Oil & Gas IQ Glossary: Shutdowns and Turnarounds
Sometimes referred to as a TAR – shutdowns and turnarounds a highly-expensive planned period of regeneration in a plant or refinery. During this time, an entire part of the operation is offlined whilst plants are inspected and revamped. Not only are the tools and labour required for executing a turnaround extremely expensive, but the revenue lost through shutting down elements of production can amount to a significant portion of an annual budget. Turnarounds often throw up more issues than anticipated, making them difficult to keep on track, and requiring very experienced managers.
What are shutdowns and turnarounds?
December 16 by Oil & Gas IQ Editor
Oil & Gas IQ walk you through the basics of shutdowns and turnarounds, and how best to implement STO activities.
Optimising Shutdown Strategies
January 09 by Oil & Gas IQ Editor
As operators contend with narrow profit margins, volatile markets and the tightening noose of emissions control optimising, the strategic and diligent planning of a shutdown and turnaround strategy is...
Decommissioning - five complications in the asset valuation relationship
August 14 by Iain PooleDecommissioning in the UK Continental Shelf (UKCS) is going to be an expensive and uncertain businessAccording to The Decommissioning Company, operators in Europe are forecast to spend over £6...
The North Sea decommissioning dilemma
August 08 by Oil & Gas IQ EditorIn recent years, the oil price has collapsed. Vast swathes of the oil and gas producing world are now unprofitable. One region in particular is feeling the bite… The North Sea&nb...
Scotland’s biggest newspaper runs with Oil & Gas IQ decommissioning story
August 07 by Diana RaicuThe oil and gas industry is finally talking about dismantling the elephant in the roomThe tanking of oil and gas prices in 2014 has had a trenchant effect on the industry at large, with full spectru...
How to cut your shutdown frequencies by 50 per cent
July 13 by John WoodhouseExtending intervals between shutdowns is the holy grail for people with the headache of managing a large, complex, critical plant that’s continuously running. This has been further heighten...
Price woes have created a decommissioning maelstrom in the North Sea
July 07 by Tim HaïdarThe oil price collapse has seen decommissioning rocket to the top of the owner-operator agenda but is anyone truly prepared? In the past 24 months, oil and gas companies have been rocked by price...
[INFOGRAPHIC] UK Continental Shelf: The Future Of Oil & Gas Decommissioning
January 13 by Sumit DuttaWith North Sea oil and gas decommissioning activity set to boom, Mirage Machines has have brought together some key numbers to help provide a snapshot of the challenges lying ahead. This infographic b...
Refining your shutdowns [infographic]
November 25 by Oil & Gas IQ Editor
When the oil price significantly drops, most of the hydrocarbons industry goes into a state of meltdown.
Shutdowns & Turnarounds: Fishing In An Ever Smaller Sea
November 10 by Oil & Gas IQ Editor
With an ever increasing need for cost control and management of project complexities, the significance of every decision made by a TAR manager during the planning and execution stages of these events...
[INFOGRAPHIC] Shutdowns & Turnarounds 2015 - Fail To Plan & You Plan To Fail
December 02 by Oil & Gas IQ Editor
With an ever increasing need for output of assets and a strictly limited pool of talent and skills within the space, the significance of every decision made by a turnaround manager during the planning...
Shutdowns and Turnarounds in the Oil and Gas Industry
September 06 by Oil & Gas IQBuilding the ownership and improving the working environment could be one of the methods that can improve harmony within the teams and refinery turnaround.
