TOPICS OF INTEREST
DATA AND INFORMATION MANAGEMENT
Wood and Cognite Form AI-Solutions Partnership
The AI partnership combines Wood’s optimization platforms with Cognite’s Data Fusion product to develop solutions for the energy transition and free up data from fragmented and legacy systems.
ADNOC Completes First Phase of AI Maintenance Project
Phase 1 covers the modeling and monitoring of assets for six ADNOC Group companies. The four phases of the project are expected to be completed by 2022.
DNV GL Digital Platform Offers 40 Years of Reliability Data
The data have been collected and analyzed from more than 18,000 equipment units with failure and maintenance records and includes information on subsea fields with more than 2,000 years of operating experience.
Getting Serious About Transformation: Business Unit Changes Aren’t Enough
Deloitte discusses the “great compression” of the oil and gas industry in which companies’ room to maneuver is restricted. How can the industry avoid a talent gap and stop an organizational challenge from becoming a precarious business problem?
Digital Evolution in Oil and Gas: Barriers, Successes, and the Future
A recent panel discussion highlighted the industry’s progress in achieving significant digital advances. Barriers remain, however, and the measurement of success is being defined in this evolving technological step change.
Roomba for Ships? Shipping Company To Use Robotics for Hull Cleaning
To provide condition monitoring and combat fouling, the robot clings and moves along the hull walls. It is controlled via a 4G connection to clean and inspect the walls in line with individual vessel schedules developed through a proprietary algorithm and big data.
PTTEP Awards Contract to Halliburton for Offshore Digital Transformation Project
The software solution aims to improve operational efficiency and production from subsurface to processing facilities in four offshore fields.
Pipeline Leak-Detection Company Joins Chevron Technology Ventures Program
A volatile market, and a shift to more remote operations during the global pandemic has been a catalyst for demand for mIQroTech’s leak-detection technology
JIP33 Publishes Two Gear Units Specs
IOGP JIP33 plans to publish more than 30 specifications by the end of the year.
Kongsberg Maritime, Ocean Infinity Sign Deal To Equip Unmanned Surface Vehicles
Armada to install ROV launch and recovery system on its fleet of robotic ships.
Honeywell Bets on Drones
The aerospace giant is launching a new business unit to cash in on the autonomous aviation market. It will act as a systems integrator for all Honeywell products and services that could be used in this industry.
Petrofac to provide maintenance and metering for BP
The two companies worked together in 2019 to improve execution techniques where Petrofac digitalized maintenance and inspection activity.
Wood, NERA Partner on Subsea Inspection Solutions
The AI-driven tool will detect anomalies in subsea oil and gas infrastructure.
Machine Learning and Artificial Intelligence Complement Condition Monitoring
Time-stamped data anomalies can lead to more-accurate identification and faster diagnosis.
Artificial Intelligence Gains Traction Across the Industry
Artificial intelligence is already part of the work done in an office near you, and, before you know it, it will be in your office as well. Gaining familiarity and an understanding of it will serve you well.
Subsea UK Upgrades Market Intelligence Tool
SubseaIntel will provide an overview of its upgrades over the next 3 months.
OGUK Survey Aims To Find Supply Chain Solutions
Results of the survey will provide support for the UK’s initiatives to help businesses affected by the industry downturn and the COVID-19 pandemic.
Extended-Reality Initiative Optimizes Wellsite Planning
Immersive technology on projects such as wellsite planning incorporates XR, drones, and collaboration.
Immersive Tech, Cybersecurity, and Data Management Key Themes at VR/AR Forum
More energy and engineering companies participate in second Industrial VR/AR Forum.
Newly Formed JV To Provide Data-Driven Drilling Riser Maintenance Program
The data-driven maintenance program incorporates riser condition, usage, and fatigue analysis with a risk-based inspection process.
Energy Companies Well Suited To Adapt to Industry 4.0
Industry 4.0, the latest industrial revolution, has hit the manufacturing sector, building upon the adoption of computers and automation into industrial processes. How well suited is the oil and gas industry to leverage the new autonomous systems that could emerge from this transformation?
New Innovations Enable Autonomous Pipeline Inspections
As companies look to reduce the time it takes to inspect a subsea pipeline, as well as the costs involved in the operation, autonomous systems have become a more desirable option. How close are they to becoming the norm?
ISO Approves First Safety Standards for Commercial Drone Operation
The organization said the new standard, which focuses on air safety and data protection, is the first step in a wider move to promote the use of drones within a framework of approved regulatory compliance.
Engineering Diagram Processing Featured in Worley and Arundo Global Hub for Advanced Analytics
Using deep-learning and computer-vision techniques, the software recognizes all instances of specific instruments, valves, lines, and other features in a P&I diagram in seconds.
The Digital Transformation: Great Risk or Greater Opportunity?
The digital transformation is a risky proposition for oil and gas companies adapting to a rapidly changing business environment, but a failure to adapt could spell trouble for the industry.
