Oil Company of the future

Andersen, Trond Michael; Vatland, Svein; Doyle, Paula
April 2008
InTech;Apr2008, Vol. 55 Issue 4, p16
The article provides information on TAIL-Integrated Operations (TAIL-IO), a project formed by Statoil through a research and development consortium of companies. The project aims to increase daily oil production by at least 5 percent and to reduce operating, construction and maintenance costs by 30 percent. It also targets to reduce the number of unwanted incidents relating to health, safety and the environment by 50 percent. TAIL-IO is a six subprojects focused on technology areas. These subprojects are condition-based maintenance and performance monitoring, corporate decision support model for strategic planning of turnarounds and shut dons, wireless communication and sensor systems, collaborative visualization tools, mobile information and communication technology, and robotics.


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