Asset Integrity Management (AIM) in the oil and gas industry is a complex process which encompasses all the phases of an asset lifecycle from design to decommissioning and all these stages must focus on integrity. Asset Integrity can be defined as:
“The ability of an asset to perform its required function effectively whilst safeguarding life and the environment”
Good asset integrity is critical to our business, as a loss of asset integrity can have catastrophic effects, leading to major accidents that result in multiple fatalities as well as very large economic, environmental and reputational damage.
Asset integrity management is all about the prevention and mitigation of unintentional releases of potentially dangerous materials or energy.
Producing high-quality products at competitive prices is paramount to maintaining a successful business in today’s ever-evolving industrial landscape. Oil, gas and petrochemical operators are constantly challenged to ensure their facilities are safe and environmentally friendly and their production equipment is running smoothly and is available whenever required. In order to satisfy customers’ needs, operators are constantly looking for new, improved ways to ensure equipment and systems are available and operating as lean and efficiently as possible, and at the same time reducing cost.
Asset integrity management (AIM) is the means of ensuring that the people, systems, processes and resources that deliver integrity are in place, in use and fit for purpose over the whole life cycle of the asset. It is a process that requires an optimized balance between resources and output; ensuring asset integrity management is well structured and managed is key to its success in terms of a well-run and managed asset and a good return on asset production output.
Our AIM Services
LifeTech Engineering, based in Aberdeen-UK, is a leading provider of Asset Integrity Management (AIM) solutions to the oil and gas, petrochemical and power industries to evaluate the structural integrity of critical infrastructures.
LifeTech combines new and improved mechanical integrity technologies, traditional & advanced inspection techniques and software solutions to deliver a comprehensive Asset Management portfolio.
Our comprehensive Asset Integrity Management program has been designed to avoid failures over the Asset’s lifecycle including the following services:
- Risk Based Inspection (RBI)
- Fitness for Service (FFS)
- Remaining Life Assessment
- Corrosion Risk Assessment (CRA)
- Corrosion Management System
- Plant Life Extension
- Reliability Cantered Maintenance (RCM)
- Training Courses
Our Software Solution
We have developed four software packages to help in various stages of an Asset Integrity Management over equipment life cycle:
- RBLX RBI Software
- FITest FFS Software
- FUSION Life Extension Software
- gEAMain CMMS Software
Benefits of LifeTech’s Effective Asset Integrity Management Program
- Improved equipment reliability
- Reduction in equipment failures that lead to safety and environmental incidents
- Improved product consistency
- Improved maintenance consistency and efficiency
- Reduction of unplanned maintenance time and costs
- Reduced operating costs
- Improved spare parts management
- Improved contractor performance
- Compliance with government regulations