Abtin Engineering Company

What Abtin Engineering Company does

Abtin Engineering Company (شرکت مهندسی نوآوران صنعت آبتین) is an Iranian private company founded in 2010 that provides Risk-Based Inspection (RBI) software and related engineering services to the oil, gas, and petrochemical industries. The company was established by graduates of Iran University of Oil and Gas and was among the first providers of RBI services in the Iranian market. Its core product is RBI Master, a software implementation of the API RP 581 3rd edition standard, supplemented by CRC Master, a corrosion rate calculator module covering twelve distinct corrosion mechanisms including oxidation, sulfidation, naphthenic acid, and HIC/SOHIC.

The company's offering combines proprietary software with professional services encompassing RBI consulting, system auditing, Fitness For Service assessments, and training. The technical stack is built around deterministic engineering calculations derived from international inspection standards rather than data-driven or machine learning approaches. The company distributes RBI Master via a direct sales model to enterprise customers, supported by tutorial content and a demo request funnel on its website.

Commercially, the business operates on a mixed revenue model: recurring software subscriptions for the RBI Master / CRC Master tooling, and project-based fees for consulting, auditing, Fitness For Service analysis, and training engagements. The customer base is concentrated in Iran's domestic oil, gas, and petrochemical sectors, with no disclosed international footprint, named enterprise logos, or partnerships. No external funding, headcount data, or certifications are disclosed in the available material.

Name

Abtin Engineering Company

Legal name

شرکت مهندسی نوآوران صنعت آبتین (Abtin Engineering Company)

Website

https://abtineng.ir

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Abtin Engineering Company is an Iranian private firm that provides Risk-Based Inspection software (RBI Master, CRC Master) and related engineering services to enterprise customers in the domestic oil, gas, and petrochemical industries.

Ownership category

akta.pro rank

Headquarters

HQ city

Isfahan

HQ country

Iran

HQ region

Middle East

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. RBI Software Supply and Support: Supply and support of Risk-Based Inspection (RBI) software, including customization and feature additions based on customer requirements.
2. RBI Implementation Consulting: Consulting services for deploying risk-based inspection technology in industrial facilities.
3. RBI System Auditing: Auditing services for risk-based inspection systems to ensure compliance and effectiveness.
4. Fitness For Service Analysis: Engineering analysis services to evaluate equipment fitness for continued service with identified defects.
5. RBI Training Services: Educational services in the field of risk-based inspection, including certification courses.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Abtin Engineering Company develops and supplies the RBI Master software platform for implementing Risk-Based Inspection (RBI) systems in oil, gas, and petrochemical facilities, built on the API RP 581 (3rd edition) standard. The company also delivers CRC Master, an integrated corrosion rate calculator module, and complements its software with consulting, system auditing, Fitness For Service (FFS) assessments, software support, and training services for industrial clients.

Product overview

Abtin Engineering Company offers a unified software platform centered on RBI Master for risk-based inspection implementation in the oil, gas, and petrochemical industries. RBI Master serves as the core platform for deploying complete RBI technology, while CRC Master functions as an integrated module within RBI Master for calculating corrosion rates across various alloys and mechanisms. The company also provides associated services including RBI software support, consulting, system auditing, Fitness For Service assessments, and RBI training.

Differentiator

Problem solved

Functional benefit

Brands

• RBI Master: Risk-Based Inspection software developed based on API RP 581 third edition for implementing RBI technology.
• CRC Master

