Oilgas Resources

Oil and gas refinery (petroleum refinery) is an industrial process plant where crude oil is transformed and refined into more useful petroleum  products such as petroleum naphtha, gasoline, diesel fuel, asphalt base, heating oil, kerosene, liquefied petroleum gas, jet fuel and fuel oils. In various ways, in term of technology, oil refineries can be considered as types of chemical plants.  Conventional Oil refineries are typically large, sprawling industrial complexes with extensive piping running throughout, carrying streams of fluids between large chemical processing units, such as distillation columns. Modular refinery is not as large as conventional oil refinery but it has same basic operational units. Petroleum refineries are very large industrial complexes that entail many different processing units and auxiliary facilities such as utility units and storage tanks. Each refinery has its own unique arrangement and combination of refining processes largely determined by the

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 Diagrammatic representations of a typical vertical, elevated flare stack system in an industrial plant. During operations, when industrial plant equipment items are over-pressured, the pressure relief valve is an essential safety tool that automatically releases gases and sometimes liquids. Those pressure relief valves are essential by industrial design codes and standards as well as by law. The released gases and liquids are directed through large piping systems known as flare headers to a vertical elevated flare. The escaped gases are burned as they exit the flare stacks. The size and brightness of the resulting flame is determined by the flammable material's flow rate in joules per hour (or btu per hour). Majority of industrial plant flares have a vapour-liquid separator(also called a knockout drum) upstream of the flare to remove any large amounts of liquid that may go along with the relieved gases. Steam is f

                               Poto: wowplus Experts have called for executives to enable the Nigerian oil and gas sector to benefit from the so-called blockchain digital accounting system, as it is becoming a globally recognized solution. . With $ 2.5 million in new funding from the US-based Rocky Mountain Institute, about a dozen utility companies at the Energy Web Foundation (EWF) to expand blockchain use in the sector, technology in the oil industry has remained irresistible. Blockchain, described as an open and distributed registry that can record transactions between two parties in an efficient and verifiable and permanent manner, provides a singular network, with a constantly growing list of records called "blocks". Technology, which reduces transaction costs by keeping a single logical copy of transaction records, would help the industry avoid the need for reconciliation and settlement, which could be a game changer for the energy sector. A Deloitte-led r

                                                   (Photo: Hughes) In order to lead the President Muhammadu Buhari-led administration towards transparency and accountability in the conduct of government affairs, about 254 indigenous and foreign entities have submitted bids for the sale and purchase of the federal government's crude oil under the crude oil 2018/2019 term contracts. NNPC Group Managing Director  Maikanti Baru said the exercise was aimed at promoting greater participation of Nigerian companies while maintaining world-class standards. He said that best practices would be adopted in the selection of bidders because he promised fairness and just treatment in the process.  "I want to remind the general public that the crude oil futures contract is not a supply contract but a process of selecting partners for the sale and purchase of crude oil stocks of the NNPC ". Malam Mele Kyari, Group General Manager, Crude Oil Marketing Division, said tha

A gas flare, otherwise known as a flare stack, is a gas combustion device used in industrial plants such as oil and gas refineries, chemical plants, natural gas processing plants as well as at oil or gas production sites having oil wells, gas wells, offshore oil and gas rigs and landfills. Gas flaring is an essential part of the exploration, production and processing of natural gas, liquids and oil from shale. Gas flaring is the controlled burning of natural gas and a common practice in oil and gas exploration, production and processing operations. Flares produce heat and noise and large flares can be quite noisy as a result of the volume and velocity of the gas going through the flare stack. In industrial plants, especially in the oil and gas sector, flare stacks are primarily used for burning off flammable gas released by pressure relief valves during unplanned over-pressuring of plant equipment. During plant or partial plant startups and shutdowns, flare stacks are also alwa

In the Nigeria`s oil and gas sector, NNPC does not relent in its efforts to restore the glory of the sector. The Nigerian National Petroleum Company (NNPC) revealed the phenomenon on Monday after a bush fire  accident on January 2, 2018, detonated a section of the ELP in Abakila, Ondo State. According to a statement by the Group's General Manager, Public Affairs Division, NNPC, Abu Dhabi, Ndu Ughamadu, the pipeline repair works followed the directive of the Group's General Manager, Dr. Maikanti Baru, to carry out a damage assessment with a view of getting a prompt solution. According to NNPC's statement, the incident affected the gas supply of customers in Lagos, Ogun and Ondo, with the subsequent closure of a number of power plants. However, he noted that with the rehabilitation of the ELP and the resumption of gas supply, the power plants with a combined capacity of 1,143 MW would restore electricity production. The plants include: Egbin Power Station in

