Changing the game: Digitalization in the Oil and Gas Industry

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1 Changing the game: Digitalization in the Oil and Gas Industry Unrestricted Siemens AG 2017 siemens.com/oil-gas

2 Papal election 2005 Page 2 Stefan Source: Blendinger Luca / PD Bruno SLN BD&ST / APTI

3 Papal election 2013 Page 3 Source: Michael Sohn / AP

4 ~2049 ~2023 Page 4 Source: Ray Kurzweil

5 Enablers Sensors Digitalization Automation Electrification Computing power Storage capacities Data analysis Connectivity Page 5

6 The Digital (r)evolution Siemens has been at the forefront since the beginning of the Industrial Revolution 1 st Industrial Revolution 2 nd Industrial Revolution 3 rd Industrial Revolution 4 th Industrial (r)evolution Digitalization Automation Water & Steam Electrification Page 6

7 Siemens realizes Digital Enterprise for Process Industries through Integrated Engineering and Integrated Operations Integrated Engineering optimizes engineering and life cycle management Integrated engineering tools Simulation Common data model Cloud-enabled services and analytics Next generation of Control Digitalization of field level Reliable connectivity Integrated Operations improves productivity and flexibility Concept and FEED Process and plant design Engineering & commissioning Operation Service Page 7

8 Modular Production Facilities for Oil (MPFO) Remote Control O&G MindSphere App Challenge Reduce CAPEX and OPEX Shorten engineering and installation times < 1 year Easy scalability of production Minimal operational team Leverage supplier key expertise Compliance with regulations and zero emissions Solution Modular & mobile process facilities Remote operations & remote expert support Data transparency and decision support (MindSphere App) Zero emissions ~ 20% lower CAPEX and OPEX ~ 70% shorter installation and commissioning time Page 8

9 MPFO MkI from Idea to App to Value 13th of March 6th of March Page 9

10 Future Field Operation Well automation and Reservoir Analytics Mind Apps Reservoir Monitoring Optimization of production Neighborhood Analysis/ Drilling Optimization Optimization of energy consumption Future Service concepts Video Surveillance Learning Systems Existing control room /SCADA Monitoring Alarms Software upgrades Central shutdown Page 10

11 Remote Operations of the Ivar Aasen Field (AkerBP) Challenge Operating offshore production platform in a harsh environment and remote location Minimum offshore operational team Leverage onshore key expertise Condition monitoring to ensure asset uptime and efficient maintenance campaigns Solution Fully integrated Electrical, Automation and Digital solution Onshore operations center for seamless remote operations Advanced condition monitoring of critical equipment Expert support based on real time big data and analytics Lifecycle process simulation and training software Page % less people on the platform 30 % savings Increased recovery

12 Offshore installation trend: Remote Control 1000 km away from offshore Platform Vendor expert support from different onshore locations Offshore Control Room Twin Aker BP Trondheim Siemens A Onshore Control Room Ivar Aasen 1000 km Ivar Aasen Digitalization may increase production by up to 20% Siemens B MindSphere Offshore Maintenance Investments in optimization by digitalization is much cheaper than in mechanical solutions Ivar Aasen Ivar Aasen Partners Management OCR Environment Operation DNV GL Page 12 Siemens C Vendors

13 Thank you! Page 13 Stefan / PD SLN BD&ST TI