Aurora Labs and WorleyParsons to create joint venture for metal 3D printing in oil & gas
A young Australia-based company is surrounding itself with leading players of the industry to push engineering, mining, oil and gas industries forward. The company has formed a joint venture with WorleyParsons Services, a Sydney-based company in order to provide metal AM services to these industries.
Called AdditiveNow, the new joint venture will support clients in their additive manufacturing plans and carry out optimisation studies to improve efficiency, operability and manufacturability.
This interest for the mining industry did not start today. In September, Aurora signed a partnership with Fortescue that comprises an industry partner program and the possibility for Aurora to exploit its Rapid Manufacturing Technology (RMT) in the mining industry. However, as part of this agreement, DMLS and DMLM processes will also be exploited.
For Aurora Labs’ Managing Director, David Budge: “The finalization of this joint venture is a significant step forward for Aurora Labs and for the 3D printing industry as a whole […] We look forward to helping our new broader network of customers to find business advantage through 3D printing solutions, especially across the mining, oil & gas and major infrastructure sectors.”
Lastly, the company explained the joint venture will partially depend on its company especially with regards to the development and production of titanium and metal AM products.
“We have already identified and initiated discussions with specific customers for efficiency opportunities to reduce their capital committed to spare parts and inventory, potentially replacing aspects of traditional supply chain with 3D metal printing technology. This has the potential to result in reducing inventory holding costs, freight and manufacturing lead times,” David ends.
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