bp is aiming to be a very different kind of energy company by 2030, from an international oil company to an integrated energy company. One component of its strategy is resilient hydrocarbons, from exploration and production to the transportation, refining and marketing of oil and gas. Underpinning its ambition, the company aims to be net zero across its entire operations on an absolute basis by 2050 or sooner.
“We’ve seen the commercial benefit from our cloud-based AVEVA Unified Supply Chain solution – improved margins, and faster data access and decision-making in our refineries – by modeling and optimizing our downstream value chain. We recognized that we could gain further value from our solution by introducing a CO₂ layer to model emissions.”
– Richard Goddard, Commercial Tools and Development Manager, bp
- Leverage advanced cloud computing and automation for a standardized approach across refinery operations, to deploy models faster and sustainably
- Introduce the ability to model CO₂ emissions within each bp-operated refinery to provide new insights to track and manage CO₂ emissions
- Providing a single, global tool and data set to align heritage work practices and provide improved planning performance with sharing of expertise and visibility of results across the refineries
- Standardizing modeling of CO₂ emissions globally across the network of bp-operated refineries
The following AVEVA solution was implemented:
- bp’s refineries have implemented an improved and easy-to-use planning tool, with the capability to model many different scenarios and return results at pace
- Simplified decision-making that can be performed faster using one optimization tool, delivering competitive advantage
- Margin improvements through improved decision-making capabilities
- Improved CO2 emissions modeling capabilities that can be used to plan, test and evaluate strategies for carbon reduction.