Data is oxygen in the age of Internet of Things (IoT) and Artificial Intelligence (AI). A data-rich industry operating in dispersed locations such as Oil and Gas (O&G), needs a collaborative ecosystem to interpret the data and drive optimisation, productivity and profitability. Secured accessibility to contextualised operational data and insights, will help its organisation to increase efficiency via informed decision making.
TM ONE, as the digital enabler for enterprises and public sector, provides seamless, end-to-end digital solutions for enhanced productivity and industry experience. With TM ONE Hyperconnected O&G Ecosystem - from offshore to onshore operations – industry players can unleash the full potential of their digital opportunities.
HYPERCONNECTING GEOGRAPHICALLY DISPERSE LOCATION
With good SD-WAN architecture, reliable technology partners and IoT wearables to further complete the ecosystem, a digitally connected workforce can be enabled, allowing ease in issuance of Permit To Work (PTW), promoting Health, Safety and Environment (HSE), as well as cost reduction. Real-time data mined from IoT devices allow predictive and preventive measures making Operations and Maintenance (O&M) activities more effective.
Integrated Data Management
Streamlining data management across the upstream value chain from subsurface data - oil well, production and seismic, to surface data, for better results in asset integrity and O&M. Aligning upstream and midstream data with downstream business for focused margin, improved supply chain planning and scheduling, resulting in shorter turn-around phase.
Partnership between technology partners, asset owners and regulators will create neutralised layers within an ecosystem. Based on where and how much value each member adds, with aligned interests and clear accountability, the industry can then move forward by sharing with each other, innovating together, with current and future digital enablers.
Integrating analytics in O&G, can help to optimise efficiency and maximise profitability by eliminating most of unplanned plants outages and boosting production outputs. The combination of data access, data wrangling, analytics and intervention management, enables organisations to have better insights, make appropriate actions which can result in massive savings.
Training & Re-skilling
Upskilling and training through technology courses and training programmes, soft skill and software modules, will prepare both O&G employees and employers in facing competition and bridging the skills gap in a tight labour market.
How does Smart Helmet work in Oil & Gas Industry?
OPTIMISING EFFICIENCY, MAXIMISING PROFITABILITY
Big data applications can generate important insights to aid better planning and operations from drilling accuracy, incidents management, assets life-cycle, resource optimisation to even manpower management. Tactical use of the insights can help in plant turn-around or in developing rejuvenation plan. Business can be more effective, resulting in lower cost of operations and oil prices which will benefit not only the businesses but also the community at large.