The authors’ companya licensed a two-drum delayed coking technology process unit to Grupa LOTOS in Gdansk, Poland.
Machine condition monitoring has been playing an increasingly important role in industrial asset healthcare for many years.
Oil and gas companies are looking for quick ways to reduce OPEX amid the pandemic and oil and gas market crises.
Inventory sharing, per se, is not a new concept; rather, it is a popular practice in the wholesale and distribution business.
Hydrocarbon Processing spoke with Andrew McCloskey, Chief Technology Officer and Head of R&D at AVEVA, about how digital twins and cloud-based services are used, their benefits and challenges, security issues, etc., as related to the downstream oil and gas, refining and petrochemicals industries.
The COVID-19 pandemic has caused significant, short-term disruption to the chemical industry, potentially leading to long-term impacts.
Data provided by Construction Boxscore.
Hydrocarbon Processing’s Construction Boxscore Database is tracking nearly 1,400 projects around the world. The Asia-Pacific region accounts for 37% of active projects market share, followed by the U.S. (17%) and the Middle East (14%). Approximately 67% of active projects are in preconstruction phases. Projects within the planning/proposed phase represent the largest market share for active projects (37%). More than 40% of projects in the planning/proposed phases are within the Asia-Pacific region.
New project announcements, November 2019–January 2021
Active project market share by activity level
For additional downstream construction project data, visit Construction Boxscore.