 Dr. Maikanti Baru, the Group Managing Director of the Corporation, made this commitment to the Nigerian Content Committee's investigative hearing on a petition by Nigeria's native ship (Vessels) operators over alleged disregard of Nigeria's development law. Oil and gas content by Total Upstream Nigeria Limited in its contract awards to the National Assembly today.  In a statement by the Ndu Ughamadu Group General Manager, Group Public Affairs Division, NNPC, the Indigenous Vessels Operators Association of Nigeria petitioned the Senate Committee on Nigerian Content regarding the cancellation of its members' bids for the supply of Platform Support Vessels (PSV) and Terminal Support Vessels (TSV) by Total.  Addressing the committee, the GMD, the GMD who was represented by the Group General Manager, National Petroleum and Investment Management services,NAPIMS, Roland Ewubare, said: "any serious economy develops on the strength of the private sector, it is our

Studies have shown that many of  Nigeria`s endowments have not been developed for domestic application and export because of many factors, particularly limited investments. In the oil and gas sector, with about 37 billion barrels of oil reserves and 192 trillion cubic feet of gas reserves, there is no doubt that Nigeria remains a major destination for oil production and export in the Gulf of Guinea. In order to foster oil and gas sector,  Federal Government’s planned Nigeria International Petroleum Summit, NIPS scheduled for Abuja from  February 19 -23, 2018, which would become very  relevant. Mr. James Shindi, the project director of the first edition of the summit, said in an interview that: "In the context of ongoing reforms in the oil and gas sector and as a contribution to the Nigerian and African oil and gas industry, the federal government The government has officially taken the stand to organize an annual national event with all relevant government support and will c

In Nigeria's oil and gas sector, progress in developing oil resources has contributed immensely to global energy demand and economic development in recent decades. It has left profound negative impacts on the natural environment pollution and adverse effects on human health in most of the world's oil and gas producing host communities. The Niger Delta region has experienced a wide range of environmental pollution, degradation, risks to human health and socio-economic issues related to oil exploration, development and production in Nigeria. The delta covers 20 000 km² within wetlands of 70 000 km² mainly consisting of sediment deposits. Home to 20 million people and 40 different ethnic groups, this floodplain accounts for 7.5% of the country's total area. It is the largest wetland and maintains the third largest drainage basin in Africa. The Delta's environment can be broken down into four ecological zones: coastal barrier islands, mangrove swamp forests, freshwate

In its quest to meet growing global energy demand, the oil and gas industry has become one of the largest users - and leading innovators - of High Performance Computing (HPC). As natural resources become depleted and the cost of their access increases, highly sophisticated computer modeling becomes an essential tool in the exploration and development of energy. Advanced calculation techniques provide a high-fidelity model of the subsoil, allowing oil and gas companies to better understand the geophysics of the region they are exploring. A clearer image of the earth allows for targeted drilling, lower acquisition costs and minimal environmental impact. In an industry where time is money, powerful and sophisticated computational modeling provides a competitive advantage. Finding economically viable reserves is like finding a needle in a haystack. The journey from field exploration to the first oil is long and expensive. Energy companies rely heavily on seismic data and derived data

Midwestern Oil and Gas, a marginal field operator, awarded forty-two scholarships to different categories of students in Delta State, in compliance with its corporate social responsibility (CSR). The Managing Director of Suntrust Oil Company (Midwestern Oil and Gas Partner), Rachel Akhuetie, presents the bursary proposal to one of the Secondary Category recipients at the Kwale Awards Ceremony State of the Delta. Similarly, the company has also donated a modern block of five classrooms to the Ogbeani community, Kwale, Delta State. The company's chief executive and chief executive, Mr. Charles Odita, an engineer, who announced the awards the day before yesterday in Kwale, Delta State, at an elaborate ceremony that attracted industry players and Community leaders, noted JV (Suntrust Oil Company) partners are constantly looking for ways to improve the lives of our people in the host community and in Delta State in general. Odita explained that the company's CSR philosophy is

Pollution includes contaminants in the air, in water, or on land. In areas where oil and gas development is prevalent, air, water and soil resources can become contaminated with oil and gas wastes and byproducts. Pollution that can result from producing, distributing, and/or using oil, and natural gas as well as the equipment and procedures adopted.  Natural environments and human health can be negatively affected by pollutants released during energy production and use depending on the level of chemicals or pollutants released. The most common forms of oil and gas pollution are air and water pollution, which can occur at any stage of production or use. Oil and natural gas do not produce the same kind of pollutants, and some of these pollutants can be more toxic than others. Toxicity Toxicity refers to the ability of certain materials to cause harm or death to a living organism. In sufficient quantity, any chemical can be toxic and become harmful. For instance, water intoxicati