Abu Dhabi National Oil Company (ADNOC) has announced the completion of the first phase of its predictive maintenance project that uses artificial intelligence (AI) technologies, such as machine learning (ML) and digital twins.
The large-scale multi-year project, according to ADNOC, is expected to increase asset efficiency across the company’s upstream and downstream operations.
ADNOC’s predictive maintenance platform helps in predicting equipment stoppages and reduces unplanned equipment maintenance and downtime.
Furthermore, it will increase reliability and safety and is expected to ‘deliver maintenance savings’ of 20%.
During the current time of market uncertainty as a result of the pandemic, the adoption of the new technology remains the core strategy of ADNOC in increasing the value from every barrel of oil.
The technology will also deliver the highest possible returns to the UAE, according to ADNOC.
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By GlobalDataADNOC People, Technology & Corporate Support Directorate executive director Abdulmunim Saif Al Kindy said: “We are pleased to have achieved this important project milestone, particularly given the ambitious scale of ADNOC’s predictive maintenance project.
“We are already seeing significant operational benefits and cost savings, and we intend to continue to embrace the power of digitalisation and AI as we further enhance performance and drive value across our business.”
Announced in November last year, the predictive maintenance project is being implemented in four phases, all of which are anticipated for completion in 2022.
ADNOC noted that the project’s first phase comprises the modeling and monitoring of 160 major centrifugal pumps, turbines, motors and compressors across six of its companies.
The project will enable the central monitoring of up to 2,500 critical machines across the companies.
An integral part of the company’s Panorama Digital Command Center at its headquarters, the predictive maintenance platform is implemented in collaboration with Honeywell.
Last month, ADNOC awarded contracts valued at AED1.19bn ($324m) to optimise its onshore field operations and enhance efficiencies.
In the same month, the company announced that announced that Abu Dhabi Pension Fund (ADPF) and state holding company ADQ will invest $2.1bn in ADNOC gas pipeline assets.