Hydrocarbon Processing magazine has named the 4.0 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.
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.