• Contact Form
  • Submit Article
  • Terms of Use
  • Cookie Privacy
  • Privacy Policy
Thursday, January 21, 2021
Daily Oil Gas newspaer online market news
Advertisement
  • Home
  • NewsDaily
    • All
    • Asian Oil & Gas
    • Equipment & Services
    • gas prices
    • Latest News
    • oil company
    • oil jobs
    • oil price
    • Production
    • Russia Oil & Gas News
    • saudi arabia Oil & Gas
    • Transport
    • USA Oil & Gas

    Helium One Global mobilises for surface exploration at Eyasi project

    Helium One Global mobilises for surface exploration at Eyasi project

    i3Energy Plc transformed by opportune Canadian deal

    i3Energy Plc transformed by opportune Canadian deal

    Is Premier Oil Plc short selling a harbinger for Harbour Energy’s future?

    Oil Tanker Market Grapples with Negative Earnings  | Rigzone

    Column: Rapid oil price rise divides fund managers

    Column: Rapid oil price rise divides fund managers

    Kuwaiti oil price up 94 cents

    Investors Eye Aramco Oil Pipeline Bids  | Rigzone

    Ex-boyfriend of deported Russian agent pardoned by Trump – WMC

    Trending Tags

    • oil price
    • Oil
    • Energy
    • Asian Oil & Gas News
    • Russia Oil & Gas News
    • USA Oil & Gas News
    • europe Oil & Gas News
    • saudi arabia Oil & Gas News
  • Production
  • oil price
  • Equipment
  • oil company
  • Transport
  • gas prices
  • oil jobsNews
No Result
View All Result
  • Home
  • NewsDaily
    • All
    • Asian Oil & Gas
    • Equipment & Services
    • gas prices
    • Latest News
    • oil company
    • oil jobs
    • oil price
    • Production
    • Russia Oil & Gas News
    • saudi arabia Oil & Gas
    • Transport
    • USA Oil & Gas

    Helium One Global mobilises for surface exploration at Eyasi project

    Helium One Global mobilises for surface exploration at Eyasi project

    i3Energy Plc transformed by opportune Canadian deal

    i3Energy Plc transformed by opportune Canadian deal

    Is Premier Oil Plc short selling a harbinger for Harbour Energy’s future?

    Oil Tanker Market Grapples with Negative Earnings  | Rigzone

    Column: Rapid oil price rise divides fund managers

    Column: Rapid oil price rise divides fund managers

    Kuwaiti oil price up 94 cents

    Investors Eye Aramco Oil Pipeline Bids  | Rigzone

    Ex-boyfriend of deported Russian agent pardoned by Trump – WMC

    Trending Tags

    • oil price
    • Oil
    • Energy
    • Asian Oil & Gas News
    • Russia Oil & Gas News
    • USA Oil & Gas News
    • europe Oil & Gas News
    • saudi arabia Oil & Gas News
  • Production
  • oil price
  • Equipment
  • oil company
  • Transport
  • gas prices
  • oil jobsNews
No Result
View All Result
Morning News
No Result
View All Result
Home saudi arabia Oil & Gas

Saudi Ministry of Hajj and Umrah concludes participation in GITEX Technology Exhibition  

December 11, 2020
in saudi arabia Oil & Gas
Saudi Ministry of Hajj and Umrah concludes participation in GITEX Technology Exhibition  
Share on FacebookShare on Twitter


JEDDAH: Saudi Arabia’s strategy of diversifying its economy and reducing dependency on oil is creating new career paths for the Kingdom’s chemical engineers, according to one industry leader.
Ahmed Khogeer, chair of the fuels and petrochemicals division (F&PD) at the American Institute of Chemical Engineers (AIChE), said that Saudi Arabia’s efforts will not only provide independence from the effects of fluctuating oil prices but also deliver more jobs and support to businesses.
Khogeer, the first non-American to chair the division in the institute’s 11-decade history, added that most countries have plans to reduce the use of fossil fuels and encourage renewable energy sources.
“Currently, Saudi Arabia is burning valuable oil, condensates and gases to provide power and desalination. Gas is the optimal feed for the petrochemical industry and, without it, new petrochemical plants need to crack liquid oil products to produce petrochemicals, which is more expensive and less efficient,” he told Arab News.
The Kingdom’s utilization of renewable energy sources, such as solar or wind, and energy-saving efforts, such as new tariffs and high-efficiency appliances and vehicles, will spare valuable amounts of gas to produce high-value petrochemicals, Khogeer said.
Speaking to Arab News about the impact of the coronavirus pandemic on the petrochemical sector, Khogeer said: “The industry is cyclical in nature — it goes through peaks and troughs about every seven years. However, in the case of COVID-19, it was a surprise to global markets. Many industries suffered from the decline in commuting and transportation. This affected the demand for fuels, including motor fuel, jet fuels and marine.”

Saudi Arabia’s efforts will not only provide independence from the effects of fluctuating oil prices but also deliver more jobs and support to businesses.

