Big Data
News
May 08, 2017
The 19th edition of the Asia Oil & Gas Conference (AOGC 2017) started today in Kuala Lumpur, where more than 1,300 delegates have converged at the Kuala Lumpur Convention Centre to discuss issues and gain invaluable insights on the new reality of the oil and gas industry.
News
May 05, 2017
Siemens will deliver advanced digital solutions for Aker BP’s future field development projects as part of a long-term partnership between the two companies focused on the design, supply and installation of electrical, instrumentation, control and telecom systems—from the preliminary phase to first oil.
News
May 05, 2017
Geophysical Insights announced the launch of the new Attribute Generator in the latest release of Paradise version 3.1.
News
May 04, 2017
Like wildfire, the oil and gas industry’s concentrated effort to expand on digital transformation capabilities continues to spread. More and more technology is being developed in an effort to generate further opportunities for value creation.
News
March 15, 2017
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.
News
March 15, 2017
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.
News
March 15, 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.
News
March 14, 2017
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.
News
March 14, 2017
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.
News
March 14, 2017
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.
News
March 14, 2017
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.
News
March 14, 2017
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.
News
March 14, 2017
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.
News
March 14, 2017
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.
News
March 14, 2017
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.
News
March 14, 2017
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.
News
February 14, 2017
SSI is the program sponsor for a proposed digital transformation initiative, with principal drivers including needs for instrumentation, monitoring, control and automation, as well as technical challenges and barriers faced by operating companies.
News
February 09, 2017
To facilitate frictionless connections between different industry players, domain experts and data scientists, DNV GL is launching an industry data platform.
News
February 03, 2017
During a late-morning panel discussion on the second day of GE Oil & Gas' Annual Meeting 2017, representatives from GE Oil & Gas, Aker BP, Woodside, Petronas, RasGas and SBM Offshore discussed how digitization and big data are driving trends in the oil and gas industry.
News
February 03, 2017
Following the plenary keynotes of GE Oil & Gas' Annual Meeting 2017 on Monday, January 30, a "fireside chat" was hosted by GE Chairman and CEO Jeffrey R. Immelt and BP Group CEO Robert "Bob" Dudley (Fig. 1; Dudley pictured on top screen).
News
December 22, 2016
Honeywell and Dover Energy Automation are to collaborate as part of the Honeywell INspire program, Honeywell’s joint customer development program for its Industrial Internet of Things (IIoT) ecosystem, helping industrial energy customers improve the safety, efficiency and reliability of their operations.
