Honeywell has unveiled new software to help field workers in the oil and gas, mining, and aerospace industries digitize equipment inspection programs, which can increase productivity, improve accuracy and minimize unplanned asset downtime.
Baker Hughes, C3.ai announce joint venture to develop productivity through AI
Baker Hughes, a GE company, and C3.ai announced a joint venture agreement that brings together BHGE's fullstream oil and gas expertise with C3.ai's unique AI software suite to deliver digital transformation technologies that will drive new levels of productivity for the oil and gas industry.
AI in the oil and gas segment helps improve overall performance by ingesting massive quantities of data, becoming intelligent about specific operational environments and predicting problems before they occur so that operators can improve planning, staffing, sourcing and safety. This joint venture combines BHGE's extensive oil and gas technology domain expertise with C3.ai's unique AI software suite and solutions, creating new opportunities for the sector.
"The oil and gas industry is rapidly evolving, and digital technology is critical to achieving increased levels of productivity, efficiency and safety for ourselves and for our customers," said Lorenzo Simonelli, BHGE chairman and CEO. "This agreement is a mutual recognition of the technology leadership we each bring to the table and a willingness to work in new ways that deliver the best possible outcomes for our customers. Integrating our strong digital capabilities and oil and gas industry expertise with C3.ai's unique AI solutions, we will accelerate the overall digital transformation of this industry."
"The oil and gas sector is undergoing a digital transformation to improve efficiencies and increase safety, while simultaneously reducing environmental impact," said Thomas M. Siebel, CEO, C3.ai. "These changes will be driven through advanced AI use cases deployed across the entire oil and gas value chain. BHGE is a technology-first company with deep expertise, a global footprint and strong relationships across the industry. Combining its strengths with the unique industrial AI capability of C3.ai, we will deliver transformative change to one of the world's most important industry sectors."
The companies will immediately market and deploy C3.ai's AI technology, including the C3 AI Suite and applications, into oil and gas businesses. BHGE and C3.ai will also leverage BHGE's existing digital portfolio to collaborate on new integrated AI applications specific to oil and gas, and offer combined teams of oilfield and AI expertise deployed directly into customer environments to deliver AI solutions that meet specific business needs. Simplifying the approach to AI with this combined offering will help customers focus on what matters most - running their oil and gas business safely and efficiently.
"Shell utilizes the C3.ai platform to accelerate digital transformation across our business, focusing on using AI and machine learning to improve overall operations starting with predictive maintenance," said Shell Group CIO Jay Crotts. "Shell also has a long-standing relationship with BHGE in oilfield services and software development. There is real potential in exploring the fusion of existing oilfield technology and emerging digital technology, in this case combining C3.ai's capabilities with BHGE's domain expertise to create new solutions that truly address oil and gas specific challenges with powerful advanced analytics technology."
Under the terms of the agreement, BHGE has taken a minority equity position in C3.ai and will have a seat on C3.ai's board of directors. BHGE will also accelerate its own use of AI, deploying the C3 AI Suite across its business to enable new BHGE AI applications that improve core operations and better serve customers with AI-enabled products and services.
More from Software & IT
Endress+Hauser is offering two universal, device configuration tablet PCs that provide especially fast, efficient one-click mobile device configuration and plant asset management in hazardous environments. With these robust, touch-enabled Field Xpert tablet PCs - model SMT77 for Cl. 1 Div. 1 and SMT70 for Cl. 1 Div. 2 - maintenance staff can manage virtually all digitally communicating Endress+Hauser and other field instruments throughout their entire life cycle. Both can be utilized just as effectively in non-hazardous parts of the same facilities.
Emerson announced the release of Geolog 19, the latest version of its formation evaluation software suite. This release includes new display formats that enhance collaboration between subsurface specialists. This includes representation of zonal data as crossplot and histogram tracks so that geoscientists can better understand the relationships between rock formation pressures, stresses, and mud weights, for example. The release also enhances its data connectivity and "openness" features with direct streaming of wellsite information transfer standard markup language (WITSML) data into Geolog's geosteering application, expanded connectivity to third-party applications, including Petrel 2019, and the integration of Python scripts for enhanced customization with no separate installation.
