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 [...]
Making the most of POB on offshore assets
Intro The management of People on Board (POB) it’s a crucial and inherent challenge to the oil and gas industry. As a risky environment, it claims for meticulous assignment of activities for professionals onboard. It involves the proper mapping of demands that require work. Beyond natural risks involving people working in an offshore facility, unplanned events happen, which claims for workers to solve the occurrence. This event harms the planning of the POB previously done and increases the downtime of the asset, which leads to significant financial losses and possible legal outcomes. Therefore, it’s urgent that the industry rethinks how [...]
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 [...]
Difference Between Upstream, Midstream and Downstream
Intro: The efficient asset operation in the oil and gas industry has a huge impact on the global economy and the full functioning of society. The activities involved in this industry require meticulous planning and process mapping to improve business outcomes. And, although it moves massive capital flows and employs millions of people, catastrophic risks are imminent in this sector. It is in this field that the concepts of Upstream, Midstream and Downstream come to light, which refer to the supply chain organization and its specifications, targeting at an optimal monitoring of the processes involved in each stage. These sectors [...]
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. [...]
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 [...]
The economic impact of corrosion in Oil and Gas
Intro The oil and gas industry plays a pivotal role in powering our world. From exploration to production, these facilities are vital for meeting global energy demands. However, they face a persistent threat: corrosion. Corrosion occurs when metal structures are exposed to environmental factors such as moisture, chemicals, and gases, resulting in their gradual deterioration. The challenges of Corrosion in O&G In the oil and gas sector, where infrastructure is subjected to harsh conditions, corrosion poses a serious challenge. Pipelines, storage tanks, and offshore platforms are all vulnerable to this corrosive attack. Left unchecked, corrosion can lead to catastrophic [...]
Top 3 Oil and Gas Inspection and Maintenance Trends for 2024
The search for digital solutions to the challenges faced in the oil and gas industries intensifies every year. According to BDO Global, it is predicted that the digital oilfield market, consisting of the internet of things, analytics, and cloud computing, will surpass US$20 billion by 2023. In this dynamic scenario, it becomes increasingly evident that the Oil and Gas sector is embarking on an ambitious journey towards the integration of digital technology as indispensable tools to tackle their most pressing challenges. Among the myriad of trends shaping the landscape, certain key areas emerge as paramount [...]
