AVEVA announced a strategic partnership with Meridian Energy Group to develop a digital twin for the first full-conversion refinery built in the U.S. since 1976, and the first modern "greenfield" advanced technology refinery constructed in the U.S. ever.

AVEVA’s integrated EPC 4.0 solutions to drive digital twin for Meridian's new greenfield refinery

News provided by
Share this article
AVEVA's Integrated EPC 4.0 Solutions to Drive Digital Twin for New Greenfield Refinery
HOUSTON, July 24, 2024 /PRNewswire/ -- AVEVA, a global leader in industrial software driving digital transformation and sustainability, today announced a strategic partnership with Meridian Energy Group Inc. (Meridian) to develop a digital twin for the first full-conversion refinery built in the U.S. since 1976, and the first modern "greenfield" advanced technology refinery constructed in the U.S. ever. This collaboration marks a significant milestone in advancing technological innovation and environmental stewardship in the refining industry. AVEVA, a global leader in industrial software, drives digital transformation for industrial organizations managing complex operational processes. Meridian has selected CONNECT, AVEVA's industrial intelligence platform, and a series of EPC 4.0 solutions to create one unified, data-centric approach for the engineering and project execution of their new Davis Refinery. Meridian's executive team, comprising decades of experience in plant engineering and operations, is the driving force to their adopting innovative technologies that overcome traditional project barriers and disparate systems. With AVEVA's EPC 4.0 solutions, engineering data is no longer siloed, bringing real-time visibility across the engineering and design stage to procurement and construction, improving final handover and time to operational readiness. "I am thrilled about our partnership with Meridian where we see a momentous opportunity to bring our time-tested software solutions to the table," said Rob McGreevy, Chief Product Officer at AVEVA. "This project aims to design one of the world's most advanced and environmentally compliant refineries, and we're committed to not only meeting industry standards but to support the refinery's goal of achieving net-zero emissions." A cloud-hosted, data-centric strategy serves as a unified platform where all engineering disciplines and stakeholders converge. By seamlessly integrating diverse engineering tools, it provides an integrated viewpoint that enhances project efficiency and transparency from start to finish. This collaborative approach not only facilitates early risk identification and proactive mitigation, but also empowers stakeholders with progressive handover capabilities. This enables them to effectively navigate and prevent the typical CapEx pitfalls that traditional operating facilities often face, ultimately optimizing project outcomes and operational success. Mark Fonda, Meridian's Chief Technology Officer, added that "AVEVA has provided an optimum framework to develop our strategic plan for transition of the refining industry to lower carbon intensity utilizing both renewable and traditional feedstocks. This project represents a quantum leap in technology implementation which is only made possible as a greenfield facility with a forward-thinking mindset. Digital technology is the means by which all facets of the project are developed and implemented, creating a collaborative, synergistic environment for all disciplines throughout the entire lifespan of the project." Jay Nocker, Meridian's VP Engineering Services, concluded "AVEVA's digital data management tools will empower Meridian with the ability to work ahead of the typical '30-60-90' engineering information release curve. This enables an early start on set-up and vetting crucial Operations Technology (OT) systems with our strategic partners and take full advantage of the benefits of the unified information architecture and progressive digital asset handover." Meridian is disrupting the longstanding industry with plans to construct multiple smaller, more cost-effective, clean-tech refineries across the country that are permitted under state and local jurisdictional authority. This innovative approach aims to streamline regulatory processes and accelerate the development of more efficient and sustainable refining operations. Meridian is currently in the process of building the Davis Refinery in the Bakken oil field outside of Belfield, North Dakota, next to major trucking and rail corridors. This distributed business model is sleeker, faster and more efficient than the centralized mega-refinery model currently prevalent. The Davis Refinery was permitted as a synthetic minor source by the North Dakota Department of Health – Air Quality (NDDEQ) after an extensive 18-month review in 2018. That Permit to Construct (PTC) validated all the claims previously made by Meridian when the company undertook the challenge to "clean up" the refining industry. In April of this year, Meridian announced an engineering breakthrough in the design and configuration of the Davis Refinery in which greenhouse gas emissions are fully offset by the co-processing of renewable biofeedstock. This results in net-zero Scope 1 and Scope 2 carbon emissions for the facility, the world's first for a crude oil refinery. Meridian is also planning to build additional refineries in Texas and Oklahoma. Meridian Energy Group Inc
Meridian's mission is to provide long-term shareholder value through the development and operation of the cleanest, smartest and most profitable crude oil refineries in the world. The Davis Refinery represents the first of several next-generation refineries, as Meridian will be expanding with development, permitting, and financing its next series of projects in the Permian and in the Cushing, OK area. Meridian has several additional locations under consideration and has the potential to export its proprietary refinery technology and processes to currently operational refineries worldwide. Established in 2013, Meridian has offices in Belfield, North Dakota and Houston, Texas. For more information, visit:  https://meridianenergygroupinc.com . About AVEVA
AVEVA is a global leader in industrial software, sparking ingenuity to drive responsible use of the world's resources. The company's secure industrial cloud platform and applications enable businesses to harness the power of their information and improve collaboration with customers, suppliers, and partners. Over 20,000 enterprises in over 100 countries rely on AVEVA to help them deliver life's essentials: safe and reliable energy, food, medicines, infrastructure and more. By connecting people with trusted information and AI-enriched insights, AVEVA enables teams to engineer efficiently and optimize operations, driving growth and sustainability. Named as one of the world's most innovative companies, AVEVA supports customers with open solutions and the expertise of more than 6,500 employees, 5,000 partners and 5,700 certified developers. The company, which has operations around the globe, is headquartered in Cambridge, UK. Learn more at www.aveva.com . Copyright © 2023 AVEVA Solutions Limited. All rights reserved. AVEVA Solutions Limited is owned by AVEVA Group. AVEVA, the AVEVA logos and AVEVA product names are trademarks or registered trademarks of AVEVA Group or its subsidiaries in the United Kingdom and other countries. Other brands and product- names are the trademarks of their respective companies. SOURCE AVEVA

