Asset integrity management (AIM) services help oil and gas industries maintain assets to ensure better productivity, reliability, and safety by reducing risks and meeting relevant regulations. While the current decade has brought in a handful of challenges for the investment industry, especially in the oil and gas sector, as a result of the COVID-19-induced market turmoil and economic slowdown, investing in AIM services should be considered an essential part of the business.
Equipment on offshore rigs and vessels requires thorough inspection, maintenance, and appropriate repairs to ensure the best performance. Social distancing and regulations for contactless operations pose a serious threat and challenge to the oil and gas industry. In the COVID era, adopting technological advancements is the top-secret to boost efficiency, safety, cost-effectiveness, and prepare for the new normal.
Why should you upgrade?
Paper-based processes, spreadsheets, and manual reporting cycles are no longer beneficial or sustainable from a productivity point of view. With thousands of assets getting connected to the internet, these legacy workflows can neither keep up with the enormous data being generated each second nor provide real-time visibility into critical production processes. Companies should think about data-driven preventive maintenance strategies that reduce cost and maintenance efforts. During these times of uncertainties when bolstering employee health and safety measures are crucial in the upstream oil and gas industry, industries should implement automated, remote AIM solutions that allow operators to monitor assets safely from onshore facilities to reduce the need for regular onsite visits.
Leveraging Digital Solutions to Make AIM Services Easier:
There is a wide range of opportunities in the asset integrity management services for the oil and gas industries in the U.K to ensure smooth operations and enhance AIM capabilities with the help of digital solutions.
With access to real-time data from oilfield sensor networks and SCADA (Supervisory Control and Data Acquisition) systems, oil and gas industries can streamline maintenance operations. This will also help reduce manual effort spent on data entry by boosting collaboration and communication among operators and field workers. Leveraging Augmented reality (AR) tools and asset integrity management software, are among the best ways to guide field workers through the oilfield and assist with inspection and overhaul, reducing time spent on onsite inspection and repair.
Inspection data management (IDM):
Oil and gas businesses can migrate all legacy data to a digital and reliable IDM database and formulate standard strategies to collect, populate, and analyze new asset data digitally within the IDM software. The software will serve as a single platform to manage all equipment types owned by the organization and provide up-to-date data for powering risk-based inspection.
Global Positioning System (GPS):
Integrating GPS in AIM helps businesses know where all its fixed and rotating assets are, and save time and effort spent on tracking asset movement or locating the equipment at the time of inspection.
Integrity Operating Windows (IOWs):
Integrity Operating Windows (IOWs) is a key component of high-tech asset integrity management programs. IOWs help oil and gas industries keep track of operating conditions in near real-time with early alert notification and take immediate corrective action to mitigate downtime risk.
Risk-Based Inspection (RBI):
Businesses should build risk models that consume real-time asset data to help produce smart inspection schedules and allocate resources accordingly while delivering maximum efficiency, efficacy, and safety. LifeTech Engineering’s RBLX software provides continual auditability of data and reports to meet this purpose.
Realizing ROI With Tech-supported Asset Integrity Management
Oil and gas assets include heavy machinery and myriad parts operating together in large systems, so their damage or failure costs an arm and a leg, and often, entire operations must be shut down in order to repair them. Shutdowns, turnarounds, and outages, and even regular maintenance often require shutting down assets if technicians do not have the certified mobile devices they need to efficiently and safely perform inspections during operation.
Utilizing intrinsically safe mobile devices and IoT sensors to capture real-time data in oil and gas environments not only makes processes more efficient but also saves time and money. Intrinsically safe tablets and IoT sensors enable organizations to predict and prevent or lessen potential asset integrity issues before they occur, thus mitigating risk and saving millions of dollars in averted downtime.
By accelerating digital transformation and ensuring the digital robustness of its AIM environment, oil and gas companies would be able to redeploy scarce financial and human resources effectively, helping them achieve their business objectives and thrive during uncertain times.
As the leading AIM Company, we are the ultimate choice for businesses requiring effective asset integrity management services in the UK. We offer experienced staff and resources required to meet and exceed your inspection, engineering, data management, and safety goals. Contact us today to find out how our services can help you implement and manage a fully compliant and effective asset integrity management solution.
Why do companies practice Risk-Based Inspection?
- To improve risk management results.
- To provide a holistic, interdependent approach for managing risks.
- To apply a strategy of doing what is needed for safeguarding the integrity and improving reliability and availability of assets, by planning and executing those inspections that are needed.
- To reduce inspections and shutdowns and provide longer run lengths without compromising safety or reliability.
- To safeguard integrity.
- To reduce the risk of failures.
- To increase plant availability and reduce unplanned outages.
