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.
Equatorial Guinea plans to invest $1 B to build several energy projects, including the construction of two new refineries, each with a capacity of 30,000 bpd–40,000 bpd, as well as oil storage facilities, a methanol-to-gasoline plant and an LNG expansion project.
Hydrocarbon Processing’s Construction Boxscore Database is tracking more than 1,430 projects around the world, representing nearly $1.9 T in capital expenditures.
Industrial construction projects are becoming larger and more complex, with shorter schedules. To meet these challenging requirements, such construction projects are often executed by multiple entities located in different countries that may have different business objectives.
ANSI/ISA-84 is one of the most influential standards in functional safety and has been a driver for instrumented process safety improvements over the last 20 yr. It is a comprehensive norm covering a wide range of aspects related to functional safety in process industries, including the entire life cycle of designing, implementing and operating safety systems.
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.
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.
Due to Tropical Storm Imelda, Hydrocarbon Processing issued its first force majeure in postponing the third annual HP Awards.
Hydrocarbon Processing, the downstream processing sector’s leading technical publication, has announced the winners for its third annual awards. The HP Awards celebrate innovative technologies and people that have been instrumental in improving facility operations over the past year.