Baker Hughes has announced an agreement to acquire Quest Integrity, a subsidiary of Team, Inc and a global leader in the development and delivery of technology-enabled asset inspection and reliability management solutions across the pipeline, refining, petrochemical and power generation sectors. This complements Baker Hughes’ existing asset integrity offerings and will support customers with the delivery of actionable insights on a broader range of industrial infrastructure.
Baker Hughes’ asset integrity solutions include pipeline inspection services that detect, characterize, locate and size anomalies in the wall of a pipeline that might potentially compromise its integrity. Quest Integrity’s technology will expand this capability to support “difficult-to-inspect” pipelines where the construction or operation of the line does not allow for conventional inline inspection methods to yield reliable results.
The acquisition includes Quest Integrity’s Invista™ and Furnace Tube Inspection (FTIS) technology. Invista™ enables new inspection capability that extends across pipelines, marine loading lines, petrochemical, chemical, refining, power, utility and other industrial segments and facilities, such as airports. FTIS technology applies the same principles to enable the inspection of heater coils, a critical component in furnaces, detecting issues with corrosion and deformation for customers in the petrochemical and refining industries.
Quest Integrity also brings significant engineering expertise, with a focus on conducting critical assessments to deliver actionable insights and verify asset integrity across a diverse range of industrial assets such as pipelines, pressure vessels, tanks, and turbine blades.
“The acquisition of Quest Integrity marks another step in Baker Hughes’ commitment to help customers ensure their asset infrastructure is safe and reliable and demonstrates how we continue to invest for growth in this area,” said Rami Qasem, executive vice president of Digital Solutions at Baker Hughes. “Today’s announcement strengthens Baker Hughes’ unique capability to bring holistic industrial asset management services to our customers.”
Earlier this year, Baker Hughes acquired Qi2 Elements, a designer and manufacturer of advanced robotic sensor systems that inspect, assess and monitor the integrity of critical energy infrastructure. Along with pipeline inspection, Baker Hughes’ asset integrity expertise includes a range of industrial inspection and non-destructive testing (NDT) solutions.
The acquisition is expected to close in the fourth quarter of 2022 and will be integrated into the Process & Pipeline Services product line within Baker Hughes’ Digital Solutions segment.
About Baker Hughes
Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. For more information, visit www.bakerhughes.com.
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