Petrochemicals
Digital: Technologies are advancing industry beyond alarm management
Let’s face it, alarm management is a fully mature body of knowledge. Since the mid-1990s, industry has improved thousands of alarm systems, transforming them from overloaded nuisances to valuable operator tools for abnormal situation detection and response.
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.
People
The Valve Manufacturers Association of America (VMA) has named Heather Rhoderick as President. She will succeed William “Bill” Sandler, who retired this year after a 40-yr tenure with the organization.
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.
Global Project Data
<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking more than 1,430 projects around the world, representing nearly $1.9 T in capital expenditures.
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.
Industry Perspectives: Petrochemicals surge despite possible future roadblocks
Over the past several years, investments in petrochemicals capacity additions have skyrocketed. Hundreds of billions of dollars have and will be invested in additional petrochemicals units and complexes.
FCCU catalyst reformulations: Reducing risk and guaranteeing value with collaboration/testing
Hellenic Petroleum S.A.’s Aspropyrgos refinery is located near Athens, Greece. It has a total refining capacity of approximately 7.5 MMtpy and a Nelson complexity index of 9.7. The refinery was built in 1958 and has undergone several upgrades, including the installation of a fluid catalytic cracking unit (FCCU).
- Valmet to acquire Severn Group to strengthen Process Performance Solutions segment 12/22
- World’s first dynamic green ammonia plant starts operations in Denmark 12/22
- Baker Hughes to supply liquefaction equipment for Commonwealth LNG export project 12/22
- China's November fuel oil imports up 15% from October 12/22
- Azerbaijan sends first gasoline shipment to Armenia after decades of war 12/22
- Ethanol producer Inpasa to invest $630 MM in Brazil biorefinery projects 12/22