AVEVA and Meridian Energy Group Inc. Forge Partnership for World's Cleanest and Most Advanced Crude Oil Refineries

Meridian Expects to Complete North Dakota Refinery Construction in Late 2026 -- OPIS
April 17, 2024 at 03:26 pm EDT
Share
Meridian Energy Group's proposed 49,500 b/d Davis refinery in Belfield, N.D., is expected to be completed by late 2026, according to Chief Executive William Prentice. "We are currently targeting mechanical completion in late 2026, but the final schedule will depend upon schedule commitments from major equipment suppliers and module fabricators in [the] upcoming procurement cycle," Prentice told OPIS in an email. In a Tuesday press release, Meridian said its refinery in southeast North Dakota has obtained "all the requisite permits." The company said it has started buying major equipment and plans to resume field construction work this summer. In addition, Meridian said about 4,000 b/d, or up to 20%, of the capacity of the diesel hydrotreater can be allocated to process vegetable oil. The company said that would allow the refinery to satisfy its obligations under the Renewable Fuel Standard program and offset its Scope 1 carbon emissions, those directly emitted by the facility. OPIS reported earlier that construction of the refinery was delayed after environmental groups in 2018 sued North Dakota's environmental regulator over the air permit it granted to Meridian. The groups argued that the refinery, which is designed to run Bakken crude, should be classified as a major source of pollution. Musket in 2021 entered a long-term agreement to handle most of the transportation fuels produced at the Davis facility. At that time, Musket said it expected to move about 8.57 million bbl of diesel and 6.7 million bbl of gasoline annually or about 90% of the refinery's total output. Musket is the supply, trading and logistics affiliate of Love's Travel Stops. Founded in 2013, Meridian has also proposed new refinery projects in other locations, including the Permian Basin of West Texas and Cushing, Okla. This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal. --Reporting by Frank Tang, ftang@opsinet.com; Editing by Jeff Barber, jbarber@opisnet.com
(END) Dow Jones Newswires

Meridian Expects to Complete North Dakota Refinery Construction in Late 2026 -- OPIS

