Our Top 7 Asset Integrity Management Insights of 2023

In the dynamic landscape of asset integrity management, staying ahead of the curve is crucial for ensuring the longevity and reliability of critical infrastructure. As we bid farewell to 2023, we are excited to look back with you at some of our favorite moments of the year in terms of insights. Whether you’re a seasoned professional or just diving into the world of asset integrity management, this recap will bring you thought-provoking blog posts, insightful webinars, and a compelling business case.

Explore our top asset integrity management blog posts of 2023.

Corrosion data is the unsung hero in the realm of asset integrity management, especially in industries like Oil & Gas and Petrochemicals, where the battle against corrosion is constant. In this blog post, we simplify the complexities, exploring the pivotal role of accurate corrosion data and how it shapes the landscape of asset inspection. We break down the basics, explaining what corrosion data is and its core components, from pinpointing corroded areas to understanding corrosion rates and risk-based inspections.

Taking you from the design phase to operational reality, we guide you through practical steps. Learn how theoretical examinations during design help predict potential degradation mechanisms, and discover the real-world gathering of corrosion data through inspections. Unveiling the significance of corrosion loops, we showcase their role in grouping equipment, crafting effective inspection strategies, and forming the basis for robust corrosion management frameworks.

In the midst of metal-dependent industries, an often underestimated foe emerges—Corrosion Under Insulation (CUI). This silent threat causes significant damage beneath insulation materials, presenting a major challenge for industries such as refineries and process plants. Our blog post delves into the intricacies of CUI, uncovering its elusive nature and the paramount role it plays in industrial maintenance costs.

We kick off by unraveling the definition of CUI and its subtle progression, pushed by factors like insulation material, coating, equipment material, atmosphere, and design. Despite its notorious reputation, insulation remains a crucial component for thermal efficiency and personnel protection, leading us to explore the delicate balance between its benefits and the risks it introduces. The blog navigates through five key factors influencing CUI, shedding light on how each impacts Risk-Based Inspection (RBI) analyses. With practical insights, we guide readers through the RBI approach, emphasizing the importance of assessing susceptibility to failure and consequences of failure. Enter IMS PEI as your reliable ally, offering step-by-step guidance and tools to simplify the complexities of CUI RBI analyses, ensuring accurate risk assessment and effective inspection strategies.

This blog post offers a practical roadmap for implementing and managing technical safety barriers in pipelines. The focus is on the Integrity Management Workflow, prioritizing inspection and maintenance, and leveraging advanced software solutions like IMS PLSS. The Integrity Management Workflow serves as the foundation, guiding readers through hazard identification, risk assessment, barrier identification, and monitoring.

Prioritizing inspection and maintenance activities is crucial for effective technical barrier management. The blog outlines a systematic approach, emphasizing regular inspections, data analysis, defining performance indicators, and utilizing dashboards for barrier classification. It underscores the importance of early detection to strengthen barriers, ensuring their sustained effectiveness. Practical implementation is further explained through IMS PLSS, highlighting how the software streamlines hazard identification, risk assessment, barrier tracking, and integrates seamlessly with SAP for enhanced decision-making. This blog emphasizes that mastering technical barrier management is more than a checklist; it’s a fundamental responsibility to ensure the reliable transportation of resources, protect the environment, enhance community safety, and secure the pipeline industry’s sustainability.

Explore our top asset integrity management webinars of 2023.

Unlock the secrets of effective inspection management in our Webinar “Leveraging Corrosion Data Analysis and Visualization for Inspection Management” available on demand. Dive into the crucial analysis step of determining equipment life, unraveling complexities related to corrosion data. Learn how visualization tools can simplify this process and contribute to better decision-making. Don’t miss the chance to gain valuable insights and enhance your approach to estimating remaining equipment life. Watch the webinar on demand now for practical guidance on improving your inspection management strategy.

Explore the world of Safety Integrity System (SIF) calculations in our webinar, available on-demand. Our experts simplify the concept of average Probability of Failure on Demand (PFDavg) and its connection to the Test Coverage Factor (TCF). Understand how this relationship directly impacts minimum Proof test intervals and why aligning the Test Coverage Factor with your site’s test procedures is crucial. The webinar walks you through a practical example, using the Failure Modes and Effects Analysis (FMEA) method, providing practical insights to assess and optimize your test procedures.

Our most popular business case this year was with NAM (Nederlandse Aardolie Maatschappij), the Dutch natural gas extraction company.

In this client case, we explore how IMS PEI, our solution for Pressure Equipment Integrity, has helped facilitate the ease of auditability and capabilities to safeguard asset integrity at NAM(Nederlandse Aardolie Maatschappij), the Dutch natural gas extraction company.

Historically, the inspection documentation for the recertification process of this Type B inspection body at NAM involved paper checklists, wet stamps, and an extensive paper trail which added complexity to the entire process. It involved several hours of preparatory work for the accreditation. With IMS PEI, this was revolutionized.