Having effective asset integrity, maintenance and management systems in place is crucial to ensuring the safe, reliable and efficient performance of assets in the energy sector. Operational efficiency, risk management, condition monitoring and maintenance schedules are key parts of optimising an asset’s integrity, condition and longevity.
In the oil and gas industry alone, according to an OGV report, there will be a near 8% compound annual growth rate for spending on asset integrity management systems over the next few years. This represents a near $14 billion increase in expenditure.
Inspection, repair, and maintenance spending alone is expected to increase from $43 billion in 2022 to as much as $72 billion in 2029.
Creating a robust asset integrity program requires consideration of a number of individual elements. Monitoring, inspection, repair and maintenance, data management and interpretation are just some areas that require the industry’s attention.
With anticipated investment and spending on asset integrity and maintenance at these levels, businesses need to be thorough and comprehensive in their review of these areas to ensure that they are spending their money effectively.
One area that often is overlooked is chemical treatments.
It is fair to say that using more chemicals does not necessarily equate to an enhanced cleaning or maintenance performance for your assets. It is also fair to say that there is no such thing as “one size fits all” when looking to source appropriate chemical solutions.
Spending time sourcing and developing the correct solutions and establishing their optimum performance level can greatly assist in providing effective, long-term maintenance and preservation. In doing this businesses can often find a more affordable option that prevents the need for expensive repairs or replacements.
By working with chemical solution providers to review chemical usage and effectiveness of performance it can often result in an enhancement of chemical efficiency, effectiveness, and environmental profiles, often with a cost saving.
With products and solutions ranging from basic clean-up to rust stain removal and anti-corrosion, Cistom works with our customers to create bespoke chemical solutions that match their needs. Our customer-led focus and laboratory facilities allow us to use our knowledge, experience and supply chain to create and develop innovative chemicals that are non-hazardous, non-toxic and highly effective in ensuring that assets are maintained effectively and sustainably to optimise its useful life.
FIND OUT MORE AT www.cistom.co.uk
Read the latest issue of the OGV Energy magazine HERE
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