Metegrity, a globally trusted provider of quality and asset integrity management (AIM) software solutions, announces the launch of VisionsGo: a new mobile technology for asset inspections management. This first-of-its-kind technology empowers companies with the ability to execute, perform, collect and analyze all asset inspection data directly from the field via mobile tablet.
FLIR Systems, Inc. introduced FLIR Thermal Studio, a thermal image analysis and reporting software designed to manage large sets of thermal images and videos. Engineered for thermographers who use FLIR thermal handheld cameras, optical gas imaging (OGI) cameras, and unmanned aircraft systems (UAS) with thermal cameras, FLIR Thermal Studio's advanced processing capabilities and automation are designed to streamline workflow and increase productivity.
Restrata unveils digital platform revolutionizing the safety of people and assets for the industrial world
Restrata, a technology and services company focused on security, safety and emergency response solutions has unveiled the Restrata platform.
ABB's new series of DC variable speed drives (VSDs) allow users with a large installed base to get better performance from their existing systems. With the new DCS880 VSDs, customers who are heavily invested in a DC system have the option to continue using DC technology while better aligning with modern AC advancements.
Dedicated to securing and protecting trust in the digital economy, Schneider Electric today announced its membership in the Cybersecurity Coalition, based in Washington, D.C. As a digital transformation leader operating in more than 100 countries, Schneider Electric continues to work closely with governments, customers, and partners to play a principal role in confronting cybersecurity risks and challenges. By joining the Coalition, Schneider affirms its commitment to being open, transparent, and collaborative so it can better detect, prevent, and respond to cyber threats across its extended enterprise.
Opto 22 announces the addition of international standard IEC 61131-3 programming options in its groov EPIC edge programmable industrial controller. Adding these new programming options to the existing flowchart and custom user-written options in groov EPIC gives control engineers the ability to program using a variety of languages they already know, while taking advantage of the EPIC's extended capabilities for automation and industrial internet of things (IIoT) applications. All IEC 61131-3 standard languages are supported by groov EPIC, including Function Block Diagram (FBD), Structured Text (ST), Sequential Function Charts (SFC), and Ladder Diagram (LD).
Handheld Group, a manufacturer of rugged mobile computers, announced the new NAUTIZ X6 - an ultra-rugged phablet—phone plus tablet— that combines the big-screen functionality of a tablet with the go-anywhere performance of a rugged phone.
A pipeline control room is the central nervous system of oil and gas operations - continuously receiving and processing tremendous amounts of sensory data, quickly highlighting important information requiring action and using that information to coordinate and control operations to mitigate risks and optimize performance. With heightened public attention on pipeline assets, growing regulatory oversight over operations, increased market competition amongst operators, and an ever-aging asset base, the ability to effectively and efficiently manage all aspects of pipeline operation has become increasingly difficult. More than ever there is a pressing need to ensure each pipeline is operated safely, reliably and compliant with the latest regulations.
Honeywell has added new cybersecurity consulting services designed to help industrial and critical infrastructure customers identify and eliminate dangerous security weaknesses. The Honeywell CyberVantage Security Consulting Services portfolio now includes Penetration Testing, providing active "white-hat" hackers who exploit customer defenses in order to fix them. It also now offers System Hardening to reduce software vulnerabilities and assist customers in safely complying with global Center for Internet Security (CIS) industry benchmarks.
Seeq Corporation announces the availability of their advanced analytics solutions delivered via software as a service (SaaS) on Microsoft Azure. Seeq enables engineers and scientists in process manufacturing organizations to rapidly analyze, predict, collaborate, and share insights to improve production outcomes. Customers include companies in the oil & gas, pharmaceutical, chemical, energy, mining, food and beverage, and other process industries.
EnergyIQ, a leader in Well master data management solutions for the oil and gas industry, is celebrating a decade of helping clients improve organizational efficiency, productivity and effectiveness based on the automated capture, management, and delivery of the most trusted data.
Siemens will showcase its comprehensive oil and gas solutions and services at the upcoming Turbomachinery & Pump Symposium (TPS), September 18 - 20, 2018 at the George R. Brown Convention Center in Houston, TX.
American Innovations (AI) has updated and further developed its PCS family of pipeline compliance software. With the launch of PCS Axis 1.14 and Survey Viewer 1.14, users will have a better overall experience that provides an offline graph and grid view of historical and current data for quick field diagnostics.
