The Virtual Asset Manager™ installation will include monitoring, optimization, and advisory capability utilizing simulation models of wells, pipelines and onshore processing (e.g., separators, compressors, and liquid stabilization).
"We are very pleased to have been chosen to provide this critical asset management system for such an innovative project," said Michael Mai, president and chief executive officer of MSi. "This award builds on previous contracts with BP in the North Sea and we look forward to providing a robust, fit-for-purpose simulation and operations management solution."
It is expected that the new configuration of the Dimlington Terminal will also prove attractive to other companies wishing to import gas through the terminal thus maximising the potential of existing North Sea infrastructure. The investment and new configuration will replace the existing facilities at the adjacent unmanned Easington Terminal allowing this terminal to be closed and decommissioned. Easington currently receives gas from the West Sole, Hyde, Newsham and Hoton fields and passes it to neighbouring Dimlington.
MSi's Virtual Asset Manager™ system comprises an integrated suite of real-time, online software packages including Virtual Metering System™, Virtual Pipeline Manager™, Virtual Process Advisor™ used to enhance the operability and profitability of oil and gas production, transportation, and processing assets.
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