Adding to an already impressive collection of innovation and technology awards, Abakan Inc. (“Abakan”) today announced that its proprietary CermaClad™ clad pipe product was awarded the coveted “Subsea Pipeline Technology of the Year” award by the Pipeline Industries Guild. MesoCoat, an Abakan subsidiary that developed the CermaClad™ technology, received the award at the Pipeline Industries Guild National Dinner in London on March 12.
“Our CermaClad™ technology is expected to dramatically improve the cost structure, reliability, and component maintenance norms for the oil and gas industry,” said Abakan CEO Robert Miller. “Over 70 percent of the world’s remaining oil and gas reserves are in very corrosive environments, an issue exacerbated in subsea environments which are now much deeper and farther away from the shore, and our technology offers the best performance, cost and robustness of any competing clad pipe technology. Receiving this award is a great honor, and it further confirms the novelty and potential industry-wide impact of our technology.”
The CermaClad™ high-speed large-area clad pipe technology produces a superior metallurgical clad pipe product for the oil and gas industry, where availability of metallurgical clad pipes and the associated lead time have been a major concern. The technology uses a high intensity plasma light source -- “mini-sun” -- to rapidly fuse anti-corrosion and anti-wear materials to large areas of steel, including pipes. MesoCoat’s process offers 40 times higher productivity compared to current metallurgical cladding technologies and it enables a three to six times longer life for metal assets and improved metallurgical and mechanical properties at the lowest lifecycle cost. CermaClad™ offers on-time delivery, and up to 80 percent reduction in lead times for seamless, metallurgically clad pipes at costs lower than those of competing alternatives.
The Pipeline Industries Guild was formed in 1957, and it is the only association worldwide to cater directly to the needs of the pipeline industry, regardless of engineering discipline, application or qualification. The Guild's membership comprises those with interests in pipelines that transport hydrocarbon products, chemicals, water, wastewater and many other substances, both on and offshore.
Source: http://www.abakaninc.com/