Woodside Petroleum Limited

Published : September 21st, 2015

Woodside Teams with Accenture to Implement Predictive Analytics for LNG Operations

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

Woodside Teams with Accenture to Implement Predictive Analytics for LNG Operations

Woodside Teams with Accenture to Implement Predictive Analytics for LNG Operations


PERTH; Sept. 21, 2015 - Woodside (ASX: WPL) has extended its relationship with Accenture to implement predictive analytics for maintenance and process-control in production operations across its liquefied natural gas (LNG) assets.

Under the terms of the agreement, Woodside is using Accenture to deliver an end-to-end analytics solution for real-time actionable insights on its LNG facilities, including the Pluto LNG Plant.

Accenture's data scientists and technologists are working with Woodside to rapidly make analytics pervasive in decision-making; establishing models specifically to drive proactive maintenance strategies and support decisions to enhance production, safety and risk management capabilities.

Statistical modelling, data management and visualisation software will help combine huge amounts of production data to deliver business insights. Data will be accessible to Woodside engineers at any time, from anywhere in the world using cutting-edge applications.

Woodside senior vice president strategy, science and technology Shaun Gregory said the company is leveraging its extensive knowledge and skills as a leading LNG operator to progress major opportunities in predictive analytics.

"By harnessing more than 30 years of leading LNG operational experience through predictive analytics we are enabling our people to access extensive analytical insights that are expanding our decision-making capabilities and enhancing our ability to be predictive in our LNG operations," he said.

Through the collaboration, Woodside has already achieved success in the development of predictive tools for its Pluto LNG Plant, including the deployment of predictive process monitoring tools. This innovative analytics methodology and capability will be extended to some of Woodside's other producing assets.

Based on its extensive oil and gas experience, Accenture will contribute robust delivery capabilities for advanced analytics solutions and a global pool of data science skills.

"This approach will support Woodside's journey in digital transformation and its future vision for intelligent operations," said Paul Carthy, managing director in Accenture's energy industry group. "The predictive and process control analytics models are designed to deliver valuable business insights and drive increased performance and proactive maintenance strategies, ensuring Woodside's position as a leader in digital energy."

About Accenture
Accenture is a global management consulting, technology services and outsourcing company, with more than 336,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world's most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$30.0 billion for the fiscal year ended Aug. 31, 2014. Its home page is www.accenture.com

Accenture Analytics, part of Accenture Digital, delivers insight-driven outcomes at scale to help organizations improve their performance. With deep industry, functional, business process and technical experience, Accenture Analytics develops innovative consulting and outsourcing services for clients to help ensure they receive returns on their analytics investments. Accenture also offers analytics platforms that can drive data-driven decisions: the Accenture Insights Platform - an end-to-end analytics solution designed to deliver real-time actionable insights - and the Accenture Analytics Applications Platform - a scalable platform that develops industry- and function-specific advanced analytics applications that are reusable, configurable and adaptable to meet the needs of each unique company and its individual users. For more information follow us @ISpeakAnalytics and visit www.accenture.com/analytics

About Woodside
Woodside is an Australian oil and gas company with a global presence, recognised for its world-class capabilities - as an explorer, a developer, a producer and a supplier. The company's producing LNG assets in the north-west of Australia are among the world's best facilities, including the North West Shelf Project and Pluto LNG Plant.

Woodside's proven track record and distinctive capabilities are underpinned by 60 years of experience. With an exploration portfolio that includes emerging and frontier provinces in Australia and the Asia-Pacific region, the Atlantic margins and Latin America and Sub-Saharan Africa, development interests in Canada and Timor-Leste and a growing network of office locations, Woodside is transforming to become a global business.

Woodside believes technology and innovation are essential to unlocking future growth and commercialising assets and continually expands its technical knowledge to discover new solutions and learn valuable lessons.www.woodside.com.au.

