When things go wrong in the oil and gas industry, the consequences are often disastrous. Not merely financially, but also for the environment. And despite the fact that the industry has been pushing its own standards of safety for decades, better-monitored safety margins are a welcome addition in order to continue pushing those standards in the years to come.
Suppose you buy an asset with hundreds of individual steel parts that should last for about ten years. Say, for example, a platform. Then those ten years are the guaranteed lifespan of your asset and the parts it consists of. But what if some parts could last longer? Through controlled use, reduced use or by finding out that the product hasn’t worn out yet?
The value of an asset is directly related to the information that is known about its history. That’s why traceability is so incredibly important within the oil and gas industry. Assets not only need to function properly, but they also need to be financially viable. Especially now.
The traceability of steel products is crucial. That’s why in this series we are looking at the Cradle to Grave traceability of steel. In this article, you will read more about the legacy of future engineers, and the impact that traceability will have on the world.
It is no secret that the energy industry is going through a difficult time. Investments are getting smaller, or sometimes even stopped. People are laid off and the number of orders is in free fall for some companies.
Imagine a supply chain in which all parties involved are able to save time and costs without being in each other’s way. Through blockchain technology and the innovative use of an online platform it is now possible to connect suppliers, labs, notified bodies, inspection agencies, manufacturers, stockists and end customers in just one system.
Circular steel is steel that goes back into the production chain after being recycled, to be used again as new and green steel. Recycling steel is good for the environment and climate, but it is far from being as efficient as it could be.
SteelTrace is hosting another webinar, this time we touch on the topic of Counterfeiting in the Steel industry. Together with our guests Fergus Mason, Linepipe Manager – Middle East at Marubeni Itochu Steel Inc and Mark Walsh CQP MCQI Technical Director of Q-Sys Solutions we will touch upon the various topics surrounding counterfeit material and its consequences.
We all find it annoying, but we know they exist: fakers in the steel industry. Counterfeiters of certificates not only undermine confidence in the steel supply chain, they sometimes even contribute to failures and errors within a project.
Maintain quality while shaving on costs, the holy grail for every company with a high focus on quality. During this webinar, we will deep dive into the business case of SteelTrace. How to maintain quality, while even reducing costs.
As a follow up to the previous webinar we held another one the 30th of May where we answered questions that arrived from the first one. We answered questions about how the onboarding of new users on SteelTrace worked, about how we handle the security part of SteelTrace and so forth. You can watch it below!
On April 9th 2020 SteelTrace organised its first webinar: Blockchain in Oil & Gas. The webinar had about 65 attendees from Oil & Gas company’s like Total, Fluor, Borealis etc. We gave an overview of the Blockchain Technology and gave a short demonstration on how we apply blockchain in the supply chain of steel.