Market Research Info’s Post

𝐀𝐬𝐬𝐞𝐭 𝐈𝐧𝐭𝐞𝐠𝐫𝐢𝐭𝐲 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐢𝐳𝐞, 𝐒𝐡𝐚𝐫𝐞 & 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 ⭐ 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅: https://lnkd.in/g_B-nzJv The Asset Integrity Management (AIM) Market is projected to soar to USD 47.3 billion by 2030, up from USD 18.52 billion in 2018, reflecting a CAGR of 10.96% over the forecast period from 2019 to 2030. AIM involves a system designed to manage an asset's capacity and potential, effectively minimizing degradation from corrosion and fatigue cracks, ensuring procedures, entities, and products are aligned for optimal results. AIM systems are applicable throughout the asset lifecycle, from design to service, inspection, and replacement. The market's notable growth, expected at a CAGR of 11.3% by 2030, is driven by increased awareness of managing capital expenditure, robust growth in energy and power sectors, and new opportunities in deepwater oil fields. Factors such as the need to maintain minimum operating costs, stringent government regulations, and prioritizing safety standards and environmental impacts further propel market expansion. ▶️ 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧: ▶️ 𝐁𝐲 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐓𝐲𝐩𝐞: RAM Study, RBI, NDT, Pipeline Integrity Management, Corrosion Management, Structural Integrity Management, HAZID (Hazard Identification) Study and Others ▶️ 𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧: Oil & Gas, Power, Marine, Mining, Aerospace, and Others ▶️ 𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻: North America, Europe, Asia-Pacific, South America, Middle East & Africa ▶️ 𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: SGS, Bureau Veritas Group, INTERTEK GROUP PLC, TechnipFMC, Aker Solutions, Applus+, DNV, John D Wood & Co., Oceaneering, Fluor Corporation, ROSEN Swiss AG, LifeTech Engineering, EM&I Group, Metegrity Inc., Dacon Inspection Technologies Co., Ltd., FORCE Technology Norway AS, TWI,TÜV SÜD, Asset Integrity Solutions, Bell Energy Services, LLC, ABS Group #AssetIntegrityManagement #AIM #MarketGrowth #EnergySector #PowerSector #DeepwaterOilFields #CorrosionControl #FatigueCracks #LifecycleManagement #CapitalExpenditure #InspectionServices #EnvironmentalSafety #RegulatoryCompliance #OperatingCosts #IndustrialSafety #InfrastructureMaintenance #AssetManagement #OilAndGas #EnergyEfficiency #Sustainability #RiskManagement #EquipmentMaintenance #OperationalExcellence #SafetyStandards #IndustryTrends

𝐏𝐢𝐩𝐞𝐥𝐢𝐧𝐞 𝐚𝐧𝐝 𝐏𝐫𝐨𝐜𝐞𝐬𝐬 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐢𝐳𝐞, 𝐒𝐡𝐚𝐫𝐞 & 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 ⭐ 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅: https://lnkd.in/e_syCjYQ The Pipeline and Process Services (PPS) Market is poised to grow at a robust Compound Annual Growth Rate (CAGR) of 5.6% from 2024 to 2034, starting at USD 3.8 billion in 2023 and projected to reach USD 6.9 billion by 2034. PPS plays a crucial role in the energy and utilities sector by offering essential solutions for the construction, maintenance, and operational efficiency of pipelines and industrial facilities. These services encompass a wide range of activities including pipeline cleaning, integrity assessments, maintenance, and compliance with stringent safety and environmental regulations in refineries, chemical plants, and industrial sites. PPS providers leverage advanced technologies such as smart pigging, robotics, and sophisticated monitoring systems to enhance operational efficiency, safety, and reliability. These innovations contribute significantly to infrastructure integrity and the uninterrupted flow of resources, ensuring operational excellence and environmental compliance. 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧: ▶️ 𝐁𝐲 𝐀𝐬𝐬𝐞𝐭: Pipeline and Process ▶️ 𝐁𝐲 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐚𝐥: Pre-Commissioning & Commissioning, Maintenance, and De-Commissioning ▶️ 𝐁𝐲 𝐄𝐧𝐝-𝐔𝐬𝐞𝐫: Power Generation, Chemicals & Refined Products, Water & Wastewater, Oil & Gas, Others ▶️ 𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻: North America, Europe, Asia-Pacific, South America, Middle East & Africa ▶️ 𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: SLB, Halliburton, Baker Hughes, SGS, TechnipFMC, Weatherford, NOV, Woodside Energy, MISTRAS Group, Inc., Aker Solutions, Emerson, Applus+, Intertek, Shawcor, TÜV SÜD #PipelineAndProcessServices #EnergyIndustry #UtilitiesSector #PipelineMaintenance #IndustrialOperations #SmartPigging #Robotics #MonitoringSystems #InfrastructureIntegrity #OperationalEfficiency #EnvironmentalCompliance #EnergyTransportation #GlobalEnergyNeeds #PredictiveMaintenance #DataAnalytics #MarketGrowth #TechnologicalInnovation

