Invensys Operations Management (Australia) a provider of technology systems, software solutions and consulting services to the process and manufacturing industries, announced that they have entered into an agreement with ExxonMobil Research and Engineering Company (EMRE). This agreement allows Invensys to sub-license a suite of EMRE’s refinery process models to third parties. The suite of models will be delivered through Invensys Operations Management’s market-leading SimSci-Esscor optimisation software, using its ROMeo solution to enable clients to model and optimise process units.
While traditional modelling solutions can only simulate individual process units or provide point solutions to solve a specific problem, Invensys Operations Management’s SimSci-Esscor solution provides a scalable software environment that enables companies to optimise refinery-wide performance, as well as other aspects of refinery profitability, such as utilities and instrument/equipment health monitoring. Additional benefits are derived from leveraging the data generated by rigorous models to enhance planning and scheduling decisions, leading to increased refinery margins.