3D printing could transform the Oil & Gas industry

  • The oil and gas industry is finally getting in on the 3D printing revolution, using the technology to solve supply chain problems, lower costs, and reduce emissions
  • The tech could save the oil and gas industry $30 billion annually
  • The 3D printing revolution has been significantly bolstered by the global pandemic and supply chain issues, and it is now maturing into a major industry

Port congestion, delivery delays, and shortages have become a mark of the pandemic world that is not showing signs of going away anytime soon. It is in times like this that disruptive, transformational technology shines and 3D printing is no exception. Additive manufacturing, as it is also known, has been around for quite a while now, and while we haven’t yet reached the point of having 3D printers in every home, energy companies have been paying close attention and are now using the technology to cope with part shortages.

The Wall Street Journal recently reported that Chevron had turned to additive manufacturing to secure parts necessary for the maintenance of its $54-billion Gorgon LNG project. Chevron had to turn to additive manufacturing due to fears that maintenance would be delayed if the company had ordered ready-made parts.

“We’ve learned a lot from those parts. The most important thing is that we’ve shown that this flexible, right part, right time digital supply-chain approach can be successful, and it can meet our needs in a sort of reactive mode,” the WSJ quoted Chevron manager Robert Rettew as saying.

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