FULLY BOOKED WEBINAR: Digitalisation and the Future of Pipeline Integrity

 Registration is closed for this event
Please join Annie Ross and Nigel Curson of Penspen for this webinar. Digital technology is transforming many industries, but this is not the only challenge the industry is facing. The coronavirus pandemic has thrown into sharp relief, the financial challenge the energy industry faces.

 

We have volatile oil prices, resources and revenue are decreasing, while integrity challenges are on the rise. Pipeline integrity management needs to become more adaptable to meet the fast-evolving demands of industry. Leading technology analyst Gartner predicts half of global enterprises using the cloud today will have adopted an all-in cloud strategy by 2021.  What does this mean for pipeline integrity?

We are now in the era of Industry 4.0 and stand to benefit from the technological advances that the fourth industrial revolution represents. Live or real-time data combined with interactive computer modelling, enabled via a cloud infrastructure, present enormous opportunities for pipeline operators to predict and mitigate failure.

In a shift towards implementing a Pipeline 4.0 philosophy, Penspen have developed THEIA, a new digital environment for engineering analytics and services.  Using data science to gain fast insights from data, we can produce types of assessments that have not been done before. Pipeline operators always need to look to the future. It is not sufficient to have to rely on old data that confirms what operators already know, that their pipeline did not fail, but how it might they fail in the future and what strategies they need to adopt to manage this. 

This webinar explores the background of digital transformation within the pipeline integrity industry, the challenges, Penspen’s approach and lessons learned.

 

When
June 23rd, 2020 12:00 PM   to   12:45 PM

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