Home > Insights > The Essential Steps to Formal Pipeline Life Extension

Technical Article

The Essential Steps to Formal Pipeline Life Extension

As many of the assets in the oil and gas industry today are nearing the end of their originally intended design life, asset life extension has become an increasingly attractive option to avoid decommissioning assets, which is a costly and logistically complicated process. However, there are several challenges in relation to hazard management that requires a number of key factors to be effectively managed. It is not always about the age, it’s about the condition, and the impact over time.

In a recent article published in World Pipelines Coatings & Corrosion, our asset life expert lays out a step-by-step guide to the formal life extension process.

Read the full article, entitled ‘The Stepping Stones to Life Extension’, by following this link.

Related Insights

Graphic image with a photo of a young woman sitting at a conference, with the text
Find Out More
30-07-2025

“My disability does not define my capacity.” Our People – Valeria

For several years, Penspen has been a proud supporter of Youth Building the Future, a program established by the Government of Mexico’s Ministry of Labor and Social Security to offer young people...

Learn More
Find Out More
22-07-2025

EIC Survive & Thrive Report 2025

The Energy Industries Council (EIC), the UK’s leading trade association for the energy supply chain, has published its 2025 Survive & Thrive Report. As one of 135 member companies featured and...

Learn More
Image of two young males presenting at conference
Find Out More
03-06-2025

Challenges and Considerations for Hydrogen Integration in Natural Gas Pipeline Networks: A Comparative Screening Methodology

The global transition to hydrogen is accelerating, and repurposing existing natural gas pipelines is a critical step towards a low-carbon future. However, ensuring the feasibility, safety, and...

Learn More
aerial image of refinery during the day
Find Out More
02-04-2025

Overcoming the Challenges in Implementing a Risk-Based Inspection (RBI) Program

Risk Based Inspection (RBI) is a risk assessment and management process that focuses on loss of containment of pressurised equipment in processing and refining facilities, due to applicable damage...

Learn More
Penspen
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.