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Foresight: Autonomous machine monitoring and prognostics system for the Oil and Gas and Maritime sectors

Project description

Sensors to monitor ship machinery health in real time

Checking the machine conditions onboard ships should be possible in real-time at the click of a button. Today in the maritime industry, only a few per cent of the worldwide fleet has sensors deployed for digital inspections. This EU-funded Foresight project is developing a cost-effective, easy-to-interpret technology that will allow crews to monitor machinery health in real-time, enabling the crew to forecast and undertake the most appropriate actions. Using edge sensors that continuously monitor the machinery and process data locally, the outcome is fused in a comprehensive Health Index. The Foresight solution reduces maintenance costs, removes the need for a technical expert onboard and minimises unexpected downtimes.

Objective

Maintenance processes applied on vessels and offshore platforms are obsolete. The technologies commonly applied to monitor machinery generate Gigabytes of technical data, requiring an expert to process it. Data cannot be handled by real-time monitoring services onshore, as the data connections available offshore are not designed for such flows. As a result, only 2% of the Mobile Drilling Units (MODUs) fleet in operation nowadays implement a real-time machinery monitoring, while the other 98% apply the out-dated Time-Based Maintenance (TBM) model. TBM increases lifecycle costs due to unexpected downtimes, higher labour costs and waste of parts in working condition. MODUs and platforms are bearing today unnecessary and excessive costs due to inefficient maintenance, even human injuries or environmental catastrophes are more likely to happen due to unmaintained machinery.
Our technology provides to vessels’ and platforms’ crews the possibility to monitor machinery health in real-time, allowing them to forecast and undertake the most appropriate actions. Foresight’s hardware is composed mainly by vibration monitoring equipment, that grant an easy installation onto any type of machinery. Foresight’s sensors continuously monitor the machinery, collect data, process them to reduce the size of the data packets and send them to the software on the cloud. Foresight Machine Learning (ML) module holistically processes the data gathered by sensors, synthesizing them into a comprehensive Health Index. It outperforms competitors in speed and reliability and is able to autonomously adapt and tailor its calculations on each machinery nominal behaviour.
Foresight relieves vessels and platforms maintenance costs by: (1) lowering the number of sensors needed; (2) reducing data communication needs; (3) removing the need for a technical expert onboard (4) minimising unexpected downtimes; (5) avoiding replacement of sound parts.

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Topic(s)

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Funding Scheme

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SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-EIC-SMEInst-2018-2020

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Coordinator

MACHINE PROGNOSTICS AS
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 50 000,00
Address
JON LILLETUNS VEI 9
4879 Grimstad
Norway

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Norge Agder og Sør-Østlandet Agder
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 71 429,00
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