One of Australia’s leading energy companies produces natural gas from wells drilled into coal seams, and then turns it into liquefied natural gas (LNG) for export. The plant had a conservative maintenance setup, generating too many and often unnecessary work orders to maintain the equipment. Consequently, the workload and the costs were too high. MaxGrip optimized the maintenance of the LNG plant with our Asset Improvement Program including mapping the current situation through our proven AIM-methodology and first deployment for quick fixes.

Download the case study

Fill out the form below and you’ll receive the 3-page long read today.

Oil Gas RBI

Case study – highlights

Approach

Stage one: Fixing the basics. The project started with a review of the asset register, the safety-critical elements (SCEs), and a first benchmark and optimization of the preventive maintenance (PM) routines.

Stage two: Fully optimizing the maintenance build in the CMMS system, completing the workload levelling process, and aligning all tasks with updated maintenance strategies and performance standards.

Results

The first stage alone resulted in savings of US$ 600,000 year on year on man hours only. Stage two, the actual PM optimization project, has also yielded very good results. By reducing the number and frequency of PM tasks, clustering and enriching them, the company was estimated to save over US$ 1.75 million year on year.

Get in touch.

MaxGrip USA sales

Tommy Kang
Sales Engineer

tommy.kang@maxgrip.com
T: +1 281 989 7007

Schedule a chat with me

Get inspired

Asset Life Extension

Checklist with best practices to keep in mind when planning your asset life extension (ALE) process.

Webinar MRO

We explore how proper data management can lead to significant increases in equipment updates and reduce overall inventory carrying cost.

Business apm

When and how to use a business case to demonstrate the value maintenance and reliability departments bring to their organization.

View more resources