Gas Processing/LNG
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
Construction
Equatorial Guinea plans to invest $1 B to build several energy projects, including the construction of two new refineries, each with a capacity of 30,000 bpd–40,000 bpd, as well as oil storage facilities, a methanol-to-gasoline plant and an LNG expansion project.
Global Project Data
<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking more than 1,430 projects around the world, representing nearly $1.9 T in capital expenditures.
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.
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.
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.
Construction
Total plans to take a final investment decision (FID) on the Nigeria LNG expansion project by the end of this year. If greenlighted, the 7-MMtpy LNG train would increase the Bonny Island LNG terminal’s capacity to nearly 30 MMtpy. If built, Train 7 is expected to be operational by 2023.
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.
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.
- India receives fuel oil cargo in Russian SCF tanker after brief halt 4/26
- Biden administration (U.S.) to release SAF tax credit model 4/26
- Boeing, Wagner advance Australia’s SAF Industry 4/26
- S-Oil expects Q2 refining margins to remain steady then trend upward 4/26
- Vitol to charter supertankers from U.S. to Nigeria's Dangote refinery 4/26
- Refiner Valero beats profit estimates on resilient demand, tight supplies 4/26
