Management
Innovations
In a market with reduced capital investment budgets, revamps and upgrades are becoming increasingly prevalent to extend asset service life.
People
Smaller-scale gas-to-liquids (GTL) specialist Velocys Plc has named David Pummell as chief executive officer (CEO).
Honeywell acquires remaining 30% stake of gas processor UOP Russell
In 2012, Honeywell acquired a 70% stake in the Thomas Russell Co. to form UOP Russell, which became part of Honeywell UOP.
Use discrete event simulation as decision support for storage and shipping—Part 1
Over the past decades, one engineering firm has been using discrete event simulation (DES) to study shipping and storage as an integral part of project execution throughout all phases of a process facility’s design, construction and operations.
Innovations
Pepperl+Fuchs’ VisuNet RM Shell 4.0 remote monitor firmware for industrial thin client work stations offers significant enhancements through an optimized touchscreen user interface, advanced security features, Windows Embedded Standard 7 and plug-and-play startup capabilities.
People
The Society of Petroleum Engineers (SPE) Aberdeen Section board has elected Ian Phillips, chief executive of the Oil and Gas Innovation Centre (OGIC), as its new chairman.
HP Automation Strategies: A portfolio approach to operations IT solutions management
The need for more automated and efficient operations has led end users to accumulate large and increasingly complex collections of operations-related information technology (IT) solutions.
HP Innovations
The FM-approved FireChek thermal shutoff valve with resettable memory shape alloy can now be used to automatically shut down a pneumatic control system when a nearby fire occurs, or when the ambient temperature reaches 135°F, 150°F or 165°F.
HP People
Michael D. Scott has been named an International Society of Automation (ISA) Fellow, a distinguished grade that is granted to ISA senior members in recognition of outstanding achievements in scientific or engineering fields.
Improve plant operations with enterprise technology
In early 2009, the author was asked a rhetorical question by a senior executive with a major international oil company: “How do you run a business when your product unit price rises from $60/bbl to $140/bbl in the space of 14 months, and then drops to $40/bbl in less than six months?”
- Vioneo awards Lummus polypropylene contract for world's first industrial scale fossil-free plastics from green methanol facility 8/19
- Research: Developing an energy-saving, carbon-capturing method for making ethylene glycol 8/19
- Emerson announced the release of its new Rosemount 3144S temperature transmitter 8/19
- Chinese refiners sweep up Russian oil after Indian demand falls 8/19
- Indonesia plans quick-to-build oil refineries for U.S. crude 8/19
- Russia's ultra low-sulfur diesel exports from Primorsk scheduled to rise in August 8/19
