Iot For Smart Operations In The Oil And Gas Industry

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IoT for Smart Operations in the Oil and Gas Industry

Author : Razin Farhan Hussain
Publisher : Gulf Professional Publishing
ISBN 13 : 0323998445
Total Pages : 268 pages
Book Rating : 4.3/5 (239 download)

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Book Synopsis IoT for Smart Operations in the Oil and Gas Industry by : Razin Farhan Hussain

Download or read book IoT for Smart Operations in the Oil and Gas Industry written by Razin Farhan Hussain and published by Gulf Professional Publishing. This book was released on 2022-09-20 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: IoT for Smart Operations in the Oil and Gas Industry elaborates on how the synergy between state-of-the-art computing platforms, such as Internet of Things (IOT), cloud computing, artificial intelligence, and, in particular, modern machine learning methods, can be harnessed to serve the purpose of a more efficient oil and gas industry. The reference explores the operations performed in each sector of the industry and then introduces the computing platforms and smart technologies that can enhance the operation, lower costs, and lower carbon footprint. Safety and security content is included, in particular, cybersecurity and potential threats to smart oil and gas solutions, focusing on adversarial effects of smart solutions and problems related to the interoperability of human-machine intelligence in the context of the oil and gas industry. Detailed case studies are included throughout to learn and research for further applications. Covering the latest topics and solutions, IoT for Smart Operations in the Oil and Gas Industry delivers a much-needed reference for the engineers and managers to understand modern computing paradigms for Industry 4.0 and the oil and gas industry. Follows a systematic and categorical taxonomy of the upstream, midstream, and downstream processes paired with cutting-edge technologies, which benefit computer scientists and engineers Understands advanced computing technologies reducing the costs of existing operations and carbon footprint Deeply dives into case studies that cover the entire oil and gas spectrum and explain bridges into applications

Intelligent Digital Oil and Gas Fields

Author : Gustavo Carvajal
Publisher : Gulf Professional Publishing
ISBN 13 : 012804747X
Total Pages : 374 pages
Book Rating : 4.1/5 (28 download)

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Book Synopsis Intelligent Digital Oil and Gas Fields by : Gustavo Carvajal

Download or read book Intelligent Digital Oil and Gas Fields written by Gustavo Carvajal and published by Gulf Professional Publishing. This book was released on 2017-12-14 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intelligent Digital Oil and Gas Fields: Concepts, Collaboration, and Right-time Decisions delivers to the reader a roadmap through the fast-paced changes in the digital oil field landscape of technology in the form of new sensors, well mechanics such as downhole valves, data analytics and models for dealing with a barrage of data, and changes in the way professionals collaborate on decisions. The book introduces the new age of digital oil and gas technology and process components and provides a backdrop to the value and experience industry has achieved from these in the last few years. The book then takes the reader on a journey first at a well level through instrumentation and measurement for real-time data acquisition, and then provides practical information on analytics on the real-time data. Artificial intelligence techniques provide insights from the data. The road then travels to the "integrated asset" by detailing how companies utilize Integrated Asset Models to manage assets (reservoirs) within DOF context. From model to practice, new ways to operate smart wells enable optimizing the asset. Intelligent Digital Oil and Gas Fields is packed with examples and lessons learned from various case studies and provides extensive references for further reading and a final chapter on the "next generation digital oil field," e.g., cloud computing, big data analytics and advances in nanotechnology. This book is a reference that can help managers, engineers, operations, and IT experts understand specifics on how to filter data to create useful information, address analytics, and link workflows across the production value chain enabling teams to make better decisions with a higher degree of certainty and reduced risk. Covers multiple examples and lessons learned from a variety of reservoirs from around the world and production situations Includes techniques on change management and collaboration Delivers real and readily applicable knowledge on technical equipment, workflows and data challenges such as acquisition and quality control that make up the digital oil and gas field solutions of today Describes collaborative systems and ways of working and how companies are transitioning work force to use the technology and making more optimal decisions

The Power of Artificial Intelligence for the Next-Generation Oil and Gas Industry

Author : Pethuru R. Chelliah
Publisher : John Wiley & Sons
ISBN 13 : 1119985587
Total Pages : 516 pages
Book Rating : 4.1/5 (199 download)

