In the search for energy sources around the world there has been an increasing focus on gas flow measurement. For years oil has dominated the global energy markets, but recently natural gas has upped the ante in the popularity stakes.
Several companies are currently exploring the possibilities of shale oil in Northern Ireland, and Enegi Oil is the latest company to apply for an exploration license. Since February 2011 the independent oil and gas company have carried out an extensive work program evaluating the Clare Basin Licensing Option and the possibility for shale oil, which they now believe to be highly prospective.
The flow measurement industry is constantly evolving, with new technology and methods emerging regularly. Keeping up-to-date with the latest advances is important, and next week Ex~i Flow will be attending the annual South East Asia Flow Measurement Conference held by leading Flow Measurement experts, NEL to do just that.
For every industry, introducing and installing a new system can be time consuming, costly and disruptive. New technology is constantly introduced in the flow measurement industry, and ensuring systems are kept up-to-date can be difficult. Introducing a new flow computer can cause serious disruption to flow measurement when not managed correctly.
Energy supplies are in high demand as the worlds population continues to grow. Fossil fuels and other energy sources are in dwindling supply, and close monitoring across the industry is fundamental when it comes to preserving the supply levels.
Refineries play an important role in the processing of oil and natural gas. The maze of complex systems which form a refinery need regular maintenance and monitoring.
The Falkland Islands have been back in the news over the last week due to developments at a hydrocarbon find. The British oil exploration company Borders and Southern Petroleum this week deemed the discovery commercially viable.
An efficient system for controlling dwindling gas supplies across the world is vital. There’s a constant search for new gas sources, which places an importance on preserving existing supplies. Flow measurement provides accurate measurement and management to help conserve existing gas supplies.
Flow measurement has proved an important process in the management and preservation of vital energy supplies, including gas and oil. The constant use of meters and parts will undoubtedly cause wear and tear.
Specialist engineering company Subsea 7 were announced as the successful bidders for Dana Petroleum’s lucrative Western Isles development project, based in the North Sea and worth an estimated $300 million.