Traditional maintenance practices in the oil & gas industry often result in inefficiencies. Excessive inspections can strain production, diverting attention from critical assets. Risk-Based Coating & Inspection (𝐑𝐁𝐂𝐈) presents a data-driven alternative. 𝐑𝐁𝐂𝐈: 𝐀 𝐬𝐦𝐚𝐫𝐭𝐞𝐫 𝐚𝐩𝐩𝐫𝐨𝐚𝐜𝐡. A Strategic Approach RBCI focuses resources on managing risks effectively. Here’s how it works: • 𝐑𝐢𝐬𝐤 𝐀𝐬𝐬𝐞𝐬𝐬𝐦𝐞𝐧𝐭: Identifies potential coating failures and evaluates their impact on the environment, safety, and downtime. • 𝐓𝐚𝐫𝐠𝐞𝐭𝐞𝐝 𝐏𝐫𝐨𝐭𝐞𝐜𝐭𝐢𝐨𝐧: Prioritizes high-risk assets for comprehensive coating and maintenance strategies. • 𝐎𝐩𝐭𝐢𝐦𝐢𝐳𝐞𝐝 𝐒𝐞𝐥𝐞𝐜𝐭𝐢𝐨𝐧: Selects appropriate coating systems based on asset lifespan, performance requirements, and environmental conditions. • 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐭 𝐈𝐧𝐬𝐩𝐞𝐜𝐭𝐢𝐨𝐧𝐬: Establishes inspection schedules tailored to risk levels, utilizing efficient non-destructive testing (NDT) methods. 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐑𝐁𝐂𝐈: • 𝐂𝐨𝐬𝐭 𝐑𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧: Directs resources toward critical assets, eliminating unnecessary inspections and over-coating. • 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐝 𝐒𝐚𝐟𝐞𝐭𝐲: Early detection of coating issues minimizes safety risks. • 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐝 𝐑𝐞𝐥𝐢𝐚𝐛𝐢𝐥𝐢𝐭𝐲: Ensures assets are well-maintained, extending lifespan and reducing downtime. • 𝐃𝐚𝐭𝐚-𝐃𝐫𝐢𝐯𝐞𝐧 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐌𝐚𝐤𝐢𝐧𝐠: Uses data to inform decisions on coatings and maintenance investments, replacing guesswork with informed choices. RBCI represents a strategic investment for oil & gas companies, optimizing operations, enhancing efficiency, improving safety, and prolonging asset life, all while lowering costs. #oilandgas #maintenance #efficiency #riskmanagement #coatings #rbci #industryinsights

𝐎𝐢𝐥𝐟𝐢𝐞𝐥𝐝 𝐈𝐧𝐭𝐞𝐠𝐫𝐢𝐭𝐲 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐚𝐧𝐝 𝐓𝐫𝐞𝐧𝐝𝐬 𝟐𝟎𝟐𝟕 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗮 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙:  https://lnkd.in/d-RCB6gg Oilfield integrity management services help to track the performance of assets, carry out inspections, and improve the reliability of equipment, plant safety, and profitability. Fluctuating oil prices, the increasing #demand for oil, and high costs of exploration and production activities, with all these factors, the refining businesses and companies are now actively investing in oilfield integrity management services to increase their #growth margins. 𝐊𝐞𝐲 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐬: Risk Assessment and Management Monitoring and Inspection Technologies Data Management and Analytics Emergency Response Planning Integration with SCADA Systems Environmental Considerations 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧𝐬: 𝐁𝐲 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐓𝐲𝐩𝐞- Monitoring System Data Management Corrosion Management Planning Predictive Maintenance & Inspection 𝐁𝐲 𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭 𝐓𝐲𝐩𝐞- Hardware Software Services 𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧- Onshore Offshore Video Credit: Cenosco

