Nichols, Lee

Hydrocarbon Processing Staff, Houston, Texas

Industry Perspectives: Will capital investments increase in 2021 and beyond?

Nichols, Lee, Hydrocarbon Processing Staff

Over the past several years, the world witnessed a significant increase in downstream capacity growth in all sectors of the hydrocarbon processing industry (HPI). However, the COVID-19 pandemic caused a significant decline in demand for transportation fuels and certain petrochemical value chains.

Editorial Comment: Maintenance and reliability—A cornerstone of safe and efficient plant operation

Nichols, Lee, Hydrocarbon Processing Staff

Refineries and petrochemical plants are comprised of a series of crucial processes to produce transportation fuels, products and chemicals demanded by the global market. These processes consist of capital-intensive units that must be maintained to provide reliable performance. Failure to adequately maintain these assets can have a detrimental effect to not only operations and profit, but also to worker safety.

Editorial Comment

Nichols, Lee, Hydrocarbon Processing Staff

Over the past several decades, the hydrocarbon processing industry has invested heavily in new processing units to produce low-sulfur and ultra-low-sulfur (ULS) transportation fuels.

Global Project Data

Nichols, Lee, Hydrocarbon Processing Staff

According to Gulf Energy Information’s Global Energy Infrastructure database, new capital project investments have increased each month since November 2020.

Construction

Nichols, Lee, Hydrocarbon Processing Staff

Sprea Misr has awarded Nuberg EPC an engineering, procurement and construction (EPC) contract for a 500-tpd sulfuric acid plant in Ramadan City, Egypt.

Industry Perspectives

Nichols, Lee, Hydrocarbon Processing Staff

In the second half of 2021, Hydrocarbon Processing is hosting two events to showcase the leading technologies and people in the refining, petrochemicals and gas processing/LNG industries: The International Refining and Petrochemical Conference (IRPC) and the HP Awards. A “call for abstracts” has opened for both events.

Optimizing EPC delivery for the future

Although engineering, procurement and construction (EPC) contracts are the most common form of contracting, they also experience a higher rate of delay and disruption issues. However, using dispute causation research and analysis can help refine and improve the execution of oil and gas and energy projects.

Global Project Data

Nichols, Lee, Hydrocarbon Processing Staff

After a tumultuous year, many active capital projects have been deferred, delayed or even abandoned.

Industry Perspectives

Nichols, Lee, Hydrocarbon Processing Staff

The hydrocarbon processing industry (HPI) is steadily advancing through the energy transition.

Editorial Comment: Petrochemicals: Changing technologies and configurations to satisfy future demand

Nichols, Lee, Hydrocarbon Processing Staff

For nearly a decade, capital investments in new petrochemical capacity have skyrocketed. This