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Statoil Chooses Proficy® SmartSignal for Improved Uptime, Reliability, and Equipment Insight

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Press release date: February 18, 2014

Largest operator on the Norwegian continental shelf embraces predictive analytics for condition monitoring of heavy rotating equipment
Comprehensive solution provides early warning of impending failure, and deep insight into overall equipment health

CHARLOTTESVILLE, VA — GE Intelligent Platforms (NYSE: GE) announces that Statoil has chosen GE's Proficy® SmartSignal predictive-diagnostic software and services from GE's Industrial Performance Reliability Center (Industrial-PRC) to improve the uptime and increase the reliability of heavy rotating equipment such as gas turbines, generators and compressors.

Statoil, headquartered in Stavanger, Norway, is the largest Oil & Gas operator on the Norwegian Continental Shelf and operates more than 30 offshore platforms, in addition to onshore facilities such as gas treatment, crude oil reception, refinement and methanol production.

In considering Proficy SmartSignal, Statoil was looking for a solution with a proven track record that demonstrated timely payback while ensuring consistent implementation quality. As a result of a competitive proposal process Statoil chose GE Intelligent Platforms' Proficy SmartSignal solution, with a strong focus on the technical solution as well as the commercial aspects. GE completed the rollout and "go live" of the 50 equipment items (assets) in the initial phase in a little more than eight weeks.

The company intends to implement GE's software as part of its ‘Condition Monitoring Predictive Analytics' (CMPA) solution, initially for its offshore fleet. They are currently considering expansion of the solution to onshore and across its other regional business units.

"With Statoil's fleet of gas turbines and its large Bently Nevada installation, adding Proficy SmartSignal provides the greatest value solution for providing the foresight to help Statoil move towards becoming a fully proactive organization," said Brian Courtney, General Manager for GE Intelligent Platforms' Industrial Data Intelligence business. "The Industrial-PRC is staffed with oil & gas experts, which provides low risk and high value to Statoil by ensuring the proper adoption of the SmartSignal solution."

Proficy SmartSignal matched well with existing work processes and software tools used by Statoil's Condition Monitoring Centre.

Proficy SmartSignal predictive-diagnostic software identifies equipment problems and helps avoid unexpected shutdowns. The software identifies developing faults utilizing exception-based, prioritized, ‘apparent cause' diagnostics. This monitoring and diagnostic capability runs, 24 hours per day, seven days per week. GE's Industrial-PRC monitors more than 50 sites and 4,000 high-valued assets worldwide processing terabytes of data to predict equipment failures.

For more information about Proficy SmartSignal, please click here.

About GE
GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.


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