Nibras is a digital oilfield platform (DOF), designed to optimize operations and maintenance of oil and gas assets. Built in-house by Petroleum Development Oman (PDO), Nibras was spun out and became a product of the newly incorporated company, Innovation Technical Solution LLC (ITS). The platform gathers data by utilizing existing corporate data sources. It integrates them to perform automated analysis and presents the findings through a dashboard that are available to the management for identification of issues in the fields, and for effective planning and utilization of resources, providing them with the opportunity to optimize production processes.
This unique system allows for easier and faster decision making thus resulting in less downtime, and therefore increasing production and revenue.
With oil and gas being the largest industry in Oman, Nibras is an essential tool in ensuring efficiencies and mitigating losses. Since it was developed in-house, in the largest oil and gas organization, the impact was felt immediately. Nibras is now in the pilot phase in multiple oil development companies outside of MENA, thus promoting Oman as a leader in oil and gas innovation.