Baker Hughes, a GE company announced a series of new gas technology contracts and digital partnerships at its Annual Meeting in Florence, Italy.
The digital partnership BHGE announced in Florence it with Shell that will help enhance operator’s field planning to enable faster, more cost-effective decisions.
BHGE has jointly developed JewelSuite, which is revolutionising the way Shell executes field development planning by integrating data and workflows from seismic interpretation all the way through to geological modelling. This allows Shell to reduce uncertainties on well placement, reserves estimation, and production planning.
“Digital Technologies have been an important feature in our industry for years but now the pace of change is increasing dramatically. What used to take years or months to be developed and deployed, can now take only weeks,” said Harry Brekelmans, director Shell Projects and Technology.
BHGE also announced two deals that further underline the company’s leadership in gas technologies. One of the deals will help maintain BHGE's gas leadership position with cutting-edge rotating equipment contracts from Maersk and Vietsovpetro.
“These deals and partnerships show the value of BHGE’s diversified portfolio, which allows us to partner with our customers and develop innovative solutions across the value chain. Our fullstream and integrated offerings are what differentiate us to compete in every segment and sector – upstream, midstream and downstream, brownfield and greenfield, onshore and offshore," said Lorenzo Simonelli, Chairman and CEO of BHGE.