Energy Efficiency Optimization for Offshore Oil & Gas using ETAP Software

etap.com/ils - What is energy opportunity? In simple terms, it's the combination of emerging technologies on the one side, such as distributed energy resources analytics and distributed ledgers, like blockchain. AI encompasses all of this, to help us make the use of energy more efficient. Finding the right balance between conventional analog methods and technologies and today's data- and AI driven software systems is the key to create energy efficient system and the path to sustainability in all industries, including oil and gas production. With this combination of existing technology and artificial intelligence implemented at Block 5 of Al Shaheen Oil Field, we reduced the energy consumption by 9% and increased the equipment life by 114 hours per months. Meaning, over the duration of one year 480 megawatts of power were saved and less carbon output produced. In this scenario ETAP convers the power and demand management, the flow of power, suggesting the best actions to for self-healing of the network where in conventual systems a breakdown of one component may cause the entire network to shut down. it also supports the addition of new equipment and services to be integrated into the system utilizing the electrical twin model unique to ETAP software.
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