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Asset Management

19 July 2024
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Cost: $50,000.00 - $50,000,000.00
Description of Service

We bring deep domain and digital expertise in effectively managing and transforming upstream and downstream assets to enhance performance, availability, reliability, profitability, and safety.

The oil and gas industry is asset-intensive across its various value chains, from hydrocarbon extraction platforms to its refining, petrochemical, chemical, and lubricant plants. Getting the optimal value from these assets and effectively overcoming the challenges of a disparate, complex, and disconnected landscape are complicated tasks. Organizations also face the increasing demand for actionable insights in real time, aging infrastructures, the need for knowledge retention, and change management. In response to these challenges, we’re helping our customers transform their businesses to be more resilient and ready for the energy transition.

Wipro offers deep domain and next-generation digital expertise in engineering, production, operations, and asset performance management. We’re enabling our energy clients to improve business performance by modernizing complex IT/OT landscapes and support models, undergoing cloud transformations, implementing data platform solutions and analytics, and adopting agile delivery methods.  

We deliver advisory expertise, strategic roadmaps, business transformations, business process consulting, implementations, run services, and modernization services across the following areas:

Delivering hydrocarbons: Hydrocarbon accounting, hydrocarbon value realization, production operations, production reporting, production optimization and enhanced oil recovery (EOR), data validation and reconciliation, operations management, production engineering, integrated asset management, digital oilfields, and remote and/or unmanned operations.

Delivering refining and petrochemical products: Industrial Revolution 4.0 and integrated digital refining, petrochemical and lube-manufacturing solutions, economic planning and scheduling optimization, data validation and revalidation, retro analysis, operations management and monitoring, operating instructions, operator logbook, operator rounds, oil movements, blending optimization, oil accounting, fence management, quality management and lab automation services, intelligent operations.

Managing assets and asset performance: Asset reliability and integrity for optimized maintenance and risk-based inspection, condition-based maintenance, exception-based surveillance, anomaly detection, asset health and failure prediction, integrated plant maintenance platforms, digital passports for equipment, turnaround planning and execution, inventory planning and optimization, spare parts optimization, asset technical services, intelligent maintenance and inspection, and engineering content digitization and transformation.

Connecting assets and integrating asset data platforms: Real-time data management, KPI dashboards, IIOT and edge services for unconnected and stranded data, data engineering, alarm management, anomalies detection, data platforms, data and AI/ ML-driven intelligent use cases and predictive and prescriptive analytics, reporting, mobility, augmented reality and virtual reality (AR/VR) solutions, and remote operations.

Enhancing worker performance: Connected workers and wearables, field mobility, personnel safety, enhanced automation and self-optimizing assets, knowledge capture, electronic work permits, operator training simulators, energy management, and environmental reporting.

Enabling low-carbon performance: Energy management and environmental reporting. 

Delivering capital projects: Digital front end engineering design (FEED), estimation and scheduling, project and portfolio management, scenario analysis, integrated engineering and operations information, engineering lifecycle management, and asset information management.

Optimizing team performance: Integrated collaborations for asset teams and remote operations that accelerate quality decision-making across locations and functions, improving situational awareness, delivering future workplace design, collaborative environments and integrated operations centers.

What You Will Get From Purchasing This Professional Service. Deliverables

We help energy companies optimize production and manufacturing assets for greated performance and profitability.

Duration To Complete Service. How Long Before Service Is Completed

Weeks. Months. Varies.

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About Wipro

We're fueling the next wave of AI-driven innovation by infusing AI across our ecosystem—into every tool, platform, and solution, across every business function, process, and practice.

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