The Great Data Transformation: How the oil and gas industry is capitalising on digitalisation
14 March 2018

As the oil and gas industry becomes increasingly digitised, torrents of data are being unleashed that can all too easily overwhelm companies. Read the first part of this article to find out how some of the Industry leaders are leveraging the power of data:

  • TransCanada saves $10.65m by the end of Q3 in 2017 alone
  • Petronas gains immediate insights into any emerging problems
  • ADNOC Onshore can constantly monitor all key components

Find out all this and much more, download your copy now

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An Integrated Approach to Optimizing Midstream Assets for Maximum Utilization and Investment Returns
14 February 2018

Despite the pressing demand for new pipeline capacity, operators face a number of challenges in operating their own assets today. These include issues associated with aging infrastructure, intense competition, reductions in CAPEX and OPEX, effective data management, cybersecurity concerns, tightening legislation, regulatory compliance, and the imminent retirement of experienced personnel. By providing fully integrated, pretested, ready-to-install pumping/compressor solutions, Siemens Pipelines 4.0 solution tames complexity to reduce the time, costs, and risks of bringing much-needed, next-generation pipeline capacity online across North America.

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Digital Oil Recovery - Expanding reserve and production optionality with digital technologies
26 January 2018

Until today, long-cycle, capital intensive projects or short-cycle, cash-flow strained unconventionals have been the traditional options available to drive production growth. Digital Oil Recovery™ powered by FOROIL provides a compelling alternative by using mathematical models, machine learning, and reservoir physics to simulate the behaviour of brownfield reservoirs, optimizing their development and creating the potential for production gains of 20% or more with limited capital investment. Digital Oil Recovery™ transforms traditional brownfields into assets that offer rapid production gains, capital flexibility and low decline rates.

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Solution for Fast Evaluations of Large Portfolios of Oil and Gas Fields
20 December 2017

How do you decide if an oil and gas portfolio is a good investment? Do you spend months aggregating and analysing raw production data? Can you provide a confidence interval for valuation? QRI’s SpeedWise Portfolio® Analysis (SPA™) is a new systematic process for the evaluation of oil and gas assets, which can help drive valuable decisions necessary for making investments, or prioritise future investments by understanding the health of your own portfolio. SPA determines the economic value of the entire portfolio almost instantaneously, and delivers a fully interactive user interface with key performance indicators, allowing the user to review the history, current condition and expected future performance of the portfolio.

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Power and Renewable Energy Market Review 2018 - The climate of change
19 December 2017

Expert insight and guidance on key risk management issues. The energy industry is facing a series of challenges. Finding a clear path to managing these challenges is going to be no easy task. The Willis Towers Watson Power and Renewable Energy Market Review for 2018 details these challenges and examines key risk management issues which power and renewable energy companies will need to consider.

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Making the Digital Leap with Topsides 4.0
15 November 2017

“Lower for longer” oil prices are forcing the oil and gas industry to step back and re-evaluate the way that they do business. In the midst of this, one thing is becoming clear: digitalisation is not a passing trend. It will forever change how companies work internally and how they engage with suppliers and customers. Adopting digitalisation is not about purchasing a one-off solution – it is about clients embarking on a journey with strategic partners to make their businesses more competitive. With Topsides 4.0, Siemens aims to help the oil and gas industry achieve that by responding to the challenges of the Fourth Industrial Revolution.

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Digitalisation Offshore: Is it the secret to sustaining lower operating costs?
10 November 2017

In an effort to optimise the economic recovery of hydrocarbons in a low oil price environment, oil & gas operators are increasingly evaluating the role of technology in sustainable long-term cost reduction initiatives. AVEVA, in partnership with Westwood Global Energy Group, has interviewed oil and gas industry stakeholders to understand whether digitalisation holds the key to sustaining lower operating costs offshore. Discover what the decision makers we surveyed think of digitalisation. What are the benefits, perceptions, hurdles and next steps to getting digitalisation right? PLUS, gain new insights from Westwood on the current outlook for the offshore industry.

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Hydrocarbon Markets: Why Break Even When You Can Break Away?
8 November 2017

Oil and gas companies’ traditional focus on long-cycle asset classes is no longer viable. What’s needed is a dynamic, analytics-driven approach to asset portfolio management that adapts to the accelerated pace of today’s industry volatility. Manas Satapathy, Prashant Mehrotra, Jean-Marie Rousset and Muqsit Ashraf of Accenture Strategy, Energy describe a new hydrocarbon asset evaluation model that analyses the risk/return attributes of every significant asset class and geography, and enables oil and gas leaders to make wiser portfolio decisions in the months and years ahead.

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