Machinery & Equip

Upstream industry taking advantage of industrial internet

GlobalData reports that the upstream sector is witnessing more implementations of the industrial internet compared to other oil and gas sectors as they try to improve security and asset management.

Leverage digitalization for asset integrity management

Select the right management technologies for modernization.

Manage information based on each well’s lifecycle

A single source of truth can improve time-to-revenue.

VFDs: six benefits, energy efficiency

Drives: A growing emphasis on boosting energy efficiency and meeting energy requirements are increasing demand for variable frequency drives (VFDs).

Digital twins support FPS asset integrity management

Strength comes from global performance model integrated with measured data.

Equipment finance sector reporting growth in 2018

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for August was $8.9 billion, up 14% year-over-year from new business volume in August 2017.

Optimizing pump reliability and performance

Taking a proactive approach and involving an expert maintenance provider can allow offshore platform operators to deliver significant benefits to their business in the long term.

Commercial and industrial lubricant demand in U.S. to rise

Commercial and industrial lubricant demand in the US is projected to grow 1.0% annually thanks to an increase in active oil and gas rigs in the U.S., which use engine oil and fluids for lubrication.

Move past customized vendor equipment

Working with suppliers on standardizing equipment procurement can lower costs, simplify processes, and save up to 50% in engineering resources.

Facility management addressed by building technologies

Security and safety enhanced by integration and standardization.