AVEVA's Refining Process Value Chain Optimization is a comprehensive solution designed to enhance operational efficiency and profitability in the oil and gas industry. By leveraging advanced technologies and data-driven insights, this software enables refineries to optimize their entire value chain, from crude selection to product distribution. The solution integrates various aspects of refinery operations, including production planning, scheduling, real-time optimization, and performance analysis. It helps break down silos between departments, facilitating better decision-making and collab...
Vendor
AVEVA Group
Company Website
AVEVA's Refining Process Value Chain Optimization is a comprehensive software solution designed to enhance operational efficiency and profitability in oil refineries. By integrating various aspects of refinery operations, from crude selection to product distribution, this solution enables refineries to optimize their entire value chain. It leverages advanced technologies such as digital twin modeling, cloud capabilities, and AI-infused scheduling to provide data-driven insights and facilitate better decision-making across the enterprise.
Key Features
Integrated Value Chain Optimization Comprehensive approach to optimizing the entire refinery value chain
- Production planning and scheduling
- Real-time optimization and advanced process control
- Performance analysis and production accounting
Advanced Technologies Leveraging cutting-edge technologies for improved efficiency
- Digital twin modeling for process and supply chain
- Cloud-enabled solver and native cloud capabilities
- AI-infused scheduling and smart analytics
Collaborative Platform Breaking down silos and enhancing enterprise-wide decision-making
- Unified system for supply chain and operations
- Real-time data sharing and collaboration tools
- Integration of planning, scheduling, and operational data
Benefits
Increased Profitability Significant boost to refinery bottom line
- Potential to increase profitability by $50-300 million per year
- Optimization of crude selection, processing, and product slate
- Capture of market opportunities through agile decision-making
Enhanced Operational Efficiency Streamlining refinery operations for better performance
- Quicker decision-making based on unified supply chain system
- Automated optimization using digital models and smart analytics
- Improved planning and scheduling accuracy
Sustainability and Adaptability Meeting environmental goals and market challenges
- Tools for sustainability and energy minimization
- Ability to quickly adjust to market fluctuations and demand changes
- Support for achieving corporate sustainability objectives