Updated: Jan 15
Oiltanking pursues a strategy of controlled growth of its tank terminal network through acquisitions, new constructions and upgrades for existing facilities. To support this strategy, Oiltanking planned to use simulation modeling and choose Systems Navigator as its business partner based on many year of experience in the oil and gas industry.
The project is called “Oiltanking Simulation Software” and consisted of a global rollout of a strategic decision support system capable of performing in-depth studies, such as berth occupancy analysis in various terminal configurations and weather patterns. Over 20 terminals are simulated in Argentina, Belgium, Brazil, China, Dubai, India, Indonesia, Malta, The Netherlands, Oman, Panama, Singapore and USA. To maximize the result for Oiltanking, Systems Navigator employees supported simulation workshops and terminal operation analysis to Oiltanking colleagues worldwide.
Global access for Oiltanking analysts
Systems Navigator developed a decision support system for Oiltanking using simulation modeling in combination with Scenario Navigator decision support software. Together they form a powerful combination that is hosted on a central server and can be accessed using an internet login, ensuring maximum flexibility for Oiltanking analysts.
The decision support system is used by Oiltanking to experiment with Oiltanking’s existing terminals, to design new terminals and to optimize terminal infrastructure, amongst others based on the expected throughput of products. This is done for potential expansion projects, greenfield projects and the improvement of current operations. By using simulation modeling Oiltanking is able to include variability, such as weather influences delayed arrivals or terminal operations, changing vessel characteristics, equipment performances or the introduction of new clients at the terminal, mimicking real life and its random occurrences to predict future system performance and to determine how much resource capacities are needed.
Find the press release and more reference projects in our News section.