Jan-Feb 2025

February 2025

AspenTech’s principles of using AI in its industrial operations software - it must be explainable, it never trains on customer data with a product for another customer, and a person makes the decision

CYBERSECURITY

DNV Cyber's advice on focus areas for industrial cyber - a survey of energy industry professionals on their perspective on cybersecurity. The company identifies specific challenges companies should address

DNV on how cyber risks are changing - how cybersecurity is getting more important, the need for more learning, and the sort of hacking attempts ships typically see

AI, simplified set-ups, spending - Speakers from SecurityGate, Palo Alto and DuckDuckGoose discussed whether AI can help with cybersecurity and the risks of AI based hacks, how to simplify your set-up, and the risks of low expenditures

Dangerous executives, people and maps in cybersecurity - Patric Veersteg of Viterra explained why cost cutting executives are highly dangerous in cybersecurity, the importance of culture and skills

INDUSTRIAL SOFTWARE

AVEVA is updating its information management software - adding new data connectors, improving 3D visualisation, introducing AI

PIDX: AI to connect product descriptions in procurement - when companies send out requests for quotes with multiple items, the supplier has to connect the part description in the RFQ with part description in their own database. Can AI help?

How Baker Hughes’ Leucipa field production solution uses multiple models – physics-based simulation, machine learning data models, text based LLMs, and models of expert advice

CO2 STORAGE

JIP to develop guidance on CO2 specifications - Every CO2 storage project needs CO2 specifications. Set them too stringent and you raise costs for emitters; set them too low and you risk damage to equipment. A JIP led by Wood produced guidance

ABB monitoring CCS operations as they happen - to avoid situations which could lead to non-availability resulting from integrity breaches or corrosion

New CO2 storage play types - we normally think of only the aquifer and depleted oil and gas field. But a better understanding of how CO2 flow can be restricted in the subsurface leads to two more play types, said Dr. Alexander P. Bump

CO2 storage “Common Risk Segment” mapping approach to finding the best locations - Catherine Horseman-Wilson of Wood Mackenzie presented a study

Update on CO2 storage plans with Endurance, Northern Lights, Morecambe, Azuli - from the GESGB CCS 4 Geoscientists event in London

ExxonMobil’s CO2 storage research - to better understand the behaviour of CO2 stored in the subsurface, at scales from pore scale to reservoir scale. It is also building better digital reservoir models. Jenny Joyce explained more

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