Plant Asset Management

Asset performanceimprovement

Our service

We identify and deliver improvement opportunities that will allow you to meet your business objectives for safety, integrity, production and reliability successfully.

Our experienced technical consultants, in combination with our propriety and industry standard processes and tools are able to design, implement and sustain asset performance improvement.

Our consultants and software solutions provide visibility of your assets, allowing for better informed and quicker operational decisions, reducing downtime and risk. It’s our goal to help you achieve operational excellence in all we do.

Typical deliverables

We cover a wide range of tools and methodologies including:

• maintenance optimisation

• reliability improvement programmes

• root cause failure analysis (RCFA)

• materials management and spares optimisation

• reliability, availability and maintainability (RAM) modelling

• risk based inspection (RBI) programme optimisation

• process safety and performance standards for existing operations

• condition based maintenance

• operational support

• management of change programmes and training/knowledge transfer

• continuous improvement

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 BuildME™ software:

BuildME™ is our proprietary development environment that integrates all aspects of asset performance management.

Our technical delivery models simplify the development process, allowing us to deliver in cost and time effective ways the high standards of quality our clients expect.

Asset performance improvement

Our achievements

Our client projects include:

• managing and delivering a major exercise to enhance the quality of job plans associated with executing maintenance on ten offshore platforms operating in the North Sea

• developing and implementing an RBI methodology and programme on mature onshore operating assets and a new offshore facility for a European based operating company, incorporating knowledge transfer for sustainable performance

• the set-up and on-going management of a condition based maintenance programme for a major FPSO operating company, for 19 vessels, delivering expert analysis in driving performance improvement

• developing and implementing standard equipment maintenance strategies for a number of major operating companies, leading to significant improvement in terms of the quality, standardisation and optimisation of maintenance programmes for existing assets

• supporting a major North Sea operator, over five years, as the third party auditor of management systems associated with the control of major accident hazards, leading to the identification of a number of risk mitigation measures

• completed a maintenance optimisation programme, involving initial reliability and availability modelling (RAM) leading to a comprehensive review and enhancement of their CMMS, driving cost reductions and enhanced workforce utilisation for a leading North Sea Operator

Plant Asset Management