AVEVA and PETRONAS partner for digital value chain

12 Apr 2021 Editorial Team

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

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..