How do you tackle the growing risks posed by ageing assets?
Increased risk of equipment failure and maintenance costs usually go hand in hand with ageing assets. Yet according to industry analyst EY*, over 50% of global oil and gas production comes from assets beyond the midpoint of the asset life cycle.
It makes Asset Integrity Management (AIM) ever more important, helping to ensure the equipment is fit for purpose, and that it functions when needed to contain, prevent, or mitigate the consequences of a release of hazardous materials or energy.
In SAPs 2014 Benchmark Report, it’s clear that even if most companies know what they should be doing in terms of a proactive AIM approach, only a small number of organisations were actually doing it:
To complicate matters, ageing assets and growing safety critical backlogs are exposing plant operations to the major risks they were designed to avoid.
Pressures to deliver reduced costs and better returns are driving many organisations to focus on the short to medium term. As a result, requests for inspection and maintenance could be seen as problems and hindrances – rather than essential for longer term integrity and reliability.
It’s a major challenge: asset integrity priorities can be drowned out in the noise of all the other priorities.
Proscient, the new Operational Excellence software platform, brings all the activity and risk into one place and gives everyone the same view of the operational reality. By looking at three simple screens, everyone can now see and manage activity and risk across the enterprise: by knowing what’s happening, where it’s happening and when.
Proscient provides a holistic approach that removes silos. The software creates a common currency of risk that allows everyone to understand and assess risk by the same criteria, see its cumulative impact on the operational reality. You can see the health of your barriers and what is impacting them.
The result? Proscient ensures that risk is one the key lenses through which all work is prioritised, defined, planned and executed, turning the intent of your AIM programme into reality.
Three screens, one operational reality
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Now we can understand our operational risk, see how it impacts the operational reality and make decisions with confidence.
Now we can prioritise our 14/28/90-day plans to manage risk and optimise production.
Incorporating my shift diary in Proscient gives me a complete picture of scheduled activity, risk and Ops resource in my part of the plant.
I can now use Proscient’s visualisation to actively manage workload, risk and resources in real time.
Process Safety Management is now connected to its impact on operations – so everyone can make better operational decisions.
Better operational decisions are creating measurable efficiencies – and improving my leading risk indicators.
"Process safety became part of the vernacular of the energy business… However, it has also led to a reduction in responsibility and understanding of operational risk by operations staff… In other words, operational risk has come to mean process safety and has been separated from operational performance as a whole, with the former managed by safety professionals and the latter by operational professionals."