Oil and Gas Companies Are Benefiting From Improved Preservation Technologies

Due to the advancements in preservation technology, the oil and gas industry is able to continue operations even in the ambiguity.

Due to the advancements in preservation technology, oil and gas companies like rig preservation solutions in Malaysia are able to continue operations even in ambiguity.

Having a solid layup plan in place is critical for rig owners and operators, especially in these times of falling oil prices and uncertainty on many fronts. This will assist them in retaining the value of their assets until the market deems it necessary to put them back online again. 

When it comes to maintaining assets in excellent condition, corrosion prevention is essential. This is particularly true for drilling operations that take place offshore in hostile maritime environments, where they are subjected to high temperatures and chloride-contaminated sea spray.

When it comes to maintaining assets in excellent condition, corrosion prevention is essential. This is particularly true for drilling operations that take place offshore in hostile maritime environments, where they are subjected to high temperatures and chloride-contaminated sea spray.

Corrosion has emerged as a critical component of successful preservation for oil and gas businesses across the world, offering long-lasting, efficient protection that makes it simple to put equipment back into operation after a period of inactivity. Extreme layup circumstances of all sorts – from hot layup and cold stacking of brownfield operations to preservation of new greenfield assets awaiting commissioning, to layup of operational and essential spares that must be available at a moment’s notice – have proven successful in this regard. 

Hurricane-proof Protection for the Oil and Gas Sector

The use of shrink film is also recommended in addition to corrosion protection since it is UV-resistant and has a proven track record of withstanding harsh weather conditions such as hurricanes. When utilized on an offshore platform in the Gulf of Mexico that was nearly directly struck by Hurricane Harvey in 2017, none of the shrink film came off, and the equipment was still determined to be protected and corrosion-free at the time of the inspection two years later. Furthermore, since the equipment was still easily available, it was simple to resume the process if required by simply cutting open the film and following the usual protocols.

With oil prices now in rapid decline and the possibility of much more declines, drilling rig owners and operators are facing a critical period of decision-making in their businesses. When a small number of the solutions outlined here are implemented, they may assist drilling assets in weathering the storm and continuing to provide useful service in the future. While it may be tempting to take the “simple” route of doing nothing, doing so may prove to be more difficult and expensive in the long run. Instead, it is important to implement preservation best practises that will protect expensive assets and make recommissioning easier when the oil market begins to improve.

 

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