AVEVA and PETRONAS partner for digital value chain

Petroliam Nasional Berhad (PETRONAS), Malaysia’s oil and gas multinational, has partnered with AVEVA , with the aim to provide a modern enterprise solution that promotes integration across the entire value chain. PETRONAS selected AVEVA unified supply chain in the cloud to enable simplified business processes and deeper collaboration, while reducing value leaks and sustaining productivity. AVEVA’s solution uses enterprise crude knowledge management, to drive value chain optimisation for the oil and gas industry. The AVEVA solution will provide easy data management to deliver a single source of crude oil information that is easily shared across different teams and locations. The modern and intuitive software will eliminate the requirement for specific coding, drastically reducing the learning curve delivering high-performance computing and advanced data processing that will enable PETRONAS to run complex planning models at speed using the latest cloud technology, the company said. The technology also aims to ensure the resulting production plan matches the real plant optimisation and reduces the gap between planning and scheduling, as well as actual refinery operations. Petroliam Nasional Berhad (PETRONAS) is an energy and solutions company. AVEVA is an engineering, planning and operations, asset performance, monitoring and control solutions company. Written from a company news release.Image: AVEVA’S spiral unified supply chain