Universal mCloud Corp. (TSX-V: MCLD) (OTCQB: MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, today announced the launch of a new AssetCare™️ solution under the banner of the "3D Digital Twin." This solution enables mCloud to take advantage of high-precision 3D laser scanners to create digital replicas of facilities along with a suite of capabilities designed to use these 3D models to streamline field work, minimize facility downtime, and eliminate unnecessary field visits.
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.
IMPACT PLUS is the next step in improving safety and reducing the exorbitant cost of corrosion, which was outlined in the 2015 IMPACT Study. The IMPACT Study illuminated the necessity of maintaining a corrosion management plan and received broad support worldwide.
"Soon after we released the IMPACT Study we began to hear from respondents and focus group participants that they needed tools to put the report's findings into practice," said Elaine Bowman, NACE Past President and IMPACT PLUS Project Manager. "They couldn't find any products to facilitate improved practices, and asked us to develop a process that would help their companies manage, monitor and improve their corrosion management activities."
Working with APQC (American Productivity & Quality Center) the world's foremost authority in benchmarking, best practices, process and performance improvement and knowledge management—the NACE Institute developed IMPACT PLUS as an online network of tools, including a customized corrosion management process classification framework, corrosion management maturity model and an extensive reference library.
"We built a team of proven industry experts to design the IMPACT PLUS portal and its associated product suite," said Chris M. Fowler, president of the NACE International Institute. "From the start, we knew we were pioneering something that will have lasting effects on corrosion management worldwide, so we created a program that is capable of continuous advancement and customization."
IMPACT PLUS users have the option to manage their own use of the product or use a trained navigator with corrosion management and consulting expertise. Navigators will help customers evaluate and compare their current asset management strategies and advise them on future asset protection and corrosion management strategies.
- An integrated platform for corrosion management professionals seeking to move their company to higher levels of performance;
- A common language and structure needed to ensure communication throughout all levels of an organization;
- A straightforward way for companies to identify gaps in processes that could lead to the reduced lifecycle of assets due to mechanical, integrity or human error;
- A Corrosion Management Maturity Model which creates a roadmap of activities, investments and best practices that lead to higher performance;
- A reference library to manage knowledge and information collected through all components of the portal.
More from Asset Management
When a bolt has seized or a flange gasket requires inspection, Bolting Systems tools from SPX FLOW have long set the standard in the oil and gas industry. Its range of flange spreaders, hydraulic nut splitters and hydraulic nuts are well used throughout the world to help increase operational efficiency, safety and maintenance.
Aberdeen-headquartered asset integrity management firm IMRANDD is set to launch Advanced Inspection Data Analytics (AIDA), a tool which has the potential to save companies upwards of 20 percent a year in inspection costs per asset and several million dollars from unplanned outages (even preventing one days outage could save upwards of $1 million).
Metal-to-metal sealing technology is a technique that had previously been reserved for subsea oil and gas applications where meeting the most extreme operational criteria has always been required. Such criteria demand that any equipment, tools, and sealing technology must withstand extreme crushing depths where environmental pressures and temperatures will easily destroy any object that falls victim to their reach. However, now this revolutionary technology has made landfall and is changing the landscape of onshore operations. It has quickly begun presenting the opportunity to help resolve serious challenges such as, fugitive emission, as well as significantly reducing risk factors, and improving the bottom line of business.
Asset owners and coatings applicators can accelerate their lining applications and minimize asset downtime with the new Nova-Plate 360 tank lining from Sherwin-Williams Protective & Marine Coatings. The high-solids, flake-reinforced, novolac-based tank lining features single-leg spraying (along with plural airless spray capabilities), as well as the option to include Optically Activated Pigments (OAP) to enhance application success and streamline tank inspections, resulting in return-to-service times as fast as 24 hours. Once in the field, Nova-Plate 360 tank lining delivers unparalleled chemical resistance and performance. The product is also PTFE-enhanced, which eases tank cleaning processes and reduces the amount of time assets are out of service.
T.D. Williamson (TDW), the global pipeline solutions provider, has received TÜV SÜD certification for its Multiple Dataset (MDS) platform, which combines several in-line inspection (ILI) technologies on a single device.
For decades, offshore oil and gas personnel have performed insulation resistance tests with handheld megohmmeters to prevent motor and generator failures that lead to costly unplanned shutdowns, production interruptions and rewinding repairs.
