Big Data ///
GE and Noble Corp jointly announced a partnership to collaborate on a digital optimization tool, called Digital Rig, which will enable data-driven operational efficiency using data analytics.
Electromagnetic Geoservices ASA (EMGS) has announced that the Company has entered into agreements involving data licensing (prefunding and late sales) related to 3D EM data in the Barents Sea, Norway.
Saipem and Siemens have signed a Joint Development Agreement aimed at qualifying and promoting an open standard subsea control systems for Saipem’s Subsea Bus architecture based on Siemens Subsea DigiGrid.
In collaboration with multi-client geoscience data company, TGS, Fugro continues to map the seafloor in the Gulf of Mexico to pull together a complete picture of geological features, including hydrocarbon seeps.
Moving automation off the critical path of project execution requires agility as well as speed. Configurable single channel input/output (I/O) systems and fully digital instrument communications have advanced both causes.
No matter what industry you work in, improving and instituting automation efficiency can lead to operational excellence. This idea was the theme of Wednesday morning’s keynote presentation “Next level operational excellence: Efficiency in automation” at ABB Customer World 2017.
ABB Customer World 2017 took on a theme during Wednesday’s sessions, focusing heavily on digitalization and how it can be used to “close the loop” and generate customer value.
Collaboration and connectivity is key within the digital revolution, ABB CEO Ulrich Spiesshofer said during the welcome keynote address Tuesday morning at ABB Customer World in Houston.
This year at ABB Customer World, one of the many new products being introduced is the LLT100, a new laser level transmitter from the company’s Measurement and Analytics business. It’s specifically made for industrial applications and harsh environments.
Condition-based maintenance is something all oil and gas operations seem to be chasing these days, and for good reason. Performing maintenance only when it is needed is common sense, but in a low oil price environment it becomes an essential tool in managing cost.
The process industries’ newest production assets have never been larger or more complicated. But with increased scale and complexity has come a growing inability to predictably deliver capital projects on schedule and within budget. Key contributors to this growing risk are late design changes that tend to cascade throughout a project, causing delays and budget overruns.
ABB commercially launched ABB Ability™ at ABB Customer World 2017 in Houston this week, introducing customers to the new digital solutions portfolio that combines cutting-edge technologies to deliver impressive solutions and services that aid in solving a variety of potential complications faced in utilities, industry, transport and infrastructure.
Oil and gas projects have been conducted the same way for decades. According to an EY report, 64% of projects face cost overruns and over 70% are reporting a schedule delay. This has inevitably led to the pursuit of rethinking the way oil and gas companies conduct projects. This idea was the main topic of Tuesday’s plenary session “Innovation in project execution is causing the chemical, oil and gas industry to think differently” at ABB Customer World 2017.
Carlsen 3D is a 5,490-km2 multi-client survey in open acreage in the Southwest Barents Sea, between the Tromsø and Sørvestnaget basins.
Located about 180 miles (288 kilometers) southwest of Toronto, NOVA Chemicals' Corunna site is a petrochemical complex that produces 1.8 billion pounds of ethylene and up to 700 million pounds of co-products annually. The facility started up in late 1977 and was purchased by NOVA Chemicals in 1988. It was the first fully integrated refinery and petrochemical complex in North America and today employs 495 people.
Rotating equipment is the most common cause of downtime or reduced production in OGC plants. Monitoring the condition of that equipment is often performed manually by maintenance personnel, but this practice is expensive and often inefficient. ABB has recently presented ABB Ability, its platform for industrial IoT technologies.
The advent of input/output (I/O) hardware systems that are fully flexible on a single-channel basis has remarkably wide-ranging implications when it comes to project risk. Each analog I/O channel and module starts out essentially identical to the next; entire I/O cabinets—fully assembled with redundant power supplies and network connections—can be ordered with a single part number.
Power management company Eaton recently stopped in Houston on its 2017 Industrial Controls in Motion mobile tour.
To assist companies in getting more out of their management systems, DNV GL is launching Lumina, a set of performance benchmarking tools giving organizations market-based insights and support to identify and prioritize improvement areas.
Accenture opened a new innovation hub in Houston as part of the company’s accelerated innovation investment in the U.S.