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Book Synopsis The Power of Artificial Intelligence for the Next-Generation Oil and Gas Industry by : Pethuru R. Chelliah

Download or read book The Power of Artificial Intelligence for the Next-Generation Oil and Gas Industry written by Pethuru R. Chelliah and published by John Wiley & Sons. This book was released on 2023-12-27 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Power of Artificial Intelligence for the Next-Generation Oil and Gas Industry Comprehensive resource describing how operations, outputs, and offerings of the oil and gas industry can improve via advancements in AI The Power of Artificial Intelligence for the Next-Generation Oil and Gas Industry describes the proven and promising digital technologies and tools available to empower the oil and gas industry to be future-ready. It shows how the widely reported limitations of the oil and gas industry are being nullified through the application of breakthrough digital technologies and how the convergence of digital technologies helps create new possibilities and opportunities to take this industry to its next level. The text demonstrates how scores of proven digital technologies, especially in AI, are useful in elegantly fulfilling complicated requirements such as process optimization, automation and orchestration, real-time data analytics, productivity improvement, employee safety, predictive maintenance, yield prediction, and accurate asset management for the oil and gas industry. The text differentiates and delivers sophisticated use cases for the various stakeholders, providing easy-to-understand information to accurately utilize proven technologies towards achieving real and sustainable industry transformation. The Power of Artificial Intelligence for the Next-Generation Oil and Gas Industry includes information on: How various machine and deep learning (ML/DL) algorithms, the prime modules of AI, empower AI systems to deliver on their promises and potential Key use cases of computer vision (CV) and natural language processing (NLP) as they relate to the oil and gas industry Smart leverage of AI, the Industrial Internet of Things (IIoT), cyber physical systems, and 5G communication Event-driven architecture (EDA), microservices architecture (MSA), blockchain for data and device security, and digital twins Clearly expounding how the power of AI and other allied technologies can be meticulously leveraged by the oil and gas industry, The Power of Artificial Intelligence for the Next-Generation Oil and Gas Industry is an essential resource for students, scholars, IT professionals, and business leaders in many different intersecting fields.

Oil and Gas, Technology and Humans

Author : Denis Besnard
Publisher : CRC Press
ISBN 13 : 1317086112
Total Pages : 286 pages
Book Rating : 4.3/5 (17 download)

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Book Synopsis Oil and Gas, Technology and Humans by : Denis Besnard

Download or read book Oil and Gas, Technology and Humans written by Denis Besnard and published by CRC Press. This book was released on 2017-06-12 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: The oil and gas industry is going through a major technological shift. This is particularly true of the Norwegian continental shelf where new work processes are being implemented based on digital infrastructure and information technology. The term Integrated Operations (IO) has been applied to this set of new processes. It is defined by the Centre for Integrated Operations in the Petroleum Industry as 'work processes and technology to make smarter decisions and better execution, enabled by ubiquitous real time data, collaborative techniques and access to multiple expertise'. It's claimed that IO is efficient, optimises exploration, reduces costs and improves safety performance. However, the picture is not as clear-cut as it may appear. On the one hand, the new work processes do not prevent major accidents: IO-related factors have been identified in recent events such as the Deepwater Horizon catastrophe. On the other hand, IO technology provides improved decision-making support (such as access to real-time data and expertise), which can reduce human and material losses and damage to the environment. Given these very different properties, it's vital that the industry has a detailed understanding of the benefits and drawbacks of IO, which this book sets out to do from a multidisciplinary point of view. It analyses Integrated Operations from the angles of statistics, management science, human factors and resilience engineering. These varied disciplines provide a multifaceted understanding of IO that better informs risk assessment practices, as well as explaining new techniques and methods and provides state-of-the-art guidance to risk assessment practitioners working in the oil and gas industry.

