New asset management solution from Siemens and Bentley
OIL & GAS

New asset management solution from Siemens and Bentley

Siemens Energy and Bentley Systems, Inc have joined hands to announce a solution that provides top-class data taken from domain experience to reduce operating expenses linked to oil and gas resources. The new service, known as Asset Performance Management for Oil & Gas, or APM4O&G, incorporates complementary offerings from both companies to help operators enhance asset performance, eliminate downtime, and reduce maintenance costs. A company release says APM4O&G brings together Bentley’s advanced resource performance software abilities and Siemens Energy’s technology and services to help various operators improve their maintenance processes and planning.

The APM4O&G solution acquires intelligent and quick strategies based on the situation to predict and perform analytics to enhance the maintenance timings within compressor stations and gas processing plants. This helps extend the life of the asset and keep the cost of maintenance down. Moreover, this solution helps the operators reduce any logistical costs associated with any maintenance activities that haven’t been planned. Operators can also use the limited laydowns and offshore storage areas available in the best way possible. This is possible by having just the right spare stock that is based upon risk maintenance strategies.

In addition to keeping a check on the assets, according to the company, the APM4O&G Solution can run powerful tests and risk scenarios that can further enhance plant uptime. The solution also includes an analysis of the failure mode effect, the operational health index of the various equipment, and an estimate of the remaining useful life for the whole system or just for an individual component. As part of Siemens Energy’s Omnivise digital solution portfolio, the APM4O&G solution helps out with the maintenance activities over several assets, including the gas processing plants, onshore compressor stations, and FPSO vessels, and offshore production stations.

Initially announced in 2018 by Bentley Systems, Inc. and Siemens Energy, this APM4O&G solution has followed the successful start of an APM solution to help power plants.

Siemens Energy and Bentley Systems, Inc have joined hands to announce a solution that provides top-class data taken from domain experience to reduce operating expenses linked to oil and gas resources. The new service, known as Asset Performance Management for Oil & Gas, or APM4O&G, incorporates complementary offerings from both companies to help operators enhance asset performance, eliminate downtime, and reduce maintenance costs. A company release says APM4O&G brings together Bentley’s advanced resource performance software abilities and Siemens Energy’s technology and services to help various operators improve their maintenance processes and planning.The APM4O&G solution acquires intelligent and quick strategies based on the situation to predict and perform analytics to enhance the maintenance timings within compressor stations and gas processing plants. This helps extend the life of the asset and keep the cost of maintenance down. Moreover, this solution helps the operators reduce any logistical costs associated with any maintenance activities that haven’t been planned. Operators can also use the limited laydowns and offshore storage areas available in the best way possible. This is possible by having just the right spare stock that is based upon risk maintenance strategies. In addition to keeping a check on the assets, according to the company, the APM4O&G Solution can run powerful tests and risk scenarios that can further enhance plant uptime. The solution also includes an analysis of the failure mode effect, the operational health index of the various equipment, and an estimate of the remaining useful life for the whole system or just for an individual component. As part of Siemens Energy’s Omnivise digital solution portfolio, the APM4O&G solution helps out with the maintenance activities over several assets, including the gas processing plants, onshore compressor stations, and FPSO vessels, and offshore production stations. Initially announced in 2018 by Bentley Systems, Inc. and Siemens Energy, this APM4O&G solution has followed the successful start of an APM solution to help power plants.

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train Set to Launch by 2028

India’s first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India’s infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..

Next Story
Infrastructure Transport

Mumbai-Gandhinagar Train Service Enhances Passenger Capacity

The Mumbai Central–Gandhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India’s busiest business corridors. This upgrade, effective from 11 May, raised the train’s seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai–Ahmedabad–Gandhinagar route, which regularly operates at over 150 percent seat occupancy...

Next Story
Infrastructure Urban

Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently

Delhi’s ambitious plan to improve the water quality of the Yamuna River has gained significant momentum as the Delhi Jal Board (DJB) has begun work on 12 new sewage treatment plants (STPs) aimed at reducing the volume of untreated sewage being discharged from the Najafgarh Drain.This initiative forms part of the ongoing efforts to clean the Yamuna and restore the river’s health, which has long been a critical environmental issue for the national capital. Given the alarming pollution levels in the Yamuna, experts and officials consider this project a vital step toward addressing the persist..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?