Midstream companies are a key link in the oil and gas sector and provide the transportation network that brings hydrocarbons from producers to refiners and ultimately to consumers. Despite having this important role, midstream companies are not without challenges and they often suffer from inefficiencies that impact the bottom line. Most of the inefficiencies… read more →
By Kai Y. Wan with contributions from Ivan Parra Tepedino The COVID-19 pandemic has impacted many industries, especially the Oil and Gas industry. This sector simultaneously experienced a price collapse, a supply glut, an unprecedented demand decline and a health/economic crisis. Additionally, the sector’s poor structural and financial health caused the oil and gas industry… read more →
At a refinery, gasoline is produced to regulatory or customer demanded specifications, and exceeding these specifications is considered gasoline quality giveaway, costing individual refineries millions of dollars a year. What is gasoline quality giveaway? Let’s say a gas station selling premium gasoline as 91 octane – this is a specification. If a refinery produces a… read more →
As processors and storage become cheaper and more efficient, more and more companies want to analyze increasing amounts of data and use artificial intelligence to support Risk Based Decision Making; and refineries are no different. Predictive Maintenance offers refineries an opportunity to determine the current condition of equipment to predict when a failure will occur…. read more →
In any equipment intensive sector, there is almost never a quiet day – and a refinery is no exception. Even the best-planned days can be full of interruptions – failures and other unplanned events that disrupt the schedule and cause system slowdowns or outages. But a well-curated and properly executed Work Management Process can smooth… read more →
Performance consulting, by definition, deals with the integrity and effectiveness of processes. At Trindent Consulting we know that process effectiveness is impossible to achieve without also addressing two important aspects of every organization: The system, which measures and guides the process, and the behaviour of process participants, which is a direct response to the system…. read more →