Fieldnode today announced that ExxonMobil, a global energy leader, has joined The Industry Collaboration Project – a collaboration with Fieldnode and now eight other energy operators that aims to establish a robust industry standard for a digital inventory ecosystem, specifically focusing on on-demand spare parts production through additive manufacturing technology.

The consortium's Industry Collaboration Project, now strengthened by ExxonMobil's participation, signifies a collective commitment to revolutionize the energy sector's supply chain. The project's primary goal is to create a digital foundation that will pave the way for a network dedicated to the efficient supply of spare parts manufactured on demand, thereby reducing lead times, physical inventories, total cost of ownership, materials waste, and shipping distances.

Key Highlights of the Collaboration:

Collaborative Project Leadership: ExxonMobil joins forces with Fieldnode in a collaborative project that involves seven other prominent energy companies. Together, the companies are working to set a new industry standard for on-demand spare parts production, leveraging digital technologies and additive manufacturing.

Environmental Impact and Efficiency: The collaborative effort seeks to drastically improve the overall environmental impact, efficiency, and security of the supply chain by embracing digital technologies and additive manufacturing.

Focus Areas: The partners will address crucial areas, including standardization of qualification processes, development of a commercial model supporting mass customization, and enhanced total cost of ownership for customers compared to traditional volume-based incentives.

Inclusive Collaboration: Throughout the project, the partners will progressively invite current suppliers, independent additive manufacturers, and other collaborators to join the platform, ensuring widespread industry adoption and benefits.

Fieldnode Platform: The foundational technical solution is the Fieldnode platform, developed in a Joint Industry Project with Equinor and TotalEnergies. This platform facilitates efficient and resilient operation of supply networks, promoting shared resources among oil and gas operators.

Future Development: ExxonMobil's entry into the collaboration further fortifies the project's mission to develop industry standards, ensuring a reliable and eco-friendly supply of spare parts.

Quotes:

“The Fieldnode Industry Collaboration Project shows real potential to bring optionality to our supply chain and enhance access to spare parts, which will enable reductions in physical inventory, decrease lead times for spare parts, and help eliminate part obsolescence." stated April Feick, ExxonMobil Supply Chain, Vice President of Materials Management

"ExxonMobil's inclusion as our ninth partner represents a significant milestone in the evolution of our ground-breaking collaboration between Fieldnode and the global energy industry's leaders. In the company of some of the world's largest energy corporations, ExxonMobil's participation enhances the collective strength of our project, further solidifying our commitment to redefine industry standards and drive innovation. Together, with these esteemed partners, we are forging a path towards sustainable and efficient solutions that will shape the future of the energy sector," stated Martin Andersson, Project Manager at Fieldnode.

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bp has joined the Fieldnode-led project to develop a digital inventory standard for on-demand spare parts production. The collaborative project involves standardizing parts qualification processes and developing commercial models to reduce the need for the traditional physical inventory and strengthening the supply chain resilience.

The project has established a digital inventory standard that enables the production of spare parts on an on-demand basis. Traditional supply chain methods often involve maintaining extensive inventories, resulting in cost and space inefficiencies, waste, and a large to-user carbon footprint. This new approach allows for tailored and flexible production using digital inventory and additive manufacturing techniques, streamlining the supply chain.

"bp's participation in this industry-leading digital collaboration project represents a step forward in embracing the potential of additive manufacturing and digital solutions," said Martin Andersson, Project Manager at Fieldnode. "Together with our market-leading partners, we are developing a standard that addresses operational needs and the interests of OEMs while also promoting sustainability and efficiency in the energy sector."

Key achievements of the project over the past year include:

• Pilot tests involving operators, original equipment manufacturers (OEMs), and manufacturers to assess commercial and software setups, refining the project's approach.
• Combining the interests of operators and OEMs based on the innovative commercial models developed within the project, facilitating collaborative efforts across the ecosystem.
• Agreement on optimizing existing industry standards for supplier qualification in a more scalable and efficient manner, a milestone with far-reaching implications.
• Successful processing of live orders through the platform, demonstrating its readiness for industry adoption.

Chelsea Green, Life of Field Discipline Lead at bp emphasized the potential of additive manufacturing and digital inventory solutions. "By integrating digital supply chain principles with additive manufacturing capabilities, we aim to reduce waste, lower costs, and enhance agility in response to rapidly changing operational demands. This partnership aligns with bp's commitment to sustainability and technological advancement."

