Petrochemicals

Roundtable: The skills gap: How to bridge it and how to close it

The skills gap is not a new phenomenon for the oil and gas sector. An aging workforce and increased competition for tomorrow’s technical talent have left the industry nervous about its future. On the heels of the 2019 Global Energy Talent Index (GETI), a panel of experts came together to discuss the sector’s ongoing struggle with the skills gap and what oil and gas/energy companies can do about it.

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.