Digital Transformation ///
Woodside successfully executed a million-vCPU scale computing workload across three AWS regions in the United States, performing full-waveform inversion on 3,200 km2 of 3D seismic data from the Greater Sunrise gas resource, located offshore Timor-Leste.
Petrofac has signed a three-year partnership with Intoware, a leading provider of workflow automation software for mobile applications, to develop and deploy workflow automation software that is specifically tailored to the requirements of the oil and gas industry.
Jōb Industrial Services, an engineering, procurement and construction company serving the oil and gas, power, materials and chemical industries, has added Ansys Engineering Simulation Software: Ansys Fluent and Ansys Mechanical, to its capabilities. This enables the full-service EPC firm to perform advanced finite element analysis/computational fluid dynamic analysis and directly implement results into its engineering designs.
PDO operates a concession in Oman that covers almost one third of the country’s land surface area. This makes the DPC a critical proving ground for deploying new technology and workflows that can meet the highly variable imaging requirements of PDO’s exploration and production activities.
The proposed tie-up of S&P with IHS Markit, a research firm with more than 5,000 analysts, data scientists, financial experts and industry specialists, is part of a race for scale as the industry’s largest players try to capitalize on surging demand for data and analytics in increasingly computerized financial markets.
Rockwell Automation announced the release of new industrial PCs and software to markedly improve the reliability and security of visualization applications. Visualization systems are often among the most expensive plant floor systems to maintain and are a common target for unauthorized users looking to access control system assets and intellectual property.
The companies will work together towards summer 2021 to assess the market for lithium-ion batteries in Europe and mature the business case for a green battery business located in Norway.
Danelec Marine and Veracity by DNV GL have signed a pilot agreement to enable new maritime use-cases; combining the strengths of DanelecConnect’s onboard data capture capabilities and Veracity’s eco-system and platform architecture.
Rockwell Automation, one of the world’s largest companies dedicated to industrial automation and digital transformation, along with its PartnerNetwork™, opens the 29th year of its signature showcase event: Automation Fair At Home from Nov. 16-20.
Developed in collaboration with TechnipFMC, DNVGL-RP-A204: Qualification and assurance of digital twins sets a benchmark for the sector’s varying approaches to building and operating the technology.
NASA is among the first customers to benefit from the joint service offering. Baker Hughes is adapting and printing a NASA design using a hybrid of direct energy deposition, an additive process, and machining to manufacture a part to be used in wind tunnel testing.
Shopping cart, quick checkout, real-time inventory access…all of this is now available on Smartengo, Vallourec’s e-commerce platform. Released in September 2020, Smartengo 2.0 has undergone an extensive makeover to optimize the user experience at every step of the online customer purchasing journey.
Manoj Nimbalkar, Weatherford
Operators cash-in near-perfect asset efficiency and long-term value
Jim Nyquist, Emerson
The industry must adapt to address new and unforeseen challenges in market demand, staffing and worker health and safety. Digital transformation is a requirement to keep businesses alive while ensuring the most efficient and sustainable use of resources.
Duncan Micklem, Yokogawa
An extremely challenging economic environment is driving digital transformation across the oil and gas industries—but it doesn’t need to happen all at once. Companies can realize major top-line and bottom-line improvements, by thinking big but starting small and scaling up, using digital twins.
AIQ, Schlumberger and Group 42 signed a strategic framework agreement to collaborate on the development and deployment of artificial intelligence, machine learning and data solutions for the oil and gas industry.
Weatherford International announced its smart rod-lift solution, comprised of production optimization software, automation, and skilled engineers, boosted uptime 42 percent and increased production 37 percent for 40 reciprocating rod-lift wells in Sumatra, Indonesia.
A critically important factor in selecting an automation platform is ensuring the technology has been designed and engineered for oil and gas operations. Fit-for-purpose automation technologies are much more likely to deliver superior performance long term while providing an optimal user experience.
As companies look to their future in an uncertain environment, selecting the right automation and measurement platform becomes a critical decision that can deliver real operational cost savings by reducing complexity, allowing for more flexible engineering practices, and providing the tools necessary to employ truly standardized approaches across the organization and asset base.
Kjell Eriksson, DNV GL
Operators require proof that digital twins can be trusted and will deliver value over time. Two companies have partnered to develop a methodology for qualifying the quality and integrity of the technology.