SNC-Lavalin, one of the world’s leading engineering, design and project management companies, intends to showcase its end-to-end solutions across the oil and gas value chain, ranging from consulting and engineering to project delivery, completions and commissioning, asset integrity, maintenance and operations at ADIPEC this week
According to SNC-Lavalin, oil and gas operators can reduce their costs by 30 per cent across the design-build-operate lifecycle of oil and gas projects.
Through live demonstrations, experts will explain how immersive technology is transforming the oil and gas sector with live, in-booth demonstrations on how the company has reduced cost and schedule and improved productivity and safety for its customers. Experts will also discuss structural integrity, safety management and other upstream onshore, offshore and downstream refining and petrochemical advancements.
SNC-Lavalin will also feature in the ADIPEC Technical Programme. On Tuesday, 13 November, Simon Evans, director, digital engineering will discuss digital transformation in downstream operations, and on Thursday, 15 November, Dr Sachi Maiti, director, global technology taskforce will present investment planning for an integrated refining and petrochemical complex to optimise risk and profit.
Two of the many examples showcased include virtual reality and augmented reality for design and operational reviews, allowing customers to see and analyse their facility prior to construction. This improves efficiency, simplifies decision-making and reduces costs. Through a multi-user platform, the technology is also used to facilitate and enrich global collaboration by bringing together project and client teams from around the world simultaneously into a 3D virtual environment using virtual avatars, enabling on-screen, instantaneous design planning and amendments.
Another example is SNC Lavalin’s spares optimization solution, which enabled a 50 per cent reduction in spares inventory for a major oil and gas operator’s range of assets. For one basin alone, this equated to a potential savings of US$179mn from US$214mn operational spares inventory, including OPEX savings, lower labour costs and reduced CAPEX spending on an unnecessary stock. To date, the client has confirmed savings of over US$94mn.
“With the potential to reduce CAPEX and OPEX by up to 30 per cent, SNC-Lavalin Oil and Gas is improving the way we work for our customers, by streamlining work processes and leveraging our data to drive insight. Digital is a major enabler of our success, but it is our experts and changing a culture that is driving the change. As one of the largest contractors in the Middle East region, we look forward to sharing the engineering, project delivery and operational advancements we have implemented for our customers,” said Maggie Seeliger, senior vice-president, strategy and marketing, oil and gas, SNC-Lavalin.
