Vidya News
Why Downstream Operations are the Heart of Petroleum
According to McKinsey, oil refineries can process nearly 100 million barrels of crude oil globally daily. Thus, given the presence and scalability of oil-derived products, downstream operations—industries responsible for transforming crude oil into fuels—may be the heart of the petroleum value chain. In comparison, the heart’s role doesn’t limit itself [...]
Latest Content
Understanding Dropped Object Prevention for Energy Industries
In 2016, dropped objects from Offshore Oil facilities resulted in 255 worker fatalities in the United States, according to the Bureau of Labor Statistics, an alarming statistic that made clear [...]
5 Essentials of Hull Damage Prevention for ships and FPSOs
Hull damages such as cracks and discontinuities can lead to oil leaks, implicating direct emergency costs surpassing USD 50,000,000, according to Brazil's National Petroleum Agency. From oil spills to accidents, [...]
Computer Vision 101: How can AI see things?
A world where computers can understand the environment around them simply by looking. This isn't science fiction anymore. It’s the new frontier of artificial intelligence called Computer Vision. It [...]
How to optimize Industrial Safety and Risk Management
The International Association of Oil and Gas Producers reported a 36% increase in offshore fatalities from 2020 to 2021. This concerning rise underscores the inherent safety challenges of the industry. [...]
The Future Lies in the Past: Embracing Mature Fields for Tomorrow’s Energy
A 2011 study by IHS Cambridge Energy Research Associates reported that approximately two-thirds of global daily average oil production comes from mature fields and that the percentage is increasing over [...]
Exploring the Depths: Understanding Offshore Oil Drilling
Until 1894, we didn’t know extracting crude oil from subsea environments was possible. This changed when the lure of offshore production enticed Henry L. Williams and his associates to build [...]
Check Vidya’s exclusive contents for the Industry below:
