
{"id":10699,"date":"2023-03-08T09:57:53","date_gmt":"2023-03-08T02:57:53","guid":{"rendered":"https:\/\/manufacturing-review.com\/?p=10699"},"modified":"2023-03-08T09:58:54","modified_gmt":"2023-03-08T02:58:54","slug":"yinson-production-and-aveva-sign-mou-to-develop-sustainable-and-autonomous-fpso-solutions","status":"publish","type":"post","link":"https:\/\/manufacturing-review.com\/en\/yinson-production-and-aveva-sign-mou-to-develop-sustainable-and-autonomous-fpso-solutions\/","title":{"rendered":"Yinson Production and AVEVA sign MoU to develop sustainable and autonomous FPSO solutions  \u00a0"},"content":{"rendered":"<ul type=\"disc\">\n<li class=\"x_MsoListParagraphCxSpFirst\"><i><span lang=\"EN-GB\">Autonomous Floating Production Storage and Offloading (FPSO) solutions to help the energy services industry enhance sustainability and safety standards<b><\/b><\/span><\/i><\/li>\n<li class=\"x_MsoListParagraphCxSpMiddle\"><i><span lang=\"EN-GB\">A digital twin of each FPSO vessel will be used to capture engineering and operational data through the complete asset lifecycle to improve visualisation, reliability, and efficiency<b><\/b><\/span><\/i><\/li>\n<li class=\"x_MsoListParagraphCxSpLast\"><i><span lang=\"EN-GB\">The partnership extends Yinson Production and AVEVA\u2019s existing collaboration on the digitalisation of business processes<b><\/b><\/span><\/i><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p class=\"x_paragraph\"><span class=\"x_eop\"><span lang=\"EN-MY\">\u00a0<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-10700 aligncenter\" src=\"https:\/\/manufacturing-review.com\/wp-content\/uploads\/2023\/03\/thumbnail_image002-600x401.jpg\" alt=\"\" width=\"600\" height=\"401\" srcset=\"https:\/\/manufacturing-review.com\/wp-content\/uploads\/2023\/03\/thumbnail_image002-600x401.jpg 600w, https:\/\/manufacturing-review.com\/wp-content\/uploads\/2023\/03\/thumbnail_image002-768x513.jpg 768w, https:\/\/manufacturing-review.com\/wp-content\/uploads\/2023\/03\/thumbnail_image002-700x467.jpg 700w, https:\/\/manufacturing-review.com\/wp-content\/uploads\/2023\/03\/thumbnail_image002.jpg 930w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p class=\"x_paragraph\"><span lang=\"EN-GB\">Yinson Production (\u201cYP\u201d), a top tier FPSO contractor, has entered into a Memorandum of Understanding (MOU) with AVEVA, a global leader in industrial software driving digital transformation and sustainability. The agreement builds on the companies\u2019 existing relationship and aims to enable YP to develop fully autonomous and sustainable Floating Production Storage and Offloading (FPSO) solutions.<\/span><\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-GB\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-GB\">AVEVA\u2019s software, in combination with YP\u2019s FPSO expertise and extensive data sets will enable YP to operate its FPSO with minimal human involvement, and with a vision for them eventually to become fully autonomous. The key to developing fully autonomous FPSO solutions is through the adoption of the digital twin, a virtual model designed to accurately reflect the floating structure. Leveraging AVEVA\u2019s solutions, YP will enhance its operational strategy and optimise efficiencies by utilizing analytics, machine learning (ML), and Artificial Intelligence (AI) to enrich the digital twin across the entire asset lifecycle.<\/span><\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-GB\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-GB\">Autonomous technology can greatly enhance the energy and resource efficiency of assets, whilst significantly lowering emissions. Furthermore, autonomous technologies can reduce human error and manual intervention, leading to stronger safety and environmental performance.<\/span><\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-GB\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p class=\"x_MsoNormal\"><b><span lang=\"EN-GB\">YP Chief Executive Officer\u00a0<\/span><\/b><a href=\"https:\/\/www.linkedin.com\/sales\/lead\/ACwAAADlFOYBSMq5AgdWLZwvBxOFSQRrH2-_sCI,NAME_SEARCH,sKJw?_ntb=%2F%2B%2FxT8aySTKnh6mgHor%2BHg%3D%3D\" target=\"_blank\" rel=\"noopener noreferrer\" data-auth=\"NotApplicable\" data-linkindex=\"0\"><b>Flemming Gr\u00f8nnegaard<\/b><\/a><span class=\"x_MsoHyperlink\"><b>\u00a0commented,<\/b><\/span>\u00a0<span lang=\"EN-GB\">\u201cThe adoption of digital technologies will be crucial to accelerate the implementation of sustainable operations across all industries. With AVEVA\u2019s leading software and domain expertise and YP\u2019s deep knowledge of FPSO design, operations and marketplace, this partnership will allow us to create a sustainable, differentiated offering that can pave the way for an industry-wide shift to safer, more sustainable, low carbon operations.\u201d<\/span><\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-GB\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-GB\">The current MOU expands on YP\u2019s existing partnership with AVEVA, where AVEVA PI System is already implemented on FPSO assets in the Yinson fleet, as well as AVEVA Engineering tools being leveraged for design and construction.<\/span><\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-GB\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p class=\"x_MsoNormal\"><span lang=\"EN-GB\">\u201cThe industry has a responsibility to take action towards achieving net-zero carbon emissions, and we are committed to helping our customers and partners unlock the benefits of digital transformation to drive operational efficiency and sustainability,\u201d\u00a0<b>said<\/b>\u00a0<b>Emon Zaman, Asia Pacific Senior Vice President, AVEVA<\/b>. \u201cWe are pleased to be partnering with YP to develop autonomous and sustainable FPSO solutions. It will provide enhanced visibility of integrated engineering and operational data, improved critical decision-making and help YP realise its vision of becoming carbon neutral by 2030 and net zero by 2050.\u201d<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Autonomous Floating Production Storage and Offloading (FPSO) solutions to help the energy services industry enhance sustainability and safety standards A digital twin of each FPSO vessel will be used to capture engineering and operational data through the complete asset lifecycle to improve visualisation, reliability, and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":10700,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_links_to":"","_links_to_target":""},"categories":[7],"tags":[3287],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.10 - 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