Automation
Hexagon prepares for the spin-off of its Asset Lifecycle Intelligence division and related businesses
Hexagon AB has announced that the board of directors, after a comprehensive assessment, has directed management to prepare for the separation of its Asset Lifecycle Intelligence (ALI) division and related businesses (NewCo) by way of a Lex Asea distribution (or spin-off) to its shareholders, as previously announced on October 25, 2024.
Hybrid model using first principles and AI/ML for analyzer-less fuel blending
This article discusses first-principle blend model architecture used traditionally by refineries, including its pros and cons. This text also explores the concept and trend of using artificial intelligence and machine-learning hybrid models for blending for cases where online analyzers may not be installed or may be nonfunctional, sometimes causing quality giveaways and violations.
Improve reliability with predictive maintenance insights
Machine-learning-equipped advanced analytics platforms empower SMEs to solve some of the toughest process problems efficiently, implement effective process improvements, transition from reactive to predictive maintenance strategies, increase productivity and uptime, and operate more profitably.
Use AI to replace spectrometric analyzer chemometric modeling
This article compares the two approaches in blending practices—classic chemometrics and AI—highlighting the superiority and practicality of using AI.
IT dependencies complicate OT security
Cyber-securing oil and gas automation to ensure safe, reliable and efficient physical operations is becoming more challenging. This article explores the modern yet evolving threat environment, how expectations for cybersecurity are changing, how information technology/operational technology (IT/OT) dependencies have emerged as an important issue in most cybersecurity programs, and how owners and operators are addressing this new issue.
Strategies to resolve process variability via regulatory process control
This article discusses strategies to address process instability for effective process control.
Preem partners with Imubit for closed-loop AI optimization at Lysekil refinery
Imubit, a global leader in closed-loop artificial intelligence optimization (AIO), and Preem, Sweden’s largest fuel company, have formed a partnership aimed at accelerating Preem’s sustainability journey through Imubit’s closed-loop AIO technology.
Yokogawa enhances IT/OT integration with new release of OpreX Collaborative Information Server
Yokogawa Electric Corporation announced the release of the latest version of OpreX™ Collaborative Information Server (CI Server), with enhancements that streamline application assembly and improve external connectivity.
Emerson to acquire remaining outstanding shares of AspenTech
Emerson will acquire all outstanding shares of common stock of AspenTech not already owned by Emerson for $265/share pursuant to an all-cash tender offer. The transaction values the minority stake being acquired at $7.2 B, and values the total company at a fully diluted market capitalization of $17 B with an enterprise value of $16.8 B.
Pertamina partners with ABL to enhance asset management at its Cilacap refinery (Indonesia)
Pt. Kilang Pertamina Internasional has appointed ABL’s asset integrity management unit to further enhance asset management at the Indonesian national energy company’s Cilacap Refinery Unit IV, located in Central Java, Indonesia.
- Fire put out at oil refinery in Baku (Azerbaijan) 3/5
- Indonesia to plant 1.2 MM hectares of sugar palm to make ethanol 3/5
- Key U.S. energy data trends to track as tariffs kick in 3/5
- EIA: Refinery closures and rising consumption will reduce U.S. petroleum inventories in 2026 3/5
- Cleanova adds Micronics to its filtration portfolio 3/5
- Hexagon prepares for the spin-off of its Asset Lifecycle Intelligence division and related businesses 3/5
