The oil and gas industry is set to spend $15.6 billion on digital transformation by the end of this decade to enhance cybersecurity, maintain safe operations, and create sustainable performance, technology intelligence firm ABI Research said in a new report on Wednesday. Currently, the oil and gas sector faces operational, commercial, and existential threats due to increased pressure to reduce emissions, protect against cyberattacks, and maintain the reliability and safety of operations, ABI Research said.
The industry’s spend on security…Oil And Gas Industry To Spend $15 Billion On A Tech Transformation
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