Improving the Reliability and Productivity of Critical Assets in the Oil and Gas Industry.

Topics: Management, IBM, Tivoli Software Pages: 8 (2260 words) Published: June 20, 2013
Asset management solutions To support your business objectives

Improving the reliability and productivity of critical assets in the oil and gas industry.


As oil and gas companies prepare for a surge in worldwide consumption, they focus on ways to increase supply. They continue to seek more costeffective ways to deal with exploration and production while they maintain high health, safety and environmental standards. At the same time, the oil and gas industry faces uncertain market conditions: price instability in major producing countries, an aging workforce and uncertain government support. To realize operational excellence plans and deliver on the promise of increased production, availability and reliability, oil and gas organizations must install industry-specific solutions. These solutions must support standards of excellence that help the organizations promote compliance, safety and reliability goals; improve the planning process to help maximize production and throughput; address cost control pressures; support industry-standard data; enhance visualization; enable continuous improvement; and enhance organizational learning.

IBM Maximo® asset and service management solutions provide oil and gas companies with best practices to help improve the productivity of their critical assets. IBM Maximo for Oil and Gas enables organizations to strengthen and utilize the advanced product capabilities of IBM Maximo Asset Management to better support people, process and technology. This industry-specific solution helps manage each asset’s life cycle — including acquisition, work management, inventory control, purchasing and preventive maintenance — as well as better manage and document regulatory compliance efforts. Additionally, Maximo for Oil and Gas has a number of industry-specific enhancements that align to corporate goals and objectives — including safety, reliability and operational efficiency — and thereby helps minimize the amount of customization required.

Managethelifecycleofassets acrossyourenterprise Helpminimizeadministrationcosts bystreamliningandautomatingkey assetmanagementprocesses Facilitatetheadoptionofaservicecentricapproachthathelpsoptimize uptime,costmanagementand planning Leverageanindustry-specificasset managementsolutionthatsupports keybusinesspractices Integratemoreeasilywithexisting businesssystems

Manage assets with a single approach Managing oil and gas assets has become more complex. Advances in technology, changes in compliance regulations, emphasis on enterprise risk and increased focus on costs have made it more essential than ever to properly manage and maintain the assets of the organization. Asset owners, operators and maintainers require a solution capable of addressing multiple asset types and providing key information for them. Maximo for Oil and Gas can help managers reduce cost, facilitate and automate common processes, and address tough challenges, including: • Improving asset analysis. • Monitoring, managing and documenting compliance efforts. • Planning shutdowns. • Instilling integrity management. • Reducing manual intervention. • Responding to complex supply chain demands. • Aligning roles and responsibilities. • Facilitating more continuous improvement. • Standardizing and sharing data. • Improving organizational learning. Using Maximo for Oil and Gas, organizations can track and manage the assets (and asset performance) that are critical to the organization’s overall performance. This includes assets such as equipment, tools, spare parts, onshore and offshore drilling equipment and production platforms, refineries, petrochemical facilities, and maintenance and engineering facilities. Regulatory reporting Financial management Human capital management ENTERPRISE MANAGEMENT CRM Business intelligence and KPIs

IBM Maximo for Oil and Gas
Work management OPERATION SYSTEMS...

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