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 [...]
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. It’s true that with the rise of new technology, predictive maintenance has been greatly enhanced through the combination of advanced analytics and machine learning algorithms. However, understanding the right moment of intervention has still been a gap in this maintenance strategy. Defining Predictive Maintenance It consists [...]
How the petrochemical industry can benefit from advanced analytics
The petrochemical industry is essential for the manufacturing of materials that are utilized in a range of products of daily use, such as textiles, plastics, and pharmaceuticals. Thus, this industry's efficiency has a direct impact on our daily lives. In an industry that is driven by technology and innovation, it's no surprise that advanced analytics is becoming an increasingly important tool for companies in this environment. This blog post aims to explain how the petrochemical industries can benefit from advanced analytics, including real operational applications. Predictive maintenance Advanced analytics offers significant [...]
Paper vs Digital Inspections
Intro Oil and Gas operations pose unique challenges to their operations when the matter is inspection and maintenance. Since this kind of activity involves a variety of risks and complexities, it is not uncommon to find field workers filling out paper reports, and walking around the facility looking for potential problems. This is a traditional-manual method, on which oil and gas companies relied throughout the years when performing risk assessments with the goal of preventing potential hazards that could compromise the continuity of the operation. Meanwhile, digital transformation has been disrupting the way things are done with increasingly advanced [...]
Why system integration is a must
Intro As industries continue to get more digitalized, it's becoming increasingly important for businesses to have this digital environment as seamless and integrated as possible. With so many different platforms working together, system integration is essential for connecting every part of a company's digital infrastructure. In this post, we'll take a look at why this integration is a must, the advantages it provides, and how it can improve the overall efficiency and productivity of a business. The rise of digital tools and the need for integration The process of digitalization is transforming industries across the board. From manufacturing [...]
Maximizing Efficiency and Safety in Mining Operations with Asset Performance Management
Intro The mining industry is continuously facing the challenges of equipment downtime, high maintenance costs, and safety risks. These problems can negatively impact a mining operation's productivity and profitability. However, asset performance management has been proven to be of great assistance to address these hurdles. The challenges of Mining Industries Mining operations face a number of obstacles related to the management and performance of their equipment and infrastructure. One of the most significant challenges is equipment downtime, which can occur due to a variety of reasons such as equipment failure, lack of maintenance, or unplanned events. Downtime [...]
