The Organization of the Petroleum Exporting Countries, Opec, and big oil companies around the world are looking at the growing popularity of electric cars anew, and revising their forecasts, according to a new report by Bloomberg New Energy Finance.
The prospect of a massive trend that shows consumers turning away from petrol-driven vehicles would have huge implications for the oil industry.
The manufacturing sector is experiencing a dramatic turnaround in business, according to figures released by the White House.
President Donald Trump has consistently said he wants the manufacturing sector to grow and has personally intervened to persuade many large manufacturing companies to consider relocating or expanding their operations in the US.
Recon Technology, which describes itself as an independent oilfield services provider operating primarily in China, has been authorised by ABB to participate in bidding for various projects in the future, including automation system products projects.
Recon says it anticipates cooperating with ABB in the future to provide integrated automation solutions, products and product quality assurance services for various projects beyond oil industry.
Woodside Energy and the National Aeronautics and Space Administration have launched a new collaboration program under which the Australian independent oil and gas company will develop applications for Nasa’s Robonaut in its own operations.
Under the partnership Nasa will loan Woodside an Anthropomorphic Robonaut System for a 60-month deployment in Perth. Together the two organisations will explore how the robotic technology could be used to improve safety, reliability and efficiency in the high-risk and remote environments where Woodside operates.
Gast, a designer and manufacturer of precision air products and member of IDEX Corporation, has launched new LubeFree options for their AM series air motors that utilize a proprietary vane material that provides versatility, allowing users the options to oil or not oil the motor.
This new LubeFree option has expanded Gast’s range of 2AM, 4AM and 6AM Series air motors and affords operators the flexibility to modify their maintenance schedules or save money by eliminating oil, lubricator components and system maintenance.
Existing 2AM, 4AM and 6AM Series motors – which are used in a vast number of applications including chemical, paint and sanitary mixing, pump drive, material handling, and other industrial and remote applications – can be upgraded and retrofitted using a new LubeFree vane kit. Continue reading Gast launches new ‘lubefree’ air motors
Honeywell and Aereon say they will collaborate on solutions to help industrial customers boost the safety, efficiency and reliability of their operations by leveraging Honeywell’s Industrial Internet of Things ecosystem.
“For years, manufacturers and producers have looked for ways to solve operational problems that were believed to be unsolvable – such as unplanned downtime, underperforming assets and inefficient supply chains,” said Andrew Hird, vice president and general manager of Honeywell Process Solutions’ Digital Transformation business.
“With the capabilities of the IIoT, we can find new ways to solve those problems. A key part is the creation of an industrial ecosystem that leverages the depth of knowledge and experience of a range of equipment and service providers such as Aereon.” Continue reading Honeywell partners Aereon for oil and gas IIoT
The oil and gas industry is the lifeblood and oxygen of the modern world. It produces the stuff that powers the power stations, providing the energy on which we all depend if we live in a country with even a moderate infrastructure.
Much as we’d all like to live on fresh air, and run our iMachines on the light that shines in through our windows, the harsh reality is that the dirty and dangerous business of fossil fuels is still the biggest generator of energy in the world today.
No developed or developing economy on Earth can do without oil and gas, and no oil and gas plant can do without systems to prevent downtime. Every second of unscheduled downtime can cost the oil and gas company millions of dollars. Not only that, the secondary effects on all the businesses connected to the oil and gas company’s supply lines – which basically permeate the whole of society – could be devastating to a nation’s economy and wellbeing if those seconds turn into minutes, hours or days. Continue reading There will be data: Exclusive interview with Honeywell UOP cloud boss
Honeywell says a subsidiary of PetroVietnam will use its new IIoT-based Connected Performance Services (CPS) offering to improve the performance of its manufacturing operations in Quang Ngai City, Vietnam.
Binh Son Refining and Petrochemical (BSR) will use Honeywell’s CPS technology which integrates Honeywell UOP’s deep process knowledge to improve refinery and plant performance at its naphtha complex.
Houston company says it is bringing advanced technology from Nasa to elevate oil and gas operations through robotics and automation
A Texas business grounded in aerospace experience and space technology is changing the face of oil and gas.
Houston Mechatronics, a company founded by former Nasa roboticists, is incorporating intelligent automation and robotics into the energy industry in ways that streamline operations, improve both costs and quality, and remove workers from hazardous environments.
An additive manufacturing technique called DMD (direct metal deposition) developed by OR Lasertechnologie in Dieburg, Germany is claimed to enable reliable protection of sensor elements by means of a hard alloy.
OR claims it makes it possible to significantly extend the lifetimes sensors, for example in pipelines of the oil and gas industry.
General Electric has launched two new high-tech component production lines at the GE Oil & Gas plant in Talamona, Italy.
A new nozzle production line is the first completely automated line for GE Oil & Gas, and a new additive manufacturing line will use laser technology to 3D print burners for gas turbine combustion chambers.
These new advanced manufacturing lines establishes this site as a centre of excellence for the oil and gas industry.