Yokogawa Corporation of America, a subsidiary of Yokogawa Electric Corporation, and Dover Energy Automation, an operating company within Dover Corporation, will join forces to create the “Well Managed” product portfolio. The collaboration is designed to allow both companies to solve key challenges across the oil and gas industry.
According to the companies, the strategic collaboration will increase performance from a single well to an entire field. More specifically, it will help operators monitor, control and enhance well-site performance in order to improve productivity and return on investment.
Yokogawa provides solutions in liquid and gas metering, specializing in process automation and optimization, field instruments, information creation and secure cloud platforms, as well as integrated, Six Sigma-compatible systems. Dover Energy Automation has domain knowledge in artificial lift optimization and control, oil field services and chemical injection systems, along with condition monitoring and asset optimization. Yokogawa and Dover aim to enhance field management and multi-well control and to provide predictive analytics to augment their existing solution offerings.
For more information, visit: www.yokogawa.com