Putting Trust and Sense into Data for More Sustainable Energy Operations

Odfjell Drilling improved rig operations, developed a new business model and easily shared rig data with its clients using 4Subsea's Internet of Things sensors in conjunction with its data analytics platform to digitally enhance its global rig operations.

(Source: 4Subsea)

The dash for data to drive down costs and improve safety and sustainability is seeing offshore oil and gas assets, rigs and vessels transform into sophisticated sensor hubs. The generation and collation of vast amounts of historical and live data can now be converted and interpreted into valuable insights and shared at the touch of a button to reduce emissions and significantly lower the cost of operations.

In addition, advances in machine learning algorithms and artificial intelligence can further eliminate unnecessary over conservatism, detect and predict anomalies, and ensure smarter decision-making in the future. 

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