Thousands of Projects Worth Hundreds of $ Billions in Booming Oil and Gas
Industry
Depending on the definition, the number of opportunities in the oil and gas
sector ranges from a few thousand to over one million. At the top end
there are single projects where the investment will exceed $10 billion. This is
the conclusion reached in Oil, Gas, Shale and Refining Markets and Projects
published by the McIlvaine Company. (www.mcilvainecompany.com)
Segment |
Number |
Operating gas and oil wells |
1,000,000 |
Well completions in 2012 |
105,000 |
Rigs in operation |
3,500 |
LNG trains in operation |
100 |
Current LNG projects |
20 |
Current operating large
gas-to-liquids plants |
10 |
Large gas-to-liquids projects |
10 |
Smaller gas-to-liquids projects |
100 |
Liquid separation from natural
gas projects |
200 |
Coal to chemical new projects |
50 |
Refineries in operation |
700 |
New refineries in planning and
construction |
40 |
Refinery upgrades and
environmental projects |
1,000 |
Tar sands expansion and new
projects |
15 |
Existing gas and oil wells need pumps, valves, compressors, instrumentation and
control equipment. Accuracy is needed due to the custody transfer and
value of the products. Despite the large number of existing wells, the
major capital investment is in a relatively small number of large projects.
Figure 1: Comparative Investment Value (Overnight Cost) for major Industrial
Plants
Some of the investments in the oil gas industry are even larger than the
investment in a new supercritical coal-fired power plant. The gas-to-liquids
plant now underway in Louisiana will cost Sasol more than $10 billion. New
refineries, LNG and tars sands plants are all multibillion dollar expenditures.
Much of this is for liquid and gas flow and treatment equipment. In addition,
the tar sands plants have big investments in material handling.
With the shale gas and liquids boom there are many projects to separate liquids
from gas. Conversion of coal to chemicals is attracting billions of dollars of
investment. China is the leader with both direct and indirect gasification
processes.
McIlvaine tracks the projects and provides market forecasts in Oil, Gas,
Shale and Refining Markets and Projects. For more information on
Oil, Gas, Shale and Refining Markets and Projects, click on:
http://home.mcilvainecompany.com/index.php/component/content/article?id=72#n049
Marine Market for Flow Control and Treatment is Growing at Double-Digit Rates
Marine vessels are purchasing air and liquid flow control and treatment
equipment at an accelerating rate due to new limits on both emissions to the
atmosphere and to the water. This is the conclusion reached in the
McIlvaine report Air/Gas/Water/Fluid Treatment and Control: World Markets.
(www.mcilvainecompany.com)
The U.S. EPA set standards for ballast water discharge in March of 2013. The
compliance date is 2016. This rule is just one of a number passed by various
different governmental bodies around the world. These rules will impact nearly
70,000 ships which use international ports. The average cost of treatment
systems to kill invasive organisms will range from as little as $300,000 to more
than $3 million.
A number of companies are generating substantial revenues already in this
market. Alfa Laval just announced a $50 million SEK order from a Korean ship
builder. Severn Trent has now sold 18 systems. Calgon Carbon has emerged
as a major participant in this market. More than 50 companies are selling
treatment systems.
This market is now the largest for the self-cleaning or automatic backwash type
filters which use disks or screens to achieve particle reduction to 50 microns.
Calgon Carbon has signed a long-term agreement with Amiad to supply them with
the Arkal type disc filters. These self-cleaning filters are used in irrigation,
municipal water treatment and even the purification of chocolate.
Another fast growing segment is the treatment of the stack gases from fuel
burning. Wartsila and others are selling scrubber systems which remove both
particulate and SO2. NOx control systems are also
being purchased for some vessels.
Cruise ships are opting for advanced treatment of sewage. Several membrane
bio reactor (MBR) suppliers such as GE and Hamworthy (Wartsila) have been
selling systems for ships since 2002. The market includes new ships but also
retrofits. Hamworthy replaced an older sewage treatment system with an MBR on
the Star Princess.
Pumps and valves are integral to the ballast water and sewage treatment. They
are also needed for the stack gas scrubbing systems, engine lubrication and for
cargo transport on tankers. A fast growing segment for pumps and valves is the
Floating Production, Storage and Offloading (FPSO) vessels. Two hundred
vessels are already in use for sub-sea oil and gas extraction. The movement of
the industry to deeper waters has accelerated the demand for a floating unit
rather than one anchored to the seabed.
