asset protection

Note: Elements are subject to continual change and evolution.

Disclaimer: This is only a current service offering and is not represented as, or intended to be a fully exhaustive set of complimentary steps, but rather as services which have value in being outsourced and can form part of a successful AIM programme based on the asset, lifecycle phase and individual client requirement.

Download Asset Protection Capability

Service Overview

As the global Oil & Gas industry matures and learns from the realisation of tragic and catastrophic incidents such as those experienced from Piper Alpha & more recently the Deepwater Horizon (Macondo) disaster, there is a perpetual need to successfully manage the associated hazards, in an inherently hazardous industry, through effective mitigation or elimination of risk, in order to safeguard life, the environment, physical assets, and the reputation of corporations. Tolerance towards industrial "accidents" from the responding public has also matured to the expectation that anything other than zero incidents is now regarded as broadly unacceptable.

Asset Integrity Solutions is committed to helping clients ensure their assets are protected against loss or major accidents, so far as reasonably practicable.

2015 is experiencing a downturn in the oil price which has driven operators to reduce expenditure with potentially grave consequences in future years. "Asset integrity must not suffer from short term expediency over where the axe falls. Leadership is critical to avoid wrong assumptions being made about the lifespan of assets, assumptions we know from previous experience can take years to reverse." - Judith Hackitt, Health & Safety Executive, 2015 Link to article here

8 Key Elements

The benefits associated with a robust Asset Integrity Management System are realised through the ability to detect high-potential incidents and prevent Major Accident Hazards, which are key contributors to social responsibility & corporate reputation in that no activities undertaken by the company result in harm to people, the environment & physical assets, with further benefits realised through solid financial returns from exports from the plant in order to benefit stakeholders. This is of holistic benefit to the industry & related government bodies, and to the economy as a whole, when the public regard usual operations as “safe”.

Key issues to be addressed within the organisation are to firstly understand and identify the inherent hazards which are to be dealt with, then, using qualitative and quantitative means, design, fabricate, construct, commission then operate & sustain those barriers to achieve ALARP risk, understanding all (cumulative) effects of risk. In order to operate & sustain integrity, this will involve the inspection, testing & maintenance of barriers (in any form) in order to prove and verify their functionality as outlined in their performance standard or assurance activity. The processes to be followed, and personnel requirements (of training & competency levels) would also be clearly documented, with the suitability for purpose able to be demonstrated.

Download Element Capability