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Asset Management

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. 

François Marti, SGS Chief Operating Officer North America, and Holger Laubenthal, CEO of Inspection Technologies for BHGE, signed the SAA in the presence of customers and company officials during a recent conference in Houston.

"This partnership with BHGE will enable SGS to broaden its asset integrity service offering with advanced digital inspection solutions that will greatly benefit our oil & gas clients," said François Marti, SGS COO North America.

PCM generates wall thickness and temperature measurements from Rightrax PM ultrasonic sensors placed on critical equipment such as pipes, tanks, and vessels; the solution applies advanced analytics, resulting in real-time assessment of data that has traditionally been gathered through risky and time-consuming manual inspections. While particularly valuable to oil & gas downstream, petrochemical, and upstream asset operators, PCM can help any industry segment challenged by corrosion-related risk.  PCM is one essential tool to help asset owners benefit from enhanced plant reliability and integrity programs, while maximizing operational safety and extending asset life. 

"PCM is one of our core offerings to help customers make the invisible, visible," said Holger Laubenthal, CEO of Inspection Technologies for BHGE. "We are looking forward to working with SGS to accelerate deployment of PCM, a predictive digital solution that is becoming a benchmark for corrosion monitoring across several industries. This agreement will play a key role in improving safety, reducing equipment downtime, and improving operations for our customers globally."

SGS provides visual inspection and non-destructive testing services to large industrial assets, both in-service and during regular shutdown events, helping to ensure industrial asset integrity globally. BHGE's Inspection Technologies business, part of its Digital Solutions segment, has been one of SGS' suppliers of non-destructive testing (NDT) technology for years and is itself providing industrial asset owners with critical technological solutions and services. Combining SGS' broad network and asset integrity expertise with BHGE's technological expertise will ensure rapid deployment of PCM, and drive scale in the market for inspection and maintenance services and technology. 

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Pipelines

TransCanada's Topolobambo project goes into service in Mexico

TransCanada's Topolobambo project goes into service in Mexico

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Instrumentation, Systems & Automation

Hand-held combustion emissions analyzer

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Vertex Resource acquires Three Star Trucking

Vertex Resource acquires Three Star Trucking

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Drilling & Production
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Petroteq to test equipment for non-conventional oil production

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Painted Pony receives encouraging results from Lower Montney test wells

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Terex RT cranes handle desert drill site project without downtime

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Paramount, Strath close sale of Resthaven/Jayar assets for $340 million

Paramount, Strath close sale of Resthaven/Jayar assets for $340 million

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Offshore Technology

Decommissioning Leadership Group meets to set strategy

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Instrumentation, Systems & Automation

Harting introduces Han-Smart modular connectors

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Pipelines

Enbridge announces $4.3 billion deal to sell gas assets

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Enbridge Inc. has entered into definitive agreements to sell its Canadian natural gas gathering and processing business in the Montney, Peace River Arch, Horn River and Liard basins in British Columbia and Alberta (the G&P business) to Brookfield Infrastructure and its institutional partners for a cash purchase price of CAN $4.31 billion, subject to customary closing adjustments and receipt of regulatory approvals.  

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