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READI industry service
Demonstrating O&G digital transformation
Demo no.: 529th of May 2020
The duration of this session is 30 minutes.
Since this is a Teams Live event, your microphone is automatically muted.
Use the grey chat box to the right to post your questions during the session.
Notify us in the chat if you experience connection drop-outs or sound problems.
Please note that the session will be recorded.
Video of the demo will be available on our website readi-jip.org.
READI webinar - before we start
Welcome everyone
to this READI demonstration
of O&G digital transformation
Disclaimer
○ The purpose of these demos is to show status of the ongoing work in the READI JIP
○ This is not the end product, there will be several changes
○ The demo is made to be understandable for most people
Content of this demo
1. READI JIP as a digital transformation project
2. Digitalization of datasheets – what happens then?
3. Demo time:
Verify that a selected pump satisfies design requirements
Check which TechnipFMC subsea Xmas tree (XT) meets Equinor requirements for the Xmas tree (XT)
READI JIP scope – digital transformation of requirements
Digital requirements
READI changes and improves:
• Requirements – being digital machine readable
• Work process – revised and more efficient work process
• Time and effort used to make and understand requirements
READI service
Operator Contractor/supplier
Digital requirements
Digital requirements
1. READI JIP as a digital transformation project
o There are three main features to characterize a project as a digital transformation project:
oUse of new technology
oChanging work processes
oNew business model – the way projects pay, can change
o The READI JIP is transformational and a frontrunner within theinternational oil and gas industry with regards to digitalization
Digital transformation – use of new technology
o Use of the W3C OWL 2 direct semantics standard, enabling use of artificialintelligence
o We combine cloud solution, software as a service, with ontology features
o We’re building the most advanced O&G reference data library, enablingartificial intelligence
o We’re building the most advanced O&G digital requirement method
Digital transformation – changing work processes
o READI transforms exchange of requirements and deliveries of information
o READI enables instant seamless flow of information between actors
o READI enables automatically quality assurance of information
o READI includes and improves the entire value- and supply chain
Digital transformation – payment can be changed
o READI JIP enables new business models – how projects pay
o READI new business models can be:
oREADI service can offer services with different payment
o Purchase a requirement set for a single project
o Purchase subscription of total READI service as a annual fee
oSupplier/contractor can get payed for each requirement they fulfill
2. Digitalization of datasheets – what happens then?
o A datasheet today is a document with attributes
o The attributes in a datasheet are both technical requirements and productinformation
o READI digitalize these attributes into single attributes, being machinereadable
o Then two things happens:o We have digitalized product information (LCI deliveries)o In addition we have also digitalized technical requirements
o Conclusion: READI also enables machine readable digital design basis
3. Our live demo today
○ We have two use cases we will demonstrate today:
1. Verification that a selected pump satisfies the design requirements
2. Check which TechnipFMC subsea Xmas tree (XT) meets Equinor`s requirements for the subsea Xmas tree (XT)
It`s demo time
READI TIRC DemoMay 29th 2020
15
Potential impact of what READI demonstrates
• Enabling an unbroken information value chain – from originator, through design and manufacturing, to the end user
• Opening up for automated engineering, letting computers do the tedious work, freeing up the minds to be creative and find good solutions
• Sharing of resources and knowledge that the industry have in common, and aligning on a common ‘language’ of how we speak requirements
In short: save cost & improve quality
16
What is a Xmas tree
• A very critical piece of equipment on top of the well
• A barrier towards the high reservoir/well pressure
• A means to control the production flow of oil&gas
• A safe interface into the well for doing interventions
TechnipFMC Xmas tree
Basically a xmas tree is a block with various valves and the means to actuate them, either through a remote control system or by means of ROV operation
It`s demo time
Summary of the READI JIP demo today
We have talked about:
READI JIP as a digital transformation project
Digitalization of datasheets – what happens then?
And demonstrated :
Verification that a selected pump, satisfies design requirements
Selection of which TechnipFMC subsea Xmas tree (XT) meets Equinorrequirements for a subsea Xmas tree (XT)
READI contact information
Senior digitalization project manager
Robert Skaar, Equinor
E-mail: [email protected]
Mobile: +47 488 91 667
http://www.readi-jip.org
Head of steering committee
Steinar Mollan, Equinor
E-mail: [email protected]
Mobile: +47 974 19 251
http://www.readi-jip.org
READI project manager
Erik Ostby, DNVGL
E-mail: [email protected]
Mobile: +47 906 74 106
http://www.readi-jip.org
Thank you for your attention, see you on the 12th of June