Over the past few decades, global supply chains opened many new options for manufacturing products. While most businesses sought lower-cost options overseas, recent economic events and changes in consumer preferences have led to a revitalization of American manufacturing. Today, the manufacturing industry is looking to become more sustainable, digital, skilled, and resilient, according to McKinsey …
Every six or seven years, the American Petroleum Institute (API) releases an update to its standards for the oil and gas industry. With every release, oil and gas companies must adhere to the new standards closely since they promote safety and quality within the industry and their company’s work. While the new edition has not …
What the Release of the New API 5CT’s 11th Edition Means for Your Business Read More »
Even though we have become a world of green economy, oil is still a valuable commodity that creates fortunes. China recently surpassed the United States in oil imports, and it seems that the situation will not change in the coming years.
Current global conditions are leading to an increase in oil production in Europe. The Russian/Ukrainian war is currently in its sixth month. The entire continent of Europe has had to look for oil closer to home to replace Russian oil. This increase in oil production in the North Seas will increase both your pipes and …
MSI’s RHINO is the popular transporting choice for Northern Europe Read More »
Global players in the oil and gas industry understand one major thing: governments’ political statements and public posturing can directly impact their bottom line. From shipping lanes to supply and demand, every aspect of the market relies on the relationships and trade agreements countries and allies fostered after the 2nd World War. As new …
The Impact of Global Politics on the Oil and Gas Industry Read More »
The current situation between Russia and Ukraine will increase demand for oil rig production from North and South America. Reuters reports that the U.S. is expected to increase its crude oil output to 720,000 barrels per day or 11.91 million barrels per day. A Texas Tribune report states that Texas will be responsible for almost half of with 5.3 …
When it comes to oil production, hardware protection is vital. Thankfully, MSI has several products that can help protect your pipes and preserve their usage. These include thread protection, lifting bail, pipe chocks, pipe storage, a stabbing guide, drill pipe protectors, and large plastic pipe caps. Let’s look at four key advantages of using MSI’s …
The Advantages to Using MSI’s Large Plastic Pipe Caps Read More »
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