Digital Twin

Petrofac has collaborated with asset management specialist James Fisher Asset Information Services to eliminate the need for offshore surveys ahead of modification scopes, reducing time and cost.

Historically, operators have employed piecemeal strategies to optimize components of the production value chain. However, achieving autonomous operations will require a holistic approach, integrating traditionally disparate data sources to create a single digital twin that can be delivered with relatively small up-front investment.

Two senior executives with TotalEnergies and Schlumberger give their thoughts and analysis of what the industry’s digital transformation effort has accomplished and where it is headed in the future.

A comprehensive digital twin system integrates operational and informational data to produce a fully virtualized rendering of a facility’s current situation and predicts how the asset will behave over time.

Next-generation oil and gas projects will benefit from the improved collaboration and shared goals made possible by increased digitalization and high-quality visualization tools.

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.

engageSubsea remote serves as an equipment inspection tool, technical support and operational management platform, and is designed to drive operational excellence and increase capital productivity for offshore oil and gas operators.

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.

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.

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.

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.

As remote inspection gains momentum in the current climate, digital twinning is gaining greater acceptance as a trusted method to reduce operating costs. New data show the benefits that digital twinning can bring to decommissioning.

Digital transformation holds the key to addressing global energy challenges

Digital twin technology provides most of the information required for a complete integrity management program, greatly improving the ability to operate and maintain floating production systems.

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.

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.

DNV GL proposes the “Probabilistic Digital Twin” (PDT) to close the gap between digital twins – used increasingly by operators to manage the performance of their assets – and risk analysis still largely conducted manually before assets enter service.

Saipem, the energy and infrastructure solution provider, is implementing DNV GL’s hull planned maintenance system, ShipManager Hull, on five vessels of the Saipem fleet.

The predictive capabilities of a life-cycle condition-based maintenance and monitoring program benefits drilling contractors and operators by lowering overall costs, reducing risks and enabling greater efficiency managing assets.