Huawei Demonstrates Safe and Efficient Oil and Gas ICT Solutions at ADIPEC 2017

Huawei, the leading global ICT solutions provider held its Global Energy Summit in Abu Dhabi on November 12. With the theme of 'Leading New ICT for Higher Safety and Efficiency in the Oil and Gas Industry', this summit attracted more than 200 customers, partners, and senior experts from the oil and gas industry, who gathered to discuss how to reduce costs, ensure safe operations, achieve sustainable development, and boost the oil and gas industry's transition to smart operations. At the 20th Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), Huawei, with industry partners, such as Schlumberger, Honeywell, SAP, and Richfit, demonstrated a series of innovative ICT solutions that cover the entire industry chain from exploration, production, storage, and transportation to distribution.

Safe and Efficient Huawei Digital Oil and Gas Solutions, Serving 70% of Global Top 20 Oil and Gas Companies

With the growth of global energy demands, the oil and gas industry faces fierce competition and severe challenges. Oil and gas companies and investors are in urgent need to utilize the latest ICT technologies and management processes to reduce costs and ensure safe operations. Against this backdrop, innovative ICT plays an important role in digital transformation of the oil and gas industry.

Mr. Jerry Ji, President of the Energy Sector of Huawei Enterprise BG, gave a keynote speech at the summit. Mr. Jerry Ji said, "It is an honor for Huawei to see all guests at the summit. Today's oil and gas industry is facing tremendous challenges. For example, the average oil recovery rate in the entire industry is only about 37%; over 70% oilfield assets are not effectively monitored and managed; more than 90% incidents arise from man-made improper operations. In addition, oilfield operations are still labor-intensive. Many workers are heavily tasked with routine check and maintenance. All these lead to high costs, low efficiency, and unsatisfactory yields for oil companies. To help oil companies confidently address these challenges, continuous digital construction and digital transformation are among the most feasible ways.

Based on its ever-deepened understanding of oil and gas industry services, Huawei cooperates with more and more industry partners to launch innovative ICT solutions in terms of High Performance Computing (HPC), oil and gas IoT, digital pipeline, and enterprise operations management. These solutions help the oil and gas industry to implement and accelerate digital transformation, continuously lower costs and improve efficiency, and enhance safe production and operations management."