Asset management solutions

Our asset management solutions team is uniquely placed to help improve the performance of assets and maximise returns on asset-based investments due to its project and operational experience and associated data insights. 

Our data is our difference

We are unique in that we use insights and standard data sets from operating assets and learnings from historical maintenance builds, to deliver optimised maintenance and integrity regimes. 

Our understanding of the issues that affect asset performance and access to true operating data allows us to create solutions that:

• Improve safety and integrity
• Increase reliability and availability
• Reduce cost
• Assure compliance
• Improve the management of risk

We not only identify opportunities for improvement, but implement those measures too, through our integrated services. Our services support the operational life cycle, from pre-operations through to late life.

We take a systematic approach to asset performance challenges and use industry-leading software to support what we do.

Taking this approach, we can typically achieve:

• 30% cost savings from identifying and reducing maintenance requirements
• 20% cost savings from streamlined work execution processes
• 30% cost savings from identifying and reducing inventory
• 70% improvement in availability of inventory through an optimised repair and spare strategy

Integrated services:

• Performance improvement: physical asset benchmarking and assessments to identify opportunities for measurable improvement
• Technical solutions: technical support, development and implementation (including manpower provision and third party management) of maintenance and integrity systems, processes and programmes to achieve best-practice in asset management, maximised efficiencies across pre-operations and operations
• Machinery services: troubleshooting, project and vendor management for all rotating equipment

Proprietary Software

We develop proprietary asset management software solutions that ensure effective, efficient and consistent delivery of all our services.

BuildME – your data, only better

Petrofac’s BuildME software platform provides a fully integrated environment for the creation and continuous improvement of asset management data and operational excellence.

The single work management system supports asset data across the project life cycle, ensuring operations readiness for new assets and driving efficiencies in existing management programmes.

CBMnet – manage critical rotating equipment data

CBMnet is an online management reporting tool that enables our clients to optimise maintenance and manage delivery risk through the assessment of critical rotating machinery condition.

Deployed on more than 100 oil and gas facilities, the tool collates condition-based maintenance information, reports risk levels, assesses schedule compliance and provides clients with recommendations for action.

Click here to email Martin Layfield to find out more.