MESA Middle East Technical Exchange Meeting held their July 2020 meeting virtually.
The Sustainable Digital Plant Journey in
Challenging Times
Abstract:
Given
the unprecedented demand destruction and consequent margin reduction faced by
Oil & Gas companies this year, reprioritization of Digital Initiatives is
be a key priority for many companies in this sector. Leading Oil & Gas
companies across the world have implemented Digital initiatives across
functions such as HSE, maintenance, operations etc. as part of their journey
towards a ‘Digital Plant’.
Accenture
is a leading global professional services company with annual revenues of over
$43 bn offering a wide range of services covering Strategy & Consulting,
Interactive, Technology and Operations. Accenture’s Energy industry group (www.accenture.com/energy) helps
the world’s leading oil and gas companies transform to compete in today’s
Digital world.
During
this Technical Exchange Meeting, the Accenture team will draw upon their
experience of having worked with leading O&G companies across the world to
present a view of the collection of potential use cases that could be part the
journey towards a Digital Plant for a downstream O&G company. They will
also bring to life this journey through demos of a few selected solutions
covering functions such as HSE, Maintenance and Production.
While
almost all Oil & Gas companies have implemented similar initiatives as
PoCs/Pilots and these have demonstrated the value they can bring, sustaining
and scaling these initiatives has been the real challenge. We believe that one
of key reasons for this has been the absence of a robust IT-OT foundation for
this journey. So, the majority of the session will focus on what it takes to
build a robust IT-OT foundation.
The
IT-OT foundation for the journey towards Digital plant consists broadly of two
parts – an Industrial foundation and a Digital foundation. The Industrial
foundation enables a seamless flow of information between IT and OT
applications to enable core business processes. The Digital foundation
increases effectiveness of decisions through predictive and prescriptive
analytics. The session will review the functional and technical architecture of
these parts and also describe some of the key differences in the methodology to
be followed to build these.
We
believe this session will help any person who is in a Digital/IT/OT function in
an industrial company, especially ones in the downstream O&G space, that is
in the midst or about the embark on a Digital/OT transformation..
Speakers:
Vinay
Shenoy – Industry X.0 Lead Middle East
Marius
Meger – Industry Principal Director
Fadhel
Husain – Business and Integration Senior Manager