Articles and News
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Three Keys for IoT Success – How Asset-Intensive Organizations Can Stay One Step Ahead of Digital Transformation
By Jerry Browning, IFS in North America This article explains how executives at asset-intensive organizations can harness the power of enterprise software to evolve their organizations, adapt to change and take advantage of new revenue opportunities. -
IFS Survey: North American Companies are Investing in Big Data, ERP and IoT to Achieve Digital Transformation
The Digital Change Survey polled 750 decision makers in 16 countries, including more than 120 in North America, to assess the maturity of digital transformation in sectors such as manufacturing, oil and gas, aviation, construction and contracting, and service. -
GE introduces multiple integrated productivity solutions at Minds + Machines Europe
The event outlined GE's intended path to greater productivity for customers who take advantage of advances in the company’s Asset Performance Management (APM) and ServiceMax industrial applications, powered by Predix, GE’s platform for the Industrial Internet. -
MCAA Market Forecast Projects Industry to be worth $14 Billion by 2021
The 2016 Process Instrumentation and Automation market in the United States, valued at $11.7 Billion, is projected to grow 3.6 percent by 2021 to a total of $14 Billion. -
TBG announces acquisition of DTN from Schneider Electric
DTN is an independent source of insight and analysis, and decision-support solutions to more than 80,000 subscribers worldwide in agriculture, oil and gas, trading and weather-sensitive industries. -
Yokogawa to provide process automation tools to Oman petrochemical facility
The Liwa Plastics Industries Complex is being built in Sohar, on Oman’s northern coast. This package order is for 15 analyzer houses and associated analysis systems consisting of process analyzers and sampling instruments. -
OSIsoft announces Softbank acquisition of minority interest
As part of the investment, OSIsoft and SoftBank will collaborate on developing new products and services enabling digital transformation and the Industrial Internet of Things (IIoT), and strengthening OSIsoft’s presence in new markets. -
Rotork provides LP actuators for Middle East oil refinery
One significant order involves the supply of 70 LP range linear pneumatic actuators for the operation of large gate valves. The order for these actuators includes the assembly and factory testing of local control panels with digital valve positioners. -
Emerson announces completion of Total Uncertainty Management program with Statoil
The program focused on how E&P companies can improve history matching, uncertainty management and quantification across the entire reservoir characterization workflow through Roxar Tempest ENABLE, Emerson’s history matching and uncertainty estimation software solution. -
FCI Founders Bob Deane and Mac McQueen named to MCAA Industry Hall of Fame
Bob and Mac began their partnership in 1964 with the development of a thermal flow switch designed to provide service in the the oil/gas industry. Starting in Mac’s home garage, the two engineers improvised with a kitchen candy thermometer, soldering iron, and a bowl of water to prove the validity of their initial sensor concept design and then began manufacturing the devices for a major U.S. oil company. -
GBC Survey analyzes digital transformation of the oil and gas sector
In a recent survey published by GBC, the keynote speakers of the IIoT and Digital Solutions for oil and gas conference (OMV, Eni, Petronas and Halliburton) have mentioned that the mind-set change in integrating the IT in the overall business strategy and the breakdown of cultural and technical silos will leverage the speed of the opportunities in this sector and will deeply transform the legacy operations. -
ABB announces improvements to High Voltage Direct Current (HVDC) Light technology
System design enhancements will bring a step change in compactness, with a potential to deliver 350 percent more power per square meter of space used – suitable in applications like offshore wind or interconnections, in terms of converter station footprint be it on offshore platforms or onshore installations. -
TrendMiner software selected by Total to deliver analytics for refining and chemical activities
With TrendMiner, process and mechanical engineers and operators can identify trends in their processes, look for similar trends in the past, fingerprint operating windows, monitor behavior, send notifications to engineering or control room staff and predict deviations in live processes. -
Yokogawa partners with Dover Energy Automation to introduce "Well Managed" product portfolio
This collection is designed to deliver an optimized business operations solution to customers, allowing both companies to solve challenges across the oil and gas industry. -
Rockwell to share digital automation solutions at Offshore Technology Conference
Visitors to the Rockwell Automation booth (NRG Center, Booth 847) will also learn about the latest control and safety solutions for subsea and topside, including emergency shutdown and blowout prevention. -
Honeywell announces expansion of Russian natural gas plant
The expansion will include new production lines, equipment and training at the company’s existing plant in the Nizhny Novgorod region of Russia. The plant is part of Honeywell’s Elster Gazelektronika business. -
Honeywell Process Solutions helps Pakistani refinery implement cleaner processes
The project’s Honeywell solutions will include licensing, basic engineering design and other associated services for a modular Penex isomerization unit -
Red Trident named as Siemens Solution Partner for Industrial Networks
Red Trident’s RF engineering solutions and services include deploying wireless backhaul networks, conducting full RF spectrum analysis, terrain analysis, signal loss analysis, submitting FCC filings, and designing and managing point-to-point, point-to-multipoint, and static or dynamic mesh networks. -
Emerson donates Reservoir Characterization Software to two Indian universities
The software will help support the next generation of geoscientists throughout India and will be rolled-out to petroleum and reservoir engineer students at both universities. -
Elite Control Systems announces agreement to provide remote process control for Azerbaijani oil field
Elite can access the platform’s fire and gas control system remotely from its headquarters in Livingston, Scotland. As a result, the automated control systems used to operate Chirag operate and allow production to continue without interruption
