The Oil and Gas Industry Will Pay $19 Billion for Valve Solutions In 2015
The oil and gas industry is challenged with process, logistical and safety issues which cause it to look to valve suppliers and other vendors to minimize operational and maintenance problems. The operators will pay $6 billion for these services next year. When the expenditures for valve repair parts and services are added, the total addressable market next year is $9 billion. This is the conclusion reached in the continually updated Industrial Valves: World Market published by the McIlvaine Company. (www.mcilvainecompany.com)

Oil and Gas Valve Revenues 2015 ($ Millions)
Continent Repair Parts and Service Total Solutions Available Market
Africa 400 800 1,200
Americas 900 1,800 2,700
Asia 1,100 2,200 3,300
Europe 600 1,200 1,800
Total 3,000 6,000 9,000
The above revenue forecasts do not include the $10 billion for new valves which the oil and gas industry will spend next year. So the total market in oil and gas for valve suppliers taking the total solutions approach is $19 billion in 2015.
Asia will be the largest segment. This is based on Decisive Classification. The segmentation is part of a system which divides the world into eighty significant markets. Most of the eighty are individual countries but in each sub region there is also an aggregation of small countries. At the top, the world is divided into four continent combinations. Asia includes East Asia, West Asia and the Middle East. Africa includes the whole continent including both the south and the North. Europe includes both the West and East. The Americas includes both the North American and South American Continents.
Process changes and developments require new approaches and more reliance on third parties with the knowledge to address new situations. The development of LNG, gas-to-liquids, shale gas and subsea extraction all involve difficult valve maintenance and operational challenges. A number of companies are assisting oil and gas operators with services and products under the classification of “Total Solutions.”
For more information on: Industrial Valves: World Market, click on:
http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/115-n028
Headlines for May 2, 2014 – Utility E-Alert
UTILITY E-ALERT
#1173 – May 2, 2014
Table of Contents
COAL – US

 Supreme Court upholds EPA’s authority to regulate Cross State Pollution
 DOJ lodges proposed Consent Decree in Lawsuit entitled United States v. City of Akron
 EPA proposes approval of Plan to cut Emissions in New Mexico

COAL – WORLD

 Deal inked with China for 1,320 MW Coal-fired Power Plant at Moheshkhali, Bangladesh

GAS/OIL – US

 Advanced Power Services receives final approval for a 742 MW Gas-fired Power Plant in Ohio
 EPA Air Permit issued to build Montana Power Station

GAS/OIL – WORLD

 KenGen-Nebras Power collaborate to build 500 MW Power Plant in Kenya, Africa

CO2

 Unit 3 at Boundary Dam Power Station Saskatchewan, Canada looking to be first Coal-fired Power Plant to capture CO2 Emissions
 Southern Co delays startup of 582 MW Gasification Combined Cycle Power Plant in Mississippi

NUCLEAR

 Westinghouse forms Business Unit to develop Nuclear in Brazil
 Hanford Nuclear Site under scrutiny over Waste Storage

BUSINESS

 Update on GE’s offer for Alstom Energy Business
 Japan supports shift to Coal in Eastern Europe
 Energy Future Holdings files for Bankruptcy
 Fuel Tech awarded Air Pollution Control Orders totaling $4.2 Million
 Rolls-Royce in talks with Siemens over sale of Gas Turbine Business
 Exelon to acquire Pepco Holdings Inc.
 Russia has expressed interest in Turkish Gas-fired Power Plants
 Fuel Tech acquires Two Air Pollution Control Technology Companies
 Babcock & Wilcox subsidiary with The Ohio State University awarded U.S. DOE Funding for Continued Development of Carbon Dioxide Capture Technology

HOT TOPIC HOUR

 Webinar concludes that Hot Gas Filtration is a Great Solution for Old Power Plants but EPRI says - Not so Fast
 “Sorbent Traps and Mercury CEMS Options” to be debated on May 8, 2014
 Upcoming Hot Topic Hours
For more information on the Utility Tracking System, click on:
http://home.mcilvainecompany.com/index.php/databases/2-uncategorised/89-42ei
McIlvaine Hot Topic Hour Registration
On Thursday at 10:00 a.m. Central time, McIlvaine hosts a 90 minute web meeting on important energy and pollution control subjects. Power webinars are free for subscribers to either Power Plant Air Quality Decisions or Utility Tracking System. The cost is $300.00 for non-subscribers.
See below for information on upcoming Hot Topic Hours. We welcome your input relative to suggested additions.

DATE SUBJECT
May 15, 2014 Gas Intake Filters: HEPA or Medium Efficiency More information
May 29, 2014 Stellite Delamination in Power Plant Steam Valves More information
June 5, 2014 Dry vs. Wet Cooling Surprising number of ACC’S. Why?
June 12, 2014 HRSG Issues (Fast Start, Tube Failures) Lots of challenges to cycle 200 X/yr
June 26, 2014 CCR $ billions Needed
July/August 2014 Boiler Feedwater Treatment
Condensate Polishing for Peaking Turbines
316 B Water Issues
Gas Turbine Permitting Issues

Give us your opinion about topics we should consider
To register for the “Hot Topic Hour”, click on:
http://home.mcilvainecompany.com/index.php/component/content/article?id=675

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Bob McIlvaine
President
847-784-0012 ext 112
rmcilvaine@mcilvainecompany.com
www.mcilvainecompany.com