AI and Digital Technology for Oil and Gas Fields

Author : Niladri Kumar Mitra
Publisher :
ISBN 13 : 9781032310329
Total Pages : 0 pages
Book Rating : 4.3/5 (13 download)

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Book Synopsis AI and Digital Technology for Oil and Gas Fields by : Niladri Kumar Mitra

Download or read book AI and Digital Technology for Oil and Gas Fields written by Niladri Kumar Mitra and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The book essentially covers the growing role of AI in oil and gas industry, including digital technology in exploration phase to customer sales service along with a cloud-based digital storage of reservoir simulation data for modeling. It initiates with the description of AI system and its role towards oil and gas business including agent base system, impact of industrial IoT on business models, ethics of robotics in AI implementation. It discusses reliability of operation leading to reduction of operating costs by localizing control functions, remote monitoring, and supervision. Features: Exclusive title on the application of AI and Digital Technology in the Oil and Gas industry. Explains Cloud Data Management in reservoir simulation. Discussed intelligent oil and gas-well completion in detail. Covers marketing aspect of oil and gas business during exploration phase. Reviews development of digital system for business purpose. This book aims at professionals in petroleum and chemical engineering, technology and engineering management"--

Industrial Internet of Things

Author : Sudan Jha
Publisher : CRC Press
ISBN 13 : 1000529908
Total Pages : 240 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis Industrial Internet of Things by : Sudan Jha

Download or read book Industrial Internet of Things written by Sudan Jha and published by CRC Press. This book was released on 2022-03-28 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial Internet of Things: Technologies, Design, and Applications addresses the complete functional framework workflow in IoT technology. It explores basic and high-level concepts, thus serving as a manual for those in the industry while also helping beginners. The book incorporates the working methodology of Industrial IoT works, is based on the latest technologies, and will cover the major challenges, issues, and advances while exploring data-based intelligent and automated systems and their implications to the real world. The book discusses data acquisition, security, learning, intelligent data analysis, and case studies related to Industrial IoT-based applications.

Integrated Operations in the Oil and Gas Industry: Sustainability and Capability Development

Author : Rosendahl, Tom
Publisher : IGI Global
ISBN 13 : 146662003X
Total Pages : 457 pages
Book Rating : 4.4/5 (666 download)

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Book Synopsis Integrated Operations in the Oil and Gas Industry: Sustainability and Capability Development by : Rosendahl, Tom

Download or read book Integrated Operations in the Oil and Gas Industry: Sustainability and Capability Development written by Rosendahl, Tom and published by IGI Global. This book was released on 2012-08-31 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: The predicted ICT revolution has gained increasing attention in the oil industry the last few years. It is enabled by the use of ubiquitous real time data, collaborative techniques, and multiple expertises across disciplines, organizations and geographical locations. Integrated Operations in the Oil and Gas Industry: Sustainability and Capability Development covers the capability approach to integrated operations that documents research and development in the oil industry. By capability, we refer to the combined capacity and ability to plan and execute in accordance with business objectives through a designed combination of human skills, work processes, organizational change, and technology. This book will serve as a knowledge base for those who are interested in learning about, and those involved in, Integrated Operations in the Oil and Gas Industry.

Applications of Artificial Intelligence (AI) and Machine Learning (ML) in the Petroleum Industry

Author : Manan Shah
Publisher : CRC Press
ISBN 13 : 1000629554
Total Pages : 162 pages
Book Rating : 4.0/5 (6 download)

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Book Synopsis Applications of Artificial Intelligence (AI) and Machine Learning (ML) in the Petroleum Industry by : Manan Shah

Download or read book Applications of Artificial Intelligence (AI) and Machine Learning (ML) in the Petroleum Industry written by Manan Shah and published by CRC Press. This book was released on 2022-09-02 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today, raw data on any industry is widely available. With the help of artificial intelligence (AI) and machine learning (ML), this data can be used to gain meaningful insights. In addition, as data is the new raw material for today’s world, AI and ML will be applied in every industrial sector. Industry 4.0 mainly focuses on the automation of things. From that perspective, the oil and gas industry is one of the largest industries in terms of economy and energy. Applications of Artificial Intelligence (AI) and Machine Learning (ML) in the Petroleum Industry analyzes the use of AI and ML in the oil and gas industry across all three sectors, namely upstream, midstream, and downstream. It covers every aspect of the petroleum industry as related to the application of AI and ML, ranging from exploration, data management, extraction, processing, real-time data analysis, monitoring, cloud-based connectivity system, and conditions analysis, to the final delivery of the product to the end customer, while taking into account the incorporation of the safety measures for a better operation and the efficient and effective execution of operations. This book explores the variety of applications that can be integrated to support the existing petroleum and adjacent sectors to solve industry problems. It will serve as a useful guide for professionals working in the petroleum industry, industrial engineers, AI and ML experts and researchers, as well as students.

