Process Optimization
RigNet awarded systems integration contract for downstream facility
HOUSTON — RigNet, Inc. announced that it was awarded a multi-million dollar contract to provide communications infrastructure for a new downstream energy facility in North America.
AI company, Beyond Limits, secures $20 MM investment from BP Ventures
PASADENA, Calif. — Beyond Limits, an artificial intelligence (AI) and cognitive computing company, today announced it has secured $20 MM in Series B funding from BP Ventures, the corporate investment arm of global energy business, BP.
Case study: Improve vacuum tower operation with VFD addition
The bottom pump in crude vacuum units is an area of concern for almost all petroleum oil refineries. The harsh operating parameters in which these pumps operate, including high product temperature and significant vacuum suction pressure, have resulted in frequent vacuum tower upsets and low mean time between failures (MTBF) for vacuum bottom pumps.
Improve H2O measurement in catalytic reformer H2 recycle streams
Catalytic reformer units convert naphtha into high-octane aromatic compounds called reformates, which are used in gasoline blending and formulation. UOP developed the catalytic reforming process and brought the first unit into operation in 1949.
Modified revamp process to reduce energy use in an SDA unit
Solvent deasphalting (SDA) is emerging as a low-cost, bottom-of-the-barrel upgrading process to recover valuable oil from short residue. This oil can either be further processed to make lube-oil-based stocks or cracked in secondary processing units.
Innovations
Siemens has been working closely with the National Cybersecurity Center of Excellence (NCCoE) at the National Institute of Standards and Technology (NIST) on a cyber security project.
Business Trends: The digital frontier and the process industry
Is a digital revolution underway in the process industry? For years, we have been hearing more and more about the Industrial Internet of Things (IIoT), Industry 4.0, Connected xxx (plant, enterprise, field, performance, etc.), smart Clouds, smart devices and so on. These concepts share numerous similarities, usually with a slightly different twist depending on who is promoting or selling them. But is the hype and buzz rapidly spreading to day-to-day applications and implementations? Not quite.
Industry Perspectives: The digitalization of the downstream industry
The digitalization of the hydrocarbon processing industry (HPI) is in full swing. Numerous companies have created, and are optimizing, digital technologies to improve plant operations, increase energy efficiency and lower costs.
Digital: Transitioning from the spreadsheet to the Cloud
The Industrial Internet of Things is expected to create a $225-B market by 2020, opening new opportunities for industrial organizations related to data and asset management.
Use of neural networks for naphtha feed characterization in a cracker plant
Olefins are major building blocks for petrochemicals. Due to their reactivity and versatility, there has been tremendous growth in the demand for olefins, especially for light olefins such as ethylene, propylene, butenes and 1,3-butadiene, etc.
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
