Corrosion resistant alloys — an industry‐wide overview of applications

A very wide variety of alloy types are available for selection to combat the potential corrosion problems posed in a diverse range of industries. Although in today's climate cost reduction is an important goal, the price of unexpected failure of equipment is often measured as risk to human life, and materials selection must always be given a prime place in design, engineering and construction. Material selection should not be based simply on low installed cost of equipment — the need to maintain safety standards and effective long‐term utilization of a production asset, with minimum costly maintenance and downtime, mandate the selection of materials which can be justified on the basis of life‐cycle cost and risk analysis. The material chosen should provide the lowest cost viable, and if possible, “fit and forget” solution. In the Offshore Oil and Gas industry in the North Sea the solution adopted would need to address the CRINE cost reduction strategy.