How will we solve the energy challenges of tomorrow?
By becoming a smart digital company today.
We’re no strangers to digital innovation. For decades, we’ve used technology to boost efficiency and improve health and safety. But now a new wave of digital transformation is driving change. Data is the new oil — and Equinor and our people are at the forefront of this revolution. Welcome to the digital energy company.
Data available anytime, anywhere
Predicting and preventing safety incidents
Robots are making our lives easier
Digital technology is a key enabler for us to develop to a broad energy company.
- Digital transformation is about shaping a resilient company and strengthening our competitiveness.
- The move from oil and gas to renewable energy is not that far, especially when it comes to digital solutions.
- Competence and collaboration are key to speed up innovation and energy transition.
Connectivity and data
Digitalisation is all about connectivity – collecting and comparing data from multiple sensors and sources, breaking down silos, enabling more informed decision-making — both in boardrooms and on platforms.
What is digitalisation?
- Digitalisation has many meanings, but in our industry, it refers to replacing manual or physical tasks with digital solutions
- Streamlining work processes by reducing time spent on manual or repetitive work tasks
- Advanced analysis of data – to better understand complex data so as to make better decisions
- Robotisation and remote control, improving operational regularity, reducing costs, improving safety by reducing human involvement in dangerous environments.
- Key elements are the Internet-of-Things (IoT), Big Data, predictive analytics, automation and artificial intelligence (AI)
What are the benefits?
- Combining these technologies shows correlations we couldn’t see before and inform better decisions — on platforms and in boardrooms
- Improved security, operations, and maintenance
- Increased production from fields
- Reduced greenhouse gas emissions
- A simpler, safer, more efficient workday
- Fewer manual and repetitive work tasks
- Improved analysis of seismic and geological data
- Improved cooperation with suppliers
- Prevention of equipment failures
- New sources of income from big data
Is there room for human workers in our digital world?
The true value of digitalisation is unlocked when we find the sweet spot between technology and human power
Thanks to digitalisation, our industry will become safer to operate, people will be taken out of harm’s way and there will be reduced risk of injury. At the same time, monotonous and repetitive tasks will be automated and taken over by robotisation, freeing up employees for other tasks.
These are just some of the opportunities we see coming from this technological transformation. New digital tools are altering the way we live and work.
Opportunities that will change our perspectives, support higher precision and quality in our work, and free up time and creativity to delve into the more challenging parts of the job.
It’s the ability to combine people and technology that will create advantages in the years to come.
Our digital vision
Digitalisation is changing us as a company. Equinor’s strategy is based on three pillars; always safe, high value and low carbon. New technology and smart devices provide better decision-making support and contributes to value creation through maximum use of our data.
Make data available anytime, anywhere
Enabling our employees to make better decisions, faster through accessible data and insights
Developing digital competence to become an industry leader
Digitalisation is as much about the mindset and the culture, as it is about tools and technology
Predicting and preventing safety and security incidents
By gathering and visualizing relevant data, we provide all the information needed to keep our people and operations safe
Robots will make our work easier
By reducing everyday repetitive tasks and human exposure. Future energy production will be lighter, more subsea and remotely controlled
Digitalisation is driving the next wave of improvements
Safety and sustainability in Equinor is strengthened through leveraging digital technologies. Here are some of the gains being achieved from digitalisation and innovation:
> USD 4 billion
Value creation producing fields
50% increase in cash flow improvements — 2020 to 2025. Equinor share pre-tax.
Remotely Operated Factory™ — Capex reduction
New facility concept compared to conventional
Automated drilling — Cost reductions
Automated drilling compared to conventional
USD 1 billion
Cash flow improvements already delivered in 2019 and 2020
Our ambition is to deliver USD 4 billion by 2025.
We’re sharing our data with the world. Here’s why.
Did you know that data sets from our Northern Lights, Volve and Hywind Scotland assets are open and available to researchers and students?
If you didn’t — here’s why we’re sharing them, what they contain, how to access them, and what it’s been used for so far. Data is the new oil, and we’re sharing a lot of it!
By sharing data, we can foster new ideas to solve complex energy problems.
A showcase of digital technologies
The Norwegian continental shelf has always been our laboratory for new technology. Now we are piloting and developing our digital solutions here too—and first among equals is our giant new field, Johan Sverdrup.
Johan Sverdrup is a pioneer in the use of new digital technologies that help us increase safety, reduce costs, maximise returns and reduce emissions.
Digital tools like Echo, HoloLens and Omnia cloud are transforming the way we work and taking our operations into the digital age, increasing efficiency, and reducing downtime, enabling our employees to do their jobs more safely and sustainably.
Digitalisation in practice
Here are our digitalisation initiatives
Equinor has made a significant business commitment to digitalisation. We’re scaling up and broadly implementing new digital solutions which will change the way we deliver across multiple parts of the value chain.
Succeeding with digitalisation will be essential to future competitiveness by developing flexibility and operational efficiency and safety.
Digitalisation already has a far-reaching impact and is profoundly changing the company. But the world around us is also changing and the future depends on smart solutions. Our objective in Equinor is to be an industry leader in applying new digital solutions.