Petrom

Aramco Wins ISA100 Wireless Excellence in Automation Award

Retrieved on: 
Friday, April 19, 2024

DURHAM, N.C., April 19, 2024 /PRNewswire/ -- The International Society of Automation (ISA) – the leading professional society for automation – and the ISA100 Wireless Compliance Institute (WCI) have announced that Aramco, a global integrated energy and chemicals company, has won the 2023 ISA100 Wireless Excellence in Automation award for their novel application of wireless instrumentation at a key operating site, the Fadhili Gas Plant. Aramco is recognized this year for pioneering the large-scale deployment of an ISA100 Wireless steam trap monitoring solution. Aramco is joining a distinguished list of end users who have received this award over the past 11 years.

Key Points: 
  • Annual award honors novel application of wireless instrumentation at Fadhili Gas Plant; learn more at 24 April webinar
    DURHAM, N.C., April 19, 2024 /PRNewswire/ -- The International Society of Automation (ISA) – the leading professional society for automation – and the ISA100 Wireless Compliance Institute (WCI) have announced that Aramco, a global integrated energy and chemicals company, has won the 2023 ISA100 Wireless Excellence in Automation award for their novel application of wireless instrumentation at a key operating site, the Fadhili Gas Plant.
  • Each year, the ISA100 Wireless Compliance Institute presents the ISA100 Wireless Excellence in Automation Award to a global end user company that has demonstrated outstanding leadership and innovation with ISA100 Wireless technology.
  • Notable past end-user recipients of the ISA100 Wireless Excellence in Automation Award include OMV Petrom, Enquest UK, Fuji Oil Company, Ltd., ILBOC, BAPCO, Alcoa, Phillips 66, PETRONAS and Nippon Steele & Sumikin Engineering.
  • The deployed ISA100 Wireless network is based on a distributed topology centered on an ISA100 Wireless field gateway and multiple ISA100 Wireless field backbone routers.

Transocean Ltd. Announces $251 Million Harsh Environment Semisubmersible Contract

Retrieved on: 
Tuesday, December 12, 2023

STEINHAUSEN, Switzerland, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a minimum 540-day contract for the Transocean Barents with OMV Petrom S.A. in the Romanian Black Sea at a rate of $465,000 per day, excluding additional services.

Key Points: 
  • STEINHAUSEN, Switzerland, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a minimum 540-day contract for the Transocean Barents with OMV Petrom S.A. in the Romanian Black Sea at a rate of $465,000 per day, excluding additional services.
  • The program is expected to commence in the first quarter of 2025 and is estimated to contribute approximately $251 million in backlog, excluding full compensation for mobilization and a demobilization fee.
  • For each day over 540 days, including the two option periods, the operating dayrate will be $480,000.

OMV Petrom Wins ISA100 Wireless Excellence in Automation Award

Retrieved on: 
Wednesday, June 21, 2023

Annual award honors novel application of wireless instrumentation

Key Points: 
  • Durham, North Carolina--(Newsfile Corp. - June 21, 2023) - The International Society of Automation (ISA) and the ISA100 Wireless Compliance Institute (WCI) announced today that OMV Petrom has won the 2022 ISA100 Wireless Excellence in Automation award for their novel application of wireless instrumentation at a key operating site.
  • Each year, the ISA100 Wireless Compliance Institute (WCI) presents the ISA100 Wireless Excellence in Automation Award to a global end-user company that has demonstrated outstanding leadership and innovation with ISA100 Wireless technology.
  • "OMV Petrom's use of ISA100 Wireless exemplifies the novel application of wireless technology that we seek to recognize with the annual Excellence in Automation award.
  • OMV Petrom chose ISA100 Wireless over other industrial IoT technologies and solutions because it met and exceeded OMV Petrom's requirements for real-time oil field monitoring.

Bucharest Stock Exchange and Depozitarul Central launch the online Investors Enrollment Platform

Retrieved on: 
Monday, August 8, 2022

BUCHAREST, Romania, Aug. 8, 2022 /PRNewswire/ -- Bucharest Stock Exchange (BVB) and Depozitarul Central continue the digital transformation effortsby launching the Investors Enrollment Platform with the help of its partners, Aurachain and eVOTE.