Ingu Raises Capital To Scale Miniature Pipeline Screening Tool
The funding from Chevron Technology Ventures and Energy Innovation Capital will help scale Ingu’s data collection platform and analysis for its Pipers technology, a pipeline screening tool launched last year.
Will Faster Robots Improve Subsea Pipeline Inspections?
Sensors, robots, and artificial intelligence have made their way into a number of areas within the industry, including pipeline inspections. Shell has begun to examine the innovative technologies that could shift the inspection paradigm.
Kongsberg To Build Digital Twin for Shell’s Nyhamna Gas Facility
As part of the $11-million deal, Kongsberg will establish a dynamic virtual representation of the plant, which serves as a gas processing and export hub for the Shell-operated Ormen Lange in the Norwegian North Sea.
TechnipFMC, DNV GL Partner on Digital Twin Integrity Benchmark
The service company and independent verifier are aiming to develop a methodology for qualifying the integrity of digital twins, which they say will help level the industry’s varying technical definitions of, and expectations towards, the technology.
How Do Companies Find the Best Strategy for Integrating IoT?
The industrial Internet of Things (IoT) is changing the way the oil and gas industry operates, but are companies leveraging it to its full potential? What strategies are being employed to handle the obstacles to implementation? Finding value in people plays a role in integrating IoT into operations.
Machine Learning Enhances Evaluation of Oil and Gas Assets
Using machine learning (ML), image recognition, and object detection, the use of ML on algorithms to recognize objects and describe their condition were investigated—offering new possibilities for performing inspection and data gathering to evaluate the technical condition of oil and gas assets.
BP Completes North Sea Drone Methane Monitoring Pilot
The pilot used sensor technology originally deployed by NASA for the Mars Curiosity Rover to collect methane emissions data live-streamed from a drone. BP said it plans to deploy the technology to all of its North Sea assets, including ETAP and Glen Lyon, in 2020.
Natural Language Processing Enables Better Operational Risk Management
Equinor is working on a natural language processing tool that could combine data sources and help planners anticipate the issues that affect onsite operational safety.
Operators Build the Business Case for Drones
Drones are becoming an important tool for energy companies looking to improve on-site safety and operational efficiencies, and the industry is looking for the best way to maximize their value. What are some the challenges in getting these programs off the ground?
API Releases Guide for Drones in Oil and Gas
As drones become a more significant part of energy projects, the guide outlines the steps operators should take in assessing their capabilities to run a drone program and the elements such programs should consider, including safety and regulatory concerns.
Venture Capital Fuels the Digital Deepwater Oil Field
The technologies born out of innovative ideas have been critical for advancing deepwater assets in the past, and venture-capital investment helps incubate risk-taking companies developing those technologies. With digitization becoming a greater focus in industry, what role will venture capital play?
Neural Networks Plus CFD Speed Up Simulation of Fluid Flow
High-fidelity 3D engineering simulations are valuable in making decisions, but they can be cost-prohibitive and require significant amounts of time to execute. The integration of deep-learning neural networks with computational fluid dynamics may help accelerate the simulation process.
US on Pace To Top Saudi’s Liquid Exports This Year
The shale revolution is leading the US into a unique position: a bigger exporter of crude and petroleum liquids than the Kingdom of Saudi Arabia.
Osprey Informatics and Infrastructure Networks Partner Up on Computer Vision
The two technology startups aim to bring scale to the visual side of oilfield automation with a new deal that will cover 90% of US energy assets.
How To Find the Right Data System for Equipment Inspections
Inspection data management system software can help companies bolster their mechanical integrity programs, but choosing the wrong software can have a lasting impact on a company’s operations. So, what goes into finding the right software for your needs?
Saipem, Shell Work To Advance Subsea Autonomous Vehicle
Saipem is taking the lead in advancing the capabilities of FlatFish, an autonomous underwater vehicle being developed by Shell for commercial application by 2020.
BHGE Releases Drone Service To Fight Methane Leaks
Drones will be just one of the tools that the service company uses in its drive toward net-zero carbon emissions.
Dawn of the Drone: A New Method for Delivering IRM Services Subsea
Subsea inspection/repair/maintenance services have traditionally relied on vessel-based, ROV, or diver operations. In the longer term, identifying significant incremental savings in these operations is not sustainable and an innovative approach deploying digital technologies is being investigated.
ADNOC Joins the Blockchain Ranks, Inks Deal With IBM
The blockchain-based automated system pilot is expected to integrate oil and gas production, providing a platform for the tracking, validating, and execution of transactions at every stage of the project life cycle.
Data-Driven Methods Present Potential for Success
Data-driven methods offer significant advantages in the industry, under certain conditions, over conventional methods. But reservations still exist about their use. The paper serves to bridge the gap between unclear understanding of these methods and their successful acceptance and implementation.
Condition-Based Maintenance Helps Develop a North Sea Low-Manned Platform
Remote condition monitoring of offshore platform equipment tracks performance data, watching for deviations from baseline benchmarks. Unexpected variances can be investigated and serviced by technicians dispatched to target the root causes—an approach called condition-based maintenance.
