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Optimised Linear Asset Management for Oil & Gas

Source: www.gulfoilandgas.com 8/20/2014, Location: Europe

Geoff Taggart, Senior SAP Consultant, discusses the benefits of SAP Linear Asset Management in his white paper: 'Optimised linear asset management for oil and gas'.

Linear assets can provide numerous complications for maintenance departments. With pipelines or cabling stretching tens, hundreds or thousands of miles long, completing an effective maintenance plan can be challenging.

Absoft white paper: Optimised linear asset management for oil and gas; provides an insight into how SAP Linear Asset Management (SAP LAM) will enable you to reduce maintenance complication by designing and operating effective linear asset maintenance systems.

Why do I need SAP LAM?
Using the SAP LAM solution, maintenance personnel can not only produce a data technical structure more closely resembling the physical actuality, but also produce more accurate recordings due to upgraded condition monitoring and confirmation of functionality.

What's the worst that could happen?
Maintenance departments find that creating a technical structure to accurately represent the linear assets in their infrastructure network is a highly complex process. Therefore creating maintenance and inspection strategies can be difficult to both accurately plan and report. Yet maintaining the integrity of these assets is to ensure performance optimisation and compliance with HSE regulations.

Failure of these assets can have a catastrophic impact, such as:

- Financial loss due to production downtime, and increased costs to repair/ replace equipment failure
- Damage due to corporate reputation, particularly if there is an environmentally sensitive or safety critical asset failure
- Lost time injuries or even loss of life

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