News listings

energy-pedia general news

Saipem and AVEVA sign a MoU to develop AI solutions for engineering in the energy and infrastructure sector


28 Dec 2024

  • Saipem and AVEVA are partnering to develop cutting-edge AI-driven solutions to optimise the engineering design and construction in the energy and infrastructure sector
  • This partnership will combine AVEVA’s experience in engineering design solutions and leadership in artificial intelligence, with Saipem’s deep expertise and market leadership in engineering and technological innovation for the delivery of major projects
Photo - see caption

Saipem, a global leader in engineering services for the energy and infrastructure sectors, and AVEVA, a global leader in industrial software, have signed a Memorandum of Understanding (MoU) to co-develop enhanced solutions based on artificial intelligence (AI) and machine learning to support the engineering design and construction of energy and infrastructure facilities.

The collaboration between Saipem and AVEVA will focus on three areas of interest: optimisation of both 3D modelling and project planning, streamlining of material procurement and project supply chain.

By implementing AI-driven solutions, Saipem aims to enhance the efficiency and effectiveness of projects throughout the entire lifecycle, from estimation to plant design and construction. AVEVA will support Saipem in creating software that leverage generative and predictive design to develop multiple simulation scenarios to optimise plant design in 1D, 2D and 3D. The goal is to reduce the time required to complete project tasks, foster better communication among stakeholders, improve consistency, and allow people to concentrate on value-added and strategic activities.

Paolo Albini, Chief Supply Chain, Digital and IT Officer at Saipem, commented: 'Saipem’s goal is to define a new way of delivering projects by leveraging on our deep experience and the potential offered by Artificial Intelligence applications to develop optimized, fast and innovative engineering solutions that enable our clients to reduce the time-to-market and support them in the path towards Net Zero'.

'Our ambition is to leverage on AVEVA and Saipem’s unique expertise, to jointly develop cutting-edge AI-driven engineering solutions. The new solutions will enhance the performance, efficiency and delivery of world-class engineering projects, ensuring that the carbon footprint is minimised at each step' commented Caspar Herzberg, CEO, AVEVA.

Original announcement link

Source: Saipem





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 195

Completed Deals

Completed Upstream Deals: 6640

Company Profiles

Current Company Profiles: 2932

Corporate Activity

Current Corporate Activity articles: 4197

Companies Looking

Current number of articles: 466

Company Sales

Current Company Sales articles:1674

Geostudies

Current Geostudies articles: 1003

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Syntillica
Borchwix
Union Jack Oil 149
Telos NRG
OPC
Merlin
Bayphase
energy365
Rose & Assocs
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com