Schneider Electric’s Digital Solutions set to Increase Profitability and Optimise Costs for Oil & Gas Companies

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Schneider Electric, the foremost innovator and specialist in energy management solutions has re-affirmed its commitment to providing the industry with digital solutions for businesses that are guaranteed to enhance profitability and optimise costs. This was made known by the Oil and Gas Segment Lead, Schneider Electric, Mrs Tolulope Falola, during the Society for Petroleum Engineers/Nigerian Annual International Conference and Exhibition themed: “The role of the Oil and Gas industry in enabling diversification of Nigeria’s Economy” which held from the 6th -8th August, 2018 at Eko Hotels & Suites, Victoria Island, Lagos, Nigeria.

Speaking at the workshop on Digitalization sponsored by Schneider Electric, Tolulope stated that given the recent challenges in the industry, there is a need for Oil and Gas companies to optimize costs, reduce down time and increase availability.

Tolulope said Schneider Electric’s EcoStruxure platform will help the industry address these current challenges, with a range of digital solutions for asset modernization, predictive maintenance and onlineprofit advisory service.

“EcoStruxure is Schneider Electric’s IoT-enabled architecture and platform of connected products, edge control, applications, analytics and services that guarantees the provision of enhanced value around safety, reliability, efficiency and connectivity across segments, the Oil and Gas industry inclusive”, she stated.

Tolulope further stated that several International Oil Companies in Nigeria fully equipped with Schneider Electric’s EcoStruxure solutions are already benefiting from this enhanced value..

While speaking at the event, the General Manager, Process Automation, Schneider Electric, Nabil Djhouri emphasised that every organization who wants to grow must take advantage of Schneider Electric’s EcoStruxure solutions. “We deploy EcoStruxure in a tailored instance for each of the vertical end markets from Industry to Data Center, Buildings and Infrastructure, where Schneider Electric has decades of deep domain expertise and applied experience” he stated.

Nabil further encouraged Oil and Gas companies who are not presently benefiting from Schneider Electric’s digital solutions to come on board, as such an investment will result in measurable high returns.

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