ROANOKE, Va., Aug. 9, 2011 /PRNewswire/ -- Meridium Inc., the global leader in asset performance management (APM) software and consulting solutions, today announced that Gladstone Liquefied Natural Gas (GLNG) in Queensland, Australia, has selected Meridium as the platform for its enterprise-wide APM initiative.
The GLNG plant, which began construction earlier this year, is a joint venture between some of the world's largest energy providers: Santos, Australia's largest producer of natural gas to the Australian domestic market; PETRONAS, Malaysia's national oil and gas company and the world's second largest exporter of LNG; French energy major, Total, the world's fifth largest publicly traded integrated international oil and gas company; and KOGAS, the world's largest LNG importer.
GLNG involves exploration and production of coal seam gas, a 420-km gas pipeline from the gas fields to Gladstone, and a gas liquefaction and export facility on Curtis Island. The Meridium software implementation project at GLNG kicked off in May. GLNG has chosen to implement almost the entire suite of Meridium technology including Risk Based Inspection, Reliability Centered Maintenance, and Asset Strategy Management & Implementation.
"GLNG is committed to superior plant availability, reliability, efficiency and safety," says Rob Simpson, GLNG General Manager Upstream Operations. "In choosing Meridium, we're seeking a long term partner to help us deliver these outcomes for the GLNG production team."
Meridium Inc. is the global leader in asset performance management solutions for process, power, mining and discrete manufacturing industries. With Meridium software and services, companies will accelerate profitability through effective asset strategies, thus increasing asset reliability and improving the performance of their production assets. Developing or improving these asset strategies also has a direct, positive impact on operational excellence by reducing financial, health and safety, and production risk; optimizing maintenance costs; ensuring regulatory compliance and decreasing the potential for undesirable incidents. Industry leaders such as Eastman Chemical, Marathon Oil, Anglo Platinum, and Xcel Energy rely on Meridium for enterprise wide asset performance. Meridium is headquartered in Roanoke, VA, USA, with regional offices in Houston, TX, USA; Dubai, UAE; Bangalore, India; Ricasoli, Malta; and Perth, Australia. www.meridium.com
GLNG includes the development of coal seam gas resources in the Bowen and Surat Basins in south-east Queensland (AUS), construction of a 420-kilometre gas transmission pipeline from the gas fields to Gladstone, and two LNG trains with a combined nameplate capacity of 7.8 million tonnes per annum (mtpa) on Curtis Island. GLNG is a joint venture between Santos (30%) and three of the world's largest LNG companies, PETRONAS (27.5%), Total (27.5%) and KOGAS (15%).First LNG exports are expected to commence in 2015. For more information visit www.santos.com.au and www.glng.com.au.
SOURCE Meridium Inc.