Concordia Asset Management’s Post

🚀 Improving Asset Integrity Management for a Leading North Sea Upstream Operator We are excited to share how a prominent North Sea upstream operator enhanced their asset integrity management with Cenosco’s Integrity Management System (IMS) software suite. 🔍 Challenge: The operator struggled with isolated approaches and issues in anomaly management, particularly concerning performance standard breaches. They needed a more integrated and efficient system to improve visibility and streamline operations 🌟 Solution: By adopting Cenosco’s IMS, they integrated degradation management strategy with Risk Based Inspection (RBI) processes, significantly optimizing their asset integrity management and operations to achieve greater efficiency Key Benefits: ✅ Enhanced Visibility & Integration ✅ Advanced Digital Transformation ✅ Strengthened Asset Integrity Management Products Deployed: IMS PEI: Pressure Equipment Integrity IMS Civil: Manage Civil Structures IMS PLSS: Pipeline and Subsea Systems 🔗 Read the full case study to learn more. https://lnkd.in/dvDnAZz6 💬 How is your organization addressing challenges in asset integrity management? Share your experiences or questions below #AssetManagement #DigitalTransformation #NorthSeaOperator #RBI #EngineeringExcellence

Asset Management starts early and definitely not later. #apm #assetperformancemanagement #assetmanagement

Achieve Greater Asset Potential with ITCAN Solutions   Your assets hold the key to sustained success—but without a reliable and structured approach to asset management, inefficiencies and missed opportunities can arise.   ITCAN Solutions provides Asset Verification and Maturity services designed to deliver a comprehensive understanding of your assets, from their state and condition to their organization and data accessibility. By providing solutions that align with your asset needs, we empower businesses, especially in industries like oil and gas to reduce risks, improve performance, and make confident decisions.   Our services ensure smoother planning, more effective resource allocation, and sustained asset reliability, positioning your business for long-term growth and excellence. Let ITCAN Solutions help you discover the true value of your assets today. Learn more in the link below.   #ITCANSolutions #Achievefurther #AssetStrategy #DataDrivenDecisions #PerformanceImprovement

Rail Asset Management with RMM2: Your Roadmap to Reliable RepEx Accurate Replacement Expenditure (RepEx) estimation is crucial for sustainable rail asset management and budgeting. With RMM2, you can be confident in the reliability of your cost plans and estimates. Check out this infographic on how RMM2 can help your organisation create these reliable estimates. RMM2 provides a standardised framework for identifying, classifying, measuring, and analysing rail assets, enabling informed decision-making and increased efficiency. By following these five simple steps, you can harness the power of RMM2 to optimise your asset management strategies and secure the long-term viability of your rail infrastructure. #RMM2 #RailAssetManagement #RepEx #Infrastructure #CostPlanning #AssetManagement #RailIndustry

Rail Asset Management with RMM2: Your Roadmap to Reliable RepEx Accurate Replacement Expenditure (RepEx) estimation is crucial for sustainable rail asset management and budgeting. With RMM2, you can be confident in the reliability of your cost plans and estimates. Check out this infographic on how RMM2 can help your organisation create these reliable estimates. RMM2 provides a standardised framework for identifying, classifying, measuring, and analysing rail assets, enabling informed decision-making and increased efficiency. By following these five simple steps, you can harness the power of RMM2 to optimise your asset management strategies and secure the long-term viability of your rail infrastructure. #RMM2 #RailAssetManagement #RepEx #Infrastructure #CostPlanning #AssetManagement #RailIndustry

Watch this 1 minute video for a good definition of Asset Integrity Management, an area of focus for Jaguar Oilfield Services Guyana Inc. for lifting operations. https://lnkd.in/dp4Wfg8f #guyana #exxonmobil #totalenergies #CGX #hess #energy #assetintegrity #assetintegritymanagement #oilandgasindustry

As a proud member of the GFMAM - Global Forum on Maintenance and Asset Management, The Institute of Asset Management is joining our colleagues across the world to celebrate Global Maintenance Day. Subject Specific Guidance 15&17 Maintenance Delivery and Asset Operations provides practical guidance to asset managers: https://lnkd.in/eFF2G3z9 Effective maintenance is critical to ensure the reliability of an asset through its life cycle. This SSG covers the management of maintenance activities, including preventative and corrective maintenance management methodologies. The document covers the definition of maintenance specifications and schedules, maintenance execution procedures, procedures for missed maintenance, and the capture and utilization of maintenance and inspection measurements and results. Asset operations refers to the processes an organization uses to operate its assets to achieve the business objectives. The document covers the development of an asset operations strategy to define the approach and resources required to manage and implement operations and a plan to deliver the strategy. With thanks to our sponsors who supported the publication of this SSG National Grid, Copperleaf. #theIAM #AssetManagement #SubjectSpecificGuidance #Maintenance #AssetOperations #GlobalMaintenanceDay

PALM 128 is a groundbreaking solution in utility asset management. PALM 128 is meticulously designed to meet PAS 128 Level D compliance standards, setting a new standard in interactive mapping technology. Key Features of PALM 128: Extensive Utility Asset Information: PALM 128 provides comprehensive data on utility assets, including voltage, pressure, pipe size, materials, ducts, chambers, and other essential symbology. Integration with OS MasterMap: PALM 128 seamlessly integrates with OS MasterMap, ensuring accuracy and reliability in mapping utility assets. Advanced Symbology Representation: PALM 128 utilises advanced symbology representation to present asset information with clarity and precision. PALM 128 empowers organisations to optimise maintenance schedules, plan infrastructure upgrades, and enhance emergency response protocols with confidence. https://lnkd.in/g7wC7QV #PALM128 #UtilityAssetManagement #PAS128 #OSMasterMap #InteractiveMapping

Elevate Your Asset Management Program with an Acquarius In-Line Inspection: Visit CPM Pipelines at the Water Environment Association of Texas Conference! Are you ready to take your asset management program to the next level with an Acquarius in-line inspection?  Join CPM Pipelines at the WEAT Collections Systems and Odor and Corrosion Specialty Conference at Booth 16. CPM’s team of experts will be available to discuss Acquaint’s Acquarius in-line inspection tool that features on-board ultrasonic testing circumferential scanning sensors and internal mapping unit. It’s designed to adapt to various pipe types and materials, efficiently assessing the condition of miles of pressure or sewer pipelines in a single run, with minimal downtime. The actionable data provided by an Acquarius inspection is invaluable for owners and consultants, enabling proactive planning and budgeting for capital improvements to known areas of a pipeline that are at risk. By leveraging this powerful tool, you can make informed decisions and optimize your asset management program. Don't miss this opportunity to connect with our experts. Let’s work together to create a more sustainable, resilient future for buried infrastructure. Mark your calendars for May 21-22 and head to the McAllen Convention Center in McAllen, TX. Conference link: https://lnkd.in/gPFDPY-y Book a meeting with a CPM expert during the conference: https://lnkd.in/e-qe3Yb3 #Acquarius #Acquaint #InLineInspection #AssetManagement #BuriedInfrastructure #PressurePipeInspection #ForceMainInspection Daniel Horne Francisco Plaza

Asset management tip #3 🌟 Rate Equipment Criticality 🌟— Understanding which equipment is mission-critical versus which is non-critical helps your organization make clear decisions about reliability needs. Take the guesswork out of it with AssetPro: https://lnkd.in/g8h2GiWg #AssetManagement #AssetPro #PowerPro360 #reliability #reliabilityprogram #electricpower #ElectricPowerReliability #Tips #ReliabilityTips