Information Systems
Optimizing failure data analysis
A critical objective of engineers who design an automatic protection system is to lower the false trip rate and to lower a key metric called average probability of failure on demand (PFDavg).
Innovations
Cowan Dynamics has made advancements to its “C-PAC Module” Pneumatic Manifold and launched the C-PAC store.
Smart manufacturing standardization: Driving global interoperability for enabling factories of the future
Smart manufacturing is a topic that has generated considerable discussions within industry and standards organizations.
Unlock margin by interconnecting refinery optimization silos with closed-loop AI
Refineries and chemical processing plants are complicated to model, control and optimize.
Improve reliability and reduce maintenance with advanced analytics
A common misconception in largescale process manufacturing is that minimizing downtime by increasing reliability is the key to increasing profitability.
Data historian-based machine condition monitoring
Machine condition monitoring has been playing an increasingly important role in industrial asset healthcare for many years.
Implement effective operational discipline programs to improve process safety performance—Part 1
Operational discipline (OD) describes human behavior in complying with required systems, every time, to consistently achieve organizational goals and overall operational excellence.<sup>1,2</sup>
Reduce OPEX and improve sustainability through digital energy optimization strategies
Oil and gas companies are looking for quick ways to reduce OPEX amid the pandemic and oil and gas market crises.
Avoid costly stockouts through inventory sharing
Inventory sharing, per se, is not a new concept; rather, it is a popular practice in the wholesale and distribution business.
Executive Viewpoint: Edge computing in the COVID-19 recovery period
As the COVID-19 pandemic forces businesses to rethink standard operations, many are considering how technologies can help in the upcoming period of recovery.
- Transitional Industries and CFEnergia sign feedstock supply contract for $3.3-B Pacifico Mexinol project 2/17
- Neste and World Fuel Services extend partnership, expanding SAF availability at more than 100 airports in Europe 2/17
- U.S. refined product exports by tanker increase to > 6.3 MMbpd in January 2/17
- Japan's oil and gas independence climbs to highest since 2009 2/17
- Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion 2/17
- Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure 2/17
