Equipment

Project Management: How human intelligence and AI are driving project planning in the oil and gas industry

The science of project planning has something of a tenuous reputation. How often do large oil and gas capital expenditure (CAPEX) projects really come in according to plan? Almost never. Indeed, 30% of respondents to a 2018 PWC survey said they had experienced cost overruns of 10%–50% on their Middle East capital projects.

Digital: How digital tools improve access to device information

Welcome to the future! The plant runs fully automated; robots glide silently back and forth, ensuring an optimized process; and your maintenance technician—with a few keystrokes—can tell you exactly how each piece of equipment is running. The promise of the Industrial Internet of Things (IIoT) has been delivered.

Cybersecurity visibility and resilience: Keys to protecting HSE/margins in operations

As digitalization accelerates in today’s downstream refining and petrochemical facilities, operators need to stay ahead of ever-growing cyber vulnerabilities in the operational technology (OT) layer—prime targets for threat actors—that may not be covered by traditional IT safeguards. Unfortunately, too often, that is not the case for a variety of reasons.

Optimal gas analysis decisions improve ethylene plant operation

One of the most common and important building blocks in the petrochemical industry is ethylene, constituting a huge and fast-growing worldwide industry. Ethylene is an intermediate chemical used to manufacture many commercial products—approximately 200 MMt will be produced in 2020.

Case study: Heat exchanger tube rupture and its impact on metal embrittlement

Process engineers strive to recover as much energy as is practically possible from the available process and utility streams within the constraint of the plant. To achieve this goal, traditional—and sometimes non-traditional—methods are utilized. In a steam cracker, light olefins are considered the highest-value products, and utilizing “cold energy,”

Editorial Comment: Processing a sustainable future

An emerging topic along the entire oil and gas value chain is the move toward <i>sustainability.</i> Each company has a somewhat different definition of what sustainability means to its operations.

Onsite

Innovations

Honeywell is developing a OneWireless™ IoT Module for the next generation of Cisco’s industrial access points, the Cisco Catalyst IW6300 Heavy Duty Series Access Point. The Honeywell and Cisco technologies will form the backbone of Honeywell’s OneWireless Network.

Construction

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.

Business Trends: EPC 2030: Five vital characteristics that will define the EPC firm of tomorrow

The state of the global engineering, procurement and construction (EPC) industry can accurately be described as “challenging.” Operating in an environment of volatile, uncertain, complex and ambiguous conditions, EPC firms are facing unsustainable levels of stress.