KBC has announced a solution for integrated engineering design, optimisation, cost estimation and cost management, involving interoperability of two software products: Cleopatra Enterprise from Cost Engineering, and Petro-SIM from KBC. Cleopatra Enterprise is a project cost management solution. It offers the tools needed for the full project life cycle for estimating, budgeting, planning, cost control, and benchmarking of technical projects and complex, time-driven, turnarounds. Petro-SIM is a steady-state process simulation and optimisation software platform for hydrocarbon processes. Its open platform architecture promotes integration and collaboration among project teams. It supports the full process life cycle, from design and operations through performance optimisation and stewardship, reducing capital and operating expenses. The combined solution is applicable to upstream oil and gas production, NGL processing, natural gas liquefaction, oil refining and petrochemicals operations. As well as economic optimisation of the process operation by Petro-SIM, the addition of Cleopatra Enterprise provides the capability to generate cost estimates with each iteration of the simulation, increasing project efficiencies. Christiaan des Bouvrie, CEO of Cost Engineering, said: "In the energy and chemical industry, assets need to be designed and optimised for maximum safety, reliability and profitability. During the conceptual, front-end engineering and design, and operations stages of projects, optimal process configurations need to be evaluated in an efficient manner: an exercise which involves intimate iteration between process configuration and cost estimation and management. Our customers demand data-driven engineering, and a key step involves integrating process engineering and cost engineering disciplines through a common simulation environment where data interchange is effortless. We are very pleased to deliver a solution to this challenge with KBC." Through this strategic partnership, KBC now offers Cleopatra Enterprise as a component of its Petro-SIM simulation portfolio. Full interoperability between Petro-SIM and Cleopatra Enterprise will be available in Petro-SIM 7, which is expected by the end of 2018. Andy Howell, CEO of KBC, said: "KBC has invested heavily in Petro-SIM's unique database architecture and functionality to address the design and engineering-related challenges of today, including project cost management. KBC and Cost Engineering share many mutual customers, and the market has been calling for a tighter integration of our two products. With the partnership we are announcing today, we plan to more fully embed Cleopatra Enterprise within Petro-SIM to take a huge step to improve the efficiency and effectiveness of process engineers, cost estimators and project controllers, while continuing to deliver on the KBC promise of operational excellence." Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/06082018/kbc-to-supply-integrated-software-solution-for-engineering-design-and-cost-management/
KBC has launched a software solution to help plan oil and gas industry engineering projects by combining Cost Engineering’s Cleopatra Enterprise software and its own Petro-SIM product. Cleopatra offers estimation, budget, planning and cost control tools while Petro-SIM provides simulation and optimisation software for hydrocarbon engineering, offering integration and collaboration between teams. It covers design and operation together with management when the project is complete. The combined solution covers upstream oil and gas production, natural gas liquids and liquefaction, oil refining and petrochemical work. “Combining these two products will allow us to provide our clients with an integrated approach that allows them to manage their entire pipeline from start to finish,” said Dr David McAlpine, CEO of KBC.