More dynamics in recovering oil and gas market

A faithful supporter of the European Flow Measurement Workshop right from the beginning, SICK will be attending the Workshop as a Gold Sponsor again. SICK is one of the world’s leading producers of sensors and sensor solutions for industrial applications. The company provides solutions that create the basis for controlling processes securely and efficiently. SICK provides flow measurement solutions and systems for natural gas, steam and industry gases and is a leading manufacturer of ultrasonic gas flowmeters for custody transfer, flare and emission control.

Jörg Wenzel, Head of Product Marketing Services and Product Management at SICK, addresses the recovery of the oil and gas market. After several years of decline, the trends seem to be on the up again. “Indeed, the market is slowly recovering, projects are being restarted. The market today is more dynamic than before. Approved investments tend to be realized in real-time, as people fear the next break. That puts pressure on project execution times and lead times. At the same time, cost pressure is high and the industry demands more efficient flow solutions. New technologies certainly benefit from this fact. ”

Global transition of the energy sector
Companies across the board should prepare for the years to come. “The global transition of the energy sector is ongoing. Natural gas is a key part on the way to reducing greenhouse gases. The infrastructure for natural gas develops on a more granular basis: small-scale liquefied natural gas, compressed natural gas, decentral power-to-gas plant are some examples. At the same time measurement tasks get more demanding: gas compositions change fast, other gases need to be measured in the natural gas supply chain, such as hydrogen and CO2. Also emission regulations change due to global pollution and increasing energy demand.  The European Flow Measurement Workshop can help to stay up to date with these trends and challenges – bringing together the market changes with technological developments.”

Mr. Wenzel will be one of the SICK experts that will attend the Workshop. “The European Flow Measurement Workshop is an excellent place for networking, sharing and interaction between experts. That has always been the great benefit of such conferences. The EFMWS in particular strengthens the flow community in Europe and supports global competitiveness.  The liaison with Enagás is very exciting and we are looking forward to great presentations and good discussions.”

 

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