Oct 20

ABB Wins Order for FPSO in North Sea

ABB has won an order to provide both power and automation technologies for an FPSO destined to the Kraken oil field, which happens to be the largest subsea oilfield project in the North Sea.  From the press release:

The FPSO vessel will be delivered to EnQuest UK as the company plans to exploit the Kraken field’s estimated 140 million barrels of oil starting in 2017.

The vessel’s newly installed system will contribute to efficient and safe operations as well as reliable power distribution on board. The order includes an integrated e-house solution with drives and systems for electrical distribution, integrated control, safety and power management.  

You can read the entire press release here.

Share on LinkedInTweet about this on TwitterShare on FacebookEmail this to someoneShare on Reddit

Oct 17

Take our Best Practices for Process Safety Lifecycle Survey!

Survey is at:  Best Practices in the Process Safety Lifecycle

ARC is conducting a survey to determine the best practices for end users in the process safety lifecycle, from layer of protection analysis (LOPA) to SIL assessment, SIL studies, use of KPIs, and more.  Your responses will be kept strictly confidential and in appreciation for taking our survey, you will receive a free consolidated copy of the survey results once we have tabulated all the responses.  This survey should take about 15 minutes to complete.  For questions or further information, please contact Larry O’Brien, Vice President of research at ARC Advisory Group at lobrien@arcweb.com.  Thanks for taking our survey.

Who should complete the survey? 

Anyone with experience in managing process safety systems throughout their lifecycle is encouraged to take this survey.  End users, owner/operators, suppliers, system integrators, engineering firms, OEMs, skid mounted equipment manufacturers, and independent consultants are invited to respond, but we are primarily looking for input from end users and owner/operators.  Those who are not end users or owner/operators should complete the survey from the viewpoint of their main customers. It should take about 15 minutes to complete the survey.

Benefits of taking the survey 

You will receive a FREE survey summary report upon publication that will enhance your understanding of best practices across the process industries for managing the safety lifecycle.

All responses will be strictly confidential. No individual or company specific information will be disclosed. All responses will be tallied and only aggregated results will be published.

The survey can be accessed at https://www.surveymonkey.com/s/ZK3TJMT

Share on LinkedInTweet about this on TwitterShare on FacebookEmail this to someoneShare on Reddit

Sep 26

Siemens Acquires Dresser-Rand. Now what?

Siemens announced Monday that the company has entered into an agreement with Dresser-Rand to acquire all of the issued and outstanding common shares of Dresser-Rand by way of a friendly takeover bid. Siemens’ bid is unanimously supported by Dresser-Rand’s Board of Directors. The offer price is $83 per common share in cash, or a total transaction value of approximately $7.6 billion (approximately €5.8 billion).

With its comprehensive portfolio of compressors, steam turbines, gas turbines and engines, Dresser-Rand is a leading supplier for the oil & gas, process, power and other industries in the related energy infrastructure markets worldwide. The acquisition complements Siemens’ existing offerings, notably for the global oil & gas industry and for distributed power generation.

David W. Humphrey, ARC Advisory Group, commented, “This acquisition is in line with Siemens’ announced strategy to grow its presence and solution offering in the oil & gas industry with a focus on North America. In fact, plans are to make Dresser-Rand the ‘oil & gas company’ within Siemens, giving the company a strong base in the US from which to operate. Dresser’s portfolio complements Siemens’ strengths in turbo compressors, downstream and industrial applications and in larger-sized steam turbines.”

Share on LinkedInTweet about this on TwitterShare on FacebookEmail this to someoneShare on Reddit

Sep 25

New Immersive Technologies Expand Scope of Operator Training Simulator Market

ARC has just released its new operator training simulation study, and it shows some exciting new developments in a growing market. For more information on this study, please visit www.arcweb.com/market-studies/pages/operator-training-simulators.aspx.

The research study includes information about software technologies, tools, and methodologies for high-fidelity solutions that accurately replicate and simulate plant operations. Training simulators considered in the study include both field and console operator training simulators (OTS), 2D, 3D, generic high-fidelity, dynamic high fidelity, and immersive (virtual reality) training simulator (ITS) applications. Process industries and regional markets are also included.

