MOSCOW (MRC) -- SAP SE and DNV GL, one of the largest independent management and quality assurance experts, said they have teamed up to deliver a new industry cloud solution, Corrosion Under Insulation (CUI) Manager, designed to tackle a major problem facing the integrity of oil and gas plants, according to Hydrocarbonprocessing.
Corrosion Under Insulation Manager is one of the latest industry cloud solutions built and run on the open SAP Cloud Platform. These industry solutions use intelligent technologies, such as artificial intelligence and advanced analytics, to create compelling user experiences and to digitalize and automate operations. SAP and partners focus on solutions for the core business of our customers in their industries to help optimize end-to-end processes and to enable the development of new and differentiating business models.
“In collaboration with DNV GL, we will deliver the first industry cloud solution for the oil and gas industry,” said Benjamin Beberness, SAP Oil and Gas Business Unit global vice president.
CUI is the largest maintenance cost for offshore and onshore installations with insulated pipes. In close collaboration with the industry, DNV GL has developed a new risk-based methodology, published a new recommended practice and turned the insights into an easy-to-use interface with the CUI Manager. Through the strength of DNV GL’s models and the integration with SAP Asset Intelligence Network and the SAP Asset Strategy and Performance Management application, this solution will provide an efficient and standardized way to address the risk of CUI.
CUI Manager continuously assesses and calculates the CUI risk, helping integrity engineers and managers prevent failure, increase safety and manage hidden threats. It optimizes asset strategy and planning by providing detailed, instant insights on current and planned risk as well as the resulting cost development. The solution’s full integration with SAP Asset Strategy and Performance Management enables calculation and visualization of the complete risk picture using SAP Cloud Platform.
“The combination of DNV GL’s deep technical insight and state-of-the-art software solutions with SAP’s cloud-based solutions for intelligent asset management will generate significant value for our customers,” said DNV GL - Oil & Gas, CEO, Liv A. Hovem. “We look forward to bringing additional solutions to the market jointly with SAP in the near future.”
As MRC reported earlier, oil producers face an unprecedented challenge to balance supply and demand as factors including the pace and response to COVID-19 vaccines cloud the outlook, according to an official with International Energy Agency's (IEA) statement.
We remind that the COVID-19 outbreak has led to an unprecedented decline in demand affecting all sections of the Russian economy, which has impacted the demand for petrochemicals in the short-term. However, the pandemic triggered an increase in the demand for polymers in food packaging, and cleaning and hygiene products, according to GlobalData, a leading data and analytics company. With Russian petrochemical companies having the advantage of access to low-cost feedstock, and proximity to demand-rich Asian (primarily China) and European markets for the supply of petrochemical products, these companies appear to be well-positioned to derive full benefits from an improving market environment and global economy post-COVID-19, says GlobalData.
We also remind that in December 2020, Sibur, Gazprom Neft, and Uzbekneftegaz agreed to cooperate on potential investments in Uzbekistan including a major expansion of Uzbekneftegaz’s existing Shurtan Gas Chemical Complex (SGCC) and the proposed construction of a new gas chemicals facility. The signed cooperation agreement for the projects includes “the creation of a gas chemical complex using methanol-to-olefins (MTO) technology, and the expansion of the production capacity of the Shurtan Gas Chemical Complex”.
Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).
According to MRC's DataScope report, PE imports to Russia decreased in January-November 2020 by 17% year on year and reached 569,900 tonnes. High density polyethylene (HDPE) accounted for the greatest reduction in imports. At the same time, PP imports into Russia increased by 21% year on year to about 202,000 tonnes in the first eleven months of 2020. Propylene homopolymer (homopolymer PP) accounted for the main increase in imports.
MRC