events, press and some insights from kwantis team
What are the critical drivers to prioritize the interventions on mature oil&gas assets? kwantis supported the drilling and HSE departments of a major oil company through a comprehensive quantitative risk assessment, combining technical, environmental and safety factors in a complex legislative framework.
kwantis is pleased to welcome a new colleague, Jacopo Magni. Jacopo, Italian, has a MSc in Computer Science and Engineering and previous experiences in software development for the travel industry.
kwantis will present its solution Riskturn at the Accounting & Finance Show in NYC on 10-11th July 2019. Riskturn is an innovative software to perform risk-based financial planning. Looking forward to meeting you at our booth 506 in the Tech Zone!
Finance show webpage
Come to visit kwantis booth at the IADC Conference & Exhibition in Milan on 19-20th June 2019. During the Conference kwantis will also make a presentation together with Saipem regarding id3 application, under the title "Multi Source Data Analysis to Drive Drilling Excellence".
Conference website
Kwantis will participate to the 17th Oil, Gas & Petrochemical Engineering Exhibition, happening from 18th to 20th June 2019 in Kuala Lumpur, Malaysia. Come and have a live demo of our ID3 solution for drilling optimization on Eftech stand 4413 in Hall 4.
Exhibition website
kwantis is now a member of IADC, in order to support the deployment of id3 solution among drilling contractors. IADC (International Association of Drilling Contractors) is the forum for all oil and gas drilling industry stakeholders to connect, share knowledge, and develop solutions to critical issues.
IADC certificatekwantis is pleased to welcome a new consultant, Seda Mizrak. Seda, Turkish, has a MSc in Civil Engineering and previous risk management experiences in major infrastructure projects.
kwantis is extending ID3 functionalities providing an enterprise Data Hub capable of acting as a single entry point for all digital data coming from the drilling field. ID3 Data Hub has been configured for a major Oil&Gas client, feeding real-time machine learning models for failure prediction with a full integration with Company Hadoop-based data lake.
ID3
kwantis renewed the collaboration with Enereco, providing an Integrated Cost & Schedule Risk Analysis on a major field development in Middle East. An intense workshop, together with a major European oil Company, allowed to highlight main project risks, define accurate cost estimations and drive the mitigation plan to secure project objectives.
A publication about Riskturn solution for Upstream Portfolio Management is available in the last Technical Bulletin of Society of Petroleum Engineers (SPE) - Italian Section. The solution provides a complete assessment of single assets and portfolio of assets, including all fiscal models specific to the Oil & Gas Industry. Riskturn is distributed in 3 versions: Investment Evaluation, Enterprise Risk Management, and Upstream Portfolio. Stay updated!
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SUMMARY
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