END-TO-END DIGITALISATION AND DECARBONISATION

Diamond Key International shares how its proven solutions can achieve terminal optimisation through a strategic approach traditional oil and gas terminals are facing increasing operational challenges for a number of reasons. Reduced in-house expertise, segmented control systems, legacy infrastructures, more stringent environmental, social and governance (ESG) policies, occupational health and safety (OHS) compliance, to name a few. Not to mention the rapidly changing storage needs due to the energy transition. Diamond Key International looks to help clients reduce operating costs, facilitate more flexible services to unplanned terminal customers, expand the facility with least capital expenditure (capex), and optimise day-to-day operations with improved efficiency. Digital twin modelling The analysis from Digital Twin modelling conducted for an existing terminal in Australia identified a USD $1.25m (€1.14m) saving in capex. Results showed that queuing times would drop by 25% by replacing a proposed capex project of adding a new bay with a smaller, targeted modification to existing infrastructure. The innovative digital solution also delivered the following...