Malaysia’s fully integrated oil and gas multinational, Petroliam Nasional Berhad (PETRONAS), has partnered with AVEVA to deliver a modern enterprise solution that promotes integration across the entire value chain.
According to the oil and gas company, AVEVA’s Unified Supply Chain in the cloud enables 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.
“At PETRONAS, we are continuously looking to create value with disruptive technologies that offer optimum solutions. Utilising AVEVA Unified Supply Chain software, we have been able to adopt a more integrated business process, that optimises our productivity, allowing us to deliver with less,” said Yusri Yusof, Vice President of Refining and Trading at PETRONAS.
The 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.
AVEVA solutions have helped more than four PETRONAS refinery and petrochemical sites improve safe operations while finding the best utilisation for feedstock. The technology also ensures the resulting production plan matches the real plant optimisation and reduces the gap between planning and scheduling, as well as actual refinery operations.
“AVEVA Unified Supply Chain software, part of AVEVA’s Value Chain Optimization solution, presents a unique opportunity for organisations like PETRONAS to synchronise all business and operations activities across the supply chain from feedstock selection to planning, scheduling, operations and distribution,” said Harpreet Gulati, SVP Planning and Operations, AVEVA.
He added that AVEVA solutions are helping organisations to change the way they work and operate.
“We are delivering the digital transformation of PETRONAS’ supply chain, by empowering its workforce to make better, more agile decisions with next-generation software that is enhancing the user experience as well as providing built-in collaboration, interactivity and advanced analytics,” he said.
Going forward, AVEVA expects to continue empowering forward-thinking organisations like PETRONAS create a collaborative environment enabling the business to be managed in a comprehensive, flexible, and connected manner that brings transparency to the decision-making process across the value chain.
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