Aker signs smart service contract with Cognite and Framo

31 August 2018 (Last Updated August 31st, 2018 12:37)

Norwegian oil exploration and development firm Aker has signed a smart service contract with Cognite and Framo Services to digitalise its Ivar Aasen platform in the North Sea.

Aker signs smart service contract with Cognite and Framo
Aker signs smart service contract. Credit: Aker BP.

Norwegian oil exploration and development firm Aker BP has signed a smart service contract with Cognite and Framo Services to digitalise its Ivar Aasen platform in the North Sea.

The Ivar Aasen platform transmits vast volumes of data back to shore. The interpretation of the data will enable the platform to become technically advanced.

Aker operations, technology and digitalisation vice president Lars Atle Andersen said: “Aker’s vision is to digitalise all our operations from cradle to grave. Key elements are transforming business models and activities through digital technologies and the liberation of data flows.

“The smart service contract with Framo and Cognite is an important milestone on this journey and underpins our ambition to take the lead in digitalisation.”

By leveraging Cognite’s data platform, contextualised live data is supplied from Ivar Aasen, which gives Framo, the supplier of pumps to Ivar Aasen, real-time access to data from their equipment.

Additionally, uninterrupted flow of live offshore data supports onshore monitoring of equipment.

This in turn helps to avoid unnecessary scheduled maintenance activities.

“The new system sends intelligent data on our pumps, so we can predict how the pumps will perform in the future.”

Cognite’s data platform enables Aker to systematise its industrial data to create a digital representation of the industrial reality. As a result, Aker can derive useful insights on its operations and share its data and insights with partners such as Framo and to enable new services and business models.

Framo Services managing director Trond Petter Abrahamsen said: “With Cognite making live and contextualised data available, we at Framo are able to create our own ‘apps’ to predict the status of our equipment, allowing us to plan efficient maintenance. The new system sends intelligent data on our pumps, so we can predict how the pumps will perform in the future.”

“The newly available insights of how the pumps of a specific installation are functioning, results in more efficient maintenance. While our service agreements previously just defined hourly rates, we will now focus on uptime. This is something completely new for us and has required the design of new smart contracts with Aker.”

The ultimate aim of collaboration between Aker, Cognite and Framo seek to alter the traditional approach to maintenance.