BPCL, a leading player in the energy industry, has acquired US-based Aspen Technology Inc. signed a strategic memorandum of understanding (MOU) with the company. The partnership aims to integrate Aspen Tech's process modeling solution with BPCL's BPMARRK software, enabling the generation of complete test data in a fraction of the time required using traditional laboratory methods. Assay, the comprehensive chemical analysis of crude oil, plays an important role in predicting the quantity and quality of refined products resulting from refining processes.
BPMARRK's revolutionary technology predicts detailed crude oil analysis for any unknown crude oil with just four physical parameters within an impressive 2-5 minutes. By providing comprehensive crude oil properties, the tool enables refineries to predict the quantity and quality of refined products with maximum accuracy.
At the signing of the MoU, BPCL also launched K Model, an innovative web-based application that can quickly and accurately predict and optimize crude oil blend suitability for any quantity of crude oil within minutes.
The K-model allows refiners to select the most appropriate crude oil mix based on real-time economics, availability and refineability.
This allows for simultaneous evaluation of several mixing options and enables optimal decisions to be made.
Mr. BPCL Director (Refining) Sanjay Khanna addressed the audience with a cross-town address.
"Oil refineries often process crude oil mixtures that cannot be accurately analyzed in real time," he explained in his speech.
Fluctuations in crude oil quality, coupled with the lack of reliable crude oil analysis data, make real-time optimization extremely difficult, if not impossible. BPMARRK provides a complete determination within an hour, compared to several weeks for traditional laboratory methods, and predicts a detailed cow fat test with over 500 pieces of information on each unknown cow fat within 2-5 minutes, making it extremely useful. for application production. in real time.
In addition, Dr. Ravi Kumar V, BPCL Head (R&D), BPMARRK will benefit our user community and improve refinery profitability by making faster and more accurate decisions on crude oil properties.
AspenTech Solutions Consulting Executive Director Sunil Patil said: "AspenTech is pleased to expand its long-term partnership with BPCL to drive operational excellence and improve sustainability through more informed feedstock selection and increased value for accurate feedstock processing." Additionally, the integrated solution enables real-time decision making in response to changing business conditions.
Combining the power of BPMARRK with Aspen Technology's digital twin models, this collaboration aims to revolutionize raw data collection and real-time optimization. The integrated solution can be seamlessly implemented into any refinery configuration and enables real-time application across the industry.
The K-model, another important initiative of BPCL, offers unique capabilities to predict the compatibility of crude oil blends, which has a significant impact on the bottom line of refineries that process large batches of crude oil blends. For refineries processing blends of 4 to 10 crude oils from different sources, the K-model is important because it allows for more component blends to choose from, resulting in increased overall profitability.
BPCL remains committed to adopting the latest technological solutions to improve refinery operations and ensure optimum productivity, profitability and environmental protection. The integration of K-Modell and BPMARRK digital twin models into Aspen's online interfaces is a milestone in real-time crude oil exploration and optimization.
Know more about Bharat Petroleum Corporation Ltd. (BPCL) Bharat Petroleum, a Fortune Global 500 company, is India's second largest oil marketing company and one of India's leading integrated energy companies involved in both the oil and gas and oil and gas industries.
The company received the prestigious Maharatna status and entered the elite club of companies with greater operational and financial autonomy. Bharat Petroleum's refineries in Mumbai, Kochi and Bina have an annual refining capacity of approximately 35.3 million tonnes.
The distribution infrastructure includes a network of facilities, warehouses, power plants, in-flight service stations and LPG dealers. Its distribution network includes over 21,000 power plants, over 6,200 LPG distributors, 525 lubricant distributors, 123 POL depots, 53 LPG bottling plants, 70 aircraft service stations, 4 lubricant blending plants and 4 transnational pipelines.
Bharat Petroleum brings together its strategy, investments, environmental and social ambitions to create a sustainable planet. The company plans to offer electric vehicle charging stations at about 7,000 power stations over the next five years.
Focusing on sustainable solutions, the company is developing an energy ecosystem and roadmap to become a net zero energy company with 1 and 2 emissions by 2040. Bharat Petroleum partners with communities by supporting many initiatives mainly in education, water sector. retention, skills development, health, community development, capacity building and employee volunteerism.
Bharat Petroleum is the world's most respected energy company, leveraging talent, innovation and technology with its core mission of 'enriching lives'. For more information visit www.Bharatpetroleum
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