RINA – Reducing Maintenance Spend through Risk Based Inspection

Problem Statement 

Customer challenged to reduce plant OPEX without compromising safety and production efficiency. Currently spends $100k+ on critical system maintenance.

Aims

Implement Risk based inspection to reduce maintenance spend and ultimately reduce operating costs.

Method

Completed system assessment (materials, geometry, temp, flow, pressure etc).

Identified corrosion loops. Determined Probability and Consequence of Failure

Agreed risk classification with client

Updated recommended inspection frequency, location and technique

Impact

Reduced system maintenance cost by $46k annually

Validated engineering approach to industry standards to reduce risk (API 571/ 580)

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