Chevron order expands AML3D’s presence in the global Oil and Gas sector.
Highlights
- Chevron places order for high strength, corrosion resistant steel subsea pipeline fittings using AML3D’s advanced WAM® manufacturing technology.
- AML3D’s proven ability to manufacture to industry standards with lower lead times were key to securing the order.
- The Chevron purchase order follows AML3D’s successful 3D metal printing of an 8 tonne commercial pressure vessel for a separate Tier One Oil and Gas Client and the world’s largest certified high pressure, subsea piping spool.
AML3D Limited (ASX: AL3) (“AML3D” or “the Company”) is pleased to announce it has entered into a purchase order on standard commercial terms valued at approximately A$215,000, with Chevron Australia Pty Ltd, to produce 2 subsea pipeline fittings using AML3D’s patented Wire Additive Manufacturing (WAM®) advanced 3D metal printing technology solution.
AML3D’s Chief Executive Officer, Ryan Millar said, “This Chevron subsea pipeline fittings order demonstrates continuing delivery against AML3D’s growth strategy, which includes building out contract and embedded, point of need manufacturing technology solutions in the global Oil and Gas markets.”
Under the order, AML3D will manufacture next generation large-scale, steel pipeline fittings to meet both American Society of Mechanical Engineers (“ASME”) and American Petroleum Institute (“API”) standards. Once produced, the fittings will undergo rigorous, independent mechanical testing to validate the suitability of AML3D’s WAM® technology for use in subsea programs. The WAM® manufactured fittings will include materials to improve corrosion resistance in extreme and hostile environments.
The Chevron order builds on AML3D’s track record of advanced manufacturing for the Oil and Gas industry, including the creation of the world’s largest 3D metal printed commercial pressure vessel for a Tier One Oil and Gas Client and the world’s largest certified and approved high pressure monocoque piping spool.
Ryan Millar said,
This is another important step in supporting global Oil and Gas customers such as Chevron. WAM® can produce higher quality components, faster than traditional manufacturing, that meet stringent industry standards with better ESG outcomes.
This announcement has been authorised for release by the Board of AML3D.
Source: Chevron order expands AML3D’s presence in oil and gas sector PDF, Company News
About AML3D
AML3D Limited, a publicly listed technology company founded in 2014, utilises new technologies to pioneer and lead metal additive manufacturing globally. Disrupting the traditional manufacturing space, AML3D has developed and patented a Wire Additive Manufacturing (WAM®) process that metal 3D prints commercial, large-scale parts for Aerospace, Defence, Maritime, Manufacturing, Mining and Oil & Gas. AML3D provides parts contract manufacturing from its Technology Centre in Adelaide, Australia, and is the OEM of ARCEMY®, an industrial metal 3D printing system that combines IIoT and Industry 4.0 to enable manufacturers to become globally competitive.