BEL Sign in Experience the transformative power of 5G HOME TRANSFORMING INDUSTRIES OFFSHORE AND PROCESSING Offshore and Processing The oil and gas industry is under immense pressure to deliver on their commitment to reduce their CO2 footprint and reach net zero emissions. Whilst migrating portfolios to renewable energy production; accelerating end of life for legacy equipment and investing in carbon mitigation technologies and trading offsets, there is also a key role for digitalization in supporting the energy transition. IoT Platform Mission Critical Communications Private networks OVERVIEW Innovate to stay ahead To stay competitive, oil and gas companies face daunting challenges, ranging from maintaining cybersecurity to transforming operations. Knowing that technology is the key to reaching their business goals, organizations are increasing spending across the board, with digital transformation, data analytics, artificial intelligence/machine learning, and IoT leading the charge. Ericsson is helping harness the power of cellular connectivity to optimize business operations through data-driven insights to be safer and use resources most efficiently. Ericsson’s cellular technology is empowering offshore and processing companies to: Create agility by efficiently adapting and responding to change, whenever and wherever you need to Advanced operations by increasing efficiencies of cost, output and energy, and improving worker safety with operational technology Unlock intelligence with real-time data-driven insights to monitor the safety of workers and the health of equipment CREATE AGILITY When oil and gas facilities deploy private cellular networks, reduced downtime and increased productivity make for an overall more cost-effective and efficient operation. Cellular’s enhanced connectivity allows for the real-time monitoring of the condition and performance of critical assets. Operators can detect when equipment is at risk of damage or malfunction, allowing optimal productivity and output levels. High bandwidth connectivity also means more agility, which offers: Next level 5G performance connectivity Access to real-time data Data analysis and data-driven insights for full optimization A fully digitalized ecosystem of IT and OT, with cellular connectivity as the glue linking it all Self-managing, self-maintenance and optimizing its own production with connectivity and Artificial Intelligence Use case Reduce unplanned downtime On average, oil and gas producers experience 32 hours of unplanned downtime every month, costing a single facility $220,000 an hour and $84 million annually.2 Today, 70% of companies lack the awareness of when assets are due for maintenance. By applying asset condition monitoring to pumps and compressors, maintenance sessions can be reduced by 25%, as well as unplanned downtime by 32%. It also extends the life of equipment by 25%. ADVANCED OPERATIONS Safety, productivity, and efficiency are three areas operators are always seeking to improve. Private cellular networks can help by increasing the electrification and automation of critical assets and processes. But also, it can help workers with devices and wearables, which make their jobs easier, faster to complete and safer. While also reducing operational spend by making the workforce more capable and, therefore, productive. Use case Connected safe worker Using mobile device-accessible schematics and plans combined with features like push-to-video will make workers more efficient both on and offsite. After all, a digitally enabled workforce is 8.5% more productive and reduces loss from health and safety incidents by 48%. Overall, companies experience an 8% reduction in operational spend due to the increased effectiveness of a digitally enhanced worker. UNLOCK INTELLIGENCE Data analysis can determine the difference between a rig making a profit or becoming a financial burden. But facilities must be configured to produce data and then collected securely and efficiently. Thankfully, because of cellular connectivity’s ability to bring information home precisely and accurately, soon, we will see the end of putting human life at risk to gather data and inspect sites. Use case More data for better safety Conducting manual site inspections of oil platforms is one of the most hazardous tasks in the industry. The process is time-consuming and results in downtime and loss of production. It also exposes humans to dangerous conditions. High-resolution video drones can easily perform these tasks with much more precision and accuracy and remove humans from potential danger. However, drones require highly reliable and high-bandwidth connectivity to accommodate flight orders and send high-quality imagery and analyses. Only cellular can provide the performance and reliability needed to support them. Drones can reduce inspection times by 90% and downtime costs caused by manual inspections by 65%. Health and safety incidents also decrease, resulting in 35% less cost to the operator. OUR PORTFOLIO Dedicated Networks: Connecting industrial facilities with reliable, secure cellular networks Connect. Manage. Thrive. Privately. Ericsson's high-performance private cellular networks give you total flexibility and control of your business operations - with maximum security. Offering FEATURED CASES Environmental Sustainability Proactive management of topics relating to climate action and environment is a core component of Ericsson’s sustainability strategy. Network energy performance If 5G is deployed in the same way as previous generations to meet the increasing traffic demands, energy consumption of mobile networks would increase dramatically. The Net Zero journey with Mats Pellbäck Scharp, Head of Sustainability The industry is now moving towards a net zero commitment. What does this mean and what initiatives can help support mobile network operators? FEATURED INSIGHTS & EVENTS MIT report outlines the decarbonization impact of connectivity for industries A new MIT Technology Review Insights report explores the enabling impact of connectivity in decarbonizing some of the biggest emitting industrial sectors. Download the report PDF The industrial decarbonization challenge Decarbonizing industries with connectivity & 5G” MIT Technology Review Insights whitepaper evaluates how senior technology, business and renewable energy executives are leveraging cellular technology to achieve environmental sustainability as well as operational efficiency objectives. How smarter industries can help decarbonize our planet Climate change is widespread, rapid and intensifying. If we are serious about reaching net-zero emissions by 2050, we need to accelerate innovations and low-carbon technologies across many sectors. In this context, 5G and other digital cellular technologies play a vital role. MIT report outlines the decarbonization impact of connectivity for industries A new MIT Technology Review Insights report explores the enabling impact of connectivity in decarbonizing some of the biggest emitting industrial sectors. Let's take the journey together We’ll help you get connected. Contact Ericsson PART OF ERICSSON GROUP Cradlepoint Emodo inCode Consulting Red Bee Media INFORMATION FOR Industry analysts Investors Media Partners Policy makers Sourcing GET IN TOUCH Extranet support Contact us +46 10 719 00 00 Find Ericsson offices Modern Slavery Statement | Privacy | Legal | Cookies | © Telefonaktiebolaget LM Ericsson 1994-2021