Products and services

• RBI Master Risk-based inspection (RBI) software platform designed and developed based on the third edition of API RP 581. Enables full deployment of RBI technology for planning and prioritizing inspection activities based on equipment risk. Targeted at oil, gas, and petrochemical industry clients in Iran.
• CRC Master Corrosion Rate Calculator module integrated with RBI Master software. Calculates corrosion rates for various alloys caused by 12 different corrosion mechanisms including HCl corrosion, high temperature sulfidic/naphthenic acid corrosion, H2S/H2 corrosion, sulfuric acid corrosion, HF acid corrosion, alkaline sour water corrosion, amine corrosion, high temperature oxidation, acid sour water corrosion, cooling water corrosion, soil-side corrosion, and CO2 corrosion, based on Annex 2B of API 581 (2020 supplement).
• RBI Master Software Support Ongoing software support service for RBI Master delivered by a professional team experienced in both software and risk-based inspection. Includes the ability to add custom features based on customer requirements. Targeted at industrial clients that have selected RBI Master as their RBI implementation tool.
• Fitness For Service (FFS) Evaluation Engineering assessment service that evaluates whether equipment with defects such as localized corrosion or cracks can continue service safely, considering operational conditions. Targeted at industrial clients encountering defects during equipment inspections.
• Risk-Based Inspection (RBI) Consulting Consulting services for deploying risk-based inspection technology in industrial facilities, including planning and prioritizing technical inspection activities for equipment based on risk. Targeted at oil, gas, and petrochemical operators.
• RBI System Auditing Auditing services for risk-based inspection systems to verify compliance and effectiveness. Targeted at industrial clients operating RBI programs in their facilities.
• RBI Training Services Educational services covering risk-based inspection concepts and RBI Master software use, including certification courses. Targeted at inspection engineers and technical staff in oil, gas, and petrochemical companies.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• DNV: DNV provides Risk-Based Inspection software (e.g., Synergi Plant RBI / DNV RBI software) and asset integrity management services to oil & gas and petrochemical operators globally. It is the most directly comparable international counterpart to Abtin's RBI Master offering in terms of both product (API-standard RBI software) and service (RBI implementation, auditing).
• Quest Integrity (a Baker Hughes company): Quest Integrity delivers advanced inspection, fitness-for-service, and integrity engineering services plus integrity management software to refinery and petrochemical operators. Its FFS and integrity management focus maps closely to Abtin's FFS and RBI service offerings, even though its software stack is more inspection-data-oriented than risk-based.
• Mistras Group: Mistras provides asset integrity solutions — including inspection, condition assessment, and risk-based services — to oil & gas and petrochemical operators. It is directly comparable to Abtin's consulting/auditing and FFS lines, with overlapping emphasis on integrity data and risk assessment methodology.

Regional players

• Velosi Asset Integrity (part of Velosi Group): Velosi is a Middle East-headquartered asset integrity firm offering RBI, inspection, and corrosion services to oil & gas and petrochemical operators in the GCC and broader region. It is a regional peer comparable to Abtin in service mix and customer base, though primarily serving Gulf states rather than Iran.

Broad incumbents

• Intertek: Intertek's Industry Services division delivers asset integrity management, inspection, and corrosion/risk-based services to the oil, gas, and petrochemical sectors. It is comparable to Abtin in the services and risk-management layer (auditing, FFS, integrity programs), though it does not market a dedicated RBI software product comparable to RBI Master.
• Bureau Veritas: Bureau Veritas is a global TIC major with a dedicated Asset Integrity Management practice covering RBI, FFS, corrosion, and inspection services for oil, gas, and petrochemical clients. It overlaps directly with Abtin's RBI consulting/auditing and FFS lines, but operates at much broader scale and across many geographies.
• Wood plc: Wood operates an Asset Integrity & Optimisation business that delivers RBI programs, corrosion engineering, and integrity management software/services to oil & gas and petrochemical operators. Its consulting-heavy offering mirrors Abtin's RBI implementation and FFS services and targets the same customer personas.
• Applus+: Applus+ provides inspection, integrity, and asset reliability services — including RBI consulting and implementation — to oil, gas, and petrochemical customers worldwide. It competes with Abtin's professional-services and software-support lines and shares the same target buyers, although Applus+ spans many more verticals.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/abtin-engineering-company

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Abtin Engineering Company