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Scaling Value Capture with Digital Twins

An Integrated Asset Model operationalized by real-time data to be used for business-wide situational awareness and decision-making requires digital twins. The kind of digital twin, and how big and fast it will deliver value is key for integrated asset and supply chain optimization. Starting at the foundational molecular level different digital twins cover various aspects and serve distinctly different purposes. Connecting these digital twins, in a scalable way is an assured way of achieving sustainable value capture

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Delivering better decisions faster for planning, scheduling and trading of energy

Across organizations, decision-making should be about seeking to improve performance. The challenge is that decisions comprise of different layers of factors, all on different timescales, each with different levels of uncertainty and varying degrees of impact. In the decision-making process, four key areas are being improved: data, situational awareness, analytics, foresight. New technology is advancing and interconnecting these areas for faster decisions with reduced uncertainty.

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Co-Pilot: Operational-excellence-as-a-Service

We have been applying a structured margin optimization methodology, taking into account process, energy and reliability interactions, for many years but now digitalization technologies offer new and disruptive solutions. This paper, presented at Gastech 18, discusses resolution of the broader process industry challenges as well as a focus on the unique LNG industry issues.

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ARC view on KBC Petro-SIM

ARC's view on Petro-SIM in value engineering and value chain optimization.

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Silo busting with the Digital Twin

Information silos can harbor significant in-efficiencies and hinder the achievement of operational excellence. Coupled with the desire for a single source of truth, the key to change is a digital twin that works.

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Digitalization of upstream silos

A production centred plant is one that places priority on Efficiency, Availability and Reliability; Safety & Security; and Human Reliability. This whitepaper looks at how deeper integration of engineering silos can increase production.

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