Specify the name of your company. If using division, sample company / division names:

• ABC Oil FPSO North Sea
• ABC Refining - Alkalation Unit

Indicate if you are responding with plant or company data.

Select the closest matching industry of your organization. This will help to show peer benchmarking cost to specific opportunities.

Select the closest matching location of your organization. This will help to scale certain costs such as labor and power and cooling.

The aging assets present the industry with a continuous and growing challenge. There is incorrect or missing legacy information, lack of integrity, unsafe situations and inefficient execution of operation and maintenance. Given that a facility may have been in operation for a number of decades, critical information may be incompatible or outdated and this information will most likely be scattered around in unofficial storage locations. Or, this knowledge was lost due to key employees having left your organization. Brownfield assets suffer from handling large volumes of unstructured information.

They often do not have 3D models, data warehouses, or integrated operation systems with high-quality structured information. Even if they do, there is always unstructured information in the form of documents and drawings that regularly arrive from suppliers, vendors, and engineering partners. This has a negative impact on the execution of brownfield modifications. The preparation time takes much longer because of gathering and validating the required information. In addition, it is cost-intensive to get a clear as-is picture of the facility before the modification can even be planned and executed.

Early access to high quality data and documentation is required to familiarize operations teams and prepare for operations activities including:

• Spare parts evaluation
• Maintenance planning
• Preparation of training materials
• Preparation of System Operating Manuals, standard operating procedures and other key documentation for operations

In addition, the initial loading of key engineering data into operations systems including CMMS, inspection, reliability and data historian asset frameworks can be undertaken in preparation for operations start-up.

A common platform for the planning, submittal, review and exchange of information between project stakeholders ensures optimal efficiency across the project value chain, reduces cycle times and reduces the incidence of change in projects by providing early access and prioritized review of deliverables. Incrementally building and validation and verification of the digital twin from day one on a project ensures the quality of deliverables, early detection of misunderstandings and provides a single, central source of truth on the project for all stakeholders. Construction work can be executed without the significant late changes that translate in additional cost and delays.

With Hexagon PPM solutions that offer rules-based design and integration between disciplines, the design quality and consistency are achieved, fueling efficiency in the design and downstream construction.

The handover of engineering asset information is a complex and costly operation that occurs several times during the greenfield phase of the facility and after every modification project and turnaround during the brownfield phase. Hexagon PPM supports handover from projects with our standard handover specification and guidelines and a range of well proven technologies.

Our solutions include the capture and extraction of data from unstructured deliverables and for the validation of structured engineering registers against a wide range of engineering best practice business rules in a staging area prior to loading into target systems. Validation reports, completion reports and others can be used as a basis for rectification and acceptance of data and document deliverables. Intelligent SmartPlant® P&IDs can be validated against engineering best practices to ensure that they are compliant.

High quality lifecycle asset information is a prerequisite to support safe, effective operations and demonstrate compliance to regulatory authorities. Managing change on operating facilities is a complex and safety critical process supported in our solutions through a comprehensive management of change process that provides for change impact analysis and supports the change review, approval and implementation cycle with full auditable traceability.

Our Asset Lifecycle Information Management system is one component of the operations system landscape and we provide interoperability with these other systems such as CMMS and data historians to ensure that correct and consistent asset information is available across the operations portfolio.

Annual revenue should be specified for your overall company, if you are responding for the company as a whole, or if you specified a particular division, just specify the revenue for the division.

Operating profit margin is the percentage of revenue left over after accounting for cost of goods sold (COGS) and operating expenses.

Enter your CapEx budget per year.

Default set to revenue *(1-margin) * 33%

Enter your maintenance budget per year.

Headcount at sites / plants is defined as the total headcount, including contracted workers, salaried, and hourly workers.

Plant reliability is calculated as the total capacity less any unplanned downtime, divided by total capacity.

Confidence in data and systems being up-to-date is the percentage of data / systems that are accurate in real time (how accurate your information is).

Default set at 6,000 hours.

Default set to 20 per year.

Default set to 40 per year.

Default set to 4 hours per week.

Default set to 60% of headcount at plant / site.

Potential Savings

• Reduction in effort to feed data and document feed for projects
• Reduction in walkdowns

Potential Savings

• Management of project change
• Improved overview and process rigor
• Reduction in project schedule
• Technical query
• Monitoring of design and construction
• Alignment of contractors

Potential Savings

• Reduced risk of schedule and cost overruns
• Increased efficiencies due to data-centric design tool usage
• Reduction in time requesting tag and document numbers
• Reduction of desk-to-desk time for the squad check process
• Data reused for design calculations – reduced key-in errors
• Reduced consistency checking requirements

Potential Savings

• Engineering design assurance and reduction in engineering mistakes
• Locating asset design information quicker
• Access to latest version of data
• Faster and more informed decision making
• Reduced time for maintenance packages
• Management of change work process efficiency

Potential Savings

• Engineering data reused to update CMMS – 95% reduction
• Meeting ‘wrench-time’ industry standards
• Single source of truth to find up-to-date data and documents
• Reduced need to walk-down plant – leverage 3D / scanned views
• Standardized, reusable work packages reduce planning effort
• Ability to focus on failure prediction

Potential Savings

• Single source of truth to locate and correlate required information
• Reduced walk down and verification requirements
• Electronic work packages and workflow approval distribution efficiency
• Leverage prior studies and existing designs to reduce costs
• Investigation efficiency through read only access to operational systems

Potential Savings

• Single source of truth shortens decision making time – do more
• Reduced ‘lost cost opportunities’ due to better, faster decisions
• Reduced need to walk-down plant reduces costs
• Improved unit operations meeting efficiency – do more
• Data leveraged for additional work processes – LDAR / LOTO
• Improved access to operational systems data - decision support

Potential Savings

• Reduction in ongoing initiative effort to maintain compliance
• Single source of truth enables demonstrable regulatory compliance
• HAZOP / LOPA studies look at the delta not re-doing from scratch
• Reduced internal audit efforts – do more to improve compliance
• Reduced effort to maintain IPL PRV, SIS, and SCE definitions
• Get out of the 5 year HAZOP cycle – reduced cost and effort

Potential Savings

• Reduction in number of investigations lowers internal costs
• Single source of truth enables reduced investigation time – do more
• Quick and easy access to data and documents reduce costs
• Ability to look across operational system improves decision support
• Troubleshoot equipment ahead of time mitigates incidents happening
• Average hours for root cause investigation estimated at 200
• Average hours for quick investigations estimated at 20

Potential Savings

• Single source of truth enables reduced risk management costs
• Reduction in effort to assess real-time barrier health
• Reduction in effort to compile mitigation plans – data available to all
• Reduction in effort to periodically review existing risk
• Automated update of risk to multiple operational systems

Potential Savings

• Reduction in development of point solutions
• Replace legacy point solutions with integrated enterprise solution

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit.

Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit.