Oil demand is on the rise in Europe. Recent government statistics show a rise in European market for the first time in two years. The increase, seen in both April and May 2013, correlates to data pointing to a growth in economic activity around the same period, including Eurozone growth this year.
Without flow measurement systems in place power station efficiency would be profoundly affected. Growing demand for energy means that power stations are constantly under pressure. With the need for reliable energy supplies continuing to rise, we delve into how flow measurement regulates power stations.
A new oil discovery has been made in Kenya by oil exploration company Tullow Oil. Flow tests carried out at a discovery well in the country have smashed expectations and promise to bring positive results for the oil explorer. After a disappointing start to the year the new Kenyan discovery will be a welcome relief for Tullow Oil and its investors.
For the fast-paced food and beverage industry flow measurement plays an essential role. Worldwide demand on the industry is high and large volumes of liquids pass through food plants every day. Before reaching the shelves of supermarkets, food must reach the high standards set by the Food Standards Agency, which is responsible for food safety and hygiene across the UK.
UK Energy Minister Michael Fallon has announced a new onshore licensing round will take place next year, which will see companies apply for oil and gas exploration licenses in the UK. The new licensing round, the first to take place since the American shale gas boom in 2009, is expected to step up Britain’s shale gas programme and provide a further boost to the UK shale gas industry.
Flow computers have long been used within the oil and gas industry, throughout extraction and custody transfer processes and are a proven means to effectively monitoring the world’s energy resources. Since Ex~i Flow Measurement was founded in 2007 the team focused on creating products to contribute to the conservation of energy resources. In less than two years the SFC3000 Flow Computer went from concept to finished design.
UK shale gas would be lower carbon than imported gas chief government climate change advisers announced last week. The announcement revealed shale gas extracted from the UK would be a lower carbon form of fuel than fuel imported from thousands of miles away, from places such as Qatar. In a new report from the Committee of Climate Change (CCC) shale gas is named as a part of the UK energy mix. Although not a key part it says shale gas should be used as a viable substitute for imported gas to meet the heating demands, and also as a back up for intermittent renewable technologies including wind power.
As one of the most important markets in the world, the chemical industry plays a central part in the production of a variety of products. It is a vital part of the world’s economy and energy markets, converting a range of raw materials such as oil and natural gas. There are a variety of processes throughout the chemical industry – across both basic chemicals such as oil and gas, and consumer chemicals such as washing up liquid –all of which experience rigorous stages of testing and measuring.
Flow measurement is a critical component to the oil and gas industry. Mounting pressure to preserve oil and gas supply levels around the world is an added strain on the industry to continue improving quality control and metering. Numerous processes make up the oil and gas industry including off and onshore exploration, production, gas processing, transportation and storage. With each process differing from company to company it’s impossible to create a one-size fits all engineering solution for these processes.
As recovery from the global recession rumbles on, the flowmeter market continues to show promising signs of recovery for 2013. Throughout 2011 and 2012 business was driven by demand within the power, mining, and oil and gas industries, and is demand is expected to continue growing at a speedy rate throughout 2013 with an increase in business in the chemical and energy sectors.