Home Energy system Shell offers new AI-based applications as part of the Open AI Energy Initiative

Shell offers new AI-based applications as part of the Open AI Energy Initiative

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Offers offering significant time and money savings for the energy and process industries

REDWOOD CITY, CA & THE HAGUE, The Netherlands – C3 AI (NYSE: AI) and Shell (NYSE: RDS) today announced three new Shell products that will be available through the Open AI Initiative (OAI), an ecosystem open artificial intelligence AI-based solutions for the energy and process industries.

The OAI, launched by C3 AI, Shell, Baker Hughes and Microsoft in February 2021, provides an open framework for energy operators, service and equipment providers and independent software vendors to deliver interoperable solutions, powered by the BHC3 AI suite and Microsoft Azure. The three new OAI products – Shell Process Optimize for LNG, Shell Corrosion Advanced Risk Modeling and Analytics, and Shell Autonomous Integrity Recognition – target use cases that will solve key challenges for energy companies. Using Shell’s proven, domain-specific AI applications, built on BHC3’s scalable AI application development platform and SaaS applications, businesses can quickly move from data discovery and cleansing application deployment and value realization in critical business areas.

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Details on the new offerings are outlined below:

  • Shell process optimizer for LNG – The app combines advanced LNG engineering and technology with data analysis to improve asset production by helping asset engineers close the gap between current and optimal production (“gap from to potential ”) by modifying the key operating conditions identified as leveraging optimization. The app integrates sensor information, such as pressure, temperature, and flow, to calculate the optimum setting using custom asset machine learning models. It reveals unknown correlations and weak points, and derives the best suitable strategies as optimization know-how. The application, capable of handling operational, economic and technical constraints, Shell Process Optimizer for LNG generates actionable information that can be integrated and fed into the continuous closed-loop process control layer for sustainable realization of benefits.
  • Shell Corrosion Advanced Risk Modeling and Analytics – The application uses new data analysis techniques to predict internal corrosion and erosion in order to better prioritize and target inspection and maintenance activities. Using a variety of collected site data and with the help of artificial intelligence, the software provides new information to predict corrosion and erosion and identify degradation before leaks occur. By using this solution, operators can reduce inspection costs and HSSE risk, minimize the cost of associated leaks, and safely push production to the limit. Additionally, Shell Corrosion Advanced Risk Modeling and Analytics reduces the need for tedious manual inspections in the field, resulting in significant time and cost savings.
  • Shell Autonomous Integrity Recognition – The app allows inspectors to quickly and easily use automated image capture and evaluation to support the execution of external integrity inspections. By processing data in the cloud from inspections performed with handheld devices, drones and robots, the solution enables inspectors to objectively assess issues, identify items that have been overlooked, reduce the time it takes to office to generate reports and improve maintenance entries. Planning. Shell Autonomous Integrity Recognition app allows users to identify and categorize external corrosion and insulation issues with Machine Vision to reduce leakage. By using it, users can improve the quality, efficiency and standardization of visual inspections.

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These products expand the portfolio of solutions available to OAI subscribers and help accelerate the adoption of enterprise AI in the energy and process industries.

“Previously, there was no framework for oil and gas operators to subscribe to proven AI and advanced analytics solutions offered by other operators,” said Thomas M. Siebel, CEO of C3 AI. “By bringing more solutions based on the BHC3 AI suite to OAI, Shell is demonstrating its market leadership and making OAI a unique collaboration model.

These applications also broaden the focus areas of OAI offerings, from asset and system reliability to facility and facility optimization and asset integrity, adding to an expanding portfolio of applications and highly differentiated, proven, domain-specific AI modules that are interoperable. These applications can be deployed together to realize business value and create scalable and scalable reference architectures.

“The products announced today have already been deployed at Shell and have been proven to create operational efficiencies and savings or generate additional revenue and opportunities,” said Dan Jeavons, vice president of computer science and digital innovation at Shell. “As more and more products are added to the growing OAI ecosystem, we look forward to working with C3 AI, Baker Hughes and other ecosystem partners to create the next generation platform of the future. energy system. ”

About C3.ai, Inc.
C3.ai, Inc. (NYSE: AI) is the enterprise AI application software company accelerating the digital transformation of organizations around the world. C3 IA ® offers a family of fully integrated products: C3 AI® Suite, an end-to-end platform for the development, deployment and operation of large-scale AI applications; C3 AI Applications, a portfolio of industry-specific SaaS AI applications; C3 AI CRM, a suite of industry-specific CRM applications designed for AI and machine learning; and C3 AI Ex Machina, a codeless AI solution for applying data science to everyday business problems. The core of the C3 AI offering is an open, model-based AI architecture that dramatically simplifies data science and application development. Find out more at: www.c3.ai.

About Royal Dutch Shell plc
Royal Dutch Shell plc is incorporated in England and Wales ‚has its registered office in The Hague and is listed on the London‚ Amsterdam ‚and New York stock exchanges. The Shell companies have operations in more than 70 countries and territories with activities including exploration and production of oil and gas; production and marketing of liquefied natural gas and gas in liquids; manufacturing, marketing and shipping of petroleum products and chemicals and renewable energy projects. For more information, visit www.shell.com. The companies in which Royal Dutch Shell plc directly and indirectly hold investments are separate legal entities. In this document, “Shell” is sometimes used for convenience when references are made to Royal Dutch Shell plc and its subsidiaries in general.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211109005579/en/

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Contacts

C3 AI Public Relations
Edelman
Lisa kennedy
415-914-8336
[email protected]

Investor Relations
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Shell Media Relations
Laura van Lingen
+31 (0) 70 377 8750
[email protected]

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