Ensure Safety and Efficiency for Your Oil and Gas Plant With Our Process Instrumentation Solutions
Process Instrumentation in the oil and gas industry
Without doubt the Oil and Gas industry is changing, but the need for accurate process instrumentation to assist in all applications, be they upstream, midstream, or downstream is still essential. Process instrumentation measures four essential operating parameters; pressure, temperature, flow and level.
Some of the more traditional energy providers are still essential as we continue to navigate our way to being carbon neutral. The oil and gas industry gained record profits in 2022, with 4.39 billion metric tons being consumed. Whilst the need for Carbon Net Zero is creating uncertainty regarding the future of oil and gas, the demand for both is still increasing. Companies within this sector will continue to supply traditional energy in the immediate future, but are all looking to transition to clean energy in the next decade. Investment into clean energy by oil and gas companies has risen by an average of 12% a year since 2020 and is expected to account for 5% of oil and gas capital expenditure, which is 2% up from 2020.
However, various factors influence the pace at which oil and gas companies invest in clean energy. Extra bureaucracy, permits and finances for new energy investments remain a genuine hurdle. The relative price of other fuels can also influence how attractive green energy investment can appear, with demand increasing for the more affordable option by consumers. Biofuel production, as an example, relies on the production of grains and other food products. Increased demand for food could mean that there is less to be used for biofuels. As the global population grows, people and our basic needs seem to make the shift to sustainable energy problematic.
Our Products
Understanding how essential process instrumentation is to this valuable industry, we ensure our switches, transmitters and conductivity probes are built to a range of international standards, including explosion-proof and intrinsically safe, all to give our oil and gas customers peace of mind whilst they are working in harsh environments.
Our instrument specialists can help you with the selection process and provide the support, advice, and fast response that you need.
Below is a small selection of our range of products for the oil and gas industry.