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TMCNet:  GOSP Simulation Training Tool from GSE Systems Prepares Operators to Manage Critical Petroleum Process

[October 15, 2013]

GOSP Simulation Training Tool from GSE Systems Prepares Operators to Manage Critical Petroleum Process

SYKESVILLE, Md. --(Business Wire)--

According to the latest estimates, the global petrochemical industry is valued at US$472.06 billion, most of which is dependent on gas and oil from underground reservoirs. But the industry does not use crude directly from the well. The crude is first processed at a Gas Oil Separation Plant, which receives the mixture of gas, raw crude and water that comes out of the ground.

Many oil companies rely on on-the-job training to prepare their Gas Oil Separation Process (GOSP) operators - mostly because the previously available training tools have been insufficient or expensive. But this is a risky strategy for the first link in the petrochemical production chain that connects an oil well to all its downstream users.

Global energy service solutions provider GSE Systems, Inc. (NYSE MKT:GVP) has introduced two new EnVision training products: A GOSP dynamic simulation and an in-depth GOSP tutorial. Suitable for onshore and offshore oil recovery, GSE's cost-effective GOSP training products allow oil companies to prepare new operators and to provide refresher training for experienced workers without risk of disrupting production or damaging equipment. GSE provides one of the most comprehensive GOSP simulations available, covering the wellhead, test and production separators, a coalescer, multi-stage gas compression, conditioning equipment (amine absorber and glycol dehydration package), a pipeline compressor.

The simulation is operated using intuitive, DCS-like graphics, instrumentation and trends. Instructors can create a large number of malfunction scenarios to test the operator's ability to react to adverse conditions. The instructor can also change boundary conditions, such as raw feed stream composition (acid gas content, water/oil ratio, gas/oil ratio) and cooling water temperature to ensure the operator understands cause and effect relationships.

Trainees respond to instructor actions by making adjustents to ensure quality and throughput, while the simulation provides real-time, dynamic feedback on all operator actions. Trainees keep track of oil and gas characteristics including hydrocarbon dew point, water dew point, H2S and CO2 content, oil RVP, and water-in-oil, to keep gas and oil products on-spec. Students can also practice infrequent operations such as start-up, shut down and periodic checks on well output.

"Used together, the simulation and tutorial products represent one of the most complete and affordable GOSP training systems available today and it can significantly reduce training time," said Bob Hebert, Product Manager at GSE Systems. "These tools help oil companies ensure that operators on oil platforms and in the field are competent. Because GOSP units are located right after the wellhead, they are critical to everything that follows. An upset can have a huge ripple effect, impacting the bottom line everywhere downstream. By investing in training, oil companies are protecting their long-term profitability."

For more information on GSE's simulation tool, go to www.gses.com/EnVision-GOSP

About GSE Systems Inc.

GSE Systems Inc. provides a wide range of simulation and training solutions to the global energy (nuclear and non-nuclear) industry and is the world leader in nuclear simulation. The company has over four decades of experience, more than 1,100 installations, and hundreds of customers in over 50 countries spanning the globe. Their software, hardware and integrated training solutions leverage proven technologies to deliver real-world business advantages to the energy, process, manufacturing and government sectors worldwide. GSE Systems is headquartered in Sykesville (Baltimore), Maryland, with offices in St. Marys, Georgia; Madison, New Jersey; Cary, North Carolina; Chennai, India; Nyk�ping, Sweden; Stockton-on-Tees, UK; Glasgow, UK; and Beijing, China. Information about GSE Systems is available via the Internet at www.gses.com.

Forward-Looking Statements

We make statements in this press release that are considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. These statements reflect our current expectations concerning future events and results. We use words such as "expect," "intend," "believe," "may," "will," "should," "could," "anticipates," and similar expressions to identify forward-looking statements, but their absence does not mean a statement is not forward-looking. These statements are not guarantees of our future performance and are subject to risks, uncertainties, and other important factors that could cause our actual performance or achievements to be materially different from those we project. For a full discussion of these risks, uncertainties, and factors, we encourage you to read our documents on file with the Securities and Exchange Commission, including those set forth in our periodic reports under the forward-looking statements and risk factors sections. We do not intend to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.


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