Friday 6 December 2019
 
»
 
»
Story

Schneider Electric to showcase key solutions for oil, gas sector

ABU DHABI, 23 days ago

Schneider Electric is showcasing its innovative solutions for the energy sector such as the Internet of Things (IoT)-enabled, open, interoperable architecture EcoStruxure for Oil, Gas and Petrochemicals, Power and Process Solutions at the ongoing Abu Dhabi International Petroleum Exhibition & Conference (Adipec).

A leader in digital transformation of energy management and automation, Schneider Electric said it will highlight how EcoStruxure is helping its oil and gas customers create more value across their enterprises.

"At Adipec, we will be showcasing how advanced, digital technologies, like our IoT-enabled EcoStruxure platform, helps our customers in the oil and gas and other energy-intensive segments reduce project risks and costs while reaching first production sooner," remarked Chris Dartnell, President Oil & Gas Segment, Schneider Electric.   

“Schneider Electric has built a strong reputation as an innovative partner to the global oil and gas industry because of our ability to help customers improve returns on CapEx and OpEx spend across the lifecycle of their assets, from design to operations, and across their entire value chain,” he stated.

By taking an asset-centric view of the plant across its lifecycle and supply chain, customers can better leverage capital investments upfront to optimize profitability and ROI when the plant begins operating.

“Our technologies enable our customers to take a holistic view of their operations to optimize CapEx and OpEx investments,” remarked Georges El Mir, VP Oil and Gas Middle East and Africa, Schneider Electric.

"For example, we can help bring down the traditional barriers between power management and process automation systems to help industrial customers solve critical engineering and operating challenges," noted Mir.

"Because they now have the ability to connect assets that are the center of their projects with assets that are at the core of their operations across the full lifecycle of their plants, our customers can realize new levels of efficiency and agility, while improving the safety and profitability of their operations," he added.

Citing an example, Schneider Electric said it had worked closely with a major oil refiner on a greenfield project that unified electrical and automation project design and execution.

The scope of the project included the design, delivery and commissioning of the company’s EcoStruxure Foxboro distributed control system, EcoStruxure Triconex safety system and complete electrical distribution system within an e-House enclosure including Schneider Electric Low Voltage and Medium Voltage switchgear and Motor Control Centers, transformers, and Uninterruptible Power Systems (UPS) systems, it stated.

The goal of the unified approach was to reduce CapEx spend while optimizing the project schedule, enabling improved operations, and documenting best practices for future projects.

According to the customer, CapEx for the project’s control and power systems was reduced by 15 percent, mainly through a reduction in electrical infrastructure, wiring, cabinets, and labor. The project also successfully set best design practices for future projects, it added.

Overall, Schneider Electric’s technology approach is proven to enable CapEx improvements of 20% on Electrical and Instrumentation projects across the asset lifecycle, downtime reduction of up to 15%, reduction in process energy utilization of 7-12% and ebitda improvements of 3-5% pts.

The effectiveness of Schneider Electric’s approach was highlighted in its successful project with BASF, at Beaumont, Texas, in the US.

Schneider Electric supported the world’s largest chemicals company in putting together a new substation and integrated services, as well as equipment for the plant’s main distribution point.

This was made possible with Schneider Electric’s cloud-enabled EcoStruxure Asset Advisor, which provides BASF 24/7 visibility into the health of its critical equipment.

“Schneider Electric has the unique ability to provide and connect our customers’ power systems, process control and safety systems with leading design, simulation, training, asset management and digital twin solutions,” remarked Dartnell.

"Using a common simulation platform, and connecting things like virtual modelling to real-time operations data, we help customers close the loop between ‘as designed’ and ‘as operating.’ As a result, BASF is now able to continuously monitor 63 assets remotely for analysis; measure and compute more than 100 different variables; provide access to the Asset Advisor Service Bureau; and mitigate risk for the plant’s electrical distribution," he added.-TradeArabia News Service




Tags:

More Energy, Oil & Gas Stories

calendarCalendar of Events

Ads