Unlocking potential for plant design and operations with co-simulation

Credit to Author: Babar Iftikhar| Date: Wed, 22 May 2024 12:04:00 +0000

It’s becoming clear to most in hard-to-abate industries that electrifying combustion-based energy systems offers new opportunities to increase sustainability and decarbonize operations and processes. Industrial and civil engineers are racing to find alternatives to fossil fuels, as well as implement advanced digital control technologies to…

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How Virtual Reality Compresses Operators Learning Curve in Oilfields

Credit to Author: Eddy Lek| Date: Tue, 27 Mar 2018 07:47:24 +0000

Oil and Gas producers had laid off experienced staffs and shut down unprofitable wells to reduce their operations costs when the oil prices dipped to a low of $20 two… Read more »

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New tools accelerate engineering and operations’ impact on Oil and Gas profitability

Credit to Author: Eric Koenig| Date: Mon, 29 Jan 2018 22:19:37 +0000

Over the years, the Oil & Gas industry had come to accept that capital projects involved long execution times, high costs and, in some cases, a high degree of risk. … Read more »

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New Simulation Tools are Driving Down Oil and Gas Company Operational Costs

Credit to Author: Eric Koenig| Date: Thu, 30 Nov 2017 21:10:19 +0000

According to the World Economic Forum, digital transformation in the Oil & Gas industry could unlock approximately $1.6 trillion of value for the industry, its customers and wider society. Digital… Read more »

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Innovation in the Midstream – An Innovation Summit: Software Conference Update

Credit to Author: Jeremy Kivi| Date: Wed, 04 Oct 2017 13:39:52 +0000

Merriam-Webster defines innovation as “the introduction of something new” or “a new idea, method, or device”. It is that spirit that reflects what is happening this week at Schneider Electric… Read more »

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Optimize Your Plant Before You Build It: The Schneider Electric/AVEVA potential

Credit to Author: Peter Herweck| Date: Fri, 29 Sep 2017 13:50:43 +0000

The issue facing many industrial organizations is that too much time and money is spent in designing, operating and optimizing new-generation and existing plants because of a lack of tools,… Read more »

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How Digitalization of Production Allocation Maximizes Oil & Gas Production in Oil Fields

Credit to Author: Eddy Lek| Date: Wed, 27 Sep 2017 10:29:44 +0000

Oil and Gas producers are facing intense challenges in the new normal era of low oil prices – imbalance between supply and demand, combined with slowing demand growth.  In order… Read more »

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Digitalization of Production Allocation to Boost Oil & Gas Production in Oil Fields

Credit to Author: Eddy Lek| Date: Wed, 27 Sep 2017 10:29:44 +0000

Oil and Gas producers are facing intense challenges in the new normal era of low oil prices – imbalance between supply and demand, combined with slowing demand growth.  In order… Read more »

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