Digital Twin

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.

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.

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.

The company notes that COVID-19 has been a wake-up call to the upheaval that a sudden drop in energy demand and/or labor availability can cause, and digital oilfield technologies such as digital twins and other remote monitoring solutions will be gamechangers in upstream oil and gas operations.

4Subsea, a leading provider of digital technology and services to the energy and maritime sector, has successfully completed more than 300 measurement campaigns across the North Sea following the launch of its digital twin technology, significantly increasing uptime and mitigating risk during well operations.

The software combines innovative technology with a tightly integrated, end-to-end suite of workflows to create a complete and connected geoscience solution that enables a subsurface digital twin.

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.

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.

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.

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.

Offshore drilling sees a resurgence with billions planned for investment in new greenfield developments. Digital strategists in the oil and gas sector see the opportunity to leverage new projects to introduce new, more transparent digital workflow processes into their operations.

Gazprom Neft’s board of directors has reviewed information on further improving the efficiency of the oil business’s operational processes through the use of innovative digital technologies.

The concept of Digital Twin is not new and it has been around for more than a decade. A digital twin is a complete 360-degree digital replica of a physical asset such as a pump, compressor or entire plant that enables analysis of data and monitoring of systems to catch problems before failures occur, preventing downtime and developing new opportunities for business improvement. Only in recent years, the improved technology and greater clarity on the use cases have accelerated the technology adoption.

Kongsberg Digital launches their new digital twin at ONS 2018 in Stavanger, Norway, after a successful feasibility study with Equinor.