Energies Media
  • Magazine
    • Digital Magazine
    • Digital Magazine Archive
  • Features
  • Upstream
  • Midstream
  • Downstream
  • Renewable
    • Solar
    • Wind
    • Hydrogen
    • Nuclear
  • People
  • Events
  • Advertise
No Result
View All Result
Energies Media
No Result
View All Result

FutureOn® Launches FieldTwin™ for Smarter Offshore Field Development and Operations

by Energies Media Staff
April 30, 2019
in News, Oil and Gas News, Press Release
FutureOn® Launches FieldTwin™ for Smarter Offshore Field Development and Operations

Texas Consultancy Develops AI to Address Project Challenges in the U.S. Energy Sector

A Critical Mineral at a Critical Moment: The Importance of Restoring Domestic Tungsten Production in the U.S.

HOUSTON – Offshore drilling sees a resurgence with billions planned for investment in new greenfield developments. Digital strategists in the oil and gas sector see the opportunity to leverage new projects to introduce new, more transparent digital workflow processes into their operations. The industry frontrunner in the offshore digital space, FutureOn, today officially launches its digital twin platform FieldTwin, a cloud-based platform which enables the digital twin of the subsea field from first concept to first oil and beyond. FieldTwin digital data visualization of the offshore field allows for smarter, more collaborative, and efficient field planning and operations – getting companies to first oil faster.

“Forward-thinking companies understand the tremendous opportunity of Big Data analytics to gain a competitive advantage and deliver greater value from their significant investments offshore,” said Paal Roppen, chief executive officer of FutureOn.  “FieldTwin visualizes and centralizes data into a single source to increase collaboration, increase transparency, reduce costs, speed timelines and improve operations.”

FieldTwin:

InventU
InventU
  • Builds field architecture around a single source of truth thus improving collaboration between project teams and lowering risk;
  • Improves project workflow and data transparency, while protecting proprietary information;
  • Integrates IoT sensor data into a visual context dashboard for real-time monitoring of equipment statuses, well flow-rates, production values, vessel locations, and engineer tasks;
  • Streamlines previously unmanageable and underutilized data streams through 2D/3D visualizations;
  • Reduces installation timelines;
  • Secures data through Cloud security systems;
  • Connects artificial intelligence and historical data to well-planning, drilling, installation and operations to improve field layouts and concept selection.

“Our E&P customers eventually want to unman the platforms, and remotely monitor and maintain their offshore operations and assets,” Roppen continued. “FutureOn’s FieldTwin allows all stakeholders to now see more than ever before — the same information, at the same time to make more impact on a project’s outcome and make more efficient decisions that save time, reduce errors and mitigate risk.”

In recognition of the company’s impact on transforming traditional workflows in the oil and gas industry, the Offshore Technology Conference (OTC) has named FutureOn, the producer of FieldAP™— a FieldTwin platform application, a 2019 Spotlight on New Technology® Award recipient. The Spotlight on New Technology Award showcases 18 of the most advanced technologies that are leading the offshore industry into the future. OTC will present the award to FutureOn on May 6, 2019 at its annual conference, one of the best-attended in the sector, in Houston, Texas.

FutureOn will present in collaboration with McDermott and Siemens at their booths at OTC to demonstrate how FieldTwin is being leveraged currently by forward-thinking clients and partners’ digital strategies to empower their digital strategies.

For more on FieldTwin, visit us at OTC in Norwegian Pavilion at Booth #4438.

About FutureOn®

Headquartered in Oslo, Norway with an American division and offices here in the US, FutureOn® is a digital technology innovator enabling customers to see more possibilities for their assets and begin to make more forward-thinking choices. For more information on FutureOn®, visit: www.futureon.com and connect with us on Facebook, LinkedIn, and Twitter.

Author Profile
Energies Media Staff
Website
Author Articles
  • Energies Media Staff
    https://energiesmedia.com/author/oilmanwp/
    Drones
    September 8, 2025
    Revolutionizing Renewable Energy with Advanced Drone Technology
  • Energies Media Staff
    https://energiesmedia.com/author/oilmanwp/
    Global Shale Oil and Gas Landscape Set for Growth Beyond US
    August 26, 2025
    Global Shale Oil and Gas Landscape Set for Growth Beyond US
  • Energies Media Staff
    https://energiesmedia.com/author/oilmanwp/
    E-Fuels
    August 13, 2025
    2nd Annual World E-Fuels Summit
  • Energies Media Staff
    https://energiesmedia.com/author/oilmanwp/
    What Happens to Solar and Wind Systems During Natural Disasters?
    August 6, 2025
    What Happens to Solar and Wind Systems During Natural Disasters?
  • Energies Media Staff
    https://energiesmedia.com/author/oilmanwp/
    ship on body of water at night
    August 1, 2025
    Industry leaders to speak at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference 2025
  • Energies Media Staff
    https://energiesmedia.com/author/oilmanwp/
    ROGII and NRGX Technologies Ltd. Partner to Deliver Seamless LAS Data Integration for Upstream Workflows
    July 31, 2025
    ROGII and NRGX Technologies Ltd. Partner to Deliver Seamless LAS Data Integration for Upstream Workflows
LNG
TAMU

In This Issue

Energies Media Summer 2025

ENERGIES Media (Summer 2025)


Energies Media Interactive Crossword Puzzle – Summer 2025


Dewey Follett Bartlett, Jr.: Tulsa’s Champion of Independents


Bringing Safety Forward in Offshore Operations


NeverNude Coveralls: A Practical Solution for Everyday Dignity


Maximizing Clean Energy Tax Credits Under the Inflation Reduction Act


U.S. Oil Refineries Face Critical Capacity Test Amid Rising Demand


Meeting Emergency Preparedness and Response Criteria


How to Deploy Next-Gen Energy Savers Without Disrupting Operations


Moving Energy Across Space and Time


ENERGIES Cartoon (Summer 2025)


The Hidden Value in Waste Oil: A Sustainable Solution for the Future


Letter from the Managing Editor (Summer 2025)


Why Energy Companies Need a CX Revolution

E-Fuels
Expo
  • Terms
  • Privacy

© 2025 by Energies Media

No Result
View All Result
  • Magazine
    • Digital Magazine
    • Digital Magazine Archive
  • Features
  • Upstream
  • Midstream
  • Downstream
  • Renewable
    • Solar
    • Wind
    • Hydrogen
    • Nuclear
  • People
  • Events
  • Advertise

© 2025 by Energies Media