Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Oslo Bors  >  Aker BP ASA    AKRBP   NO0010345853


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Aker BP : and Cognite Pioneer Robotics Deployment Offshore to Transform Oil and Gas Industry with Autonomous Mission

11/24/2020 | 03:21am EST

24. November 2020

Cognite Data Fusion powers Spot, the Boston Dynamics quadruped robot dog, as it completes autonomous mission onboard Aker BP Skarv installation in the Norwegian Sea

Nov. 24, 2020 // OSLO, Norway - Cognitea global industrial AI software-as-a-service (SaaS) company supporting the full-scale digital transformation of heavy-asset industries around the world, has partnered with fully-fledged exploration and production company Aker BP to deploy Spot, the quadruped robotic dog, to pioneer the remote controlled offshore mission on the Skarv installation, 210 kilometers offshore in the Norwegian Sea.

The effort continues to build upon Aker BP and Cognite's bold digital agenda to transform the industry through digitalization, which will result in improved efficiency, safety, and sustainability offshore. This recent endeavor signals a significant opportunity to transform the oil and gas industry worldwide.

Aker BP is committed to affordable, reliable, sustainable, and modern energy for all, and using robotics is a strong part of this vision. Spot's work offshore is the next step in his journey as he was issued his official employee number in February at the Aker BP Capital Markets Day. In addition Aker BP has a number of other projects involving drones and additional mobile robots to deliver on their vision of optimized remote operations using Cognite's data driven technology.

Cognite's main software product, Cognite Data Fusion (CDF), served as the data infrastructure for the offshore test which collected images, scans, sensors from robotics systems and then shared the data across Aker BP via a dashboard to make it actionable. Tasks included: autonomous inspection, high-quality data capture, and automatic report generation. These data insights provide onshore operators with telepresence on offshore installations allowing them complete realtime mission planning and help drive crucial activities.

The mobility of Spot offshore, and the communication between Spot, Cognite Data Fusion and Aker BP was both verified and tested. Data from Spot was available and sorted in Cognite Data Fusion in milliseconds, and Spot was remote controlled from a Cognite home office onshore demonstrating how robots and digital twins can have synergies and enhance each other. In addition, data from an operator round was collected to analyze if the sensor-stack on Spot was sufficient to comply with the proposed task.

'We are eager to explore how robotics systems can make offshore operations safer, more efficient and more sustainable. The Spot's offshore visit at Skarv FPSO is one small step towards Aker BP's vision to digitalize all our operations from cradle to grave in order to increase productivity, enhance quality and improve the safety of our employees', said Karl Johnny Hersvik, CEO of Aker BP.

'We can use missions like these to advance Spot's capabilities and Cognite continues to lead the way in testing and validating Spot's ability to reduce risk to humans and provide value in the energy industry,' said Michael Perry, Vice President of Business Development at Boston Dynamics.

'This historic pairing of minds and machines working together to solve industry problems demonstrates that data driven decisions can change industry now.' said Dr. John Markus Lervik, CEO of Cognite. 'This ability to guide Spot by remote control is a huge step forward for the industry and something we will continue to work closely with our partners on as we continue to innovate and provide data driven solutions.'

Cognite Data Fusion (CDF) is a cloud-based industrial data operations and intelligence platform, and it integrates seamlessly with existing IT and OT applications in the cloud, edge, and on-premise. CDF contextually enriches industrial data, providing an open, unified industrial data model that is easily accessible for humans and applications, enabling better analytical operations and data-driven decisions.


Aker BP ASA published this content on 24 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2020 08:20:04 UTC

© Publicnow 2020
All news about AKER BP ASA
01/21Aker BP's Oil Equivalent Production, Sales in Q4 2020 Surge QoQ
01/21AKER BP : Fourth quarter 2020 trading update
01/19Aker BP Gains After Securing 10 Production Licenses In Norway
01/19Norway's Aker Horizons to take 75% stake in Mainstream Renewable Power
01/19AKER BP : awarded 10 licenses in APA 2020
01/08Norway's plans to raise carbon tax draw oil industry ire
2020Norway supreme court verdict opens Arctic to more oil drilling
2020Greenpeace loses Norway supreme court case over Arctic oil
2020Aker BP, Partners OK $139.7 Million Project to Develop Grasel Oil Field in No..
2020Aker BP and Partners to Develop Grasel Discovery in Norwegian Sea
More news
Sales 2020 26 392 M 3 109 M 3 109 M
Net income 2020 494 M 58,2 M 58,2 M
Net Debt 2020 29 535 M 3 479 M 3 479 M
P/E ratio 2020 199x
Yield 2020 4,59%
Capitalization 80 989 M 9 535 M 9 540 M
EV / Sales 2020 4,19x
EV / Sales 2021 3,23x
Nbr of Employees 1 703
Free-Float 29,7%
Duration : Period :
Aker BP ASA Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AKER BP ASA
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 22
Average target price 239,74 NOK
Last Close Price 224,90 NOK
Spread / Highest target 28,9%
Spread / Average Target 6,60%
Spread / Lowest Target -33,3%
EPS Revisions
Managers and Directors
Karl Johnny Hersvik Chief Executive Officer
Øyvind Eriksen Chairman
Ine Dolve SVP-Operations & Asset Development
David Torvik Tønne Chief Financial Officer
Kate Thomson Director
Sector and Competitors
1st jan.Capitalization (M$)
AKER BP ASA4.02%9 535
CNOOC LIMITED8.64%44 921
EOG RESOURCES, INC.10.01%32 004