Large capital projects continue to be challenged by budget issues.
We recently corresponded with an engineer-manager who divides his time between managing a highly productive group of product developers and a growing number of callers that are interested in the innovative solutions his company offers.
Readers who have had the misfortune of being drawn into debates over the precise definitions of words or terms might agree that much time can be lost in unproductive squabbling.
The global hydrocarbon processing industry (HPI) continues to expand and modernize to efficiently meet growing demand for energy, transportation fuels and petrochemicals.
Readers who have had the misfortune of being drawn into debates over the precise definitions of words or terms might agree that much time can be lost in unproductive squabbling.
Industry players are focused on upgrading to higher-growth, higher-value chemical products.
Recently, many US refineries have been reconfigured to process heavy opportunistic sour crudes.
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.
The following are eight strategies to help reduce engineering, procurement and construction (EPC) project costs, along with tips to maximize the value of both existing assets and new investments for refiners and producers.