4/17/2024 2:50:00 PM
The Davis Refinery is a fully-permitted 49,500-bpd, innovative, greenfield refinery being built in Belfield, North Dakota (U.S.) will utilize state-of-the-art environmental technology and controls to produce ultra clean transportation fuels for local and regional sales. In developing and permitting the Davis Refinery, Meridian developed substantial intellectual property for small full-conversion refineries that can achieve permitting for air quality purposes as a Synthetic Minor Source, utilizing local crude oil sources to meet the demand for clean fuels which meet all current and foreseen EPA standards. Meridian has been working to complete integrated design of Davis such that the purchase of Davis modules and equipment can proceed. As part of that effort, Meridian has made additional design modifications that are responsive to the evolving marketplace for clean fuels and the energy transition. From the early development of the project, the design for Davis has incorporated vegetable oil co-processing to comply with the EPA’s Renewable Fuels Standard (RFS). As the Renewable Volume Obligation (RVO) under the RFS has increased, Meridian has explored the limits of this process with Meridian’s process licensor, Axens NA, utilizing the Axens Vegan® technology. As Mark Fonda, Meridian’s EVP and Chief Technology Officer explained, “Meridian has now determined that up to 20% (4,000 bpd) of the capacity of the Diesel Hydrotreater can be allocated to process vegetable oil. This allows us to not only meet our RINS credit balance under the RFS, but to also offset our Scope 1 CO2 emissions. This is an important development for the energy industry as it enables the refining industry to accelerate decarbonization and to play an even greater role in the transition to a carbon neutral future.”
Dr. Anand Karre, Meridian’s Environmental Manager, added: “Davis is the first full-conversion refinery ever permitted as a synthetic minor source and the only refinery ever to meet the Class 1 Air Quality standards of the Environmental Protection Agency. The Davis design includes implementation of state-of-the-art, Lowest Achievable Emission Rate (LAER) technology and Best Available Control Technology (BACT). This includes Ultra-low-NOx burners, Selective Catalytic Reduction (SCR), Continuous Emissions Monitoring Systems (CEMS), Enhanced LDAR optical gas imaging (OGI), Cascade Flare System with Vapor Recovery and elimination of Evaporative Circulating Cooling Water using only Fin-Fan Air Coolers.”
William Prentice, Chairman and CEO of Meridian, said, “Even after having obtained all the requisite permits, and after successfully defending those permits, Meridian has continued to improve the design for Davis and further reduce GHG and other emissions. Davis will soon come to fruition as major equipment purchases are initiated and as Meridian resumes field construction activities this summer. Among other things, this latest development also means that the Davis Refinery will become an even larger market for North Dakota’s agricultural products.”
Meridian has issued a white paper on this development which is available on its website at  https://meridianenergygroupinc.com/investors/resources/ .

Meridian Energy Group’s Davis Refinery Project in North Dakota (U.S.) will be the world’s first net-zero carbon refinery

Design of the Davis Refinery has now established GHG emissions from Davis have been reduced      …

Design of the Davis Refinery has now established GHG emissions from Davis have been reduced      …

…
The post Meridian Energy Group Inc. Announces Engineering Breakthrough - The Davis Refinery Project in North Dakota will be the World’s First Net Zero Carbon Refinery appeared first on Oil & Gas 360.

Meridian Energy Group Inc. Announces Engineering Breakthrough -&#xa0;The Davis Refinery Project in North Dakota will be the&#xa0;World’s First Net Zero Carbon Refinery

AVEVA specializes in industrial software, focusing on engineering, operations, and data management within various business sectors. The company provides solutions for engineering design, operations optimization, and data visualization, which aim to support industrial processes and assist in digital transformation. AVEVA's products are used in sectors such as manufacturing, energy, infrastructure, and utilities. AVEVA was formerly known as CADCentre. It was founded in 1967 and is based in Cambridge, United Kingdom. In September 2017, Schneider Electric acquired a majority stake in AVEVA for $710.4M.

