Maintaining assets that are reaching, or are already operating beyond, the end of their design life is a global challenge for the oil and gas industry.
We're focused on four key areas which will support our overall goal of reducing asset integrity costs by 50%.
Risk based inspection and data analytics
Using artificial intelligence and machine learning to feed in to risk-based inspection (RBI) can improve the accuracy and increase the efficiency of inspection programmes.
We're looking to reduce integrity management costs by 25%.
Detection and condition-based monitoring
Using sensor technologies to monitor the condition of your asset in real-time.
We're aiming to increase platform uptime by 10%.
Enhanced inspection techniques
Developing inspection technologies with improved measurements and efficiencies.
We're working to eliminate major incidents and reduce inspection costs by 50%.
Repair and mitigation solutions
Developing repair and mitigation technologies with improved performance and efficiencies.
With the aim of reducing repair and fabric maintenance backlog by 50%.