- April 30, 2018
April 30, 2018 - The ABB Ability Process Performance Dashboard connects oil and gas firms with ABB’s vast pool of operations experts and advanced data analysis technology.
It enables operators to use the data they are generating to identify and fix performance weaknesses. The cloud-based service measures the performance of oil & gas facilities against various carefully designed indicators, including start-up time and operator interventions.
This data is then analyzed by the 150-strong team of experts at the ABB Ability Collaborative Operations Centre; a recently expanded facility in Oslo, Norway, which provides insights on performance in the oil, gas and chemicals sectors.
Results are fed back via the dashboard, quickly exposing areas of improvement and highlighting services that could address them.
ABB data shows that a well-managed approach to process performance improvement can boost production by around five per cent. On a 50,000-barrel-a-day platform (at US$50 per barrel), this amounts to approximately US$35m in additional annual income.
Digital collaboration - a rising trend in the oil and gas sector – underpins ABB’s offering. Tighter margins and the pressure to adjust to digitalization have seen companies working more closely together in recent years.
Services provided via the dashboard support collaboration between the ABB Collaborative Operations Centre, the customers’ various assets and their operational headquarters.
The ABB Ability Process Performance Dashboard is available now, having been extensively trialed, including by a large oil and gas firm in the North Sea. The company was able to break the world class uptime of 95 per cent across its facilities, on the back of the dashboard and its associated services.
ABB is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally. Continuing a history of innovation spanning more than 130 years, ABB operates in more than 100 countries with about 135,000 employees