Management
Risk mitigation procedure following criticality assessment and FMEA
In asset performance management (APM), criticality assessment and failure mode and effects analysis (FMEA) are powerful tools that enable the identification of opportunities to minimize asset lifecycle costs during the development of equipment strategies.
Business Trends: Attracting digital talent for petrochemicals: You need a new brand strategy
According to Deloitte, the future success of most chemical companies relies on three areas: growth and innovation, performance and cost optimization, and sustainability and the circular economy.
Executive Viewpoint: It was the best of times
“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness…”. Fortunately, this opening line from A Tale of Two Cities does not often present itself as an appropriate analogy to the oil and gas industry. Yet, here we are.
Engineering Case Histories: Case 112: Remote failure analysis consulting
An article on “Remote training of personnel”1 is interesting and appropriate at this time of COVID-19. It outlines the difficulties in presenting remote training courses and suggests methods that can help.
Executive Viewpoint: Leading in times of uncertainty
I recently gave a presentation at the American Fuel and Petrochemical Manufacturers (AFPM) Women in Industry event, where I spoke to more than 100 attendees on leading during uncertain times.
Reliability: Taking ownership of problems
Taking ownership of issues during a critical or troubling time is just as important as assuming responsibility during times of opportunity and benefit.
Alarm management: A pillar of process safety management
The following describes how an adequate implementation of alarm management is a fundamental part in process safety management (PSM).
Executive Viewpoint: Interconnected neural networks drive breakthrough optimization
We have all learned that technology alone will not improve our operations.
Engineering Case Histories: Case 111: Predict the cause of cracks in gear teeth and time to failure
In the practice of engineering, we sometimes wish for better hindsight or foresight.
Implement effective operational discipline programs to improve process safety performance—Part 2
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>
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
