CHEMICAL TECHNOLOGY

Closing the loop: Real-time measurement of oil in water for process facilities

BRIAN CRUM | May 10, 2021

article image
When an oilfield’s reservoir pressure is depleted during primary recovery, additional oil can be recovered by recycling the produced water and injecting it back into the reservoir. Water management is critical for such water and water-alternating-gas (WAG) floods. In its Permian basin operations, Occidental recovers, recycles, and re-injects large volumes of water for its enhanced oil recovery (EOR) operations. With real-time monitoring of oil in water (OiW) delivering reliable and continuous data, Occidental identified a way to optimize the recovery process and is working with NOV to expand the use of OiW monitoring equipment.

Spotlight

IRC ENGINEERING SERVICES (I) PVT. LTD.

IRC Engineering Services (I) Pvt. Ltd. provides knowledge based services to the Oil, Gas And Energy sector. The company was started in the year 1995 by Mr. Ashok Kumar Singhi. IRC is consisting of experts having served in NTPC and PDIL for more than 30 years. The major services include Consultancy Services for Feasibility study of Power Plant, Residual Life Assessment of BTG, Energy Audit, Chemical Cleaning,Chief Controller Of Explosives approved Inspection Services, Inspection of storage tanks, Non- Destructive Testing(UT,MT,PT,RT,ET,LT,PAUT,TOFD) , NABL and IBR approved Destructive Testing Laboratory. IRC is also always appreciated for providing its services for Failure Analysis of Boiler Tubes. IRC along with subsidiary company RA Chemtech is providing services for consultancy services for DM plant, Cooling Tower, and Boiler Water Chemistry. IRC is also providing ASNT NDT Level-III services. At present we are having 5 ASNT Level-III's which all together makes our strength in all the

OTHER ARTICLES
CHEMICAL MANAGEMENT

The supply-chain inflation threat to petrochemicals demand

Article | May 9, 2021

Petrochemicals themselves remain in short supply. This is partly because of reduced feedstock from refineries, a consequence of the pandemic-related collapse in transportation fuels demand.Global petrochemical supply is still edging back to something like normal following the US winter storms in February, during which most US capacity was shut down. A point of discussion is whether containers will become available in the right places at the right prices to relieve tightness in the European polyethylene (PE) market, once US supply has normalised. The container issue is making it difficult to move PE and polypropylene (PP) cargoes from Asia to Europe.Market intelligence from the US-based ICIS CDI team indicates that enough container freight space will be available to resume significant shipments of US PE to Europe, albeit at high prices. It will be several more weeks before domestic pipelines have been refilled, enabling US producers to refocus on exports, added CDI.

Read More
CHEMICAL MANAGEMENT

Energy portfolio restructuring: Charting the future

Article | May 9, 2021

Consumer needs and preferences in the energy industry are evolving. Environmental, social and governance (ESG) concerns are becoming more acute—inspiring action and shifting value towards low-carbon solutions. These trends accelerated in 2020 and for the first time, market capitalization of leading low-carbon solutions companies began to overtake those of oil and gas (O&G) majors. This is despite the majors laying out energy transition strategies, setting low carbon energy targets and generating higher revenues by an order of magnitude.1 In response to this radically changing landscape, energy companies are charting divergent courses for their futures. Some continue to bet on their ability to generate returns from the O&G value chain. They are focusing on growing margins and lowering carbon intensity. Others are supplementing their capabilities with low-carbon energy solutions or exiting hydrocarbons altogether. This blog focuses on the path forward for the energy majors in Europe who are betting big on diversification.

Read More
CHEMICAL MANAGEMENT

Boom in petrochemicals demand guaranteed but we must grow sustainably

Article | May 9, 2021

ONE OF THE GREATEST achievements of the last 30 years has been the fall in the number of people living in extreme poverty.In 1999, 1.9bn of the world’s population were living on less than $1.90, the Word Bank’s definition of extreme poverty. Despite setbacks caused by the pandemic, this had fallen to 698m by October 2020. Income levels alone are not enough to escape the life-threatening agony of extreme poverty. There is no point in having money if the essential goods and services to spend your money on are not available. Critical to poverty alleviation has been sufficient supply of all the things that people in the rich world take for granted. The raw materials to make the vast majority of manufactured goods include petrochemicals and polymers. Nearly all the major manufacturing chains would not have been able to function without petrochemicals. Think of medical equipment, syringes, blood bags, hospital gowns, face masks, pill bottles and medicine blister packs. None of the above could have been produced without petrochemicals. As people emerged out of extreme poverty and as economies became wealthier, modern-day medical services became more widely available.

Read More
CHEMICAL MANAGEMENT

Global polyethylene demand boom likely, increasing the sustainability challenge

Article | May 9, 2021

IT FEELS LIKE several lifetimes ago. If you recall, way back in November-December 2019 Asian variable cost integrated naphtha-based polyethylene (PE) margins turned negative because of the increase in US capacity. Then in January the following year, deep Asian and Middle East operating rate cuts returned some order to the market. Then, bang, as we all know, the pandemic arrived and turned everything on its head. The pandemic has, in my view, accentuated trends that were already well underway. I believe this means that the supply-driven downturn that started in late 2019 will not return.Long before coronavirus upended everyone’s lives, PE demand was becoming increasingly divorced from GDP growth because of the shifting nature of end-use demand. Booming internet sales was, I believe, a major factor behind the split between the growth of the overall economies in the developed world plus China and PE demand.The average product bought online is dropped 17 times because of the large number of people involved in the logistics chain, according to Forbes. This had led to a surge in demand for protective packaging made not from PE and other polymers such as polypropylene, expandable polystyrene and PET films (I will look at their demand growth prospects in later posts).Despite sustainability pressures, the scale of demand for stuff bought online translated to a lot more consumption of virgin polymers.

Read More

Spotlight

IRC ENGINEERING SERVICES (I) PVT. LTD.

IRC Engineering Services (I) Pvt. Ltd. provides knowledge based services to the Oil, Gas And Energy sector. The company was started in the year 1995 by Mr. Ashok Kumar Singhi. IRC is consisting of experts having served in NTPC and PDIL for more than 30 years. The major services include Consultancy Services for Feasibility study of Power Plant, Residual Life Assessment of BTG, Energy Audit, Chemical Cleaning,Chief Controller Of Explosives approved Inspection Services, Inspection of storage tanks, Non- Destructive Testing(UT,MT,PT,RT,ET,LT,PAUT,TOFD) , NABL and IBR approved Destructive Testing Laboratory. IRC is also always appreciated for providing its services for Failure Analysis of Boiler Tubes. IRC along with subsidiary company RA Chemtech is providing services for consultancy services for DM plant, Cooling Tower, and Boiler Water Chemistry. IRC is also providing ASNT NDT Level-III services. At present we are having 5 ASNT Level-III's which all together makes our strength in all the

Events