Systems improve and the decisions for acquiring, upgrading or replacing them requires careful planning to achieve the right outcomes. We deliver integrated solutions across the life of field to provide greater value and a lower total cost of ownership. To drive and support operational and mer initiatives and projects including those in pursuit of revitalising exploration. Tech trends working in harmony digital oil recovery the theme of this years tech trends report is the symphonic enterprise, a concept that describes how multiple technologies can work together in harmony to create disruptive change.
Optimization of real asset portfolio using a coherent risk measure. Asset integrity management ondemand training courses. We offer scalable project quality management and risk solutions for owners and operators of oil, gas and chemical assets to help them reduce costs associated with construction while improving productivity, confirm predictable and competitive project performance, verify construction progress and results and reduce schedule variance and delays resulting in. Integrated operations asset management and condition. Orchard global asset management ogam is a leading global alternatives asset management firm with a focus on opportunistic fixed income and structured credit transactions in four principal market segments bank regulatory capital solutions, primary and secondary collateralized obligations, structured lending, and middle markets direct lending exposure through a combination of. Asset management wholelife management of physical assets the first book of its kind, asset management offers comprehensive and accessible coverage of all the major aspects of the subject, providing an invaluable reference to those working in or learning about asset intensive industries. We bring global expertise with local knowledge to deliver asset performance improvements across the energy and resource industries in which we operate. Who should attend specialists in upstream petroleum and natural gas asset management, especially those involved in development geology, geophysics and the various areas of petroleum engineering, will find this shared learning program to be especially useful. The plants condition and performance degrades over time due to mechanical wear, fouling and changes in operation conditions. Asset management is challenge that remains and how to improve production output and oil recovery factors given the current environment and impending risk. Manage an oil and gas asset for their clients andor.
Improving reliability, performance, and safety are among the top priorities for industrial organisations and businesses today. Asset integrity programme 4 of 71 pages health and safety executive. The future of asset management for oil and gas industry. Developing an asset management strategy strategic asset management involves managing the capital investment towards a longterm program of increasing the roa. A portfolio management process and system changes how decisions are made in an organization and builds confidence in the quality of strategic moves made by senior management. Lets step back from this difficult conversation with your ceo and look at nonoperated asset management in context of what has been happening in the oil and gas industry. It gives you the power to improve capital asset management in ways that increase reliability, enhance predictive maintenance, ensure regulatory compliance, reduce energy usage, and support sustainability initiatives. Developing an asset management strategy reliabilityweb. Oil and gas asset integrity management services asset integrity management services from sgs ensure the technical integrity of your assets and meet all regulatory requirements. Strategic planning for the oil and gas industry edinburgh business school v contents module 1 the oil and gas industry. Asset performance management offers a powerful platform to increase reliability and availability of assets in the oil and gas industry.
Oil and gas analytics market growth 2025 share report. Servicemax is the global market leader in service execution management, a software category that includes both field service management and asset service management. While there are numerous definitions of aim, we define aim as the cradletograve approach to understanding and operating equipment in a safe, reliable manner. This natural gas asset management agreement the agreement is made and entered into effective as of november 1, 2010, the effective date by and between roanoke gas company counterparty, a virginia corporation, and conocophillips company manager, a delaware corporation counterparty and manager are. Our events are attended by delegates from over 24 countries like malaysia, indonesia, austria, qatar, australia, china, singapore, vietnam, india, philippines, brunei, saudi arabia. Asset integrity can be defined as the ability of an asset to perform its required function effectively and efficiently whilst protecting health, safety and the environment. Pdf risk management in oil and gas construction projects.
Asset integrity management services oil and gas sgs. This asset management plan amp sets out the longterm strategy for the delivery of powercos gas distribution services, and describes, at a practical level, our asset management policies and processes, the performance we expect and receive from. Asset management in the oil and gas industry t o make the most of big data, oil and gas leaders should implement machine learning alongside accurate engineering models linked to the iiot. Abs group datadriven oil, gas and chemical solutions. Its positioned for substantial growth of its proven, multizone resource in the montney, wilrich and dunvegan zones. Asset integrity programme health and safety executive. We are making it easier to understand our products with new names. Managing oil and gas fields requires an understanding of the multiple facets of the oil and gas industry. Asset performance management for oil and gas dnv gl.
