Displaying items by tag: Kongsberg Digital

Kongsberg Digital has launched a new application at ADIPEC, which will enable operators in the energy sector to follow their key performance indicator (KPI) progress on drilling and well operations in real time.

Invisible lost time (ILT) – the difference between actual operational duration and a best practice target - is a known challenge when delivering wells. Without effective measurement, it is impossible to optimize best practice processes. KPIs are a proven method of increasing well delivery time efficiency and reducing costs through target-driven metrics. By using a proprietary algorithm, real time data and conditions-based logic can be integrated, analysed, and applied to track bespoke KPIs and identify further areas for efficiencies across teams, processes, and technology.

This holistic, target driven performance analysis across multiple operations, covering various rigs and wellbores, quickly removes human bias and monitors real time performance, providing a high level, easy to interpret view of project status.

As an industrial software company, Kongsberg Digital provides SaaS solutions to enable asset-to-cloud data infrastructure, automatic contextualization, capturing and aggregating quality data cost-effectively and securely.

The KPI application will be offered as part of the company’s innovative SiteCom platform, utilizing its Industrial Work Surface to provide a complete ecosystem for safer and reliable drilling and wells operations, leveraging decades of experience and complex data to enable effective and efficient decision-making.

By combining crew information and operational reporting, Kongsberg Digital KPI application benefits from an additional layer of qualification and testing.

Pedro Alcântara Nunes Neto, Senior Vice President at Kongsberg Digital, said: “Providing the industry with a joint Industrial Work Surface to optimize workflows and operations is how digitalization really proves its value. Our new KPI application proactively conceptualizes holistic solutions to provide real-time data, predictive tools, processes, and expertise to our customers’ fingertips, ensuring workers are able to translate real-time data on performance indicators into appropriate actions, across the world.

“ADIPEC is an important and strategic event for Kongsberg Digital. The UAE and the wider region are vitally important to ensure global energy security, and one in which we want to extend our geographic footprint.”

Kongsberg Digital is exhibiting on stand 9110 at ADIPEC as part of the Innovation Norway delegation.

KONGSBERG DIGITAL
Kongsberg Digital is a provider of next-generation software and digital solutions to customers within maritime, oil and gas, and renewables and utilities. The company consists of more than 1000 software experts with leading competence within the internet of things, smart data, artificial intelligence, maritime simulation, automation, and autonomous operations.

Follow us on: www.kongsberg.com/digital

Kongsberg Digital, a global provider of industrial software and digital solutions, has launched SiteCom Trip Risk, the company’s latest product to provide up-to-date well insights for drillers.

During the Offshore Northern Seas (ONS) exhibition in Stavanger this week, Kongsberg Digital launched the SiteCom Trip Risk application – a new application for well operations.

The interactive application - part of Kongsberg Digital’s SiteCom Discover Portal (SDP) platform for well operations - provides users with the latest information for navigating wellbores, improving operational efficiency, visibility, and risk management. Having a digital holistic overview of a well saves operators time and cost, while reducing overall emissions and facilitating remote team communications between on and offshore operations.

Historically, trip risk assessments have been static documents, periodically updated and exported as a report for operation teams. SiteCom Trip Risk facilitates ongoing interaction between the subsurface and operation teams, keeping the operational status relevant and up-to-date.

SiteCom Trip Risk enables a dynamic presentation of the string within the well, highlighting key operational observations and relevant data to the driller. Given that this information is retained in the database and not in an offline report, it can be used in knowledge transfer to facilitate continuous improvement of future wells.

This is the latest application available on the SiteCom SDP platform, which offers a series of solutions leveraging contextualization, operational insights and reduced admin overhead for the users. Trip Risk, used in combination with the company’s interactive Lithology Editor and Data Editor applications, streamlines the workflow required to deliver trip risk, freeing up valuable time for operations geologists and other contributors

“We are constantly striving for the highest level of integrity and efficiency for well operations via our digital solutions, and SiteCom Trip Risk is testament to that,” said Stig Wølstad-Knudsen, VP Products at Kongsberg Digital. “It will provide our customers with a data-rich, integrated view of well operations - seamlessly working together within the SiteCom work surface. We are proud to continue our contribution to safe, efficient, and collaborative operations to market.”

