RasGas Leads with First Global GE Asset Performance Management Solution Built Exclusively for LNG Sector
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Process optimization across RasGas operations expected to generate
substantial savings over 10 years
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Integration of big data and advanced analytics using GE’s Predix™
platform to help scale up reliability, maintenance effectiveness and
productivity
RasGas Company Limited (RasGas), one of the world’s largest producers of
liquefied natural gas (LNG), leads the industry with the first global
deployment of GE’s Asset Performance Management (APM) solutions, powered
by Predix, as a pilot, created specifically to meet the needs of the LNG
sector.
RasGas becomes the first global LNG customer to leverage GE’s Predix
Cloud, the world’s first and only cloud-based solution designed
specifically for industrial data and analytics. This LNG-focused Predix
Cloud solution is projected to extend the life of RasGas assets. It will
also lower operating costs through greater efficiencies and optimize
product chain across RasGas assets.
Marking the effective integration of big data and advanced analytics,
the path-breaking solution will support process optimization across
RasGas operations.
It will capture and analyze the unique volume, velocity and variety of
machine data within a highly secure, industrial-strength cloud
environment, leading to higher reliability in operation and optimizing
resource use efficiency.
The application of APM solutions is expected to meet a current gap in
the LNG industry, whereby raw data is currently isolated and at
different locations. The accumulated information from several years of
operation in various locations can now be integrated to strengthen
predictive and corrective capabilities. Serving as a one-stop optimized
solution, it benefits the LNG sector in scaling up its efficiencies and
productivity to meet the future growth goals of RasGas.
Fahad Mohammed Al Khater, Chief Operations Officer, RasGas, said: “At
RasGas, we are continuously exploring opportunities to enhance our
operational efficiency by leveraging the latest in technology
innovation. The efficient utilization of big data enables us to monitor
our resources effectively and identify challenges even before their
onset to drive growth.”
Bill Ruh, Chief Digital Officer, GE said: “Powered by Predix, our APM
solutions help unlock the potential for productivity gains by our
customers through highly efficient production cycles. The introduction
of our first APM solution for the LNG sector with RasGas, a global
pioneer in the LNG industry, demonstrates the organization’s keen
commitment to be a leader in adopting next generation technologies
today. Beyond the technology gains, the solution will also enhance the
entire value chain - promoting innovation and growth.”
The collaboration between RasGas and GE also fosters a culture of
localized innovation by bringing automated systems and platforms that
will strengthen the skills of Qatari technical professionals. GE’s
global workforce will support the Qatari professionals through knowledge
sharing sessions. It is also aligned with the Qatar National Vision 2030
by promoting sustainable development through lower carbon dioxide
emissions, further contributing to the cost optimization initiatives of
RasGas.
About GE:
GE (NYSE:GE) is the world’s Digital Industrial Company, transforming
industry with software-defined machines and solutions that are
connected, responsive and predictive. GE is organized around a global
exchange of knowledge, the "GE Store," through which each business
shares and accesses the same technology, markets, structure and
intellect. Each invention further fuels innovation and application
across our industrial sectors. With people, services, technology and
scale, GE delivers better outcomes for customers by speaking the
language of industry. www.ge.com
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Copyright Business Wire 2015
Source: Business Wire
(November 1, 2015 - 10:00 PM EST)
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