Siemens Energy and Bentley Systems, Inc have announced a joint solution to deliver intelligent analytics derived from domain experience to reduce operating expenditures associated with oil and gas assets
The Asset Performance Management for Oil & Gas (APM4O&G) service incorporates major complementary offerings from both companies to help operators enhance asset performance, eliminate downtime, and reduce maintenance costs.
The APM4O&G solution combines Bentley’s advanced asset performance software capabilities (AssetWise) with Siemens Energy’s technology and service expertise to empower operators to improve maintenance operations and planning.
The solution, part of Siemens Energy’s Omnivise digital solutions portfolio, is set to support maintenance activities across several assets, including onshore compressor stations and gas processing plants, as well as offshore production platforms and floating production, storage, and offloading (FPSO) vessels.
The APM4O&G solution adopts smart, condition-based strategies based on predictive analytics to optimise maintenance schedules in compressor stations and gas processing plants, helping extend asset life and keeping maintenance costs down. Offshore, the solution helps operators reduce logistics costs associated with unplanned maintenance activities.
The solution can run powerful diagnostics and risk analysis scenarios that further optimise plant uptime, including failure mode effect analysis, an operational health index of equipment, and a remaining useful life estimate for an individual component or a whole system.
Laura Anderson, head of Siemens Energy Services controls and digitalisation business, said, “The APM4O&G solution will help our customers manage maintenance costs, improve equipment reliability, minimise the risks of lost-time Incidents and serious injuries, and increase the performance and availability of their oil and gas production and processing infrastructure.”
