Aker BP ASA (AKERBP:NO), one of the largest independent offshore oil and gas companies, and global artificial intelligence (AI) company SparkCognition, are collaborating to enhance AI applications in Aker BP's "Cognitive Operation" initiative, a new upstream flagship transformation project.
“We recognize the imperative of applying advanced technology to optimize our critical operations,” said Per Harald Kongelf, SVP Improvement at Aker BP. “Working with SparkCognition on the Cognitive Operation project confirms Aker BP’s unmatched commitment to surpass industry demands and propel its innovation strategy forward.”
Through the new transformation initiative, Aker BP is deploying SparkCognition’s analytics solution SparkPredictⓇ on offshore production platforms to accelerate productivity with advanced predictive maintenance capabilities. SparkCognition’s AI systems will monitor both topside and subsea installations for over 30 offshore structures, augmenting Aker BP’s entire fleet of production platforms.
“SparkCognition is dedicated to advancing the most important interests in society with sophisticated AI systems,” said Philippe Herve, Vice President of Solutions at SparkCognition. “Our collaboration with Aker BP confirms SparkCognition’s capability to address difficult challenges in the world’s most significant industries and illustrates our dedication to enhancing operations with artificial intelligence.”
Using machine learning algorithms, SparkPredict analyzes sensor data to identify suboptimal operations and impending failures before they occur. By deploying SparkPredict on its offshore production platforms, Aker BP will maximize production and efficiency, accelerating its mission to deliver unparalleled value to its customers throughout the world.
“The oil and gas industry is facing a rapidly changing digital landscape that requires cutting-edge technologies to cultivate growth and success,” said Per Harald Kongelf. “Aker BP has long term collaborations in place with companies like SparkCognition to deploy industry-leading solutions.”
Source: Company Press Release