What will the oil and gas market look like in three months? In six months? A year from now?
None of us knows for sure, but we can guess that it may be a difficult road ahead for the oil and gas industry, which has already faced many challenges this year from international price wars and COVID-19. Some projects, whether drilling or construction, will likely be halted along the way to save profitability or cut losses. Some of these may reopen in the short run while others will remain idled long-term.
One bright spot in this battered market is that idled equipment does not have to become rusty equipment if simple steps are taken to prevent corrosion. Cortec® provides practical, cost-effective corrosion solutions that preserve valuable assets for the long haul. Materials such as Cortec® VpCI® Emitters or fogging fluids for void space protection, VpCI®-391 coating for structural steel, and MilCorr® VpCI® Shrink Film for outdoor storage combine to provide a variety of long-term preservation options. These technologies do not require constant monitoring—only periodic inspection to make sure they are working correctly. In the meantime, they preserve the value of costly assets in a way that allows them to be easily brought back into service.
Cortec® has many helpful resources available (including guides to the layup of offshore and land rigs) and is ready to share its expertise to help you select the appropriate corrosion solution for your oil and gas preservation needs. Contact us today for more ideas and further assistance!