Three-dimensional printing (3DP)/additive layer manufacturing (ALM) allows the cost-effective and fast fabrication of parts with intricate/complex external and internal structure via the addition of material layer-by-layer in a controlled environment. Hence, 3DP/ALM related technology has a significant potential to mitigate most spare parts related challenges present in the offshore petroleum industry. That is especially the case in offshore petroleum operations in remote locations and harsh environments (e.g. Arctic operations), when parts can be printed on-site upon demand. Digitalized and localized supply chains enable the minimization of delivery lead-times. This is vital when there is a significantly large lead-time involved for spare parts to come from a warehouse or manufacturer. Putting multiple parts together into one minimizes future inspection and maintenance challenges, where, without 3DP/ALM, it is too expensive or impossible to produce with the existing conventional manufacturing approaches. Mass customization and 3D visualization allow industry leaders, engineers and technicians to gain a better understanding of the equipment operation. This manuscript provides a comprehensive investigation of the potential to use 3DP/ALM in general and within the offshore petroleum industry. In addition, it suggests a methodology for investigating optimal parameter settings (i.e. designing of parameter combination) when a 3DP/ALM machine supplier’s manual does not specify the parameter combinations for a certain metal and/or when the end-product requirements demand certain metallurgical properties and mechanical characteristics.