North Kuwait KwIDF nominated for ‘Best Digital
Transformation’ award at 2018 World Oil Innovations Awards
October 12, 2018, HOUSTON – The upstream oil and gas
industry’s brightest minds gathered to celebrate the winners of the 2018 World
Oil Awards. The ceremony recognizes and honors the upstream industry’s top
innovations and innovators.
In this year’s ‘Best Digital Transformation Award’ category,
Kuwait Oil Company (KOC) and Halliburton was nominated for the North
Kuwait KwIDF (Kuwait Integrated Digital Field) project. The project
is an example of advanced technology and innovation in action, made possible
through the close collaboration of KOC and Halliburton. It is a large-scale,
digital production management implementation encompassing five complex, mature fields
and over 1,200 wells located in North Kuwait. The system delivers valuable
insights to executives and engineers, by bringing asset intelligence to their
fingertips—from the field to the boardroom— and providing the basis for making
informed, data-driven decisions. The innovative integration of real-time data,
leading-edge technology, people and work processes aims to optimize production
and ultimate recovery for the long term.
NK KwIDF continues to be industry leader in Digital
Transformation as it accelerates the data-to-decisions cycle at all levels of
the KOC organization, by empowering production workflows with digitalized
capabilities, such as artificial intelligence (AI) and cutting-edge advanced
analytics.