Rystad Energy: oil update 17 September 2024
Oil prices are rising on supply outages amid the possibility of a US Federal Reserve rate cut.
Oil prices are rising on supply outages amid the possibility of a US Federal Reserve rate cut.
Renewables projected to grow up to 80%; hydrogen demand revised down by up to 25%, fossil fuels set to ‘plateau’ rather than peak.
Dr Prafull Sharma, Chief Technology Officer, CorrosionRADAR, discusses issues surrounding the risk of Corrosion Under Insulation (CUI) on assets, and explains how new technology enables a ‘predictive’ approach through remote monitoring, significantly reducing failure risk.
Tracey Murray, Dynamic Risk, Canada, discusses using the Safety Case framework in pipeline integrity management programmes, highlighting ways it can be implemented and its adoption in different regions.
The EIA expects that Brent crude oil prices will return to above US$80/bbl this month.
Louise O’Sullivan, Managing Director of Penspen THEIA, explains why Mega Rule is not as onerous as it might appear and should instead be seen as an opportunity to improve the efficiency of pipeline integrity management.
New analysis highlights disparity between project target volumes, expected volumes and those reaching FID is significant – threatening the pace of the energy transition.
The use of the latest technologies in the pipeline industry such as SCADA systems, IoT devices, and remote monitoring has substantially increased operational efficiency but at the same time, has extended the attack surface for cyber threats says Saurabh Maral, Consegic Business Intelligence.
Henry Osabohien, Ph.D., ADNOC Onshore, Abu Dhabi, UAE, explores the causes of internal corrosion in gas flow lines and how to prevent it, through chemical treatment and corrosion monitoring locations and methods.
Gareth Mugford, Product Manager, Eddyfi Technologies, outlines how phased array ultrasonic testing offers precision in pipeline integrity assessments.
Based on projects currently underway, EIA expect that new pipeline capacity will deliver crude oil and natural gas from the Permian region to demand centres and alleviate transportation constraints.
Ian Kinnear, Product Manager, GPT Industries, addresses the impacts of hydrogen sulphide, particularly on corrosion and electrical bridging, and provides solutions to these challenges.
Garrison Haning, Co-Founder & CEO, Safety Radar, USA, walks us through ways to integrate AI into pipeline operations.
Eneida Hoxha, Tesmec, Italy, writes about sustainable solutions for pipeline trenching.
World Pipelines speaks with David Hunter, Segment Development Manager for CUI/High Heat & Insulation, Hempel, about the paint and coatings company’s entrance to the insulation coatings market, discussing new insulation solutions that prevent Corrosion Under Insulation (CUI).