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Articles

Digitalization for Pipeline Construction

Posted on Aug 30, 2018 | Category: Pipeline, Data collection, Pipeline construction

Digitalization for Pipeline Construction   Article

In our previous article, we examined the benefits of digitalization for asset integrity management. This month, we are examining the ways that digitalization can be leveraged in pipeline construction projects for improved quality assurance, project efficiency, and overall ROI.

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Leverage the Industrial Internet of Things (IIoT) for Improved Profitability and Integrity Management

Posted on Jul 31, 2018 | Category: Internet of Things, IoT, Asset Integrity Management

Industrial Internet of Things (IIoT)

Owner operators of asset-intensive corporations are starting to realize the operational and profit potential of harnessing new technologies, namely the Industrial Internet of Things (IIoT). IIoT refers to the phenomenon of utilizing technology to connect a series of physical assets to measure and/or enhance industrial processes. Essentially, it equates to digitalization. In the world of asset integrity management (AIM), this means intelligent analytics to modernize the plant to an asset-control environment. Adopting IIoT helps owner operators to automate, improve and transform their processes for increased profitability, enhanced safety, and reduced loss of containment.

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Integrity Manuals:
The Most Significant Factor in Avoiding Asset Failure

Posted on Apr 17, 2018 | Category: Asset Integrity Management, AIM, Integrity Manuals

Integrity Manuals:The Most Significant Factor in Avoiding Asset Failure

By now, the benefits of utilizing a comprehensive Asset Integrity Management (AIM) software have been firmly established. Yet, an AIM product is only as good as the sum of its parts. One of the key elements of any AIM software – indeed, the building block from which it is formed – is one of the least discussed. Namely: Integrity Manuals (IM).

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Leverage AIM for Improved Pipeline Integrity Management

Posted on Feb 13, 2018 | Category: Asset Integrity Management, Pipeline, AIM

Pipeline Integrity Management

When it comes to asset integrity management (AIM), few sectors are as comprehensive and in need as the pipeline industry. With potentially hundreds of miles of pipeline segments, a multitude of different assets across initial gathering and process facilities, and the exorbitant amount of data captured from the initial pipeline construction through the asset’s lifecycle, it is no wonder that an entire market of products exists with the sole purpose of managing pipeline integrity. In fact, many owner operators of pipelines today utilize such programs, called Pipeline Integrity Management Systems (PIMS), for their mechanical integrity needs.

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Asset Performance Management vs Asset Integrity Management: What’s the Difference?

Posted on Nov 07, 2017 | Category: AIM, Asset Integrity Management, APM, Asset Performance Management

Asset Performance Management vs Asset Integrity Management

Two “buzz terms” have been floating around in the world of asset management recently: Asset Performance Management (APM) and Asset Integrity Management (AIM). Semantically, they appear to be very similar. Indeed, that has led to a lot of confusion throughout the industry. Professionals from asset-intensive organizations are often asking: What are these terms? Do they mean the same thing? If not, what’s the difference? Why should I care?

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Harness Asset Integrity Management to Maximize LNG Liquefaction Expansion

Posted on Sep 22, 2017 | Category: Asset Integrity Management, LNG

LNG Tanks

The LNG industry is expanding rapidly, growing 4-6% annually. In fact, LNG now accounts for 12% of all gas demand. [1] This is in large part due to new technologies that have surfaced in the industry in recent years – namely offshore facilities like Floating Storage Regasification Units (FSRUs) and Floating Liquefaction – that are increasing the market’s reach and encouraging global liquefaction development. [2]

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Best Practices for Implementing a Risk Based Inspection (RBI) Program

Posted on Aug 11, 2017 | Category: RBI, Asset Integrity Management, Visions Enterprise

Risk Based Inspection matrix

The immediate cost saving advantages of adopting a Risk Based Inspection (RBI) approach to asset integrity management are gaining momentum. More and more corporations are realizing that RBI, with its ability to intelligently analyze equipment’s probability of failure (POF) vs consequence of failure (COF), is the more prudent approach to managing their critical assets. It assures that a structured, systematic, and technically defensible approach is used to make decisions. After all, it drastically reduces instances of equipment failure and more than halves the likelihood of unplanned shutdowns.

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Improving Mining Operations with Asset Integrity Management Software

Posted on Jun 30, 2017 | Category: Asset Integrity Management, Mining, Oil Sands

Oil Sands refineries require maintaining their mechanical integrity to ensure proper functioning

When it comes to centralized asset integrity management (AIM), few industries have as critical a need for it than the Mining industry. In particular, many Oil Sands Mining companies have benefited dramatically from implementing these innovative and pro-active mechanical integrity solutions to manage and protect their critical assets.

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Regulatory Compliance in Asset Integrity Management

Posted on Apr 24, 2017 | Category: Asset Integrity Management, Regulatory compliance

Regulatory Compliance checklist for plants, pipelines and facilities

When it comes to implementing a mechanical integrity management program to protect critical assets, one of the most essential factors to consider is regulatory compliance. Adherence to regulatory standards protects owner operators from costly fines or possible insurance benefit losses that may accompany failed audits. Further, it expands the profit potential of the organization by improving equipment reliability and reducing costly instances of critical asset failure.

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Improving Project Expediency, ROI for Pipeline Construction Management

Posted on Dec 08, 2016 | Category: Pipeline, Data collection, Reporting, Regulatory compliance, Pipeline Enterprise

Inspection of pipeline construction using Pipeline Enterprise software

In a world dependent upon the transportation of fossil fuels, fewer industries have a more pressing need to ensure project success than that of pipeline construction and inspection. With safe, timely, project operations at the forefront of this industry’s needs, why is it still so dependent on dated, inefficient practices?

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