Information Systems

How valve upgrades can improve tank and terminal facility operations

Tank and terminal facility profitability ultimately rests on a handful of key performance indicators (KPIs). The ability to maximize tank capacity utilization—while minimizing the time it takes to load and unload ships, trucks and rail cars—drives the bottom line. All those transfers must happen quickly and accurately, while avoiding product contamination.

Hydrocarbon Processing Awards 2020—FINALISTS

This special section details all finalists within each category for the fourth annual HP Awards. The winners will be announced on Oct. 1.

Digital: Five best practices for adopting new digital technologies in the HPI

Harclerode, C., OSIsoft

There is much discussion and information about digital transformation, but many HPI companies are taking a different approach to integrating new digital technologies and to differentiate themselves from their peers, and are seeing truly transformative business results. HPI digital technology leaders reveal the following five best practices.

Editorial Comment: Optimizing operations and recognizing achievements

Nichols, Lee, Hydrocarbon Processing Staff

Over the next two months, Hydrocarbon Processing will host two separate events for a global audience. One will gather the brightest minds in the industry to share the latest innovations and technologies in the industry, while the other will recognize the leaders in advancing the industry toward safer and more reliable, sustainable and profitable operations. Both events—Hydrocarbon Processing’s IRPC and the HP Awards—will be streamed on digital platforms and free to view.

Advanced analytics drive IIoT success

Zinsli, J., Seeq

Refineries and petrochemical plants face similar challenges in daily operations. Each must mitigate risk, anticipate maintenance, optimize operations and minimize expenses. To achieve these goals, plant personnel rely heavily on data to drive decisions.

OT/IT integration for profit-driven operation

Kobayashi, Y., Yokogawa Electric Corp.

Operational technology/information technology integration is required for sharing information among all levels of manufacturing organizations to achieve profit-driven operation, which helps process industry companies implement real-time production performance improvements that are aligned from the management level to the plant floor.

Innovations

Rhodes, Mike, Hydrocarbon Processing Staff

Sphera has released a new Interactive piping and instrumentation diagram (P&ID) solution that helps organizations break down silos between their operations, maintenance and engineering departments while simplifying isolation planning.

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.

Executive Viewpoint: How to develop a successful asset management strategy during the coronavirus downturn

Hess, F. U., T.A. Cook Consultants Inc.

The coronavirus (COVID-19) has disrupted all sectors of the oil and gas industry, including asset management.

Base layer enhancement study for crude oil distillation process

Şanli, H. Ç., Er, B., Tüpraş

Base layer control is one of the most important stages of a process control system hierarchy for refinery applications.