For Immediate Release
Nov 29, 2018
(Houston) ABS awarded GE Service Provider recognition for GE’s Marine Solutions’ SeaStream* Insight—a data analytics-informed solution that provides health and performance monitoring of rig equipment via a digital twin—enabling condition-based maintenance on ABS classed rigs, within an ABS Preventative Maintenance Program. ABS worked with GE to verify and validate its capabilities on several equipment types.
The GE recognition is in line with the ABS Guidance Notes on Smart Function Implementation, which outline data infrastructure requirements for marine and offshore assets to facilitate machinery health and performance monitoring. GE’s digital twin models and data analytics afford comprehensive trending of operational data to monitor health-state towards predicting anomalies or degradation of marine and drilling equipment installed on vessels.
“Working with ABS, we are proactively improving uptime in drilling operations and reducing maintenance costs for drilling contractors,” said Krishna Uppuluri, VP Products, GE’s Marine Solutions. “Currently deployed on some offshore vessels, the solution targets a 20 percent reduction in maintenance operating expenditures.”
GE’s SeaStream Insight solution is the first recognized by ABS for a third-party service provider. Leveraging results from analytics models for rig-specific condition information, ABS aims to provide targeted and optimized class surveys.
“ABS is building on our maritime industry leadership—merging our deep knowledge of offshore assets with new capabilities in data science and advanced analytics to help our clients achieve operational efficiencies—while improving their class experience,” said ABS Chairman, President and CEO Christopher J. Wiernicki.
ABS recognizes GE as a Service Provider in accordance with ABS Preventive Maintenance Program requirements and its Smart Guidance to facilitate using GE’s solutions on ABS classed rigs. The initial program covers six equipment types; Thruster Electrical and Mechanical Drive Train; Rig Jacking System; Power Generation Engines and Generator Sets; Topdrives; Mud Pumps; and Drawworks.
“We are excited to support GE and the industry in utilizing GE’s digital rig solution. This is completely consistent with our efforts to integrate digital technologies into the survey model,” said Wiernicki. “Going forward the ABS-recognized solution, based on smart technology implementation, will help prioritize repair and maintenance requirements, reduce downtime and allow assets to remain in service longer, while also meeting class requirements.”
GE’s SeaStream Insight solution was developed to connect data across the vessel, providing a holistic view of operations intelligence. By comparing real-time data with its digital twin, it can predict the level and rate of equipment degradation and avoid potential equipment failure, giving early warnings and suggested corrective actions.
“ABS’s recognition of GE’s SeaStream Insight solution for equipment and systems health trending is a key milestone in ensuring the smooth and successful digital transition of the marine industry,” said Azeez Mohammed, president and CEO, GE’s Power Conversion business. “Already out at sea and driving outcomes for customers, the solution will continue to serve the best interests of those who desire to be part of the digital marine revolution.”
ABS introduced comprehensive guidance providing the marine and offshore industries a goal-based framework to enable data-driven decision-making based on smart technology. The ABS Guidance Notes on Smart Function Implementation support data infrastructure development, enabling health and performance monitoring and augmenting vessel operations leading to more informed decisions. The guidance, the first in a series of planned publications on Smart Technology, sets an actionable framework for owners, operators and equipment manufacturers to take smart steps today in preparation for an efficient and environmentally sustainable future.
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ABS, a leading global provider of classification and technical advisory services to the marine and offshore industries, is committed to setting standards for safety and excellence in design and construction. The organization is focused on the practical application of advanced technologies and digital solutions in support of its safety mission.
GE (NYSE:GE) drives the world forward by tackling its biggest challenges: energy, health, transportation—the essentials of modern life. By combining world-class engineering with software and analytics, GE helps the world work more efficiently, reliably, and safely. For more than 125 years, GE has invented the future of industry, and today it leads new paradigms in additive manufacturing, materials science, and data analytics. GE people are global, diverse and dedicated, operating with the highest integrity and passion to fulfill GE’s mission and deliver for our customers. www.ge.com
For more information, please contact:
ABS Global Media Relations Manager
+44 (0)20 7377 4514
Wenlin Jin, GE
Power Conversion, External Affairs
+33 (0)61013 0253