AVEVA

`` I am thrilled about our partnership with Meridian Energy Group Inc. where we see a momentous opportunity to bring our time-tested software solutions to the table , '' said Rob McGreevy , Chief Product Officer at AVEVA Group .

Wood specializes in the energy and materials sectors. The company offers services including advising, engineering, project delivery, asset management, decarbonization, and digitalisation for industrial assets. It serves sectors such as oil and gas, chemicals, life sciences, minerals and metals, power, and renewables. It was founded in 1912 and is based in Aberdeen, United Kingdom. In March 2026, Wood was acquired by Sidara at a valuation of $291M.

Wood

Under the agreement , Wood will serve as Operations Readiness and Assurance partner for Meridian Energy Group , Inc. 's 49,500 bpd greenfield Davis Refinery in Belfield , North Dakota .

Home | Announcements |Meridian Energy Group, Inc. Selects Wood as its Operations Readiness and Assurance Partner for the Davis Refinery.
Meridian Energy Group, Inc. Selects Wood as its Operations Readiness and Assurance Partner for the Davis Refinery - Meridian Energy Group Inc

PINKERTON provides security and risk management solutions across various sectors. The company offers services including protection for individuals and assets, corporate investigations, and threat management. PINKERTON serves sectors such as data centers, financial institutions, healthcare, manufacturing, retail, and the energy and technology sectors. It was founded in 1850 and is based in Ann Arbor, Michigan.

Pinkerton

As Meridian Energy Group , Inc. 's main securities partner , Pinkerton will be an integral part of Meridian Energy Group , Inc. 's securities structure , providing centralized leadership throughout its presence .

Home | Press |The Crude Life Interview: Lance Medlin, Meridian Energy Group.
The Crude Life Interview: Lance Medlin, Meridian Energy Group - Meridian Energy Group Inc

Emerson engages as a technology, software, and engineering company that operates in various sectors including industrial and commercial markets. The company provides services and products in automation systems and engineering services. Emerson serves sectors that require technology solutions for automation and safety. Emerson was formerly known as Emerson Electric Manufacturing. It was founded in 1890 and is based in Saint Louis, Missouri.

Emerson

McDermott operates as a provider of engineering and construction solutions for the energy industry. The company offers an approach to harness and transform energy resources into products. McDermott's services span from concept to commissioning, focusing on global energy infrastructure and the energy transition. It was founded in 1923 and is based in Houston, Texas.

McDermott

Meridian Energy Group

Greyrock Energy

Jacobs

Hess

Mobil Oil

Loan

Meridian Energy Group, Inc. develops and operates crude oil refineries. The company operates refining facilities that aim to reduce emissions. Meridian primarily serves the oil and gas industry and focuses on shareholder value and community development. It was founded in 2012 and is based in Belfield, North Dakota.

Date	Round	Amount	Investors	Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.	Revenue	Sources
4/13/2020	Loan	$0.68M	Paycheck Protection Program	$XXM	0 FY undefined
12/16/2019	Unattributed - III	$XXM	Subscribe to see more	$XXM	0 FY undefined	10
6/1/2017	Unattributed - II	$XXM	Subscribe to see more	$XXM	0 FY undefined	10
10/7/2015	Unattributed	$XXM	Subscribe to see more	$XXM	0 FY undefined	10

Date	4/13/2020	12/16/2019	6/1/2017	10/7/2015
Round	Loan	Unattributed - III	Unattributed - II	Unattributed
Amount	$0.68M	$XXM	$XXM	$XXM
Investors	Paycheck Protection Program	Subscribe to see more	Subscribe to see more	Subscribe to see more
Valuation	$XXM	$XXM	$XXM	$XXM
Revenue	0 FY undefined	0 FY undefined	0 FY undefined	0 FY undefined
Sources		10	10	10

First funding	4/13/2020
Last Funding	4/13/2020
Investor	Paycheck Protection Program
Rounds	1 Loan
Board Seats
Type	Government
Location	DC

How VCs Use CB Insights

Professional Services

Platform Overview

Meridian Energy Group

Total Raised

Investors Count

Funding, Valuation & Revenue

Meridian Energy Group Investors