Tackling the Issue of Pipeline Corrosion
The effects of corrosion can contribute between 3.5% and 5.2% of global GDP (i.e., between $285 billion and $439 billion annually on a global basis, calculated for 2020 GDP figures of $84.54 trillion U.S. dollars).
A TCP flowline is installed offshore Angola. (Source: Strohm)
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Corrosion is considered to be the main cause of failure in the oil and gas production process. Due to the development of fields in deeper offshore wells with higher pressure, temperature and higher levels of hydrogen sulphide, CO