data

The Data Governance is the set of rules defining the data: property, storage, protection, and in case of exploitation how it should be shared or rewarded.

Once the context awareness done, the question is no more “if” but “how” should the Oil & Gas industry turn digital.

For this purpose we designed a simple list to breackdown and categorize all the Use Cases from digitalization applicable to Oil and Gas operations.

As reminder, a Digital Twin is a virtual model of an existing object, process or service.
To run this model efficently, the Digital Twin needs to be fed with data.
In the Large Industry, these data can be divided in two categories: Passive or Active.

As the first large scale data privacy regulation, the interest was to see how national watchdogs were going to use their new hammer that, for the record, senables to fine an entity up to €10 millions or 4% of the global revenue, depending on the infringement.

The General Data Protection Regulation (GDPR) is the new directive adopted by the European Union to regulate data privacy between citizens and organizations.

This law will come into effect the 25 May 2018 and will apply to every company processing data from EU citizens, even if the organization is not EU-based. GDPR is a major breakthrough for privacy and security in an increasingly data-driven world.
This directive aims to give EU citizens control over their personnal data, while giving greater responsability to organizations data management.