Regional LATAM for Production Operations
During the last 20 years, there has been a paradigm shift with the development of digital technology that is changing the way we operate our physical assets. The Oil and Gas industry has commenced its own Digital Transformation, with the increasing use of emerging digital technologies, such as the Industrial Internet of Things (IIoT) and Big Data Analytics, to enhance the Exploration and Production lifecycle.
This session will focus on how digital solutions can be orchestrated to improve the service execution, increase equipment reliability while driving down costs. We'll look into possible applications of digital transformation initiatives through the following four key drivers:
- Optimize maintenance by asset health awareness in real-time.
- Shorten planned shutdown campaign by servicing only the necessary parts and optimizing the shutdown schedule.
- Reduce Opex by automating process, reducing POB and delivering integrated services.
- Avoid emergency shutdowns (increase uptime) by a predictive equipment analysis with forward-looking simulations.