Shell Global Solutions launches major simulation program
Company signs technology agreement with Invensys for multi-year partnership on simulation and optimization.
Invensys Operations Management, a global provider of technology systems, software solutions, and consulting services, has announced that it has entered into a multi-year, multi-million dollar contract with Shell to deliver comprehensive software solutions and services.
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 a drive to achieve operational excellence. Invensys says a critical part of the agreement will be its ROMeo solution, an integrated software platform for simulation, data reconciliation, optimization, 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 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 optimization software across its global organization 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 optimization 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.”
ROMeo software provides a unified modeling environment for off-line and on-line optimization. In use at dozens of upstream facilities, refineries, petrochemical, and chemical plants worldwide, the software supplies a scalable environment for optimizing all major units, as well as other aspects of plant profitability, such as utility, instrument, and equipment performance. Additional benefits are derived from leveraging the rigorous predictive models to enhance planning and scheduling decisions, leading to increased margins.
Invensys Operations Management
Edited by Peter Welander, email@example.com
- Events & Awards
- Magazine Archives
- Oil & Gas Engineering
- Salary Survey
- Digital Reports
- Survey Prize Winners
- CFE Edu
Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey