Hydrocarbon Processing magazine has named the 10 characteristics of the refinery of the future, including: predictive and near real-time operation; proactive intelligence that discovers impending disruptive or abnormal events; continuous improvement in asset availability; digital twins of physical assets; sustainability and compliance with environmental regulations; reduced risk to personnel; product lifecycle management, and the embrace of new business models. The company is also working on a project called “Energy for Life,” which will be built at its facility in San Antonio.
Hydrocarbon Processing magazine has named the 10 characteristics of the refinery of the future, including: predictive and near real-time operation; proactive intelligence that discovers impending disruptive or abnormal events; continuous improvement in asset availability; digital twins of physical assets; sustainability and compliance with environmental regulations; reduced risk to personnel; product lifecycle management, and the embrace of new business models. To manage the "sea of technology providers", the article recommends employing a main information contractor (MIC) to channel and optimise the disparate technologies that make up the refinery and plant of the future.