Woodside Energy (Woodside) has chosen Opturion to provide solutions for simulation and optimisation to support the strategic development of future hydrogen and ammonia facilities.
The software application can assist in key project-related decisions such as concept development, investment decisions, and power sourcing by simulating the facility’s entire lifecycle.
Managing Director of Opturion, Alan Dormer, said “We are delighted to be chosen by Woodside and anticipate future opportunities as others invest in the new energy economy. Our collaboration with Woodside is in line with our sustainability efforts, as the fuel and resource savings our customers experience directly contribute to reducing CO2 emissions.”
The optimisation technology offered by Opturion is well-suited for assisting with long-term strategic decisions. The physical and financial aspects of these decisions, such as the performance and capacity of the equipment, future input costs, and receipts, necessitate precise and comprehensive consideration.
This technology can be used in a variety of industries, including transportation, logistics, manufacturing, and the supply chain.
The AI-based approach from Opturion outperforms conventional optimisation techniques in terms of scalability, making it possible to resolve large-scale issues in a manageable amount of time.
Woodside has a portfolio of oil and gas resources and is likewise fostering an arrangement of new energy items and lower carbon administrations, including proposed hydrogen and ammonia production facilities, evaluation of carbon capture and capacity open doors and interests in carbon to products advancements.
Advanced optimisation solutions are Opturion’s area of expertise. Utilising state-of-the-art calculations and AI procedures, Opturion handles complex enhancement issues across different businesses.
Businesses can use their advanced products and services to improve efficiency, streamline procedures, meet customer service commitments, and optimise operations. Manufacturing, energy, supply chain, and logistics are just a few of the many industries that Opturion serves with its solutions.