PGS PARTNERS WITH COGNITE TO OPTIMIZE FLEET PERFORMANCE AND EFFICIENCY

February 21, 2020

Venturing into a new area of the energy sector, Cognite has launched a digitalization project with Norway’s PGS, a leader in subsurface seismic imaging, to optimize its fleet’s performance, energy consumption, and maintenance. PGS provides seismic images and 3D data describing the subsurface beneath the ocean floor, which oil companies rely on to find oil and gas reserves worldwide.
To operate this physically and technologically complex work in ways that improve upon both data-driven insights and efficiency, PGS and Cognite have launched two digitalization work streams aimed to strengthen PGS’s fleet performance. These include refining approaches to optimize fuel consumption and reduce the cost of maintenance by actively monitoring equipment via contextualized data.
“As part of our digital transformation journey we are partnering with Cognite in order to extract the full value of our vessel operations and their assets. The use of data to drive decision making will be key in this process,” says Rob Adams, EVP Operations in PGS.
Both work streams will leverage Cognite Data Fusion’s core technology to extract data from different source systems, making different types of data related to one piece of equipment easily accessible within a single interface. Cognite Data Fusion is a software package that integrates seamlessly with existing IT/OT infrastructures and liberates a wide variety of industrial data from siloed source systems.
PGS ASA and its subsidiaries is a focused marine geophysical company that provides a broad range of seismic and reservoir services, including acquisition, imaging, interpretation, and field evaluation. PGS’s MultiClient data library is among the largest in the seismic industry, with modern 3D coverage in all significant offshore hydrocarbon provinces of the world.
Cognite, based in Houston, is a global industrial AI software-as-a-service (SaaS) company supporting the full-scale digital transformation of heavy-asset industries around the world. Their key product, Cognite Data Fusion (CDF), empowers companies with contextualized OT/IT data to drive industrial applications that increase safety, sustainability, and efficiency, and drive revenue.
(Source and image: Cognite)