Petrofac boss says digital revolution can bring +IBg-whole world+IBk of oil jobs

+ADw-p+AD4-Petrofac+IBk-s John Pearson believes the digital transition can better the life of those working in oil and gas by offering +IBw-a whole world+IB0 of new jobs.+ADw-/p+AD4
+ADw-p+AD4-Speaking at the Future Oil and Gas Conference in Aberdeen, Mr Pearson said that a digital world will not +IBw-limit+IB0 workers to jobs which are merely local, but worldwide.+ADw-/p+AD4
+ADw-p+AD4-Mr Pearson, the company+IBk-s+AKA-chief corporate development officer and group managing director, Western Hemisphere, said: +IBw-I think people+IBk-s jobs will undoubtedly change but I think they+IBk-ll become even more rewarding, frankly, because you+IBk-re not just limited to the jobs that are on your doorstep. You+IBk-ve got the world of oil and gas brought to you by digital methods.+ADw-/p+AD4
+ADw-p+AD4gHA-How many years have we been bemoaning that we haven+IBk-t got enough good people? Frankly, I think we+IBk-ll be able to have access to all the good people in our company and put good work into good people and that should make us sustainable in the long term.+IB0APA-/p+AD4
+ADw-p+AD4-Mr Pearson was speaking in response to the wider cultural change that many in the North Sea oil and gas industry feel needs to happen.+ADw-/p+AD4
+ADw-p+AD4-Some believe that the industry hasn+IBk-t been as fast as other sectors, such as retail, in shifting to the digital transition.+ADw-/p+AD4
+ADw-p+AD4-Mr Pearson outlined what the industry has to do in the short term to keep up with the pace of digital change and particularly cultural change.+ADw-/p+AD4
+ADw-p+AD4-He said: +IBw-The good thing is that in the last few years the whole industry+AKA +IBM that+IBk-s government, regulators and operators +IBM everyone+IBk-s taken the price of taking a barrel out of the ground and halved it. It+IBk-s amazing, no one ever thought we would do that.+ADw-/p+AD4
+ADw-p+AD4gHA-As the industry changes and gets busier again, which it undoubtedly will do, there+IBk-ll be a need to stay focused on how we can keep that efficiency and actually build more in +IBM for me this isn+IBk-t optional. It+IBk-s something we+IBk-ve really go to do.+ADw-/p+AD4
+ADw-p+AD4gHA-Petrofac has been in the UK for a very long time, we intend to stay here for a very long time to come and for me people shouldn+IBk-t be afraid of these new ways of working. In fact, this is something we+IBk-ve all embraced in our personal life and can+IBk-t live without anymore. So for me, many of the things we+IBk-re doing is looking at how we can use the skills of our people in the best way in what is a global industry.+IB0APA-/p+AD4
+ADw-p+AD4-Asked what Petrofac aims to do to remain digitally relevant, Mr Pearson said:+AKAgHA-For us the key is to find what will transform our customers business, and focus on them, and then find cool technology that actually makes that happen. Look for cool+AKA technology and then figure out what to do with it.+ADw-/p+AD4
+ADw-p+AD4gHA-In brownfield projects, which is a main part of the Aberdeen market, if all Petrofac did was deliver every project 100+ACU on time and for half the market rate I think Petrofac would do well in any oil price. So we+IBk-ve said +IBg-that might be quite ambitious+IBk but what would it take to do that? Could it it be done? How can modern digital technologies allow a different business process that will actually get at that value?+ADw-/p+AD4
+ADw-p+AD4gHA-There+IBk-s a lot of talks about agile methods. In a world that+IBk-s moving so fast, it+IBk-s really easy to invent something that+IBk-s out of date all the time. The idea is let+IBk-s get something good up and running quickly. So for a company like Petrofac, let+IBk-s work with our customers, let+IBk-s work with our suppliers so we get a proof of concept so that we get something good +IBM it might not be perfect or finished +IBM but we+IBk-re up and running.+IB0APA-/p+AD4

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