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Press Release05 September 2017Power and GasHouston
Optimizing offshore production with Siemens Topsides 4.0 digital lifecycle solutions
The picture shows the Topsides 4.0 digital lifecycle solution for offshore production.
Topsides 4.0 begins during the conceptual and design phase of an offshore project and enables digital project management and manufacturing, virtual testing and commissioning, and finally delivers an intelligent digital twin of the topsides facility. The digital twin comprises a virtual replica of the plant, the process and the automation system and how they interact, and assist in reducing life cycle costs through performance analytics and asset optimization in a virtual environment.
While Topsides 4.0 is new, Siemens has extensive experience providing digital solutions across a wide range of industries – from faster patient diagnoses in healthcare, to guaranteed on-time arrivals of trains on the Barcelona rail network, to a 30 percent increase in vehicle production at a Maserati factory.
"Digitalization is not a passing trend, but rather a foundational value-add technology in the oil and gas industry," said Judy Marks, CEO of the Dresser-Rand business, part of Siemens Power and Gas, and CEO of Siemens USA. "Companies should not view digitalization as an IT initiative, but rather a business transformation initiative implemented via operational technology and enabled by IT," Marks added.
Designed to reduce capital and operating expenses, shorten project development cycles, minimize interfacing risk, and reduce offshore manpower requirements, the Topsides 4.0 business model is strengthened by collaborative customer-supplier partnerships.
"For offshore vessels to reap the full benefits of digitalization, we must combine our customer's domain expertise with Siemens' knowledge of products, automation and data analytics," said Marks. "Getting to the point where oil and gas companies feel comfortable sharing data in a secure but open ecosystem will be critical as we jointly reinvent the oil and gas industry of today and tomorrow."
The components comprising Siemens' Topsides 4.0 digital solution have a strong track record of success. For example, Siemens delivered digital performance analytics for Aker BP's Ivar Aasen offshore project off the Norwegian coast that enables Aker BP to reduce the platform's physical manpower and optimize equipment maintenance schedules. The project, delivered on-time and on-budget, was so successful that Aker BP and Siemens created a strategic long-term partnership last spring to continue delivering digital lifecycle automation and performance analytics for Aker BP's future field development projects.
For further information on Siemens digital solutions, please see https://www.siemens.com/global/en/home/markets/oil-gas/digitalization.html
For further information on Siemens Oil & Gas at Offshore Europe 2017, please see www.siemens.com/oe2017
For this press release
@Siemens_Energy
@Siemens_Energy
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of €79.6 billion and net income of €5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
Contact
Janet Ofano
Siemens AG
5101 Westinghouse Boulevard
28273-9640 Charlotte, NC
USA
28273-9640 Charlotte, NC
USA
+1 (704) 551-5277