Handbook of Research on Machine Learning-Enabled IoT for Smart Applications Across Industries

Author : Goel, Neha
Publisher : IGI Global
ISBN 13 : 166848787X
Total Pages : 570 pages
Book Rating : 4.6/5 (684 download)

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Book Synopsis Handbook of Research on Machine Learning-Enabled IoT for Smart Applications Across Industries by : Goel, Neha

Download or read book Handbook of Research on Machine Learning-Enabled IoT for Smart Applications Across Industries written by Goel, Neha and published by IGI Global. This book was released on 2023-07-03 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt: Machine learning (ML) and the internet of things (IoT) are the top technologies used by businesses to increase efficiency, productivity, and competitiveness in this fast-paced digital era transformation. ML is the key tool for fast processing and decision making applied to smart city applications and next-generation IoT devices, which require ML to satisfy their working objective. IoT technology has proven efficient in solving many real-world problems, and ML algorithms combined with IoT means the fusion of product and intelligence to achieve better automation, efficiency, productivity, and connectivity. The Handbook of Research on Machine Learning-Enabled IoT for Smart Applications Across Industries highlights the importance of ML for IoT’s success and diverse ML-powered IoT applications. This book addresses the problems and challenges in energy, industry, and healthcare and solutions proposed for ML-enabled IoT and new algorithms in ML. It further addresses their accuracy for existing real-time applications. Covering topics such as agriculture, pattern recognition, and smart applications, this premier reference source is an essential resource for engineers, scientists, educators, students, researchers, and academicians.

Internet of Things in Smart Technologies for Sustainable Urban Development

Author : G. R. Kanagachidambaresan
Publisher : Springer Nature
ISBN 13 : 3030343286
Total Pages : 252 pages
Book Rating : 4.0/5 (33 download)

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Book Synopsis Internet of Things in Smart Technologies for Sustainable Urban Development by : G. R. Kanagachidambaresan

Download or read book Internet of Things in Smart Technologies for Sustainable Urban Development written by G. R. Kanagachidambaresan and published by Springer Nature. This book was released on 2020-04-29 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides solution for challenges facing engineers in urban environments looking towards smart development and IoT. The authors address the challenges faced in developing smart applications along with the solutions. Topics addressed include reliability, security and financial issues in relation to all the smart and sustainable development solutions discussed. The solutions they provide are affordable, resistive to threats, and provide high reliability. The book pertains to researchers, academics, professionals, and students. Provides solutions to urban sustainable development problems facing engineers in developing and developed countries Discusses results with industrial problems and current issues in smart city development Includes solutions that are reliable, secure and financially sound

Internet of Things Principles

Author : Dr.S.Murugesan
Publisher : Leilani Katie Publication
ISBN 13 : 936348906X
Total Pages : 209 pages
Book Rating : 4.3/5 (634 download)

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Book Synopsis Internet of Things Principles by : Dr.S.Murugesan

Download or read book Internet of Things Principles written by Dr.S.Murugesan and published by Leilani Katie Publication. This book was released on 2024-05-16 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dr.S.Murugesan, Associate Professor, Department of Computer Science and Engineering, R.M. D. Engineering College, Kavaraipettai, Tiruvallur, Tamil Nadu, India. Venkata Satish Dhulipudi, Assistant Professor, Department of Electrical and Communication Engineering, Bonam Venkata Chalamayya Institute of Technology and Science, Amalapuram, Andhra Pradesh, India. Pechetti Girish, Assistant Professor, Bonam Venkata Chalamayya Institute of Technology and Science, Amalapuram, Andhra Pradesh, India. V.Prasanna Laxmi, Associate Professor, Department of Electrical and Communication Engineering, Bonam Venkata Chalamayya Institute of Technology and Science, Amalapuram, Andhra Pradesh, India.

