Management
Executive Viewpoint: Fuels and petrochemicals will continue to help humanity thrive
A 15-yr rise in U.S. exports of refined products continued in 2019 with the nation exporting more than ever, underscoring the importance of these products to fueling a growing world. In the latter half of the last decade, U.S. petrochemical production capacity increased—with more than $20 B invested in domestic petrochemical projects in the last 2 yr alone—and exports of petrochemicals and petrochemical feedstocks rose, as well.
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.
Project Management: How human intelligence and AI are driving project planning in the oil and gas industry
The science of project planning has something of a tenuous reputation. How often do large oil and gas capital expenditure (CAPEX) projects really come in according to plan? Almost never. Indeed, 30% of respondents to a 2018 PWC survey said they had experienced cost overruns of 10%–50% on their Middle East capital projects.
Digital: How digital tools improve access to device information
Welcome to the future! The plant runs fully automated; robots glide silently back and forth, ensuring an optimized process; and your maintenance technician—with a few keystrokes—can tell you exactly how each piece of equipment is running. The promise of the Industrial Internet of Things (IIoT) has been delivered.
Cybersecurity visibility and resilience: Keys to protecting HSE/margins in operations
As digitalization accelerates in today’s downstream refining and petrochemical facilities, operators need to stay ahead of ever-growing cyber vulnerabilities in the operational technology (OT) layer—prime targets for threat actors—that may not be covered by traditional IT safeguards. Unfortunately, too often, that is not the case for a variety of reasons.
APC maintenance scheduling—Part 1
Advanced process control (APC) projects are supervisory programs that are often thought of as a layer of control above the base regulatory control for a process. The benefits of APC include increased throughput, reduced variation, constraint avoidance, etc., and can be combined to represent a daily economic-equivalent benefit for the application—the same anticipated benefit that led to the justification of the APC installation. Several articles report that after 18 mos–24 mos, more than half of APC installations are performing at either pre-installation levels or have been removed.1,2,3 Although diverse reasons exist for the performance shortfall, a primary reason is that the process characteristics drift from those that generated the controller model.
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.
Reliability: Things rarely heard at reliability conferences
We can only guess how many reliability conferences we have attended since accepting job offers in the refining or chemical processing industries. In my case, starting in 1965, it is somewhere between 60 and 80. If, in each of these conferences I listened to six presentations, the number of sessions attended is perhaps 400.
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.
People
The Valve Manufacturers Association of America (VMA) has named Heather Rhoderick as President. She will succeed William “Bill” Sandler, who retired this year after a 40-yr tenure with the organization.
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- India's BPCL buys first Argentinian crude oil cargo for Feb. delivery 12/20
- Sinopec's Zhenhai oil refinery expands capacity to 40 MMtpy 12/20
