(1) The Forgotten Member in Early Field Development Planning, (2)Digital Asset & Physical Twin: A Dialog on Digitally Born Future Fit Asset
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Important Notice: Due to a scheduling conflict, the event date has been rescheduled from October 2nd to October 28th. If you are unable to attend on the new date, please reach out to Dean Finlayson for a refund. We sincerely apologize for any inconvenience this may cause.
Speaker (SLB): Gaojing (Melody) Cao
Gaojing (Melody) Cao is the Head of Product Asset Performance Management and Digital Twin and was the surface facilities technical authority with SLB in London. She has 25 years of leadership experience in delivering large-scale, onshore, and offshore oil and gas projects and petrochemical projects.
She has managed projects through all phases from concept development to start-up. She has also managed assets in the operations & maintenance phase including major turnaround management.
She holds a degree in Mechanical Engineering from Xi’an Jiao Tong University, an MBA degree from Manchester Business School, and a PMP credential from Project Management Institute.
Presentation -The Forgotten Member in Early Field Development Planning
The field development and asset management life cycle comprises 7 stages: explore, appraise, select, define, execute, operate, and abandon. Frequently companies prioritize reserve or resource-related subsurface activities such as seismic, volumetrics, and reservoir engineering, but put little thought into surface facilities at the early stage of the field development life cycle. Subsequently, the surface facilities become the bottleneck or even a showstopper to unlocking the full potential of the reservoir and realization of the optimal value of the asset.
This presentation focuses on the critical role surface facilities play in field development and asset management. It covers the major surface facility activities involved in field development, the complexity of these activities, and how surface facilities impact the whole asset value realization. Examples demonstrate the consequences when facilities are overlooked. Finally, it discusses developments in building sustainable facilities in the oil and gas industry.
Speaker (Kongsberg Digital): Siddharth SETIA
As General Manager APAC – Digital Energy, Sid leads Business Growth and Strategy in APAC prioritizing on Australia, New-Zealand, India & Japan. Sid joined Kongsberg Digital earlier this year after having spent 15+ years with fortune 500 Japanese Trading conglomerate Sumitomo, where he led a variety of roles in Supply Chain, Field Operations, Strategic Account Head and Digital Transformation along with regional BD Advisor for new technology investments division. Sid is a Mechanical Engineer Graduate (India) with a Post-Grad in Petroleum Engineering from Curtin University, Australia.
Presentation -Digital Asset & Physical Twin: A Dialog on Digitally Born Future Fit Asset
What if you’re tasked to build a Facility of Future?, that is truly future proof. What does it really mean?
- Installing any and every IT, OT, Tech tool available to Ops mankind?
Or
- Designing a facility on tech enabled framework that can adopt OT/IT infra dynamically? to meet?
What path genuinely delivers operational excellence along with sustainable long-term value?
In the context of constructing assets in remote locations, such as LNG facilities, managing operations with limited personnel and high logistical costs presents substantial technical challenges. The geographical isolation and associated expenses necessitate rigorous efficiency in workflows and effective shift transitions. Employing a digital twin—a virtual replica of the physical asset—offers a sophisticated solution to these challenges, particularly during the project phase.
A digital twin integrates real-time data and advanced simulation capabilities to address common pain points experienced by operators and EPC (Engineering, Procurement, and Construction) contractors. These issues often include costly design modifications, data integrity problems, safety risks, quality control inconsistencies, budget overruns, and suboptimal resource allocation.
The implementation of a digital twin provides several technical benefits:
- Optimized Facility Design: Facilitates a ‘digital by design’ paradigm, incorporating analytics-driven design to minimize instrumentation, model corrosion, and embed performance architecture. This reduces CAPEX and OPEX, ensuring operational efficiency and adaptability from the design phase.
- Enhanced Data Access: Delivers a centralized, cloud-based data repository for real-time monitoring and management. This enables high-resolution data quality control, accurate contextualization, and seamless updates throughout the project lifecycle.
- Advanced Safety Management: Utilizes simulation capabilities to model construction processes, assess risk scenarios, and optimize safety protocols. This includes virtual testing of start-up logic and equipment performance, as well as emissions estimation and reporting.
- Cost Efficiency: Enables remote operations and virtual site inspections, reducing the need for physical site presence and thereby cutting associated costs. The digital environment supports remote training and site orientation, expediting project timelines.
- Improved Resource Allocation: Provides a platform for enhanced coordination and tracking of construction activities and resource utilization, ensuring optimal alignment between on-site and remote teams.
- Refined Quality Control: Leverages machine learning and artificial intelligence to transition from reactive to predictive maintenance, facilitating automated quality control and reducing rework costs.
Adopting a digital twin approach enhances decision-making, risk mitigation, and project execution, thereby significantly improving asset performance and sustainability throughout its lifecycle. This technical approach fosters a culture of innovation and efficiency, setting a new standard for asset management in remote and challenging environments.
Important Notice: Due to a scheduling conflict, the event date has been rescheduled from October 2nd to October 28th. If you are unable to attend on the new date, please reach out to Dean Finlayson for a refund. We sincerely apologize for any inconvenience this may cause.
Online Teams Meeting Link:
Join the meeting online here on 28th of October 2024 from 16:45 hours (AWST)