THE downstream energy industry, like all other sectors of the energy value chain, is faced with pressure to improve operational efficiency, enhance decision-making, navigate market volatility, and meet evolving regulatory demands all while contributing to the energy transition.
“In this environment, digital transformation has become essential for downstream operators and producers to stay competitive,” Ujjal Mukherjee, Chief Technology Officer, Lummus Technology, tells OGN energy magazine.
However, he says, implementing digital solutions presents unique challenges.
Legacy systems, fragmented data, and the complexity of refineries and petrochemical plants make adopting new technologies difficult.
This is where a hybrid approach combining deep technical expertise with advanced data science becomes crucial.
DESIGNED FOR SUCCESSFUL OUTCOMES
Lummus Digital (LD), a joint venture between TCG Digital and Lummus Technology, offers products designed with three key objectives and outcomes: Delivering quantifiable and measurable value, addressing specific operational challenges, and leveraging deep process knowledge and expertise.
“Our solutions focus on optimising operations by enhancing yields, improving energy efficiency and accelerating response time. They also emphasise reliability by providing critical insights into equipment and performance and improving turnaround planning,” says Mukherjee, who counts several benefits of partnering with Lummus Digital:
• Clients get access to Lummus and Chevron Lummus Global’s (CLG) a joint venture between Chevron and Lummus proprietary know-how. They get proprietary information imbedded in solutions, and advisory services, tapping into CLG process experts.
• Hybrid models combine the First-principles kinetic model with data science.
This story is from the November 2024 edition of Oil and Gas News.
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This story is from the November 2024 edition of Oil and Gas News.
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