Key Points: 
  • BUCHAREST, Romania, Aug. 8, 2022 /PRNewswire/ -- Bucharest Stock Exchange (BVB) and Depozitarul Central continue the digital transformation effortsby launching the Investors Enrollment Platform with the help of its partners, Aurachain and eVOTE.
  • By using their login credentials, investors can participate online and vote electronically at the General Shareholders Meetings conducted by companies listed on the Bucharest Stock Exchange that use the eVOTE Platform and where the investors own shares.
  • Bucharest Stock Exchange has always searched to identify technological solutions that facilitate investors' and issuers' access to the capital market, and the launch of this platform surely contributes to that goal," said Adrian Tanase, Bucharest Stock Exchange CEO.
  • Bucharest Stock Exchange and Depozitarul Central have maximized the possibilities of the low-code Aurachain platform to develop the Investors Enrollment Platform significantly faster than traditional development methods would have allowed.

Bucharest Stock Exchange and Depozitarul Central launch the online Investors Enrollment Platform

Retrieved on: 
Monday, August 8, 2022

BUCHAREST, Romania, Aug. 8, 2022 /PRNewswire/ -- Bucharest Stock Exchange (BVB) and Depozitarul Central continue the digital transformation effortsby launching the Investors Enrollment Platform with the help of its partners, Aurachain and eVOTE.

Key Points: 
  • BUCHAREST, Romania, Aug. 8, 2022 /PRNewswire/ -- Bucharest Stock Exchange (BVB) and Depozitarul Central continue the digital transformation effortsby launching the Investors Enrollment Platform with the help of its partners, Aurachain and eVOTE.
  • By using their login credentials, investors can participate online and vote electronically at the General Shareholders Meetings conducted by companies listed on the Bucharest Stock Exchange that use the eVOTE Platform and where the investors own shares.
  • Bucharest Stock Exchange has always searched to identify technological solutions that facilitate investors' and issuers' access to the capital market, and the launch of this platform surely contributes to that goal," said Adrian Tanase, Bucharest Stock Exchange CEO.
  • Bucharest Stock Exchange and Depozitarul Central have maximized the possibilities of the low-code Aurachain platform to develop the Investors Enrollment Platform significantly faster than traditional development methods would have allowed.

ExxonMobil to Sell Romanian Affiliate for More Than $1 Billion

Retrieved on: 
Tuesday, May 3, 2022

ExxonMobil has reached an agreement to sell its Romanian upstream affiliate, ExxonMobil Exploration and Production Romania, to Romgaz for more than $1 billion, subject to Romanian government approvals.

Key Points: 
  • ExxonMobil has reached an agreement to sell its Romanian upstream affiliate, ExxonMobil Exploration and Production Romania, to Romgaz for more than $1 billion, subject to Romanian government approvals.
  • ExxonMobil continues to evaluate our portfolio of opportunities, focusing our investments in advantaged assets with a low cost of supply, said Liam Mallon, president of ExxonMobil Upstream Company.
  • The agreement includes all shares in ExxonMobil Exploration and Production Romania along with interest in the XIX Neptun Block offshore Romania.
  • Employees of the Romanian affiliate will transfer as part of the sale.

Romania's OMV Petrom to Use Honeywell Connected Plant to Improve Reliability of Refinery Operations

Retrieved on: 
Wednesday, May 30, 2018

DES PLAINES, Ill., May 30, 2018 /PRNewswire/ --Honeywell (NYSE: HON) today announced that OMV Petrom S.A. will use Honeywell Connected Plant to provide prescriptive monitoring of its CCR Platforming unit at its Petrobrazi refinery in Ploiesti, Romania.

Key Points: 
  • DES PLAINES, Ill., May 30, 2018 /PRNewswire/ --Honeywell (NYSE: HON) today announced that OMV Petrom S.A. will use Honeywell Connected Plant to provide prescriptive monitoring of its CCR Platforming unit at its Petrobrazi refinery in Ploiesti, Romania.
  • OMV will use the Honeywell Connected Plant's Process Insight Reliability Advisor to continuously feed plant data through Honeywell UOP process and fault models, and to provide key performance information and process recommendations.
  • Honeywell's Reliability Advisor will help the plant run more smoothly and mitigate issues that impact production and plant profitability by detecting and analyzing problems before they occur.
  • Honeywell Connected Plant is a suite of applications that delivers higher levels of safety, reliability, efficiency and profitability.