Information Systems
ABS and Akselos complete technical assessment for FPSO digital twin technology
ABS, a global leader in providing classification services for marine and offshore assets, with Akselos S.A., a global leader in structural performance management (SPM) software, have completed a technical assessment for structural digital twin technology. This marks a significant advancement in the application of digital twin technology for FPSO units, enabling more accurate and reliable assessments of structural integrity.
Digital Exclusive: From safety silos to strategic insights: Digitally transforming SIS management
When it comes to digital transformation, refining and processing operators face unique challenges. Unlike other industries already leveraging digital twins to improve design, enable predictive maintenance and boost operational efficiency, the refining and processing sectors often struggle with data management.
Manage reliability and asset management performance by implementing a reliable operations committee program
This article examines how the author's company instituted a reliable operations committee program at its refinery in Yanbu, Saudi Arabia. The main goal of the program is to oversee the implementation and performance of maintenance and reliability programs to ensure a culture of optimum reliability and endorse new initiatives and programs that enhance maintenance performance in the facility.
Harness the power of asset performance management to transform reliability
As the energy industry navigates the shifting energy landscape and macroeconomic uncertainties, it must adopt collaborative and innovative solutions to enhance the productivity and quality of value chain operations, while also remaining focused on efficiency improvement projects that protect the bottom line. Spurred by this need for increased resilience and recent advancements in artificial intelligence, the market is seeing growth in the deployment of asset performance management (APM) solutions.
Driving operational excellence: Integrate digital solutions for a smarter supply chain
Siloed systems lead to isolated data and inefficiencies in decision-making due to a lack of visibility. To address these challenges, the authors' company built a strategic digital command and control center. The goal was to resolve daily operational issues by integrating various systems into a unified data ecosystem, enabling real-time, integrated decision-making and driving operational excellence.
Yokogawa to acquire Web Synergies, a provider of IT and integrated IT/OT solutions
Yokogawa Electric Corp. has finalized an agreement to acquire Singapore-based Web Synergies, a leading provider of information technology (IT) and integrated IT and operational technology (OT) solutions.
Neste divests its NAPCON technology to Lummus Technology
Neste has signed an agreement to sell its proprietary technology NAPCON to Lummus Technology. NAPCON covers solutions in the field of interactive operator training simulators and game-aided learning systems, real-time process optimization, AI based process predictors and real-time process information gathering, monitoring and analytics.
Stratus has been rebranded Penguin Solutions
Stratus Technologies has officially rebranded to Penguin Solutions, reflecting the company’s expanded high performance and high availability computing infrastructure solutions and services.
More than 100 employees leave U.S. EIA, putting crucial energy data at risk
The U.S. government's energy statistics arm is set to lose > 100 employees after the Trump administration's latest round of resignation offers, putting at risk some of the most closely watched energy reports globally.
OQ, Royal Vopak partner to accelerate development of Duqm as an integrated industrial hub
OQ, spearheading the development of Duqm in Oman as a premier integrated hub for hydrocarbons, chemicals, and low-carbon products, and Royal Vopak entered into an exclusive partnership framework agreement in the Special Economic Zone at Duqm (SEZAD). This is a significant step for a strategic alliance that aims to unlock future growth opportunities in industrial and energy terminal infrastructure and sustainable energy transition facilities in SEZAD.
- Ionikylation unit at PetroChina's Dagang refinery reaches 1,000 days of continuous operation 5/12
- thyssenkrupp Uhde successfully commissions EnviNOx® emission reduction system for Covestro’s NAUCI project in China 5/12
- Univation Technologies announces world-scale 800,000-tpy design capacity for UNIPOL™ PE process technology 5/12
- Traders rebrand Venezuelan oil for China as Brazilian 5/12
- British bioethanol industry faces 'existential' threat after U.S. trade deal, producers say 5/12
- Copersucar revenue to grow by $1.5 B after Eco-Energy deal with Green Plains 5/12
