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Case Studies > 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
The 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 The 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.
The 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.
Operational Impact
  • Achieve ROI of $.10/bbl USD of crude process and $8.5M/year USD profit
  • Increase coordination and collaboration between schedulers
  • Improve alignment between planning and scheduling
Quantitative Benefit
  • ROI of $0.10/bbl USD of crude process
  • Annual profit of $8.5 million USD
  • Improvements of $0.005/bbl in MOGAS alone with an annual profit of $0.144 million USD

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