News and insights from Asean
Powering a Revolution in the Digital Age
The World Economic Forum on ASEAN took place in Kuala Lumpur at the start of June, an event designed to understand the sweeping changes which face our world. At its heart were three principles:
- Driving Sustainable Growth and Social Inclusion
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Electrifying Gorontalo: Our Commitment to Deliver Fast Power to The Nation’s Remotest
How a Three Hour Flight Changed Myanmar
Two hours and fifty-four minutes. That’s how long it took a plane to fly from Yangon, Myanmar to Singapore in August 2015. A short flight by some standards, it was barely long enough to watch a movie or read a magazine. Although it may not seem like much, this flight was a historic moment for Myanmar.
The Digital Revolution in Oil & Gas
One billion people. A global economy that is 20% larger. Huge growth in energy demand. Challenging production margins. These are the problems. The solution? That is digital.
Leading the Digital Transformation of the Power Industry
ASEAN is home to over 600 million people and is one of the fastest growing economic regions in the world. With a projected growth of 4 to 6 per cent in the coming years, how can ASEAN grow without having the proper energy infrastructure?
However, the power industry faces a complex set of challenges – it needs to extend electricity access, provide sufficient power to support existing grid infrastructure, ensure environmental sustainability and improve efficiency across an increasingly multi-dimensional energy value chain.
Powering ASEAN in 2016
ASEAN is one of the fastest growing regions in the world; a diverse, dynamic economy worth over US$ 2 trillion and with a projected growth of 4 to 6 per cent in coming years. Yet without sufficient energy investment, that growth will falter. As such, 2016 will be a pivotal year in developing the energy landscape moving forward.
ASEAN’s primary energy mix is predicted to rise on average 4.7 per cent each year, to reach 1,685 million tons of oil equivalent (Mtoe) by 2035 according to the ASEAN Centre for Energy.
Cooperation Leads to a Brilliant Future: Industrial Internet and Southeast Asia
We live in a beautiful time. It is a time where cooperation will be rewarded, where man and machine can work as one to deliver a better world. This is not science fiction. This is our brilliant future.
The relationship between mind and machine is at a crucial juncture. Machines are becoming more and more powerful, their capabilities for learning and adaptation truly wonderful. At GE, we call this simply - brilliant.
Big Data Oils The Future Of O&G
The introduction of big data analytics has helped the industry improve on its efficiencies, facilitating industry players to reduce downtime and optimise resources. General Electric (GE), for example, has presented various digital industrial solutions.