Case Studies PETRONAS Refinery Unlocks $8.5 Million USD Per Year in Profit with Scheduling Automation Solution

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	PETRONAS Refinery Unlocks $8.5 Million USD Per Year in Profit with Scheduling Automation Solution

PETRONAS Refinery Unlocks $8.5 Million USD Per Year in Profit with Scheduling Automation Solution

Technology Category	Functional Applications - Enterprise Resource Planning Systems (ERP)
Applicable Industries	Oil & Gas
Applicable Functions	Process Manufacturing
Use Cases	Demand Planning & Forecasting Process Control & Optimization
Services	System Integration
Challenge	PETRONAS Melaka Refineries faced the challenge of creating an integrated refinery scheduling model to eliminate many standalone spreadsheets and leverage multi-user interaction under a single network. The process was long and tedious, and led to different versions of the same schedule — which increased the likelihood for errors and resulted in less than optimal crude production. Read More
About Customer	PETRONAS is the national oil company of Malaysia and holds ownership and control of the petroleum resources for the entire country. It has grown from being the manager and regulator of Malaysia’s upstream sector into an oil and gas corporation, ranking among the FORTUNE Global 500. Recently, PETRONAS Melaka Refineries faced the challenge of creating an integrated refinery scheduling model to eliminate many standalone spreadsheets and leverage multi-user interaction under a single network. Any petroleum scheduling software considered had to be compatible with their current planning tool. Read More
Solution	To reduce error and improve collaboration, PETRONAS implemented Aspen Petroleum Scheduler and Aspen Refinery Multi-Blend Optimizer to automate the scheduling model under a single database. To better align planning and scheduling, AspenTech helped develop a customized template to integrate both Aspen Petroleum Scheduler and Aspen Refinery Multi-Blend Optimizer with PETRONAS’ current planning tool. The software allowed greater visibility and agility into the refinery model, yielding higher margins and lower production costs. Now schedulers can plot planned, scheduled and actual targets, while seeing variances as they occur and make necessary changes in a single network for better scheduler collaboration. As schedulers make changes, automated alerts notify the other schedulers of the changes, making it easier to adjust the schedule. Read More Log in to view content
Contents

Technology Category

Functional Applications - Enterprise Resource Planning Systems (ERP)

Applicable Industries

Oil & Gas

Applicable Functions

Process Manufacturing

Use Cases

Demand Planning & Forecasting

Process Control & Optimization

Services

System Integration

Challenge

PETRONAS Melaka Refineries faced the challenge of creating an integrated refinery scheduling model to eliminate many standalone spreadsheets and leverage multi-user interaction under a single network. The process was long and tedious, and led to different versions of the same schedule — which increased the likelihood for errors and resulted in less than optimal crude production.

About Customer

PETRONAS is the national oil company of Malaysia and holds ownership and control of the petroleum resources for the entire country. It has grown from being the manager and regulator of Malaysia’s upstream sector into an oil and gas corporation, ranking among the FORTUNE Global 500. Recently, PETRONAS Melaka Refineries faced the challenge of creating an integrated refinery scheduling model to eliminate many standalone spreadsheets and leverage multi-user interaction under a single network. Any petroleum scheduling software considered had to be compatible with their current planning tool.

Solution

To reduce error and improve collaboration, PETRONAS implemented Aspen Petroleum Scheduler and Aspen Refinery Multi-Blend Optimizer to automate the scheduling model under a single database. To better align planning and scheduling, AspenTech helped develop a customized template to integrate both Aspen Petroleum Scheduler and Aspen Refinery Multi-Blend Optimizer with PETRONAS’ current planning tool. The software allowed greater visibility and agility into the refinery model, yielding higher margins and lower production costs. Now schedulers can plot planned, scheduled and actual targets, while seeing variances as they occur and make necessary changes in a single network for better scheduler collaboration. As schedulers make changes, automated alerts notify the other schedulers of the changes, making it easier to adjust the schedule.

Impact #1	Achieve ROI of $.10/bbl USD of crude process and $8.5M/year USD profit
Impact #2	Increase coordination and collaboration between schedulers
Impact #3	Improve alignment between planning and scheduling

Impact #1

Achieve ROI of $.10/bbl USD of crude process and $8.5M/year USD profit

Impact #2

Increase coordination and collaboration between schedulers

Impact #3

Improve alignment between planning and scheduling

Benefit #1	ROI of $0.10/bbl USD of crude process
Benefit #2	Annual profit of $8.5 million USD
Benefit #3	Improvements of $0.005/bbl in MOGAS alone with an annual profit of $0.144 million USD

Benefit #1

ROI of $0.10/bbl USD of crude process

Benefit #2

Annual profit of $8.5 million USD

Benefit #3

Improvements of $0.005/bbl in MOGAS alone with an annual profit of $0.144 million USD

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Overview

PETRONAS Refinery Unlocks $8.5 Million USD Per Year in Profit with Scheduling Automation Solution

Operational Impact

Quantitative Benefit