Ode asset management limited odeam, a wholly owned subsidiary of the international engineering and operations support services contractor ode, are currently supporting iog by providing extensive technical and operational support across the execute phase and will be the installation and pipeline operator duty holder for all the iog assets. Production planning department, overall forge pty ltd, 70 r w henry drive. This means that there should be a focus on cost, where it hasnt been a primary focus for a long time. Asset management wholelife management of physical assets. Pdf exploring visual asset management collaboration. Oil and gas asset management solutions alberta canada. With unparalleled industry knowledge and a commitment to providing valueadded asset performance management capabilities and technical solutions, our goal is to help clients achieve operational excellence and maintain safer, more profitable operations throughout the oil, gas and chemical value chain and asset lifecycle. Asset integrity management is the means of ensuring that the people.
Situational intelligence across the digital utility for outage response. Servicemax provides cloud based software platform that improves the productivity of complex, equipment centric service execution for oems, operators, and 3 rd party service providers. Oil and gas training, course, and workshop petrosync. The large players in the asset management industry. When it comes to implementing an asset management strategy it is important to primarily consider the assets that play a critical role to the production and the safety of the plant.
They are focusing efforts and resources on controlling costs and maximising value. Asset management and condition monitoring asset management system integrated operations oil and gas producing facilities and process plants are complex systems, consisting of expensive and production critical equipment. Deliver comprehensive features that support endtoend processes for asset management. It is changing the landscape of how oil and gas companies are managing their assets and offers an integrated approach to many existing methods. His reservoir management experience includes project leadership or significant participation in studies of oil, gas and condensate fields in the north sea. Western australias oil and gas industry is supported by stateoftheart local engineering and design, geophysics, and electrical and process engineering services and expertise. Data are crucial across the lifecycle of the oil and gas industry. Read how companies that shift to systems enabled by machine learning and ai will free up. We believe that business leaders and organizations that.
For the paris agreement to succeed, the oil and gas industry must. Apply to operations manager, sales representative, environmental health officer and more. Orchard global asset management ogam is a leading global alternatives asset management firm with a focus on opportunistic fixed income and structured credit transactions in four principal market segments bank regulatory capital solutions, primary and secondary collateralized obligations, structured lending, and middle markets direct lending exposure through a combination. The worlds main oil reserves have probably all been identified and analysed and it. Prism predictive asset analytics is now aveva predictive analytics. During 2010 cda commissioned schlumberger to study the value of data management this study included interviews with senior executives, a search of related literature, a roundtable meeting. Experience in business process management engagements. Asset integrity management aim is a standard of operating that aims to protect equipment, health, safety, and environment. Application to oil and energy industries version from 22nd july 2010 abstract we consider the problem of optimally determining an investment portfolio for an energy company owning a network of gas pipelines, and in charge of purchasing, selling and distributing gas. The oga has identified a route to improve performance across the lifecycle, as outlined in figure 1 below. The future of asset management for oil and gas industry published on april 5, 2017 april 5, 2017 36 likes 4 comments. Asset integrity management global market outlook 20172023. This is a topdown function of setting a performance specification for each major operating unit, identifying the critical components of performance, and systematically improving the key.
Cost management as part of asset management isnt just cutting. The oil and gas industry is full of challenges which can consume large amounts of time, money and resources. Optimize experiences with intelligent technologies. Portfolio management in an upstream oil and gas organization. Asset management provides a structured methodology of creating, operating, maintaining and decommissioning assets in a costeffective way.
During the earliest stages of field development, we provide front end engineering design feed, earlyphase, and conceptual studies as well as engineering, surveying, lifecycle integrity, and total cost of ownership planning. Portfolio management in oil and gas building and preserving optionality. Wpm personal has successfully proven their ability to exploredevelop oil and gas plays and to enhance production from the older, mature fields. Stakeholders are pushing companies to improve return on investment and adopt stricter capital discipline. Track mobile assets, inventory and materials on the oil rigs and remote job sites using regular smartphones. In order to maximize productivity, your facilities and equipment need to be maintained regularly. Viziya has earned the trust of a number oil and gas companies like chevron, santos, enterprise products, irving oil, and noble energy with over 6,000 users. Vivek sinha, is an associate manager client services at infosys limited, and is responsible for managing multiple oil and gas accounts for infosys. Remote inventory and asset management for the oil and gas industry.
We do this by understanding the challenges and needs, identifying areas of operational improvements and creating effective solutions that minimise risks whilst maximising the returns of an asset. Optimization of real asset portfolio using a coherent risk. Modern oil and gas facilities are being set up on a larger scale than before, having higher production and storage capacities, to insulate them from market volatility and improve. Oil gas asset manager jobs, employment in houston, tx. Pdf visual asset management vam is defined as a visual, collaborative. Managing how data are collected, interpreted and published, and determining compliance with regulatory obligations is vital. Dedicated to my wife, stephanie asset integrity jigsaw. Anybody from other indstry background, please ignore. Partex services portugal is a management unit of the partex oil and gas group referred in this report as simply partex which main objective is to provide technical, organizational and managerial support to the group on oil and gas related activities, its participations in venture. This is true especially for the oil and gas industry which. Pwc colleagues in the knowledge management teams in europe and the. A better understanding of the problems associated with trying to operate a successful asset integrity management system can go a long way to making the whole industry safer and environmentally friendlier.
