Conference alert: 4th Annual Blockchain in Oil & Gas Virtual Conference

In a Word: Virtue in the Virtual: Does a virtual reality by definition, or at least by etymology, have virtue? -- Andy Hollandbeck, Saturday Evening Post, April 9, 2020

The 4th Annual Blockchain in Oil & Gas Conference (www.blockchain-oilandgas.com/) has gone virtual, as have so many other conferences in the Covid era.

Here is a description of the conference, taken from the conference Web site …

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4th Annual Blockchain in Oil & Gas Virtual Conference
September 17th - 18th, 2020
We Are Pleased To Announce The 2020 Conference Will Be Virtual - For The First Time Giving Companies Across The Globe Access To Ideas And Case Studies That Will Redefine The Energy Industry
Join the oil and gas blockchain ecosystem to learn, network, innovate, and strategize to maximize your technology investments
Operators, EPCs, and industry stakeholders need to increase their level of awareness and understanding of blockchain.  As shown in ongoing pilots, blockchain is being applied to oil trading, ticketing and land rights - with many more applications being investigated.
The Blockchain Hype Has A Solid Foundation
In partnership with the Oil and Gas Blockchain Consortium, composed of giants of the industry such as ConocoPhillips, Shell, Equinor, Marathon Oil Corporation, Chevron, Hess, Repsol, Pioneer Natural Resources, Noble Energy and ExxonMobil, this year's conference will again explore ways to tap into the transformative properties of blockchain technology, to streamline operations and increase productivity.
The energy sector is one of the foundations of today’s modern society. On the way to greener and more efficient systems, blockchain technology will play a significant role in optimization and cost efficiency boosting of the whole market.
The Oil & Gas industry continues to operate in challenging times with compressed margins, reduced resources and funding and an ever pressing need to find, extract, produce, and refine hydrocarbons more cost effectively.
Blockchain is part of the solution.
WHY ATTEND
CONNECT with the world’s most trusted community of oil and gas blockchain thought leaders
DISCOVER the latest ideas, research, strategies, best practices and case studies
NETWORK with your peers from oil and gas operators  and service companies through the conference online networking platform
EXPERIENCE the presentations live, or on-demand after the event - for your convenience
INTERACT with speakers, partners, insiders and solution providers in the interactive exhibition zone 
Event Partner
Oil & Gas Blockchain Consortium (https://www.oocblockchain.com/)
source: https://www.blockchain-oilandgas.com/
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By way of background, OOC stands for Offshore Operators Committee.

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The OOC Oil & Gas Blockchain Consortium was founded to advance industry blockchain learnings for the purpose of transforming the way the industry interacts in business externally and to drive industry standards, frameworks and capabilities around emerging blockchain technology. The consortium was established under the not-for-profit organization Offshore Operators Committee and offers membership-based participation.
source: https://www.hartenergy.com/companies/ooc-oil-gas-blockchain-consortium
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TIP: For more background, Google®: blockchain chevron

One result …

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Helen Partz
Mar 01, 2019
ExxonMobil, Chevron and Five Others Form Global Oil and Gas Blockchain Consortium
Seven global oil and gas firms including ExxonMobil and Chevron formed Oil & Gas Blockchain Consortium.
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ExxonMobil, Chevron and Five Others Form Global Oil and Gas Blockchain Consortium
News
Seven global oil and gas firms, including American industry giants ExxonMobil and Chevron, have partnered to form a blockchain consortium, according to a press release on Feb. 26.
The so-called Oil & Gas Blockchain Consortium, residing under the Offshore Operators Committee (OOC), intends to conduct proofs of concept (PoC) in order to explore and apply the benefits of blockchain, as well as contribute to global adoption of the tech.
According to the press release, the consortium represents the first initiative of its kind in the oil and gas industry in the United States.
The founding members include Chevron and ExxonMobil, two of the world’s top 10 largest oil and gas companies, based on  2017 revenues of $237 billion and $134 billion respectively. The OOC board also includes U.S.-based ConocoPhillips, Pioneer Natural Resources, Hess, Norwegian Equinor, and Spanish Repsol.
Rebecca Hofmann, chairman of the OOC board of directors, said that creating the consortium is an important step towards establishing a basis for blockchain-oriented standards, frameworks and capabilities for the oil and gas industry.
On Feb. 25, Vakt, a blockchain-enabled, post-trade platform for oil, signed up four new clients, joining initial supporters, which include BP, Shell and Total, as well as industry giants Chevron, Equinor and Reliance Industries. Designed to improve commodity trading and reduce paperwork, Vakt was launched in November 2018.
Earlier in February, former JPMorgan Chase exec Etienne Amic was appointed as Vakt’s new CEO, purportedly expected to bring direct his experience in commodities trading to the platform.
source: https://cointelegraph.com/news/exxonmobil-chevron-and-five-others-form-global-oil-and-gas-blockchain-consortium
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