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About Kongsberg Digital

Kongsberg Digital is a provider of next-generation software and digital solutions to customers within maritime, oil and gas, and renewables and utilities. The company consists of more than 700 software experts with leading competence within the internet of things, smart data, artificial intelligence, maritime simulation, automation and autonomous operations. Kongsberg Digital is the group-wide center of digital expertise for KONGSBERG.

www.kongsberg.com/digital/products/oil-and-gas/

www.kongsberg.com  

Interconsult Bulgaria Ltd (ICB), a software developer and supplier of process modeling, software architecture design, quality assurance and 3D modeling and design, has been acquired by Kongsberg Digital.

Kongsberg Digital is experiencing significant commercial traction across our three digital divisions Digital Energy, Digital Wells, and Digital Ocean. To support the roll-out of our leading digital positions in Energy and Maritime and to support the growth into Renewables, KDI is ramping-up the development capacity.

The acquisition agreements were signed 26^th of April 2022. The full acquisition is completed after 2 years, with KDI effectively acquiring 65 per cent of the company now.

ICB will serve as KDI’s European development hub for software development to attract and develop key talent to deliver into existing projects and support KDI’s vision to accelerate the green shift by digitalizing the worlds industries. ICB has proven solid delivery and highly skilled developers through the long-lasting relationship with Kongsberg Group starting already in 2004 supporting on a range of products.

“ICB has delivered high value into a wide range of products for KDI, and they are an important and trusted partner. Their ability to solve problems and deliver efficiently with high quality will be crucial going forward. ICB has also shown that they can attract and retail real talent in a highly competitive market, which is key to establishing ICB as a European location for growth. Bringing ICB onboard as a KDI company will strengthen our team and support our journey ahead,” says Hege Skryseth, President Kongsberg Digital.

“Kongsberg Digital has been an important partner for ICB through many years and represents the natural way forward for our company. This will bring opportunities to continue innovation and together we will strengthen our product development for the future,” says Stoyan B. Boev, CEO of ICB

ICB offers highly innovative and skilled personnel complementary to KDI, with focus on IoT, visualization, AI and machine learning within the maritime and energy domain. ICB is also considered a good platform for future recruitments and ramp-up, with high standard office premises, a people-first culture. Bulgaria is considered attractive as it is close-to-home and offers access to highly talented people with a high ranking on Software Engineering Statistics.

Through the acquisition of ICB, we expand and strengthen our long-lasting partnership going back to 2004 for developing Kongsberg Digital SaaS products. ICB represents developers and technologists with deep software knowledge and extensive experience in industrial business domains. The company is technology and developer-driven, with a curious and dedicated mindset. The expertise in the latest technologies such as AI/ML, industrial IoT, Cloud, and VR/AR is a perfect fit with the Kongsberg Digital software culture. The acquisition enables us to expand and develop our Kongsberg Digital SaaS products such as the Kognitwin Energy digital twin product, the SiteCom drilling solutions, the maritime simulators, and the Vessel Insight ecosystem.

ICBs head quarter is located in Sofia, Bulgaria, with smaller offices in Plovdiv, Kyustendil and Blagoevgrad mainly to broaden recruitment footprint and increase attractiveness as an employer. ICB consists of about 150 employees serving mainly Scandinavian customers and will be a great extension to the growing KDI team now consisting of more than 760 employees globally. The company was founded in 1996 and owned by founder and CEO Stoyan B. Boevand Technical Director Atanas Golev.

The acquisition agreements were signed 26^th of April 2022.

KONGSBERG DIGITAL
Kongsberg Digital is a provider of next-generation software and digital solutions to customers within maritime, oil and gas, and renewables and utilities. The company consists of more than 700 software experts with leading competence within the internet of things, smart data, artificial intelligence, maritime simulation, automation and autonomous operations.

INTERCONSULT BULGARIA Ltd
For more than 26 years ICB has been providing software development and consultancy services to market-leaders in Scandinavia, Western Europe, and North America. Our company’s client-centric and agile approach has helped us become one of the most successful companies in the Central and Eastern Europe (CEE) region. ICB has received the Information & Document Management Solution Provider for 2016 of the year award at IT Europa, the Innovation Hub of Bulgaria for 2013. ICB was recognized also as the Channel IT Company of 2010 at the prestigious IT Excellence award ceremony and has been awarded with the Seal of E-Excellence Award on the CeBIT Hanover Fair 2011. Find out more about our history and philosophy on the next pages.

