Plant Asset Management

Asset integrity assurance

Our service

We provide asset owners and their stakeholders with the assurance that the risk to safety and performance is being appropriately managed. This is thanks to our proprietary AIRS software and the support of our global team.

Our specialist engineering services will ensure the best asset management infrastructure is established and implemented, following a systematic and robust process. This is achieved through proven methodologies and tools that evaluate the entire spectrum of integrity risks so we can provide recommendations allowing safety and performance to be assured.

Typical deliverables

• review of asset design: to ensure integrity is considered, risks identified and actions developed to eliminate or minimise the risk

• review of asset operations: to ensure integrity-related risks are understood and being effectively managed

• due diligence: examination of asset integrity and provisions for integrity management prior to acquisition or the acceptance of operational responsibility following asset transition

Why Plant Asset Management?

• we combine specialist knowledge in consultancy, management, engineering and software

• our team of high calibre, multi-skilled experts is there wherever you need us

• a continual investment to broaden our delivery capability helps us strive for excellence in all facets of our business

• our flexible, analytical and technically-minded approach lets us add value where others cannot

• we ensure assets meet international regulations and achieve optimum performance that stands the test of time

• an unrivalled heritage as part of a major engineering, consulting and operating company allows us to best understand your requirements

For more information on our provision of asset performance management solutions, please contact: pam@petrofac.com or visit us at www.petrofac.com

Our software solution

This service can be further improved with the use of our AIRS software:

Our Asset Integrity Reporting System (AIRS) integrates integrity management with audit tracking and associated risk mitigation.

We believe that identified risks can only be mitigated by carrying out one or more monitored activities. Our system delivers this with review dashboards and actionable reports to help you take action where it matters.

Asset integrity assurance

Our achievements

Our client projects include:

• development of an asset integrity management and assurance framework for capital projects that incorporated an asset integrity reporting system, enabling project delivery teams to assess, manage and report on integrity through the lifecycle of an asset

• implementation of a five year rolling assurance audit programme for a major North Sea operator

• development and implementation of an asset integrity management framework for a major offshore operating company to achieve best in class asset integrity performance

• development of operations integrity management standards and a performance management system for an international oil company

• development of a corporate asset integrity management policy for a North Sea operator

• independent technical assurance of the design, installation and commissioning of pipeline systems for a national oil company to provide confidence in their operational responsibility transfer

• review and optimisation of the maintenance and asset integrity policies, strategies and procedures for an international oil company

Plant Asset Management