Vidya showcases AI Innovations for Offshore Energy at OTC 2024
Vidya Technology is attending the Offshore Technology Conference 2024 in Houston, TX. You can find Vidya at the halls of this year’s OTC in Brazil Pavillion at booth 624. The conference will take place between May 6-9 at the NGR Park in Houston, Texas. Beyond that, the event will reunite global industry leaders to share ideas and innovations and discuss the offshore energy sector's most pressing challenges. OTC 2024 will connect 31,000+ offshore energy professionals from more than 100 countries to collaborate and discuss the latest developments needed to accelerate the global energy mix. Whether it's oil and gas, solar, [...]
Why Reality Capture is a must to report anomalies in industrial inspections
Industrial inspections consist of reporting anomalies to later perform maintenance plans. For this purpose, companies display several methods to inspect assets that can be divided into two major categories: the traditional methods and the digitized ones. In this context, these two groups present clear disparities in the benefits they generate to operators. While traditional methods still expose professionals to risky and time-consuming activities, new digitized ways of capturing reality have intuitively fostered safety and uptime for industrial inspections. Indeed, the new optimized methods of visually inspecting assets have accurately illustrated industrial realities to streamline maintenance actions. Thus, reporting anomalies with [...]
AI-driven Hull Inspections: Streamlining Safety and Efficiency
Vessels are crucial parts of different industrial operations. Considering this, the ship's main body: the hull, must be regularly inspected to ensure high asset integrity, safety, and efficiency standards. Hull damages such as cracks can lead to oil leaks, which can implicate direct emergency costs that surpass USD 50,000,000, which is 100x more expensive than the investment to repair the defects on time (before the accident) not including compensations, fines, and asset depreciation. In this regard, hull inspections are a maintenance procedure that helps energy companies and bulk cargo transporters maintain high safety, compliance, and efficiency standards. However, inspecting offshore [...]
What is the difference between AIM and APM?
Asset Integrity Management (AIM) and Asset Performance Management (APM) are concepts that often get confused. Indeed, both focus on enhancing maintenance plans while reducing costs. However, it is necessary to understand which problems they specifically address to visualize the scope of their benefits. In this context, let’s learn about the main differences between these two vital concepts for heavy asset industries. The role of AIM As the name suggests, Asset Integrity Management focuses on the physical integrity of the asset, its purpose is to improve operational safety and maintenance planning. This strategy provides necessary outputs to industries about [...]
Why predictive maintenance isn’t always an answer
Intro Predictive maintenance has proven to be an effective methodology for enhancing the lifespan of valuable assets in the industrial sector, as it allows companies to predict when equipment is likely to fail or stop. This way, proactive measures can be taken to prevent downtime and reduce maintenance costs. Besides that, a November 2021 report from IoT Analytics estimated that the $6.9 billion predictive maintenance market would reach $28.2 billion by 2026. This showcases the immense potential this technology has, allowing companies to optimize their outcomes while reducing downtime. However, if this technology isn’t adequately implemented, [...]
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 [...]
Challenges of Corrosion Under Insulation
Intro Corrosion under insulation (CUI) is a pervasive problem in industrial process units that can lead to serious consequences if left unaddressed. It occurs when moisture becomes trapped between the insulation material and the metal surface, leading to accelerated corrosion. In this blog post, we will explore what CUI is, the risks it poses to process units, and the costs associated with it. What is Corrosion Under Insulation? Corrosion under insulation refers to the corrosion that occurs beneath insulation materials used to protect industrial equipment and pipelines. When moisture is present within the insulation, it creates a corrosive environment that [...]
Exploring Remote Inspection Techniques in the Oil and Gas Industry
Intro The oil and gas industry plays a critical role in powering our modern world. However, ensuring the integrity and safety of assets in this industry can be a very complex and dangerous task. Traditional inspection methods often involve significant manpower and time, along with potential safety risks due to the nature of offshore production processes. In recent years, remote inspection techniques have emerged as a game-changer, revolutionizing the way inspections are conducted in these kind of facilities. In this blogpost, we will delve into the possibilities offered by remote oil and gas inspection, such as drones and 360 cameras. [...]
La importancia de la gestión de integridad de activos para la industria
La gestión de integridad de activos, Asset Integrity Management (AIM) en inglés, representa la capacidad de un activo industrial en desempeñar su función con precisión y eficacia, con tiempo de vida óptimo y seguridad adecuada. La gestión de activos es necesaria desde la fase de diseño hasta el final de su vida útil. Hay que tener en cuenta todas las etapas del proceso para que haya una gestión eficaz para predecir posibles riesgos para el medio ambiente, las personas involucradas y la instalación industrial que forman parte. En este post, exploraremos los principales desafíos de la gestión de la [...]
The importance of Preventing Hull damage to ships and FPSOs
Hull damage to ships and FPSOs can have significant environmental consequences. From oil spills to entire habitat destruction, the impact of hull damage on the marine ecosystem is far-reaching. Understanding the importance of prevention and timely repairs is a crucial aspect of minimizing these environmental effects. Discover how taking proactive maintenance measures is key to preventing and addressing hull damage. Implementing Robust Maintenance and Inspection Protocols Regular inspections and maintenance are crucial for identifying and addressing potential hull damage early on. Ship and FPSO operators should establish comprehensive protocols that encompass thorough inspections of the hull structure, coating systems, and [...]
