Rig Integrity Solutions is an international provider of technical asset integrity services for the oil and gas industry, specializing in inspection, maintenance, and consultancy. The company is committed to delivering high-quality services with a focus on safety, reliability, and efficiency.
Key Strategic Focus
Rig Integrity Solutions offers a comprehensive suite of services tailored to meet clients' asset integrity needs:
- Equipment Inspections & Maintenance: Cost-effective solutions including five-yearly drilling equipment and well control inspections, troubleshooting, API derrick and bolt inspections, API crane inspections, lift gear inspections, NDT inspections, advanced NDT methods, and EX inspections.
- Project Management Services: Comprehensive project management, technical oversight during shipyards and reactivations, generation of technical scope of work, and commissioning.
- IRATA Accredited Technicians: Rope access services for at-height inspections and maintenance.
- Drone Inspections: Flexible and cost-effective monitoring of pipelines, well sites, and equipment.
- Third-Party Rig & Equipment Audits: Independent audits including pre-rig selection surveys, rig and equipment condition and compliance surveys, operational critical rig surveys, pre-purchase equipment inspections, factory acceptance testing witness, and fair market evaluations.
Financials and Funding
As of July 31, 2023, Rig Integrity Solutions Limited reported current assets of £23,700, fixed assets of £14,550, current creditors of £33,250, and shareholders' funds of £372.
Leadership Team
Ian Rutherford serves as the Founder & President of Rig Integrity Solutions. Under his leadership, the company has established strategic partnerships, such as the collaboration with Superior Recruitment Group to enhance international recruitment capabilities.
Competitor Profile
The rigless intervention systems market, relevant to Rig Integrity Solutions' services, reached USD 15.6 billion in 2024 and is projected to grow at a CAGR of 3.89% from 2025 to 2033. Key competitors in this market include:
- Wellbore Integrity Solutions: Founded in 2019 and headquartered in Houston, Texas, this company offers a comprehensive suite of products and services enhancing the life cycle of oil, gas, and geothermal wells. With approximately 858 employees, it reported an estimated annual revenue of $294.3 million.
- Halliburton Company: A major player in the oilfield services industry, providing a wide range of products and services to the energy sector.
- Schlumberger Limited: A global leader in oilfield services, offering technology and services for reservoir characterization, drilling, production, and processing.
- Baker Hughes Company: Provides integrated oilfield products, services, and digital solutions to the worldwide oil and gas industry.
Strategic Collaborations and Partnerships
In February 2024, Rig Integrity Solutions announced a strategic partnership with Superior Recruitment Group to address the recruitment needs of the oil and gas industry. This collaboration combines Rig Integrity Solutions' industry experience with Superior Recruitment Group's global reach and market knowledge, enhancing access to qualified professionals and streamlining the recruitment process.
Operational Insights
Rig Integrity Solutions differentiates itself through a comprehensive, one-stop-shop approach to asset integrity services, offering tailored solutions that integrate inspection, maintenance, and consultancy. This holistic service model, combined with strategic partnerships, positions the company to effectively meet the evolving needs of the oil and gas industry.
Strategic Opportunities and Future Directions
The company's strategic partnership with Superior Recruitment Group enhances its recruitment capabilities, supporting growth and expansion into new markets. By leveraging this collaboration, Rig Integrity Solutions aims to strengthen its position in the global oil and gas industry, offering comprehensive asset integrity solutions to a broader client base.
Contact Information
For inquiries, questions, or commendations, please fill out the contact form on the company's website.
