A Review of Technology Development in Smartization and Digitalization of Oil & Gas Industry

The Oil & Gas industry needs technologies and techniques for changing the state of its management in order to improve the level of management, engineering, and cyber performances. In the current research, firstly, qualitative studies of ideas such as blockchain, big data, artificial intelligence (AI), and the way these are performing within the industry, and then, future development will be briefly explained by taking opportunities, challenges, and risks that may happen into account. The research objective is to help the peers within Oil & Gas industry to understand the ideas of this technology and how to evolve in the current industry, and in the end, it is expected that transparency, safety, and management convenience will be introduced to the related occupations.