The market growth for controls and instrumentation for these processes is
growing even faster than the hardware. There is a move toward smart
valves. Metso has supplied its latest generation stainless steel valve
controllers to the Norwegian Goliat Floating Production Storage and Offloading
(FPSO) plant in the Barents Sea. The intelligent controllers are used on all
pneumatic actuated control, on/off and ESD valves at the plant and help to
monitor and report on valve performance for asset management purposes.
Suppliers are providing advanced control systems for all the flow processes.
For the BP Angola FPSO, Yokogawa supplied an integrated control and safety
system (ICSS). The ICSS provided control and safety functions for
the sub-sea, marine, hull and topside facilities of the FPSO vessel along with a
single interface allowing operators to start, control and monitor all facilities
from a central control room.
For more information on Air/Gas/Water/Fluid Treatment and Control: World
Markets, click on:
http://home.mcilvainecompany.com/index.php?option=com_content&view=article&id=71
Here are the Headlines for the April 12, 2013 – Utility E-Alert
UTILITY E-ALERT
#1120 – April 12, 2013
Table of Contents
COAL – US
COAL – WORLD
COMBUSTION TECHNOLOGIES/BOILER EFFICIENCY
§
Wood Group installing ECOMAX® Systems on Combined Cycle Power Plants
in US
§
ABB to supply Symphony®Plus System for One Unit at 590 MW Grazia
Deledda Sulcis in Italy
§
Metso Modernizing Automation System at Parichha Power Plant in Uttar Pradesh,
India
§
EDF selects Symphony Plus for Le Havre and Cordemais
§
Metso Automation for Huadian Jurong Xiashu Power Plant in China
GAS/OIL - US
GAS/OIL – WORLD
GASIFICATION
BIOMASS
NUCLEAR
BUSINESS
HOT TOPIC HOUR
For more information on the Utility Environmental Upgrade Tracking System,
click on:
http://home.mcilvainecompany.com/index.php?option=com_content&view=article&id=72
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 Environmental Upgrade
Tracking System. The cost is $125.00
for non-subscribers.
Market Intelligence
webinars are free to McIlvaine market report subscribers and are $400.00
for non-subscribers.
|
2013 |
|
DATE |
SUBJECT |
|
April 25 |
Control Technologies for Fine
Particulate Matter |
Power |
May 2 |
Flyash Pond and Wastewater
Treatment Issues |
Power |
May 9 |
Clean Coal Technologies
|
Power |
May 16 |
Power Plant Automation and
Control
|
Power |
May 23 |
Cooling Towers |
Power |
May 30 |
Air Pollution Control Markets
(geographic trends, regulatory
developments, competition,
technology developments)
|
Market Intelligence |
June 6 |
Report from Power-Gen Europe
(update on regulations, speaker
and exhibitor highlights) |
Power |
June 13 |
Monitoring and Optimizing Fuel
Feed, Metering and Combustion in
Boilers |
Power |
June 20 |
Dry Sorbent Injection and
Material Handling for APC |
Power |
June 27 |
Power Generation Forecast for
Nuclear, Fossil and Renewables |
Market Intelligence |
July 11 |
New Developments in Power Plant
Air Pollution Control |
Power |
July 18 |
Measurement and Control of HCl |
Power |
July 25 |
GHG Compliance Strategies,
Reduction Technologies and
Measurement |
Power |
August 1 |
Update on Coal Ash and CCP
Issues and Standards |
Power |
August 8 |
Improving Power Plant Efficiency
and Power Generation |
Power |
August 15 |
Control and Treatment Technology
for FGD Wastewater |
Power |
August 22 |
Status of Carbon Capture and
Storage Programs and Technology |
Power |
August 29 |
Pumps for Power Plant Cooling
Water and Water Treatment
Applications |
Power |
Sept. 5
|
Fabric Selection for Particulate
Control
|
Power |
Sept. 19 |
Air Pollution Control for Gas
Turbines |
Power |
Sept. 26 |
Multi-Pollutant Control
Technology
|
Power |
To register for the Hot Topic Hour, click on:
http://www.mcilvainecompany.com/brochures/hot_topic_hour_registration.htm.
----------
You can register for our free McIlvaine Newsletters at:
http://www.mcilvainecompany.com/brochures/Free_Newsletter_Registration_Form.htm.
Bob McIlvaine
President
847-784-0012 ext 112
rmcilvaine@mcilvainecompany.com
www.mcilvainecompany.com
191 Waukegan Road Suite 208 | Northfield | IL 60093
Ph: 847-784-0012 | Fax: 847-784-0061
Click
here to un-subscribe from this mailing
list