Oil and gas firms turning to digital twins for generating actionable insights
Digital twins can effectively simulate the management of oil and gas assets and forecast potential scenarios.
09 May 2024
09 May 2024
Digital twins can effectively simulate the management of oil and gas assets and forecast potential scenarios.
Oil and gas operations require significant energy input due to the intensive nature of drilling, extracting, processing, and refining. Improving the efficiency of such operations, particularly at refineries, can have a significant impact on Scope 1 and 2 emissions.
A US official has said that Iranian oil is being transported through Malaysia to China.
Shell’s Energy and Chemicals Park Singapore includes integrated refining and chemicals facilities on Pulau Bukom and Jurong Island.
The agreement includes interests in four producing fields: Norne, Skuld, Urd and Marulk, as well as Verdande, which is under development.
The approval has been granted for offshore oil block S-4, which was offered as part of the auction initiated in September 2023.
The assets in question include the Pikka project, alongside interests in the Horseshoe and Quokka fields in the North Slope region.
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