Industrial inspections business is topping $40 billion annually. Some companies can spend $100 million annually on inspections, and five times as much on maintenance. Such extensive investments are not surprising – unplanned asset downtime is a top issue for these industries and can cost operators millions of dollars, which makes the inspection and monitoring of their assets a top priority.
This conference will show the ins and outs of current challenges and developments in the inspection services in the asset-heavy industries such as Oil & Gas, Chemical &Petrochemical and Power Generation. We are focusing on a selected number of industries that share many of the same problems, namely aging equipment, high costs of replacement, and the need to produce more efficiently while being increasingly concerned with issues of safety and reliability. The equipment of power plants, refineries, chemical & petrochemical plants around the world operate at high temperature, leading to different degradation mechanisms, and the rate of accumulation of this damage is not that easy to predict.
This very interactive, practical, tailor made and topical Forum creates a platform for operators and contractor companies to come together and share their experiences, challenges and solutions to inspecting and monitoring the conditions of the assets.