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Asset Management

Continuous “hands off” insulation resistance testing of critical motors

CPC-Cryolab highlights uniseal cryogenic stainless-steel pipe coupling for extreme low temperatures

CPC-Cryolab, a CIRCOR International brand, announces the Uniseal Cryogenic Stainless-Steel Pipe Coupling for the industrial gas, cryogenic, and space industries. Featuring a Spiral-Wound gasket instead of a ground joint finish, the Uniseal Cryogenic Stainless-Steel Pipe Coupling virtually eliminates leaks caused by poor mating surfaces. This coupling offers cost savings by reducing downtime and increasing the speed of recovery. The Uniseal Cryogenic Stainless-Steel Pipe Coupling is ideal for applications where valves, regulators, and the like require routine or frequent maintenance.

Large diameter flex-hone plays critical role in oil and gas industry

In the oil and gas industry, failing to perform ongoing maintenance on equipment can have severe consequences including reducing equipment service life, causing unplanned shutdowns and degrading performance.  Ongoing maintenance is required to remove rust, corrosion and other accumulated material from the inside diameter (ID) of valves, pumps, piping, diesel engines, motors, natural gas compressors, flow meters and other large bore equipment.  Often, this maintenance work is performed in the field under harsh conditions.  

Sulzer Mixpac offers new protective coating dispensing system

Sulzer Mixpac USA, Inc., an innovator of 2-component adhesive dispensing systems, announces the availability of MIXPAC MixCoat Manual, a member of the innovative MIXPAC MixCoat cartridge-based 2-component dispensing system family. The MixCoat Manual protective coating dispensing system features a lightweight design with a unique brush assembly on a manual dispenser, which greatly increases stripe coating productivity and speed. The MixCoat Manual system is ideal for repairs and rope work on offshore oil and gas, petrochemical, marine, and bridge repair applications. 

Three keys to protecting tank farms from corrosion

With asset utilization critical and community and regulatory pressure always looming, it is essential that tank farm owners proactively prevent any loss of containment with reliable, cost effective corrosion protection.  This is crucial since atmospheric corrosion is one of the main culprits of tank leaks, containment loss, and early replacement.

RB Asset Solutions the latest addition to Ritchie Bros. service portfolio

Ritchie Bros.' latest solution for the market, RB Asset Solutions (rbassetsolutions.com), is a complete end-to-end asset management and disposition system. The new cloud-based SaaS solution brings together a suite of tools and services to help customers better manage, analyze, and sell their assets. From any internet-enabled device, customers will be able to access a complete inventory management system, data analytics and dashboards, branded e-commerce sites, and multiple external sales channels. 

Baker Hughes, SGS agree on joint deployment of corrosion management solution

SGS and Baker Hughes, a GE company, announced a Strategic Alliance Agreement (SAA) for the joint deployment and commercialization of BHGE's real-time software and sensor-based Predictive Corrosion Management (PCM) solution. Leveraging the capability of the Industrial Internet of Things (IIoT), PCM will enable asset owners to increase their ability to monitor their facilities, and detect and predict corrosion issues using real-time data powered by BHGE's ultrasonic sensing technology and advanced analytics. 

NOV launches GoConnect condition monitoring services

National Oilwell Varco, Inc. has announced the commercial launch of GoConnect condition monitoring services for intervention and stimulation equipment, which provides real-time process monitoring, predictive analytics, and condition-based maintenance capabilities for NOV's pressure pumping, coiled tubing, nitrogen, and wireline equipment. The GoConnect system uses machine learning to provide data-driven insights into the condition, health, and performance of customers' equipment and operations. The GoConnect system's capabilities allow customers to reduce downtime-related costs, enhance equipment performance, and improve operational efficiencies of completion services.

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Analytics-driven energy management aids in carbon footprint reduction

The discussion about climate change has been taking place for many years and is still a hot topic, now more than ever before. This debate has led to global initiatives to reduce carbon footprints, which is high on the agenda of almost every country's government. Regulations on a global, regional and local scale have been established to reduce greenhouse gas emissions, which heavily impacts the oil & gas industry. To achieve those goals and prove regulatory compliance, the industry is rapidly adopting the ISO 50001 standard to improve the organization's energy performance and make climate part of their corporate strategy.

Wood expands asset integrity solutions in Americas

To support a number of contract wins in Brazil and western Canada, Wood is establishing new in-country teams for its asset integrity solutions service offering. This expansion follows major successes in the region including provision of a downstream risk based inspection management program, as well as the development of subsea integrity management systems.

Shell gives Jacobs five year renewal on Scotford maintenance contract

Jacobs Engineering Group Inc. has received a five-year contract renewal from Shell Canada Limited to provide mechanical maintenance and turnaround services on the company's Scotford site located in Fort Saskatchewan, Alberta, Canada. Employing approximately 300 full-time personnel on the site, Jacobs will continue to provide mechanical maintenance and turnaround services for the full facility.

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ExxonMobil, Magnabond agree on development targeted at cementing, decommissioning and more

ExxonMobil Upstream Research Company announced that it has signed a three-year joint development agreement with MagnaBond, LLC to develop new technologies that could enhance cost-effective evaluation of well cementing, casing and tubing. The agreement was facilitated by the Industry Technology Facilitator as part of its initiative to address challenges associated with well decommissioning activities such as plugging and abandonment.

NACE releases new corrosion management platform

NACE International Institute is proud to announce the release of its innovative IMPACT PLUS corrosion management product - the world's first platform to benchmark practices and improve corrosion management. This one-of-a-kind platform is designed to advance corrosion management performance across all industry sectors, from pipelines and bridges to maritime and defense systems, and beyond. Built as a tool for management professionals, the program balances technical and business solutions by utilizing process classification frameworks, maturity models and benchmarking expertise. 

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Keyera, Chevron sign long-term midstream agreement

Keyera Corp. has entered into a 20-year midstream agreement with Chevron Canada Limited to fractionate and handle natural gas liquids from Chevron's Kaybob Duvernay operations near Fox Creek, Alberta. The Agreement includes an area of dedication that is in excess of 230,000 gross operated acres and also includes take-or-pay commitments. Under the terms of the Agreement, Chevron will deliver approximately 50% of its natural gas liquids from the area of dedication to Keyera for fractionation, storage and terminalling services on a fee-for-service basis.

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