round 83% of oil and gas companies are considering adopting 3D printing or on-demand manufacturing to meet their spare part production needs, according to an industry report.
Published by digital manufacturing provider Protolabs, the ‘Decision Time’ survey has revealed how firms in the oil services sector intend to adapt to sustainability challenges, by engaging in Manufacturing-as-a-Service (MaaS). In doing so, the report says that the industry aims to cut its costs, reduce its CO2 emissions and adapt to the “green energy transition.”
“The sector’s appetite to secure a long-term future means that companies are branching out into other industries and extending their capabilities,” explains Bjoern Klaas, VP and MD of Protolabs Europe. “With the energy transition revolutionizing the sector, combined with a much lower profit environment, it is imperative that companies continue to innovate and embrace renewable markets.”