CLEVELAND, OH – October 1, 2020 – E²G | The Equity Engineering Group, Inc. announced today the acquisition of CorrSolutions, LLC. This acquisition will pair E²G’s innovative asset management and high-performance computing technology with the advanced thickness modeling and analysis techniques of CorrSolutions. A new generation of thickness data analysis tools is on the horizon.
“The acquisition of CorrSolutions is in line with all of E²G’s asset integrity management offerings, making it an excellent fit with our current FFS and RBI consulting offerings and software solutions. We plan to use CorrSolutions technology in our consulting as well as make it available to our clients through a web interface, similar to E²G’s Cloud Tools, and an advanced computation technology backend including true CML optimization,” noted David Osage, P.E., ASME Fellow, President & CEO of E²G.
Thickness monitoring and data management need an overhauled, next-generation approach to optimize inspection expense and reduce effort. Optimal placement of condition monitoring locations, advanced analysis and interpretation of thickness data, and understanding of applicable damage mechanisms are all paramount to asset management programs throughout the industry. It’s easy to get lost in a sea of data and lose sight of the real goals:
- Identifying areas of vulnerability
- Getting useful information to frontline inspection personnel
- Reducing failures in process plants
Mike Sparago has owned and operated CorrSolutions with a small, dedicated team for over 20 years and is excited about the short and long-term possibilities for his patent-pending Advanced Degradation Analysis technology. As stated by Mike, “CorrSolutions has been fortunate to have worked with great customers who embraced innovation in their inspection programs for 22 years. With E²G’s resources, we are looking forward to expanding our horizons, providing the next generation of analysis tools to a broader customer base.”
About The Equity Engineering Group, Inc.
E²G | The Equity Engineering Group, Inc. is an employee-owned engineering firm whose focus is on providing specialized engineering consulting services for new and aging infrastructure in the oil and gas industry. E²G's goal is to develop and transfer technologies that help clients improve plant profitability by maximizing equipment availability, managing risk, and controlling fixed-equipment costs.
About CorrSolutions, LLC
CorrSolutions, LLC offers specialty corrosion, materials & inspection engineering consulting services to the refining and petrochemical industries, with emphasis on thickness data management and development of fixed equipment inspection and corrosion monitoring programs. CorrSolutions delivers innovative, practical solutions by placing advanced tools into the hands of plant inspectors and engineers.
For more information, please visit the company's website at http://www.e2g.com.