Riyadh, Saudi Arabia: March 27, 2024 – Today, GE Vernova announced it will provide its cutting-edge predictive analytics software to National Industrialization Company (TASNEE), a leading Saudi-based petrochemical industrial business. GE Vernova will integrate SmartSignal - a predictive analytics software designed to help prevent equipment downtime by detecting, diagnosing, forecasting, and preventing emerging failures in industrial companies - to its existing Asset Performance Management (APM) program used by TASNEE. This is a significant step forward in TASNEE’s commitment to leveraging innovative software technologies to enhance operational efficiency, reliability, and sustainability across its extensive industrial operations in Saudi Arabia.

GE Vernova's APM suite, which includes its Reliability application, is known for offering advanced capabilities in forecasting asset performance and predicting maintenance needs. TASNEE is the first petrochemical company in the Gulf region to integrate GE Vernova’s SmartSignal into its existing APM workflow. This software integration seeks to empower TASNEE to proactively manage its critical assets, optimize maintenance schedules, and minimize unplanned downtime. By expanding the use of GE Vernova's APM applications, TASNEE aims to drive operational excellence and maximize the lifespan of its assets, contributing to increased overall productivity while addressing sustainability in the petrochemical industry.

"We are thrilled to be part of TASNEE’s journey toward a more digitally resilient future," said Linda Rae, General Manager of GE Vernova’s Power Generation and Oil & Gas software business. "Our predictive analytics solutions are designed to empower organizations like TASNEE with the tools they need to make data-driven decisions, optimize asset performance, and ultimately achieve their business objectives. We look forward to supporting TASNEE in its digital transformative endeavour as one of the first in the industry to use this software.”

The strategic use of GE Vernova’s predictive analytics software exemplifies TASNEE’s commitment to innovation, sustainability, and operational excellence.

"Embracing digital transformation is imperative for our industry's evolution, and our collaboration with GE Vernova signifies a commitment to staying at the forefront of innovation," said Sultan Al Hazmi, Reliability Superintendent at TASNEE. "GE Vernova's predictive analytics software will play a pivotal role in our holistic APM strategy, providing us with actionable insights to enhance asset performance, reduce operational risks, and drive sustainable growth.”

GE Vernova's advanced analytics platform combines data-driven insights with machine learning (ML) algorithms, enabling TASNEE to move from traditional reactive maintenance practices to a more proactive and predictive approach. This transition aligns with TASNEE’s vision of operational excellence and underscores its dedication to delivering advanced products and services to its customers. The use of predictive analytics generates a composable APM solution to support the overall goals of the organization.

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Notes to Editors:

Learn more about GE Vernova’s APM Software

About TASNEE
Established in 1985, as the first Saudi private sector's fully owned joint stock industrial company, with the aim of advancing the economic diversification in Saudi Arabia. Today, as one of the largest industrial and petrochemical companies in Saudi Arabia and one of the largest investors in titanium value chain locally and globally, we are recognized for our wide experience, skills, efficiencies, state-of-the art technologies and innovative solutions that add value to our products and services worldwide. Achievement of our corporate Vision and Mission across these diverse companies will require practices that incorporate three core aspects of sustainability: environmental, health, safety and security, social responsibility and corporate governance.

Abidjan, Cote D’Ivoire: March 26, 2024 – Today, GE Vernova announced that Globeleq’s Azito Energie S.A. (“Azito”), the largest gas power plant in Cote D’Ivoire, will be the first power plant to debut and deploy its carbon emissions management software, CERius™, which is designed to help energy companies progress toward their net-zero goals using data precision and abatement planning capabilities. This announcement comes on the heels of more global regulations around emissions reporting, including the recent rules passed by the U.S. Securities and Exchange Commission (SEC), which seeks to require companies to report emissions for the first time.

CERius™ will use the power of artificial intelligence (AI) and machine learning (ML) to enable organizations to more accurately measure, manage, and operationalize certain insights needed to help companies track their carbon neutral emissions goals. CERius™ is engineered to automate more accurate greenhouse gas (GHG) data collection and suggest recommendations to operationalize carbon reduction efforts by offering scenario analysis, team collaboration, and standardized reporting based on GHG protocols.

“One of the most effective ways to drive emissions reduction in the energy sector is to pursue digital transformation,” said, Linda Rae, General Manager, Power Generation & Oil and Gas, Electrification Software, GE Vernova. “While many energy industrials have been reporting emissions for years, the process is labor intensive, slow to surface insights, and based upon generic formulas. The energy transition demands agility, speed, and accuracy of data collection – CERius™ offers the fidelity of reporting emissions down to a specific asset, which can unleash actionable insights to help improve scope 1, 2, and 3 data accuracy and reporting, in addition to measuring abatement planning strategies,” added Rae.

Azito is a trailblazer in the digital energy space in Africa, serving as an example to other energy producers on the benefits of using digital solutions. By deploying CERius™, Azito will be not just the first company in Africa, but in the world, to access this technology and be able to better manage their emissions data, compliance reporting, and strategic planning, further contributing to their net-zero goals. Implementing cross-functional standards and processes fueled by CERius™ will help position companies to address ever-evolving regulatory compliance. “As we see the rise of environmental reporting across the energy supply chain by regulators, stakeholders, and investors, software will be a game-changer for power utilities, if applied at speed and to scale,” added Rae.

With greater access to emissions data, Azito will be able to make more informed decisions on how to reduce their carbon emissions. Azito already uses GE Vernova’s award winning Asset Performance Management (APM)[1] software’s APM Reliability Plus module, which uses advanced algorithms, AI, and ML to help predict potential failures in the power plants several weeks/days before they occur. Hence, allowing proper planning with the goal to reduce downtime which automatically translates to more productive hours and higher revenues.

Gionata Visconti, Chief Operating Officer of Globeleq, said: “As a Group that has a mixed portfolio of power plants across Africa and is fully committed to the energy transition, it is vital that we are able to monitor and report our emissions from one of our key thermal plants in a timely and accurate manner. At the same time, we can use the information from CERius™ to reduce and abate our emissions. Critically, Azito is an essential part of Cote d’Ivoire’s energy infrastructure, and we will now be able to make important planning decisions with better and more insightful data.”

The Azito power plant generates electricity using natural gas from the country’s offshore gas fields. Located in the village of Azito in the district of Yopougon, approximately 6 km west of Abidjan, the facility uses combined cycle gas turbines that generate 713 MW of electricity. This equates to approximately 30% of the country’s base load generation.

[1] Oil & Gas Awards for “Cross Border Energy Transition and Digital Transformation

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Notes to Editors:

• Learn more about GE Vernova’s CERius™ Software
• Azito and GE Vernova recently received an award from Oil & Gas Awards for “Cross Border Energy Transition and Digital Transformation.

About Azito
Globeleq, which is owned 70% by British International Investment and 30% by Norfund, is the leading developer, owner and operator of electricity generation and energy transition projects in Africa. Since 2002, its experienced team of professionals have built a diverse portfolio of independent power plants, generating 1,794 MW in 17 locations across seven countries, with a further 485 MW in construction and more than 2,000 MW of power projects in development.