DSDE: In the Industry

The Azeri Central East platform is the first of its kind to be designed through all phases, from concept to front-end engineering design and detailed design, to fully use KBR’s digital twin technology.

The expanded additive manufacturing services widen the companies’ targeted industries to include oil and gas, renewables, maritime, and aerospace.

The agreement signed by Schlumberger, AIQ, and Group 42 is designed to develop and commercialize artificial intelligence for global exploration and production.

The data have been collected and analyzed from more than 18,000 equipment units with failure and maintenance records and includes information on subsea fields with more than 2,000 years of operating experience.

The coronavirus crisis had a devastating effect on oil-company revenues, but it has posed a tough human-resources problem too: how to keep workers safe on cramped rigs at sea where social-distancing is impossible. Many operators have found an answer in technology—specifically, digital twins.

Shell has selected Bentley Systems, a provider of software and digital twin cloud services, to help streamline its capital projects and decrease time to first oil.

The memorandum of understanding with Microsoft follows a conditional investment decision made in May by Equinor, Shell, and Total. Pending Norwegian government approval, the final investment decision for the project is expected in late 2020 with startup expected in 2024.

One year after the Johan Sverdrup field came on stream, Equinor says digital technology has proven to be key to safety and value in all parts of the operation, increasing earnings by more than $200 million.

The companies say they will expand their existing technology collaboration to create and deliver solutions to help customers, suppliers, and other businesses lower emissions.

The tech giant and supermajor have been working on cloud solutions already, but in a new agreement, they will combine their talents to create new technologies for oil and gas as well as energy consumers.