Oil & Gas News

Meeting the Challenges of Small-Bore Tubing Systems for Deeper and Harsher Offshore Environments

ParkerSmall-boreAt OTC 2015, Parker will unveil new solutions for building tubing systems capable of meeting the immense challenges posed by higher pressures and corrosion mechanisms as oil and gas exploration and production moves into deeper offshore environments. The new technology will evolve the well-known ranges of small-bore tube fittings and valves from the Instrumentation Products Division of Parker Hannifin – a global leader in motion and control technologies.

Engineers constructing tubing systems for high pressure hydraulics, chemical injection systems and other higher-pressure topside and subsea offshore applications will be presented with new tube connection technology that provides easy-to-apply solutions for pressures up to 15,000 or 20,000 PSI.

At pressures of 15,000 PSI and more, tubing failures can pose an enormous threat to asset integrity. Ensuring asset integrity is a critical element of the new tube connection designs. Parker's engineering spans the spectrum of potential failure modes - from guarding against mechanical failures to combating corrosion mechanisms. The new connection technology is supported by Parker's heritage of materials expertise, which provides users with the highest-possible materials quality and the widest choice of corrosion resistant alloys to meet corrosion threats. Although metallurgy know-how is becoming quite common on the project teams run by operators and their engineering, procurement and construction contractors, Parker almost certainly has the broadest and deepest understanding of metallurgy in this market today - and will also help users with both expert advice and education.

With annual sales exceeding $13 billion in fiscal year 2014, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems. Strong competitive advantages, a clear strategy and goals, consistent execution and performance, and many opportunities for growth, have allowed the company to consistently deliver strong shareholder returns. Parker has increased its annual dividends paid to shareholders for 58 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index.

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