Leveraging GE’s Predix, the platform for the industrial internet, to deliver one unified view, this partnership extends KBC’s Petro-SIM process simulation modeling further into the fullstream oil and gas value chain, and provides connectivity between operations, assets, people and business processes for end-to-end optimization.
Integrating KBC technology with BHGE’s suite of digital solutions will allow customers to reduce bottlenecks in facilities, processes and equipment to achieve optimal production and lower risk. By integrating data analytics connected by seamless workflows between facilities and operations, the time spent to analyze operations will be significantly reduced and the insight gained will increase production, reduce energy usage and improve product quality consistency.
“This partnership showcases our commitment to break down data “silos”, and is an ideal example of the convergence of process and operational thinking,” said Matthias Heilmann, Chief Digital Officer of BHGE. “For the first time, oil and gas customers can build a digital twin of a plant, refinery or rig that incorporates end-to-end process and operational analytics and machine learning. With Petro-SIM providing simulation technology to our fullstream portfolio, this best-in-class solution will bring us into a new era of operational improvement.”
KBC’s Petro-SIM simulation technology already connects to cloud-based Industrial Internet of Things (IIoT) data-as-a-service solutions to remotely monitor and help improve customers’ process operations. With full integration to commercial data historian and database systems, the KBC technology offers a central repository for process topology, and stream and equipment data, with access to live and historical plant operating data for performance monitoring. Asset Performance Management (APM) from GE enables intelligent asset strategies to help optimize performance to make operations safer by helping to predict and prevent failures. It can answer critical questions on the history and current operation of an asset, as well as provide an answer to what actions should be taken to improve performance, mitigate risk and ensure overall operational safety and efficiency.
The integration of KBC process simulation and models with BHGE
analytics, digital twins, fullstream software and Predix provides
real-time congruence between the digital and physical worlds. A plant
digital twin, enabled by this partnership, would provide a complete view
of all equipment, operations and processes, comparing actual
performance to expected outcomes, and enabling predictive actions. This
plant twin will also enable efficient workforce management, allowing
personnel to focus on critical plant operations.
“This game-changing combination of KBC and BHGE will result in solutions for customers to quickly analyze problems and opportunities, and create insights that can then be turned into actions that will assure operational excellence, and sustainability, based on the Yokogawa approach of engaging in co-innovation with customers.” said Andy Howell, CEO of KBC. “Together we will deliver molecularly-enabled digital twins of assets across the fullstream from wellbore through pipeline networks, topsides, gas plants, refineries and petro-chemical plants.”
The announcement was made in Paris during UNIFY, BHGE’s first-ever Digital User Conference dedicated to productivity-driving software applications for the oil and gas industry.
Read more about Petro-SIM.
Oct 22, 2018
The hub will reduce energy costs and emissions of Singapore-based companies by 10 per cent through delivery of energy management and optimization solutions and next generation analytics via the Cloud.Read full article
Sep 4, 2018
The combination of PETRO with KBC’s world-class rigorous simulation and supply chain management technologies and services brings a new dimension to molecular management and value chain optimization for oil refinery and petrochemical operations planning.Read full article
KBC announces a strategic partnership with leading performance benchmarking firm, Phillip Townsend Associates, Inc.
Apr 12, 2018
The partnership brings together two leaders in the Energy and Chemical industry to help customers achieve performance gap closure faster in a more sustainable manner.Read full article
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