Petrofac News 1700X397
07 August 2017

Petrofac partners with Energy Institute

Petrofac has been awarded a research study from the Energy Institute’s Process Safety Committee in a bid to help improve maintenance management performance across the oil and gas industry.

Under the terms of the agreement, Petrofac will conduct interviews and deliver a workshop with several international Operators, industry bodies and regulators. The purpose of these will be to assess the measures and key performance indicators (KPIs) currently used by the industry to manage maintenance.

Steve Johnson, Vice President Asset Management, Petrofac Engineering & Production Services, said: “Maintenance performance affects a number of areas, including safety, production and cost. Yet, there is currently no common approach to defining and reporting maintenance KPIs across the industry. We are delighted to be part of a project that will address this by looking at how KPIs can be better used to drive improvement going forward.”

Once Petrofac has received and analysed the input information, it will deliver a research report to the Institute’s Process Safety Committee that intends to better inform member companies on good practice relating to optimising maintenance measures and KPIs. This work will help to determine whether there is a desire to standardise these maintenance measures and KPIs across the upstream oil and gas industry.

Dr Mark Scanlon, Head of HSE Good Practice, Energy Institute, said: “Petrofac was selected to lead this technical development project because its specialised asset performance consultancy has particular experience of working with the key international standards ISO 20815 and ISO 14224. By capturing industry experience of these standards and translating it we will better enable industry to report and optimise maintenance management measures and KPIs.

“The Energy Institute welcomes Petrofac’s engagement with its collaborative technical work programme, which carries out research and knowledge development for 40 energy company partners, delivering independent good practice on behalf of the wider industry.”