Quorum Software, the leader in digital transformation for the oil and gas industry, announced new functionality in MOSAIC, an all-in-one reserves management, economics, budgeting, capital planning, and decline analysis application. The latest enhancements improve data management and well analysis for engineers through integration with Citrine, a field performance analysis software from KAPPA.
Quorum Software has published the second white paper in its Modern Energy Workplace series. The new white paper examines how oil and gas companies are challenged to adopt new digital technologies such as big data, cloud, and cognitive to modernize business processes that support the next generation of energy professionals.
Quorum Software has launched its next technology evolution with myQuorum AI. myQuorum AI drives smarter insights and reimagines oil and gas operational excellence by exploiting the deep industry experience embedded in myQuorum software applications with cutting-edge cognitive technologies. Augmented Intelligence (AI) is the latest innovation that stems from Quorum's commitment to driving the industry forward through the proven and visionary myQuorum platform. Cognitive technologies such as machine learning, robotic process automation, computer vision, and natural language processing, will enable energy companies to work smarter, more efficiently, and be more operationally and financially compliant. Quorum's land management software, myQuorum Land, is the first application to take advantage of the platform's new AI capabilities.
American Innovations is pleased to announce Survey Manager, the first product in the company's new Concentric product line, is now available for purchase. The goal of Concentric products is to use cloud and mobile technology to help pipeline personnel collaborate on survey data and get more accurate insights, faster. Survey Manager does this by allowing surveyors and their supervisors or clients to collaborate on data in real-time, using a rich dashboard that can display survey data on a map, in a grid or on a chart. Users can view these three data displays simultaneously, allowing them to better visualize and analyze their survey results.
SAP and Endress+Hauser will intensify their cooperation in the development of Industrial Internet of Things (IIoT) applications for the process industry. The enterprise software market leader and the specialist for process and laboratory measurement technology made the announcement during ACHEMA in Frankfurt, Germany, the world's leading trade fair for the process industry. In future, both companies intend to work closer together in the development of joint solutions, sales and customer implementation.
Honeywell has announced a software solution to provide cybersecurity to industrial customers who manage diverse process control networks, sites and vendors. As customers continue their digital transformation and their industrial sites become more connected, integrating cybersecurity has become even more critical.
Schneider Electric has released Tricon CX version 11.3, the most powerful version of its EcoStruxure Triconex safety instrumented system.
Oildex has introduced OpenTicket, the next generation of the company's digital field ticket solution. OpenTicket is the industry's only comprehensive, end-to-end cloud-based platform that provides both operators and service providers with all the software they need to generate, review and approve digital field tickets. New capabilities of OpenTicket include a dedicated mobile application that supports both online and offline generation of digital field tickets, support for Drilling & Completions (D&C) and Lease Operating Expense (LOE) organizations, and processing optimizations that speed payments, improving operator/supplier relationships.
Honeywell has announced that Cureton Midstream LLC will use Honeywell Connected Plant to provide prescriptive monitoring of its UOP Russell gas processing plant in Weld County, Colo. The plant is designed to cryogenically extract 99 percent of ethane and 100 percent of propane from natural gas supplied by producers in the Niobrara basin.
Honeywell has announced a handsfree, wearable Connected Plant technology that allows industrial workers to more safely, reliably and efficiently accomplish their tasks in the plant or the field. Honeywell's Skills Insight Intelligent Wearables feature a head-mounted visual display that responds to voice and brings live data, documents, work procedures, as well as health and safety information into view.
Cyberhawk’s iHawk software selected by global oil and gas operator to digitize a major U.S. construction project
Cyberhawk has been awarded a three-year contract by an oil and gas supermajor to provide a digital asset management solution during the construction of its new world-scale petrochemical complex in the USA.
Landmark, a Halliburton business line, launched DecisionSpace Production Engineering and DecisionSpace Production Insights software to help operators better utilize data to reduce costs and unlock production potential. These offerings strengthen the DecisionSpace Production portfolio by adding analytical dashboards and production engineering capabilities. Both are integrated with economics and reservoir information to help solve production challenges quickly and cost-effectively.
