Oil & Gas

Solid numbers, improved efficiency

Digitalizing in the Oil & Gas industry

Maximizing plant availability, safety, reliability, and efficiency of operations & maintenance are the key challenges for today’s Oil & Gas industry. Close and accurate real-time monitoring of key processes parameters is critical.

Oil&Gas plant offshore

Oil & Gas industry trends

  • – Increase the number of sensors
  • – The decreasing number of Subject Matter Expert (SME)
  • – Digital Twin
  • – Silo-ed integration with interoperability and Cyber Security
  • – Sensor validation, verification and calibration are changing from manual to automatic
  • – Diagnostic information becomes more important
  • – Soft Sensors
  • – Intelligent (Smart) Systems
  • – Digital Twin
  • – Artificial intelligence (AI)

Overcoming Oil & Gas industry trends

We use digital to help our clients boost productivity, mitigate risk, reduce waste, and spark growth.

Operational risk

With growing complexity in regulations, Oil & Gas operators must invest more in health, safety, and compliance technology to manage operational risk.

Asset Reliability

Many critical assets are over 25 years old in the Oil & Gas industry. A significant percentage are still using reactive maintenance practices and are unable to detect errors on time.

Insight into Asset and Operational data

Oil & Gas operators are challenged with low visibility into asset or operations performance on both the plant and enterprise levels.

Market demand

Current market conditions and shifting feedstock prices, Oil & Gas operators are often challenged with decentralized production, putting added pressure on operating costs and production flexibility.

Knowledge management

Around 70% of experienced employees will retire in the next 10 years.

Reporting & Compliance evidence

Increasing requirements for (environmental) reporting and compliance evidence.

Opportunities

  • – Increase operational efficiency of existing plants
  • – Optimize execution of new projects
  • – Maintain assets and infrastructure in a cost-effective manner
  • – Increase plant reliability (up-time) + product specifications (no outlier)
  • – Improve Production Forecast confidence
  • – Adhere and comply with existing & future regulations
  • – Maintain & Improve Safety Record
  • Reduce emissions 

How?

  • – Improve timeliness of data for better planning, optimization
  • – Get more value out of existing data; re-use & avoid duplicates
  • – Provide proven solutions & expertise, especially to small/medium size companies.
  • – Implement the ‘right degree’ of digital transformation
  • – Form strategic alliances with major global players
  • – Stimulate, facilitate and join forces in shared Technology projects

+130 Clients Worldwide

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