The perspectives for North Sea Oil extraction
The extraction of oil in the North Sea is one of the oldest operations in the world and is responsible for the economic flow of countries like Norway, Germany, Scotland, and England. Despite its extreme importance to the region's economy, the sector has obstacles in its path that compromise the long-term future of the industry. The pandemic was one of the most difficult periods for the sector and its impacts culminated in the biggest drop in the price of a barrel in history, forcing industries in the region to reduce oil extraction. The difficulties [...]
How smart industries will be
Can you imagine what the industries will be like 10 years from now? The concept of industry of the future or smart industries describes the application of different combinations of modern technologies to create a hyperflexible and self-adaptive operating and manufacturing capability. Smart factories are an opportunity to create new forms of efficiency and flexibility by connecting different processes and information flows. Some technologies are essential to this concept. Let's address the top 3 below. IoT - (Internet of Things) The Internet of Things is the ability of devices to communicate with each other without human [...]
The energy challenge for chemical industries
Chemical industries are responsible for a wide range of products used in everyday life. They are manufactured products for urban, rural, and industrial use. Insecticides, medicines, and personal care products are derived from industrial chemical processes. The process of these industries consists of using natural resources such as water, minerals and organic products as raw material. In order for the inputs to actually be transformed into marketable products, there is a long process of chemical transformation within the industrial plants of the sector. The main process within this industry is that of combustion. It is from [...]
How Steel Industries benefits from Digital Transformation
The steel industries have a fundamental role not only in our society but also in the industrial sector itself. These industries are responsible for producing the most used material in the sector, and also around the world. The importance of this industry is fundamental for the functioning and good organization of our daily life. However, the steel production process is carried out in such a way that its environmental impacts are contrary agents to the important need for decarbonization of the industry. Steel, before being steel, is an ore. The process of transforming this ore takes [...]
Contextualization of data is an industry need
In the data era, having the control and monitoring of assets in industrial plants becomes essential. Industrial operations and processes are characterized by their high complexity, which is often one of the greatest challenges when it comes to monitoring these assets. In addition to being complex, industrial plants are characterized by a very large number of assets. It is estimated that an installation of this type easily surpasses the number of 500,000 assets, which must be monitored in order to preserve their integrity, so that, in this way, risks are minimized. In the midst of a period in [...]
The path to an ESG operation
ESG (Enviromental - Social - Governance) is the acronym that has attracted the eyes of industries to an imminent and extremely urgent need. Since the first industrial revolutions, industries have introduced automation into their operations. In the first, coal moved the heavy machines through steam and replaced the brute human force of the time. In the second, electricity not only revolutionized industry, but the whole world. We can still mention the third revolution, in which information systems, just-in-time model, and adherence to computing, introducing new concepts capable of revolutionizing the industry once again through digitization. As we can see, change [...]
Energy transition is possible through technology
The energy transition is one of the most important agendas for the industrial sector in order to contain the advance of global warming. But how can this be done feasibly? The need to reduce greenhouse gas emissions has been highlighted in recent months around the world. The role of the industrial sector in this change is to transform its operations so that energy dependence on non-renewable sources is eradicated. The task is far from simple and requires time and investment to actually get it done. However, from the digital transformation and its technologies, industries have the opportunity to [...]
The energy transition in industries is a necessity of now
Finding solutions for energy transition within industrial plants is a necessity that requires action. This need is the result of the race in search of industrial operations so that they do not emit greenhouse gases, being compliant with what we call ESG (Environmental - Social - Governance) strategies. The subject has gained importance in recent years. Governments try to ease the way for a change of operation aiming at the goal of containing the advances of global warming and climate change on the planet. Reducing costs and changing policies on the subject was the starting point [...]
Why industries must change their energy source
To reduce the environmental impact of our industries, switching energy sources is necessary. In recent years, this agenda has gained considerable prominence along with the demand for ESG (Environmental - Social - Governance) operations. The goal is to zero carbon emissions in the industrial sector by the year 2050 through the application of technology and especially the change of energy sources to renewable sources with a lower environmental impact. The issue of decarbonization comes to the fore amid a period where technology and digital transformation have dramatically changed the way industries operate. The digitization movement allows these industries to [...]
The challenges for the future of Oil and Gas sector
Undoubtedly, the impacts generated by the covid-19 pandemic on American oil and gas production will be witnessed for a few more years. Despite the sector's recent slight recovery, the problem appears to be far from over. To understand a little more about what made this drop in production so impactful, you can access this content where we detail more about it. Click and read! There are many variables behind the drop in US oil consumption and production. Basically, there is a cost behind all production, which can be more or less expensive depending on how the [...]
