Strategic Partnership for Assuring Excellence in the Process Industries Andrew Howell Chief Executive Officer, KBC Advanced Technologies

Transcription

1 Strategic Partnership for Assuring Excellence in the Process Industries Andrew Howell Chief Executive Officer, KBC Advanced Technologies

2 Petro-SIM: The De Facto Standard for Hydrocarbon Simulation SAFE, RELIABLE & PROFITABLE OPERATIONS Petro-SIM SIM Suite Multiflash Maximus Energy-SIM & Visual Mesa Steady state & dynamic simulator for upstream, midstream, downstream & chemicals Rigorous, non-linear reactor models for refinery & petrochemical facilities PVT and EOS (Equation of State) modelling software package for fluid-phase behavior, flow assurance and physical properties Thermal hydraulics pipeline network simulator for upstream Utility system modelling for all process industries September 25,

3 Strategic Partnership That Will Realize the Digital Twin An Assurance of Operational Excellence BHGE will integrate analytics & reliability technology through its leadership position in asset performance management and world-class strength in upstream Oil & Gas + KBC will embed domain knowledge embodied in its high fidelity simulation models and subject matter experts on Predix, in the cloud Machine Predix Cloud Applications Assets Analytics Data Security Operations Cloud Foundry Data Infrastructure Together we will deliver a molecularlyenabled digital twin of assets across the fullstream (downstream, midstream and upstream) September 25,

4 Pressure to Achieve Operational Excellence Is Intensifying Weak market fundamentals and high uncertainty is stunting growth, profitability and challenging traditional business models Need for increased supply chain visibility for capturing opportunity and managing risk Technological innovation and digitization is causing disruption and consideration of new operating models Changing competitor landscape is putting emphasis on portfolio quality and asset position on cost curve Industry crew change is presenting a succession challenge to cope with a major skill gap and changing worker needs Tightening HSE regulation is forcing facility investment in order to maintain the licence to operate September 25,

5 Few Companies Know What to Do Most companies understand the concept of Operational Excellence and know that its benefits are potentially enormous Makes operations more competitive Improves ability to grow market share Delivers safe, reliable and profitable operations Lowers company s cost of capital 3, 17% 4, 6% 2, 50% 5, 2% 1, 25% but only 25% felt they had a clear vision for achieving Operational Excellence Level of agreement with the statement: I believe my company has a clear vision for achieving Operational Excellence Source: 2017 industry survey by IQPC and KBC September 25,

6 Even Fewer Believe That Technology Provides the Solution 9% 27% 38% 41% 65% of the industry believes that new technology will potentially disrupt the industry of the industry believes that plants will gain measurable competitive advantage for large-scale adoption of new technology of the industry is unprepared to use Big Data of the industry is unprepared to use IIoT of the industry is unprepared to adopt Artificial Intelligence technology Why so? September 25,

7 A New Step on the Operational Excellence Journey is Required Excellence Superior Results, Sustained results that are unusually good and surpass ordinary standards, now and into the future. Operational Excellence The systematic application of technology and capabilities, guided by operational principles, to assure Superior Results, Sustained. OpXTM The systematic application of KBC technology and capabilities, guided by KBC operational principles, to assure Superior Results, Sustained. OpX TM is a KBC trademark September 25,

8 The BHGE -KBC Partnership: Delivering Excellence Sustainably Digital Operating Models: Of assets containing digital twins (i.e. real-time replicas of plant operations) Driven by intelligent systems which systematize the execution of best practices and workflows, to optimize energy / material / equipment trade-offs KBC Excellence Assurance Framework September 25,

9 Thank you