Asset Management News

Tags
Asset Management
Industry News

Attitudes shifting in purchasing approach for oil companies

The price of products and services trails other significant factors, such as value, life cycle, and durability as a purchase priority, according to a recent independent survey of oil and gas professionals making procurement decisions, conducted on behalf of Trelleborg’s oil and marine operation. Despite challenging times for the industry, when asked to rank different factors affecting their decision to purchase an oil hose, respondents listed ‘durability and life cycle’ as ‘vital’ over 80% of the time. The next most ‘vital’ factors were ‘aftersales support and service’, and ‘ease of installation’ at 32% and 28% respectively.

Read More

Tags
Asset Management

Industry looks for safer approach to reducing dropped object dangers

Natural disasters such as raging winds and seas may appear to create the greatest risks to offshore oil platforms and gas rigs, however safety related and life threatening accidents continue to plague operations and raise significant concerns with corporate leaders. It’s the growing number of reportable incidents and near misses that occur when overhead objects – equipment and tools – drop from hundreds of feet above a work area due to improper fastening and unreliable means of securing. 

Read More

Tags
Asset Management

C rail and light crane systems designed for explosion and hazardous areas

J D Neuhaus, world leader in air hoists, cranes, trolleys and monorail hoists, is now introducing a range of C rail and light crane systems for operation with the company’s established and successful mini air hoist range. Both the C rail/suspension tracks and the light crane systems are rated for use in explosion and hazardous dust-laden areas up to ATEX Zone 2, 22.

Read More

Tags
Asset Management

Rupture disk miniaturization meets industry challenges

For more than 85 years, the rupture disk has served as an effective passive safety mechanism to protect against overpressure or potentially damaging vacuum conditions in oil and gas storage tanks and other enclosed vessels.  However, as these pressure relief devices become increasingly miniaturized to sizes as small as 1/8” to meet the demands of a new generation of smaller, lighter applications, the industry is running squarely into design and raw material challenges that often require reengineering the product itself.

Read More

Tags
Asset Management

Ritchie Bros. to provide corporate asset management services for Shell

Ritchie Bros. has signed an enterprise framework agreement with Shell, for redeployment or sale of industrial assets and equipment. Ritchie Bros. will be leveraging its integrated suite of asset management tools to implement a cloud-based solution for Shell—allowing for easy redeployment of assets within the Shell organization or sale of surplus assets to third parties. 

Read More

Tags
Asset Management
Pipelines

Canadian pipeline inspection division picking up speed in US market

Pure Technologies Ltd. announced today that its oil and gas pipeline integrity division, PureHM, has recently received purchase orders totalling over $3 million from U.S.-based pipeline companies for inspection work to be executed in the first half of 2017. PureHM believes this is an early indication of its U.S. expansion strategy which began in early 2015. This new work includes confirmation of containment surveys using the Company's proprietary SmartBall technology on major pipeline infrastructure connecting refineries in the U.S. Gulf Coast to communities throughout the South and Eastern United States. 

Read More

Tags
Asset Management

Larson Electronics releases Class 1, four foot, six-lamp fixture with acrylic lens

The Larson Electronics HALS-48-6L-ACR-T5HO Hazardous Area Fluorescent Light Fixture.

Larson Electronics has added to its extensive range of industrial grade lighting equipment with the release of a Class 1 Division 2 explosion proof four foot, six lamp fixture that provides operators with a very durable, reliable, and affordable lighting solution for open areas where flammable chemicals and vapors may occasionally be present.

Read More

Tags
Asset Management
Transportation

Video Monitoring Simplifies Site Surveillance Needs

The remote nature of oil and gas operations has generated a range of devices that detect, track and transmit information at wellheads and pipelines to offices sometimes thousands of kilometres away. Advances in remote-monitoring instrumentation have increased safety and reliability of equipment, and also cut down on in-person visits, significantly lowering operational costs.

Read More

Tags
Asset Management

Spray grease gun system options

Beka-Lube Products Inc. has introduced three new lines of professional-grade pneumatic spray grease gun systems depending upon the amount of surfaces that need to be covered. Service technicians have more options with a cleaner, cost effective and more efficient way to maintain proper lubrication on telescoping booms and other large or chain-type surfaces. The LubeJet-eco system works with refillable, efficient and economical screw-type cartridges that keeps reloads fast, simple and clean. Easily portable and ideal for field service applications, it simplifies the job.

Read More

Tags
Asset Management

Mobile lubrication system

A new mobile lubrication system provides storage and dispensing of lubricants, cutting oils, bearing oils, hydraulic fluids, transmission fluids and engine oils for plants requiring lubrication maintenance at multiple locations over a large area.

Read More

Tags
Asset Management
Transportation

Portable deep marking system

This portable deep marking system can be used to produce permanent marking at unrivalled depths. Remarkably quiet in operation, this equipment is notable for its flexibility and ease of use, and all that is required for operation is a standard electrical supply (between 90 and 230 V). Whether being used on tubes or a flat surface, users need only position it on the part, without the need for any clamping or positioning tools. It is designed for use on pipes of all kinds (oil, gas, mining), lifting equipment (pallet trucks, forklift trucks), works vehicles, boatbuilding, or structural steelwork.   Technifor  

Read More