10-40%
Reduction in reactive maintenance
Experience Operational Innovation
Oil and Gas Software
Faced with balancing the pressure to perform while transforming for the energy transition, the Oil and Gas Industry faces unpreceded demands. Learn how software is available to help businesses meet sustainable energy goals, while cutting costs and reducing downtime.
Oil and Gas
Oil and Gas
Overview
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Software For The Oil And Gas Industry Is Evolving Quickly To Help Companies Address Where Current Technology Is Falling Short.
1. Optimized Maintenance and Reduced Downtime
Avoiding unexpected breakdowns and maintaining continuous operations is paramount for production and minimizing costs.
To improve availability and extend life of critical equipment, GE Vernova leverages predictive analytics to monitor asset health and predict equipment failures before they occur.
2. Enhanced Operational Efficiency and Productivity
To operate more competitively in a challenging market, companies need higher productivity and lower operational costs. From extraction to refining and distribution, manufacturing software integrates various operations across the oil and gas value chain.
3. Improved Safety and Compliance
Ensuring safety and compliance reduces the risk of accidents and regulatory fines, protecting both workers and the environment. Software helps in monitoring safety-critical assets and ensuring compliance with industry regulations. With real-time data and alerts on potential safety issues, companies can address them more quickly.
Avoiding unexpected breakdowns and maintaining continuous operations is paramount for production and minimizing costs.
To improve availability and extend life of critical equipment, GE Vernova leverages predictive analytics to monitor asset health and predict equipment failures before they occur.
2. Enhanced Operational Efficiency and Productivity
To operate more competitively in a challenging market, companies need higher productivity and lower operational costs. From extraction to refining and distribution, manufacturing software integrates various operations across the oil and gas value chain.
3. Improved Safety and Compliance
Ensuring safety and compliance reduces the risk of accidents and regulatory fines, protecting both workers and the environment. Software helps in monitoring safety-critical assets and ensuring compliance with industry regulations. With real-time data and alerts on potential safety issues, companies can address them more quickly.
1/3
of surveyed O&G executives cite operational efficiency & direct emissions reductions as pivotal metrics for assessing energy transition progress.*
$42
million-$88 million is the estimated cost of unplanned downtime due to equipment failures **
50%
reduction in fossils fuel emissions by 2030 if global methane pledges are achieved***
Oil and Gas software for maximum impact. By using an APM software, enterprises are realizing end-to-end value
2-5%
Increase in availability
5-10%
Inventory cost reduction
3-40%
EH&S incident reduction
Ensuring Reliable, Affordable Energy
South Hook LNG (SHLNG) focuses on a data-driven asset strategy and proactive approach to maintain key assets and reduce costs. By leveraging GE Vernova’s APM solution, SHLNG has eliminated 17% of its maintenance tasks and optimized 73% of its remaining proactive maintenance tasks across the facility.
Analyst Reports
Gartner Report
How to Effectively Navigate 3 Common Voluntary Carbon Offset Risk
Forrester
Total Economic Impact of GE Vernova’s Asset Performance Management for Oil and Gas
Verdantix
GE Vernova among the top vendors in its Green Quadrant Asset Performance Management Solutions 2024 report
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Featured Resources
Solutions Studio
Explore GE Vernova software for Asset Performance Management (APM) with the solution experts responsible for the purpose-built applications.
Safety Instrumented Systems (SIS)
Proper SIS management can mitigate risk, prevent accidents, and ensure compliance with safety standards by leveraging real-time monitoring and data-driven insights.
Power of AI and APM
Explore technology developments, such as predictive analytics and artificial intelligence (AI), that will help define the next era of asset performance optimization
Demo Asset Performance Management (APM)
Experience firsthand APM with self-paced online demos. Learn how you can empower your teams to balance reduce risk, enhance reliability, profitability & sustainability.
Reduce and Manage Emissions
Xcel Energy is piloting GE Vernova’s CERius™ software at 3 facilities to boost emissions visibility, data accuracy, and support net-zero goals. Discover critical criteria and how CERius aids energy and industrial firms in reporting and abatement planning.
Featured Products
Asset Performance Management (APM) Solutions
A solution suite for optimizing industrial assets, featuring AI/ML, digital twins, and advanced analytics for predictive maintenance and performance monitoring.
Proficy Solutions
Industrial software solution for HMI/SCADA, MES, and analytics, enhancing operational efficiency, sustainability, and productivity with AI-based insights.
CERius Carbon Emission Management
Precise carbon emission management powered by AI to help energy companies measure, manage and reduce emissions with advanced analytics.
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Contact us today
Let our experts show you how GE Vernova’s Software business can accelerate your operational excellence program and energy transition.
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