Ahmed Khogeer, Chair of the fuels and petrochemicals division at the American Institute of Chemical Engineers

On the other hand, there has been a slight increase in residential electricity demand because of stay-at-home orders, he said.
“The petrochemical industry was severely affected. In the fuels and petrochemicals division, we had the goal to provide assistance to the engineers who were affected by the pandemic or lost their jobs due to business slowdown, providing guidance and assistance using our large network of members,” he said.
The F&PD had made similar efforts after devastating hurricanes struck the southern US coastline.
“At this time, the division is focusing on US industries even though it is the vision and goal of both the division and the institute to be the global home for chemical engineers,” he said.
Khogeer said that about 80 percent of oil production is used globally as fuels, with 70 percent used in transportation fuels such as gasoline, diesel and jet fuels. The other 10 percent is marine and heavy fuels.
“This makes fuels the most important use of oil, but not necessary the most profitable,” he added.
Khogeer expressed his pride at being elected for the new position at the AIChE, calling it “a great honor and a step in assuming the role in which our country and the region should lead.”
“We are leaders in the production of oil, fuels and petrochemicals, yet there was no presence of any Arab entity or engineers in the leadership of the AIChE’s fuels and petrochemicals division. Our region has plenty of expertise and potential that can provide many lessons learned and valuable advice to the chemicals industry,” he said.
Khogeer said that one of his goals is to extend the division globally, describing F&PD as “a valuable source of knowledge and expertise in the fields of gas, refining, fuels, and petrochemicals.”
Some members had published textbooks that are used by almost all chemical engineering departments, he added.
“Other members are famous for inventing refining and petrochemical processes that are used worldwide, including in our country. F&PD can easily connect our leaders with world-class engineers and professors,” he added.
“We had success extending the efforts of the AIChE itself globally by establishing contacts with local industries and universities, and establishing local sections and student chapters,” he said.
The institute had offered many technologies and services to local companies, helping to enhance safety and operations at process plants.
“One example was introducing the Center for Chemical Process Safety (CCPS) to Aramco about 10 years ago. CCPS is one of AIChE branches and is well known as a wealth of knowledge and experience in the field of process safety. I am now glad to see many engineers from our country attend training courses at CCPS, and CCPS experts coming to Saudi Arabia to participate in local meetings and conferences,” Khogeer said.  
Highlighting the regulation governing the nomination and election process at AIChE, he said that F&PD is the largest and the most important division in the institute.
“Membership includes top-notch professors and engineers from leading US universities and world-class energy, design and engineering companies. There are bylaws that govern the nomination and election process. Positions are decided by voting,” he said.
Candidates must have lengthy membership in the division, experience chairing sessions in international conferences and judging scientific papers, a history of volunteer work, and strong knowledge of at least some aspects of the fuels and petrochemicals industry.



www.arabnews.com

Related Posts

Oil markets watch the virus-vaccine tug-of-war – Opinion by Mriganka Jaipuriyar

by OIl News
January 20, 2021
0

As the race between humans and virus gathers pace, the oil markets can only watch this tug-of-war between a...

Column: Oil price forecasts fall in the wake of the pandemic

Column: Oil price forecasts fall in the wake of the pandemic

by OIl News
January 19, 2021
0

LONDON (Reuters) - Oil prices are expected to remain lower even once the coronavirus pandemic is over and the...

Rosneft Starts Work On Mega Arctic Oil Project

Rosneft Starts Work On Mega Arctic Oil Project

by OIl News
January 18, 2021
0

Russia is a country of superlatives. Its energy sector is one of the most important in the world where...

U.S. Shale Is Gaining Influence Over Oil Markets

U.S. Shale Is Gaining Influence Over Oil Markets

by OIl News
January 18, 2021
0

OPEC was formed in 1960 by founding members Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. For a brief period,...

President Biden Won’t Unlock a Wave of Iranian Crude – Bloomberg

by OIl News
January 17, 2021
0

President Biden Won’t Unlock a Wave of Iranian Crude Bloomberg www.bloomberg.com

Saudi Arabia unveils plan for a car-free, zero-emission city

Saudi Arabia unveils plan for a car-free, zero-emission city

by OIl News
January 16, 2021
0

Saudi Arabia recently unveiled a future beyond oil in the kingdom—a car and road-free city with zero carbon emissions....

Leave a Reply

avatar
This comment form is under antispam protection
avatar
This comment form is under antispam protection
  Subscribe  
Notify of

POPULAR NEWS

The great Texas oil shutdown has begun

The great Texas oil shutdown has begun

April 26, 2020
Oil Market Offers Wrong Type of Wow Factor

Oil Market Offers Wrong Type of Wow Factor

April 25, 2020
which companies are still paying dividends

which companies are still paying dividends

April 25, 2020
Tullow Oil PLC names former Cairn India boss, Rahul Dhir as new chief executive

Tullow Oil PLC names former Cairn India boss, Rahul Dhir as new chief executive

April 25, 2020
SDX Energy PLC higher as says testing confirms Sobhi discovery in Egypt is commercial

SDX Energy PLC higher as says testing confirms Sobhi discovery in Egypt is commercial

April 25, 2020

EDITOR'S PICK

Jet-fuelled white van man bodes ill for the oil market

Jet-fuelled white van man bodes ill for the oil market

September 23, 2020
Iran Proxies Appear Emboldened by US Drawdown Decision | Voice of America

Iran Proxies Appear Emboldened by US Drawdown Decision | Voice of America

September 20, 2020
Strategy of diversifying economy fuels ‘new generation’ of jobs in KSA

Strategy of diversifying economy fuels ‘new generation’ of jobs in KSA

December 12, 2020
Coronavirus USA and HEALS Act live updates: news, cases, deaths and stimulus checks, today

Coronavirus USA and HEALS Act live updates: news, cases, deaths and stimulus checks, today

July 29, 2020
  • Contact Form
  • Submit Article
  • Terms of Use
  • Cookie Privacy
  • Privacy Policy

© 2020 Oil Newspaper.com

No Result
View All Result
  • Home
  • News
    • Asian Oil & Gas News
    • Russia Oil & Gas News
    • USA Oil & Gas News
    • europe Oil & Gas News
    • saudi arabia Oil & Gas News
  • Production
  • oil price
  • Equipment
  • oil company
  • Transport
  • gas prices
  • oil jobs

© 2020 Oil Newspaper.com

wpDiscuz
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.