Data Governance Facilitate Digital Transformation of Oil and Gas Industry

Data gradually becomes a critical concern for the strategic resources in enterprises. Massive amounts of data with different types involved in the oil and gas industry can be obtained through IoT (Internet of Things) devices, supported by Blockchain technology with characteristics of immutability an...

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Main Authors: Jian Su, Shanglin Yao, He Liu
Format: Article
Language:English
Published: Frontiers Media S.A. 2022-05-01
Series:Frontiers in Earth Science
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/feart.2022.861091/full
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author Jian Su
Jian Su
Shanglin Yao
He Liu
He Liu
author_facet Jian Su
Jian Su
Shanglin Yao
He Liu
He Liu
author_sort Jian Su
collection DOAJ
description Data gradually becomes a critical concern for the strategic resources in enterprises. Massive amounts of data with different types involved in the oil and gas industry can be obtained through IoT (Internet of Things) devices, supported by Blockchain technology with characteristics of immutability and credibility in distributed storage. Hence, credible data will be rationally used in Big Data analysis and Artificial Intelligence implementation. The global mutual trust protocol of Blockchain technology is the bridge among IoT devices, Big Data analysis and Artificial Intelligence implementation, and enables effective coordination of participation of multiple parties and ultimately break isolated island of information. Data governance is the prerequisite for data sharing. As a basic project, Data Sharing breaks data islands and business barriers, improving Data Governance capabilities in Digital Transformation and promoting high-quality development of the oil and gas industry) From the perspective of Digital Transformation, this paper reviews the current situation and problems of Data Governance by evaluating the Data Governance ability of oil and gas enterprises. Furthermore, a proposal is put forward to apply Blockchain technology to improve the Data Governance system and capabilities as the overall program of the oil and gas industry Data Governance system.
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spelling doaj.art-711f23a9f96740afaa4772fb7a8331972022-12-22T03:25:54ZengFrontiers Media S.A.Frontiers in Earth Science2296-64632022-05-011010.3389/feart.2022.861091861091Data Governance Facilitate Digital Transformation of Oil and Gas IndustryJian Su0Jian Su1Shanglin Yao2He Liu3He Liu4School of Economics and Management, China University of Petroleum, Qingdao, ChinaResearch Institute of Petroleum Exploration and Development, Beijing, ChinaResearch Institute of Petroleum Exploration and Development, Beijing, ChinaSchool of Economics and Management, China University of Petroleum, Qingdao, ChinaResearch Institute of Petroleum Exploration and Development, Beijing, ChinaData gradually becomes a critical concern for the strategic resources in enterprises. Massive amounts of data with different types involved in the oil and gas industry can be obtained through IoT (Internet of Things) devices, supported by Blockchain technology with characteristics of immutability and credibility in distributed storage. Hence, credible data will be rationally used in Big Data analysis and Artificial Intelligence implementation. The global mutual trust protocol of Blockchain technology is the bridge among IoT devices, Big Data analysis and Artificial Intelligence implementation, and enables effective coordination of participation of multiple parties and ultimately break isolated island of information. Data governance is the prerequisite for data sharing. As a basic project, Data Sharing breaks data islands and business barriers, improving Data Governance capabilities in Digital Transformation and promoting high-quality development of the oil and gas industry) From the perspective of Digital Transformation, this paper reviews the current situation and problems of Data Governance by evaluating the Data Governance ability of oil and gas enterprises. Furthermore, a proposal is put forward to apply Blockchain technology to improve the Data Governance system and capabilities as the overall program of the oil and gas industry Data Governance system.https://www.frontiersin.org/articles/10.3389/feart.2022.861091/fulldata governancedigital transformationoil and gas industryexploration and developmentdata sharinggovernance capabilities
spellingShingle Jian Su
Jian Su
Shanglin Yao
He Liu
He Liu
Data Governance Facilitate Digital Transformation of Oil and Gas Industry
Frontiers in Earth Science
data governance
digital transformation
oil and gas industry
exploration and development
data sharing
governance capabilities
title Data Governance Facilitate Digital Transformation of Oil and Gas Industry
title_full Data Governance Facilitate Digital Transformation of Oil and Gas Industry
title_fullStr Data Governance Facilitate Digital Transformation of Oil and Gas Industry
title_full_unstemmed Data Governance Facilitate Digital Transformation of Oil and Gas Industry
title_short Data Governance Facilitate Digital Transformation of Oil and Gas Industry
title_sort data governance facilitate digital transformation of oil and gas industry
topic data governance
digital transformation
oil and gas industry
exploration and development
data sharing
governance capabilities
url https://www.frontiersin.org/articles/10.3389/feart.2022.861091/full
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