Predicting is the future
Predictive maintenance can reduce costly unplanned downtime by 45pc, according to Lloyd’s Register
Tim Bisley is not the typical employee of Lloyd's Register. The SVP of software is neither an oil and gas nor marine expert; he is a dedicated technologist. Before joining 18 months ago to strategise and build its digital products business, he spent his career creating solutions for leading technology firms including HP and Computer Associates. He is now applying his experience to understanding how technology can replace or enhance arrangements for oil and gas assets. The firm has one shareholder, the non-profit Lloyd’s Register Foundation, which invests in safety initiatives around the world. How can oil and gas companies benefit from digitalisation? Bisley: We realised that digitalisatio
Also in this section
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
12 December 2025
The latest edition of our annual Outlook publication, titled 'The shape of energy to come: Creating unique pathways and managing shifting alliances', is available now
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal






