Condition-Based vs Reliability-Centered Maintenance
Condition-Based Maintenance and Reliability-Centered Maintenance are both popular and often confused concepts in Asset Integrity Management. Indeed, they share some common goals: minimizing downtime, reducing maintenance costs, and ensuring the reliability of critical assets. However, understanding the distinctions between these two approaches is crucial for any industry looking to optimize maintenance strategies. Condition-Based Maintenance (CBM) Condition-Based Maintenance consists of a predictive maintenance approach that analyzes the historical performance data of machines to forecast when one is likely to fail, limit the time it is out of service, and identify the root cause of the problem. The idea here [...]
How to optimize Industrial Safety and Risk Management
The International Association of Oil and Gas Producers reported a 36% increase in offshore fatalities from 2020 to 2021. This concerning rise underscores the inherent safety challenges of the industry. Certainly, this sector is subjected to safety threats due to the complex processes and hazardous environments in which it operates. For this reason, high-complexity facilities such as oil and gas need to target safety and risk assessments as fundamental pieces of operational management. But what are the main concerns of the oil and gas industry regarding risk management? Concerns regarding risk management in the O&G Industry [...]
Benefits of Predictive Maintenance for Christmas Tree Equipment in the Oil and Gas Industry
Predictive maintenance is a modern approach to equipment maintenance that aims to predict potential failures and prevent them before they occur. In the oil and gas industry, the importance of maintenance cannot be ignored, as equipment downtime can result in significant financial losses and a decrease in production, as well as a safety risk. For example, one of the most relevant equipment for upstream oil and gas industries during the product extraction phase is the Christmas Tree, which is largely responsible for controlling productivity and safety in the operation. In other words, a failure that impairs its operation can [...]
Paper vs Digital Inspections
Intro Oil and Gas operations pose unique challenges to their operations when the matter is inspection and maintenance. Since this kind of activity involves a variety of risks and complexities, it is not uncommon to find field workers filling out paper reports, and walking around the facility looking for potential problems. This is a traditional-manual method, on which oil and gas companies relied throughout the years when performing risk assessments with the goal of preventing potential hazards that could compromise the continuity of the operation. Meanwhile, digital transformation has been disrupting the way things are done with increasingly advanced [...]
The Importance of Asset Performance Management in Today’s Business Environment
Introduction In today's fast-paced business environment, maximizing the performance of industrial assets is critical. Asset Performance Management (APM) is the process of optimizing the performance, reliability, and safety of physical assets, such as machinery, equipment, and infrastructure. Effective APM can help businesses reduce downtime, improve efficiency, and increase profitability. In this article, we'll explore the importance of APM in today's business environment and how it can help you stay ahead of the competition. From identifying potential issues before they become major problems to implementing proactive maintenance strategies, we'll cover everything you need to know to get the most [...]
Predictive maintenance to manage corrosion and reduce failure on Steel Industries
The hostile environment of steel industries is a major driver of the main problems faced by the industry: corrosion and low efficiency in the maintenance of structures and equipment. Knowing this, it is necessary to understand how to adapt the operation and data analysis processes to ensure that the value drawn from them is greater than the consequences generated by the environment. In this context, the predictive maintenance process will be presented and deepened in order to understand how it can be the solution to increase the efficiency and profitability of steel industries by facilitating the management of corrosion [...]
How is maintenance performed in process plants
Maintenance is a fundamental process for any industrial operation. It is very true that maintenance is not a type of investment that will result in more profits, however, investing in maintenance could be the same as not losing money. In this blog, we will explain key concepts for understanding the real value of maintenance programs and routines in a heavy-asset industrial process. Why is it necessary? As mentioned before, effective maintenance programs could be the key to not losing unnecessary money. Investing in maintenance is to ensure that processes, assets, and equipment [...]