The purpose of the agreement is to provide an enterprise-scale solution for real time data aggregation and visualization, helping Aker BP to improve performance, safety and optimize well operations.

Kongsberg Digital (KDI) is pleased to announce that it has signed a new extended contract with Aker BP to further strengthen the operator’s digital solutions. Building on an existing collaboration that has been ongoing since Aker BP was established, KDI will continue to contribute in accelerating Aker BP’s digitalization process by enabling real-time cloud-based data access, supporting decision-making, and improving efficiency.

“We are happy to further strengthen our collaboration with Aker BP through this extended agreement”, says Pedro Alcântara, SVP Digital Wells, Kongsberg Digital. “We appreciate that Aker BP continue to place their trust in the quality and performance that we offer with SiteCom”.

SiteCom- The industrial work surface for well operations by KDI

The SiteCom Enterprise Cloud is a centralized repository for real-time and historical data from drilling and well operations with an advanced platform where subscribers get access to powerful “plug and play” applications. The new agreement is delivered as a Software as a Service (SaaS), allowing Aker BP to scale according to operational requirements.

“It suits us to be the first company to take advantage of SiteCom Enterprise Cloud and the opportunities it enables. This will liberate more data and is another step in the digital transformation of our industry – a transformation where we not only intended to be first, but also best”, says Tommy Sigmundstad, SVP Drilling & Wells, Aker BP.

The contract was signed between Kongsberg Digital and Aker BP on 2^nd November 2021, and the upgraded system integrations are expected to take place within the coming months.

SiteCom by Kongsberg Digital

Kongsberg Digital is a market leader in vendor neutral software solutions for oil & gas operators. The SiteCom Cloud has been built using the latest technology within cyber security and cloud technologies. With two decades of experience from utilization of real time data from drilling and well operations, SiteCom ensure robust and secure data transfer from client rigs to be accessed from any client location.

KONGSBERG DIGITAL
Kongsberg Digital, a subsidiary of KONGSBERG, is a provider of next-generation software and digital solutions, to customers within maritime, oil and gas, and renewables and utilities. The company consists of more than 500 software experts with leading competence within the internet of things, smart data, artificial intelligence, maritime simulation, automation and autonomous operations. Kongsberg Digital is the group-wide center of digital expertise for the KONGSBERG group.

KONGSBERG

KONGSBERG (OSE-ticker: KOG) is an international, leading global technology corporation delivering mission-critical systems and solutions with extreme performance for customers that operate under extremely challenging conditions. We work with nations, businesses and research environments to push the boundaries of technology development in industries such as space, offshore and energy, merchant marine, defence and aerospace, and more. KONGSBERG has about 11,000 employees located in more than 40 countries, creating a total revenue of NOK 25.6bn in 2020.

Follow us on: kongsberg.com

Aker BP

Aker BP is an independent E&P company with exploration, development and production activities on the Norwegian Continental Shelf. Aker BP is the operator of Alvheim, Ivar Aasen, Skarv, Valhall, Hod, Ula and Tambar. The company is also a partner in the Johan Sverdrup field. Aker BP is headquartered at Fornebu, Norway, and is listed on the Oslo Stock Exchange under the ticker 'AKRBP'. More about Aker BP at www.akerbp.com.

FutureOn, the global energy software company, has just announced a strategic partnership with Kongsberg Digital (KDI), the digital division of the Kongsberg Group, strengthening its position as a leading international digital twin software provider.

The partnership will bring together FutureOn’s FieldTwin and KDI’s Kognitwin platforms, supporting a comprehensive approach for designing, building and operating digital twins for energy projects.

Central to the partnership will be a focus on energy transition through the development of digital twins for renewable projects. This will include emerging sectors such as offshore wind, green hydrogen and carbon capture solutions, where many oil and gas operators are seeking solutions as part of diversification strategies.

This new partnership fully complements FutureOn’s existing partnership with Bentley Systems (NASDAQ: BSY) and its iTwin® platform, and positions FutureOn as a leading provider of integrated digital twin technology to the global energy industry.

