maintenance

The market for maintenance, modification, and operations in the renewable and low-carbon energy sector is expected to approach $250 billion by 2030, closing in on that for the oil and gas industry, according to research by Rystad Energy.

With their gee-whiz—albeit artificial—intelligence, robots may be the industry’s answer to jobs deemed dangerous, dirty, distant, or dull.

The two companies worked together in 2019 to improve execution techniques where Petrofac digitalized maintenance and inspection activity.

Offshore operators must grapple with ways to keep aging floating facilities on station beyond their original design life.

Drilling activity in US shale plays is slowing as operators encounter higher prices for labor, equipment, and services, and lower prices for the oil and gas produced.

One of the oldest deepwater platforms in the Gulf of Mexico has become a profit-leader for the oil major during this downturn and is now a model for the company’s other floating assets.

Optimization of maintenance costs is among operators’ main concerns in the search for operational efficiency, safety, and asset availability. The ability to predict critical failures emerges as a key factor, especially when reducing logistics costs is mandatory.

Low prices will constrain maintenance and modifications in the coming year. However, maintenance can only be delayed so long, leading to a long-term outlook of growth in the market for maintenance, modifications, and operations.

There are few deepwater-pipeline operators with expertise in pipeline repairs. This paper describes a strategy developed and implemented on deepwater-pipeline intervention, based on a deepwater operational experience built over a decade.