DefinePK

Abstract

This review paper explores the policy requirements, implementation strategies, challenges, and future directions of digital twin technology in the oil and gas industry. It discusses the regulatory framework, data governance, compliance, safety, and intellectual property considerations essential for successful integration. Implementation strategies encompass strategic planning, technological integration, skills development, and change management. Challenges such as data accuracy, interoperability, cost implications, regulatory compliance, and ethical concerns are analysed. Future trends, including advanced analytics, edge computing, IoT integration, and developing a digital twin ecosystem, are discussed. By addressing these aspects, organisations can leverage digital twin technology to enhance efficiency, safety, and sustainability in oil and gas operations.
Keywords: Digital Twin Technology, Oil And Gas Industry, Policy Requirements, Implementation Strategies, Challenges