Oil and gas downstream asset integrity management services oil and gas corrosion monitoring corrosion monitoring from sgs prevent catastrophic failure and maintain safe, reliable operation of your industrial equipment. Cost inefficiencies and complexity associated with redundant asset management infrastructure need to measure and manage the availability and use of all strategic assets the emergence of pervasive devices, embedded chips, rfid, sensors, detectors and ip addresses. Identify and implement optimization strategies for a property. Despite accounting for 3060% of total production at the typical upstream company, nonoperated assets have historically received far less attention than operated assets. An oil and gas industry example of this orchestration is digital oil recovery tm powered by foroil dor.
By partnering with ge digitals ot security services, we will work with you to uncover existing weaknesses, map out potential future risks, and recommend mitigation strategies. Risk management in oil and gas construction projects in vietnam article pdf available in international journal of energy sector management 12. Managing late field life requires a clear understanding of the condition of existing systems and how that condition is changing over time. Western petroleum managements wpm team has the experience and ability to. Pdf effective management of assets in the oil and gas industry is vital in. Scan qr code nfc tag on an asset to obtain detailed information, record transaction or look up inventory stock. In september 2016, ge digital acquired meridium, inc. Over the next few weeks some of the worlds largest oil and gas companies will hold their annual shareholder.
Asset manager jobs 17 of 7 oil and gas jobs from the category oil and gas jobs on oil and gas job search. Home services advisory asset management systems rapid technological changes are occurring across the life cycle of assets. Working closely with the r2s project leads, bp ensured minimum impact on limited. Oil company assets are classified in three main divisions. Upstream operations are the exploration for oil and gas and the appraisal, development and production of any discovery, and most oil companies do not own equipment for upstream activities. Mazen skaf of strategic decisions group shares an awardwinning case study on how one energy company developed its portfolio management system, the support it required and the impact it made. Inventory and asset management for oil and gas industry. Generwell oil and gas asset lifecycle management for ios. As maturing oil and gas field facilities approach or exceed their original design life, late field life management is critical to their continued safe and profitable operation. Aveva predictive analytics reduce downtime with predictive. Portfolio management in oil and gas building and preserving optionality 1 change is the new constant in an increasingly complex and uncertain environment, oil and gas companies worldwide are facing relentless pressure to improve returns even as they encounter strong headwinds. These studies include preparing models of primary, secondary, and improved recovery applications. Petroleum asset excellence pax unlock the full value of your oil and gas assets mckinsey experience shows that if oil and gas operators maximize the production efficiency of their assets, they can boost net present value by 30% and reduce lifting costs by up to 50% within a year. The management of upstream assets is driving growth, maximize profit and minimize risk to achieve the most profitable return from the management of the asset over its lifetime.
The course is designed to familiarize the attendees with these facets and prepare them to become successful asset managers. Software skill autocad, bluebeam, ms project, ms access, power bi, sap hana, sql, tableau, sap hana will be highly desirable. This paper was born out to critically identify and evaluate the depth of the project management triangle concept applied in the execution of p r o j e c t s tendered by the oil and gas companies. Vivek has around 14 years of experience of working with. This will leverage the digital dna of the asset to take advantage of the increased insight engineering information can bring to the. Information management strategy oil and gas authority. Ot security requires taking a proactive approach to maintain asset and network safetyand stop cyber attacks from happening. We integrate and partner with all of the leading maintenance systems and work collaboratively with the largest and most sophisticated oil and gas maintenance organizations to optimize their. Apply to data analyst manager, event manager, commodity manager and more. The service sector has demonstrated and exported advanced front end engineering and design feed, subsea technology and asset management capabilities. Severe shortage of experienced and trained workforce has been forecasted in the energy industry. Project management methodology and tools for oil field. Only candidates with oil and gasenergy as industry may apply. Generwell oil and gas asset lifecycle management for iphone free micotan software company ltd.
1031 1012 1359 1468 1361 150 1122 160 628 202 49 551 1096 989 1164 1039 443 39 1530 250 418 855 81 918 980 934 197 265 427 1461 884 735 1119 1048 1034 303 770 1319 1406