Maximize assets with a digital investment framework

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Maximize assets with a digital investment framework

FromThe Main Column

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Length:

20 minutes

Released:

Dec 12, 2019

Format:

Podcast episode

Description

Investments in digital technologies have shown to save companies money, optimize operations and streamline maintenance. The big question is how to evaluate digital investments? This podcasts details two investment models to consider in this analysis.
For comments or feedback, please contact: podcast@hydrocarbonprocessing.com

Released:

Dec 12, 2019

Format:

Podcast episode

Titles in the series (100)

A weekly podcast from Hydrocarbon Processing Magazine for the downstream, petrochemical, refining and gas processing industries. It’s easy to subscribe, just click the subscribe button on iTunes or Blubrry.

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Industry Perspectives: New petrochemical projects flat year-over-year: New perochemical project announcements plateaued year-over-year (y-o-y), according to data from Hydrocarbon Processing’s Construction Boxscore Database. For comments or feedback, please contact: podcast@hydrocarbonprocessing.com by The Main Column
20 min listen
The latest in measurement optimization for improved efficiency: Hydrocarbon Processing sat down with three subject matter experts from Endress + Hauser--Prasanth Sreekumar, Mark Thomas and Sam Miller--to discuss the latest in measurement technology and how instrumentation and analyzers can help optimize production ... by The Main Column
20 min listen
The importance of great industrial communication by The Main Column
20 min listen
How to develop a successful asset management strategy during the coronavirus downturn: The coronavirus (COVID-19) has disrupted all sectors of the oil and gas industry, including asset management. Many plants around the world are operating in emergency mode or shutdown.The following are six recommendations to help organizations optimize ... by The Main Column
8 min listen
Selecting the right gas analyzer to optimize monitoring of NOx and other emissions: Combustion processes of all types generate emissions of one kind or another. For example, hydrogen- and carbon-based combustion processes produce water and carbon dioxide (CO2), respectively. For comments or feedback, by The Main Column
20 min listen
Maintenance: How to conduct successful turnaround maintenance at refineries: PricewaterhouseCoopers reports that, since 2014, the oil and gas industry has put off noncritical spending to reduce costs.1 In 2016, for example, the average number of backlogged labor hours for corrective and deferred safety-critical maintenance incr... by The Main Column
8 min listen
The downstream dilemma: Past, present and future of downstream energy: The oil industry’s interest in the downstream segment of the business has known ups and downs. This article reviews the past, present and projected future of the downstream sector and its companies. For comments or feedback, by The Main Column
20 min listen
Building industrial networks to serve IIoT and digitalization: How are companies putting new digital technologies to work? This podcast details how companies have implemented improvement programs with digitalization and where they have witnessed major advances in operations. For comments or feedback, by The Main Column
20 min listen
Business Trends: Rethinking the refining and petrochemicals industries: Crude oil has been the fundamental element of transportation fuel for many decades. However, market factors are changing this dynamic, creating incentives for some organizations to consider oil-to-chemical complexes to maintain a competitive edge. by The Main Column
20 min listen
Can you build resilience in uncertainty?: 2020 may be the worst year in history in the Oil & Gas industry. We witnessed one shock after another. Learn more in this AVEVA sponsored podcast. For comments or feedback, please contact: podcast@hydrocarbonprocessing.com by The Main Column
7 min listen
How to use technology to mitigate job-hopping and retain millennial workers: Workforce experts and employers often suggest that the millennial generation is responsible for sparking the job-hopping trend. A 2018 Deloitte survey1 found only 28% of millennials plan to stay with their companies for more than 5 yr. by The Main Column
20 min listen
Meeting strict government standards for wastewater reuse and improved water quality: Regulations on refining/petrochemical wastewater effluents and controlling their use in freshwater sources are getting stricter in many countries around the world. Hydrocarbon Processing sat down with Bill Cunningham, Siemens, by The Main Column
20 min listen
Maximize assets with a digital investment framework: Investments in digital technologies have shown to save companies money, optimize operations and streamline maintenance. The big question is how to evaluate digital investments? This podcasts details two investment models to consider in this analysis. by The Main Column
20 min listen
Rapid reaction to market volatility: While there is no way to predict the length of the current pandemic or crude price volatility, you can help your refinery navigate risk and manage uncertainty by rapidly reacting to market volatility. This AVEVA sponsored podcast examines the use of cl... by The Main Column
20 min listen
Supply Chain: Thinking outside the box: Unconventional supply chain planning: When you think of your supply chain, what do you consider? For a traditional downstream refiner, you may include pipeline, truck, rail and vessel logistics. Where inventory is stored is another consideration. For comments or feedback, by The Main Column
20 min listen
