Oil & Gas Technology Autumn 2023

Page 44

FUTURE DIGITAL TWIN

De-mystifying digital twins for oil and gas Every day, we hear from our customers wanting to implement digital twins to improve operations, product offerings, and business value. A challenge, however, is that digital twins mean different things to different people. We have heard the term digital twins be applied in the broadest sense to traditional methods such as engineering design simulations, CAD models, 3D visualizations, IoT dashboards, and immersive environments. This has led to confusion as we are left wondering how does simply renaming existing methods drives new business value. To clarify, digital twins is more than just a new marketing term, but rather a new technology that has only become feasible in the past few years with the convergence of at-scale computing, predictive modeling methods, spatial computing, and IoT connectivity. 42

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n understanding our customers’ interpretations of digital twins, we found a range of concepts including engineering analysis of a physical component, predictive maintenance, performance optimization of processes, 3D virtual walkthroughs of a factory with automated operations, and everything in between.

What these ideas all have in common is that a digital twin consists of a digital representation of something in the physical world, is updated with live data, and drives business outcomes. With this backdrop, we define Digital Twin as follows: A digital twin (DT) is a living digital representation of an individual physical system that is dynamically updated with data to mimic the true structure, state, and behavior of the physical system, to drive business outcomes.


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Articles inside

Digital Twins in the Oil and Gas Industry

2min
pages 50-51

The value of avoiding uncertainty in the ground

3min
pages 48-49

De-mystifying digital twins for oil and gas

5min
pages 44-47

A proven path to maximizing trust, confidence and returns on your digital investments

3min
pages 42-43

Incremental digital transformations that reduce time to value

1min
page 41

Advanced Analytics Solutions Drive

4min
pages 38-40

The role of generative AI in the oil and gas sector

4min
pages 36-37

It is time we focused on digital transformation – not just technology

2min
pages 34-35

Enhancing Greece’s strategic and commercial position through natural gas storage capacity development

3min
pages 32-33

Simone Kranendonk: “At the ETCA campus, we have everything we need to make a real impact on the energy transition”

3min
pages 30-31

Journey to a more sustainable future

3min
pages 28-29

DIGITAL TWIN Keeping an eagle eye on oil & gas assets

3min
pages 26-27

Optimising production capabilities with additive manufacturing

2min
pages 24-25

Transmitting safely from the danger zone

2min
pages 22-23

Succeed in the Oil & Gas Industry with These Five Digital Trends

2min
pages 20-21

Rosebank field to progress in the UK

3min
pages 18-19

The Aluminium TwixBeam THE SMART BEAM IN SCAFFOLDING

1min
page 17

SLB Launches first-of-its-kind, easy-toinstall methane measurement instrument

2min
pages 16-17

Chevron CEO talks boosting oil production amid record demand

1min
page 14

ADNOC Takes FID on World’s First Project That Aims to Operate with Net Zero Emissions

2min
page 14

services contract with Petrobras

0
pages 12-13

Production start for Statfjord Øst project

1min
page 12

Aramco to enter global LNG business by acquiring stake in MidOcean Energy

0
page 12

Baker Hughes announces major gas technology equipment order for Venture Global LNG

1min
pages 10-11

bp’s Archaea Energy achieves major milestone, brings online first of its kind renewable natural gas plant

2min
page 10

More gas from Gina Krog with Eirin

2min
page 8
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