Flow Measurement and Custody Transfer

When you’re transferring ownership of high-value raw and refined assets like petroleum and crude oil, you need to know you’re getting highly accurate, custody transfer-level flow measurements that meet the strict requirements of regional authorities.

Flow measurement is essential in many industries such as the oil, power, chemical, food, water, and waste treatment industries. In a typical processing plant, a flow measurement inaccuracy of less than one per cent could easily result in a loss of revenue of several million dollars per year. These industries require the accurate, precise and repeatable determination of the quantity of fluid either gas, liquid, or steam, that passes through a checkpoint, in their daily processing or operating.

In this  Measurement and Custody Transfer training course, participants will gain sound and practical understanding and extend their knowledge of Custody Transfer and Flow Measurement systems, principles and types, and how to assess their impact on the strategic and tactical aspirations of the company.

This course will enable participants to understand the basics of the devices that are key to the financial success of the organisation. The course is unique in the sense that participants will be exposed to look at all measurement devices for financial transactions, including production allocation and custody transfer.