Woodside extends Accenture predictive maintenance agreement

Offshore staff

PERTH, Australia Woodside (ASX:WPL) has extended its relationship with Accenture (NYSE:ACN) to implement predictive analytics for maintenance and process-control in production operations across its LNG assets.

Under the agreement, Woodside will continue to use Accenture to deliver an end-to-end analytics solution for real-time actionable insights on LNG facilities, including the Pluto LNG Plant.

Accenture is working with Woodside to make analytics pervasive in decision-making; establishing models to drive proactive maintenance, and to support decisions to enhance production, safety and risk management capabilities.

Statistical modeling, data management, and visualization software will help combine huge amounts of production data to deliver business insights. Data will be accessible to Woodside engineers at any time, from anywhere in the world.

Woodside has achieved success in the development of predictive tools for its Pluto LNG Plant, including the deployment of predictive process monitoring tools. Woodside said it intends to extend this approach other producing assets.

09/22/2015

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