digital twins

The company has proposed the Probabilistic Digital Twin to close the gap between digital twins—used increasingly by operators to manage the performance of their assets—and risk analysis still largely conducted manually before assets enter service.

Photogrammetry—stitching together images to create photorealistic 3D models—can be part of a larger industrial digitalization strategy that aims to liberate data from its silos, connect it to other relevant information, and make it available to the workers who need it.

An increasingly buzzy term tossed around at industry events, “digital twin” is leveraging data analytics, machine learning, and artificial intelligence to improve efficiencies from design to decommissioning.

The latest example of the offshore sector's march toward automated wellbore construction will take shape later this year in the North Sea.

Remote condition monitoring of offshore platform equipment tracks performance data, watching for deviations from baseline benchmarks. Unexpected variances can be investigated and serviced by technicians dispatched to target the root causes—an approach called condition-based maintenance.

What do 60,000 sensors on 1,200 pieces of equipment add up to? Hopefully, hundreds of millions of dollars in savings.

An increasingly buzzy term tossed around at industry events, “digital twin” is leveraging data analytics, machine learning, and artificial intelligence to improve efficiencies from design to decommissioning.