Invensys to optimize refinery for Thai Oil

BANGALORE, INDIA: Invensys Operations Management, a global provider of technology systems, software solutions and consulting services, today announced that it has signed a five-year, multi-million dollar contract to deliver a comprehensive refinery-wide optimization solution for Bangkok-based Thai Oil Public Company Limited, one of Asia Pacific’s leading refining and petrochemical companies.

“Given the difficult economic forecast for refining in the near term, we need a comprehensive, scalable solution that will help us drive continuous peak performance,” said Chaiwat Damrongmongkulgul, deputy managing director, refinery, Thai Oil.

He added, “We have had considerable success in implementing advanced process control, but to ensure we meet our long-term strategic objectives, we have to move to real-time optimization. We need an experienced partner and a sustainable optimization solution that will allow us to improve the profitability of our operations in real time, and we believe that Invensys can deliver.”

Under the terms of the agreement, Invensys would implement its SimSci-Esscor ROMeo optimization software to improve the real-time performance of Thai Oil’s refinery operations.

An integrated software solution for simulation, data reconciliation and operations decision support, the ROMeo software solution would be a critical part of Thai Oil’s five-year master plan to optimize all its major distillation and conversion units, as well as its plant-wide energy and hydrogen systems, said a press release.

Invensys would also provide turnkey design, engineering, commissioning and consulting services for the refinery-wide optimization solutions.

Ravi Gopinath, president, Invensys Operations Management, Asia Pacific said, “We look forward to helping Thai Oil achieve sustainable growth as they pursue their long-term strategic plan.”

He further said that by providing accurate modeling capabilities and superior solver capabilities at every critical unit, the ROMeo solution will help Thai Oil maximize profits, minimize plant and processing costs, while achieving operations excellence by balancing control, asset and productivity excellence, along with environment and safety excellence.