Asset Performance, Risk Management and Regulatory Guidance for LNG
ABS Group has developed safety, risk and compliance management strategies, as well as asset performance management solutions, to support the efficiency and effectiveness of LNG assets and operations.
Risk and Reliability Solutions to Optimize LNG Assets
Trusted Technical Capabilities and Qualifications
We are a fully integrated EAM and reliability centered maintenance (RCM) provider with capabilities to deliver a full range of asset performance management services – from improving your EAM strategy and business processes, to developing preventive maintenance (PM)/predictive maintenance (PdM) programs, to implementing all of the major EAM systems and technology available for industrial manufacturing facilities or marine and offshore assets.
Our extensive experience in providing technical services within the LNG and broader oil, gas and chemical industry covers a wide variety of high-performance assets and operations.
Simply put, we know the work. Our core competency of developing and implementing full capability EAM programs, a key component of which is RCM, aligns with our customers' asset performance requirements.
Our services include:
- System and program gap assessments
- RCM analysis
- Equipment criticality determinations
- CMMS integration and upgrades
- Inspection plan development
- Inspection data management system (IDMS) implementation
- Ongoing program execution and training support services
- Cybersecurity and risk reduction
Data-Driven Asset Performance Management (APM)
We also understand the importance of accurate data for driving both decision making and efficiency onboard FLNG vessels and in LNG facilities. Our team excels in analyzing our customers' existing Maximo, SAP or HxGN EAM (Formerly Infor EAM) systems to determine the appropriate system configuration to support asset performance trending, budget reviews and lifecycle cost analyses. As reliability practitioners, we understand the importance of asset hierarchy and asset criticality ranking to support maintenance workflows, planning and scheduling, MRO and report writing.
Risk Based Solutions to Optimize Asset Performance
Our service model is built on a risk based approach to optimizing asset performance management strategies. To quantify the risk profile across a broad range of assets and operations in the LNG industry, we have developed a robust asset criticality ranking tool, which was awarded the 2015 Solution Award for Reliability Engineering. The tool is used to rank assets based on their criticality to the business or operation.
Product deliverables include:
- Evaluation of how asset failures impact organizational performance
- Provision of detailed profiles of characteristics that makes each asset critical
- Allowance for systematic ranking of assets for prioritization efforts
Our initial efforts are focused on the first quartile of critical assets where we work to ensure that we maintain the most critical assets with the leanest and unobtrusive maintenance strategies to minimize residual risk while maximizing asset performance.
Learn more about our Risk and Safety Management services for the LNG industry.