otc: asset maintenance and integrity solutions

Lloyd’s Register services to the energy industry

Asset maintenance and integrity solutions:

an overview


Integrity of equipment

• The integrity of equipment in an asset-intensive facility depends heavily on

the quality and performance of maintenance management in the organization

Maintenance management

Quality Performance

Integrity of equipment


Maintenance is an expensive function in an asset-

intensive business

• A poorly designed equipment maintenance management program opens the

door to many problematic issues:

InefficienciesEquipment

failures

Potentially serious

accidents

Higher operating costs

Noncompliance with legislated asset integrity requirements

Shorten functional

life of equipment

Premature replaceme

nt

Reduced return on

investment

Poor maintenance is simply a hole in the floor of your business that constantly leaks money


Plugging the money leak

• Lloyd’s Register breaks down its approach into three distinct areas:

Review current asset management systems to identify gaps and outline the likelihood and consequences of equipment failure

Equip organization with roadmap to provide step by step guidance for management strategy and training program

Provide verification services to assure compliance and certification

Effective asset maintenance management

program


Overview of Lloyd’s Register’s asset integrity solutions

Improve safety and ensure compliance

Upgrade systems

Evaluate maintenanc

e managemen

t program

Achieve sustainable

asset performance and get more

value from equipment

investments

• Solutions also include

reliability-based mechanical

integrity (RBMI) programs and

life extension services


Lloyd’s Register’s asset integrity solutions in more detail

• Offers a broad range of services designed to promote superior asset integrity

and maintenance

• Typical services may include:

Preventive maintenance and spare parts program development and implementation

Maintenance management system manuals and operating procedures

Asset risk and criticality classification

Performance and availability management of critical equipment

Review and monitoring of maintenance operations and system effectiveness

Third-party equipment integrity management, maintenance recording and review

Competence, awareness and understanding of asset maintenance


Ensuring you have the right maintenance

management system• Requires careful consideration of its two main elements:

• Lloyd’s Register has world class capabilities in optimizing the interactions

between technology and the people who use it

Available function of the

technology they use

Capabilities of the people

implementing it

Holistic approach


Lloyd’s Register’s experience and expertise

• Lloyd’s Register can help organizations improve their asset and maintenance

management programs to receive full value from them

• The benefits include:

Benefits

Sustained asset

performance and integrity

Ensured availability of safety-critical systems and equipment

Cost efficiency and higher return on

investment

Demonstrable asset integrity

to assure regulators and stakeholders


Engaging with Lloyd’s Register

• [CONTACT DETAILS]

T

E

w www. http://www.lrenergy.org/

http://www.lrenergy.org/

Services are provided by members of the Lloyd's Register Group.

For further information visit www.lr.org/entities

For more information, please contact:

Name SurnameJob title, Business unit

Lloyd’s Register group entity

71 Fenchurch Street

London, EC3M 4BS

T +44 (0)20 7423 xxxx

E [email protected]

w www.lr.org/energy

http://www.lr.org/entities

mailto:[email protected]


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otc: asset maintenance and integrity solutions

Technology