Quorum Software, the leader in digital transformation for the oil and gas industry, announced today that it has entered into a definitive agreement to acquire Calgary-based Entero Corporation, a trusted leader in energy software solutions for the upstream and midstream sectors. With over 125 customers throughout North America, Entero furthers Quorum's mission to invest in customer-oriented innovation and expand its comprehensive product portfolio to cover the energy value chain, from engineering to accounting and finance in upstream and across the full range of midstream processes through to distribution. This acquisition expands Quorum's 15-plus year presence and leadership in the Canadian Midstream segment by adding geo-specific and Upstream expertise and products, augmenting products such as myQuorum Land Canada.
Flow-Cal, Inc. has released FLOWCAL Enterprise Version 10.0. This latest release introduces the next generation user interface (UI) and the first phase of enhancements to aid upstream and midstream companies in meeting new Bureau of Land Management (BLM) compliance requirements.
Seeq, a provider of advanced analytics solutions, announced today that Pioneer Resources, Devon Energy, and Fisher Valves will present next week at the 22nd ARC Industry Forum on their use of Seeq to improve business and production outcomes. Seeq applications build on machine learning and big data technologies to speed the time to insight with diagnostic, descriptive, and predictive analytics. The presentations are typical of the benefits Seeq customers are realizing in the oil & gas, power, pharmaceutical, chemical, energy, mining, food and beverage, and other process industries.
Bedrock Automation has published a concise, easy-to-deploy interface specification that enables users and application developers to take advantage of the security capabilities of OPC UA communications software. By following the simple procedures outlined in the Bedrock SCADA Security Platform Specification, developers can upgrade any OPC UA compliant client into a highly secure OPC UA channel, across which users can exchange data between plant floor operations and SCADA applications.
Seeq Corporation announces the release of its first update to the Seeq software application in 2018, staying on plan to provide four new releases each year. This is the eighth release of Seeq software in just the past 24 months, driven by input from customers expanding their use of Seeq.
Bedrock Automation, the maker of the world's first Open Secure Automation (OSA) platform, has released an informative white paper on the cyber security vulnerabilities and defense of industrial control systems. The 20-page document, Securing Industrial Control Systems - Best Practices, covers the threat landscape and presents a holistic approach to defending it, including assessing risk, physical security, network security, workstation and server security, as well as the fundamentals of OSA.
Emerson has announced a major upgrade to its SolaHD SDN 40-24-100C 40A DIN rail power supply that doubles the number of terminals available for improved connectivity to power multiple devices, while also stepping up its heat rating to expand the number of types of hazardous environments where the power supply can be deployed.
The new NAUTIZ X9 from Handheld Group is an ultra-rugged enterprise handheld built for fieldwork in the most challenging outdoor or industrial environments.The Nautiz X9 Android handheld is targeted for industrial and field applications where reliability is critical and ruggedness is key. Offering a complete and unique set of features, the fully rugged Nautiz X9 can be used as a mobile computer, data collector or field controller. It offers:
- A quad-core processor and easy-to-use Android 7 (Nougat) OS.
- GPS/GLONASS capabilities standard.
- Optional high-quality, high-speed 2D imager.
- Dual cameras including 13-megapixel rear-facing with autofocus and flash, and 2-megapixel front-facing.
- 4G/LTE Android phone functionality.
- Google GMS for Google Maps navigation and Play Store app access.
- A sunlight-readable 5-inch capacitive display with multi-touch sensitivity.
- IP67 ruggedness rating for waterproof, dust-tight performance.
Endress+Hauser is pleased to announce the alignment of partnerships with Angus Measurement Services, TechnipFMC and its sales and service representative Vector Controls. The automation companies will collaborate to bring added value to the oil and gas industry, assisting customers with transition to the digital oilfield.
In the oil and gas market, where prices and profits are volatile, cutting costs and expenses becomes a higher priority. Even with signs of a market recovery, companies must focus on viability for the long term by not compromising on productivity and safety standards. How can companies most cost-effectively manage assets in this economy?
WellAware, the oil and gas industry's only full-stack solution for oilfield monitoring and optimization, and CheckPoint Pumps & Systems (CheckPoint), a leading provider of chemical injection solutions, announced today a product partnership to offer complete pump rate monitoring and control for CheckPoint's full line of pumps.