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Oil, Gas, Petrochemical Industry News
News Release from: MDC Technology
Edited by the Processingtalk Editorial
Team on 25 February 2003
BP anticipates 3% energy bill reduction
MDC Technology, part of Emerson Process Management, has been awarded a contract by BP to improve performance of its integrated power station and CHP plant on the BP Grangemouth site
This co-generation facility provides power to support the major BP businesses on the site, which are Exploration, Oil and Chemicals The contract forms part of the BP automation strategy to increase plant availability and improve the economic performance at the Grangemouth site
This article was originally published on Processingtalk on 31 Dec 2002 at 8.00am (UK)
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The solution will be implemented using the Emerson real-time on-line optimisation system, RTO+.
In addition the e-fficiency web-based equipment performance monitoring service, will be used to analyse the underlying performance of boilers and steam turbines to support operational decision-making.
"BP is pleased to place this contract with Emerson, whose track record and abilities are evident from previous projects on the Grangemouth site.
Again we have selected Emerson because of their value proposition that provides a solution that is the most complete and cost-effective to meet our needs", said Gordon Grant, BP Availability Manager.
"We know this project will enable us to become more efficient and responsive, and will play a key role in helping us reduce our annual energy bill by approximately 3%".
This project builds on the success experienced on this site where RTO+ has been deployed to provide an online, real-time closed-loop optimiser on the G4 and KG Olefins parts of the site.
"A very productive partnership has been formed between BP and Emerson to deliver improved operating results," said Craig Llewellyn, President of Emerson Process Management Asset Optimisation division.
"Through past successful projects, BP knows they can rely on us to help them with this critical utilities optimisation system." Emerson Asset Optimisation combines services and technologies to improve availability and performance of production assets.
It takes advantage of the PlantWeb digital plant architecture to automate the flow of information on asset reliability and performance to the people who run the business.
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