Petronas Malaysia saves $17.4M and delivers 14x ROI by avoiding equipment failure with AI-infused AVEVA Predictive Analytics in the cloud.
Petroliam Nasional Berhad (Petronas) is Malaysia’s fully integrated oil and gas multinational company, producing 2.4 million barrels of oil equivalent per day.
With the commitment to achieve net-zero carbon emissions by 2050, Petronas recognized the importance of plant stability to achieve its sustainability goals.
Its engineering division, which was keen to optimize equipment performance to improve plant reliability and reduce downtime, turned to AVEVA’s asset performance management (APM) solutions.
Following a successful POC to evaluate AI-infused AVEVA Predictive Analytics, PETRONAS implemented a pilot project in their corporate cloud, running on Microsoft Azure, at four upstream platforms and two downstream plants.
For full details of Petronas’ success story, download this case study!