Shell Offers New AI-Powered Applications Through Open AI Energy Initiative
November 09 2021 - 9:00AM
Business Wire
Offerings to provide significant time and cost
benefits for the energy and process industries
C3 AI (NYSE:AI) and Shell (NYSE:RDS) today announced three new
Shell products that will be available through the Open AI
Initiative (OAI), an open ecosystem of artificial intelligence
(AI)-based solutions for the energy and process industries.
The OAI, launched by C3 AI, Shell, Baker Hughes and Microsoft in
February 2021, provides an open framework for energy operators,
service & equipment providers, and independent software vendors
to offer interoperable solutions, powered by the BHC3 AI Suite and
Microsoft Azure. The three new OAI products – Shell Process
Optimiser for LNG, Shell Corrosion Advanced Risk Modelling and
Analytics, and Shell Autonomous Integrity Recognition – target use
cases that will solve key challenges for businesses in the energy
industry. By using Shell’s proven domain-specific AI applications
built on BHC3’s scalable AI application development platform and
SaaS applications, businesses can rapidly move past data discovery
and cleaning to application deployment and realization of value in
critical business areas.
Details on the new offerings are outlined below:
- Shell Process Optimiser for LNG – The application
marries state-of-the-art LNG process engineering and technology
with data analytics to enhance asset production by helping asset
engineers close the gap between current and optimal production
(“gap to potential”) by changing key identified operating
conditions as optimization levers. The application integrates
sensor information, such as pressure, temperature, and flow rate to
calculate the optimum setting using custom-built asset machine
learning models. It reveals unknown correlations and sweet spots,
and derives the best suitable strategies as optimization know-how.
The application, capable of handling operational, economic, and
engineering constraints, Shell Process Optimiser for LNG generates
actionable insights that can be integrated and brought into the
continuous closed loop process control layer for sustained benefits
realisation.
- Shell Corrosion Advanced Risk Modelling and Analytics –
The application makes use of novel data analytics techniques to
predict internal corrosion and erosion to better prioritize and
target inspection and maintenance activities. By using a variety of
collected site data, and with the help of artificial intelligence,
the software provides new insights to predict corrosion and erosion
and identify degradation before leaks happen. By using this
solution, operators can lower inspection costs and HSSE risk,
minimise cost of related leaks, and safely push production to the
limit. Additionally, Shell Corrosion Advanced Risk Modelling and
Analytics reduces the need for manual, tedious field inspections,
resulting in significant time and cost savings.
- Shell Autonomous Integrity Recognition – The application
allows inspectors to quickly and easily make use of automated image
capture and evaluation to support execution of external integrity
inspections. By processing data in the cloud coming from
inspections carried out with handheld devices, drones and robots,
the solution enables inspectors to objectively evaluate issues,
identify items that have been overlooked, reduce the time needed at
the desk generating reports, and improve inputs to maintenance
planning. Shell Autonomous Integrity Recognition application allows
users to identify and classify external corrosion and insulation
issues with Machine Vision to reduce leakages. By using this, users
can improve the quality, efficiency, and standardization of visual
inspections.
These products expand the portfolio of solutions available to
OAI subscribers and help accelerate the adoption of enterprise AI
in the energy and process industries.
“Previously, there was no framework for Oil and Gas operators to
subscribe to proven AI and advanced analytic solutions offered by
other operators,” said C3 AI CEO Thomas M. Siebel. “By bringing
more solutions built on the BHC3 AI Suite to the OAI, Shell is
demonstrating market leadership and establishing the OAI as a
one-of-a-kind model of collaboration.”
These applications also broaden the focus areas of the OAI
offerings from asset and system reliability to facility and plant
optimization and asset integrity, adding to an expanding portfolio
of highly differentiated, domain-specific and proven AI
applications and modules that are interoperable. These applications
can be deployed together to realize business value and create
scalable, futureproof reference architectures.
“The products announced today have already been deployed at
Shell and have been proven to either create operational
efficiencies and savings or generate additional revenue and
opportunity,” said Dan Jeavons, Vice President Computational
Science and Digital Innovation at Shell. “As more products are
added to the growing OAI eco-system, we look forward to working
with C3 AI, Baker Hughes, and the other ecosystem partners to build
the next-generation platform for the future energy system.”
About C3.ai, Inc. C3.ai, Inc. (NYSE:AI) is the Enterprise
AI application software company that accelerates digital
transformation for organizations globally. C3 AI® delivers a family
of fully integrated products: C3 AI® Suite, an end-to-end platform
for developing, deploying, and operating large-scale AI
applications; C3 AI Applications, a portfolio of industry-specific
SaaS AI applications; C3 AI CRM, a suite of industry-specific CRM
applications designed for AI and machine learning; and C3 AI Ex
Machina, a no-code AI solution to apply data science to everyday
business problems. The core of the C3 AI offering is an open,
model-driven AI architecture that dramatically simplifies data
science and application development. Learn more at: www.c3.ai.
About Royal Dutch Shell plc Royal Dutch Shell plc is
incorporated in England and Wales‚ has its headquarters in The
Hague and is listed on the London‚ Amsterdam‚ and New York stock
exchanges. Shell companies have operations in more than 70
countries and territories with businesses including oil and gas
exploration and production; production and marketing of liquefied
natural gas and gas to liquids; manufacturing, marketing and
shipping of oil products and chemicals and renewable energy
projects. For further information, visit www.shell.com. The
companies in which Royal Dutch Shell plc directly and indirectly
owns investments are separate legal entities. In this document
“Shell” is sometimes used for convenience where references are made
to Royal Dutch Shell plc and its subsidiaries in general.
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C3 AI Public Relations Edelman Lisa Kennedy 415-914-8336
pr@c3.ai Investor Relations ir@c3.ai Shell Media
Relations Laura van Lingen +31 (0)70 377 8750
Laura.vanLingen@shell.com
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