The Abu Dhabi National Oil Company (ADNOC) has signed a partnership agreement with US-based Honeywell to use the latter’s asset monitoring and analytics platform to increase integrity across the company’s upstream and downstream operations.
ADNOC’s latest move comes as the company embarks on a major predictive maintenance project, its flagship Centralised Predictive Analytics and Diagnostics (CPAD) programme. CPAD supports the company’s 2030 Strategy and Oil & Gas 4.0 initiatives aimed at transforming its operational efficiency to increase value from each barrel of oil.
Honeywell platform will leverage artificial intelligence (AI) technologies such as machine learning and digital twin software to reduce unplanned equipment maintenance, and improve reliability and safety across its operations.
ADNOC Group CEO Sultan Ahmed Al Jaber said: “Honeywell was selected as our valued technology partner to provide these state-of-the-art solutions after a highly competitive and rigorous process.”
The company will deploy Honeywell Forge Asset Monitor and Predictive Analytics at its Panorama Digital Command Centre in its headquarters. At present, the centre aggregates real-time information across all business units and uses smart analytical models such as AI and big data to produce operational insights.
Honeywell’s technology addition will enable ADNOC to track up to 2,500 pieces of critical rotating equipment across its group companies.
Honeywell chairman and CEO Darius Adamczyk said: “We are proud to partner with ADNOC as they lead the transformation towards Oil & Gas 4.0 and embrace the power of IIoT.
“Honeywell Forge delivers the advanced capabilities business leaders need to harness big data to drive more efficient decision-making and exceed business goals.”
According to ADNOC, the latest project is one of the many digital transformation initiatives announced by the company to keep pace with rising global energy demand and to include advanced technology across its entire value chain.