Tuesday, December 20, 2011

Technology agreement

Rigorous simulation and optimisation to help achieve real-time operational excellence!

Invensys Operations Management has signed a multi-year, multi-million dollar contract to deliver comprehensive software solutions and services for Shell.

Under a new Corporate Enterprise License, Invensys will provide a suite of its SimSci-Esscor® simulation solutions to improve Shell’s global upstream, downstream and petrochemicals production, helping it to achieve operational excellence. A critical part of the agreement will be Invensys’ ROMeo® solution, an integrated software platform for simulation, data reconciliation, optimisation and operations decision support. Invensys will also supply its PRO/II®, PIPEPHASE® and DYNSIM® software, along with several other software solutions, training and support services. The Corporate Enterprise agreement allows Shell access to Invensys software packages on a global basis within Shell’s IT infrastructure, enabling enhanced use of simulation software across all Shell business units.

“Shell needed cost-effective, flexible access to our open simulation and optimisation software across its global organisation without any restrictions,” said Tobias Scheele, vice president, advanced applications, Invensys Operations Management. “We have been working with Shell and providing them service and solutions for more than 30 years. This Corporate Enterprise License strengthens our long-standing relationship with Shell. Shell will use our SimSci-Esscor ROMeo optimisation software and our other family of simulation and modeling solutions to deliver increased value around the globe, helping them to achieve operational excellence in real time.”  

Invensys Operations Management’s ROMeo software provides a leading unified modeling environment for off-line and on-line optimisation. In use at dozens of upstream facilities, refineries, petrochemical and chemical plants worldwide, the software supplies a scalable environment for optimising all major units, as well as other aspects of plant profitability, such as utilities and instrument/equipment performance. Additional benefits are derived from leveraging the rigorous predictive models to enhance planning and scheduling decisions, leading to increased margins.

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