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VIS Multiphase Flow Meter
2015-08-24 12:00:09| oilandgasonline Downloads
Multiphase flow metering near production wells has become a key requirement for the oil and gas sector , removing the need for test separators, large vessels where the different phases are separated (mainly by gravity) and then measured through standard single-phase techniques. Conventional test separators are expensive, introduce delays due to the relevant processing times and have a large footprint that is especially troublesome in off-shore production sites.
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California Dam Lets Water Shared by Farms Flow to Salmon
2015-08-22 23:19:00| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: With water scarce in Northern Californias Klamath Basin, a federal agency is again releasing water into the Klamath River to prevent a repeat of the 2002 fish kill that left tens of thousands of adult salmon dead. That move could lead to a renewed fight about the Klamath River, which has long been subject to intense political battles over the sharing of scarce water between farms and fish. Three tribes depend on the rivers salmon for subsistence and ceremonial needs, and a fourth is looking forward...
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Refinery Turns To Thermal Mass Flow Meter For Safety-Critical Nitrogen Tank Blanketing
2015-08-20 17:27:38| oilandgasonline News Articles
An independent Midwest refiner operates refineries in multiple states with a combined crude oil processing capacity of more than 500,000 barrels per day. The company recently approved a project to improve the safety of its plant and reduce its costs for nitrogen gas used for tank blanketing. Read the full report to learn more.
Flow Meters Offer Low Maintenance
2015-08-07 15:39:24| Chemical Processing
Electromagnetic flow meters are ideal for applications where debris is present.
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Vimpelcom to focus on cash flow as revenue fall continues
2015-08-06 10:07:00| Telecompaper Headlines
(Telecompaper) Vimpelcom reported a sharp fall in second-quarter results due to negative currency effects, while announcing a new plan to focus on cash flow going forward. The company said it was still on track to meet its 2015 targets, after a 2 percent organic fall in Q2 revenues and 3 percent organic drop in EBITDA for the period. On a reported basis, revenues were down 26 percent year-on-year to USD 3.76 billion, hurt by the stronger dollar, and EBITDA fell 17 percent to USD 1.51 billion. The EBITDA margin dropped to 40.2 percent from 41.0 a year ago. Net profit was still up 8 percent to USD 108 million. Vimpelcom reduced capital expenditure 34 percent to USD 674 million in the quarter, while operating cash flow was still down 21 percent to USD 836 million. Over the full year, the company narrowed its capex range to 18-20 percent of revenue, rather than the earlier target of 20 percent, as part of its new focus on cash flow. The outlook was otherwise maintained, at flat to slightly lower revenues on an organic basis and flat to 1 point lower EBITDA margin. The net debt ratio was also improved to a target of 3.1x EBITDA from earlier guidance of 3.2, compared to a result of 2.6 at the end of June. The new CEO Jean-Yves Charlier presented a new six-point strategy for the group going forward, with more details to be unveiled at an analyst meeting in October. The main target is to generate an additional USD 750 million in annual free cash flow within the next three years.
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