Onshore/Offshore Facilities

This study examines the implementation of a predictive maintenance method using artificial intelligence and machine learning for offshore rotating production-critical equipment. Conducted over 2 years at Murphy Oil’s deepwater platforms in the Gulf of Mexico, the project aimed to detect equipment issues early, reduce downtime, and streamline maintenance processes.
Rystad Energy and Wood Mackenzie highlight key factors shaping the balancing act in the upstream oil market.
Aramco expects to complete Phase 1 construction of the 9-mtpa facility in 2027.

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