Counting the costs of a power and process disturbance to oil and gas operators

Credit to Author: Martin Turk| Date: Wed, 09 Sep 2020 17:05:32 +0000

Loss of production can be a manager’s nightmare.  1 out of 5 refinery shutdowns are caused by power related issues.[1] The electrical equipment at a refinery requires power to operate,… Read more »

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Is IEC 61499 the missing link for Industry 4.0?

Credit to Author: Fabrice Jadot| Date: Wed, 06 May 2020 14:00:18 +0000

The future of industrial automation is wide open. What’s holding us back? Imagine a future where industrial organizations thrive by adapting with agility to ever changing market conditions on both… Read more »

The post Is IEC 61499 the missing link for Industry 4.0? appeared first on Schneider Electric Blog.

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Oil and Gas Report: Keeping Connected Safety Systems Safe

Credit to Author: Guest Blogger| Date: Mon, 21 May 2018 14:00:29 +0000

We are pleased to host Greg Hale, chief editor of ISSSource, as our guest blogger in the Oil & Gas section as he shares the outcome of interviewing several Schneider… Read more »

The post Oil and Gas Report: Keeping Connected Safety Systems Safe appeared first on Schneider Electric Blog.

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Strengthen cybersecurity through a united industry

Credit to Author: Jay Abdallah| Date: Fri, 23 Mar 2018 14:30:26 +0000

Every process requires detail, precision and collaboration. If all of the components of the process aren’t working together, it fails. And that can result in catastrophe. As an example, let’s… Read more »

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New tools accelerate engineering and operations’ impact on Oil and Gas profitability

Credit to Author: Eric Koenig| Date: Mon, 29 Jan 2018 22:19:37 +0000

Over the years, the Oil & Gas industry had come to accept that capital projects involved long execution times, high costs and, in some cases, a high degree of risk. … Read more »

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How the IIoT is Delivering on the Promise of Asset Performance Management Part 3

Credit to Author: John Boville| Date: Wed, 10 Jan 2018 15:53:09 +0000

Part 1 of this 4-part series introduced ways in which increasing digitization might improve plant operations. Part 2: we focused on how IIoT can improve the productivity of reactive, preventive,… Read more »

The post How the IIoT is Delivering on the Promise of Asset Performance Management Part 3 appeared first on Schneider Electric Blog.

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A move towards Industrial Control Software that fulfills the promise of IIoT

Credit to Author: Fabrice Jadot| Date: Tue, 05 Dec 2017 20:34:21 +0000

Over the last several years, much has been communicated across industial sectors regarding the convergence of Information Technology (IT) and Operations Technology (OT).  Concepts such as digitalization, enhanced connectivity, big… Read more »

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New Simulation Tools are Driving Down Oil and Gas Company Operational Costs

Credit to Author: Eric Koenig| Date: Thu, 30 Nov 2017 21:10:19 +0000

According to the World Economic Forum, digital transformation in the Oil & Gas industry could unlock approximately $1.6 trillion of value for the industry, its customers and wider society. Digital… Read more »

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