Diana Grauer, PhD, Director of R&D at NOV, joins us to explore the intricacies of innovation in the energy sector. Diana discusses how NOV is leveraging cutting-edge technology stacks to reshape the industry and the challenges involved in integrating new technologies into traditional energy systems. She shares valuable insights on the evolution of energy tech, its impact on operational efficiencies and cost reduction, and the crucial balance between people management and technology implementation. Looking ahead, Diana offers predictions on future trends and the trajectory of energy tech advancements. With her extensive experience in research and development, Diana provides a unique perspective on how engineering, technology, and business strategy converge to drive innovation in the energy sector.
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Click here to watch a video of this episode.CHAPTERS:
0:00 - Intro
1:17 - People Management Challenges
6:34 - Oil Pricing Trends in Energy Sector
11:28 - Basics of Commodities Trading
18:50 - Evolution of the Energy Industry
23:18 - Technology Debt in Energy Sector
26:46 - Consumer Influence on Energy Tech
33:13 - Role of Graphing Calculators in Energy
36:07 - Project Prioritization Strategies
38:58 - Organizational Culture in Energy Companies
42:05 - R&D Risk Management
46:54 - Evaluating Compounding Tech Effects
48:35 - NOV AI Excellence Center
50:13 - Staying Ahead in Energy Tech
54:14 - Agility of Energy Startups
1:01:10 - Understanding Oilfield Operations
1:03:45 - Oilfield Benefits to Local Communities
1:12:30 - Funding Gaps in Energy Innovation
1:14:34 - Convergence of Tech and Energy
1:17:38 - Future Trends in Energy Sector
1:23:10 - Impact of Modern Technology
1:28:40 - Field Innovation in Energy
1:32:17 - Job Optimization in Energy Work
1:35:18 - Building Culture in Energy Fields
1:39:22 - Safety Protocols in Energy Industry
1:39:40 - Speed Round
1:42:34 - Where to Find Diana Grauer
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