Read the rest of the article at www.noodls.com
Data and Statistics for these countries : Australia | Canada | All
Gold and Silver Prices for these countries : Australia | Canada | All

Woodside Petroleum Limited

CODE : WPL.AX
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Woodside Petroleum is a oil exploration company based in Australia.

Woodside Petroleum is listed in Australia and in Germany. Its market capitalisation is AU$ 26.6 billions as of today (US$ 19.2 billions, € 18.9 billions).

Its stock quote reached its highest recent level on October 04, 2018 at AU$ 39.23, and its lowest recent point on March 27, 2020 at AU$ 15.03.

Woodside Petroleum has 842 440 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Nominations of Woodside Petroleum Limited
5/18/2011Appointment of Non-Executive Director
5/12/2011Appoints New CEO
Financials of Woodside Petroleum Limited
7/19/2011Second Quarter 2011 Report
Project news of Woodside Petroleum Limited
7/14/2016Woodside's proposed acquisition of Conoco's Senegal interest
5/5/2011Oil Discovery at Laverda North
Corporate news of Woodside Petroleum Limited
9/1/2016 Notification of dividend
8/19/201619.08.2016 2016 Half-Year Results - Teleconference
7/13/201614.07.2016 Woodside Agrees to Acquire ConocoPhillips Interes...
7/13/201614.07.2016 Woodside Agrees to Acquire ConocoPhillips' Intere...
6/27/201627.06.2016 Greater Enfield Oil Development Approved
5/19/201620.05.2016 Woodside Books Contingent Resource in Myanmar
5/19/201620.05.2016 2016 Investor Briefing Day
5/9/2016GSV Capital reports 1Q loss
2/1/201601.02.2016 Update on Wheatstone Schedule
2/1/201604.01.2016 Woodside Discovers Gas Offshore Myanmar
2/1/201621.01.2016 Fourth Quarter 2015 Report
9/21/2015Woodside Teams with Accenture to Implement Predictive Analyt...
9/14/2015Oil Search Rejects Woodside $8 Billion Offer --- Energy Jour...
9/14/2015Oil Search rejects A$11.6bn Woodside bid
9/14/2015Oil Search rejects Woodside proposal – Chairman briefing tra...
9/9/2015M&A market surges with $40bn in new deals
9/8/2015Woodside / Oil Search: it's a gas
8/19/2015Edited Transcript of WPL.AX earnings conference call or pres...
4/10/2015Apache Completes Sale of Kitimat LNG
4/2/2015APACHE COMPLETES SALE OF WHEATSTONE LNG, PROVIDES UPDATED CL...
9/6/2011Appendix 3Y (Cilento)
8/23/20112011 Half Year Shareholder Review
8/17/20112011 Woodside Half-Year Results
6/30/2011Executes Browse Native Title Agreement
6/23/2011Appendix 3Y (Coleman)
6/23/2011=?utf-8?Q?Media_Release_-_Woodside,_Clontarf_and_Fr?==e2?=8b...
6/17/2011Pluto Cost and Schedule Update
5/23/2011Discovers Gas at Xeres-1
5/6/2011Claim Group Approves Proposal for Browse LNG Precinct
5/5/2011to issue US$700 million in corporate bonds & Appendix 3Y (Ci...
1/25/2010Gas Encountered in Noblige Well
10/6/2009DRP Notice Under Section 708A of the Corporations Act
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
AUSTRALIA (WPL.AX)FRANKFURT (WOPA.F)
31.57+1.94%19.09-1.01%
AUSTRALIA
AU$ 31.57
07/26 11:00 0.600
1.94%
Prev close Open
30.97 30.93
Low High
30.91 31.67
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  31.57 -%
Volume 1 month var.
3,831,517 -%
24hGold TrendPower© : 20
Produces
Develops
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
202243.96%35.7721.71
2021-3.56%27.3219.15
2020-34.97%36.2815.03
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.70-0.65%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 12.26+2.68%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.53-1.87%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.64-1.86%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 16.23+4.04%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+4.26%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20+2.63%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.88+0.53%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.71+0.19%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+5.56%Trend Power :