Siemens Energy and Bentley Systems Develop Project to Reduce Operating Expenses Associated with the Offshore Oil and Gas Industry

Written by Valdemar Medeiros Published on 20/10/2020 at 10:17

Plataforma offshore

The New Service, Known as Asset Performance Management for Oil & Gas, Incorporates Essential Offers from Companies to Help Operators in the Offshore Oil and Gas Industry

Siemens Energy and Bentley Systems announced a joint solution that offers intelligent analytics derived from domain expertise to reduce operational expenses associated with assets in the offshore oil and gas industry.

How Does This New Siemens Energy Project Work?

The APM4O & G solution combines advanced asset performance software capabilities from Bentley (AssetWise) with Siemens Energy’s technology and service expertise to empower operators to improve maintenance and planning operations in the offshore oil and gas industry.

The solution, part of Siemens Energy’s Omnivise digital solutions portfolio, supports maintenance activities across various assets, including onshore compression stations and gas processing plants, as well as offshore production platforms and FPSO vessels.

ARTICLE CONTINUES BELOW

Smart Strategies from Siemens for the Oil and Gas Industry

The APM4O & G solution adopts intelligent strategies based on predictive analytics to optimize maintenance schedules at compression stations and gas processing plants, helping to extend asset life and keep maintenance costs low.

Offshore, the solution helps operators reduce logistical costs associated with unplanned maintenance activities. Operators can also make better use of limited offshore storage and warehousing areas by maintaining only the right replacement stock based on risk-based maintenance strategies.

Asset Monitoring

In addition to monitoring assets, the APM4O&G solution can perform powerful diagnostics and risk analysis scenarios that further optimize plant uptime, including failure mode effect analysis, an operational integrity index of the equipment, and an estimated remaining useful life for an individual component or an entire system.

“APM for Oil and Gas is the latest example of how our strategic alliance with Bentley is delivering value to our customers,” said Laura Anderson, Head of Energy Services Control and Digitalization Business at Siemens.

Siemens Energy and Bentley Systems Develop Project to Reduce Operating Expenses Associated with the Offshore Oil and Gas Industry

The New Service, Known as Asset Performance Management for Oil & Gas, Incorporates Essential Offers from Companies to Help Operators in the Offshore Oil and Gas Industry

Also Read

How Does This New Siemens Energy Project Work?

Smart Strategies from Siemens for the Oil and Gas Industry

Asset Monitoring

In the cold desert of Ladakh, where it hardly rains, engineer Sonam Wangchuk created the ice stupa, a tower that freezes winter water and stores it for irrigating crops in the spring, a simple engineering feat that mimics nature.

Almost 6,000 residents live concentrated along a single street nearly 9 km long in the interior of Poland. Houses form a continuous row, and behind them, narrow agricultural strips emerge, creating one of the most unusual rural patterns in Europe.

They planted a sea of eucalyptus to produce cellulose, but the monoculture turned into a green desert, dried up springs and rivers, and pushed families out of regions in Minas Gerais and Bahia.

Júlia Pimentel, an 11-year-old from Minas Gerais, independently invented a new formula to calculate the square root using simple addition and multiplication, and her method was published in one of the most important mathematical scientific journals in Brazil.

Chinese woman planted trees for decades while sand buried part of her house, received $5,000 from an American in 1999, and helped transform the desert into a forest of 8 million trees in China.

Heir bought 23,000 degraded acres in the Scottish Highlands, fenced the area, planted nearly 1 million native trees, and transformed empty mountains into a forest officially recognized after meeting 15 evaluation criteria over 20 years.

The Atacama Desert, the driest place on Earth, was covered in flowers and turned into a colorful carpet with more than 200 species in the phenomenon called “desert bloom,” when atypical rains awaken seeds that had remained dormant in the soil for many years.

How Much Does Starlink Satellite Internet Cost for Cars, Trucks, and RVs? Prices for Antenna, Accessories, and Plans

99Food Under Investigation by Brazilian Consumer Protection Agency for Lack of Price Transparency, Faces Potential $2.8 Million Fine

15-Year-Old Entrepreneur Malu Lira Publishes 20 Children’s Books on Financial Education, Earns $500,000, and Expands Her Project to the Amazon Rainforest

Brazil’s 2026 Tax Refund: Record 9.58 Million Filers in Largest Payout Ever, But a Key Detail on Priority Recipients Draws Nationwide Attention

U.S. City Builds Tiny Home Village on Water Company Land to House 136 Homeless People: Inside the Social Housing Units

Siemens Energy and Bentley Systems Develop Project to Reduce Operating Expenses Associated with the Offshore Oil and Gas Industry

The New Service, Known as Asset Performance Management for Oil & Gas, Incorporates Essential Offers from Companies to Help Operators in the Offshore Oil and Gas Industry

Also Read

How Does This New Siemens Energy Project Work?

Smart Strategies from Siemens for the Oil and Gas Industry

Asset Monitoring

In the cold desert of Ladakh, where it hardly rains, engineer Sonam Wangchuk created the ice stupa, a tower that freezes winter water and stores it for irrigating crops in the spring, a simple engineering feat that mimics nature.

Almost 6,000 residents live concentrated along a single street nearly 9 km long in the interior of Poland. Houses form a continuous row, and behind them, narrow agricultural strips emerge, creating one of the most unusual rural patterns in Europe.

They planted a sea of eucalyptus to produce cellulose, but the monoculture turned into a green desert, dried up springs and rivers, and pushed families out of regions in Minas Gerais and Bahia.

Júlia Pimentel, an 11-year-old from Minas Gerais, independently invented a new formula to calculate the square root using simple addition and multiplication, and her method was published in one of the most important mathematical scientific journals in Brazil.

Chinese woman planted trees for decades while sand buried part of her house, received $5,000 from an American in 1999, and helped transform the desert into a forest of 8 million trees in China.

Heir bought 23,000 degraded acres in the Scottish Highlands, fenced the area, planted nearly 1 million native trees, and transformed empty mountains into a forest officially recognized after meeting 15 evaluation criteria over 20 years.

The Atacama Desert, the driest place on Earth, was covered in flowers and turned into a colorful carpet with more than 200 species in the phenomenon called “desert bloom,” when atypical rains awaken seeds that had remained dormant in the soil for many years.

Oil production grows in Rio, but reserve replacement raises a warning sign

Petrobras is expected to complete the drilling of the Morpho well in the Foz do Amazonas in August 2026, the first well in the Equatorial Margin, an oil frontier that the ANP estimates at more than 30 billion barrels and could redraw the map of Brazil.

Oil returns to the center of concerns with tension between the US and Iran

IEA reduces forecast for global oil demand in 2026 after impacts of the Middle East crisis

Bank of Japan raises interest rates to 1%, reaching the highest level in over three decades

How Much Does Starlink Satellite Internet Cost for Cars, Trucks, and RVs? Prices for Antenna, Accessories, and Plans

99Food Under Investigation by Brazilian Consumer Protection Agency for Lack of Price Transparency, Faces Potential $2.8 Million Fine

15-Year-Old Entrepreneur Malu Lira Publishes 20 Children’s Books on Financial Education, Earns $500,000, and Expands Her Project to the Amazon Rainforest

Brazil’s 2026 Tax Refund: Record 9.58 Million Filers in Largest Payout Ever, But a Key Detail on Priority Recipients Draws Nationwide Attention

U.S. City Builds Tiny Home Village on Water Company Land to House 136 Homeless People: Inside the Social Housing Units