McMullen, J

AVEVA, Foxboro, Massachusetts

Business Trends: Managing risk and uncertainty: The importance of optimizing your value chain

McMullen, J, AVEVA

No doubt exists that COVID-19 is disrupting the oil and gas industry. Oil prices are falling, demand is down, supply is up, and storage capacity is limited. In these difficult times, the industry must swiftly act to keep business viable to come back strong when conditions improve.

Digital: Cloud-based dynamic simulation models amplify operator training and safety programs

International oil and gas (O&G) and hydrocarbon processing industry (HPI) companies are under great pressure to be profitable.

Strategic Implementation of IIoT in Refineries

The industrial Internet of things (IIoT)—the growing network of devices that connect, communicate, and transfer data between one another—is poised to play a growing role in how refineries operate. Due to the falling cost of connectivity and data storage, processes across the entire Oil & Gas value chain are now able to gather more data from more devices, assets, operations, and processes than ever before.

The spectrum of digital transformation

"It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is most adaptable to change." This quote is often attributed to Charles Darwin, from his book On the Origin of Species. However, my research indicates that it was Louisiana State University professor Leon C. Megginson who used it at a convention of the Southwestern Social Science Association in 1963. In 1964 Megginson published an article in the journal “Petroleum Management.,” which is interesting given what I want to suggest.