Information Systems
Digital Technology: Cut oil and gas lifecycle costs with intelligent packaged power
Oil and gas companies have realized big cost savings over the years by having suppliers source all elements of the electrical control system in a fully integrated package. However, this methodology fell short of delivering the kind of insights and efficiencies that companies expect and require in oil and gas operations today.
Digitalization: Maximize assets with a digital investment framework for oil and gas
Oil and gas investments are diversifying as the industry leans toward a more digitally conducive environment. Asset analysis was initially evaluated based on an asset’s technical parameters, pricing and operationality. In this new digital world, however, variables such as service quality, innovation, compliance, flexibility and scalability require quantification. Refinery data continues to be critical to evaluate investments, but is often incomplete.
Editorial Comment: Honoring the industry’s best … take 2!
Due to Tropical Storm Imelda, Hydrocarbon Processing issued its first force majeure in postponing the third annual HP Awards.
Improved cooling system performance begins with data
Refineries consume large amounts of energy and water to refine crude oil into products. Up to 10% of crude oil’s energy content is consumed during processing, and it takes 1.5 bbl of water to process one barrel of crude oil. Refining processes also generate large quantities of excess thermal energy that needs to be expelled into the environment using a once-through or recirculating cooling system.
When digital transformation hits all four sustainability buckets
Sustainability is emerging as a critical business topic, as many companies focus resources toward lowering emissions, waste and energy use in their production processes. This important concept can apply broadly to company operations, especially when considering the expansive view of the triple bottom line that measures the impact of company operations on profits, people and the planet.
Accurate prediction of phase equilibrium properties—Part 2
Phase equilibrium properties, such as bubble point, hydrocarbon dewpoint, water dewpoint, phase envelope, two-phase compositions, compressibility factor, hydrate equilibrium properties, etc., for hydrocarbon mixtures have been calculated accurately using the Peng-Robinson cubic equation of state by implementing constant and temperature-dependent binary interaction parameters in the Van der Waals mixing rule.
Hydrocarbon Processing Awards Winners
<i>Hydrocarbon Processing,</i> the downstream processing sector’s leading technical publication, has announced the winners for its third annual awards. The <i>HP</i> Awards celebrate innovative technologies and people that have been instrumental in improving facility operations over the past year.
Pay attention: LockerGoga and Trisis/Triton demand an improved cybersecurity strategy
The need for a solid cybersecurity strategy has been discussed and debated for nearly half a century. However, the basic worm-type attacks first documented in 1972 are still with us today. Why? The reason is because even the most basic measures to protect control systems from these types of attacks are still not systematically employed.
Process engineering, optimization and advanced process control
A recent <i>Hydrocarbon Processing</i> “Industry Perspectives” survey found that process engineering and optimization is the number-one topic that readers want to read about most. Process engineering and optimization rated higher than the next-highest topic (maintenance and reliability) by a factor of 2:1, and higher than every other topic by a factor of at least 4:1. Process control and instrumentation made the top ten list, albeit below process engineering and optimization by a factor of 7:1.
Building industrial networks to serve IIoT and digitalization
Two of the terms growing in popularity over the past few years are “digital native” and “digital immigrant.” Natives are those individuals young enough to have known computers and the internet since childhood. For them, such technologies have always existed. Immigrants, either through age or circumstance, had no exposure until later in life. Hopefully, for them, such technologies are a welcome addition to work and life, but they can remember times when most activities were more manual, local and isolated.
- LanzaJet expands partnership with Microsoft to strengthen the company’s global growth 6/13
- Phelan Green Group's $2.6-B eMethanol project remains on schedule 6/13
- Algeria launches $7-B investment plan to expand hydrocarbon processing 6/13
- AFPM/API: President Trump officially overturns California (U.S.) gas car ban 6/12
- Decision on oil refiner Italiana Petroli's sale expected around end-June 6/12
- EIA: U.S. crude stocks fall, gasoline and distillate inventories rise as refining activity increases 6/12
