We Solve Engineering Problems
Our world revolves around industrial manufacturing and processing facilities, and we love to approach industry challenges from multiple angles. For more than 20 years, Equity has been solving engineering problems using our industry experience, creativity, and innovation to help our clients improve safety, reduce risk, and control costs.
We are Equity
For over 20 years, Equity has been a trusted partner in solving complex challenges across the refining and petrochemical industries. With a foundation built on curiosity, creativity, and ingenuity, we’ve earned our reputation as problem solvers, delivering practical and actionable solutions that prioritize safety, reliability, and performance.
Today, we are Equity, a unified and forward-thinking company that is focused on meeting our clients’ changing needs. Equity delivers specialized consulting, training, and corporate standards as well as develops innovative technologies to help you maximize equipment availability, manage risk, and control costs.
- Equity Engineering®: Specialized consulting services that solve engineering problems
- CorrSolutions™: Custom inspection and asset management solutions
- Equity Software®: Complete asset lifecycle management software
- Equity Engineering Practices®: Comprehensive and customizable corporate standards
- Equity Technical Institute®: Industry-relevant training to advance professional skills
- Equity Research™: Advanced software through research, exploration, and advanced technology
We approach every challenge with a detective-like mindset, uncovering opportunities where others see obstacles and crafting purpose-fit solutions for our clients’ unique needs. We remain dedicated to building on our legacy of problem solving and supporting our clients through their toughest challenges.
We are Technology Forward.
Equity's History
Equity founders began working in BP’s central engineering group in Cleveland, OH
Release of Sage, fitness-for-service (FFS) software, predecessor to SagePlus
David Osage lead developer and owner
Equity founders provide central engineering and fitness-for-service (FFS) services to refineries and chemical plants as a division of Hartford Steam Boiler
API 579 1st edition, Equity founders are lead investigators
Equity founders obtain ownership of the Engineering Practices
The Equity Engineering Group, Inc. is established with 13 industry experts in Ohio and Texas
API RBI – risk targets concept created
Lead investigator of ASME Boilers & Pressure Vessels (B&PV) Code Section VIII, Division 2
Damage mechanism documents (WRC 488, 489, and 490) developed for API 579
API 571 developed from WRC 489
API RBI includes Level 2 consequence modeler
Second Equity location opens in Clear Lake, TX
Damage mechanism software released
API RBI pressure relief device module developed and first commercial version with network capability released
Lead investigator of two code releases – API 579-1/ASME FFS-1 and ASME B&PV Section VIII, Division 2
Equity secures API RBI software ownership from API
Lead investigator of API 581 Risk-Based Inspection and API 579-2/ASME FFS-2
PlantManager platform combines RBI and FFS technologies into a single platform
Equity Engineering Practices launched
Equity becomes an employee-owned (ESOP) company
Applied Research & Development team created to develop new technologies
Equity completes purchase of Tower East building, designed by architect Walter Gropius
Equity’s North American market share grows to 33% of all active refineries
Lead investigator of API 597-1/ASME FFS-1 2nd edition and WRC 550 with new fatigue sections
Launch of eecWebTools
Lead investigator of WRC 562 with new brittle fracture rules
Established Software as a Service (SaaS) division combining Technology & Software, Engineering Practices, and R&D teams
Acquired SIMFLEX-II software from Liang-Chuan Peng, pioneer of piping technology
Acquired CorrSolutions for additional materials and corrosion expertise, as well as advanced thickness data analysis technology
20 years of providing engineering solutions for aging infrastructure in the refining, energy, petrochemical and chemical, and fertilizer industries
Addition of new West Coast office opens in Newport Beach, CA
Launch of SIMFLEX-IV
Testimonials
Equity Founders
“For more than 20 years, we have been solving complex challenges in the refining and petrochemical industries. We’ve also played a pivotal role in shaping ASME and API codes and standards that enhance safety, drive profitability, and address environmental concerns. Today, we are building on that legacy as industrial problem solvers, evolving into industrial detectives to meet the changing needs of our clients. By focusing on the energy future and expanding into other industrial manufacturing and processing sectors, the changes you see today set the stage for the exciting opportunities that lie ahead.”
David Osage
President & CEO, Equity
