The era of cheap, oil is over. The international Energy Agency estimates that 70% of the world’s remaining oil reserves consist of crude oil with either high sulfur or CO2 content that requires high quality, corrosion-resistant materials. To keep up with demand, new technologies have been developed. The same is true of gas, more than 50% of the world’s gas fields is highly corrosive.
In these challenging environments, oil and gas developers need to leverage every available technical solution to maintain optimal production. A key element is the integrity of risers and flow lines, which is where corrosion-resistant clad pipe comes into play.
According to the World Corrosion Organization, corrosion costs $2.2 trillion to the global economy (3% world’s GDP) out of this approximately 45% is related to the oil, gas and petrochemical industries.
Environments have become increasingly challenging (high temperature, very high pressures, higher corrosion levels) and obviously the demand for better material have increased (approximately 70% of the world gas fields are highly corrosive).
the imperative for oil and gas producers is to use corrosion-resistant components, to enable more efficient and most importantly safer operations.