Harnessing Data To Overcome the Barriers of Digital Adoption
Digitalization in the oil and gas industry has been the focus of much discussion, but little has been written on the slow rate of adoption. This paper outlines some of the barriers the industry faces as it assimilates into Industry 4.0—automation and data integration in manufacturing.
Can Automation Speed Up Project Delivery?
The execution of process automation projects depends on the completion of tasks that are not necessarily related to automation, hampering project development timelines. How do automation solutions, such as digital twins, help to overcome these challenges?
AI Aims To Predict Operational Behaviors, Alert of Potential Hazards
Unstructured data, such as process logs, safety reports, and public records, make up the bulk of data produced from the oil field. Emerging NLP technology has been designed to help make sense of this data, enabling better insights into near-accidents.
Standardization and Cybersecurity Go Hand in Hand
How can communication standards help companies create and enforce stronger cybersecurity protocols? What roles do people and technology play in securing assets? Industry experts look at these questions and examine other drivers of the digital oil field.
The Journey to an Autonomous Marine Ecosystem
With only about 3% of data from industrial assets used for decision making or meaningful purpose, vessel, rig, and fleet owners are looking at ways to connect existing networks and assets to achieve optimized operational performance.
Automated Data Management Helps Take the Pain Out of Analytics
Public clouds are one of the emerging technologies that are minimizing the cost of processing the big data of the oil and gas industry. Among the hurdles to the wide-scale adoption of the cloud are security and access cost.
New Chevron Venture Program Selects Pipeline Inspection Technologies
Sensor systems for pipeline inspections from Ingu and Rheidiant are among the initial selections to receive funding under Chevron’s CTV Catalyst Program.
Drones and Facility Security: Things to Look Out For
Operators need to take steps to protect their facilities from drone security breaches by outsiders. The costs an attacker incurs in developing tools to break into and control infrastructure is low compared to the costs an operator incurs in defending against those tools.
Cybersecurity: Learn What a Wiper is Before It Affects You
Many cybersecurity experts think the global malware attack on 27 June may have been an initial test run of a hybrid creation. If the term “wiper” is unfamiliar, you need to read this.
OTC: Risk-Based Cybersecurity Critical for Offshore Automation
A cybersecurity director outlines the steps needed to adopt a risk-based cybersecurity program. He cautions that in many cases, process control systems’ confidentiality is mistakenly viewed as a lower priority than IT systems’.
Hacking the Oil Field for Profit
Honeypots and pen testers. If these terms are unfamiliar, you’ll want to learn their roles in the safekeeping of critical evaluation and operational data in oil and gas activities, from the reservoir to the well pad to pipelines.
IT/OT Convergence Plays Critical Role in Cybersecurity Protocol
Industry CIOs examine the challenges operators and service companies face in understanding cybersecurity threats.
Artificial Intelligence Poised To Change Industry Operations
A consultant examines the ways in which artificial intelligence and machine learning solutions may have a significant impact on industry operations.
SPE-BSEE Data-Sharing Initiative Aims To Improve Risk Management
Various industry experts discussed the progress of an initiative led by SPE and BSEE to develop a safety data-sharing framework to help mitigate potential risk in operations.
Technip CEO: Industry Downturn Creates Opportunities for Innovation
Investment in digital technologies may increase project efficiency and reduce costs. However, Technip’s chief executive officer (CEO) said it is equally important to strengthen relationships with companies along the supply chain.
GE CEO: Partnership With BP Among Highlights of Digital Initiatives
The oil and gas sector is an area primed for transformational development of its operations through new digital infrastructures, GE’s CEO said in an address to technological developers and company partners.
New Report Predicts Lower IoT Spending Over 10-Year Period
A recently released report predicted that IoT networks will not take up as much of the overall market share as previously anticipated.
Mining the Diamond From Data Improves Project Efficiency, Production
IoT has become a popular phrase in various industries. For upstream oil and gas operators, an IoT infrastructure may present an opportunity improve quality control on their projects, potentially reducing costs and increasing production.
Astronomy, Fiber-Optics Provide Blueprint for Data
Managing an unconventional asset requires the proper analysis of large amounts of data. How can unconventional asset operators utilize data processing technologies commonly used in other industries?
Information Management Essential to Efficient Facilities
The amount of data within industry continues to grow. Information management is a significant challenge, but it provides an opportunity for improved project performance.
Training, Updated Procedures Essential to Cybersecurity Efforts
More than 45% of energy companies fell victim to at least one cyberattack in 2014, a higher percentage than in any other corporate sector. With constant hacking threats, companies must develop strong cybersecurity strategies.
Healthy Cybersecurity Culture Requires Communication and Awareness
Betsy Woudenberg examined recent incidents and described how the oil and gas industry can develop the culture needed to combat cyber espionage in her SPE Digital Energy Technical Section presentation.
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