Stephen Kelly’s Post

Pipeline And Process Services Market Outlook, Future Trends Report To 2033 Global pipeline and process services market size is expected to reach $5.2 Bn by 2028 at a rate of 6.6%, segmented as by operation, pre-commissioning and commissioning, maintenance, decommissioning Read more https://lnkd.in/gh3jdSf6 #marketresearch #marketreport

🛢️ Refinery Turnarounds! 🛠️ Refinery turnarounds are the heartbeat of the energy industry, ensuring the continuous and efficient operation of the vital facilities that power our modern world. These planned maintenance events go beyond mere repairs; they are strategic opportunities to enhance performance, incorporate cutting-edge technologies, and adapt to evolving industry standards. The significance of refineries cannot be overstated, as they are the engines fueling economic growth and providing the energy that drives our daily lives. In the realm of turnaround activities, safety takes center stage. Rigorous protocols are in place to safeguard the skilled workforce and the environment, making every turnaround a commitment to both efficiency and well-being. The collaborative efforts of industry leaders, engineers, and workers during these turnarounds showcase the industry's dedication to innovation, ensuring that refineries not only meet current demands but also lead the way toward a sustainable energy future. #RefineryTurnarounds #EnergyIndustry #MaintenanceExcellence #SafetyFirst #InnovationInEnergy #SustainableEnergy #IndustrialMaintenance #EnergyEfficiency #WorkplaceSafety #CollaborationInIndustry #FutureOfEnergy #RefineryOperations #InfrastructureMaintenance #OilAndGas #RenewableEnergy #EconomicGrowth #EngineeringExcellence #EnergyInnovation #WorkplaceWellness #EnvironmentalSafety #IndustryLeadership

The latest edition of the World #Onshore Pipelines Market Forecast 2024-2028, finds that 205,000km of additional #pipelines are expected to be installed between 2024 and 2028, a 1% decline on the hindcast, reflecting the increasing difficulty and cost of pipeline installations through the entire project lifecycle. This report offers a detailed review of the #global onshore pipeline market with five-year outlook. The accompanying Excel databook includes forecast and hindcast data between 2019 and 2028. Request more information here: https://lnkd.in/empjmkeq Ben Wilby, Deborah Yamba, Michela Francisco, Agga Agga

It can be clearly seen that the level of energy requirements is increased by the level of complexity and that the oil refineries with the same level of complexity can have low and high level of energy efficiency. These energy-saving programmes consist of the following actions: – Continuous monitoring of energy costs, – Identifying the places of irrational energy consumption and preparing the energy-saving project, – Modernization of equipment and introduction of computer management, – Reconstruction of existing equipment and intensification of the maintenance process, – Arranging continuous professional training of operators and increasing the motivation and responsibilities of employees, – Improvement of process management and direct engagement in rationalization of energy consumption, etc. Source: Oil Refineries in the 21st Century. O. Ocic

#OperationPlanning #OperationEngineering #OilandGas #RiskManagement #AssetManagement #NonBusinessDevelopment What strategies do you use to prioritize capital investments in aging facilities and depleted reservoirs? Effectively overseeing capital investment and operational expenses in mature facilities and depleted reservoirs is crucial for optimizing returns, extending asset life, mitigating risks, optimizing production, ensuring cost efficiency, promoting sustainability, and maintaining compliance with regulatory requirements. Here is my experience in dealing with those activities: *Maximizing return by analyzing the production performance of aging facilities and depleted reservoirs to understand their declining production rates and operating envelope of the system, besides higher operating costs, to identify the opportunities for optimizing production efficiency, which may involve optimizing well interventions, and improving reservoir management strategies; to conduct cost-benefit analyses to determine the most effective capital investment projects that will yield the highest returns. *Prolonging Asset Lifespan: By strategically allocating capital investment, operators can extend the life of aging facilities and depleted reservoirs. This includes investing in maintenance, repair, and refurbishment projects to ensure the continued operation of assets beyond their original design life. *Risk Mitigation: Aging facilities and depleted reservoirs pose unique risks, including increased equipment failures, safety hazards, and environmental liabilities. Proper management of capital investment and operational costs helps mitigate these risks by ensuring assets remain in compliance with regulatory standards and industry best practices. *Cost Efficiency: Aging facilities and depleted reservoirs typically demand more maintenance and operational expenditures than recently developed assets. Efficient management of capital investment and operational costs helps reduce expenses while ensuring operational reliability and safety standards are observed. In my role, I have focused on optimizing capital investment and controlling operational expenses to ensure the economic viability and safety of aging facilities and mature reservoirs such as Detailed Assessment and Planning, Cost-Benefit Analysis, Energy Efficiency Initiatives, Risk Management and Compliance, Innovative Technology Integration, Stakeholder Communication and Coordination. 24JUNJKT

