Bharat Petroleum Corporation (BPCL) has entered into a strategic Memorandum of Understanding (MoU) with Aspen Technology Inc., USA. This partnership aims to integrate Aspen Tech's process simulation solution with BPCL's BPMARRK software, enabling the generation of complete assay data within a fraction of the time it would traditionally take using laboratory methods. Assay, a comprehensive chemical analysis of crude oil, plays a vital role in predicting the volume and quality of refined products resulting from refining processes.
BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.