- To provide a flexible technique able to continuously improve and adapt to changing risks.
- To ensure that inspection techniques and methods consider potential failure modes.
LifeTech’s RBLX-RBI software, incorporating the market-leading Non-Intrusive Inspection (NII) module, has distinct advantages over other RBI software:
- RBLX-RBI software follows API 581 & API 571, therefore, addresses more damage mechanisms and failure modes and produces higher quality, more rigorous, and more meaningful assessments.
- The integral NII module determines whether Internal Visual Inspection (IVI) can be safely deferred, thereby reducing the scope and timescale of a turnaround.
- RBLX-RBI can be modified to accommodate specific user operational requirements.
LifeTech Engineering will work with you to:
- Make your inspections more focused.
- Make your operations safer.
- Lower your costs.
- Keep your operations running safely.
- Maximise your inspection budget.
RBLX-RBI, incorporating NII, has shown excellent results on worldwide deployment, including a major UK refinery, and has been proven to be commercially competitive.
Contact LifeTech Engineering:
Keith Walton, Business Development Manager: +44 7307 350598
Oil and gas companies across the world are looking for ways to leverage technology in improving efficiency and reducing operating costs while increasing production levels. They are also under tremendous pressure to manage potential risks in terms of health and safety of personnel and ensure environmental safety.
At LifeTech Engineering, we are committed to strengthening your oil and gas company asset management by providing these professional services:
1. Asset Integrity Management:
Asset Integrity Management is preventive maintenance wherein repairs or replacements are scheduled ahead of time to ensure the asset has the capacity to function efficiently and accurately. This ensures that there are perfect measures in place to assure the asset’s life cycle.
A lot of equipment in the oil and gas industry is ageing. Asset Integrity Management activities have become important as they help prevent downtime, corrosion under insulation, and shutdowns. Asset Integrity Management can be managed at every stage of the asset’s lifecycle including project designing, asset operation and decommissioning, etc., however, asset integrity management services are not done in isolation – it is important that everyone is involved and has a unified understanding regarding the requirements of an Asset Integrity Management program.
2. Risk-Based Inspection:
RBI (risk-based inspection) is a process of developing an inspection based on the risk of failure, i.e., an assessment of the likelihood of failure because of factors like damage, flaws, deterioration, etc. along with an assessment of the consequences of such a failure. The risk-based analysis helps identify the damage that may be present, where such damage could occur and the rate at which such damage is likely to occur. It also assesses the danger that is likely to arise due to failure.
3. Fitness for Service (FFS) Assessment:
Fitness for Service Assessment is a process of defining flaw acceptance limits wherein stakeholders get to distinguish between acceptable and unacceptable flaws based on recognized good engineering practices. It is conducted to assess the structural integrity of equipment and determine its safety, thereby reducing failure and defects.
At LifeTech Engineering, we provide cost-effective and practical fitness for service assessment solutions that improve the reliability of your assets such as pressure vessels, tanks, piping, etc. We have built a track record in creating customized assessments and corrosion evaluation.
4. Ageing and Life Extension Management:
Around 50% of the world’s offshore infrastructure is in a life extension phase and vulnerable to ageing processes. Ageing and life extension management helps ensure the integrity of ageing assets and equipment so that they can continue to be safely operated..
Some of the issues managed by this process include understanding the effects of external or internal corrosion, structural degradation, maintenance backlogs, etc. LifeTech Engineering uses a range of software and technology that helps maintain technical integrity during an asset’s life extension period.
Asset management is a field that is gaining greater prominence in enhancing operational efficiencies for oil and gas companies. It provides a structured methodology for commissioning, operating, maintaining, and decommissioning assets in a cost-effective manner. Contemporary oil and gas facilities are being set up on a larger scale than ever before, having higher production and storage capabilities, to insulate them from market volatility and improve long term profitability. A well-designed asset management plan becomes even more essential for such high outcome projects in achieving their eventual objectives. Oil and gas asset management software is not bound by restrictions of scale or geographic distances and can be implemented to oversee multiple facilities from a centralized location. These solutions can help reduce equipment downtime, inventory control, resource management, save costs, and meet legal and regulatory compliances.
At LifeTech Engineering, we offer the best oil and gas software tools to aid your oil and gas businesses.
- An Integrity Management & RBI Software – RBLX
- A Fitness for Service (FFS) Software – FITest
- An Ageing & Life Extension Software – FUSION
RBLX is a quantitative RBI software suite created based on industry standards. This tool is highly efficient in identifying applicable damage mechanisms, and calculates corrosion rates, determines damage susceptibilities, estimates current and future risks, and recommends optimum inspection plans.
