LUX Assure Appoints Partner in Malaysia
Oil and gas technology firm, LUX Assure, has strengthened its presence in Malaysia with the appointment of a regional partner, Borneo Seaoffshore Engineering SDN BHD.
Borneo Seaoffshore will support LUX in educating the local market on corrosion management best practice, whilst promoting its CoMic technology. CoMic is an on-site deployable corrosion inhibitor monitoring kit, which is used to inform better corrosion inhibitor management and to identify if the optimum level of inhibitor is being dosed.
The effective use of CoMic means that operators can save thousands of pounds through avoiding overdosing inhibitor, or millions of pounds by ensuring enough inhibitor is pumped through pipelines to keep corrosion at bay.
CEO at LUX Assure, Emma Perfect, said: “A report last year from MarketandMarkets identified that Asia-Pacific would be the fastest-growing market for corrosion monitoring in the period 2016 to 2021. This presents a major opportunity for LUX to integrate ourselves in-country, to assist with the most pressing corrosion challenges.
“As a company with innovation at its heart, we want to work closely with Petronas and the wider operator network in Malaysia. Our aim is to develop new technologies which not only address their challenges and concerns, but can also be rolled out on an industry-wide basis.
Borneo Seaoffshore’s principal business is to provide integrated solutions and services to the petroleum industry, with a focus on pipeline operations and maintenance management.
This partnership builds on LUX Assure’s existing footprint in Malaysia, where another agent is in place and a patent pending regarding the company’s OMMICA technology. CoMic and OMMICA together represent a revolution in monitoring and managing difficult-to-detect chemicals in hydrocarbons, condensates and water, specifically the thermodynamic hydrate inhibitors and corrosion inhibitors used to protect oilfield assets, on and offshore.
As part of the company’s regular program of visits to the region, LUX Assure will be exhibiting at Oil & Gas Asia in Kuala Lumpar, as part of the EIC delegation. The conference and exhibition will take place from July 11-13.