Using 3D printing technology to manufacture spares could drastically reduce offshore downtime in the oil and gas industry. The company is also working on a new type of engine that uses liquid fuel instead of air for combustion. The ability to produce bespoke components like spare parts instantaneously on-site, and a reduced supply chain, will also prove a boon to the flagging industry.
Using 3D printing technology to manufacture spares could drastically reduce offshore downtime in the oil and gas industry. The use of powder bed fusion additive processes is likely to rise, helping reduce costs by extending the lifespan of individual components, and reacting more efficiently to faulty ones. The ability to produce bespoke components like spare parts instantaneously on-site, and a reduced supply chain, will also prove a boon to the flagging industry.