That’s why Oil and Gas production dropped
It was in the year of 2020 that the oil and gas industries suffered a major crisis in their production due to the covid-19 pandemic. Although the problem becomes more evident with the pandemic, it goes back much further. Why is the oil industry at the mercy of its production? The problem is a little more complex than one thinks when we analyze oil extraction around the world. Basically, there are 2 most common types of production, they are: Onshore and Offshore. Onshore operations are less risky and require a lower investment cost due to their easier [...]
The recovery in American Oil and Gas production
With the covid-19 pandemic at the beginning of 2020, the oil and gas industries suffered impacts on their production and are now looking for its recovery. The pandemic changed our routine, our lives, and forced us to quickly adapt to a new work model. The need for social isolation was also one of the measures taken to safeguard the health of people around the world. As the disease spread across the world, economic structures began to encounter new behaviors. For the American oil and gas sector, this change was responsible for one of the biggest drops in oil consumption in [...]
Digital Twin: Leading the Pulp and Paper Industry to Digital Transformation
The pulp and paper industries are some of the most important and traditional industries in the world. Despite the obstacles faced in recent years, this is an industry that has been showing good growth. With the arrival of the digital transformation, the pulp and paper industry had to face the drop in graphic paper consumption and redirect its energies to other segments. This change was able to curb consumption impacts and allow this industry to continue to generate growth. However, the pulp and paper industry still has some challenges ahead to maintain its production. Among these challenges, we can highlight [...]
The Value of Digital Transformation
It is not the strongest of the surviving species, nor the most intelligent. It is the most adaptable to change”. This is one of Charles Darwin's most famous phrases and one that has been redefined by Digital Transformation. Digital transformation has been one of the biggest trends in the world. Just as our society and countries undergo changes and transformations, so does the industrial sector. Technology has taken over our lives and routines, today the services that a few years ago were done manually, with paper and clipboards, are performed through a touchscreen. But what is the digital transformation [...]
Digital Transformation: A Sustainable Future for Mining
Since ancient times, human beings have already used mining to produce utensils, materials, and tools that would be capable of transforming their lives. Since then, the mining sector has been industrialized, and in recent years it has been digitized thanks to the rise of digital transformation. Although this industry has evolved in recent decades, there is still a lot to be done to solve today's challenges. . Journey to a net-zero strategy According to a report published by PWC, the mining industry was one of the few organizations where the results of the pandemic period remained stable. [...]
Use data to your advantage in industrial operations
With the arrival of new technologies on the factory floor and the constant implementation of Industry 4.0 concepts and digitization of processes and operations, industries began to automate tasks generating valuable knowledge through data to gain performance. However, these industries have gigantic plants, and consequently, a lot of data. We know that in the moment of technological evolution in which we live, data is essential, and the trend is that gradually even more data is generated. Read: Secrets of Industry 4.0 However, the increase in information extraction generates a counterpoint within industries, which must be taken into [...]
The ultimate IoT (Internet of Things) fundamentals
In recent years, new technologies have driven what we now call Digital Transformation. From these new discoveries, many changes started to be part of the industries operation, and consequently, of people's daily life. Among the several new technologies, one of them stands out and draws the attention of many people and companies due to its fundamental role and its many functionalities: IoT (Internet of Things). Next, we will talk a little about the many factors that have made this one of the main technologies in digital transformation, generating new ways of operation and optimization for industries. The beginning of [...]
The evolution in Asset Integrity Management
The industries over the last few years have faced the growing importance of using digital systems aimed at the integrity of assets in their operation. The essentiality of the digitalization of this discipline for the maintenance of a continuous, safe process, with better performance indexes, is already known by many managers, and the implementation of new technologies that optimize the integrity of these assets is already part of the digital transformation of large companies. Read: Asset integrity the secrets behind management As much as the subject is already known by the industry, there are still many difficulties in adapting to [...]
Digital Twin and Artificial Intelligence: that’s the secret for better performance
Inspection and maintenance tasks in industrial plants are extremely important for the proper functioning, guarantee of safety, and continuity of an operation. Thanks to Digital Transformation these activities can be enhanced through Digital Twin and Artificial Intelligence. The discipline responsible for managing these activities is known as asset integrity management. Among the main duties of this discipline are: Identification of failure mechanisms Identification of loss of performance in assets Management of inspection and maintenance teams We can understand the essentiality of this discipline for the proper functioning of an industrial plant. However, managing assets can be an extremely exhausting and [...]
How Digital Twin Technology can predict risk and cost 2021
Digital Twin technology can predict risk and cost in 2021, through asset integrity awareness. Keeping the integrity of industrial assets is an essential task for any industry especially Offshores, Refineries, Oil & Gas, Pulp and Paper, Mining among other complex industrial plants. However, some challenges can appear in the process of inspection and maintenance of these assets. Such as: Lack of a complete and updated inventory of the complex plant; Difficulty in outlining a maintenance budget; Time-consuming inspection tasks; How could asset awareness be achieved? Until the operational phase of the complex plant, many engineering data , technical drawings, [...]
