Company vows to tackle source of one in five major oil & gas accidents
24 Mar 2020
Creators of a new digital tool for the oil and gas industry say it could help reduce a major cost and safety threat that accounts for an estimated one in five accidents in the sector.
Corrosion under insulation (CUI) occurs when water becomes trapped between protective insulation and the piping and vessels on which it is used.
It is estimated to have been responsible for more than 20% of all major oil and gas accidents within the European Union since 1985.
Now a global quality assurance and risk management company DNV GL claims that, after collaboration with key regulatory bodies, leading oil and gas operators and major firms in the supply chain, it has developed a new methodology to combat the problem.
Technology and Innovation Director, DNV GL - Oil & Gas Koheila Molazemi said Recommended Practice DNVGL-RP-G109 combined with the firm’s CUI Manager tool would tackle a problem seen as the single most expensive corrosion issue in the oil and gas and petrochemical industries.
“With its hidden and pervasive threat to life, property and the environment, and the cost of accidents and mitigation being staggeringly high - the combination… enables the industry to control CUI risk significantly more cost efficiently,” said Molazemi.