Global Valve and Controls
26Jun/17Off

The Petrochemical industry grows in the billions

We  try to go green as it's the new trend and every one is doing it right? But there are many tiny obstacles that stand in our way, sure using reusable bags is great but what about that shampoo you just bought in a plastic bottle or the water bottle that has the tiny cap? It's okay because the middle class is largely depending on plastics from those baby food pouches filled with fruits or vegetables to the bumper on your car. The petrochemical industry is booming and the results are huge! Just how huge? Think along the lines of $185 billion in upcoming projects alone for the petrochemical industry.

“Dow has completed $8 billion in new and expanded U.S. petrochemical facilities mostly along the Gulf of Mexico over the next year, part of the industry’s largest transformation in a generation.” The demand for transportation fuel is on the rise, even though people are now car pooling more and electric vehicles are an option; There is no shortage as the world’s appetite for plastics is expected to rise for decades to come.

“The new investment will establish the U.S. as a major exporter of plastic and reduce its trade deficit.” About 500,000 jobs will be added in the industry maybe less where automation is involved.  Many of the companies who are investing in Americas products made in the petrochemical industry are foreign. Exxon alone said, “It selected a site near Corpus Christi, Texas, for a $9.3 billion petrochemical complex it is building jointly with Saudi Basic Industries Corp.”

 

Automated Flanged Ball Valves for the Petrochemical industry

https://www.wsj.com/articles/the-shale-revolutions-staggering-impact-in-just-one-word-plastics-1498411792

29May/17Off

Working in the oil and gas industry

While its true the oil industry has its ups and downs it is also true that working in the oil and gas industry has its perks no matter what role you partake in. The world of oil and gas is all about tapping into the world’s resources, and there will always be a need for people to do this, whether it’s for sustainable energy or using the current methods. Technology is constantly expanding, so you’ll always be learning new things.

Working in the O&G industry is not all about lifting heavy machines, knowing how to use different types of machinery or even digging holes in the ground, well yes there are those types of jobs but if you are 8-5 Monday through Friday type of person, then there are tons of office jobs that will suit your needs. And those who are more interested in mixing chemicals and seeing their reactions, there are also lab jobs.

The O&G industry must always be on top of their game when it comes to technology so if you have those awesome computer skills jobs are always opening up in your field. With todays hacks it is very crucial for a company to stay on top of technology. For example, a pipeline company that has a pipeline that transports oil from one Point A to Point B  gets compromised, then its bad news for everyone not just the pipeline company.

Although tons of jobs require you to have a 3 year or more degree there are also tons of jobs that are looking for a person they can teach and grow within the company. For example, many on site jobs do not require a degree but someone with a willingness to learn.

Demand for oil is all over the globe, so there is always the job that requires a applicant to travel which could be a very interesting perk. Many employers provide excellent training for their staff because they want to keep their talent. A lot of employers will also offer other perks such as bonus schemes, good pension plans, private healthcare and dental care, childcare support and more. A good point to remember is that when you first start off you don’t have to go straight to the biggest company.  You can work your way up through smaller companies so you can gain the best experience possible. As the oil and gas sector starts to develop even more, these smaller companies will grow with the sector and be extremely valuable places to work.

Working with machinery dealing with various valves does take special skill and knowledge

https://engineering-jobs.theiet.org/article/8-reasons-why-you-should-work-in-the-oil-and-gas-sector/

15May/17Off

Japan plans to purchase more oil and gas from Russia

Japan has been buying its oil and gas from the Middle East  but now the country has made a public statement that they are more interested in what Russia has to offer than the Middle East. Traditionally Japan buys most of the oil and gas in Middle East countries. And we are concerned about this dependence because this route is very unsafe, fraught with geopolitical risks. For us it is very important to ensure that the Northern route of energy supply, i.e. from Russia. This is very important from the point of view of energy security of our country”, — said the Minister.

The reason behind Japans decision is because the route to Russia is considered more safe and less costly especially since the company Rosneft has started to drill again. Russian oil, which can be delivered to Japan in a few days, gives the world's fourth-biggest buyer a flexibility to make purchases closer to target delivery dates than for crude from other suppliers. No one is sure how the Middle East will respond to this.  Russia is also the fourth-biggest supplier of LNG (liquefied natural gas) to Japan.  Tokyo and Moscow are also discussing the prospect of building a gas pipeline to link the two countries together.

 

http://oilpro.com/announcement/4804/japan-aims-to-buy-more-lng-russia

5Apr/17Off

Will the Solar Power industry take over the Petrochemical industry?

