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.”
Transforming pulp and paper with automation and digitalisation ABB South Africa
IT in Manufacturing
The pulp and paper industry in South Africa is undergoing a significant transformation from traditional manual processes to embracing automation technologies. Automation in pulp and paper mills aims to improve various production stages, from raw material preparation to final product creation.
Read more...Protecting industrial networks with resilient defence RJ Connect
IT in Manufacturing
Network security is no longer just about preventing hacking or data breaches. For operational technology networks, resilient defence and consistent uptime are crucial. They are the core tenets that underpin Moxa’s guarded uptime and resilient defence (GUARD).
Read more...The metaverse is now: are you ready to reimagine your business?
IT in Manufacturing
The convergence of the digital and physical worlds, driven by spatial computing and the metaverse, is rapidly reshaping business landscapes. This transformation extends beyond the mere novelty of virtual reality headsets and augmented reality filters, signalling a fundamental shift in how organisations operate, collaborate and innovate.
Read more...AI and cyber security: South Africa’s next battleground
IT in Manufacturing
Artificial intelligence is rapidly becoming a double-edged sword in the world of cybersecurity. In South Africa, where cybercrime is on the rise, AI presents both an opportunity and a threat.Artificial intelligence is rapidly becoming a double-edged sword in the world of cybersecurity. In South Africa, where cybercrime is on the rise, AI presents both an opportunity and a threat.
Read more...Addressing the cooling needs of the modern data centre Schneider Electric South Africa
IT in Manufacturing
The rise in hardware density in data centres is gaining speed and is largely driven by the demands of artificial intelligence and machine learning, requiring more powerful servers and specialised hardware.
Read more...South Africa’s next cyber security frontier
IT in Manufacturing
AI-powered agents are rapidly transforming how South African businesses operate, from chatbots managing customer inquiries to automated systems processing financial transactions. While these AI-driven assistants increase efficiency and reduce operational costs, they also present a new, and often underestimated, cybersecurity challenge: identity management.
Read more...The DeepSeek effect: navigating AI’s new frontier
IT in Manufacturing
DeepSeek has emerged as a game-changer in artificial intelligence, offering a robust platform redefining how businesses approach AI integration. This change is especially important since it opens up AI to a wider range of organisations, including small and medium-sized enterprises that could have previously been priced out of the market.
printer friendly version