Jessica Assunto | 7 months ago
Industry News

Market Uncertainty

And the value of flexibility and reliability in mitigating risk

Chaos and uncertainty. If we had to pick just two words to define the last several days, they would be these two. What we’re experiencing today with COVID-19 and the global oil price war is new and unprecedented territory, however, this is not the first time the oil and gas industry could be defined by these two words.
Experience tells us projects will be delayed, supply chains will be disrupted, and the direction of oil prices will remain anyones best guess. But as we embark on yet another period of market uncertainty, we’re reminded of the value of flexibility and reliability in mitigating risk.
While project timelines will inevitably shuffle, large commitments to new mill material produced several months from now carry its associated risk. In the time it takes to produce new material on the mill a million things can change, including project timelines and viability.
Access to global market inventory provides several benefits:
  • Enables purchases can be made closer to your need date preventing inventory build ups
  • Provides the opportunity to react and mobilize quickly as project timelines shift
  • Reduces the risk and cost of project delays
The PipeSearch platform provides access to a global market inventory of cra octg valued at over $3 billion. If you are in need of any items please don't hesitate to reach out.

7" 29# 13CR-80 Vam 21 R3

Material meets current revision of API 5CT and meets NORSOK requirements. Perfectly suited for an offshore or onshore applic... Read More

Quantity: 2397.670 FT

Condition: Unused

Mill Year: 2015

Manufacturer: Vallourec

Location: Coevorden, Netherlands


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