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KBC Signs Agreement to Sell & Use Flare Smulation Modelling Technology

Source: www.gulfoilandgas.com 2/19/2014, Location: Europe

KBC Advanced Technologies plc, a leading provider of consulting and software solutions to the hydrocarbon processing industry, is pleased to announce that it has signed an agreement with Flaretot Limited ("Flaretot") to promote and distribute Flaretot's software suite that analyses the flare relief systems in process facilities such as offshore platforms and refineries to ensure the safe handling of hydrocarbon fluids in an upset condition. This agreement allows KBC to offer Flaretot's software bundled with Petro-SIMô 5 as a KBC supported solution to both existing and new clients.

KBC can offer this technology for upstream oil and gas, downstream refining and petrochemicals for all flare systems design and operations to meet government pressure system regulations compliance. Flaretot's technology, when integrated with KBC's complete suite of life-of-facility and plant-wide process simulation technology, enables KBC to offer a full range of modelling solutions for all hydrocarbon processing plants, supported by KBC's consulting skills, to provide clients with the insight they need for sustained business performance and safe operation.

The combination of Flaretot's technology with KBC's sales and support channels will expand the market for Flaretot's technology and opens up a wider market for KBC's Petro?SIM 5 process simulation suite. The combination of the two technologies offers significantly enhanced value as an integrated approach to design and operation of flare systems, bringing both the facility throughput and its safe operating limits together into a sharp focus.

Ian Godden, Chairman of KBC, commented: "This partnership agreement broadens our product and service offering for the delivery of high quality safety and profit improvement services to the oil and gas industry. The combined software suite enables KBC's expert safety services to be standardised to this new platform. Planned integration of Flaretot's technology and Petro-SIM 5 will provide a future one-stop solution for all plant and flare analysis with key differentiators not previously seen in our industry."

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