Redha Guedroudj, Petroleum Engineer, Petroleum Experts explains to GEC Media Group’s Editor Arun Shankar, how an oil field is integrated to build a digital oil field. The approach by Petroleum Experts is to eliminate the boundary conditions that used to be imposed traditionally by the industry. This includes reservoir, network, and process. Physics based models are used while the digital oil field sits on top of all this. Data is used straight from the field including sensor, gauge, pump, from the historian. All the data into the digital oil field must be validated in order to trust the data in real time. The end result is automated visual workflows proposing visual management. ADIPEC 2022 has generated an estimated $8.2 billion in business for exhibiting companies.
ADIPEC 2022 saw a record global attendance of more than 160,000 attendees from 164 countries, with 41 per cent coming from abroad. The UAE saw an estimated value of $200 million brought in through sectors that supported the four-day event, including tourism and hospitality. ADIPEC took place in Abu Dhabi from 31 October to 3 November, gathering some of the best minds from energy markets around the world to address critical issues facing the energy sector. The future of energy was discussed across more than 350 sessions, where over 40 Ministers and 38 global CEOs, policy makers, energy experts and innovators shared their views on achieving a progressive and pragmatic transition and the significant role of investment and collaboration in the path to Net Zero.