Eric Carlos, Siemens Oil & Gas, Americas
Optimizing the lifecycle performance of floating, production, storage, and offloading (FPSO) vessels is highly contingent on the incorporation of topsides packages that can efficiently and reliably deliver the power to exploit resources in a range of water depths and operating conditions. At the same time, offshore operators must be cognizant of the need to reduce emissions and minimise the weight and footprint of topsides modules, the latter of which can substantially impact facility development costs.
IN recent years, advances in the design and engineering of critical equipment, such as gas turbines, electric motors, and compressors have helped the industry meet these demands. When coupled with digital solutions that are designed to leverage the power of data amassed from compression and other critical topsides assets, operators have been able to unlock hidden value and optimize production in a way that has previously not been possible. In addition to reducing capital expenditures, digital solutions enable remote operation with integrated automation and safety systems and can lower operating costs with reduced staffing, predictive analytics and integrated asset level optimization.
Exploring the digital transformation of Oil & Gas
As we strive to make oil and gas production cleaner, safer, smarter, and more secure, the only way forward is to adapt the disruptive technologies reshaping our industry. More automation and intelligence are already creating significant efficiency gains and improved safety in all steps of the value chain in the industry.
Digital technology offers an increasing degree of intelligence to all kinds of energy suppliers and consumers. By collecting data and knowing how to analyze it, we can translate huge quantities of information into better operational decisions, and we can do it faster. Digitalization is creating new opportunities to couple the many different elements of the energy landscape, even across sectors, and optimally exploit the advantages of each.
When: Thursday, 23 May, 2019
Where: The Crystal, London
Time: 12:00 – 18:00, followed by a cocktail reception
Join us to discuss the cultural change affecting the O&G industry and the new business models needed to transition into the energy policies for 2050. Find out more here.
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for 170 years. The company is active around the globe, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. With its publicly listed subsidiary Siemens Healthineers AG, the company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2017, which ended on September 30, 2017, Siemens generated revenue of €83.0 billion and net income of €6.2 billion. At the end of September 2017, the company had around 377,000 employees worldwide. Further information is available on the Internet at www.siemens.com.