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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.

Onsite

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.

Business Trends: The ins and outs of construction contracts

Industrial construction projects are becoming larger and more complex, with shorter schedules. To meet these challenging requirements, such construction projects are often executed by multiple entities located in different countries that may have different business objectives.

Digital: Better maintenance through better data

When I talk to professionals in the refining and petrochemical businesses, they are always interested in how new technologies can improve operational efficiency, make plants safer and increase profitability.

Executive Viewpoint: Succeeding against cyber attacks

No doubt exists that the added connectivity that modern control and automation systems deliver offers a myriad of benefits. By embedding computing within the process and utilizing edge and cloud technologies, it can provide greater visibility. It creates a digital thread for the plant and allows both equipment and the processes to be analyzed, as well as giving prescriptive advice.

HP Top Project Awards

The editors of <i>Hydrocarbon Processing</i> have identified nine projects that are anticipated to significantly impact the global or regional downstream industries. The winners and nominees of the HP Top Project awards will have a considerable impact on the HPI, whether through CAPEX, satisfying domestic or regional demand, diversifying product offerings, or adding to the resurgence in refining and/or petrochemical processing capacity.

How changes to functional safety standards can optimize fire and gas detection

ANSI/ISA-84 is one of the most influential standards in functional safety and has been a driver for instrumented process safety improvements over the last 20 yr. It is a comprehensive norm covering a wide range of aspects related to functional safety in process industries, including the entire life cycle of designing, implementing and operating safety systems.

Surviving turbulent times requires deep management changes

The Stone Age did not end due to a stone shortage. The Conventional Oil Age was not eclipsed by vanishing traditional oil and gas resources. The Shale Revolution unleashed an era of abundant, new unconventional oil and gas supplies.

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.