Organizations Join Forces to Address Digital Transformation Challenges for Oil and Gas

To address the digital transformation challenges oil and gas companies have historically faced, Doris Group, Schneider Electric, and Aveva have partnered to create digital twin technology to help face these challenges.

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Doris Group, Schneider Electric, and Aveva have partnered to deliver digital twin technology to the upstream oil and gas markets with new offerings to improve asset performance, increase sustainability, and maximize return on capital projects.

The three companies will combine offerings to bring engineering capabilities, an asset lifecycle software offering, and digital specialization in order to create a digital twin which the companies say will serve as a backbone for improving performance for the upstream sector. The new offerings are said to:

·     Bring new assets on stream faster using cloud-enabled software to improve collaboration and increases engineering efficiencies;

·      Deliver enhanced safety leading to better business outcomes;

·      Improve traceability through a single point of accountability; and

·      Enable remote operations and production assurance through a digital twin that mirrors all aspects of the operating asset.

 

According to the companies, the structured, digital, and collaborative products across the lifecycle of projects will help oil & gas organizations address challenges like sifting through the large amounts of data—of various types—from different sources, which often leads to data inaccuracy and incompatibility, as well as difficulties organizing that data and identifying trends; and help organization quantify, track, and, ultimately, reduce CO2 emissions as well as reduce overall pollution, which can be even more difficult with limited monitoring capabilities and no data-driven decision making.

“Our common aim is to support organizations on their digital journey especially in the current environment, helping them accelerate the use of digital technology, realize the value of a digital twin, and also work towards a more sustainable future,” said Craig Hyman, CEO at Aveva. “It’s never been easier to begin a digital transformation program, as access to cloud computing, great connectivity, a merged edge and enterprise combined with analytics and machine learning, means that the ability to digitally drive productivity improvements into the industrial world is now unprecedented.”

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