The urgent need to quickly and efficiently transfer knowledge from today’s aging workforce to the new generation of workers is one of main reasons industrial organizations invest in simulator-based operator training.  “Process simulation training is vital to prevent incidents and accidents and help new operators understand how to respond quickly and appropriately to worst-case scenarios. While operator training simulators are already well proven in many industries, new virtual reality-based immersive operator training simulator technologies are emerging that create an even more realistic and interactive training environment that is particularly appealing to the new ‘digital generation’ of workers. As a result, these immersive operator training solutions are expanding the scope of the market, as reflected in our research,” according to Janice Abel, the principal author of ARC’s latest Operator Training Simulator and Immersive Training Simulator market study.

Immersive simulators provide a 3D virtual environment in which graphical representations of the users (avatars) interact with the virtual plant or upstream production assets, in many cases, even before the actual asset is completed. Suppliers are developing more and better immersive virtual reality training simulators for control room operators, but also for other types of workers. These simulators are very effective for training workers for hazardous industrial environments, both onshore and offshore.

According to the study, a number of factors will lead to an expanding market for operator training and immersive simulation solutions for the process industries, particularly in selected industrial sectors. The ability to transfer knowledge quickly is a key factor. The new tech-savvy, digital generation workers that are replacing the current workforce often lack the experience needed to operate a plant safely and efficiently. In some emerging countries, workers change jobs on average every two years, and this drives the need for simulator-based operator training solutions.

Share on LinkedInTweet about this on TwitterShare on FacebookEmail this to someoneShare on Reddit

Sep 17

New YouTube Videos from ARC India Forum

In July ARC held our 12th annual India Forum in Bangalore.  We just posted a series of YouTube videos to our channel.  You can practically view the entire forum through these videos and the team did a very nice job putting them together.  You can also access the agenda and presentations from the forum at our web site here.  Key panelists and presenters included industry luminaries (in no particular order) from ARC, NTPC, Rockwell Automation, Siemens, GE, B&R Automation, Schneider Electric, BHEL, Reliance Power, AVEVA, Ranbaxy, TCS, and many more.

Here’s a few selections, the link to the entire list is at the bottom of the page.

“Importance of Construction Management in Project Execution” by Rainer Lamping, AVEVA

Panel Discussion 2nd Day in the Morning Session- July 11th 2014

Panel Discussion First Day Evening Session- July 10th 2014

“Integrated and Interconnected Enterprise” by Ganapathiraman G, ARC

Asset Lifecycle Management, By Ralph Rio,ARC Advisory Group

Link to ARC India Forum Presentations in PDF Format (plus agenda, etc.)

ARC Forum India YouTube Video Series (Most Recently Uploaded, 27 Videos)

Share on LinkedInTweet about this on TwitterShare on FacebookEmail this to someoneShare on Reddit

Sep 17

Fieldbus Foundation and HART Communication Foundation will Merge

It’s been over a year in the making, but it looks like the merger of Fieldbus Foundation and HART Communication Foundation will go ahead. Members of both FF and HCF have voted to approve the merger.  To be more specific, the two foundations will be reborn in the form of a new organization that will be called the FieldComm Group, with current HART Communication Foundation president Ted Masters serving as president of the new organization.  The new chairman of the board will be Hans-Georg Kumpfmueller of Siemens.  From the press release:


The final step in constructing a single organization to lead process automation communications and integration technologies was completed when the members of both the HART® Communication Foundation and Fieldbus Foundation™ approved the merger proposed by their respective boards through a voting process that concluded on August 30. This completes a yearlong study and diligence period by a dedicated team of volunteers representing each of the foundations.

The new corporation, called FieldComm Group, will be led by a board of directors composed of representatives of the collective companies from the current boards of each foundation. Hans-Georg Kumpfmueller has been elected as the inaugural chairman of the board. Mr. Kumpfmueller will lead the direction of the FieldComm Group and oversee the addition of FDI LLC in mid-2015.


