Over the past few decades, the world has seen a surge in demand for oil and gas, and global markets have responded to meet these growing energy needs.
Although overall industry growth is not substantial from 2017 to 2018, it translates to $66 MM more in valve shipments for the year, which is a positive sign for the industry.
Unfortunately, nation states appear to be launching cybersecurity attacks on other nation states.
In early June, Hydrocarbon Processing and Eni—an Italian multinational oil and gas company—hosted the annual International Refining and Petrochemical Conference (IRPC) in Milan, Italy.
Hydrocarbon Processing’s Construction Boxscore Database is tracking more than 1,600 projects around the world, representing more than $1.8 T in capital expenditures.
It is never a good sign when a piece of equipment exhibits unsafe behaviors—such as large, unexpected vibrations, or cracks forming around instrument ports—particularly in the thermal reactor of a sulfur plant, where high-temperature gaseous streams chemically react as part of the process that produces elemental sulfur.
The installation and operation of suitable separation and filtration systems have become key components of virtually all process units, especially amine units.
Industrial digitalization is changing the standards for operator training in the global process industry.
Recently, the authors developed a first-pass financial estimate of the savings resulting from the implementation of a cybersecurity program for a 100-Mbpd refinery.
Hydrocarbon Processing Industry (HPI) companies are using digitalization in concert with improved processes and skills to squeeze more productivity from existing assets.