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 [...]
The challenges for the future of Oil and Gas sector
Undoubtedly, the impacts generated by the covid-19 pandemic on American oil and gas production will be witnessed for a few more years. Despite the sector's recent slight recovery, the problem appears to be far from over. To understand a little more about what made this drop in production so impactful, you can access this content where we detail more about it. Click and read! There are many variables behind the drop in US oil consumption and production. Basically, there is a cost behind all production, which can be more or less expensive depending on how the [...]
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 [...]
4 Systems in one? See how Ocyan did it using Digital Twin
The history of Vidya and Ocyan Waves began in 2020, and it has been a great journey! Last year we were selected for the Digital Twin: BOP (Subsea Blowout Preventer) Challenge, and today the proof of concept (POC) developed at the challenge evolved into the following amazing project with them! The BOP (Subsea Blowout Preventer) is an extremely important piece of equipment to guarantee the safety of the drilling operation of an oil well. It is composed of a set of valves responsible for closing the well in an emergency, preventing oil leakage. All of the crucial data for operations [...]
The need for decarbonization in the industrial sector
The need to reduce carbon emissions has been generating a major long-term transformation within industries. There are a lot of discussions about how digital transformation has been the escape valve for these many companies that adopt new strategies, and generate value through the use of technology aimed at decarbonization. Certainly, the digital transformation makes it possible for these industries to operate in a cleaner and more sustainable way, in line with the countless changes that occur in the world, and which demand efforts so that the business models remain viable. In the midst of so many changes, it [...]
