Volume 5, Issue 2
Published: March 10, 2017
Leak detection in the spotlight

There are certain pieces of equipment that those working in the fluid processing and production industries spend a lot of money on, but hope never to use. These kit pieces include all kinds of emergency and safety devices, such as pressure relief valves, emergency shutdown systems, and leak detection solutions. And the operators are right to hope so, as the bill for emergency situations can quickly become very expensive, not only because of lost production, but also because of the related environmenta and health and safety issues.

Unfortunately, leak detection solutions have recently come into the spotlight, particularly in the oil and gas industry. A slew of high profile spill incidents in the US and Canada, coupled with several new development projects, has increased the pressure on oil operators to ensure their pipelines are in good shape and not likely to spring a leak any time soon. Ensuring smooth operation is particularly important as governments in countries around the world with major oil and gas pipelines running through their area are cracking down on leaks and tightening regulatory requirements on leak detection solutions.

While oil leaks are never good news, for leak detection equipment manufacturers – among them big names such as Honeywell, Siemens, and Krohne – the situation could open new doors. The tightening regulatory requirements will drive technological development and the new pipeline projects, such as the controversial Keystone XL and Dakota Access that were recently re approved by US President Donald Trump, should give the leak detection device market a significant boost.

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