Significant change is coming to the hydrocarbons industry. Up to 43% of the global conventional polymer production expected by 2040 may disappear due to circular economy (CE) initiatives. In addition, due to the growth in wind turbines and solar panels, and in lightweight composite materials in cars and planes, advanced materials waste is just beginning.

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.

Process engineers strive to recover as much energy as is practically possible from the available process and utility streams within the constraint of the plant. To achieve this goal, traditional—and sometimes non-traditional—methods are utilized. In a steam cracker, light olefins are considered the highest-value products, and utilizing “cold energy,”

An emerging topic along the entire oil and gas value chain is the move toward sustainability. Each company has a somewhat different definition of what sustainability means to its operations.

The state of the global engineering, procurement and construction (EPC) industry can accurately be described as “challenging.” Operating in an environment of volatile, uncertain, complex and ambiguous conditions, EPC firms are facing unsustainable levels of stress.