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Digitalization for the Oil and Gas Industry

Discover your untapped assets

The ‘Internet of Things’ (IoT) is driving the rapid pace of digital adoption across multiple industries. Facing a potentially ‘lower for longer’ scenario, the oil and gas industry is beginning a transformation of its own, increasingly looking toward data-driven solutions to boost performance, enhance efficiency and ultimately, to reduce costs. 

Digital Solutions

Why Digitalization Matters for Oil and Gas

Siemens helps customers optimize the performance of critical oil and gas assets and equipment. We draw on an extensive software portfolio, deep expertise in data analytics and extensive experience in oil and gas and other industries.  

Why does it matter?

Data-based solutions translate to efficiency gains and cost savings, all the more critical in a ‘lower for longer’ scenario. And, your competitors are already pursuing digital solutions.

Discover how Siemens can help you leverage data - an all-too-often untapped asset.
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What do we do?

‘Digital twins’ enhance design, engineering, testing, training operations and maintenance. Data analytics and cybersecurity services protect and optimize the lifecycle of equipment.

Discover how Siemens can help you leverage data - an all-too-often untapped asset.
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How do we do it?

We combine software with expertise in data analytics and extensive digital solutions experience to create a digital roadmap for your solutions – and your success.

Discover how Siemens can help you leverage data - an all-too-often untapped asset.
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The winning formula

We develop a digital roadmap together to make your company more competitive.

Discover how Siemens can help you leverage data - an all-too-often untapped asset.
Contact Us

Offshore production

The Ivar Aasen Field Development Project

Reducing OPEX through condition monitoring on a North Sea platform.

Think offshore production can be profitable in a 'lower for longer' oil and gas market? Aker BP does. And so does Siemens.

In fact, Aker BP's bold publically stated objective is to drive production costs to US$7 per barrel. On the Ivar Aasen Field Development project Siemens worked closely with Aker BP to implement condition monitoring—a data-driven approach to optimizing equipment maintenance schedules, and ultimately, to reducing costs. 

 

Instead of monitoring critical equipment from a North Sea platform, Aker BP personnel monitor it from an onshore control room in Trondheim, Norway, 1,000 km away. A unique process known as time-stamping, as opposed to the more conventional sampling, enhances the accuracy of the acquired machine data, better positioning crews to predict and preempt any maintenance issues.

 

The net result? Fewer personnel working on the remote platform for extended periods, not to mention traveling to and from the jobsite via helicopter, and a significant OPEX savings.

Magazine article

World Oil, December 2017

A case study shows how advanced condition-monitoring technologies - plus analytical expertise - can optimize maintenance of mission-critical equipment in offshore environments, while lowering costs and improving safety.

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Data-driven remote condition monitoring optimizes offshore maintenance, reduces costs

As the world’s oil and gas industry strives to expand margins by reducing production costs wherever possible, advanced capabilities enabled by the integration and digitalization of upstream operations can help in substantial ways. One prime example is remote condition monitoring of well-site equipment, especially offshore.

 

Aker BP deployed remote condition monitoring on its offshore platform, built to develop Ivar Aasen field in the Norwegian North Sea, in an effort to reduce opex costs, increase regularity and improve operations safety.
  

Optimizing oil and gas pipeline performance

Smart Pumping Solutions for Pipelines

According to the US Department of Energy, pumping systems account for almost 20 percent of the world’s energy consumed by electric motors and approximately 25 to 50 percent of the total electric energy usage in certain industrial facilities. Among other applications, pumps move crude oil through vast pipeline networks, which in turn play an indispensable role in transporting hydrocarbons to key markets. Siemens is developing a solution that leverages data analytics to optimize the performance of pump stations for crude oil and other pipeline. 

Digital Partnerships in Oil and Gas

Read more about key projects.

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Portfolio overview

Extensive Software Portfolio

Learn more about our comprehensive software portfolio for the oil and gas industry.