DSDE: In the Industry

Technology company Proserv Controls has formed an alliance with software engineering firm Intelligent Plant in an effort to combine their expertise to improve control systems and data analysis.

The agreement will see Akselos become one of the global energy company’s verified suppliers for structural integrity assessments, forming part of Shell’s newly formed Digital Twin Platform.

Emerson has launched cloud-native software designed to find opportunities for field development through data mining and automation. The software, called SpeedWise Reservoir Opportunity, was developed in collaboration with Quantum Reservoir Impact.

Financial analytics company S&P Global and information provider IHS Markit announced they have agreed to merge in an all-stock deal that values IHS Markit at $44 billion.

The AI partnership combines Wood’s optimization platforms with Cognite’s Data Fusion product to develop solutions for the energy transition and free up data from fragmented and legacy systems.

The Abu Dhabi National Oil Company announced that it has completed the first phase of its large-scale multiyear predictive maintenance project, which aims to maximize asset efficiency and integrity across its upstream and downstream operations.

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.