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MOL Group chooses Antea software for its upstream plant and processing facility

December 02/2021

MOSCOW (MRC) -- MOL Group, a multinational Oil & Gas and petrochemicals company, has selected Anteas risk based inspection (RBI) and inspection data management software (IDMS) for the asset integrity management (AIM) of an upstream plant and processing facility, according to Hydrocarbonprocessing.

Antea was chosen due to its extensive software functionality, robust RBI and IDMS offerings, competitive price-point, value-added customer service and the professionalism of its team.

Antea AIM software provides MOL with the ability to visualize asset health with the click of a button, and to manage all maintenance, inspection, and testing activity data in one comprehensive digital database - all while improving safety, reliability, environmental responsibility of the sites and reducing cost of ownership.

We are proud of the trust placed in us by such a global leader in petrochemicals and Oil & Gas, said Franco Gambato, Sales Director of Antea. We look forward to facilitating prolonged asset life, reduced risk, and greatly enhanced profitability for these MOL sites.

As MRC reported earlier, The MOL transformation story began in 2016 when it was one of the first within the oil and gas sector to admit that there were gloomy days ahead and that it was essential to begin the transformation. To plot out the path to a low-carbon future, the company published MOL Group 2030+. Five years after the launch of that transformation plan, the Hungarian energy company has revised its goals with an updated strategy.

We remind that in March 2021, MOL became a biofuel producer through the realization of an investment in the Danube Refinery. Bio feedstock will be co-processed together with fossil materials increasing the renewable share of fuels and reducing up to 200,000 tons /year CO2 emission without negatively affecting fuel quality.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,868,160 tonnes in the first nine months of 2021, up by 18% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 1,138,510 tonnes in January-September 2021, up by 30% year on year. Supply of propylene homopolymer (homopolymer PP) and block-copolymers of propylene (PP block copolymers) increased, whereas supply of injection moulding statistical copolymers of propylene (PP random copolymers) decreased significantly.

MOL is the largest Hungarian oil, gas and petrochemical group, engaged in exploration and production, transportation of hydrocarbons, as well as the operation of a network of trunk gas pipelines. TVK is a 100% subsidiary of MOL. TVK manufactures HDPE, LDPE, and PP.
Author:Margaret Volkova
Tags:bioplastics, PP, PE, crude and gaz condensate, gas processing, petrochemistry, recikling, MOL Group, TVK, Hungary.
Category:General News
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