About the client
Oil & gas supermajor with multiple offshore platforms sought the expertise of MaxGrip to improve the availability of their assets and reduce maintenance deferments.
MaxGrip’s client, an oil and gas supermajor, is an offshore pioneer that powers the globe and continually pushes the envelope in the design, construction, and operation of world-class oil and gas producing assets. They operate multiple offshore platforms in North America. These platforms are used to extract and process petroleum and natural gases – which are then distributed globally.
The Challenge
The client faced challenges in establishing a defined PM strategy on their offshore platform in North America because the site features multiple assets. Each of these assets which houses thousands of pieces of equipment and instruments.
The maintenance strategy in-place prioritized equipment maintenance based on internal procedures, including a time-scheduled and zero-based strategy. However, they found that these methods made it easy to overlook critical failure scenarios. This would lead to a domino effect of unscheduled deferments and unnecessarily high maintenance costs on critical equipment. With high production rate, a critical equipment failure can potentially lead to millions of dollars in losses.
After trying multiple strategies and not seeing the targeted availability, they decided to conduct an RCM analysis with MaxGrip to determine the optimal strategy to implement across the entire site that would help meet the targeted availability and provide cost savings.
A Comprehensive Scope
To start the project, MaxGrip made it a top priority to help the client identify gaps within their foundational data, including their CMMS, asset registry data, and procedures. This prefaced an RCM analysis, which is a cost-effective method to gather information on the most critical and problematic areas in an equipment. These gatherings are then used to develop a like-equipment strategy. MaxGrip provided the client a comprehensive scope that included a(n):
- Criticality Analysis & Foundational Data Review
- RCM Analysis
- Reliability Strategy Library Development
Did you know?
Instead of a single strategy, Reliability Centered Maintenance (RCM) is the optimal combination of reactive, predictive, condition-based, and proactive maintenance.
MaxGrip’s Solution
RCM Study Results
The Results
A tailored, deployable maintenance blueprint
Through MaxGrip’s expertise in identifying the most critical areas within a single equipment, the client now held the blueprint for a structured PM strategy that improved maintenance task orders and drastically reduce risk.
The right partnership = 91% availability
In partnering with MaxGrip, the client gained deeper insights into which equipment to prioritize and how to properly mitigate the risk of these units failing. Since the start of the project, the asset has seen 4% increase in availability over 3 years and achieved 91% availability with more improvements to come.
Bottom-line
Your journey to a world-class asset performance strategy starts here.
Global clients across industries turn to MaxGrip for their maintenance challenges. Schedule a no-obligation to learn how you can receive personalized plan to increase your site reliability and save on your maintenance costs.
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MaxGrip invites you to The Reliability Conference (TRC) 2024 in Seattle, May 14-16. Discover cutting-edge asset management strategies through presentations by our consultants on EAM systems, RCM, and maintenance improvement. Connect with industry leaders and visit MaxGrip at Booth #212 for personalized consultations and insights. Don't miss this opportunity to enhance your knowledge and network with professionals.
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