To demonstrate that CO2 pipelines can be operated safely and to ensure the risks are well understood, industry stakeholders have asked DNV GL to initiate a Joint Industry Project (JIP) "CO2 Subsea Releases - Small Scale Experimental Programme''. Several major operators have already joined the 'Sub-C-O2' JIP including National Grid, ENI, and Petrobras, but there is still time for others to join.
- DNV GL Cooperates With Industry to Address Risks from Offshore CO2 Pipelines
- Wurldtech Launches New Achilles Industrial Next Gen Firewall to Deliver Comprehensive Security for Operational Technology Environments
Wurldtech Security Technologies announced the release of its Achilles Industrial Next Gen Firewall (NGFW) for operational technology (OT) environments. This purpose-built OT security solution monitors network traffic and blocks unexpected and malicious activity to help ensure maximum uptime and secure productivity for industrial operations.
- Intel & Cisco Developing “Predix-Ready” Devices for the Industrial Internet
GE announced an expanded working relationship with Intel and Cisco to seamlessly connect the growing number of machines, systems, and edge devices to the Industrial Internet regardless of manufacturer. These co-innovations will allow operators to integrate Predix, GE's software platform for the Industrial Internet, into existing infrastructure.
- Xodus Group, Saipem and Chiyoda Join Forces to Set Up New Subsea Company
International energy consultancy Xodus Group announced the launch of a global subsea engineering company in partnership with major oil and gas contractor Saipem and mid and downstream oil and gas giant Chiyoda Corporation. The new organization plans to challenge the largest tier one subsea engineering companies for a share of the global market.
- Unconventional Water Sources for Thermoelectric Power Generation Cooling --- Part 2: Reclaimed Water
A recent report by Bank of America Merrill Lynch Global Research predicts that by 2030, global demand for water will outstrip supply by as much as 40 percent, leading to dramatic political and sociological developments. This report warns that, by 2050, as many as 50 nations could be involved in water conflicts. The report urges governments and corporations to invest in water reuse technologies, as the current path could lead to devastating consequences that could put up to 45 percent of projected GDP at risk.
- Industrial Ethernet Continues Downward March in the Automation Hierarchy
ARC Advisory Group's latest research into industrial Ethernet devices reveals that this technology continues its sustained march downward in the automation hierarchy. This has generated increased user acceptance and significant annual increases in shipments within the overall slow-growing automation hardware marketplace. Continued recognition of, and additions to, the industrial Ethernet value proposition, coupled with lack of saturation in key device segments, are primary catalysts behind this phenomenon.
- GE Announcements from GE’s Minds + Machines Event
These announcement were made during GE's Minds + Machines event in New York City as part of a new suite of software and services solutions unveiled by GE's Chairman & CEO Jeff Immelt.
- Industrie 4.0 Gains Surprising Traction in China
ARC Advisory Group attended Siemens Industry 2014 China Forum, held this summer in Beijing. During the event, Feng Fei, Director of Industry Policy Division under the Ministry of Industry and Information Technology (MIIT); Prof. Russwurm, Member of the Managing Board of Siemens AG, and CEO of Siemens Industry; Mr. Herrmann, CEO of Siemens Ltd., China; and other senior executives from Siemens China participated and delivered speeches.
- Real-time Maintenance Execution
Effective asset performance management (APM) requires real-time maintenance execution so maintenance tasks can be planned and performed when needed based on actual operating and asset conditions. This helps avoid critical equipment failures and associated unplanned equipment downtime. This approach involves integrating technologies, people, and processes to provide the right information at the right time.
- OpenText Addresses Critical Asset Integrity Issues
Asset integrity is the ability of an asset to perform its required function effectively and efficiently while protecting health, safety and the environment. Asset integrity management helps ensure that the people, systems, processes and resources that deliver integrity are in place, in use, and can perform as required over the whole lifecycle of the asset. Asset integrity management is one of the biggest challenges and primary concerns for asset-intensive industries like oil & gas.
- MicroSeismic’s New Permeability Tool to Maximize Recovery
MicroSeismic has released PermIndex, a proprietary microseismic-based permeability tool to maximize recovery. PermIndex provides permeability estimates for each frac stage and data-driven constraints to reservoir simulation to help operators improve production forecasting and estimated ultimate recovery (EUR).
- Dover’s Acquisition of Accelerated Companies to Help in the Development of Cavity Pump Applications
In line with its expansion strategy, Dover purchased Accelerated Companies for $430 million, subject to a customary adjustment for working capital, to bolster its position in the U.S. shale market.
Headquartered in The Woodlands, Texas, Accelerated Companies' core offerings include electric submersible pumps (ESP), hydraulic jet pump systems, gas lift systems, surface pumping and modular process systems for filtration, separation, heating and other fluid handling operations.
