The operational cost structure of oil and gas companies is very capital- and labor-intensive.
Much ink has been spilled over the concept known as the “digital twin.”
After several years of cutting costs to align to the reality of fewer and smaller capital projects, engineering, procurement and construction (EPC) firms are now forging ahead as the industry recovers.
Integration is the new keyword for sustainability and profit in today’s oil and gas market scenario.
Dr. Kheng Lau, BP, presented the keynote address on using high-fidelity simulators for training on day two of Hydrocarbon Processing’s International Refining and Petrochemical Conference (IRPC) Americas.
Hydrocarbon Processing’s Construction Boxscore Database is tracking more than 1,300 active projects in the hydrocarbon processing industries worldwide.
As mentioned in the editorial comment of the October issue of Hydrocarbon Processing, the nominees for the 2018 Top Project awards are out.
Digital transformation in oil and gas: Is the hype justified and is the industry going far enough?
Until a few years ago, the term Industrial Revolution referred to the significant technological changes that began in the late 1700s with the advent of the steam engine, leading to the mechanization of work and the unprecedented economic growth and prosperity that followed.