Information Systems
Wood Group extends Librestream collaboration on O&G digital solutions
Wood Group has signed an extension to its collaborative agreement with Canadian technology company Librestream Technologies to continue its exclusive industry partnership, providing advanced digitally-enabled solutions for oil and gas customers.
Honeywell to acquire industrial cyber security software leader Nextnine
MORRIS PLAINS, N.J. — Honeywell announced that it has signed a definitive agreement to purchase Nextnine, a privately held provider of security management solutions and technologies for industrial cyber security.
Innovations
Siemens has been working closely with the National Cybersecurity Center of Excellence (NCCoE) at the National Institute of Standards and Technology (NIST) on a cyber security project.
Business Trends: The digital frontier and the process industry
Is a digital revolution underway in the process industry? For years, we have been hearing more and more about the Industrial Internet of Things (IIoT), Industry 4.0, Connected xxx (plant, enterprise, field, performance, etc.), smart Clouds, smart devices and so on. These concepts share numerous similarities, usually with a slightly different twist depending on who is promoting or selling them. But is the hype and buzz rapidly spreading to day-to-day applications and implementations? Not quite.
Digital: Transitioning from the spreadsheet to the Cloud
The Industrial Internet of Things is expected to create a $225-B market by 2020, opening new opportunities for industrial organizations related to data and asset management.
Use of neural networks for naphtha feed characterization in a cracker plant
Olefins are major building blocks for petrochemicals. Due to their reactivity and versatility, there has been tremendous growth in the demand for olefins, especially for light olefins such as ethylene, propylene, butenes and 1,3-butadiene, etc.
Amec Foster Wheeler signs extension to BP master service agreement
LONDON -- Amec Foster Wheeler’s completions and commissioning company, qedi, has signed an extension of its global Master Service Agreement with BP, which it has successfully delivered since 2012.
Automation Strategies: Adopting the IIoT: How the industry needs to rethink IT and OT relationships
For the connected enterprise, what was once just a futuristic ideal is now becoming a reality. Step by step, organizations are beginning to put together the pieces of the Industrial Internet of Things (IIoT).
Industry Perspectives: Hydrocarbon Processing’s IRPC returns to Europe in June
Founded in 2009, Gulf Publishing Company and Hydrocarbon Processing’s International Refining and Petrochemical Conference (IRPC) provides a series of events for the international downstream industry covering technical innovations, and exploring both the challenges and opportunities found in today’s market.
Deloitte announces cyber risk platform for ICS, OT security
NEW YORK — Deloitte announced plans to expand its cyber risk platform for end-to-end industrial control systems (ICS) and operational technologies (OT) security with next generation technology enabled by Dragos, a cybersecurity company focusing on securing ICS and OT networks.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
