Page 45 - Impiantistica Industriale

The opportunity for driving
efficiency improvements across
“the Oil & Gas industry is quite
apparent. According to
McKinsey & Company, when
technologies like intelligent
engineering data management,
cloud, advanced analytics, and
digital twin are pursued as part performance and production gap develops.
of an organizational digital
strategy, they can play a role in New digital tools can address such situations.
Advanced analytics, for example, can identify pat-
improving operating margins by terns among multiple variables across different
as much as 20%. operating sites. Those patterns are then used to
adjust the critical parameters and to alert operators
to future failures. Advanced analytics is enhanced
The opportunity for driving efficiency improve- with machine learning in order to distinguish discre-
ments across the Oil & Gas industry is quite ap- pancies in equipment behaviors which lead to a fai-
parent. According to McKinsey & Company, when lure from discrepancies without operational conse-
technologies like intelligent engineering data quence. This artificial intelligence algorithm enables
management, cloud, advanced analytics, and a proper predictive maintenance action. Deploying
digital twin are pursued as part of an organiza- such technology at the “edge” for closed loop or
tional digital strategy, they can play a role in im- autonomous operation generates tremendous be-
proving operating margins by as much as 20%. nefits in operational cost savings and helps reduce
the breakeven cost.
These gains can also be made without reducing
safety. Since 2014, the frequency of safety inci- Advanced analytics represent just one method of
dents has declined by 30% while production losses how digitization boosts operational productivity
have dropped by 15%. (and thereby reduces break-even targets). Innova-
tions such as digital twins and integrated process
However, there is still much room for further impro- and power automation management (IPPM) also
vement. Consider alone offshore platforms. They have a major impact on project break-even points
currently run on average at 78% of their maximum by providing savings in capital expenditure and
potential of production. This represents a gap of operational costs.
$200 billion USD per year for the industry.
For Oil & Gas companies,
deployment of digitization
How digitized “technologies such as advanced
technologies help analytics, integrated process

The new mix of technology enablement and mar- and power management (IPPM),
ketplace uncertainty can help early adopters to gain and digital twin will modernize
competitive advantage. Modern digital tools that operations, drive efficiencies
support data-driven processes across entire Oil
& Gas process lifecycles are helping to transform and improve break-even cost
operations and reduce efficiency gaps. Consider a of production in several ways.
typical offshore operation where oil company ope-
rators are constantly overwhelmed by the amount These newer technologies lower
of data that they need to process with traditional overall capital expenditures
systems. Their inability to process and evaluate this while increasing process
massive amount of information manifests itself as a
principal source of revenue loss. efficiency and reducing
maintenance costs
Tens of thousands of sensing devices are collec-
ting data from wells, subsea and topside proces-
ses, and equipment. The operators continuously In the case of IPPM, a converged power and pro-
adjust around 200 variables with multiple settings. cess system offers operators a three-dimensional
Of those 200 variables, the average operator team, approach that integrates process data, safety data
supported by a control system, only works on 10 and electrical data into a single platform. Integrating
to 20 of these variables. As a result, a significant electrical control system and the process control Tavola Rotonda

Impiantistica Italiana - Maggio-Giugno 2020 43 43