Digital Technologies
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.
LAND enables expansion of advanced steam reformer temperature monitoring Spanish refinery
LAND®, a business of AMETEK Inc., and a global leader in industrial infrared temperature measurements, has facilitated the adoption of the optimal high-resolution thermal imaging solution for a Spanish refinery’s steam methane reformer furnace.
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.
Digital Exclusive: Ten ways AI is expediting construction projects in the processing industry
Like most construction megaprojects, processing projects have scaled up in complexity while offsetting that complexity using tools such as computer-aided design (CAD), building information modeling (BIM) and project management software. The bad news for the processing industries is that complexity has been outpacing the implementation of productivity tools—however, this may be about to change.
thyssenkrupp Uhde to deliver sustainability and digital services for Brunei Fertilizer Industries
This agreement signifies a key milestone in the ongoing collaboration between the two companies, aimed at advancing digitalization and implementing clean technologies in the fertilizer industry.
- Shell Aviation, Accenture, and Amex GBT expand Avelia into a multi-supplier SAF solution 7/16
- ORLEN and Krajowa Grupa Spożywcza sign MoU to accelerate biomethane production in Poland 7/16
- New plants, U.S. trade worries to drive China's 2025 naphtha imports to record 7/16
- Blue Water significantly reduces CO2 emissions by switching to HVO in port operations 7/16
- Swire Shipping launches new carbon insetting program – ‘Voyage to Zero’ 7/16
- China's surplus crude oil surges in June, giving refiners options 7/16
