Schneider Electric, AVEVA and DORIS Group, a global engineering and project management company in the energy industry, have agreed to develop a strategic partnership to deliver Digital Twin technology for the upstream oil and gas markets. These new solutions will support the goals of oil & gas organizations to help to improve asset performance, increase sustainability and maximize return on capital on projects.
The three companies will combine offerings to bring together engineering capabilities, an asset lifecycle software solution and digital specialization in order to create a fully formed digital twin to serve as a backbone for helping to improving performance for the upstream sector. The new solution will:
- Bring new assets on stream faster through the use of cloud-enabled software that helps to improve collaboration and increase engineering efficiencies
- Deliver enhanced safety which can lead to better business outcomes
- Help to improve traceability through a single point of accountability
- Further enable remote operations and production assurance through a fully functional living Digital Twin designed to mirror all aspects of the operating asset
Some Oil & Gas owner operators have had challenges to go digital due to the lack of availability of structured offerings and orchestration, and many seek a single vendor to deliver what is required to achieve this. Large amounts of data of various types from different sources is another challenge they face, often leading to data inaccuracy and incompatibility, as well as difficulties in organizing that data and identifying trends. Similarly, the oil & gas sector is under considerable pressure to quantify, track and reduce CO2 emissions, as well as to reduce overall pollution, which can be even more difficult with limited monitoring, no established method, and no data-driven decision making. Together, Schneider Electric, AVEVA and DORIS will offer a structured digital and collaborative solution across the lifecycle of projects that will help oil & gas owner operators address many of these challenges.