ROSEN provides recurring, regulatory-driven inspection and integrity management services focused on energy transmission pipelines. ROSEN operates from 25 locations and covers more than 120 countries. ROSEN's core service involves sending high-tech, precision sensors through pipelines to detect corrosion or cracks and identifying risk areas where maintenance is required and recommended.
Thematic
The pipeline inspection market is experiencing strong tailwinds that ROSEN is well-positioned to capitalize on. This includes greater inspection intensity driven by regulatory pressure; ageing transmission pipelines, especially in North America and Europe, which require more frequent inspections; and technological advances that are facilitating the inspection of previously difficult to inspect pipelines.
Partners Group is working with management to leverage ROSEN's existing capabilities to expand into future energy sources, such as hydrogen transportation pipes, as well as into adjacent markets. Key additional value creation initiatives include continued investment in R&D and technological innovation for the further adoption of automation and AI to drive data analysis, and the introduction of operational excellence initiatives.