AI Applications in Safety and Risk Management for Oil and Gas Operations
Intro Hazardous environments are inherent to Oil and Gas operations, especially in offshore locations. Their dangerous conditions have constantly put workers and the environment at risk. Besides that, productivity is also threatened by the asset core activities, mainly affected by corrosion generating processes. This worrying scenario requires an optimized method of risk management. In this sense, AI plays a pivotal role in mitigating risk management concerns, enhancing maintenance control by constantly monitoring the asset’s health. Despite that, there still are several nuances that contemplate the complexity of risk management in each operation. For this reason, let's delve into the [...]
Unlocking AI’s accuracy and reliability
AI's growth scenario From its early days as a theoretical concept to today's omnipresent reality, AI's journey has been characterized by exponential growth. According to a 2022 IBM research, more than a third of companies (35%) report the use of AI in their business, a four-point increase from 2021. This illustrates a key change in the way we face reality, but different from other technological revolutions: today’s tool learns from its own experience at increasingly higher speed and scale. These tools are programmed to have a human-like thought process. Moreover, they are now a reality in the [...]
Why is AI so crucial for predictive maintenance?
Intro The application of AI to predictive maintenance has emerged as a transformative force in the oil and gas industry. Establishing an analysis of the asset health allows a proactive approach to corrosion and other anomalies. This way, the industry can mitigate wear and tear impacts while increasing efficiency, safety and sustainability. The use of AI-powered predictive maintenance can avoid costly unplanned downtime. However, the application of such an innovative solution comes with its uncertainties and challenges. In this blogpost, we will dive into the urgency and the bottlenecks of adopting AI to execute predictive maintenance. How does [...]
How is AI applied to corrosion detection?
Intro Corrosion detection in the oil and gas industry can be a very challenging and risky activity, time-consuming and also expensive. The global costs of corrosion are estimated to be US$2.5 trillion, which is equivalent to 3.4% of the global GDP (2013). On top of that, it requires the workforce to inspect every edge of an enormous environment full of flammable hydrocarbons. However, the use of artificial intelligence is revolutionizing this procedure. AI-powered corrosion detection uses drones and sensors to digitally map the asset. And by adopting cutting-edge technology, this new method is proving to be more efficient and [...]
How Machine Vision will change society forever
Intro: Computers that make decisions on their own, based on the environment they physically are, it’s the new frontier of artificial intelligence evolution, called Machine Vision, which allows computers to see and analyze their surroundings. It is an algorithm that provides spatial awareness to the computer, enabling the machine to develop a visual perception in the same way humans do. Machine vision has provided new forms of automation not previously imagined, such as real-time parts tracking, enhanced quality inspection, product defect detection and more efficient and accurate safety systems. This allowed the technology to gain notoriety and be disseminated among [...]
Computer Vision: Understanding its importance to the Industry
Intro Computer vision is one of the subfields of what we know as Artificial Intelligence. Thanks to advances in hardware and computing resources, this technique is widely used today. Computer vision is the ability of machines to "see" and make decisions about what they have seen. In this post, we will talk about the main concepts involving this technology that has been increasingly present in our daily lives. What is Machine Vision The field of study and development of computer vision aims to develop algorithms that are able to process visual data, similar to humans, and transform this [...]
The active role of AI in industries’ future
Artificial intelligence has transformed the world through its application for different purposes around the globe. The recurrent use and interest in this technique have led to several developments that rapidly transformed the industrial operating environment through advances in computational techniques. Since 2020 we can notice an accelerated movement of digitalization driven by digital transformation and concepts previously presented in industry 4.0. The technologies developed in these periods and their fast emergence have provided enough visibility for broad application in complex tasks among production processes and industrial operations. The trend is that, in the coming years, the application [...]
Data Contextualization – Make data do more!
Introduction Since Industry 4.0, companies have been implementing digital technologies to digitize their operations based on cyber-physical models. Ten years after the beginning of the transformation generated by Industry 4.0, these companies are often struggling with the difficulty of generating value through the use of the data generated in their operations. We can say that we are no longer in an age of data, but in an age in which it is necessary to understand, organize, and qualify this data in order to effectively generate value. In this article, we will address some of the main [...]
What is a Data Lake?
Since the digital transformation, many data have begun to be gathered in the midst of industrial processes and operations. Technologies such as machine learning, big data, and cloud computing are some of the tools developed in this period in order to handle this data so that it can become useful. Within this scenario, a new concept of storage starts to be discussed. In this text we will address what are the main characteristics, definitions, and benefits of a Data Lake, and what opportunities this concept creates for data scientists who want to extract maximum value from data. What [...]
How you are going to become a reference through Digital Twin
Industries are currently experiencing a strong moment of disruption and digitalization in their operations as a result of digital transformation. The technologies emerging after Industry 4.0 have not only revolutionized the industry, but also brought to the fore a question frequently asked among managers: Which technologies do I really need? And the answer to that question can be quite surprising! Industries & Digital Transformation Hundreds of technologies that promised to revolutionize industrial operations have become popular and have made their way into the sector generating an ever-growing amount of data. However, having digital technologies in the midst [...]
