TOPICS OF INTEREST
DATA AND INFORMATION MANAGEMENT
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.
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.
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.
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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02 May 2019
ITEMS OF NOTE
07 August 2018
20 July 2018
16 February 2018
18 December 2017
28 November 2017