Bechtel Selects SimSci-Esscor's Integrated Process Engineering Platform, Simulation and Optimization Solutions for Projects Worldwide.LAKE FOREST, Calif. -- Full Suite of Solutions to Address Front-End Process Engineering Design Needs SimSci-Esscor (UIR UIR Upper Flight Information Region UIR Unusual Incident Report UIR User Interface Requirement UIR Wire Connector (used on drawings, etc.; phonetically, UIR sounds like 'wire') UIR Uniform Impedance Resonator UIR User Incident Report :JXT JXT Java Xml Toolbox 7272), a unit of Invensys Process Systems, today announced it has renewed and expanded its licensing agreement with Bechtel which provides a full suite of simulation, modeling and optimization solutions. Bechtel, one of the world's premier engineering, construction, and project management companies, will also license the rights to SimSci-Esscor's Comos FEED integrated platform to specifically address front-end engineering design (FEED) requirements. The multi-million dollar contract marks Bechtel's first implementation of the Comos FEED platform, which SimSci-Esscor launched in July 2004. Under terms of the agreement, Bechtel will renew its existing software contract for an extended term and will license the rights to additional software solutions. The new agreement, which augments a long-term collaborative relationship between the two companies, provides Bechtel with additional flexibility and added efficiency as it can use a comprehensive variety of SimSci-Esscor solutions to meet its engineering needs. "The addition of Comos FEED to SimSci-Esscor's full suite of products enables Bechtel to significantly increase engineering productivity and benefit from the use of simulation technology," said Alastair Fraser, vice president of SimSci-Esscor's simulation business line. "The new agreement enables Bechtel's engineers to select, in real-time, the products that provide the most value for the project that they are completing. Bechtel now has a considerable variety of SimSci-Esscor's software that can be used immediately as needed as needed prn. See prn order. and exchanged at any time for a different solution." In addition to the Comos FEED platform, Bechtel will have access to SimSci-Esscor's Dynsim dynamic simulator (1) Software that enables the execution of an application written for a different computer environment. Same as emulator. (2) Software that models the interactions of hypothetical or real-world objects or business processes. and Pipephase oil and gas production network simulator A network simulator is a piece of software that predicts the behavior of a network, without an actual network being present. Uses of network simulators Network simulators serve a variety of needs. . Bechtel plans to continue to use all products in SimSci-Esscor's Process Engineering Suite, software solutions that improve engineering productivity and increase plant profitability through process engineering design and operational analysis. "Our objective with this contract is to optimize the value received from the capital that the company has previously invested in Invensys products," said Joe Keel keel 1. the ventrally directed large surface of the bird's sternum, the site of attachment of the major muscles of flight. Called also carina. 2. the prominent area over the sternum in Dachshunds. , chief of process engineering at Bechtel. "We want to promote the value and utility of other products and services in the Invensys portfolio across the organization. The Comos FEED solution is a clear example of this increased usage for Bechtel." The Comos FEED platform is the result of a joint alliance between SimSci-Esscor and Innotec GmbH, a software development firm specializing in process-oriented plant construction, operation and maintenance. The platform enables data, document and knowledge management as well as integration of process-engineering activities by interfacing with commonly used process-engineering applications. The solution's seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. with SimSci-Esscor's PRO/II process simulation software Simulation software is based on the process of imitating a real phenomenon with a set of mathematical formulas. It is, essentially, a program that allows the user to observe an operation through simulation without actually running the program. , allows import of simulation data during scope and conceptual development as well as throughout the preliminary engineering phases of a project. The system provides multi-discipline engineers with a concurrent, distributed and collaborative environment in which to manipulate or augment simulation data. It also manages non-simulation data for defining process flow and equipment specifications. About Bechtel Based in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden and established in 1898, Bechtel is one of the world's premier engineering, construction, and project management companies. More than 40,000 Bechtel employees are teamed with customers, partners, and suppliers on hundreds of projects in dozens of countries. For more information, visit the Bechtel Web site at www.bechtel.com. About SimSci-Esscor SimSci-Esscor, an operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon of Invensys plc, is a leader in the development and deployment of industrial process simulation software and systems for a variety of industries, including oil and gas production, petroleum refining, petrochemical petrochemical, any one of a large group of chemicals derived from a component of petroleum or natural gas. The cracking processes for manufacturing gasoline produce vast quantities of gaseous hydrocarbons. and chemical manufacturing, electrical power generation, mining, pulp and paper, and engineering and construction. SimSci-Esscor solutions enable clients to minimize capital requirements Capital requirements Financing required for the operation of a business, composed of long-term and working capital plus fixed assets. , optimize facility performance, and maximize returns on investments in producing assets. SimSci-Esscor supports more than 750 client companies in more than 70 countries. For more information, visit the SimSci-Esscor Web site at www.simsci-esscor.com. About Invensys Process Systems Invensys Process Systems, a business unit of Invensys plc, provides products, services and solutions for the automation and optimization of industrial process plants. Invensys Process Systems includes industry-leading brands such as Foxboro, Triconex, SimSci-Esscor, Wonderware and Avantis, whose products are installed in more than 100,000 plants across the world. These range from small hybrid and batch plants to the world's largest refineries, gas plants, petrochemicals plants, power plants, and pulp and paper mills. The Invensys Group (www.invensys.com) has headquarters in the United Kingdom and is listed on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. . With 35,000 employees operating in 60 countries, Invensys helps customers to improve their performance and profitability, building value for end users and shareholders alike. Note to Editors: Avantis, Foxboro, I/A I/A Interactive I/A Instrument Air I/A Innovative/Alternative (Technology) Series, InTouch, SimSci-Esscor, Dynsim, PRO/II, Triconex and Wonderware are trademarks of Invensys plc, its subsidiaries, or affiliates. All other trademarks are trademarks of their respective owners. |
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