30-04-2020
KBC to deliver a site-wide process digital twin to Rompetrol
KBC (A Yokogawa Company) will deliver a site-wide process digital twin to Rompetrol to sustain the value of ongoing margin improvement and digital transformation activities at the Petromidia refinery in Romania. The digital twin, based on KBC’s Petro-SIM process simulation software, will improve techno-economic aspects of the refinery’s operation, delivering improved profitability, reliability and safety.
Activities to optimize production processes at the refinery started in 2014 and have successfully continued to date, supported by KBC. KBC’s involvement initially began in the form of a Profit Improvement Program®, part of which involved the provision of advanced proprietary process simulation technology, Petro-SIM. Rompetrol’s next step will be to operationalize Petro-SIM as a refinery-wide process digital twin to sustain the value obtained in earlier optimization activities. The digital twin will automate modelling activities, reconcile data from a wide range of refinery sources and complete site-wide optimizations.
Through the digital twin, Rompetrol’s process engineers and planners will identify, capture and sustain on-site productivity and efficiency improvements across the entire refinery. The digital twin will also interpret optimization gaps and enable valuable insights to be delivered to non-software specialist users, such as frontline operations, as well as other departments.
“Purchasing the Petro-SIM based digital twin technology was a logical next step after completing the improvement roadmap in 2015, where KBC provided consulting support to us. The software opened new improvement opportunities and defined boundaries of production units.” said Kuanysh Dosmuratov, Deputy General Manager of Rompetrol, adding “Now, we are stepping further with our digital twin initiative. The project’s objective is to reduce giveaway through improvement in planning and response times of operations to market changes.”
“The digital twin is a fantastic enabler for Rompetrol to drive convergence in understanding and action throughout their business, enabling superior results to be sustained,” adds Mike Aylott, Chief Technology Officer of KBC. “It serves as a solid foundation to build further artificial intelligence and machine learning based predictive analytics capabilities, ensuring that data quality issues are identified and mitigated.”
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
-
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
-
Radix partners with Cleopatra Enterprise to enhance project controls and turnaround management
Radix, a global technology solutions company, announced the signing of a partnership agreement with Cleopatra Enterprise, a leading project cost management software company. ...
16-04-2024
-
Rhône Energies in talks to buy Fos-sur-Mer refinery
Rhône Energies, a consortium of Entara LLC and Trafigura Pte Ltd, has entered into exclusive negotiations to acquire the Fos-sur-Mer refinery and the Toulouse and Villette ...
14-04-2024
-
Cenovus Energy to invest in Toledo and Lima refineries
Canada's Cenovus Energy said it will spend more than $1.5 billion on its 160,000 b/d Toledo and 185,000 b/d Lima refineries in Ohio over the next five years and expand ...
11-04-2024
-
Kent plays integral role in Fawley petrochemical complex
Kent, a leading global engineering and project management company, is proud to announce its significant involvement in ExxonMobil's £800m investment in its Fawley Petrochemical ...
11-04-2024