The joint efforts of the project partners, which now include Fieldnode, ConocoPhillips, Equinor, Shell, TotalEnergies, Vår Energi, Woodside Energy, and bp are set to reshape the energy industry's supply chain landscape. Through the development of a digital inventory standard, supported by additive manufacturing, this collaboration aims to bring efficiency, reduced environmental impact, and innovation to the forefront of industry practices.

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Woodside Energy joins collaboration aimed at standardising digital supply of spare parts

Woodside Energy is aligning with several leading energy companies to launch a digital inventory standard for on-demand spare parts production.

This initiative, in conjunction with ConocoPhillips, Equinor, Shell, TotalEnergies, Vår Energi, and software provider Fieldnode, is set to establish a network for supplying spare parts manufactured as and when needed.

The collaboration will help increase the efficiency of the digital ecosystem. This means reduced lead times, decreased total cost of ownership, minimised waste, and shorter shipping distances. Furthermore, the project will enhance the security and sustainability of the supply chain.

Areas of focus for this partnership include standardising qualification processes and developing a commercial model that supports mass customisation and a superior value proposition for all entities in the network.

To reach these ambitious goals, the partners will gradually invite their current suppliers, independent additive manufacturers, and other potential collaborators to the platform over the project period. This collective effort will enable comprehensive technical and commercial solutions testing and populate the digital inventory.

“We are one year into the project and achieved significant advancements in key areas, such as creating commercial models and standardising qualification standards. Welcoming Woodside Energy as the sixth operator in this joint effort offers an excellent chance to validate further and ensure our solutions meet the demands of the energy industry," says Martin Andersson, the project manager at Fieldnode.

The foundational technical solution is the Fieldnode platform. Co-developed with Equinor and TotalEnergies, it enables streamlined management of supply networks and facilitates shared supply chain resources among oil and gas operators.

Daniel Kalms, Chief Technology Officer at Woodside Energy, sees the opportunity for the sector.

“The potential for on-demand manufacturing is something Woodside Energy identified some time ago, and joining this collaboration signifies our commitment to maximising the benefits of additive manufacturing. On-demand manufacturing of spare parts has many advantages. It allows for greater flexibility and responsiveness to changing needs, reducing the dependency on pre-made inventories, and enhances operational efficiency,” he said.

The ongoing collaboration will allow further development of industry standards, bolstering a reliable and eco-friendly supply of spare parts.

For more information, please contact:

Christine Forster, Global Media Manager, Woodside Energy

Email: christine.forster@woodside.com.au

Or

Martin Andersson, Project Manager at Fieldnode

Email: martin.andersson@fieldnode.com

Energy companies set out to standardize digital supply of spare parts

Some of the world’s largest energy companies have now signed an Industry Collaboration Agreement to set an industry standard for a digital inventory ecosystem. ConocoPhillips, Equinor, Shell, TotalEnergies and Vår Energi - together with the software company Fieldnode - show a firm commitment to develop a digital foundation to build a network for supply of spare parts produced on demand through additive manufacturing technology.

The agreement is a two-year partnership with the goal to scale up the digital ecosystem to drastically reduce lead times, physical inventories, total cost of ownership, materials waste and reduce shipping distances, improving the overall environmental impact, efficiency, and security of the supply chain.

The technology to achieve the above-mentioned benefits is available, however to really scale this, the partners in the collaboration see it necessary to establish a fit for purpose standard process to utilize the technology and transact in the new ecosystem and have therefore entered the collaboration, to solve the challenges together which the whole energy sector would benefit from.

Standardization around qualification processes, a new commercial model that caters for mass customization and improved total cost of ownership for customer vs. traditional volume-based incentives, are some of the areas that are set out to be addressed in the collaboration project.

To reach the set goals the partners in the collaboration intend to progressively invite their current suppliers, independent additive manufacturers as well as other suppliers to collaborate on the platform throughout the two years to ensure the whole industry can benefit from this transformation. By collaborating with the above-mentioned entities, the project partners intend to both test the technical and commercial solutions as well as fill the digital inventory with content.

The foundational technical solution is the Fieldnode platform which was developed through a Joint Industry Project with Fieldnode, Equinor and TotalEnergies. The platform facilitates efficient and resilient operation of supply networks to support the oil and gas operators to share limited supply chain resources. The collaboration agreement gives the opportunity to further develop needed industry standards to scale this and thereby secure supply of spare parts and at the same time reduce the environmental footprint.

For more information please contact:

Brede Lærum, Head of AM at Equinor and Chairman of the project

Email : bredel@equinor.com

Or

Martin Andersson, Project Manager at Fieldnode

Email : martin.andersson@fieldnode.com