Team Inc's Business Segments

We are a leading provider of standard to specialty industrial services, including inspection, engineering assessment and mechanical repair and remediation required in maintaining high temperature and high pressure piping systems and vessels that are utilized extensively in the refining, petrochemical, power, pipeline and other heavy industries. We conduct operations in three segments: TeamQualspec Group (“TeamQualspec”) (formerly the Inspection and Heat Treating Services Group), TeamFurmanite Group (“TeamFurmanite”) (formerly the Mechanical Services Group) and Quest Integrity (“Quest Integrity”). Through the capabilities and resources in these three segments, we believe that Team is uniquely qualified to provide integrated solutions involving in their most basic form, inspection to assess condition, engineering assessment to determine fitness for purpose in the context of industry standards and regulatory codes and mechanical services to repair, rerate or replace based upon the client’s election. In addition, the Company is capable of escalating with the client’s needs, as dictated by the severity of the damage found and the related operating conditions, from standard services to some of the most advanced services and integrated integrity management and asset reliability solutions available in the industry. We also believe that Team is unique in its ability to provide services in three distinct client demand profiles: (i) turnaround or project services, (ii) call-out services and (iii) nested or run-and-maintain services.

Team Inc. Overview

Team Inc. operates primarily in the industrial services sector, offering a wide range of specialized inspection, repair, and maintenance solutions through its two main divisions: TeamQualspec Group and TeamFurmanite Group. Each division provides a comprehensive suite of services targeted at enhancing safety, efficiency, and compliance in industries such as oil and gas, manufacturing, power generation, and energy.



TeamQualspec Group

Overview:
TeamQualspec Group specializes in inspection and heat treating services that ensure the integrity and longevity of industrial equipment and structures. The group offers a variety of Non-Destructive Evaluation (NDE) services alongside more specialized functions to cater to the nuanced needs of its clients.

Service Segments:

1. Non-Destructive Evaluation and Testing Services (NDT/NDE):
- Radiographic Testing (RT): Utilizes X-ray and gamma-ray radiation to identify internal and external defects in metallic components.
- Ultrasonic Testing (UT): Employs ultrasonic waves to identify surface and subsurface flaws, as well as to measure material thickness, using advanced methods including automated scanning.
- Magnetic Particle Inspection: Detects surface and near-surface discontinuities in ferromagnetic materials through magnetic fields and particle application to locate flaws.
- Liquid Penetrant Inspection: A widely used method for identifying surface discontinuities on various materials through the application of liquid penetrants that reveal cracks upon inspection.
- Positive Material Identification (PMI): Quickly identifies the chemical composition of materials onsite to ensure appropriate material usage for applications.

2. Electromagnetic Testing:
- Involves methods that utilize electrical and magnetic fields to identify flaws or defects in conductive materials.

3. Advanced Techniques:
- Alternating Current Field Measurement (ACFM): Specialized in detecting cracks while being operable through coatings and paint.
- Eddy Current Testing (ECT): Suitable for non-ferrous materials to detect flaws using electromagnetic induction.
- Long-Range Guided Ultrasonics: This method enables the detection of defects over extensive pipe lengths, allowing for minimal disruption.
- Phased Array Ultrasonic Testing (PAUT): Provides multi-angle detection capabilities for enhanced analysis of flaws.

4. Tank Inspection and Management:
- Through its subsidiary TCI Services, TeamQualspec offers comprehensive above-ground storage tank inspections, repairs, and management, ensuring adherence to API standards.

5. Mechanical Integrity and Rope Access Services:
- Ensures the safety and reliability of critical infrastructure through inspections and maintenance while utilizing cost-effective rope access methods to minimize downtime.

6. Field Heat Treating:
- Provides specialized heat treating services, enhancing the metallurgical properties of industrial components to support effective operation under various conditions.



TeamFurmanite Group

Overview:
TeamFurmanite Group specializes in repair and maintenance solutions, offering services tailored to both planned and unplanned project environments. The division focuses on minimizing downtime and ensuring operational efficiency across various sectors.

Service Segments:

1. Leak Repair Services:
- Offers on-stream repair solutions for leaking pipelines, valves, and flanges, employing innovative techniques like composite repair and custom-designed clamps to facilitate repairs without shutdowns.

2. Fugitive Emissions Control:
- Provides VOC leak detection and management services that aid in compliance with environmental regulations and support clients in their maintenance strategies.

3. Hot Tapping Services:
- Specializes in performing hot taps and line stop services that allow for pipeline modifications without process interruptions, featuring capabilities for large diameter pipelines.

4. Field Machining and Technical Bolting Services:
- Utilizes portable machining tools to perform repairs and modifications on-site, including flange facing and line boring. This segment is complemented by technical bolting services that ensure reliable and safe connections.

5. Valve Repair and Maintenance:
- Executes both on-site and off-site repairs on various valve types, including pressure relief valves, with capabilities to manufacture components on-site to minimize equipment downtime.

6. Field Welding Services:
- Provides certified welding services across industrial applications, authorized for crucial components like nuclear and pressure vessels.

Isolation and Test Plug Services:
- Offers installation of isolation plugs for safe pipe cutting and welding processes without requiring a complete system purge, and provides test plugs for verifying the integrity of welds.

8. Valve Insertion Services:
- Features the patented InsertValve™, allowing for valve installations under pressure, eliminating the need for line shutdowns, facilitating emergency repairs while extending valve lifespan.



Conclusion

Team Inc. stands as a leader in industrial inspection, repair, and maintenance services through its two specialized groups. They leverage advanced technology and a skilled workforce to provide comprehensive solutions that ensure the operational integrity and safety of critical industrial components across various sectors. By continuously adapting to industry standards and regulatory requirements, Team Inc. positions itself to meet the evolving challenges faced by its clients in the industrial landscape.