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SGS and Baker Hughes Launch Cooperation on Predictive Corrosion Management
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SGS and Baker Hughes, a GE company (NYSE: BHGE), announced today a Strategic Alliance Agreement (SAA) for the joint deployment and commercialization of BHGE's real-time software and sensor-based Predictive Corrosion Management (PCM) solution. Leveraging the capability of the Industrial Internet of Things (IIoT), PCM will enable asset owners to increase their ability to monitor their facilities, and detect and predict corrosion issues using real-time data powered by BHGE's ultrasonic sensing technology and advanced analytics. François Marti, SGS Chief Operating Officer North America, and Holger Laubenthal, CEO of Inspection Technologies for BHGE, signed the SAA in the presence of customers and company officials during a recent conference in Houston.

"This partnership with BHGE will enable SGS to broaden its asset integrity service offering with advanced digital inspection solutions that will greatly benefit our oil & gas clients," said François Marti, SGS COO North America.

PCM generates wall thickness and temperature measurements from Rightrax PM ultrasonic sensors placed on critical equipment such as pipes, tanks, and vessels; the solution applies advanced analytics, resulting in real-time assessment of data that has traditionally been gathered through risky and time-consuming manual inspections. While particularly valuable to oil & gas downstream, petrochemical, and upstream asset operators, PCM can help any industry segment challenged by corrosion-related risk. PCM is one essential tool to help asset owners benefit from enhanced plant reliability and integrity programs, while maximizing operational safety and extending asset life.

"PCM is one of our core offerings to help customers make the invisible, visible," said Holger Laubenthal, CEO of Inspection Technologies for BHGE. "We are looking forward to working with SGS to accelerate deployment of PCM, a predictive digital solution that is becoming a benchmark for corrosion monitoring across several industries. This agreement will play a key role in improving safety, reducing equipment downtime, and improving operations for our customers globally."

SGS provides visual inspection and non-destructive testing services to large industrial assets, both in-service and during regular shutdown events, helping to ensure industrial asset integrity globally. BHGE's Inspection Technologies business, part of its Digital Solutions segment, has been one of SGS' suppliers of non-destructive testing (NDT) technology for years and is itself providing industrial asset owners with critical technological solutions and services. Combining SGS' broad network and asset integrity expertise with BHGE's technological expertise will ensure rapid deployment of PCM, and drive scale in the market for inspection and maintenance services and technology.

About SGS
SGS is the world's leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 95,000 employees, SGS operates a network of over 2,400 offices and laboratories around the world. Visit us at https://www.sgs.com/en/campaigns/predictive-corrosion-management

About BHGE
Baker Hughes, a GE company (NYSE: BHGE) is the world's first and only full stream provider of integrated oilfield products, services and digital solutions. We deploy minds and machines to enhance customer productivity, safety and environmental stewardship, while minimizing costs and risks at every step of the energy value chain. With operations in over 120 countries, we infuse over a century of experience with the spirit of a startup – inventing smarter ways to bring energy to the world. Visit us at BHGE.com.