Emerson Process Management and StepChange Global have combined their technology and consulting expertise to help producers increase production and cut operational costs by developing, implementing and evolving best practices with Integrated Operations (iOps) and Digital Oilfield. An effective iOps solution helps users improve profitability through better access to real-time data and information, innovative technology, and its integration into a collaborative organisation.
Emerson’s technology and StepChange Global’s consultants help improve collaboration between the operational site and the support teams in the office in order to maximise the value that can be gained from operating asset information. With iOps, an enterprise can then build confidence in its information and trust among extended teams to implement improvements that include improving operator efficiency and optimising its core operational processes.
By optimising production using iOps tools and techniques, an oilfield can see production efficiency improvements of up to two percent. A closed-loop gas lift application can see production improvements of five percent. Previous iOps implementations have seen OPEX reductions of five to 20 percent with payback in less than a year.
“The major oil field players see Integrated Operations as a transformational programme to optimise their business performance, and is the way they will work in the future,” said Tony Edwards, StepChange Global CEO. “Performance optimisation is required as the industry struggles with falling oil prices, key skill shortages, and risk reduction and compliance requirements for both health, safety and environmental (HSE) and production.”
“Working with StepChange helps us drive increased production efficiency for our customers,” said Jerry Brown, senior vice president of Emerson’s industry solutions. “We are reducing operations and maintenance OPEX costs by improving visibility of real-time actionable asset information across multiple remote sites and oilfields.”
The next wave of AI-driven process automation Schneider Electric South Africa
IT in Manufacturing
As process industries hurtle toward an AI-driven future, four powerful trends are set to redefine automation strategies in 2026: hyper automation, AI-first automation, low code/no code platforms, and advanced process intelligence.
Read more...Huge increase in denial-of-service cyber threats
IT in Manufacturing
NETSCOUT has released its Distributed Denial-of-Service Threat Intelligence report, revealing sophisticated attacker collaboration, resilient botnets and compromised IoT infrastructure that drove more than eight million DDoS attacks worldwide.
Read more...Sustainable manufacturing ABB South Africa
IT in Manufacturing
ABB’s production facility in Shandong province, China is delivering measurable energy and emissions reductions through the implementation of advanced digital energy management and electrification solutions.
Read more...Open automation is breaking legacy chains Schneider Electric South Africa
IT in Manufacturing
Industrial automation is now entering a new era defined by open, software-driven principles that are breaking decades of hardware-bound limitations.
Read more...How Bühler SmartMill is shaping the future of milling
IT in Manufacturing
Digitalisation, automation and data-driven decision making are rapidly transforming the global milling industry. The SmartMill concept is helping millers respond to growing operational pressures, tighter margins and increasing quality and compliance.
Read more...The accelerating cyber threat from DDoS-for-hire services
IT in Manufacturing
The accelerating growth of DDoS-for-hire services is empowering a broader range of cyber threat actors, intensifying operational risk to digitally connected organisations and enterprises.
Read more...Sustainability as strategy Rockwell Automation
IT in Manufacturing
In today’s business landscape, sustainability has become a powerful driver of business differentiation. Rockwell Automation partners closely with customers to embed sustainable, data-driven solutions into their manufacturing operations.
While every effort has been made to ensure the accuracy of the information contained herein, the publisher and its agents cannot be held responsible for any errors contained, or any loss incurred as a result. Articles published do not necessarily reflect the views of the publishers. The editor reserves the right to alter or cut copy. Articles submitted are deemed to have been cleared for publication. Advertisements and company contact details are published as provided by the advertiser. Technews Publishing (Pty) Ltd cannot be held responsible for the accuracy or veracity of supplied material.
printer friendly version