SPE/IATMI Asia Pacific Oil &Amp; Gas Conference and Exhibition 2021
DOI: 10.2118/205772-ms
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A Comprehensive Review of the Fourth Industrial Revolution IR 4.0 in Oil and Gas Industry

Abstract: Digital transformation is one of the most discussed themes across the globe. The disruptive potential arising from the joint deployment of IoT, robotics, AI and other advanced technologies is projected to be over $300 trillion over the next decade. With the advances and implementation of these technologies, they have become more widely-used in all aspects of oil and gas industry in several processes. Yet, as it is a relatively new area in petroleum industry with promising features, the industry overall is stil… Show more

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Cited by 5 publications
(1 citation statement)
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“…In addition, the effective maintenance system also correlated with the cause-effect diagram relating to elements such as labour, equipment, method and machine [71] along with data, policies, techniques, considerations and instrumentation/tools [67,72]. The efficiency of the Maintenance Management System (MMS) may also be associated with the incorporation of AI techniques in the form of fuzzy games, neural networks and so forth in maintenance modeling and decision making [73,74] in addition to the involvement of high human expertise [75].…”
Section: Effectiveness In Oil and Gas Maintenance Managementmentioning
confidence: 99%
“…In addition, the effective maintenance system also correlated with the cause-effect diagram relating to elements such as labour, equipment, method and machine [71] along with data, policies, techniques, considerations and instrumentation/tools [67,72]. The efficiency of the Maintenance Management System (MMS) may also be associated with the incorporation of AI techniques in the form of fuzzy games, neural networks and so forth in maintenance modeling and decision making [73,74] in addition to the involvement of high human expertise [75].…”
Section: Effectiveness In Oil and Gas Maintenance Managementmentioning
confidence: 99%