Blockchain and AI Technology in the Industrial Internet of Things

Author : Pani, Subhendu Kumar
Publisher : IGI Global
ISBN 13 : 1799866955
Total Pages : 317 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Blockchain and AI Technology in the Industrial Internet of Things by : Pani, Subhendu Kumar

Download or read book Blockchain and AI Technology in the Industrial Internet of Things written by Pani, Subhendu Kumar and published by IGI Global. This book was released on 2021-01-08 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain and artificial intelligence (AI) in industrial internet of things is an emerging field of research at the intersection of information science, computer science, and electronics engineering. The radical digitization of industry coupled with the explosion of the internet of things (IoT) has set up a paradigm shift for industrial and manufacturing companies. There exists a need for a comprehensive collection of original research of the best performing methods and state-of-the-art approaches in this area of blockchain, AI, and the industrial internet of things in this new era for industrial and manufacturing companies. Blockchain and AI Technology in the Industrial Internet of Things compares different approaches to the industrial internet of things and explores the direct impact blockchain and AI technology have on the betterment of the human life. The chapters provide the latest advances in the field and provide insights and concerns on the concept and growth of the industrial internet of things. While including research on security and privacy, supply chain management systems, performance analysis, and a variety of industries, this book is ideal for professionals, researchers, managers, technologists, security analysts, executives, practitioners, researchers, academicians, and students looking for advanced research and information on the newest technologies, advances, and approaches for blockchain and AI in the industrial internet of things.

Emerging Technologies for Sustainable and Smart Energy

Author : Anirbid Sircar
Publisher : CRC Press
ISBN 13 : 1000623580
Total Pages : 246 pages
Book Rating : 4.0/5 (6 download)

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Book Synopsis Emerging Technologies for Sustainable and Smart Energy by : Anirbid Sircar

Download or read book Emerging Technologies for Sustainable and Smart Energy written by Anirbid Sircar and published by CRC Press. This book was released on 2022-08-03 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considering the alarming issue of global climate change and its drastic consequences, there is an urgent need to further develop smart and innovative solutions for the energy sector. The goal of sustainable and smart energy for present and future generations can be achieved by integrating emerging technologies into the existing energy infrastructure. This book focuses on the role and significance of emerging technologies in the energy sector and covers the various technological interventions for both conventional and unconventional energy resources and provides meaningful insights into smart and sustainable energy solutions. The book also discusses future directions for smart and sustainable developments in the energy sector.

Disruptive Technologies for Society 5.0

Author : Vikram Bali
Publisher : CRC Press
ISBN 13 : 1000475875
Total Pages : 319 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Disruptive Technologies for Society 5.0 by : Vikram Bali

Download or read book Disruptive Technologies for Society 5.0 written by Vikram Bali and published by CRC Press. This book was released on 2021-11-14 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates how we as citizens of Society 5.0 borrow the disruptive technologies like Blockchain, IoT, cloud and software-defined networking from Industry 4.0, with its automation and digitization of manufacturing verticals, to change the way we think and act in cyberspace incorporated within everyday life. The technologies are explored in Non-IT sectors, their implementation challenges put on the table, and new directions of thought flagged off. Disruptive Technologies for Society 5.0: Exploration of New Ideas, Techniques, and Tools is a pathbreaking book on current research, with case studies to comprehend their importance, in technologies that disrupt the de facto. This book is intended for researchers and academicians and will enable them to explore new ideas, techniques, and tools.

Handbook of Industry 4.0 and SMART Systems

Author : Diego Galar Pascual
Publisher : CRC Press
ISBN 13 : 0429849672
Total Pages : 394 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis Handbook of Industry 4.0 and SMART Systems by : Diego Galar Pascual

Download or read book Handbook of Industry 4.0 and SMART Systems written by Diego Galar Pascual and published by CRC Press. This book was released on 2019-09-16 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industry 4.0 refers to fourth generation of industrial activity characterized by smart systems and internet-based solutions. This book describes the fourth revolution based on instrumented, interconnected and intelligent assets. The different book chapters provide a perspective on technologies and methodologies developed and deployed leading to this concept. With an aim to increase performance, productivity and flexibility, major application area of maintenance through smart system has been discussed in detail. Applicability of 4.0 in transportation, energy and infrastructure is explored, with effects on technology, organisation and operations from a systems perspective.

