BPCL partners with Aspen Technology to revolutionize crude oil sourcing

The MOU signing event also saw BPCL unveil K Model.

BPCL partners with Aspen Technology to revolutionize crude oil sourcing

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 : Aviation Ministry's initiatives for workforce expansion in DGCA, AERA and AAI

This 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 : Prime Minister dedicates projects worth more than Rs 5200 cr in Bodeli, Gujarat

BPCL 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.

Read Also : ONGC inks MoU with NTPC Green Energy Limited