Dig­i­tal­i­sa­tion and big data could help to weather fu­ture storms

The Press and Journal (Aberdeen) - - ENERGY -

Digi­ti­sa­tion – def. The process of chang­ing from ana­log to dig­i­tal form.

Dig­i­tal­i­sa­tion – def. The use of dig­i­tal tech­nolo­gies to change a busi­ness model and pro­vide new rev­enue and value pro­duc­ing op­por­tu­ni­ties.

With the ef­fect of this year’s hur­ri­cane sea­son still be­ing felt through­out the US, its im­pact on crit­i­cal oil and gas in­fra­struc­ture was im­me­di­ate; cat­a­strophic in some cir­cum­stances, and it will un­doubt­edly be costly to re­pair. While we can’t pre­dict when and where hur­ri­canes will strike long term, nor can we fore­cast wind and wave fe­roc­ity, we could how­ever com­bine lots of in­for­ma­tion from a wide va­ri­ety of sources and then in­cor­po­rate it into a dig­i­tal­i­sa­tion pro­gramme to bet­ter plan for th­ese ex­treme yet pe­ri­odic weather events and of­fer our en­ergy as­set in­fra­struc­ture greater pro­tec­tion.

As the op­er­a­tional per­for­mance and re­li­a­bil­ity of pro­duc­tion as­sets can re­duce over time as as­sets age, of­ten sig­nif­i­cantly be­yond their orig­i­nal de­sign life, the phys­i­cal im­pact on in­fra­struc­ture caused not only by daily weath­er­ing but most no­tably by height­ened nat­u­ral dis­as­ters, can have a ma­te­rial im­pact on the vi­a­bil­ity of the in­fra­struc­ture. How­ever, by digi­tis­ing col­lated his­toric records, then com­bin­ing the of­ten-dis­parate dig­i­tal datasets with weather records, Calash are be able to run more ac­cu­rate sim­u­la­tion mod­el­ling, hav­ing an ef­fect on, at the very least, in­spec­tion, re­pair and main­te­nance work­load, in­sur­ance pre­mi­ums, life of field man­age­ment, and HSE man­age­ment.

For ex­am­ple, the dig­i­tal­i­sa­tion of shal­low wa­ter sub­sea pipe­lines in the Gulf of Mex­ico where we com­bine in­for­ma­tion on pipe­lines and their op­er­a­tional char­ac­ter­is­tics with other data pro­vided by our clients own in house data sets, pub­lic data such as nearby ves­sel ac­tiv­ity by type (for ex­am­ple, fish­ing ves­sels drag­ging an­chors), soil con­di­tions, seabed to­pog­ra­phy and wave ac­tion on the seabed, would be­gin to iden­tify pipe­lines that may be sus­cep­ti­ble to in­tegrity dam­age. The same ap­proach could be adopted for all other as­sets us­ing ap­pro­pri­ate mea­sure­ments. Rarely is this in­ter­pre­ta­tion of com­bined data car­ried out un­for­tu­nately, re­sult­ing in higher costs associated with ma­jor re­pairs or re­place­ment.

In our of­ten com­plex oil and gas sup­ply chain, op­er­a­tors and ser­vice com­pa­nies alike col­lect key pieces of the data puz­zle in­di­vid­u­ally, and for fear of com­pe­ti­tion or un­less of di­rect ben­e­fit to them or re­mu­ner­ated some­how, are re­luc­tant to share this in­for­ma­tion. In our ex­pe­ri­ence they of­ten don’t recog­nise the value of the in­for­ma­tion they have within their or­gan­i­sa­tion and how it could help oth­ers and also, help them­selves.

Hav­ing re­viewed a large num­ber of com­pa­nies, Calash is of­ten re­quested to pro­vide help to max­imise our client’s Maersk Oil has con­firmed that its chief ex­ec­u­tive will leave the busi­ness once its ac­qui­si­tion by To­tal goes through.

The com­pany said Gretchen Watkins would stay on un­til the deal com­pletes in the first quar­ter of 2018, be­fore go­ing on to “pur­sue other ca­reer op­por­tu­ni­ties”.

Ms Watkins joined Maersk Oil as chief op­er­at­ing of­fi­cer in Jan­uary com­mer­cial op­por­tu­ni­ties. In or­der to achieve this, one of the best en­ablers is sourc­ing in­for­ma­tion of­ten reg­u­larly found within the com­pa­nies them­selves. Dig­i­tal­is­ing the in­for­ma­tion al­lows it to in­ter­act with other dis­parate in­for­ma­tion sources, and the col­la­tion and shar­ing of this new unique data within the or­gan­i­sa­tion of­ten leads to sig­nif­i­cant com­mer­cial gain.

Equally, if com­pa­nies hold­ing his­toric and cur­rent data on an as­set were to digi­tise it – al­low­ing it to be col­lated and in­ter­preted against oth­ers – then the value of each piece of data will un­doubt­edly rise. By hav­ing an open book ap­proach to data, even if not all par­ties see an im­me­di­ate ben­e­fit, then the in­dus­try at large most cer­tainly would. For ex­am­ple, read­ily ac­ces­si­ble, dig­i­talised data could im­prove bench­mark­ing, data in­ter­pre­ta­tion ef­fec­tive­ness, com­po­nent stan­dard­i­s­a­tion, pro­cure­ment 2014 and has been chief ex­ec­u­tive since Oc­to­ber 2016.

She said: “This has been a dif­fi­cult de­ci­sion for me. I couldn’t be prouder of the way Maersk Oil has suc­cess­fully nav­i­gated what I be­lieve will come to be judged as his­tor­i­cally chal­leng­ing con­di­tions for the in­dus­try, emerg­ing as a high per­form­ing busi­ness.

“I re­main firmly com­mit­ted to ef­fi­ciency, in­ven­tory stock lev­els, staff short­ages, train­ing stan­dards, bar­ri­ers to en­try and so on.

Man­age­ment and in­ter­pre­ta­tion of big data is al­ready here and de­liv­er­ing value across our in­dus­try, but there is a lot more we can do through­out the sup­ply chain, so next time you come across some in­ter­est­ing in­for­ma­tion, con­sider if there is value in digi­tis­ing it, mak­ing it ac­ces­si­ble first through­out your own or­gan­i­sa­tion, and then with your sup­ply chain. If you’re not sure if there is any value in what you have or what to do with it, ask us. It will more likely than not lead to pos­i­tive change and will ul­ti­mately help not only your own or­gan­i­sa­tion, but our in­dus­try over­all. lead­ing the safe and suc­cess­ful de­liv­ery of our busi­ness per­for­mance un­til deal clo­sure, along­side over­see­ing a smooth pre-in­te­gra­tion process, as we take the busi­ness into new own­er­ship.”

Maersk Oil’s cur­rent chief op­er­at­ing of­fi­cer Martin Rune Ped­er­sen will be­come vice-pres­i­dent of To­tal’s op­er­a­tions in Nor­way, Den­mark and the Nether­lands.

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