Aker BP Lowers Operating Costs And Increases Productivity With Its Digital Transformation Initiatives
Sebastian Winter
Access this research
Access all Process Safety Management Software content with a strategic subscription or buy this single report
Need help or have a question about this report? Contact us for assistance
Executive Summary
This report is one in a series which explores case studies around the adoption of operational excellence technologies and asset performance management solutions at prominent industrial firms. Many oil and gas asset operators rely on paper printouts for their jobs, which can lead to lost work time, delays to maintenance and therefore increase the incidence of asset failure. Aker BP, a Norwegian-oil and gas exploration firm, undertook a digital transformation initiative vis-à-vis its operations to increase productivity and lower costs. This initiative included a well surveillance system to detect early signs of well failure and provide alerts; a smart monitoring system that combines physics-based modelling and domain knowledge to optimize produced water disposal; an analytics-based method for calibrating multiphase flow meters (MPFMs); and a 3D model of its oilfields to reduce time spent on manual inspections and locating equipment. These initiatives are estimated to reduce Aker BP’s operating expenses by 15%, saving $22.5 million annually.Aker BP Integrates Worker And Asset Data To Create A Centralized Platform For Data-Driven Insights
About the Authors
Sebastian Winter
Industry Analyst
Sebastian is an Industry Analyst in the Verdantix Operational Excellence practice. His research agenda covers digital twins for industrial facilities, asset management softwar...
Malavika Tohani
Research Director
Malavika is a Research Director at Verdantix, guiding research that explores how digital technologies and services are reshaping industrial operations to become safer, more ef...
View ProfileOther related content
Control of Work (CoW) is critical to preventing serious injuries and fatalities, the top priority of 80% of EHS leaders. Yet many organizations still rely on paper-based processes ...
Upcoming / 19 February, 2026
2026 will be the year reactive EHS programmes start to fail. Escalating climate hazards, quality failures driven by supply-chain instability and the breakneck advance of AI are exp...
28 January, 2026
Industrial firms are under growing pressure to keep assets reliable, efficient, and low-emission – all while navigating workforce gaps, digital transformation, and cost constraints...
15 December, 2025
As the initial hype around enterprise AI gives way to practical realities, organizations are adopting a more measured and value-driven approach to AI investments. But for those tas...
03 December, 2025
Permit to work (PtW) and e-permit software have long been a foundation of safe operations. But in today’s landscape of complex operations, pressure to sustain production, skilled w...
28 October, 2025
Asset integrity is key to an effective asset strategy, and new technology is transforming the space. After 30 years of reliance on manual inspections, developments in AI and comput...
25 November, 2025