After oil sky rocketed down around the world, a new technology emerged in Norway which focuses primarily on offshore solar power. When oil started going down in 2014, many engineers lost their jobs and are still looking for work in the O&G industry. The downturn brought, Øyvind Christian Rohn ideas on how to create a new renewable source, even possibly create more jobs than the O&G industry supplies. He created the idea of having offshore solar power technology.  The idea is to have the "technology that will have solar farms that can float on the ocean surface, with their power transmitted back to land. Since physical space is limited in population centres, especially in areas of high growth such as South East Asia, its idea is to use the ocean’s surface around the world."

In Norway, The petrochemical industry is still hierarchy but according to Rohn, "It is becoming the long-term solution for the world because it is abundant energy and costs have gone down rapidly." The solar industry is still very new technology and is currently being used at 1% but the idea is growing very fast. In fact, the municipal county in Oslo is offering households a subsidy of 30% of the investment to install solar panels in their homes.

Cost is not the only thing that many people factor in the challenge is that they have grown up with the idea of having the O&G sector. People have worked in the industry, thus has become part of their culture. The main challenge would be to switch to green energy.

 

https://www.theguardian.com/sustainable-business/2017/mar/28/oil-and-gas-norways-fossil-free-energy-renewables-oslo?utm_source=dlvr.it&utm_medium=twitter

13Mar/17Off

A world without drilling

Are we ready to stop drilling?

What would happen if all the drilling for oil and gas stopped all over the world? Is that even possible? It is very hard to imagine as we have well over 700,000 oil wells! I found this fascinating as there is already a plan put in place in the UK, called NEST or National Employment Savings Trust, recently announced it was moving 10 percent of its investments toward firms that work to reduce climate change and create more environmentally-friendly methods of energy use. NEST will be focusing more on renewable energy such as solar and wind and less on extracting energy which is a sign of climate change. It sounds a bit dramatic to stop all the drilling all of a sudden but further research shows there might be something that both sides can agree on.

The method is to find a plan which is not as expensive and reduces pollution. Washington State University researchers recently published findings indicating they have found a better method of conducting a significant catalytic reaction frequently used in the oil and gas industries. If it’s widely adopted, the energy savings and reduced pollutants could be impressive. Their method is to place a small amount of carbon within the catalyst that breaks apart the carbon and hydrogen in methane. The increased amount causes the creation of nickel carbide. One of the researchers at WSU also noted that the current process is very wasteful and that converting methane without the burn that produces gas would benefit energy providers and the environment. A win-win for both sides!

It is very hard to tell if the new process will affect the global market and how it will affect as businesses have not yet started using this new method of extracting oil.

To read more information about this new method, please visit this website: http://www.theenergycollective.com/mnichols/2400104/new-research-help-save-oil-gas-money-environment

Valves such as our GVC BV6000 is a an example of a valve that can be used in oil wells for drilling. http://gvcintl.com/products_threaded_and_socket_weld_valves.html

 

 

16Feb/17Off

Information about the Dakota Access Pipeline

Dakota Access Pipeline facts

Who owns the pipeline? It is a joint venture between Energy Transfer Partners, Sunoco Logistics Partner and Philips 66, Enbridge and Marathon Petroleum.

What are some of the valves that the pipeline might use? Trunnion Ball Valves are the most popular, but Gate Valves, Globe Valves, Check Valves can also be found.

How much will the pipeline project cost? Roughly 4 billion dollars.

How much oil will the pipeline carry? 470,000 to 570,000.

What is the main purpose of this pipeline? It is very controversial but the main principle that has been recorded is that the pipeline will free up the rails which can carry more grains and consumer friendly goods.

Where is the pipeline located and where will it pass through? The pipeline route runs from the northwestern North Dakota Bakken and Three Forks sites. It starts in Stanley, North Dakota, and travels in a southeastward direction to end at the oil tank farm near Patoka, Illinois.

Is pipeline safer than rail? Although trains can get derailed, it is very rare. This perhaps will never get answered as pipelines too can have problems but as long as they are properly maintained the risk should be low.

Will the Dakota pipeline be the only one in the area? No, there are actually 7 other pipelines that are located near Lake Oahe.

Is the Dakota Access Pipeline near completion? Since President Trump has signed the papers regarding the pipeline, it should be completed sometime this year.

Global Valve Controls ANSI600 Expanding Gate Valves

Source: http://www.npr.org/2017/01/28/512096744/as-trump-reboots-pipeline-expansion-an-unexpected-delay-emerges

 

15Feb/17Off

Understanding Stainless Steel Ball Valves

Stainless steel ball valves are definitely one of the popular materials that many people buy. They are perfect for the food and beverage industry, agriculture as well as the pulp and paper industries. The reason behind this is because stainless steel does not corrode and when dealing with food which we consume you do not want your machines corroding. White it is true that stainless steel (SS) does not easily corrode or rust, it really depends on the oxygen level in atmosphere. For example, if it is a poor air circulation environment, depending on the grade of the SS valves the valves may or may not corrode. Therefore, it is always important when dealing in such circumstances to get a high grade type of SS valve.

