Firstly, the sixth anniversary of the Blockchain in Oil and Gas conference took place at Houston, Texas. It is an important forum for the companies to converge to discuss the landscape of blockchain developments and deployments in oil and gas.
Oil and gas forum
The forum is a space in which companies (upstream, midstream and downstream) can learn about developments of interest. Also, attendees heard about various initiatives currently under development in the industry to provide updates on their progress. Moreover, technology suppliers presented their offerings and other tools.
Blockchain technology is changing the industry
The world’s only Blockchain-focused event in oil and gas joint hundreds of thought leaders, executives, and researchers from across the industry at the Houston Americas.
Presented by the Energy Conference Network, the Conference gathered operators, service companies, EPCs, and industry stakeholders invested in transforming the future of oil and gas through Blockchain technology.
The conference highlighted opportunities to create industry solution frameworks and guidelines. It leverages blockchain technology to reduce costs, improve timelines, and eliminate disputes in any given process.
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The US cautions against long-term gas projects in Africa, but there is a significant energy lack.
A key focus of the 2022 conference was blockchain as an enabler for carbon tracking and mitigation – the generational driver for oil and gas companies today.
The conference is a collaboration between the Energy Conference Network and Blockchain for Energy.
About Blockchain For Energy
Blockchain For Energy is a collaborative, non-profit organization made up of industry experts from major energy companies. They learn, lead and leverage blockchain technologies within the industry; by uniting the right parties and working collectively to agree on new digital ways of working.
Their goal is to develop and deploy innovative, value-added solutions, modernizing the way they do business. By doing so, they optimize costs, increase efficiencies, and promote industry growth. Blockchain For Energy is a safe venue to create transformational change, for the energy industry, by the energy industry.
Finally, companies and investors across the oil and gas industry continue to operate in difficult times with compressed margins and reduced resources. Blockchain provides real, difference-making solutions for the industry’s most significant challenges today.
