Baker Hughes, bp aim to enhance asset strategy across GoM operations

March 7, 2023
bp will deploy Baker Hughes' OnePM, a Cordant asset strategy tool, in select locations across its Gulf of Mexico production assets.

Offshore staff

HOUSTON  Baker Hughes will collaborate with bp on further defining and developing Cordant, a new Baker Hughes integrated suite of solutions for asset performance management and process optimization.

Cordant enables the standardization of asset health and strategy by integrating operational data within a probabilistic model, simultaneously optimizing the resource and cost structure without negatively impacting plant availability or production output, Baker Hughes said. As part of the collaboration, bp will deploy OnePM, a Cordant asset strategy tool in select locations across its Gulf of Mexico (GoM) production assets, where Baker Hughes has a large installed base of rotating equipment, controls and associated digital services.

The companies will look for opportunities to expand this collaboration across other regions in the future.

“Faced with mounting pressures to balance cost, efficiency and sustainability, asset owners and operators are looking to digital solutions to deliver more intelligent operations,” said Ganesh Ramaswamy, executive vice president of Industrial & Energy Technology at Baker Hughes. “Our collaboration with bp in the development of Cordant will help define new use cases, build out functionality and accelerate the journey toward more efficient and sustainable operations.”

Cordant, released in January, is an integrated suite of solutions supporting asset performance management and process optimization for industrial and energy customers. It leverages Baker Hughes’ critical capabilities and combines existing digital offerings for hardware, software and services capabilities into one integrated and simplified user interface.

03.07.2023

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