news

events, press and some insights from kwantis team

kwantis solution ID3 trusted by Repsol

kwantis solution ID3 trusted by Repsol

kwantis is proud to announce that Repsol is now analyzing its drilling performance using kwantis big data analytics solution ID3 (Integrated Drilling Data Discovery). With ID3, the huge amount of data collected by rig sensors is leveraged through advanced algorithms, providing objective KPI and key insights unveiling how to improve operational performance.

kwantis @ ADIPEC 2018

kwantis @ ADIPEC 2018

Great success at the ADIPEC 2018 in Abu Dhabi for the presentation of the paper " Multi Source Data Analysis To Improve Drilling Efficiency, Reduce Costs and Enhance Performance Monitoring" prepared by Eni and kwantis. The paper summarizes the economic benefit of the implementation of ID3 in Eni drilling activities.

Thanks for your participation

Thanks for your participation

It was such a wonderful opportunity to share approaches and lessons learned on uncertainties management with 100+ engineers and employees from different industries. Kwantis thanks its organizing partners and the speakers from the Milan Orders of Engineers, the Society of Petroleum Engineers, Edison E&P, Eni and Politecnico di Milano for the great team work done. See you at the next event!

Workshop on

Workshop on "Uncertainty Management"

Kwantis is pleased to invite you to the workshop "Uncertainty Management: a brighter vision for decision making" organized in collaboration with Edison Exploration & Production, the Society of Petroleum Engineers and the Milan Orders of Engineers. The workshop will take place at Sala Azionisti Edison (Foro Bonaparte 31, Milano) on October 9th, starting from 2 PM Milan time. Register your participation here.
Looking forward to meeting you at the event!


Download workshop program
New collaboration with Enereco

New collaboration with Enereco

kwantis initiated a collaboration with Enereco, a major engineering company, in order to provide Project Risk Management services (integrated cost & schedule risk analysis) on a major field development in Middle East.

Welcome Giovanni

Welcome Giovanni

kwantis is pleased to welcome a new consultant, Giovanni Patruno. Giovanni, Italian, has a MSc in Computer Science and Engineering and previous experiences in software development and machine learning.

kwantis published an article on SERRA

kwantis published an article on SERRA

kwantis, in collaboration with Eni and Politecnico di Milano, published an article in the scientific journal "Stochastic Environmental Research and Risk Assessment" (Volume 32, Issue 9, September 2018). The article describes an innovative approach for the probabilistic risk calculation of uncontrolled hydrocarbons release during deepwater oil wells drilling, including a comparative of both standard and Eni innovative technologies of intervention in terms of their potentials to mitigate environmental impacts and risks related to the oil spill.


Download Article
Welcome Martial

Welcome Martial

kwantis is pleased to welcome a new consultant, Martial Wafo. Martial, Cameroonian, has a BSc in Computer Science and Engineering and previous experiences in cyber security and software development.

Riskturn used for EBIT at Risk calculation

Riskturn used for EBIT at Risk calculation

Kwantis and its IT Partner Techedge are implementing their common solution Riskturn for a world leading tyre manufacturer. The purpose of Riskturn is to support the listed company to calculate EBIT at Risk and Return on Sales at Risk, thanks to its powerful and cloud engine for Monte Carlo simulation.


Riskturn
Tender bidding optimization model

Tender bidding optimization model

Kwantis has developed a bidding optimizing model for a major energy service and contracting company in Middle East. This innovative and replicable model calculates the best price mix according to a number of objectives, constraints and variables related to each tender bid, maximizing the operating margin and the delivery of goods and services.