Statoil moves from FEED to Sim-Opt

Statoil to deploy AspenTech’s HySys Upstream to simulate and optimize production facilities.

Statoil is to deploy more AspenTech software to support the design and optimization of its upstream production facilities. A new multi-year license provides access to applications including HySys Upstream.

FEED

Statoil’s previous AspenTech deployment concerned a HySys-based solution for Front-End Engineering Design (FEED). This combines process simulation, economic evaluation and engineering data management and has enabled Statoil to optimize engineering on new projects.

Upstream

The HySys Upstream option extends these capabilities with industry standard methods for handling petroleum fluids and providing links to third-party applications that model gathering networks. This enabled steady-state and dynamic simulation of the entire production system, from wellhead to the production facility.

Nilsen

Statoil VP Øivind Nilsen said, ‘AspenTech’s simulators are designed for the complex fluid behavior found in oil and gas systems that makes them difficult to analyze and optimize. These tools, in combination with the integrated FEED solution, will enable us to improve design and investment decisions and to improve engineering efficiency.’

Wheeler

AspenTech VP Blair Wheeler added, ‘Hysys is the leading production facility engineering environment for the upstream and provides the foundation for our AspenOne integrated solution for oil and gas.’

Click here to comment on this article

Click here to view this article in context on a desktop

© Oil IT Journal - all rights reserved.