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The Great Data Transformation:
How the Industry Is Capitalising on Digitalisation
Part 2: Real-Life Examples from Shell, Transocean, and SBM Offshore
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In the first part of this paper, OSIsoft explored how TransCanada, Petronas, and ADNOC Onshore have successfully embarked on a digital transformation with real-time operational data. Now, we’d like to share the success stories from such leading industry players as Shell, Transocean and SBM Offshore who are achieving similar transformational gains from real-time data using the OSIsoft’s PI System.
For many years, Shell has been an innovator and leader in the application of digital technology for improving oil and gas operations. Two decades ago, Shell installed OSIsoft’s PI System to collect sensor-based data from its assets. By 2009, the PI System was at the very heart of Shell’s digital oilfield solution known as “smart fields,” enabling asset modeling, hydrocarbon accounting and real-time collaboration. Four years later, the Anglo-Dutch super-major signed an Enterprise Agreement with OSIsoft to accelerate the benefits from the PI System across the entire company.
Today, the PI System plays a critical role in managing Shell’s huge repositories of operational data as part of its ‘Smart Foundation’ platform. So reliant is Shell on this technology – with over 7.5 million connected devices and reporting a significant amount in cost benefits – that in 2017 the company extended its existing Enterprise Agreement with OSIsoft to encompass even more areas within its operations
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