NR2143

NEWS RELEASE                                                                                        SEPTEMBER 2015

Detailed Forecasting Of Air and Water Monitoring Increases Accuracy and Facilitates Precise Estimates of Individual Project Opportunities

The Air and Water Monitoring Market report by McIlvaine Company includes 40,000 quarterly forecasts with divisions by each country, industry and product type.  McIlvaine also offers more detailed options which provide many additional revenue forecasts per quarter. There are three advantages to the extended forecasts.

  • Strategic: detailed forecasts are more accurate and can be directly related to the products offered by the monitoring supplier
  • Sales: detailed forecasts make it possible to assign values to all the large projects and to prioritize them
  • Facilitates cooperation among management, sales and engineering

Air and water monitoring forecasts are segmented into a number of categories.  One is the medium.  The standard forecasts provide a split between gases and liquids.  However, further splits can be made between ambient air, stack gas, process gas and products of combustion. Liquids can be segmented by water, oil, process liquids and slurries.

Another segmentation is by task including intermittent sampling and continuous monitoring. Segmentation by function includes sensors, sample conditioning, analysis and control.

A good example is the LNG industry.  Special monitoring devices and control systems are needed for gases and cryogenic liquids. With a system which delivers more detail, LNG revenues can be extracted from the total oil and gas forecast and control systems determined by country.  Furthermore, the forecasts can be segmented by the three types of operations: liquefaction, transport and regasification. 

Air and Water Monitoring Detailed   Forecasts In Oil and Gas    

Air and Gases  Forecast 2015

$ Millions

 

Water and Liquids Forecast

$  Millions

 

All Oil and Gas 

$1,000

     

All Oil and Gas 

$3000

 

Process Gases

$600

 

Process Liquids

$400

LNG Cryogenic

$70

 

LNG

Cryogenic

$150

Liquefaction

Regas

Transport

$15

  Liquefaction

Regas

$30

Transport
 

New/AM

$12/$3

   

New/AM

$25/$5

 

Per Ship

$.05

 

Per Terminal

$0.5

Per Tank

$0.01

 

Number of Control Systems Per

Terminal 3

Per Control System

$0.01

 

Control System Price

$0.17

In each segment the actual number of measurement and control systems can be determined for a specific facility or tanker.  With the price of each control system, the project order opportunity can be determined.  With this detailed forecasting it is possible to assign values to each project in the McIlvaine 71EI Oil, Gas, Shale, Refining E-Alert.  Here are three examples from the September 15 issue.

Petronas Selects Axens Technologies for Malaysia’s RAPID Project

Petroliam Nasional Berhad (PETRONAS), has selected Axens as a technology provider for PETRONAS’ Refinery and Petrochemicals Integrated Development (RAPID) project located in Pengerang, Johor, Malaysia. RAPID is part of PETRONAS’ Pengerang Integrated Complex (PIC) development, which includes six major associated facilities namely the Pengerang Co-generation Plant, Re-gasification Terminal 2, Air Separation Unit, Raw Water Supply Project, Liquid Bulk Terminal as well as central and shared utilities and facilities. RAPID is estimated to cost US$16 billion while the associated facilities will involve an investment of about US$11 billion. PIC is poised for its refinery start-up by early 2019.

Regasification terminal will generate a cryogenic liquids control and measurement opportunity of $0.5 million and $0.3 million opportunity for gas measurement. Total flow control and treatment opportunities for the project are over $200 million.

Lloyds Energy awards KBR Eurasian FLNG FEED Contract

KBR, Inc. has been awarded a near-shore floating LNG Front End Engineering Design (FEED) contract by Lloyds Energy Ltd. Under this contract, KBR will provide integrated topsides and hull engineering design services for a nominal 2.5 million TPA floating natural gas liquefaction plant (FLNG). Start-up of the project facilities is expected to take place in 2019.

This project will add about one percent to world LNG capacity and create a $1 million opportunity for cryogenic liquid measurement and control and $1.5 million opportunity for gas measurement and control systems.

Keppel contracts 3rd Floating Liquefaction Facility Conversion Worth $684 Million

Keppel Shipyard Limited (Keppel Shipyard), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has signed a contract worth approximately US$684 million with Golar Gandria N.V., a subsidiary of Golar LNG Limited (Golar LNG), to perform the conversion of a Moss type Liquefied Natural Gas (LNG) carrier, the GANDRIA, into a Golar Floating Liquefaction (GoFLNG) facility. Keppel Shipyard will once again engage Black & Veatch to provide design, procurement and commissioning support services for the topsides, as well as the liquefaction process utilizing its established PRICO® technology. The GANDRIA is a 126,000 cubic meter Moss LNG carrier. 

Each ship is a $500,000 opportunity for gas measurement and control and a $1 million opportunity for measurement and control software but not including control valves for the cryogenic liquids.

For more information on N031 Air and Water Monitoring: World Market click on: http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/106-n031

Oil, Gas, Shale, Refining E-Alert, click on:http://home.mcilvainecompany.com/index.php/databases/28-energy/991-71ei