Achieving Energy Savings Through Monitoring and Data Analysis
Abstract This paper explores the pivotal role of continuous monitoring and data analysis in establishing an effective energy management system within the oil and gas industry. As global energy demands continue to surge, the imperative for fuel efficiency and carbon footprint has become a critical concern for utility providers. Organizations across the sector are persistently seeking innovative ways to optimize plant operations, control life cycle costs, and mitigate fuel consumption and carbon footprint. ADNOC Gas, a leading energy company in the United Arab Emirates, has adopted a proactive approach to enhance operational efficiency and accordingly revenue generation from its existing assets, including gas turbine generators, steam turbine generators, and boilers. By leveraging its in-house resources and expertise, one of the operating sites has successfully identified and implemented two distinct energy improvement initiatives through the application of continuous monitoring and data analysis. These initiatives underscore the value of a comprehensive energy management strategy that seamlessly integrates real-time monitoring, data-driven decision-making, and a steadfast commitment to operational excellence. By optimizing the performance of their critical assets, ADNOC Gas has achieved significant reductions in fuel consumption and carbon emissions, ultimately enhancing the company's overall sustainability and profitability. The paper's in-depth examination of the referred success story serves as a valuable case study for other utility providers and energy companies seeking to implement similar strategies to improve their own operational efficiency and environmental performance. The insights presented in this paper offers a roadmap for organizations looking to leverage the power of continuous monitoring and data-driven decision-making to drive sustainable energy management practices in the oil and gas industry.
Authors
- Mohamed S. Mohamed Ahmed (ORCID: https://orcid.org/0000-0001-6312-8560)
- Saqib Sajjad
Institutions
- Abu Dhabi National Oil (United Arab Emirates) (AE)
Publication Details
- Published
- 2024-11-04
- DOI
- https://doi.org/10.2118/222326-ms
- Primary Topic
- Reservoir Engineering and Simulation Methods
- Type
- article
- Field-Weighted Citation Impact
- 0.00