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Engineering Case Histories: Case 113: The benefits of an engineering education and advanced degrees
hydrocarbonprocessing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hydrocarbonprocessing.com Daily Mail and Mail on Sunday newspapers.
Global Project Data
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Industry Perspectives
Hydrocarbon Processing Staff
Mid-year market update
Last month, Hydrocarbon Processing presented its mid-year market update to a global audience. The webcast highlighted major trends affecting the hydrocarbon processing industry, as well as a detailed analysis of active capital projects around the world. The following provides a brief overview of the many topics that were covered. An on-demand version of the webcast “Hydrocarbon Processing’s Industry Market Outlook: 2021 Update” is available at www.HydrocarbonProcessing.com/webcasts.
Demand
According to several industry reports, global fuels demand is forecast to rebound this year and increase in 2022. The U.S. Energy Information Administration forecasts global fuel
Failure preventionâThe ultimate asset management strategy
Failure preventionâThe ultimate asset management strategy
The primary cause for losses and lost opportunities at refineries, chemical complexes, pipeline networks and gas processing facilities is equipment failures.
The primary cause for losses and lost opportunities at refineries, chemical complexes, pipeline networks and gas processing facilities is equipment failures. The costs of these failures can run into hundreds of millions of dollars. Without a firm commitment to prevent failures, there is little hope for avoiding these enormous losses.
Technologies abound that claim to prevent failures. These new technologies suggest that collecting vast amounts of data, applying hundreds of algorithms and simulations, and utilizing years of recorded history will somehow reveal hidden failure mechanisms and allow for significant improvements in failure prevention. A closer look of how and why equipment fails
Reliability: Taking ownership of problems
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