Leaving gas behind is currently not an option. Even today, gas and oil are still used intensively in the production of fuels, electricity, heat and chemical products, to name a few examples. And these times are more challenging than ever, as drilling for oil and gas now has to be carried out at even greater depths. This also increases the demands on valves.
Along the entire value chain – from extraction, via transport and intermediate storage, to processing and distribution – a wide variety of valves are used. With greater drilling depths, the pressures and temperatures increase along with the requirements. The valves, made of special seawater-resistant materials, must be insensitive to vibrations and pressure fluctuations.
According to the International Energy Agency (IEA), global oil production could increase from just under 100 million to 105.7 million barrels per day between 2022 and 2028. Photo: Pixabay
Increasing demand in the medium term High-quality components from the valve industry are needed more than ever. Although the global energy transition will reduce the demand for fossil energy in the long term, the medium term will see an increase in demand. The International Energy Agency (IEA) estimates that from 2022 to 2028, the global oil production volume will increase from almost 100 million to 105.7 million barrels per day. Exhibitors at VALVE WORLD EXPO will be showing in impressive style that the valve industry is ready to meet the growing demands of the oil and gas industry.
Explore the trends and highlights from the valve industry at VALVE WORLD EXPO from 3 to 5 December 2024 in Düsseldorf. Find the latest industry news and product information on the Internet portal at www.valveworldexpo.de.