We understand that corrosion is an important factor that impacts your operations and is becoming more significant given the reliance on aging equipment.
With the total annual cost of corrosion in the oil and gas production and refining industry exceeding billions of dollars, preventing and managing corrosion is vital in helping you mitigate damage, prevent failures and to maintaining the integrity of operations.
What we offer
We provide corrosion expertise for the upstream and downstream oil and gas, chemical and petrochemical industries; identifying, analysing and quantifying damage mechanisms for new and aging assets.
We help you combat and control corrosion by selecting material upgrades, chemical treatment or through inspection, process changes or monitoring. Our engineering insight helps you focus inspection on areas that are most critical and, in tandem with our associated asset management software, can help you reduce failure risk by up to 95%.
What are the benefits?
- Reduced risk from accurately assessing corrosion / damage mechanisms
- Re-prioritisation of inspection costs based on need / risk
- Reduce inspection costs
- Reduce turnaround time
- Increase awareness and control of unaccounted risks for aging plants
- Meeting regulatory needs in some areas (e.g. Cal/OSHA)
Why choose LR?
In our mission to help you improve your assets' reliability and integrity, we have developed and continue to enhance our portfolio of asset integrity services to the oil and gas industry. We also actively work with NACE, API and MTI technical committees to contribute to shaping and updating industry standards for managing aging assets.
Who we work with
We help businesses across dozens of sectors push forward and achieve like never before. How can we help you?
Cost-risk evaluation leads to deferred P&A.
We helped our client save cost compared with conducting a full plug and abandonment project, deferring unnecessary CAPEX for 10 or so years.
What we think
LR's experts regularly share their research and insights.