Use case

Align joint ventures with FieldTwin

Keep all operating partners on the same page throughout your field's lifecycle

Joint venture visibility challenges

When multiple operators share ownership of a field, maintaining alignment presents significant challenges. Only one company typically serves as the lead operator, leaving partners with limited visibility into ongoing changes and decisions. The traditional approach of sharing updates through documentation creates delays, misunderstandings, and inefficient decision-making processes that impact timelines, costs, and ultimately, production.

Focused on shared understanding

FieldTwin’s platform provides a digital workspace that enables all operating partners to access and interact with the same field information in real-time. With configurable access levels, intuitive visualization, and effortless data sharing, FieldTwin Collaborate ensures all stakeholders maintain awareness and input throughout the development and operation of jointly owned assets.

How it works

Navigating partnership challenges

Picture two operators with shared ownership of an offshore development, where one serves as the lead operator while the other needs to stay informed and provide input.

FieldTwin Collaborate and Design brings together multiple operating partners to maintain alignment and shared understanding throughout a field's lifecycle. Here's how FieldTwin’s platform improves their joint venture experience:

Creating the digital foundation

The lead operator establishes a comprehensive digital twin of the field development, incorporating subsea and topside assets, engineering data, and operational information. This becomes the central source of truth that both operators can access, eliminating the confusion that typically arises from exchanging multiple documents in different formats across organizations.
Inviting partners to the platform

With a few clicks, the lead operator invites their partner company to collaborate, setting appropriate access levels that reflect their role in the venture. The non-operating partner gains immediate visibility into the current state of the project without waiting for scheduled updates or formal documentation exchanges.
Real-time awareness and input

As the lead operator makes changes to field layouts, tests different scenarios, or updates asset information, their partner sees these developments in real-time. This immediate visibility allows the non-operating partner to provide timely input, ask informed questions, and contribute their expertise at the moment it's most valuable - not weeks later after decisions have been finalized.
Cross-company decision making

When critical decisions need to be made, both operators can explore options directly within the platform. They can review the same visualization simultaneously, discuss implications, and evaluate alternatives with a shared understanding of the context. This dramatically accelerates the decision process while improving the quality of outcomes.
Continuous partnership alignment

Throughout the lifecycle of the field - from early planning through operations and even into decommissioning - both operators maintain access to the latest field information. This ongoing shared visibility reduces friction between partners, minimizes misunderstandings, and creates a more collaborative partnership focused on optimizing the asset's performance.