Regardless of segment, companies within the oil and gas industry share certain things in common; large, complex configurations of equipment that create complicated processes and large amounts of data. These procedures therefore require an extensive number of instruments to control and monitor the plant operation. Consequently, there is a high demand for efficient engineering tools and distributed control systems within electrical engineering as special data quality requirements and data consistency are essential for effective plant operations. The controlling of main automation contractors is typically related to equipment, engineering, construction and operating services.
Industry Processes
The petroleum industry include the global processes of exploration, extraction, refining, transporting (often by oil tankers and pipelines), and marketing petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol).
Onshore drilling and production is fundamental to resource production globally, and includes oil and gas wells in all types of climates and operating conditions. With the emergence of unconventional resource production and the more prevalent use of fracking, the safe drilling and operation of wells, as well as optimized well production have become more significant. Loop provides proven systems and products for onshore applications to support successful operations.
An increasing portion of oil and gas production is coming from offshore resources, and advancing technologies now permit production from deepwater and marginal fields. With decades of global experience in all offshore conditions, Loop provides proven solutions that optimize production, efficiency and safety for a complete range of semi-submersible platforms and floating production units.
The petrochemical industry continues to expand as the increase in shale gas fuels the growth of feedstock in North America and as global project developments continue to ensue. Loop provides expertise in these applications that demand efficient operations, such as ammonia and ethylene production.
As the demand for LNG increases worldwide, LNG facilities face an abundance of challenges. Loop provides expertise in operational efficiency and availability, reliable delivery and the prevention of unplanned downtime. Including
- Dehydration
- Refrigeration
- Liquefaction
- Loading/Shipping
- Regasification
Oil and gas are transported to processing facilities, and from there to end users, by pipeline, tanker/barge, truck, and rail. Pipelines are the most economical transportation method and are most suited to movement across longer distances.Pipeline operators struggle with flow optimization, capital allocation, inadequate or incomplete data, as well as increasing regulatory and public scrutiny. Loop brings together a unique portfolio of advanced technologies and products to help operators successfully manage critical challenges.