North Sea Oil Industry Looks To the Future
Posted onAfter a torrid 2014, the UK’s North Sea oil industry is determined to ensure that it remains a viable, global player in the years ahead.
After a torrid 2014, the UK’s North Sea oil industry is determined to ensure that it remains a viable, global player in the years ahead.
When it comes to the current outlook for the chemicals industry it is definitely a tale of two continents. While the prospects for the chemicals industry look healthy in the USA, at least in the medium term, it is a much more uncertain outlook on the other side of the Atlantic.
Now with more pressure to take care of the environment and high bunker fuel costs, the shipping industry has to carefully monitor operating expenditure and fuel consumption. There have been longstanding methods to measure fuel consumption, such as tank measurements and noon reporting. But with high accuracy becoming increasingly important for ship owners and operators, the use of fuel flow meters for shipping operations is growing in popularity.
One of the North Sea’s largest untapped resources, an oil field east of Shetland named Bentley, could produce over 300 million barrels of oil up until the year 2050.
In January 2017, Singapore will become the first bunkering port in the world where the use of mass flow meters will be mandatory.
Great news for the oil and gas industry – TRICOR Coriolis Technology has released their new 3 inch Coriolis flow meter. Whilst primarly suited to oil and gas applications, such as measuring the midstream transportation of oil and gas, allocation metering in crude oil and natural gas production, and metering of refined products in downstream production, many other industries will find it useful for their applications too.
A significant way to reduce energy consumption in a manufacturing environment is to optimise the combustion efficiency and energy management on industrial boilers, steam generators, ovens, furnaces, process heaters and smelters by using a thermal mass flow meter.
If flow meters are the legs of flow measurement, flow computers are the brain. As the complexity and scale of energy systems increase flow computers provide an automated, accurate and efficient solution to enhance flow measurement, control and data management.
In an industry where sterilisation is crucial and flow meters need to be contactless and sanitary, clamp-on ultrasonic flow meters are ideal for the pharmaceutical industry.
An ultrasonic flow meter uses ultrasound to measure the velocity of liquid flow in order to determine the volume of the liquid flow.