ENI Expands Usage of AspenTech Adaptive Process Control Technology to Improve Asset Optimization
January 04 2017 - 9:00AM
Business Wire
Leading Italian Oil & Gas Company Deploys
Aspen DMC3™ Software Throughout Downstream Refining Operations with
Minimal Engineering Time and Effort
Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of
software and services to the process industries, today announced
that ENI S.p.A., a global supermajor headquartered in Rome, Italy,
with operations in 79 countries and the world’s 11th largest
industrial company, has successfully leveraged Aspen DMC3™
technology to achieve superior performance across multiple sites
with Adaptive Process Control.
ENI implemented Aspen DMC3 with Adaptive Process Control
technology in its Sannazzaro Refinery, achieving millions of
dollars per year in advanced process control (APC) benefits while
reducing deployment and lifecycle maintenance costs. When ENI
introduced a significant new piece of equipment, the ENI EST Slurry
Unit, at the Sannazzaro site, impacting all refinery operations,
Aspen DMC3 quickly brought back all APC applications to peak
performance, with limited resources. ENI was able to expand its APC
footprint to secondary units to maximize benefits at all
refineries.
Adaptive Process Control, compared to traditional APC
technology, allows for background testing without disturbing
operations. As a result, highly accurate models are easier to
maintain as plants change over time, helping companies meet
operational targets, eliminate complex & costly controller
revamp projects as well as reduce new projects cost and increase
benefits.
AspenTech’s industry-leading APC technology is used by major Oil
& Gas companies such as ExxonMobil, Chevron, Valero, and ENI.
With aspenONE® Advanced Process Control solutions, customers can
significantly increase capacity, reduce energy costs, improve
yields, maintain tight control and reduce quality variance.
Supporting QuotesClaudio Albanese, Vice President
Technology, ENI“ENI strives for sustainability across all the
company’s initiatives, and applies technology to optimize our
plants, maximize Return on Investment (ROI) and increase
competitive advantage. Aspen DMC3 has proven to be a highly
profitable investment with payback achieved in months, offering us
a process optimization tool that truly allows for sustained
benefits by adapting to changing processes, market conditions and
economic objectives.”
Josh Fredberg, Executive Vice President, Products &
Marketing, AspenTech“AspenTech is pleased to deliver solutions that
enable leading manufacturers like ENI to develop and maintain peak
APC performance with limited resources. Aspen DMC3 with Adaptive
Process Control technology can be rapidly deployed with benefits
quickly realized and easily sustained throughout the life of the
asset.”
Supporting Resources
- aspenONE V9 Software
- aspenONE Advanced Process Control
- Aspen DMC3
About ENI, S.p.A.Eni S.p.A. is one of the oil and gas
majors. The company is headquartered in Rome - Italy. ENI operates
in 79 countries, and is currently world's 11th largest
industrial.ENI operates in a large number of fields including oil
and gas exploration and production, gas distribution, electricity,
liquefied natural gas (LNG), power generation, refining and
marketing of petroleum products, production and marketing of
petrochemical products and commodity trading.For a complete Company
Profile please visit
https://www.eni.com/en_IT/company/company-profile.page
About AspenTechAspenTech is a leading supplier of
software that optimizes process manufacturing – for energy,
chemicals, engineering and construction, and other industries that
manufacture and produce products from a chemical process. With
integrated aspenONE solutions, process manufacturers can implement
best practices for optimizing their engineering, manufacturing and
supply chain operations. As a result, AspenTech customers are
better able to increase capacity, improve margins, reduce costs and
become more energy efficient. To see how the world’s leading
process manufacturers rely on AspenTech to achieve their
operational excellence goals, visit www.aspentech.com
© 2016 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen
leaf logo, and OPTIMIZE are trademarks of Aspen Technology, Inc.
All rights reserved. All other trademarks are property of their
respective owners.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170104005119/en/
Aspen Technology, Inc.AspenTechErin Clarke, +1
781-221-1919erin.clarke@aspentech.com
Aspen Technology (NASDAQ:AZPN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Aspen Technology (NASDAQ:AZPN)
Historical Stock Chart
From Jul 2023 to Jul 2024