Halliburton to provide cloud computing to Thai gas rigs
Houston-based Halliburton Corporation has won a contract to supply cloud computing and other advanced technology services to Thai energy conglomerate PTT Group to improve production at its offshore natural gas rigs in the Gulf of Thailand.
Neither party revealed the financial terms of the contract. Halliburton described the endeavor as a “digital transformation project.” One of its main features will be to shift essential data to cloud-based web servers instead of keeping the information on-board the rigs.
“Effectively leveraging and implementing digital technologies improves efficiency to increase production, reduce operating expenses and maximize the value of the operator’s portfolio,” said Nagaraj Srinivasan, Senior Vice President at Halliburton Digital Solutions.
While Thailand has strived to develop renewable energy sources and is already the leading producer of solar and wind power in Southeast Asia, the Kingdom remains dependent on natural gas for the majority of its power generation.
The gas fields in the Gulf of Thailand, however, are slowly moving towards lower outputs and eventual depletion. New technologies could make management of the reserves smarter and more efficient, allowing them to last longer.
Under the contract, Halliburton subsidiary Landmark will deploy its DecisionSpace Production Suite software at four offshore fields: Arthit, Greater Bongkot South, Greater Bongkot North and the Myanmar Zawtika Field.
Halliburton is one of the world’s largest oil field service companies with operations in more than 80 countries. The company says it works with customers to “maximize value throughout the lifecycle of the [energy] reservoir in optimizing production throughout the life of the asset.”
Photo courtesy of https://www.pttep.com/en/Home.aspx