Ecopetrol awards SimSci-Esscor $500,000 software contract
Posted: 25 July 2003
Technology to Improve engineering productivity and increase
plant profitability of colombian facilities
SimSci-Esscor, an operating unit of Invensys plc, has signed a
two-year contract with Ecopetrol, the state-owned petroleum producing
and refining company of Colombia.
Valued in excess of $500,000, it is the second in a series of three,
two-year software contracts between the two companies.
"This contract demonstrates SimSci-Esscor's continuing leadership
in providing highly valued process simulation solutions to the hydrocarbon
industries," said Ken Brown, vice president and general manager
of SimSci-Esscor.
"We continually invest in expanding product capabilities because
we are committed to addressing the changing needs of customers such
as Ecopetrol."
The agreement calls for SimSci-Esscor to supply process simulation
software and related services to Ecopetrol's Instituto Colombiano
del Petroleo research center in Bucaramanga, and its refineries
in Cartagena and Barrancabermeja.
Ecopetrol is involved in the exploration, development, production
and refining of petroleum throughout Colombia.
The combined capacity of its two refineries is 300,000 barrels
of oil per day.
Under the terms of the contract, SimSci-Esscor will supply software
solutions from its Process Engineering Suite, which are designed
to improve engineering productivity and increase plant profitability
through process engineering design and operational analysis.
Engineers plan to use SimSci-Esscor's Pro/II, Hextran, Inplant,
Visual Flow and Pipephase software for use throughout Ecopetrol.
The software solutions enable operators to troubleshoot, optimise
and safely operate petroleum production and processing facilities
at maximum efficiency.
Ecopetrol signed its new contract because SimSci-Esscor products
and services have provided measurable value to its engineers and
offered advanced, proven capabilities to its operators, Brown said.
The company is expected to sign a third two-year contract with Invensys
in 2005.
About Invensys
Invensys is a global leader in production technology. The group
helps customers improve productivity, performance and profitability
using innovative services and technologies and a deep understanding
of their industries and applications.
Invensys Production Management works closely with customers to
increase performance of production assets, maximise return on investment
in production and data management technologies and remove cost and
cash from the supply chain.
The division includes APV, Avantis, Eurotherm, Foxboro, IMServ,
SimSci-Esscor, Triconex and Wonderware. These businesses address
process and batch industries — including oil and gas, chemicals,
power and utilities, food and beverage, and personal health care
— and the discrete and hybrid manufacturing sectors.
Invensys Rail Systems is a global leader in the design, manufacture,
supply, installation, commissioning and maintenance of safety related
rail signaling and control systems as well as a complete range of
rail signaling and communications products.
The business includes Westinghouse Rail Systems Limited (WRSL),
Dimetronic Signals, Safetran Systems, Burco Services, Westinghouse
Signals Australia and Foxboro Transportation.
WRSL was recently awarded two contracts valued at more than £850m
(US$1.3 billion) for the renewal of signaling on the London Underground.
Invensys also currently serves other market sectors through its
Development Division.
The businesses in this division are: Appliance Controls, APV Baker,
Baan, Climate Controls, Hansen Transmissions, Lambda, Metering Systems,
Powerware and Teccor.
Invensys is actively seeking to develop these businesses through
equity partners or new owners.
Invensys operates in more than 60 countries, with its headquarters
in London.
For more information see www.invensys.com.
Posted by Richard Price,
Editor Pipeline Magazine
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