FOR IMMEDIATE RELEASE
Berlin - 30 April 2024 – 3YOURMIND is partnering with RusselSmith, the first industrial additive manufacturing provider in West Africa, to enhance the identification, digitization, and additive manufacturing of parts for the upstream oil and gas industry. Based in Lagos, Nigeria, RusselSmith is the only organization qualified by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to deploy industrial non-metallic additive manufacturing solutions in the Nigerian oil and gas industry.
As Africa’s largest economy, Nigeria has one of the region’s most powerful energy sectors and hosts many oil and gas supermajors. Today, the industry faces the challenge of sustaining and maintaining equipment on aging assets due to the difficulty of procuring legacy parts. The unavailability of these parts, which are often no longer manufactured and difficult to remanufacture, can cause significant disruptions to operations. RusselSmith seeks to fill this gap between needed and available parts by manufacturing such parts locally, helping companies improve their operational uptime and reduce costs.
RusselSmith is qualified by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)
RusselSmith will use 3YOURMIND’s part identification software to identify viable additive manufacturing applications for the oil and gas industry. Once parts have been identified for their technical compatibility and economic feasibility, RusselSmith will use its expertise in design for additive manufacturing (DfAM) to optimize and produce them using additive technology. Optimized parts will then be added to the digital inventory interface that is powered by 3YOURMIND, enabling RusselSmith to streamline pricing, delivery, and order operations for its customers.
“There is significant potential for improving operational efficiency in the oil and gas industry through the additive manufacturing of legacy parts, and it all starts from being able to identify viable parts across the industry and determine the most efficient ways to manufacture such parts additively.” says Kayode Adeleke, CEO of RusselSmith. “We are pleased to partner with 3YOURMIND to improve our solutions, and we look forward to making a positive impact in the region together.”
Kayode Adeleke, CEO of RusselSmith
“This partnership with RusselSmith aligns with 3YOURMIND’s vision to serve the needs of the energy sector by making it easier to identify and produce critical components to sustain equipment,” says Jos Burger, Executive Chairman at 3YOURMIND. “RusselSmith provides astounding expertise in additive manufacturing and oil and gas, and we’re very pleased to enter the region with such a strong local partner.”
For questions or interview inquiries, please contact:
Devin Culham
Marketing Content Strategist
3YOURMIND
dcu@3yourmind.com
About 3YOURMIND:
3YOURMIND is an on-demand manufacturing software platform that empowers companies to identify and produce parts as needed. OEMs, operating companies, and contract manufacturers can create digital inventories of qualified parts that reduce costs, shorten production lead times, and secure more efficient and agile operations. 3YOURMIND addresses companies' current needs to produce spare parts quickly while enabling advanced manufacturing technologies and data-driven decision-making to create new parts faster, lighter, and with cost-saving potential.
About RusselSmith:
RusselSmith is a leading Integrated Energy Solutions provider with a focus on technology solutions for Asset Integrity Management, Oilfield Management, Smart Manufacturing, and Sustainable Energy.
Russel Smith's services are design to help its customers operate, manage, optimize, and extend the production lives of their energy assets in safe and sustainable ways.