- Moog Animatics Introduces the New Class 6 Industrial Ethernet SmartMotors in Both Standard and High Pole Count Versions
Moog Animatics' new Class 6 SmartMotors have a new powerful processor that operates at nearly twice the processor speed of Class 5. The PID rate is fixed at 62.5u seconds with 64K User program memory (twice that of prior SmartMotors) and larger Cam point memory space for cam tables to >3K points. These SmartMotors are able to support Standard Industrial Ethernet protocols including: EtherCAT and PROFINET, and they are able to support both standard and high pole count commutation.
- Senior Executives from Industry and Government to Address Key Technology Challenges at 2015 ARC Industry Forum
Forum Presentations Will Focus on Applying New Disruptive Technologies in Industrial Applications
- India Economic Analysis and Related Process Industries Trends
India's Minister of Finance presented the flagship annual Economic Sur-vey in the parliament on July 9, 2014. This was a day prior to the announcement of the Budget, which reviews and summarizes the country's economic performance, highlights the Government's policy initiatives, and discusses short- and medium-term prospects. In FY 2013-14 (the nation's financial year runs from April 1st to March 31st), India's GDP grew and marginally improved to 4.7 percent as compared to 4.5 percent the previous year.
- Tokyo Forum 2014 Focuses on Industrie 4.0, IoT, and Big Data
More than 200 managers and senior engineers from the factory and process automation fields in Japan attended the recent ARC Tokyo Forum 2014, where they had a good opportunity to acquire knowledge of the latest developments and trends in manufacturing, including approaches for safer, more secure and sustainable operations. Forum participants frequently heard the three key expressions: transition, information-driven, and connected during many of the presentations. The speakers reinforced these major Forum themes.
- Synchronize Automotive Production among the OEM and Suppliers
Automotive assembly plants require precise timing, synchronization of incoming materials from over a hundred suppliers, and agility for customer demands. OEMs require short response time and assign financial penalties when a supplier commits an error. Software integration and communications among the OEM and suppliers can help solve this problem, but support and management often consumes the budget. Proven and supported software could provide a way out of this trap.
- Schneider Electric’s First Oil & Gas User Group Conference in India Shows Commitment
- Siemens to Acquire Camstar, Extending Leadership in Industrial Digitalization
Siemens has entered into an agreement to acquire Camstar Systems, Inc., one of the proven market leaders in enterprise Manufacturing Execution Systems (MES) software. The acquisition will build on Siemens' industrial digitalization strategy by broadening its integrated product development and production automation solutions for the electronics, semiconductor and medical device industries. This announcement represents the latest step to help companies realize innovation with a truly integrated digital enterprise.
- Enterprise Maturity of MongoDB Grows Steadily
- Powerful Sensing for the Industrial Internet of Things
Smart and Powerful Sensing Nodes
Sensing for the emerging Internet of Things has been characterized by the use of extremely "smart" and wireless network edge nodes, such as smartphones in the consumer electronics space. Not only do these devices contain powerful sensing, they have significant on-board signal processing, storage, and networking resources; providing the potential to aggregate and analyze data locally at the network edge and in the Cloud.
- Siemens India to Establish Six Centers of Excellence in Gujarat, India
A Memorandum of Understanding (MoU) has been signed between the Gujarat Government and Siemens India to establish 6 centers of excellence (COE) in six engineering colleges to provide higher education facilities in various engineering disciplines. Similar MoUs had been signed with them for five COEs in the past.
- Matrikon Releases Industrial UA Modbus Gateway
Matrikon announced the release of the Matrikon Industrial UA Modbus Gateway, housed in a small form factor gateway that provides secure, powerful and broad connectivity to access data from RTU's, PLCs or any other devices that use the Mobus data protocol.
- GLOBALFOUNDRIES to Acquire IBM's Microelectronics Business
IBM and GLOBALFOUNDRIES announced that they have signed a Definitive Agreement under which GLOBALFOUNDRIES plans to acquire IBM's global commercial semiconductor technology business, including intellectual property, world-class technologists and technologies related to IBM Microelectronics, subject to completion of applicable regulatory reviews. GLOBALFOUNDRIES will also become IBM's exclusive server processor semiconductor technology provider for 22 nanometer (nm), 14nm and 10nm semiconductors for the next 10 years.
- Rockwell Automation’s New Dynamix 1444 Monitors Help Prevent Downtime and Damage to Critical Machinery
Manufacturers can monitor and protect machinery at a lower total cost of ownership with the Allen-Bradley Dynamix 1444 Series monitors from Rockwell Automation. The new integrated condition-monitoring system allows manufacturers to leverage the Rockwell Automation Integrated Architecture system, rather than an isolated condition-monitoring device, to assess current equipment health, predict potential issues, and help avoid damage to critical machinery.