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OLI Partners with KBC

KBC has announced plans to integrate electrolyte thermodynamics and physical property modelling capabilities into Petro-SIM through a new strategic partnership with OLI Systems.

Integration of OLI Systems’ electrolyte chemistry databank, property models and calculations through the OLI Alliance Engine with KBC’s Petro-SIM will add to the fidelity and applicability of Petro-SIM

KBC, the business improvement company for the Energy and Chemical industry, today announced a new collaboration with OLI Systems to deliver an upgrade to the application of simulation software for engineering design, debottlenecking, troubleshooting and optimisation studies. This will be realised through the interoperability of the two thermodynamics and physical properties software solutions (OLI Systems’ OLI Alliance Engine and KBC’s Multiflash) within KBC’s Petro-SIM process simulation platform.

‘Thermodynamics and physical properties provide a common language for high fidelity digital twins in the Energy and Chemical industry. They are the most important building blocks for a data-meets-simulation approach to engineering design and optimisation,’ states Andy Howell, CEO of KBC. ‘We are thrilled to be partnering with OLI Systems to bring their OLI Alliance Engine into KBC’s Petro-SIM process simulation portfolio[1], and extend our modelling coverage deeper in existing hydrocarbon applications and further into chemical markets’

The native integration of these simulation software packages will result in data exchange between the OLI Alliance Engine and Petro-SIM.  It enhances the simulation capabilities of Petro-SIM in upstream oil and gas production, NGL (natural gas liquids) processing, LNG (liquefied natural gas), oil refining, petrochemical and chemical manufacturing operations. Process and production engineers will benefit from greater model fidelity and engineering efficiency. 

The addition of the OLI Alliance Engine to Petro-SIM will build on KBC’s position in thermodynamics research and application to process simulation. Multiflash, which is already available in Petro-SIM enables users to model hydrocarbon flow assurance and production modelling, including accurate and reliable modelling solutions for chemical and petrochemical applications.

Multiflash is applied to evaluate the phase behaviour and physical and transport properties of complex mixtures and pure substances. Excelling in modelling multi-phase hydrocarbon mixtures, due to its scope and accuracy, it is also the chosen PVT solution for many of the world’s leading oil and gas, petrochemical and chemical producers.

‘OLI Systems prides itself on delivering comprehensive, rigorous solutions that address some of the most complex electrolyte chemistry challenges in the process industries with accurate electrolyte-oriented material property databases, thermodynamic models, simulation software and services,’ said Andy Rafal, CEO of OLI Systems Inc.

‘We’re incredibly excited to get to work on building out this joint product with KBC.  KBC is renowned for delivering real-world answers to some of the industry’s toughest process problems using simulation technology. This integration will enable our mutual clients to significantly increase operational efficiency and productivity with more accurate and effective model predictions.’

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