Human Reliability Study As an oil and gas professional, I cannot stress enough the critical importance of human reliability studies in ensuring the safety and success of our operations. Here are a few key reasons why human reliability studies are indispensable for our industry: - Risk Mitigation: Human error is a significant factor in many industrial accidents, and the oil and gas industry is no exception. By understanding and mitigating human error through reliability studies, we can reduce the likelihood of catastrophic incidents and protect both our workers and the environment. - Regulatory Compliance: Human reliability studies not only help us meet regulatory requirements, but also showcase our dedication to continuous improvement and best practices. - Operational Efficiency: Human reliability studies provide valuable insights into how our workforce interacts with equipment, processes, and each other. By understanding and optimizing human performance, we can improve operational efficiency, reduce downtime, and increase productivity. - Organizational Culture: Investing in human reliability studies sends a powerful message to our workforce that their safety and well-being are our top priorities. It fosters a culture of accountability, mindfulness, and continuous learning, which are essential for long-term success in our industry. In conclusion, human reliability studies are not just a box to check off for the oil and gas industry – they are a strategic imperative that directly impacts our safety, compliance, efficiency, and culture. Let's continue to prioritize and invest in this critical aspect of our operations to ensure a sustainable and successful future. #oilandgas #safetyfirst #humanreliability #ICM #HFE #FatoresHumanos ICM People do Brasil ICM Group #operationalexcellence

Decreasing Well Intervention Risk With Permanent Real-Time Monitoring Read our latest article on how permanent real-time downhole monitoring can reduce HSE risk and intervention costs, all while improving production and reservoir engineering workflows! Any well intervention involves exposing people, equipment, and the environment to significant risk. Especially when considering the potentially deadly threat of H2S in sour gas wells! When compared to slickline-based monitoring wth memory gauges which exposes crews to repeated HSE risk, permanent real-time downhole gauges offer a superior solution to increasing the safety of your operations, all while providing better data to improve your efficiency and production workflow! Click the link below to learn more: https://lnkd.in/g-PSDuUB #GEOPSI #RealTimeDownholeMonitoring #WellIntervention #HSE #HSERisk #Safety #H2S #SourGas #DownholeGauges #RealTimeData #OilGas #WorkerSafety #ReservoirEngineering #ProductionOptimization #ArtificialLiftEfficiency

Well completion in the oil and gas industry involves specific challenges requiring an integrated approach of technological innovation, technical expertise, regulatory compliance, and management. The 7 main challenges are: 1. Equipment Selection: Choosing the right equipment (casings, production tubing, safety valves) is crucial for well integrity and production efficiency. 2. Ensuring well Integrity: essential to prevent environmental fluid leaks and maintain production efficiency. 3. Environmental Impact: Minimizing the impact, including waste management, greenhouse gas emissions, and marine life protection. 4. Geological Complexity: Complex subsurface geology can present challenges, such as unstable formations or high-pressure zones. 5. Regulation: Complying with local, state, and federal regulations, especially in environmentally sensitive areas. 6. Cost: Well completion can be extremely expensive, particularly in remote or offshore areas with high logistical and infrastructure costs. 7. Technology: Keeping up with technological advancements and best practices in the industry. At ESSS O&G, we use automatic diagnostics and real-time advice based on digital twins to help you overcome industry challenges. Our digital twin follows the completion column running in the hole, ready to inform in time if any item needs replacing or adjustments during operation. Torque and drag models together with volumetric analysis help us verify the column's position and anticipate operational risks, aiding decision-making and enhancing efficiency and safety. Talk to one of our experts today and let's discuss how we can help you apply these solutions to anticipate operational risks in your wells: https://ow.ly/QwB150SyCQh

ORS Consulting Insight into QRA being a powerful technique for assessing hazardous process plants. A technique that has been applied for many years for both offshore oil and gas installations and onshore, for the so-called "SEVESO" plants. However, there can be distinct differences in the purpose, method, and complexity of QRA for these two areas. The purpose of this Insight article is to explore these differences and provide recommendations on the QRA approach based on the context. https://lnkd.in/eJqAvUZ5 Contact us for more. #ProcessSafety #TechnicalSafety #QRA #Safety #Risk #ORSConsulting #oilandgas #energy

Discover the benefits of CorrosionRADAR: LR CUI Risk Monitoring System CorrosionRADAR: LR optimises operations of Oil and Gas facilities and plants, paving the way for a future of predictive maintenance, helping you to: - Save costs – detect localised corrosion before asset damage occurs and drive down inspection costs by up to 65%. - Reduce Downtime - advanced monitoring capabilities that minimise unplanned downtime, providing data-driven insights into when and where CUI will occur on your critical assets. - Increase Uptime - proactively address CUI damage, safeguard the longevity of your critical infrastructure, and increase operational uptime. - Improve Safety - reduce the risk of complex maintenance procedures, while improving the safety and environmental performance of your assets. CorrosionRADAR: LR is our advanced end-to-end online monitoring solution for the prediction and detection of CUI risk on critical assets. Click the link in our comments to discover more about the transformative potential of our solutions. #CUI #remotemonitoring #assetintegrity #predictivemaintenance #oilgas #assetmanagement #predictiveanalyics #petrochemical #industry4 #machinelearning