Cybersecurity for Critical Infrastructure Protection Via Reflection of Industrial Control Systems

Author : O.B. Popov
Publisher : IOS Press
ISBN 13 : 1643683330
Total Pages : 204 pages
Book Rating : 4.6/5 (436 download)

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Book Synopsis Cybersecurity for Critical Infrastructure Protection Via Reflection of Industrial Control Systems by : O.B. Popov

Download or read book Cybersecurity for Critical Infrastructure Protection Via Reflection of Industrial Control Systems written by O.B. Popov and published by IOS Press. This book was released on 2022-11-23 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although cybersecurity is something of a latecomer on the computer science and engineering scene, there are now inclinations to consider cybersecurity a meta-discipline. Unlike traditional information and communication systems, the priority goal of the cybersecurity of cyber-physical systems is the provision of stable and reliable operation for the critical infrastructures of all fundamental societal functions and activities. This book, Cybersecurity for Critical Infrastructure Protection via Reflection of Industrial Control Systems, presents the 28 papers delivered at the NATO Advanced Research Workshop (ARW) hosted in Baku, Azerbaijan, and held online from 27-29 October 2021. The inspiration and motivation behind the ARW stem from the growth in large-scale cyber attacks, the rising degree of complexity and sophistication of advanced threats, and the need to protect critical infrastructure by promoting and building a resilient system to promote the well-being of all citizens. The workshop covered a wide range of cybersecurity topics, permeating the main ideas, concepts and paradigms behind ICS and blended with applications and practical exercises, with overtones to IoT, IIoT, ICS, artificial intelligence, and machine learning. Areas discussed during the ARW included the cybersecurity of critical infrastructures; its educational and research aspects; vulnerability analysis; ICS/PLC/SCADA test beds and research; intrusion detection, mitigation and prevention; cryptography; digital forensics for ICS/PLCs; Industry 4.0 robustness and trustworthiness; and Cyber Fortress concept infused with practical training. Investigating theoretical and practical problems involving the security of critical and essential infrastructure of each segment of contemporary societies, the book will be of interest to all those whose work involves cybersecurity.

Optimization and Business Improvement Studies in Upstream Oil and Gas Industry

Author : Sanjib Chowdhury
Publisher : John Wiley & Sons
ISBN 13 : 111924658X
Total Pages : 336 pages
Book Rating : 4.1/5 (192 download)

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Book Synopsis Optimization and Business Improvement Studies in Upstream Oil and Gas Industry by : Sanjib Chowdhury

Download or read book Optimization and Business Improvement Studies in Upstream Oil and Gas Industry written by Sanjib Chowdhury and published by John Wiley & Sons. This book was released on 2016-08-01 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Delves into the core and functional areas in the upstream oil and gas industry covering a wide range of operations and processes Oil and gas exploration and production (E&P) activities are costly, risky and technology-intensive. With the rise in global demand for oil and fast depletion of easy reserves, the search for oil is directed to more difficult areas – deepwater, arctic region, hostile terrains; and future production is expected to come from increasingly difficult reserves – deeper horizon, low quality crude. All these are making E&P activities even more challenging in terms of operations, technology, cost and risk. Therefore, it is necessary to use scarce resources judiciously and optimize strategies, cost and capital, and improve business performance in all spheres of E&P business. Optimization and Business Improvement Studies in Upstream Oil and Gas Industry contains eleven real-life optimization and business improvement studies that delve into the core E&P activities and functional areas covering a wide range of operations and processes. It uses various quantitative and qualitative techniques, such as Linear Programing, Queuing theory, Critical Path Analysis, Economic analysis, Best Practices Benchmark, Business Process Simplification etc. to optimize Productivity of drilling operations Controllable rig time loss Deepwater exploration strategy Rig move time and activity schedule Offshore supply vessel fleet size Supply chain management system Strategic workforce and human resource productivity Base oil price for a country Standardize consumption of materials Develop uniform safety standards for offshore installations Improve organizational efficiency through business process simplification The book will be of immense interest to practicing managers, professionals and employees at all levels/ disciplines in oil and gas industry. It will also be useful to academicians, scholars, educational institutes, energy research institutes, and consultants dealing with oil and gas. The work can be used as a practical guide to upstream professionals and students in petroleum engineering programs.