The formation of the FieldComm group should benefit both end users and suppliers of FOUNDATION fieldbus and HART technologies.  Most suppliers are members of both groups anyway, so there should be reduced costs for membership, and it will provide a single organization for device and host system testing and registration.  The merger of the two organizations is also reflective of continuing cooperative efforts such as Field Device Integration (FDI), which will provide a single tool for integrating intelligent devices that rationalizes EDDL and FDT technologies.  It should be noted that Mr. Kumpfmueller was instrumental in the advancement of FDI as well.


You can read the full article at the Fieldbus Foundation blog here.

Press Release: Fieldbus Foundation and HART Communication Foundation Members Approve Formation of FieldComm Group

Share on LinkedInTweet about this on TwitterShare on FacebookEmail this to someoneShare on Reddit

Sep 11

ExxonMobil Submits Permit for $45 Billion Alaska Project

Share on LinkedInTweet about this on TwitterShare on FacebookEmail this to someoneShare on Reddit

Sep 11

Check Out Our Twitter Feed from ABB Energy & Automation Forum Calgary

We are happy to be attending the first ever ABB Energy and Automation Forum in Calgary this week at the Telus convention center.  The event in Calgary is one of many regional events ABB is doing this year and not surprisingly there is a big focus on oil and power and sustainability.  You can read our twitter feed from the event here and we will be compiling a full report on the event after we return.

ABB Energy And Automation Forum Calgary

Share on LinkedInTweet about this on TwitterShare on FacebookEmail this to someoneShare on Reddit

Sep 10

ABB Announces Next Level Strategy with Reorganization

ABB recently announced a new overall strategy to accelerate growth in earnings through 2020, which also includes a reorganization and shifting of several leadership positions within the company.

From the press release issued yesterday:

ABB will continue to build on its leading power and automation portfolio, which will be managed in its business units under the leadership of the five divisions. As of January 2015, its regional structure will be streamlined to three regions responsible for customer collaboration, shared services and the related countries. “These moves will improve customer focus as well as productivity, result in clear responsibility and accountability and drive market oriented collaboration,” said Spiesshofer.

In line with its Next Level strategy, the company is aligning its Executive Committee (EC) structure. Peter Terwiesch, currently head of ABB in Central Europe and Germany, has been appointed EC member responsible for the Process Automation division. The three newly created regions will be led by experienced EC members – Frank Duggan (Asia, Middle East and Africa), Greg Scheu (Americas) and Veli-Matti Reinikkala (Europe). All changes are effective Jan. 1, 2015.

David Constable, the CEO of Sasol, has been nominated to the Board of Directors for election at the 2015 Annual General Meeting. He brings a wealth of experience to the Board in EPC businesses and process industries as well as strong links to Africa, an important growth region for ABB.

You can read the entire press release here.

The addition of Constable to the Board of directors is a step in the right direction and is indicative of the company’s commitment to the oil and gas industry moving forward.

Edit: You can download the presentations from the investor conference here.

ABB Launches Next Level Strategy

Share on LinkedInTweet about this on TwitterShare on FacebookEmail this to someoneShare on Reddit

Aug 29

New ARC Study: Terminal Automation Systems for the Oil & Gas Industry

ARC has released a new edition of our Terminal Automation Systems study.

This report provides an in-depth analysis of the terminal automation systems (TAS) business in the oil & gas industry worldwide. It can serve as an effective planning guide for companies interested in providing terminal automation systems to the marketplace. The report provides strategic information to industry executives responsible for developing, marketing, or purchasing terminal automation systems.

While the market continues to be dominated by older niche suppliers, the market is opening to new suppliers with greater value propositions. Regions with little infrastructure are opening up to new suppliers as well, unencumbered by the inertia of an incumbent.

Source: Endress+Hauser

Source: Endress+Hauser

ARC’s analysis of the worldwide TAS market includes market size and segmentation, market forecast, industry structure, and supplier market shares and profiles. In addition to providing our clients with a quantitative assessment of the terminal automation marketplace, this report provides an insightful analysis of the products and strategies of the leading TAS suppliers.

ARC Terminal Automation Systems Study Brochure


Share on LinkedInTweet about this on TwitterShare on FacebookEmail this to someoneShare on Reddit

Older posts «