To support the partnership KDI will invest a total of $4.5M (USD) in a single tranche investment, and join Bentley Systems as a strategic minority investor.

The collaboration with KDI also enhances FutureOn FieldTwin’s ability to integrate with other solutions, positioning it as the digital twin platform of choice for energy companies. This adaptability and compatibility with legacy systems is critical to accelerating the uptake of digital twin technologies.

Earlier this year, Accenture listed digital twins as a top-five technology trend for 2021 and the technology is widely recognised as an enabler for emissions reduction and decarbonisation. This interest has been reflected in FutureOn’s customer success, with more than 15 leading international energy companies now using its digital twin technology, with several more now finalizing their decision to adopt the FieldTwin open API platform as a core component of their digital twin strategy.

(l-r) Pål Roppen, CEO FutureOn AS; Hege Skryseth, EVP Kongsberg Group ASA and President Kongsberg Digital; Geir Håøy, President & CEO, Kongsberg Group ASA.

Pål Roppen, CEO at FutureOn, commented:

“This new strategic partnership and investment from Kongsberg Digital enables us to continue providing streamlined and effective operations for our valued customers.”

“We are excited to bring together the powerful capabilities of KDI’s Kognitwin alongside our already strong partnership with Bentley Systems and its iTwin platform. This positions our award-winning FieldTwin solution as one of the leading integrated digital twin solutions in the global energy industry.”

FutureOn’s goal is to support its customers to achieve their net zero ambitions, using its data-driven, cloud-based platforms. By using FutureOn’s digital solutions, energy companies can gain significant efficiency improvement, create savings across CAPEX and OPEX and reduce the environmental impact of their operations. 

Kongsberg Digital joins Bentley on the FutureOn Board as a strategic minority shareholder.

Hege Skryseth, President of Kongsberg Digital and EVP KONGSBERG commented:

“We are very excited to contribute with our Kognitwin platform and invest in this forward-looking project together with Bentley Systems. By integrating our solutions with FutureOn’s FieldTwin platform, we will support energy innovation at the core and function as a digital accelerator of the energy industry’s shift towards net zero.”

Santanu Das, Chief Acceleration Officer, Bentley Systems said:

“The addition of Kongsberg Digital to our partnership with FutureOn is very promising. Over the past year, FutureOn has made significant progress leveraging our open iTwin® platform to accelerate FieldTwin solution development for offshore energy and renewables projects. We look forward to collaborating with both FutureOn and Kongsberg Digital in the development of open, user-focused digital twin solutions.”

About FutureOn

Experts in data visualization, FutureOn emerged from Xvision in 2016 to become a standalone provider of state-of-the-art visual engineering for the global energy sector. The company transforms the performance of complex capital projects with cutting-edge visualization and collaboration technology enabling the energy industry transition to Net Zero.   

FutureOn is proud to offer its global customer base industry-leading software solutions to create digital twins that deliver a complete asset visualization and integrated data model that unlocks value through increased efficiency, improved safety, reduced costs, risk mitigation, lower emissions and increased uptime.

About Kongsberg Digital

Kongsberg Digital, a subsidiary of KONGSBERG, is a provider of next-generation software and digital solutions, to customers within maritime, oil and gas, and renewables and utilities. The company consists of more than 500 software experts with leading competence within the internet of things, smart data, artificial intelligence, maritime simulation, automation and autonomous operations. Kongsberg Digital is the group-wide center of digital expertise for the KONGSBERG group.

About Kongsberg

KONGSBERG (OSE-ticker: KOG) is an international, leading global technology corporation delivering mission-critical systems and solutions with extreme performance for customers that operate under extremely challenging conditions. We work with nations, businesses and research environments to push the boundaries of technology development in industries such as space, offshore and energy, merchant marine, defence and aerospace, and more. KONGSBERG has about 11,000 employees located in more than 40 countries, creating a total revenue of NOK 25.6bn in 2020.

The objective of the agreement is to collaborate and accelerate digital solutions and transformation for well delivery and performance.

