As a rule, equipment to be installed at a plant site initially arrives at an outdoor storage yard.
According to Gulf Energy Information’s Global Energy Infrastructure database, new project announcements have decreased by approximately 6% year-over-year.
In the wake of an extraordinary year marred by the impact of the COVID-19 pandemic, the author’s company released the results of its 2021 Operational Risk Management Survey1 of executives, a barometer of the topics that dominate boardroom discussions around the world.
Each year, the editors of Hydrocarbon Processing provide the latest trends and spending forecast for the hydrocarbon processing industry (HPI).
The risks associated with the malfunction or blockage of pressure safety valves (PSVs) are significant, and operating facilities invest heavily in preventive maintenance (PM) programs to mitigate the risks and ensure that PSVs are functioning exactly as per design requirements.
Going back to the earliest days of the industry, oil refiners have found that breaking down crude oil into marketable fractions does not always result in high volumes of the most profitable products.
When you boil down the mission of reliability to its bare essence, the job is to deliver maximum operational availability for the least amount of money over the lifecycle of the asset.
Due to their high momentum and erosive nature, sustained jet fires are one of the most hazardous types of fires that can threaten the integrity of process facilities.
Details on high-impact refining and petrochemical projects, as chosen by HP editors and readers
Petrochemical plants and refineries face production and profitability challenges on multiple fronts.