CIMdata PLM Industry Summary Online Archive
30 June 2004
Implementation Investments
MSC.Software Partners With PETRONAS Research & Scientific Services Sdn Bhd (PRSS) To Improve Virtual Product Development
MSC.Software Corp. ( http://www.mscsoftware.com/ ) announced that PETRONAS Research and & Scientific Services Sdn Bhd (PRSS), which is the research arm and technology provider within the PETRONAS (Petroliam Nasional Bhd) group of companies, has purchased the MSC.MasterKey Licensing System. The decision to adopt the MSC.MasterKey System was based upon the work of a group of composite engineers who have been extensively using MSC.Software products for analysis of composite components and structures such as storage tanks, pipelines, and automotive engine components. The MSC.MasterKey Licensing System gives engineers at PETRONAS the ability to take advantage of the breadth and depth of MSC.Software's portfolio of simulation tools within a flexible licensing system, allowing them to use whatever MSC.Software simulation tools they need, wherever and whenever they need them.
"The petroleum and energy industries have very strict engineering requirements, including stress and fatigue-life testing, that can only be met through the use of virtual product development tools," said Frank Perna, Chairman and CEO of MSC.Software. "The MasterKey Licensing System is an excellent way for large R&D organizations like PRSS to derive process efficiencies from a common set of tools and processes. We look forward to continuing our strong partnership with PETRONAS engineers in Asia and around the world."
"We have selected the MasterKey concept for our virtual product development and assessment due to it flexibility and cost effectiveness. The MasterKey enables us to use a suite of compatible simulation tools anywhere within the Asia-Pacific region, and beyond if necessary, thus providing us the flexibility to simultaneously use a number of packages for projects conducted at more than one site," said Dr. K.H. Leong, who leads the composite activities at PRSS."
"As PRSS strives to be a more efficient R&D organization, the MasterKey licensing system helps us stay at the cutting edge of technology through the delivery of a comprehensive set of simulation tools at a competitive price," said Nordin Nor, Managing Director and CEO of PRSS.
PETRONAS Research & Scientific Services (PRSS) Sdn Bhd is a PETRONAS subsidiary that undertakes much of the Group's research and development activities. PRSS integrates technology development programs by carrying out business-driven R&D projects as well as providing value-added technical consultancy and laboratory services. PRSS aspires to be a high-performance R&D organization and is committed to providing quality research and technical services for the PETRONAS Group as well as other petroleum-related companies locally and globally. PRSS conducts programs and provides services in the areas of exploration and production, refining, gas and petrochemicals, product development, materials and corrosion, environmental management, digital information services, scientific services, laboratory services and petroleum products. For additional information about PRSS, please visit http://www.prss.com.my/
PETRONAS, short for Petroliam Nasional Bhd, is Malaysia's national oil company (NOC) established in 1974. As at end of March 2003, the PETRONAS Group comprised 82 wholly owned subsidiaries, 24 partly-owned outfits and 47 associated companies. With a workforce of more than 25,000 the Group is engaged in a wide spectrum of petroleum activities, including upstream exploration and production of oil and gas to downstream oil refining; marketing and distribution of petroleum products; trading; gas processing and liquefaction; gas transmission pipeline network operations; marketing of liquefied natural gas; petrochemical manufacturing and marketing; shipping; automotive engineering; and property investment. For additional information about PETRONAS, please visit http://www.petronas.com.my/
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