“We are very excited to enter into this new strategic partnership agreement with Shell International and enable the digital transformation of their well business. We believe the partnership approach is a significant reason why we have successfully created tools for digital transformation that work for our customers, and that have broad application across the industries they are in. We already have a strong relationship with Shell on energy production and look forward to replicating that model to enable transformation of another segment”, says Hege Skryseth, President of Kongsberg Digital and EVP KONGSBERG.

Kongsberg Digital has, during the previous few years, put together a substantial digital roadmap for oil and gas companies, supporting digitalization within the industry. This strategy has been founded on agile methodologies, open ecosystems, data integration, and people centric solutions. Shell has utilized Kongsberg Digital’s real-time data products in their global wells portfolio for several years. Now, they are undertaking a digital transformation of their wells business with a strong need for digital solutions.

Shell and Kongsberg both have a long track record of innovations over 100 years.  We are excited to formalize our collaboration on the next generation projects in Wells IoT and Shells wider Digital transformation.  Advances in cloud technology, ML delivery and visualization techniques open up opportunities to improve operational safety and decision making.  This will position both companies at the forefront of drilling and wells digital journey, says Jon Crane, Vice President of Wells Digital in Shell International.

The agreement is to align initiatives across the overall life cycle for well deliveries, through planning, execution and reporting by shared visibility into each other’s roadmap and to increase the creation of market driven applications.

The Strategic Partnership Agreement was signed June 2021.

KONGSBERG DIGITAL

Kongsberg Digital, a subsidiary of KONGSBERG, is a provider of next-generation software and digital solutions, to customers within maritime, oil and gas, and renewables and utilities. The company consists of more than 500 software experts with leading competence within the internet of things, smart data, artificial intelligence, maritime simulation, automation and autonomous operations. Kongsberg Digital is the group-wide center of digital expertise for the KONGSBERG group. www.kongsbergdigital.com

KONGSBERG

KONGSBERG (OSE-ticker: KOG) is an international, leading global technology corporation delivering mission-critical systems and solutions with extreme performance for customers that operate under extremely challenging conditions. We work with nations, businesses and research environments to push the boundaries of technology development in industries such as space, offshore and energy, merchant marine, defence and aerospace, and more. KONGSBERG has about 11,000 employees located in more than 40 countries, creating a total revenue of NOK 25.6bn in 2020.

Through the research project KogniGrid, Kongsberg Digital has investigated how digital twins can be used to ensure optimal operation of power grids. As a result, Kongsberg Digital recently launched a digital twin for power grids, called Kognitwin Grid. BKK Nett, have now signed an agreement on a six-month R&D project to further  develop and test Kognitwin Grid.

Based on the company's proprietary digital platform Kognifai, Kongsberg Digital has developed the SaaS product, Kognitwin Grid, in close collaboration with industry and research partners. This is a digital twin of the power grid, which provides insights and forecasts to identify grid bottlenecks, simulate grid scenarios and optimize grid investments​.

The focus has been to give operators the ability to foresee challenges to the grid infrastructure, automate alerts and complex processes, to ensure complete control and pave the way for the digitalized energy system of the future.

“While an increasing part of the world's energy systems and the means of transport are becoming electric, the pressure is increasing on the power grid infrastructure, which is not built to handle the new complexity. One of the solutions is to keep building out grids for maximum capacity, resulting in more costly infrastructure and thus more expensive electricity for consumers. Digital twins enable precise and data-driven real-time insight so that operators can forecast specific needs, introduce measures to balance the network and prevent black-outs without building it out”, says Hege Skryseth, President of Kongsberg Digital and EVP KONGSBERG.

Collaboration enables the green shift

Kognitwin Grid is a direct result of the KogniGrid project, launched in 2018, as a collaboration with BKK Nett, Tensio (NTE Nett), Statnett, Microsoft and SINTEF. BKK Nett has now signed a new six-month research project for further development and testing of Kognitwin Grid.

“The grid operators hold the key to solving the challenges on the power grid and thus contribute to the green shift. We are pleased that BKK Nett will continue the close collaboration with us through Kognitwin Grid so that we together can find solutions that enable increased electrification of the society”, says Skryseth.

Project manager R&D in BKK Nett, Eivind Flatlandsmo, says that they have learned a lot during the 3.5 years the project has been running. They are therefore looking forward to the further collaboration with Kongsberg Digital.

