Webinar: NDT Technology in Upstream, Midstream and Downstream Applications

Corrosion monitoring technology

It has been estimated that the cost of corrosion to the oil and gas sector is around $18.7billion. This estimate was made some years ago so the cost today is probably approaching $30billion.

This is still set to rise, as the sector's infrastructure continues to age, with 62% of the pipeline infrastructure being more than 20 years old and the average age of a refinery or pipeline in the US being more than 40 years. Yet we demand and require these assets to run at higher capacities than ever before.

However, experts estimate that 20 to 25% of the annual cost of corrosion can be saved by the implementation of existing corrosion control techniques. Basically, these are of three types: the use of expensive materials at critical points in a process plant or pipeline; the application of corrosion mitigating techniques, such as corrosion inhibitors and sacrificial technology; and corrosion measuring and monitoring, to identify trouble spots and assess the extent of corrosion in order to take early remedial action.

This webinar looks at field-deployable and permanently installed inspection and monitoring techniques.