Refining
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.
Reliability: Improve condition monitoring with shock pulse technology
Shock pulse technology is generally well known to vibration analysts and reliability technicians. A handheld combination of sensor and display meter would typically be used to detect discontinuities in bearings and would respond to the impact of two masses. The resulting shockwaves will create a shock pulse of a certain magnitude that commonly manifests itself at a particular repeat frequency. The respective magnitude of relevant excursions and their trends can be observed by the person entrusted with the monitoring task.
Construction
Total plans to take a final investment decision (FID) on the Nigeria LNG expansion project by the end of this year. If greenlighted, the 7-MMtpy LNG train would increase the Bonny Island LNG terminal’s capacity to nearly 30 MMtpy. If built, Train 7 is expected to be operational by 2023.
Industry Perspectives: There’s still time to vote for the best!
The nominees for the 2019 Top Project awards are out. Using <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, the editors have identified nine projects that are anticipated to significantly impact the global or regional downstream industries.
Editorial Comment: Honoring the industry’s best … take 2!
Due to Tropical Storm Imelda, Hydrocarbon Processing issued its first force majeure in postponing the third annual HP Awards.
Sustainability and the water management company’s role
Water is key to the hydrocarbon processing and chemical processing industries. Yet, it is not an infinite resource, which creates operational, financial and regulatory risks. The true cost of water can include insurance and litigation costs and disposal costs, plus the capital expenditures (CAPEX) and operating expenses (OPEX) of water infrastructure.
Using ball valves in high-temperature applications
Ball valves are often an economical solution for controlling flows in refinery high-temperature applications, but their application can be complex, particularly in high-temperature uses.
Improved cooling system performance begins with data
Refineries consume large amounts of energy and water to refine crude oil into products. Up to 10% of crude oil’s energy content is consumed during processing, and it takes 1.5 bbl of water to process one barrel of crude oil. Refining processes also generate large quantities of excess thermal energy that needs to be expelled into the environment using a once-through or recirculating cooling system.
Use submerged combustion systems to efficiently destroy hazardous plant waste
In the production of clean fuels, plastics and other hydrocarbon-based products, refineries and petrochemical facilities generate unwanted (waste) byproducts. Having no market value, the undesired byproducts must be recycled, minimized or eliminated. Depending on the feedstocks, end products and reactant materials, the unwanted materials can be gases, liquids or multiphase materials.
When digital transformation hits all four sustainability buckets
Sustainability is emerging as a critical business topic, as many companies focus resources toward lowering emissions, waste and energy use in their production processes. This important concept can apply broadly to company operations, especially when considering the expansive view of the triple bottom line that measures the impact of company operations on profits, people and the planet.
- Borouge reaffirms commitment to local manufacturing with new industry supply agreements 1/10
- Update: Turkey's Izmir refinery now expects to restart crude unit in Feb, IIR says 1/10
- Pertamina unit to produce ISCC-certified SAF in 1Q 1/10
- WTO panel largely backs EU in palm oil case against Indonesia 1/10
- Howard Energy Partners acquires ethylene pipeline from EPIC Midstream Holdings 1/10
- U.S. to impose further sanctions on Russian oil fleet and traders 1/10
