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 [...]
Investment in Digital Fabric Maintenance Solution Saves USD$965,000 for FPSO in One Year
The implementation of Digital Fabric Maintenance solution has enabled greater digitalization and a reduction of more than 70% in the total time spent on inspection and development of maintenance plans in an active FPSO Innovation in the Oil & Gas industry has become increasingly attractive. Despite this, McKinsey research indicates that offshore platforms currently operate on average at only 77% of their maximum potential, which generates even more interest in Oil & Gas companies worldwide in adopting new tools for their operation. In this scenario, in order to speed up the corrosion assessment process and the creation of [...]
The Challenges of Offshore Vessel Inspections
Intro Inspection surveys are essential for ensuring the safety and reliability of offshore oil and gas vessels. These complex systems require regular surveys to ensure adequate operating conditions and performance, complying with legal regulations, and without risks that could pose a threat to the workforce or the physical structure itself. However, performing this activity in offshore environments can be a challenging and hazardous duty. Main challenges of Inspection of Oil & Gas vessels Historically, maintenance issues in offshore oil and gas installations have been identified in a visual manner by skilled technicians. However, this common approach presents bottlenecks [...]
3 Ways to Improve Oil & Gas Industries’ Operations Through Digital Transformation
Although each industry has its own specificities, it is common to find some standard problems in Oil and Gas companies, mainly due to poor data management and contextualization. As main focuses, we can mention the difficulty in assertively inspecting the structural integrity of the industry, lack of complete understanding of the efficiency of equipment, and poor operational and worker safety. Therefore, knowing the recurrence of these problems, the following list shows how, through the digital transformation process, it is possible to minimize the consequences generated by poor data management, more specifically by applying Digital Twin technology to the operation [...]
What is Process Safety Management
Intro The oil and gas industry is characterized by the exploration of oil and natural gas in extremely hostile environments generating constant risks to the staff, the environment, and also to the integrity of the plant. Offshore operations are marked by their high complexity, with many processes occurring simultaneously in tens of thousands of heavy assets. In this scenario, operational safety management has the objective of developing internal procedures in order to avoid accidents and provide assertive measures to decision-makers. What is Process Safety? As mentioned before, Process safety management is about developing efficient and effective safety management [...]
Key Takeaways from Rio Oil and Gas
Rio Oil and Gas, one of the largest conferences in the sector, took place last week, discover its key takeaways in this blog post! With record audiences, more than 40k people attended the conference that took place between September 26-29. The exhibition had more than 350 companies with booths spread all over the Píer Mauá. Including services providers, and production and extraction leading companies, filled with opportunities to connect. Allowing companies to share knowledge and expand networks, Rio Oil and Gas was the right place for business and innovative ideas, and Vidya was glad to be part of this! Now, [...]
The Digital Twin revolution in the oil and gas industry
In April 2010, a large-scale accident occurred in the Gulf of Mexico. After failures in the structural and safety components of the Deepwater Horizon Drilling Rig, the offshore platform exploded, causing a major oil spill. Being considered one of the biggest environmental disasters ever caused, it highlighted the importance of implementing asset integrity management programs on oil and gas platforms, seeking to ensure greater safety in operations. As digital transformation has advanced, several technologies have emerged as tools that can dramatically reduce the risks of such accidents. In particular, the Digital Twin technology. In this article, the main challenges [...]
How is maintenance performed in process plants
Maintenance is a fundamental process for any industrial operation. It is very true that maintenance is not a type of investment that will result in more profits, however, investing in maintenance could be the same as not losing money. In this blog, we will explain key concepts for understanding the real value of maintenance programs and routines in a heavy-asset industrial process. Why is it necessary? As mentioned before, effective maintenance programs could be the key to not losing unnecessary money. Investing in maintenance is to ensure that processes, assets, and equipment [...]
Vidya will be attending IOGTC!
International Oil & Gas Technology Conference will be held during 14-15 December 2021, and Vidya has a confirmed presence there! Unlike the last conferences, Vidya will be attending IOGTC with one of our partners, Tridiagonal Solutions. Tridiagonal Solutions leverages Industry/Chemical 4.0 tech stack for the successful deployment of Manufacturing Excellence Solutions by focusing on Processes, Assets, and People. The blend of chemical engineering and data science has enabled them to implement advanced solutions. They bring a combination of tools, techniques, and expertise to support manufacturing excellence and digital transformation programs (such as APM, APC, Digital Twin, Remote monitoring, etc.) of [...]
Why should you attend Future Oil and Gas 2021?
The Future Oil and Gas event will take place between November 16-17, 2021. This virtual conference will explore how digitalization, disruption, and innovation are shaping the upstream oil and gas industry, and what are the key challenges and opportunities facing the industry. Learn more about why you should attend below: 2021 was an inflection point for Digital Transformation. In that way, Future Oil and Gas will address key contents for those who work in the industry, such as: Ways of working with digital transformation - how the Upstream Sector will be transformed and how management structures will change [...]