Perks of an RBLX software:
- offers immediate connectivity
- fast and highly competitive
- Helps in searching and routing-out historical evidence quickly and efficiently.
- Monitors and predicts equipment failures
- Prevents potential shutdowns
- Reduces turnarounds
FITest Fitness-For-Service (FFS) assessment software can be used to determine flaws or damage in the system by evaluating pressurized components. If the results of an assessment indicate that the equipment is suitable for the current operating conditions, then the equipment can continue to be operated at these conditions provided suitable monitoring/inspection programs are established. If the results of the Fitness for Service assessment indicate that the equipment is not suitable for the current operating conditions, then the software will recommend remediation. FITest interprets original equipment design data, maintenance and operational history, and specific requirements for data measurements and flaw characterization based on the damage mechanism and evaluates the system in two assessment levels. Level 1 provides conservative screening criteria that can be utilized with a minimum amount of inspection or component information. Level 2 provides a more detailed evaluation that produces results that are more precise than those from a Level 1 assessment.
Perks of FITest:
- Robust security
- Compliant with API 579/ASME FFS-1
- Automated assessment levels
- Offers recommendations for Level 3 assessment
- Integrity assessment of ageing assets
- supports cylindrical & spherical shells, formed heads, storage tank plates and shells, etc.
- evaluation for continued services
- evaluate current conditions & predict remaining life
- increase safety, reduce costs & shutdowns
Life Extension is the period beyond the design life for which a facility is to operate while still maintaining acceptable standards of operational and technical integrity. The major concerns arising from ageing and life extension present significant challenges for offshore oil and gas operations.
Many assets in the oil and gas industry are approaching or have exceeded their original design life. Poor ageing and life extension management increase the risk of health and safety concerns in the oil and gas industry. Most accidents recorded on the offshore oil and gas fields are a result of ageing facilities and asset integrity deterioration. Many fields still have recoverable oil and gas that can be extracted using the existing facilities or enhanced methods, and in some areas, new fields are tied into the existing platforms. Many offshore operators are requiring their installations to operate for several years beyond their original design life while continuing to meet business and regulatory requirements for reliability and safety.
From a safety point of view, keeping the integrity of equipment during the life-extension period is vital. Thus, formal assessments are needed to demonstrate that there is sufficiently technical, operational, and organizational integrity to continue safe operation throughout a life extension.
Perks of FUSION:
- robust security
- compliant with API and NORSOK documents
- API 581, 579 and API 571 damage mechanisms
- risk assessment based on API 581
- remaining life assessment based on API 579
- recommends life extension period
- recommends inspection, mitigation and maintenance
- increases availability, reliability, efficiency and safety
- integrity assessment of ageing assets
- evaluates current conditions and predict remaining life
LifeTech Engineering software suites are cloud-based and deliver accurate, consistent and compelling data giving you an opportunity to embrace and increase stakeholder confidence, improve your long-term supply chain costs and help increase efficiency and stability. Our dedicated support team helps in keeping your operations, maintenance, and procedures streamlined, safe and cost-effective. Contact us today, to integrate the best oil and gas asset management software in your business.
The 2017 annual health and safety data published for UK-based oil and gas industries reports that the industry has been continually improving performance in terms of safety. It also states that in over 50 million man-hours worked offshore, there were only 113 reportable injuries. This is because the government has publicly committed to process safety and asset integrity management.
But how does the industry maintain asset integrity management standards? Can an asset integrity management system in the oil and gas industry help deliver world-class operational performance?
Ideally, asset integrity management involves identifying and reducing safety risks, developing inspection and maintenance plans, and monitoring discrepancies in material conditions while ensuring continuous improvement.
Some of the challenges faced by the oil and gas industry include handling infrastructure that has outlived its original design life, dealing with an ageing workforce, dealing with unplanned outages, etc. Maintaining asset integrity helps avoid unplanned downtime and related safety and environmental incidents.
At LifeTech Engineering, we have implemented asset integrity management programs for oil and gas companies across the world, generating first-class operational performance. We have increased profitability for operators by combining risk-based inspection with corrosion inspection management and data management to reduce risk and ensure timely and accurate decision making.
Our process of assuring asset integrity spans the full lifecycle of the asset. This requires proper planning and experience to maintain integrity throughout the organization. It also ensures that the people, process, and resources required are in place and ready to perform when needed.
A typical asset integrity program includes:
- Risk-Based Inspection
- Corrosion management
- Reliability centred maintenance
- Condition-based maintenance
- In-service inspection
- Non-destructive testing
An asset integrity management system does not exist separately; it works only when all stakeholders have a unified understanding of how asset integrity can be applied to day to day working.