In the UK Continental Shelf, a mature basin that includes part of the North Sea, oil and gas operators are looking to maximize economic recovery by focusing on efficiency, optimization and cost reduction.
The average uptime of mature assets in the North Sea has been in the range of 70-75 percent. Under its traditional ways of working, Petrofac often exceeded this measure. It felt it could do even better.
Petrofac knew that digital technologies would be critical enablers of its transformational vision by driving improvements in every aspect of its operations—from worker safety and productivity to plant and construction site performance.