📢 Industry Insight: The Role of Storage Tanks in the Oil and Gas Sector 🏭 In the dynamic world of oil and gas, efficient storage solutions are paramount. Storage tanks serve as the backbone of our industry, ensuring the safe and effective management of valuable resources. 🔹 Versatility & Capacity: From crude oil to refined products, storage tanks handle a variety of hydrocarbons, accommodating vast quantities and supporting seamless supply chain operations. 🔹 Safety & Environmental Protection: Advanced tank designs incorporate robust safety measures to prevent leaks, spills, and emissions, aligning with stringent environmental regulations and safeguarding ecosystems. 🔹 Innovation & Technology: Modern storage solutions leverage cutting-edge technology, including automated monitoring systems and real-time data analytics, enhancing operational efficiency and decision-making. 🔹 Strategic Reserves: Storage tanks play a crucial role in maintaining strategic reserves, providing a buffer against market fluctuations and ensuring energy security. 🔹 Economic Impact: By enabling consistent and reliable supply, storage tanks support market stability and contribute to the global economy. As Process Engineers, we are committed to advancing storage tank technology and safety standards, ensuring the highest levels of performance and reliability in the oil and gas industry. Let's continue to innovate and drive excellence in our field. #OilAndGas #ChemicalEngineering #EnergyIndustry #Innovation #Safety #ProcessEngineering

🚀 Seamless Pipes Market Outlook 🚀 The Seamless Pipes Market is poised for robust growth, with an expected CAGR of 5.5% and a market size projected to reach US$ 363.88 Bn by 2030. Key Highlights: 𝐔𝐧𝐥𝐨𝐜𝐤 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐎𝐮𝐫 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰:  https://lnkd.in/dQFYuWAp Drivers: Superior performance in high-pressure, high-stress environments, and rising demand from the oil & gas sector. Challenges: Higher costs compared to welded pipes and raw material price volatility. Opportunities: Expanding demand in emerging economies and infrastructure development projects. With applications spanning oil & gas, construction, and industrial sectors, seamless pipes are essential for high-strength and high-temperature environments. The market's growth is further propelled by technological advancements and increasing investments in pipeline infrastructure. Stay ahead with seamless pipes! #SeamlessPipes #MarketResearch #OilAndGas #Construction #Industrial #MarketGrowth #Infrastructure #Innovation

"Successfully completed a 2-day workshop on Maintenance Management System. This system ensures the smooth operation and longevity of equipment by optimizing maintenance tasks and resources. It's essential for improving asset reliability and reducing downtime." #102MW #GHPP #IT #ITexpert #Maintenancemanagement #machinereliability #Hydro #cleanenergy

Maintaining Production During Plant Turnarounds Plant turnarounds can disrupt operations significantly, especially when third parties halt gas purchases. However, regulations allowing up to 25% of normal volumes to be incinerated help bridge the gap. This ensures continuous operations and maintains a revenue stream during the downtime, highlighting the importance of flexible solutions in managing production challenges. #PlantTurnaround #OilAndGas #OperationalContinuity #EnergySolutions #EnvironmentalStewardship #TCIBurners

We looked into modernization cost recovery mechanisms, in particular — six recently proposed trackers from different #naturalgas #pipeline companies at various stages in the #FERC process. To gauge their scale, we compared each pipeline's net utility plant amount for the year a CRM was proposed to the annual cap on expenditures in a proposed tracker. In cases where not all CRMs have annual caps, we divided the total cost caps by the proposed duration to estimate an approximate annual cap. The range of potential proposed costs can be substantial, anywhere from 1-7%. Of the trackers we analyzed, one was approved, two are going through the settlement conference process, and three were either withdrawn or postponed.