GE and Maersk Drilling have announced a partnership to collaborate on a data analytic-driven pilot project with the aim to increase Maersk’s drilling vessels’ productivity and significantly reduce maintenance costs by up to 20 per cent.
The two companies have collaborated to deploy SeaStream Insight, GE’s latest marine asset performance management, powered by Predix. The pilot project will be carried out on one of Maersk Drilling’s XLE rigs and will last for 12 months. Currently, the project has reached its first milestone, with data collected from the rig currently being processed and analysed online.
“Digital capability will be one of the key enablers for Maersk Drilling, and we embrace this industrial transition,” said Jesper Hansen, CIO, Maersk Drilling.
The digital software can help compare assets to assets and provide access to vessel performance against the ideal state. Big data is also translated into clear dashboards with a holistic view of a vessel, which can help operators make more informed decisions. In addition to enhanced productivity, SeaStream Insight will also allow operators to maintain equipment in a more efficient manner.
“With the fast-paced changes of globally connected economies and shifting regional opportunities, marine operators need to transform themselves to be efficient, predictable and nimble. Drawing critical insights from operational data is a crucial first step,” said Tim Schweikert, president and CEO, GE’s Marine Solutions.