Gas Processing/LNG
Viewpoint: How digital transformation impacts daily manufacturing operations
With the ever-increasing speed of technology innovation around the Industrial Internet of Things (IIoT) and cloud offerings, industrial manufacturers are evaluating how these new solutions can impact their daily operations. Specifically, they are looking at how these innovations enable real-time, actionable insights across processes, assets and the workforce. These insights allow for quicker and more informed decisions, thereby driving efficiency and profitability.
Brazilian developments in the biofuels market
Since the 1970s, Brazil has been a world reference in automotive biofuels, especially bioethanol produced from sugarcane. In 1973, the Organization of the Petroleum Exporting Countries (OPEC) forced a sharp rise in oil prices, triggering a massive slowdown in the country’s economic growth, which had been going through what was dubbed the “economic miracle,” with growth at an average of 12% of GDP. This study gives an overview of the biofuel sector in Brazil, along with the main business challenges and opportunities in this area.
Roundtable: The skills gap: How to bridge it and how to close it
The skills gap is not a new phenomenon for the oil and gas sector. An aging workforce and increased competition for tomorrow’s technical talent have left the industry nervous about its future. On the heels of the 2019 Global Energy Talent Index (GETI), a panel of experts came together to discuss the sector’s ongoing struggle with the skills gap and what oil and gas/energy companies can do about it.
Editorial Comment: Processing a sustainable future
An emerging topic along the entire oil and gas value chain is the move toward <i>sustainability.</i> Each company has a somewhat different definition of what sustainability means to its operations.
Onsite
Construction
Equatorial Guinea plans to invest $1 B to build several energy projects, including the construction of two new refineries, each with a capacity of 30,000 bpd–40,000 bpd, as well as oil storage facilities, a methanol-to-gasoline plant and an LNG expansion project.
Global Project Data
<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking more than 1,430 projects around the world, representing nearly $1.9 T in capital expenditures.
Business Trends: The ins and outs of construction contracts
Industrial construction projects are becoming larger and more complex, with shorter schedules. To meet these challenging requirements, such construction projects are often executed by multiple entities located in different countries that may have different business objectives.
How changes to functional safety standards can optimize fire and gas detection
ANSI/ISA-84 is one of the most influential standards in functional safety and has been a driver for instrumented process safety improvements over the last 20 yr. It is a comprehensive norm covering a wide range of aspects related to functional safety in process industries, including the entire life cycle of designing, implementing and operating safety systems.
Digitalization: Maximize assets with a digital investment framework for oil and gas
Oil and gas investments are diversifying as the industry leans toward a more digitally conducive environment. Asset analysis was initially evaluated based on an asset’s technical parameters, pricing and operationality. In this new digital world, however, variables such as service quality, innovation, compliance, flexibility and scalability require quantification. Refinery data continues to be critical to evaluate investments, but is often incomplete.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21