Engineering propylene: Value unlocking with the PDH process: Propylene is at the core of the petrochemical industry, with the synthesis of its numerous derivatives finding greater application in industries from textile to automobile, cosmetics and beyond. Propylene is also a foundation block/intermediate for num... by The Main Column
20 min listen
Improving petrochemical operations with continuous condition monitoring: While countless machines and equipment in a petrochemical plant can be monitored continuously, pumps and compressors are generally some of the most critical.Yet, while plants regularly recognize the importance of monitoring pumps and compressors, by The Main Column
20 min listen
Project Management: Reduce installation schedule for column trays by The Main Column
20 min listen
Five lessons to get the most out of remote training and tools: In-person group training may never look the same as it did prior to the pandemic, but 2020 has shown that organizations can get much more out of remote tools than previously thought possible. This podcast examines five lessons to create flexible and en... by The Main Column
20 min listen
How to use AI to take your asset performance management techniques to the next level: Hydrocarbon Processing sat down with Mike Reed, Head of AVEVA AI Center of Excellence--to discuss how AI can be used to improve your asset performance management techniques. Listen now to the latest AVEVA sponsored podcast. For comments or feedback, by The Main Column
14 min listen
Highlights from a maintenance and reliability audit: Staffers in many plants in modern industry are assigned to job functions related to reliability assessment and implementation. How these reliability-related job functions are carried out varies greatly from plant to plant. by The Main Column
20 min listen
Data security and privacy: The five questions energy company boards need to ask: Over the past 5 yr, the energy industry has been forced to navigate highly volatile conditions, including unstable economics, increased sustainability concerns and a shortage of experienced leaders to succeed those approaching retirement. by The Main Column
20 min listen
When digital transformation hits all four sustainability buckets: Sustainability efforts affect four key areas within a processing plant: efficiency, business, talent and safety. This podcast dives into how digital technologies are enabling companies to increase sustainable operations in these four key areas. by The Main Column
20 min listen
How valve upgrades can improve tank and terminal facility operations by The Main Column
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A project manager's challenges in LNG megaprojects: Most megaprojects suffer from costs and timeline overruns. This podcast details 11 prominent areas project managers should focus on to ensure megaprojects are on-time and on-budget. For comments or feedback, by The Main Column
20 min listen
Siloed to connected: Why the oil and gas industry is going digital: HPI organizations generate vast amounts of data throughout their operations. It is imperative to utilize this data in the most optimal way. This podcast examines several advanced data management tools to help organizations optimize workflows and bring ... by The Main Column
20 min listen
OT/IT integration for profit-driven operation: OT/IT integration is required for sharing information among all levels of manufacturing organizations to achieve profit-driven operation (PDO). This podcast examines a particular PDO solution, which breaks down production performance indicators down... by The Main Column
7 min listen
What if your plant were truly digital: With the increasing volatility of the oil and gas markets (involving price fluctuations and oil demand uncertainties) and stricter environmental constraints, a new normal for the world is being built right in front of us. by The Main Column
20 min listen
Extracting business value from digitalization in oil and gas: Most oil and gas companies are investing in digitalization; however, they often fail to move beyond proof of value or pilot projects. This podcast examines key factors that can set a digitalization program up for success and allow scaling past the pilo... by The Main Column
20 min listen
How using digital platforms can improve plant performance and increase customer success: This podcast, written by ExxonMobil, explains how digital platforms can offer significant benefits across the oil and gas value chain by employing advanced analytical tools and near-real-time access to technical expertise to improve daily plant perform... by The Main Column
20 min listen

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Asset performance management: How digital solutions are optimizing operations and maintenance by The Main Column
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Balancing energy security, affordability and sustainability: Are digital technologies a solution? by The Main Column
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Digital transformation in specialty chemical production by The Main Column
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Converting refineries to renewable fuels is no simple switch by The Main Column
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Live at AFPM: FCC catalysts: The global market, industry challenges and future demand by The Main Column
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Don't just survive: Thrive with advanced process control by The Main Column
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Maximize assets with a digital investment framework

Maximize assets with a digital investment framework

Description

Titles in the series (100)

More Episodes from The Main Column

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