Extending Equipment Service Life
In critical operations, extended plant shutdown is not acceptable unless it is a turnaround. A turnaround (TAR) is a scheduled event wherein an entire process unit of an industrial plant …
Oil Prices Still Going Down, What is the absolute rock bottom?
“Could Oil Prices Go To $10/Barrel?” was posted yesterday asking what is the absolute rock bottom price for oil. There are lots of responses to the question. But to sum …
Drinking Distilled Water is More Expensive than Oil
If it is in the Middle East, this scenario will be true. I know that drinking water is more expensive than petrol on a volumetric comparison. However, on the world …
It is the job that becomes redundant, not you
I just receive an email from a friend that he is being made redundant in his company as no projects are coming. Only a skeletal force is being left behind …
Oil Production Vital Statistics July 2015 – Equilibrium Reached
May and June have seen oil prices stabilizing around $60, with current global liquids slightly down, it appears an equilibrium has been reached Source: Oil Production Vital Statistics July 2015 …
EPC Companies to Layoff Workers
The slump of commodity prices are forcing EPC companies to cut cost by laying off workers. WorleyParsons to shed 2000 jobs Amec cuts 2500 jobs to boost margins Petrofac, Amec …