Digital technologies revamping, China is a global leader in 5G networks development that substantially increases memory storage and accelerates speeds for wireless internet (WiFi) and that is leading to significant upgrades in artificial intelligence (AI), Internet of Things (IoT), smart technologies, robotics, Big Data, self-autonomous vehicles and so much more.

Digital technologies revamping the energy industry

Digital technologies revamping, Chinese oil and gas companies stand well poised to integrate its digital technologies with their drilling, exploration and refining capacities. Additionally, energy companies have also tapped into what’s now known as Intelligent Automation (IA) that has developed a “smart brain” or command center as a crucial part of its functions. Chinese energy companies have been reaping the rewards of IA and will continue onward with it. By reviewing China’s National Development and Reform Commission (NDRC) 14th Five-year Plan (2021-2025) for the energy sector places, we can see that it places special emphasis on the wider utilization of 5G, AI, cloud computing, blockchain, IoT and big data. The NDRC announced plans to connect smart technologies with upgrading equipment facilities in oil and gas fields, pipeline networks and its related warehouses. China’s top three oil and gas companies are Sinopec, China National Petroleum Corporation (CNPC), and China National Offshore Oil Corporation (CNOOC). The big three have marched ahead on artificial automation by revamping their respective software and hardware technologies in order to bridge gaps between digital technologies and traditional operations.

Digital technologies revamping, Oil companies engaged in drilling, exploration and refining have always been highly complex that constantly requires hi-tech equipment upgrades to keep pace with competitors. Chinese oil companies recognize that they still have a long way to go to reach peak capacity when going digital. Luo Zuoxian, head of intelligence and research at the Sinopec Economics and Development Research Institute, told the China Daily, “Chinese companies are eager to explore smart oil and gas fields, but such development is still at an early stage.” Nevertheless, the Daqing Oilfields Co., a subsidiary of the CNPC, runs an oilfield in northeast China’s Heilongjiang Province that covers an area of 3 square kilometers was founded over 60 years. But in recent years, the oilfield has undergone a digital transformation, since Daqing Oilfields Co. is pioneering the use of drones, 5G, IoT, big data and video surveillance to oversee their operations. Cheng Jiecheng, chief technology officer at Daqing Oilfields Co., is quoted by the China Daily as saying, “We are … promoting a three-step strategy of building a digital, smart and intelligent oilfield.” For the moment, nearly 500,000 internet-connected devices are collecting data of operations at the oilfield, as well as more than 10 billion sets of real-time data flow online every second. He explained the company has constructed a “smart brain”-a command center where technicians manage and control 120,000 oil and gas wells, 8,100 oil and gas stations, 100,000 km of oil and gas pipelines, and 30,000 km of electricity lines.

Source: This news is originally published by cgtn

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