Artificial Intelligence: AI is Making Oil Rigs Safer

https://dailyalts.com/wp-content/uploads/2020/05/oil-rig-2205542_640-AI.jpg

The energy industry is deploying AI-based, human-independent safety systems on oil rigs.

Oil rigs are one of the most dangerous places to work for human beings with a constant risk of injury or harm. Huge mechanical systems mesh together to keep these huge rigs afloat above the ocean surface and continue drilling deep beneath the ocean floor. The risks of fire, explosion, accidents from hazardous machinery, and falls are always round the corner on oil rigs. Artificial intelligence (AI) can make these danger-prone work areas much safer. (analyticsindiamag.com)

How Dutch company Rolloos is using AI

Rolloos supplies CCTV, communication networks, crane safety, data analytics, and other solutions for safety and security in the oil and gas industry.

Over four years ago, a worker was killed on a rig belonging to a client of Rolloos. A piece of equipment failed and a heavy pipe broke loose. It hit a worker standing nearby, known to be a dangerous place. The accident occurred due to a combination of mechanical failure and human error.

Bram Masselink, managing director of Rolloos, said he was shocked by the incident. It led to the creation of the “Red Zone System,” an AI-powered safety net for workers on rigs.

The system combines a network of cameras and sensors along with AI-powered computer vision algorithms run on Nvidia (NASDAQ: NVDA) GPUs. It immediately senses and locates rig workers in dangerous locations and issues an alert warning before the occurrence of an accident.

Red Zone System

Rolloos and the client worked together to develop the Red Zone System. They commenced by mounting cameras on the rig and capturing various types of operations performed in all kinds of weather and conditions over two months.

They then got human annotators to mark persons and objects in the video data. The team used this annotated information to build an algorithm that could sense people in various locations of the complex rig environment. It could raise an alarm if it sensed any danger to personnel.

After training the model on the label data model has been able to pinpoint locations within 18 inches. It can run a complete sequence in just 250 ms. The AI team uses false alarms to train and refine the model further.

The system runs on local hardware and not on the cloud. That’s because of the unavailability of Internet connectivity on rigs.

Rolloos trained its deep learning models on NVIDIA data center GPUs and deployed them for inference on an NVIDIA T4 Tensor Core GPU

Related Story:   Is the Oil and Gas Industry Slow on the AI Uptake?

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2022/01/Bink-app-shot.png
FinTech: Lloyds To Acquire Stake In Loyalty App Bink
January 4, 2022     FinTech, News

Lloyds Banking Group (LON: LLOY), Britain’s biggest mortgage provider, will acquire a minority stake in loyalty app Bink, according to a report by Sky News for an undisclosed amount that…

https://dailyalts.com/wp-content/uploads/2022/01/Screenshot-2022-01-04-at-22-29-49-Screenshot-Pawson-2.png
Digital Assets: Coinbase CEO Armstrong Said To Have Splurged $133M On Home In LA
January 4, 2022     Digital Assets, News, Real Estate

An iconic property in Bel Air, Los Angeles, designed by internationally acclaimed English architect John Pawson changed hands last month for $133 million and the buyer was Coinbase (NASDAQ: COIN)…

https://dailyalts.com/wp-content/uploads/2022/01/47752022922_e4569a2f0e_c.jpg
Alternative Investments/ESG: VegTech Invest Launches Plant-Based Innovation & Climate ETF

VegTech Invest advisory has launched the VegTech Plant-based Innovation & Climate ETF (Ticker: EATV), its first financial product. The ETF offers exposure to publicly traded companies actively innovating with plants…

https://dailyalts.com/wp-content/uploads/2022/01/Screenshot-2022-01-04-at-18-48-26-超·世界.png
Venture Capital: Chinese AI Startup Parametrix Raises $100M, Turns Unicorn
January 4, 2022     Artificial Intelligence, News, Venture Capital

Chinese AI company Parametrix.ai has raised $100 million in a Series B round led by Sequoia China and joined by existing investors 5Y Capital and Gaorong Capital. Though the valuation…