BPCL partners with Aspen Technology to revolutionize crude oil sourcing
The MOU signing event also saw BPCL unveil K Model.
New Delhi: BPCL, India's central public sector undertaking under the ownership of the Ministry of Petroleum and Natural Gas, has teamed up with Aspen Technology Inc. to revolutionize crude oil sourcing and real-time optimization.
The partnership will integrate Aspen Tech's process simulation solution with BPCL's BPMARRK software, enabling the generation of complete assay data within a fraction of the time it would traditionally take using laboratory methods.
Read Also : KABIL inks MoU with CSIR-NGRI for advancing geophysical investigations in critical and strategic minerals sectorThis groundbreaking technology predicts a detailed Crude Oil Assay for any unknown crude oil within an impressive time frame of 2 to 5 minutes, empowering refiners to anticipate the volume and quality of refined products with utmost accuracy.
The MOU signing event also saw BPCL unveil K Model. This innovative web-based software enables swift and precise prediction of crude oil blend compatibility and optimization for any number of crude oils within minutes.
Read Also : WCL planted More than 5 lakh saplings in year 2023-24BPCL continues to lead the way in the energy industry by pushing boundaries and embracing new technologies. Stay tuned for more updates!
The agreement was signed by Dr. Ravi Kumar V., Head (R&D) BPCL and Dr. Rasha Hasaneen, Chief Product & Sustainability Officer, Aspen Technology Inc. in presence of Shri. Ravitej P. V., ED I/C Refineries Projects, BPCL, Shri George Thomas, Under Secretary (IC) MoP&NG, and other senior officials.
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