The document discusses Lloyd's Register's asset maintenance and integrity solutions for the energy industry. It outlines that effective maintenance management is important for equipment integrity but can be expensive, while poor maintenance opens risks. Lloyd's Register offers services to review maintenance systems, provide guidance for improvement, and assure compliance. The goal is to achieve sustainable asset performance, improved safety, cost efficiency and higher returns through optimized maintenance management.
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OTC: Asset maintenance and integrity solutions
1. Lloyd’s Register services to the energy industry
Asset maintenance and integrity solutions:
an overview
2. Lloyd’s Register services to the energy industry
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
Integrity of Maintenance management
equipment
Quality Performance
3. Lloyd’s Register services to the energy industry
Maintenance is an expensive function in an asset-
intensive business
• A poorly designed equipment maintenance management program opens the
door to many problematic issues:
Equipment
Inefficiencies
failures
Shorten
Premature Reduced
functional
replaceme return on
Potentially life of
Higher nt investment
serious
operating costs equipment
accidents
Noncompliance
with legislated
asset integrity
requirements
Poor maintenance is simply a hole in the floor of your
business that constantly leaks money
4. Lloyd’s Register services to the energy industry
Plugging the money leak
• Lloyd’s Register breaks down its approach into three distinct areas:
Review current Equip
asset organization
management with roadmap Provide
systems to to provide step verification Effective asset
identify gaps by step services to maintenance
and outline the guidance for assure management
program
likelihood and management compliance and
consequences strategy and certification
of equipment training
failure program
5. Lloyd’s Register services to the energy industry
Overview of Lloyd’s Register’s asset integrity solutions
Evaluate
maintenanc
e Achieve
managemen sustainable
t program asset
performance
and get more
value from
Upgrade equipment
systems investments
Improve safety
and ensure • Solutions also include
compliance reliability-based mechanical
integrity (RBMI) programs and
life extension services
6. Lloyd’s Register services to the energy industry
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
7. Lloyd’s Register services to the energy industry
Ensuring you have the right maintenance
management system
• Requires careful consideration of its two main elements:
Holistic approach
Available
Capabilities of
function of the
the people
technology they
implementing it
use
• Lloyd’s Register has world class capabilities in optimizing the interactions
between technology and the people who use it
8. Lloyd’s Register services to the energy industry
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:
Sustained
asset
performance
and integrity
Demonstrable Ensured
asset integrity availability of
to assure Benefits safety-critical
regulators and systems and
stakeholders equipment
Cost efficiency
and higher
return on
investment
9. Lloyd’s Register services to the energy industry
Engaging with Lloyd’s Register
• [CONTACT DETAILS]
T
E
w www. http://www.lrenergy.org/
10. For more information, please contact:
Name Surname
Job title, Business unit
Lloyd’s Register group entity
71 Fenchurch Street
London, EC3M 4BS
T +44 (0)20 7423 xxxx
E name.surname@lr.org
w www.lr.org/energy
Services are provided by members of the Lloyd's Register Group.
For further information visit www.lr.org/entities
11. Lloyd’s Register services to the energy industry
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