Category: Energy (Oil & Gas)

Across the oil and gas industry, companies struggle to gain insights from data spread across siloed systems and processes. For BKV Corporation (BKV), these challenges were all too familiar, but the energy company recognized that unlocking the full value of its data was necessary for future growth. After a large acquisition in 2020, BKV knew […]

Introduction Hot work is defined as any operation that could be an origin of ignition in an environment with flammable materials. According to the U.S. Chemical Safety and Hazard Investigation Board (CSB), hot work is one of the most common causes of worker death. It is also leading cause of industrial fires. A hot work […]

Customers in the energy and utilities industry process PDF documents in a number of use cases. Here are two examples we have worked on: Example 1 – In upstream and midstream, service companies such as SPL Inspection Services generate PDF reports during meter inspections. They send these reports to customers as email attachments. Customers may […]

Large industrial enterprises in manufacturing, oil and gas, and electric transmission and distribution collect operational technology (OT) data from millions of sensors. Much of this valuable data remains unused, sitting in OSIsoft PI Historians, with 80% of the world’s largest oil and gas companies and 65% of the industrial companies in the Fortune 500 relying […]

Geosciences and engineering professionals congregated in Madrid this month to focus on “Leading Geosciences into a New Era.” The 83rd annual EAGE was a great opportunity to discuss how technology meets the new energy sector challenges. I enjoyed many inspiring conversations and want to share some of my takeaways about the energy transition and the […]

After two years of virtual shows, the world’s largest industrial trade fair, Hannover Messe, returns at the end of May, 2022 in Hannover, Germany. From Monday, May 30, to Thursday, June 2, Hannover Messe  organizers expect over 2500 exhibitors to re-launch this in-person event. This year’s show theme focuses on Industrial Transformation and how networked […]

The Industrial Internet of Things (IIoT) is enabling accelerated digital transformation in many industries, and the power and utilities industry is no exception. Today, IIoT is transforming the way utilities operate to serve customers, optimize operational costs, and enhance the community they serve. One of the cornerstones in enabling this digital transformation is the ability […]

1. Introduction Equipment failure imposes an enormous burden on industry. It is estimated that unplanned downtime reduces plant productive capacity by between 5 and 20 percent and costs industrial manufacturers $50 billion annually. The cost to repair or replace equipment may be significant, but the true cost of unplanned equipment failure is its consequences. The […]

As I wrote in ‘Reduce Collaboration Toil for Capital Projects Using AWS’ blogpost, customers in the energy industry spend millions of hours collaborating internally and across with external partners such as Engineering, Procurement, and Construction (EPC) contractors over the life of a capital project. The key pain points customers face include collating comments, inefficient routing […]

Introduction The oil and gas industry is divided into three main sectors: upstream, midstream, and downstream. The downstream business sector includes refining and petrochemical facilities that process petroleum crude oil and raw natural gas into finished products, plus the marketing and distribution of these products. These industries include a complex network of processes, infrastructure, and equipment […]