Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas multinational, has partnered with AVEVA, a global leader in industrial software, driving digital transformation and sustainability, to provide a modern enterprise solution that promotes integration across the entire value chain.
Petronas selected AVEVA Unified Supply Chain in the cloud to enable simplified business processes and deeper collaboration, while reducing value leaks and sustaining productivity. AVEVA’s solution uses Enterprise Crude Knowledge Management, to drive Value Chain Optimization for the oil and gas industry.
The AVEVA solution will provide a single source of crude oil information that is easily shared across different teams and locations. The software will eliminate the requirement for specific coding, reducing the learning curve and allowing Petronas to run complex planning models at speed using the latest cloud technology.
“At Petronas, we are continuously looking to create value with disruptive technologies that offer optimum solutions. Utilizing AVEVA Unified Supply Chain software, we have been able to adopt a more integrated business process, that optimizes our productivity, allowing us to deliver with less,” said Mr. Yusri Yusof, Vice President of Refining and Trading at Petronas.
AVEVA has worked on more than 4 Petronas refinery and petrochemical sites improve safe operations while finding the best utilization for feedstock. Its technology also ensures the resulting production plan matches the real plant optimization and reduces the gap between planning and scheduling, as well as actual refinery operations.
“AVEVA Unified Supply Chain software, part of AVEVA’s Value Chain Optimization solution, presents a unique opportunity for organizations like Petronas to synchronize all business and operations activities across the supply chain from feedstock selection to planning, scheduling, operations and distribution,” said Harpreet Gulati, SVP Planning and Operations, AVEVA. “Our solutions are helping organizations to change the way they work and operate. We are delivering the digital transformation of Petronas’ supply chain, by empowering its workforce to make better, more agile decisions with next-generation software that is enhancing the user experience as well as providing built-in collaboration, interactivity and advanced analytics.”