01-12-2023
Cosmo Oil and Yokogawa start exploring possibilities for refinery digitalization
Cosmo Oil Co Ltd, and Yokogawa Electric Corporation are pleased to announce that Cosmo Oil and the Yokogawa Electric subsidiaries Yokogawa Solution Service Corporation and Yokogawa Digital Corporation have joined forces to promote the digitalization of operations at refineries owned by Cosmo Oil.
With a view to having robots perform plant inspections and maintenance in the future, Cosmo Oil and Yokogawa are conducting a proof-of concept test using a quadruped walking robot at Cosmo Oil's Yokkaichi Refinery. In addition to conducting a performance assessment of the quadruped robot in a temporarily closed plant facility at the same oil refinery, the two parties are identifying challenges for on-site application and selecting points that need to be verified in preparation for on-site use of the robot. Going forward, the companies will accelerate digitalization at refineries through the realization of robot-driven inspection and maintenance, and other such initiatives.
Additionally, as part of these refinery digitalization efforts, workshops on the use of digital tools have been held at the Chiba Refinery from November to improve the sophistication and efficiency of refinery operations.
In the future, the companies will explore the potential introduction of robotics (robots and drones) and use of digital tools, and will work toward the realization of “refineries where humans, robots, and AI can work together” at Cosmo Oil's Chiba, Yokkaichi, and Sakai refineries.
Having adopted “Oil & New ~Next Stage~” as the slogan for its Seventh Consolidated Medium-Term Management Plan, the Cosmo Energy Group aims to strengthen its competitiveness through safe and stable operations and improved profitability in its oil-related businesses. At the same time, it has positioned DX as the principal driver among three management foundation transformation pillars – human resource transformation (HRX), digital transformation (DX), and green transformation (GX) – and is undertaking business model transformation through digital capabilities and change management. In strengthening the competitiveness of its oil businesses, the Cosmo Energy Group aims to offer value in new ways while transforming its conventional business model through the use of digital technology. To achieve this end, the Group as a whole will further accelerate its DX promotion efforts by building data utilization infrastructure, pursing data-driven management, proactively collaborating with various partners (as is the case this time), creating diverse organizations, and fostering a global mindset.
Yokogawa Solution Service and Yokogawa Digital provide comprehensive consulting services as well as system installation, operation, and maintenance services for corporate planning, information systems, and manufacturing divisions to help customers improve their operations. Established on July 1, 2022, Yokogawa Digital is stepping up its efforts to develop DX solutions and technologies. In the process industries, which require a high level of safety and the complex control of temperature, pressure, and flow, Yokogawa draws on its consultants with extensive domain knowledge and experience and leverages its simulation and other advanced digital tools to support the development of viable strategies and incorporate them into operations. In this way, Yokogawa will work together with Cosmo Oil to assist in the digitalization of operations at its refineries.
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
Sasol provides state of the art catalysts to INERATEC for the production of sustainable e-fuels
The catalysts will be used, among others, in the first large-scale industrial Power-to-Liquid (PtL) plant that INERATEC is currently building in Frankfurt, Germany, which ...
24-04-2024
-
Baker Hughes to supply 17 centrifugal compressors to Saudi Master Gas System project
Baker Hughes, an energy technology company, announced Tuesday that it has received an order by Worley, for and on behalf of Aramco, to supply gas technology equipment ...
23-04-2024
-
SABIC Fujian Petrochemicals select Phenol yechnology from KBR
KBR announced today it has been awarded a contract by SABIC Fujian Petrochemicals to license KBR's market-leading phenol technology in China. Under the terms of the ...
22-04-2024
-
Lummus Expands R&D capabilities to enhance innovation and water and wastewater technologies
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced the opening of its cutting-edge research and development (R&D) ...
17-04-2024
-
Clariant launches new CATOFIN® 312 propane dehydrogenation catalyst
Clariant, a sustainability-focused specialty chemical company, today announced the launch of CATOFIN 312, its latest propane dehydrogenation catalyst. The new catalyst ...
16-04-2024
-
Yokogawa and GridBeyond conclude investment and strategic partnership agreements
Yokogawa Electric Corporation and energy IT solutions provider GridBeyond of Ireland announce that they have concluded a strategic partnership agreement. Furthermore, ...
16-04-2024
-
Heraeus Precious Metals launches Circlear
Heraeus Precious Metals, a globally leading company in the precious metals industry and one of the largest recyclers of precious metals, has introduced its new offering ...
16-04-2024
-
EMA and JERA to cooperate on LNG procurement and supply chains
The Energy Market Authority and JERA Co Inc, have signed a Memorandum of Understanding to cooperate on mutually beneficial areas in liquefied natural gas procurement ...
16-04-2024
-
Hexagon and Dragos unveil technical partnership to strengthen industrial cybersecurity
Hexagon’s Asset Lifecycle Intelligence division today announced a strategic partnership with Dragos, a global leader in cybersecurity for operational technology (OT). ...
16-04-2024