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., a
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 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.
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.
Alcad, a manufacturer of nickel-technology battery solutions for industrial power backup, has supplied battery systems to form the heart of a solar-powered cathodic protection scheme at Qatar Petroleum's Dukhan Gas Field.
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.
Trimble announced that the Video Intelligence solution is now available for its Oil & Gas Services fleet customers. Video Intelligence brings together forward-facing cameras combined with an onboard event recorder (OER) to provide fleets a comprehensive view of their vehicles.
In a collaborative effort, designed to improve vital protection of offshore assets, the Oil & Gas Technology Centre (OGTC) in Aberdeen, UK is successfully conducting trials of an advanced anti-corrosion coating on two North Sea offshore platforms.
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.
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.
Connected logistics startup LoadDocs is tackling one of the oilfield service industry's most vexing daily challenges: completing paperwork in the field.
Global pipeline solutions provider T.D. Williamson (TDW) received a patent for its Positive Material Identification (PMI) process from the U.S. Patent Office.
Weir Oil & Gas, an upstream provider of pressure pumping and pressure control equipment and services, introduced its second-generation SPM Radio Frequency Identification (RFID) technology and RFID Mobile App at OTC 2018. The new RFID enhancements enable flawless iron fleet maintenance in the field, even in the most remote locations plagued with low Internet or cellular connections.
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.
UTEC, a global survey company in subsea services group Acteon, has delivered a bespoke Virtual Asset Management tool to an offshore Operator in Eastern Canada to allow its team to remotely access its Floating, Production Storage and Offloading (FPSO), from their desktop.
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.
Trelleborg Sealing Solutions announces the launch of the new polytetrafluoroethylene (PTFE) based O-Ring energized single-acting rotary seal, Turcon Roto Glyd Ring DXL. This seal is specifically designed to meet the demands of high pressure rotary applications within the oil and gas industry.
Dover announced that its "Wellsite" upstream energy businesses will be named Apergy. Apergy will be a publicly traded company headquartered in The Woodlands, Texas with the tagline: "Unlocking Energy." The spin-off transaction is on track for completion in May of 2018, subject to the satisfaction or waiver of certain customary conditions.
The MIZ-21C from Zetec Inc. is the first truly affordable handheld eddy current instrument with surface array capabilities, according to the manufacturer.
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.
Cyberhawk Innovations, a leader in aerial inspection and survey using unmanned aerial vehicles (UAVs), has been appointed by the Engineering Construction Industry Training Board (ECITB) to develop the UK's first industrial training syllabus for drones in the engineering and construction sectors.
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.
Trelleborg Sealing Solutions has expanded its HiMod Slydring HC wear ring range, introducing over 180 additional part numbers in outer diameters from 1 to 12 inches. The enhanced range becomes available early 2018, serving various fluid power applications including industrial machines, mobile hydraulics and other industries.
Pure Technologies Ltd. has entered into a definitive arrangement agreement with Xylem Inc. whereby Xylem will acquire all of the issued and outstanding shares of Pure for CAD $9.00 per share in cash, representing an enterprise value for Pure of CAD $509 million.
In the oil and gas industry, protecting massive carbon steel assets from corrosion is a continual challenge around the world, including China, particularly along coastline exposed to high humidity and salty air near oceans or other bodies of water.
In the oil and gas market, where prices and profits are volatile, cutting costs and expenses becomes a higher priority. Even with signs of a market recovery, companies must focus on viability for the long term by not compromising on productivity and safety standards. How can companies most cost-effectively manage assets in this economy?
With its big October auction in Edmonton last week, Ritchie Bros. sold more than 6,800 equipment items and trucks for CA$94+ million (US$73+ million). The four-day event held October 24 - 27, 2017, attracted more than 9,850 bidders from 47 countries, including 7,300+ online bidders.
As seasons change so do equipment fleets for many companies. Summer work is done, winter work is on its way; making October the perfect time to upgrade your gear.
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.
Texo Drone Survey and Inspection (UKCS), the dedicated Oil & Gas services division of Texo DSI - owner-operator of the world's most comprehensive and dynamic fleet of unmanned aerial vehicles - is pleased to announce the deployment of the world's first UT (Ultrasonic Thickness Testing) integrated UAV system.