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		<title>BP and GE launch new offshore digital technology with plans to deploy globally</title>
		<link>https://www.powergenadvancement.com/press-statements/bp-and-ge-launch-new-offshore-digital-technology-with-plans-to-deploy-globally/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=bp-and-ge-launch-new-offshore-digital-technology-with-plans-to-deploy-globally</link>
		
		<dc:creator><![CDATA[ADYuv]]></dc:creator>
		<pubDate>Tue, 15 Nov 2016 00:00:00 +0000</pubDate>
				<category><![CDATA[Europe]]></category>
		<category><![CDATA[Hydro Power]]></category>
		<category><![CDATA[Press Statements]]></category>
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		<category><![CDATA[BP]]></category>
		<category><![CDATA[GE power]]></category>
		<guid isPermaLink="false">http://powergenadvancement.com/?p=681</guid>

					<description><![CDATA[<p>BP and GE announced the start-up of Plant Operations Advisor (POA), a new digital solution designed to improve the efficiency, reliability and safety of BP’s oil and gas production operations. Plant Operations Advisor is already helping BP manage the performance of one of its platforms in the Gulf of Mexico and, subject to a successful [&#8230;]</p>
The post <a href="https://www.powergenadvancement.com/press-statements/bp-and-ge-launch-new-offshore-digital-technology-with-plans-to-deploy-globally/">BP and GE launch new offshore digital technology with plans to deploy globally</a> appeared first on <a href="https://www.powergenadvancement.com">Power Gen Advancement</a>.]]></description>
										<content:encoded><![CDATA[<p><span style="font-size: 10pt;">BP and GE announced the start-up of Plant Operations Advisor (POA), a new digital solution designed to improve the efficiency, reliability and safety of BP’s oil and gas production operations.</p>
<p>Plant Operations Advisor is already helping BP manage the performance of one of its platforms in the Gulf of Mexico and, subject to a successful pilot, it will be deployed next year to other BP facilities around the world.</span></p>
<p><span style="font-size: 10pt;"><br />
The tool, built on GE’s Predix operating system, was created as part of a development partnership the two companies announced in January.</span><br />
<span style="font-size: 10pt;"><br />
“BP gravitates toward new technologies, especially digital, and that makes working with them particularly exciting,” said Lorenzo Simonelli, president and CEO, GE Oil &amp; Gas. “We are taking a big step forward together during this time of digital transformation, deploying what we’ve co-created over the past year to drive the kind of productivity improvements that the oil and gas industry needs. The global deployment is expected to be the largest-scale deployment of GE’s Predix-powered APM technology to date.”</span></p>
<p><span style="font-size: 10pt;"><br />
Plant Operations Advisor will help prevent unplanned downtime and improve facility reliability by helping engineering teams respond quickly to issues as they occur in real-time.</span></p>
<p><span style="font-size: 10pt;"><br />
“By bringing together some of the best minds at GE and BP, we were able to develop this innovative digital product and are confident that it will have a significant impact on our business,” said Ahmed Hashmi, BP’s Head of Upstream Technology. “When fully deployed, these advanced digital technologies will change the way we work and improve the integrity and performance of our assets around the globe.”</span></p>
<p><span style="font-size: 10pt;"><br />
Using GE’s Predix and Asset Performance Management (APM) capabilities, POA rapidly integrates operational data from producing oil and gas facilities to deliver notifications and analytical reports to engineers so they can identify operational performance issues before they become significant.</span></p>
<p><span style="font-size: 10pt;"><br />
The system provides simplified access to a variety of live data feeds and includes visualization capabilities including a real-time facility threat display. It also incorporates an extensive case management capability to support learnings from prior operational issues.</span><br />
<span style="font-size: 10pt;"><br />
GE intends to offer this technology, which combines big data, cloud hosting, and analytics on both individual pieces of equipment as well as the entire production system, as an APM solution that will be available to the industry. </span></p>
<p><span style="font-size: 10pt;"><strong>About BP: </strong></span><br />
<span style="font-size: 10pt;">Over the past 10 years, BP has invested more than $90 billion in the U.S. – more than any other energy company. BP is a leading producer of oil and gas and produces enough energy annually to light nearly the entire country for a year. Employing about 14,000 people across the country, BP supports more than 130,000 additional jobs through all of its business activities.</span></p>
<p><span style="font-size: 10pt;"><br />
<strong>About GE </strong></span><br />
<span style="font-size: 10pt;">GE is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the &#8220;GE Store,&#8221; through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. <a href="http://www.ge.com" target="_blank" rel="noopener">www.ge.com</a></span></p>
<p><span style="font-size: 10pt;"><br />
<strong>About GE Oil &amp; Gas</strong></span><br />
<span style="font-size: 10pt;">GE Oil &amp; Gas is inventing the next industrial era in the oil and gas sector. In our labs and factories, and in the field, we constantly push the boundaries of technology to solve today’s toughest operational &amp; commercial challenges. We have the skills, knowledge and technical expertise to bring together the physical and digital worlds to fuel the future. Follow GE Oil &amp; Gas on Twitter @GE_OilandGas or visit us at <a href="http://www.geoilandgas.com">www.geoilandgas.com</a></span></p>
<p>&nbsp;</p>
<p><span style="font-size: 10pt;"><br />
<strong>Further information:</strong></span><br />
<span style="font-size: 10pt;">BP Press Office, </span><br />
<span style="font-size: 10pt;">Houston +1 281 366 4463, </span><br />
<span style="font-size: 10pt;"><a href="mailto:uspress@bp.com">uspress@bp.com</a></span></p>
<p>&nbsp;</p>
<p><span style="font-size: 10pt;"><strong>GE: </strong></span><br />
<span style="font-size: 10pt;">Ray Lapena, </span><br />
<span style="font-size: 10pt;">+1 303 956 2947, </span><br />
<span style="font-size: 10pt;"><a href="mailto:ray.lapena@ge.com">ray.lapena@ge.com</a></span></p>
<p>&nbsp;</p>The post <a href="https://www.powergenadvancement.com/press-statements/bp-and-ge-launch-new-offshore-digital-technology-with-plans-to-deploy-globally/">BP and GE launch new offshore digital technology with plans to deploy globally</a> appeared first on <a href="https://www.powergenadvancement.com">Power Gen Advancement</a>.]]></content:encoded>
					
		
		
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