Faster Prototyping and Production: rapidly prototype new parts and equipment to reduce development time and accelerate time to market. Quickly produce replacement parts and reduce the need for large inventories of spare parts.
Reduced Waste and Cost: produce parts with greater precision and accuracy, reducing waste and scrap. Reduce the need for expensive tooling and reduce material waste compared to legacy manufacturing methods.
Sustainability: reduce waste by producing parts with precise geometry and minimizing the amount of excess material. Additionally, reduce the carbon footprint of the supply chain by reducing transportation and storage needs by printing parts on-demand.
Custom Assemblies: produce custom assemblies that are tailored to specific needs and applications, which is particularly useful in the oil and gas industry, where equipment often needs to be adapted to different geological conditions and drilling environments.
Improved Equipment Performance: produce parts with unique geometries and improved materials properties that can enhance equipment performance, such as corrosion resistance, wear resistance, and high-temperature resistance.
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WEF claims AM can save industry up to $30B annually
82% of O&G companies say they intend to implement 3D printing in the next 12 months.
3D Printing in O&G is projected to be worth $32 Billion by 2025 and expectations to exceed $60 Billion by 2030.
The American Petroleum Institute (API) introduce Guidelines for Metal AM - API20S (2021).
DNV GL introduced DNVGL-SE-0568 sets safety and efficiency specifications for 3D printed products, assets, and systems.
