Expert Workshops

The purpose of this session is to frame alternative approaches enterprise/project teams can adopt to close the current gaps, reduce value leakage, and in so doing, achieve better performance towards capital efficiency. As the industry moves toward a world of automation, digitalisation and industrialisation, the intent is to explore future market requirements and how organisations can respond including the use of technology.

The digitalized energy management system is an essential aspect of decarbonization which is at the center of national climate strategies. It helps to optimize energy generation and consumption, and improve the energy system’s efficiency and profitability. Digitalization offers an opportunity to leverage data that we already have to get sustainable energy where it needs to be.

Objective: Identification of the digital transformation challenges in the Asset Management field and members' knowledge of the best ways to overcome these challenges. Outline: “The importance of digital transformation in the field of Asset Management” brief by the session moderator. KIPIC experience in the challenges of digital transformation in the field of Asset Management by the session moderator. - Difficulty in Business Case Realization. - Low Digital Maturity and old workplace practices leading to - - Adaptation Resistance. - Lack of Technical Expertise.

This real-life case study presents how Digitalization tools are effective in the optimization of real refinery & Petrochemical plants. Today’s refinery and petrochemical plants are deeply integrated and present a challenge in terms of taking the initiative and capitalizing on opportunities to improve the overall margin. The case study will demonstrate the complexity of today’s unit configurations and how digitalization gives the process engineer and plant operator a new dimension in looking at the “big picture” aiming to improve the bottom line.