Key upstream oil and gas trends to watch in 2023

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At the 2023 ADI Forum, Allie Thurmond, Asset Manager, US GoM, Exploration, Equinor; Sheldon Harbinson, VP, Americas, CMG; and Maryam Schellstede, SVP, Planning & Development, University Lands, joined moderator Uday Turaga, CEO, ADI Analytics. They participated in the Upstream oil & gas panel. The discussions on digital transformation in energy highlighted the shift from siloed technologies to integrated end-to-end solutions.

While adoption had lagged due to user hesitancy and reliance on spreadsheets, the industry reached a turning point. This shift was driven by rising expectations for seamless integration. They also examined energy transition investments. They weighed whether companies had moved too aggressively or were adjusting to market realities.

The panel explored energy storage, recognizing its critical role in transition efforts despite under-investment compared to other sectors. Experts anticipated significant advancements based on geographic applications and storage type, though widespread adoption remained uncertain. Global energy trends were highlighted, stressing the importance of long-term strategic planning to navigate future challenges.

About ADI Analytics

ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.

We also host the ADI Forum that brings c-suite executives together for meaningful dialogue and strategic insights across the oil & gas, energy transition, and chemicals value chains. Learn more about the ADI Forum.


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