The oil and gas (O&G) sector's severe price decrease rocked the industry and its long-standing corporate structures. It is now regaining ground after going through periods of low pricing, asset alignments, and productivity gains.The systems and processes employed in the oil and gas industry's exploration, production, refining, and marketing are very complex, capital-intensive, and require cutting-edge technology. In order to reduce costs, improve organizational effectiveness, and streamline operations, this calls for more data-driven decision-making and collaboration than ever before. Given the still-relatively low prices and rising demand for sustainable energy sources, it has become difficult for O&G enterprises to successfully operate across the whole value chain of the industry due to shifting market dynamics.