Abstract
This paper presents a comprehensive analysis of implementing circular economy principles in the electrical submersible pump (ESP) industry to enhance sustainability and reduce carbon footprint. Focusing on the Dismantle, Inspection, and Failure Analysis (DIFA) process, the study quantifies its impact on carbon emissions and evaluates key practices, such as component refurbishment and recycling. The research examines how collaboration between vendors and customers for failure analysis generates valuable insights, leading to enhanced product life and decreased manufacturing requirements. The findings demonstrate significant reductions in carbon dioxide (CO2) emissions associated with rig operations and component production. This research contributes novel insights into ESP afterlife and circular business models, filling a gap in petroleum industry literature and offering a framework for sustainable practices in artificial lift systems.
