We’re committed to designing, building and operating assets that are safe, reliable and meet or exceed their specified purpose.
Key to this is our Asset Integrity Framework, which enables us to take a structured and consistent approach to integrity across all Group operations. As we often operate ageing assets, it’s particularly important for Petrofac to take a rigorous approach to asset integrity management.
In 2017, we were responsible for managing and ensuring the integrity of a total of 21 operating assets. The number of assets varies throughout the year, as new assets come on stream and others transition out. We also seek to apply these asset integrity principles across the wider Group services to clients in support of their operations.
Every month, each of our operating assets is obliged to report against 20 key performance indicators, which are derived from the UK Health and Safety Executive’s guidance on Developing Process Safety Indicators. These comprise:
Drawing on this data, an asset integrity dashboard is published monthly and distributed to more than 100 people across the Group. Additionally, our Asset Integrity Review Board, consisting of senior representatives from each operating asset, holds monthly meetings to review performance, discuss integrity issues and receive challenge and support from their counterparts.
We continue to review and enhance our approach to asset integrity and assurance. Developments in 2017 included:
Objectives for 2018 include:
Our experience and expertise in asset integrity management means we can offer tailored services to a wide range of clients.
In Petrofac, Asset Integrity is strongly recognised, promoted and managed as the partner to our drive for safety. We assure plant and equipment is fit for purpose through good processes and competent people, minimising the likelihood of major accidents.
Ian Wright, Head of Integrity Assurance
Our Framework helps us to take a structured and consistent approach to asset integrity across all our operations