Abu Dhabi: During ADIPEC 2019, taking place from November 11th to 14th, Schneider Electric, the leader in digital transformation of Energy Management and Automation, will highlight how its IoT-enabled, open, interoperable architecture EcoStruxure for Oil, Gas and Petrochemicals, Power and Process Solutions is helping its oil and gas customers create more value across their enterprises.

“Schneider Electric has built a strong reputation as an innovative partner to the global oil and gas industry because of our ability to help customers improve returns on CapEx and OpEx spend across the lifecycle of their assets, from design to operations, and across their entire value chain,” said Chris Dartnell, President Oil & Gas Segment, Schneider Electric. “At ADIPEC 2019, we will showcase how advanced, digital technologies, like our IoT-enabled EcoStruxure platform, help our customers in the oil and gas and other energy-intensive segments reduce project risks and costs while reaching first production sooner.”

By taking an asset-centric view of the plant across its lifecycle and supply chain, customers can better leverage capital investments upfront to optimize profitability and ROI when the plant begins operating.

“Our technologies enable our customers to take a holistic view of their operations to optimize CapEx and OpEx investments,” said Georges El Mir, VP Oil and Gas Middle East and Africa, Schneider Electric. “For example, we can help bring down the traditional barriers between power management and process automation systems to help industrial customers solve critical engineering and operating challenges. Because they now have the ability to connect assets that are the center of their projects with assets that are at the core of their operations across the full lifecycle of their plants, our customers can realize new levels of efficiency and agility, while improving the safety and profitability of their operations.”

As an example of that, Schneider Electric worked closely with a major oil refiner on a greenfield project that unified electrical and automation project design and execution. The scope of the project included the design, delivery and commissioning of the company’s EcoStruxure Foxboro distributed control system, EcoStruxure Triconex safety system and complete electrical distribution system within an e-House enclosure including Schneider Electric Low Voltage and Medium Voltage switchgear and Motor Control Centers, transformers, and Uninterruptible Power Systems (UPS) systems. The goal of the unified approach was to reduce CapEx spend while optimizing the project schedule, enabling improved operations, and documenting best practices for future projects.

According to the customer, CapEx for the project’s control and power systems was reduced by 15 percent, mainly through a reduction in electrical infrastructure, wiring, cabinets, and labor. The project also successfully set best design practices for future projects.

Overall, Schneider Electric’s technology approach is proven to enable CapEx improvements of 20% on Electrical and Instrumentation projects across the asset lifecycle, downtime reduction of up to 15%, reduction in process energy utilization of 7-12% and EBITDA improvements of 3-5% pts.

The effectiveness of Schneider Electric’s approach was highlighted in its successful project with BASF, at Beaumont, Texas, in the United States. Schneider Electric supported the world’s largest chemicals company in putting together a new substation and integrated services, as well as equipment for the plant’s main distribution point. This was made possible with Schneider Electric’s cloud-enabled EcoStruxure Asset Advisor, which provides BASF 24/7 visibility into the health of its critical equipment.

“Schneider Electric has the unique ability to provide and connect our customers’ power systems, process control and safety systems with leading design, simulation, training, asset management and digital twin solutions,” Dartnell said. “Using a common simulation platform, and connecting things like virtual modelling to real-time operations data, we help customers close the loop between ‘as designed’ and ‘as operating.’ As a result, BASF is now able to continuously monitor 63 assets remotely for analysis; measure and compute more than 100 different variables; provide access to the Asset Advisor Service Bureau; and mitigate risk for the plant’s electrical distribution.”

The company has also recently worked closely with ADNOC (Abu Dhabi National Oil Company) on one of its latest offshore developments. Schneider Electric was brought in as a main electrical equipment supplier to support the installation of six new wellhead towers and an off-shore super complex consisting of six bridge linked platforms.
The objective was to include an Integrated Electrical Architecture from one supplier with Electrical Asset Management to ensure predictive maintenance of capital electrical equipment and use a secured Cyber network with one electrical partner for services.

Visitors to Schneider Electric’s stand during ADIPEC will be able to learn more about how Schneider Electric enables customers to rethink traditional approaches when it comes to how they design, implement and operate their assets and as a result help them reach first production sooner.

-Ends-

About Schneider Electric
At Schneider, we believe access to energy and digital is a basic human right. We empower all to make the most of their energy and resources, ensuring Life Is On everywhere, for everyone, at every moment.
We provide energy and automation digital solutions for efficiency and sustainability. We combine world-leading energy technologies, real-time automation, software and services into integrated solutions for Homes, Buildings, Data Centers, Infrastructure and Industries.
We are committed to unleash the infinite possibilities of an open, global, innovative community that is passionate about our Meaningful Purpose, Inclusive and Empowered values.
www.se.com 

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.