Digital Twin

Article
January 2024
It’s clear that digital solutions and flexible business models that put energy companies and their needs first will be key to achieving Indonesia’s growth goals.
News
December 11, 2023
Halliburton Company has announced that it will work with Libra Consortium, lead by Petrobras, to develop a digital twin for a pre-salt field system in Brazil.
Article
November 2023
On the North Sea Yggdrasil development, service providers are collaborating to develop three platforms that will operate remotely from an integrated onshore operations center. The project draws on experience gained from the Ivar Aasen venture, marking a significant step forward in the pursuit to increase offshore efficiency and sustainability.
Article
September 2023
As the oil and gas industry strives to cut costs, improve efficiency and reinforce its role in the energy transition, the use of digital twins is becoming more evident in the race to digitize and decarbonize the sector.
News
September 20, 2023
Akselos' digital twin RB-FEA technology is 1000x faster than legacy simulation solutions and allows for limitless scale and accuracy. This will enable the Enauta team to fully integrate the engineering real-time simulation into a real operational life environment.
Article
August 2023
The oil and gas industry is under mounting pressure to enhance productivity, efficiency and sustainability—all while reducing emissions. A laboratory information management system is helping oil and gas companies achieve this, while providing new opportunities to streamline productivity by enabling advanced digital solutions.
Article
July 2023
As the industry grapples with aging infrastructure, transitioning to net-zero and operating more safely, a promising solution is digital twin technology. It uses simulation software to improve operational efficiency, enhance safety, and support sustainability in such applications as optimizing regasification terminals.
Webcast

Leveraging production facility and methane event data to maximize production while reducing emissions with TechnipFMC’s e-Mission™ Suite and Kuva Systems

August 09, 2023
TechnipFMC
e-Mission™ Suite is a configure-to-order composable digital twin solution that consist of four applications: Thermal, Methane, Tank, and VRU. These offerings provide actionable operational insights to reduce flaring and methane emissions while improving asset integrity for production facility equipment that will aid in meeting net zero goals. In this webcast, Laura Schilling will be detailing how TechnipFMC’s e-Mission™ Suite leverages production facility and methane event data to maximize production while reducing emissions. Stefan Bokaemper will be explaining how the data captured with Kuva Systems is utilized to identify methane emission events that will aid in determining potential root causes. Find out more on how these technologies can enable production facilities to reach their net zero goals.
News
June 19, 2023
Aker BP joins a worldwide initiative together with companies leading on digitalization and digital twin, from different industries to drive the adoption, use, interoperability, and development of digital twin technology through open-source development.
News
June 19, 2023
Digital Prime offers the highest level of quality control through an efficient and collaborative solution for managing changes, running factory acceptance tests and improving project execution and training without having to disrupt the production system.
News
April 24, 2023
Automation of parts of the subsea inspection scope, using an AID, is an obvious next step for the offshore industry. Examples of inspection scopes, which are likely to be automated in the near-term future, include external and internal production templates, jacket structures, and flexible risers.
News
April 13, 2023
With a gross production capacity of up to 140,000 bopd, Argos is bp’s fifth platform in the Gulf of Mexico and the first new bp-operated production facility in the region since 2008.
News
April 12, 2023
The use of immersive learning technologies within training programs is widely proven to deliver better outcomes for both employee and employer, including knowledge retention and increased engagement; and this well-specific technological development will further instill confidence in the crew's ability.
News
April 06, 2023
The digital twins enable engineers to carry out traditional offshore work from an onshore location, accelerating work schedules and reducing costs.
News
March 22, 2023
DecisionSpace 365 applications empower an agile enterprise and bring planning, design, and operations together to create a digital twin of the well construction process. The applications provide operators real time and efficient collaboration with oilfield service providers and drilling contractors.
News
May 16, 2022
Global digital services leader Asset Information Services (AIS), a James Fisher company, announced its business development and account management expansion plans on Monday, which includes new hires in key global regions for its rapidly growing customer base.
News
January 06, 2022
Neptune Energy announced the development of new “digital twins” of two platforms in the Dutch North Sea, which will accelerate work schedules, and reduce costs and environmental impacts by enabling engineers to work onshore.
Webcast

Collaborate, Accelerate, Sustain—The Open Digital Twin Future

August 17, 2021
Siemens
Collaboration across a complete project and asset ecosystem enables companies to increase productivity, have lower capital costs, guarantee safety while being able to implement innovative solutions. The Digital Twin concept in process industries is all about collaboration.
Webcast

Reduce OPEX and Risk with Digital Twins

February 10, 2021
AspenTech
How fast can you respond to ever-changing conditions and still maintain safe, efficient operations with a remote workforce? As oil & gas, midstream and refining companies look for ways to improve efficiency and reduce costs, there are digital strategies that can have an immediate, positive impact. Please join World Oil and AspenTech® industry experts as they discuss how advancements in digital twin technology play a key role in helping companies stay ahead – safely and profitably. Learn how you can: • Reduce operating costs and risks in the “new normal” • Adapt quickly to new conditions and avoid process fluctuations • Lower energy costs and emissions while maintaining peak efficiency • Leverage digital twins, hybrid models and other innovations to meet sustainability targets All energy industry professionals involved in operations improvement should attend. The presentation will highlight best practices for deploying digital twins and there will be a Q&A session following the event.
News
October 03, 2019
This solution enables mCloud to take advantage of high-precision 3D laser scanners to create digital replicas of facilities along with a suite of capabilities designed to use these 3D models to streamline field work, minimize facility downtime, and eliminate unnecessary field visits.
News
September 26, 2019
The methodology aims to bring a level playing field to the sector’s varying technical definitions of, and expectations towards digital twins. It will set a benchmark for oil and gas operators, supply chain partners and regulators to establish trust in digital twin-generated data for performance and safety decision-making in projects and operations.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.