“One of our strategic goals is to become more data-driven in the decision-making processes for development, management and operation of the power grid. This requires large amounts of data and information from various sources, which in turn requires new tools and methods to generate the insight we need. Fundamental to everything is data quality and information security, without this we cannot rely on the results produced or the software itself", says Eivind Flatlandsmo, project manager R&D in BKK Nett.

"We have acquired valuable knowledge and experience from the close cooperation with the partners in the KogniGrid project over a period of 3.5 years. We now know more about what a digital twin is, the work required to create a twin of value, and the potential the twin enables. The project has also given us a picture of our digital maturity level, the capacity for development and implementation of new solutions. This requires the two most important resources we have and always want more of: people and time.

We are proud to continue our collaboration with Kongsberg Digital. We want to contribute to the green shift that challenges today's power grid. To solve this, we need help. We cannot solve all our challenges alone”, Flatlandsmo concludes.

Last week, Kongsberg Digital entered into a similar agreement with Tensio, which was also involved in the KogniGrid project. The agreement with Tensio includes a six-month trial of Kognitwin Grid.

KONGSBERG DIGITAL

Kongsberg Digital, a subsidiary of KONGSBERG, is a provider of next-generation software and digital solutions, to customers within maritime, oil and gas, and renewables and utilities. The company consists of more than 500 software experts with leading competence within the internet of things, smart data, artificial intelligence, maritime simulation, automation and autonomous operations. Kongsberg Digital is the group-wide center of digital expertise for the KONGSBERG group.

KONGSBERG

KONGSBERG (OSE-ticker: KOG) is an international, leading global technology corporation delivering mission-critical systems and solutions with extreme performance for customers that operate under extremely challenging conditions. We work with nations, businesses and research environments to push the boundaries of technology development in industries such as space, offshore and energy, merchant marine, defence and aerospace, and more. KONGSBERG has about 11,000 employees located in more than 40 countries, creating a total revenue of NOK 25.6bn in 2020.

Follow us on: kongsberg.com, Facebook, Twitter and LinkedIn

BKK NETT

With about 260,000 customers and a power grid that covers approx. 22,000 kilometers, BKK Nett is one of Norway's largest electricity suppliers with an offensive growth strategy in Western Norway. The company puts customers at the center and digitizes the power grid for efficient and future-oriented operations in a modern society. To ensure a stable power supply, BKK Nett conducts continuous maintenance of power grids and plants. The company is building a future-oriented power grid in line with the social development in Western Norway.

BKK is structured as a group with BKK AS as the parent company. The group is organized into four business areas: Innovation and Development, Production, Network and Entrepreneur, and Market.

Major Brazilian drilling contractor Ocyan has selected Kongsberg Digital’s SiteCom® software to provide real-time drilling data from their rigs.

“We are very happy Ocyan has decided to use SiteCom for making data available in WITSML. As an operator, having access to complete, standard data in one system is a prerequisite to digitalize and automate processes in scale. Ocyan’s requirements for real-time data shows the robustness and versatility of SiteCom as a data collection software for the industry”, said Kristian Hernes, SVP Digital Wells, Kongsberg Digital.

Ocyan is one the largest drilling contractors in Brazil with an offshore fleet in service for major operators in the area. From now on, their rigs will be using Kongsberg Digital’s SiteCom solution to collect and convert data from different data sources making standard data available for Ocyan´s main data platform Ocyan SMART. Besides the Drilling Control System, rigs are also configured to receive marine data, data from dynamic positioning systems, ocean current meter systems, and will be integrated with third parties for calculating drilling riser fatigue.

“SiteCom is helping Ocyan to have a reliable and robust system onboard, connected to multiple sources and different protocols, converting data to WITSML standards in order to meet our Client’s requirements”, said Rodrigo Chamusca Machado, Technology and Innovation Manager, Ocyan.

About Kongsberg Digital

Kongsberg Digital is a provider of next-generation software and digital solutions to customers within maritime, oil and gas, and renewables and utilities. The company consists of more than 500 software experts with leading competence within the internet of things, smart data, artificial intelligence, maritime simulation, automation and autonomous operations. Kongsberg Digital is the group-wide center of digital expertise for KONGSBERG.

www.kongsberg.com/digital/products/oil-and-gas/

www.kongsberg.com