The material stainless steel is not to be confused with carbon steel as carbon steel will rust at one point in its life. The difference between the two metals is the amount of chromium present. Stainless steel’s resistance to corrosion and staining, low maintenance, and familiar lustre make it an ideal material for many applications. The alloy is milled into coils, sheets, plates, bars, wire, and tubing to be used in cookwarecutleryhousehold hardwaresurgical instrumentsmajor appliancesThese are examples of a few items one may be familiar with.

It is very important to know which grade of SS you need for your application as stated above if the grade is low, it will not last or you will have problems later down the road. Therefore, always consult with the manufacturer before buying. Global Valve and Controls can provide you with 316SS, 317SS and 304SS just to name a few. There are many different grades and one may not know that 304 is not to be used in the presence of sulfuric acid.

GVC 4" #300 API 6D Valve, Stainless Steel Flanged Ball Valves

Source: Global Valve and Controls

10Jan/17Off

Time for a change?

The O&G industry has been making people rich for years by providing millions of jobs, and giving opportunity to invest their money in the stock market up until the oil market went down. Thousands of people are still employed but the number is not in the millions anymore. Because of the changes that many companies in the industry had to take the last two years a big question arises, is it time to turn in the keys and retire? Retirement is the number one question that many people are asking themselves after working in the O&G industry. How does one even think about this as the next step? Those who are fortunate are given a special “envelope” in which is enclosed a special bonus just for leaving, unfortunately there are many people out there that don’t get anything.

The “Great Crew Change” is upon us now. This means, “the looming retirement of thousands of older workers--has companies trying to plug the gap by training younger employees.” Younger, less experienced employees mean more money for the companies, and less for the employees. To retire and move on has to be a tough decision to make as there are many people who are not given the choice, but how do you know when it is your turn?

 

http://www.rigzone.com/news/oil_gas/a/147987/Three_Things_to_Consider_Before_Retiring_from_Oil_Gas

27Dec/16Off

Abandoned oil wells cause a concern

        Driving from Bartlesville Oklahoma to Tulsa most of what I saw were oil wells on each side of the road, almost a mile apart sometimes more. Like Oklahoma, Texas is filled with oil wells as well, some parts of the state have more than others. The wells you see around town are not always active, there are quite a few wells actually that are abandoned.  These “inactive” oil wells that are abandoned are a huge concern for citizens nearby as, “fluids can gurgle and leak, migrating where they don’t belong. In some rare instances, land could even sink or collapse” The majority of these holes in the ground aka wells are spread out through West Texas, and have been there for over a century ago. Texas, Oklahoma and Louisiana are among three of the top states with the most abandoned oil wells.

                It is interesting because Texas specifically has over 300,000.00 wells that “are currently pumping oil, gas dollars into the economy, and this does not include some 1.5 million oil wells that were dug up but came up dry”.  After the wells come up dry, operators simply plug them up as not to cause any harm to the environment, but there are many holes that are dug up dry and simply abandoned due to not having enough funds to plug them up or the company has gone bankrupt which is a big deal. “The Railroad Commission will take action on any well to plug or repair it, when there is evidence that is has been an abandoned oil or gas well, the problem is that if the well has been transferred over by use by a private landowner than the RC no longer has permission to plug or repair it.” With no one wanting to take the responsibility or pitch their voices, this is the biggest concern. Abandoned wells can threaten groundwater which pollutes the aquifers for drinking water.

 

http://www.mrt.com/business/oil/article/Abandoned-Texas-oil-wells-seen-as-ticking-time-10813938.php

12Dec/16Off

Mexico de nationalizes its O&G sector

Mexico has opened its doors to foreign companies that will bring in new business like never before. This however was not a “new” policy per say, but the idea to de-nationalize its entire energy sector came up in 2013 and then there was a “follow up” in 2014. Two years later, the country finally decided to go through with it. What does this mean for Mexico? Over the next four years, we will see accelerated growth for a country with massive oil and gas resources, excellent infrastructure, a transparent investment framework, and a new hunger for foreign partners. This also means that Pemex in Mexico will end its 75-year monopoly, and will allow for new businesses to grow.

A couple of the major O&G companies have already signed contracts with Mexico to start drilling. There are many areas in Mexico where bidding has been scheduled to begin. For Example; Exxon Mobil Corp. joined Chevron Corp. (NYSE: CVX) and Hess Corp. (NYSE:HES) to jointly bid for rights to drill in Mexico’s deep waters.

Although exciting, exploration of these areas will take as long as 10 years or more to start. Could this be a game changer for todays depressed oil and gas industry?

 

http://www.petroleumworld.com/editorial-op16112801.htm