Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Wood Group teams with University to launch oil and gas analytics offering

Wood's Bob MacDonald
Wood's Bob MacDonald

Wood Group is collaborating with the Centre for Applied Data Analytics (CeADAR), located at University College Dublin (UCD), to launch a new data analytics capability to deliver significant savings for the energy and industrial sectors.

Wood Group Kenny (WGK) will work with CeADAR to develop predictive analytics for deployment particularly in the oil and gas industry. This will initially be targeted at brownfield engineering services and will strengthen WGK’s existing services in the area of measured data analysis.

By tracking the integrity of system components, the service already delivers significant savings to clients through problem detection and optimization, leading to reduced inspection, intervention and maintenance costs.

Wood Group Kenny chief executive Bob MacDonald, said: “Maximising productivity is a strong focus, even more so in the current low oil price environment.

The accelerated development and deployment of advanced analytics capabilities will provide a significant enhancement to our existing brownfield engineering service line in 2016.

This specialist technical capability will allow Wood Group Kenny to handle data more efficiently and deliver a greater volume and variety of cost saving insights to our clients.”

CeADAR, funded by Enterprise Ireland and Industrial Development Authority (IDA) Ireland, is a market-focused technology centre for the innovation and application of big data analytics and visualization with industry partners.

Led by UCD, in partnership with University College Cork and Dublin Institute of Technology, CeADAR specialises in accelerated development and deployment of technologies such as data management, predictive analytics, machine learning, real time analytics and visualisation.

Dr Brian Mac Namee, principal investigator at CeADAR, said: “For CeADAR, working with Wood Group Kenny provides a great opportunity to apply the latest data analytics techniques to large, interesting, real world datasets, and to see this application make a difference to Wood Group Kenny’s business.”

Recommended for you

More from Energy Voice

Latest Posts