Maintenance Optimization Software for Facilities

SPE.org 

AkerBP is putting to the test Lloyd's Register’s (LR) RTAMO (Real-Time Adaptive Maintenance Optimization) software for maintenance optimization of its Skarv FPSO infrastructure and equipment in Norway. AkerBP aims to optimize the criticality and cost of its maintenance activities. The software is a standalone cloud-based software-enabled service that is based on predictive algorithms linking planned maintenance to economic and reliability outcomes. It is intended to optimize inspection and maintenance intervals to avoid unnecessary maintenance and inspection as well as avoid production shutdown due to equipment failure. The software has achieved up to a 40% reduction in operational maintenance expenditure for certain operators, according to LR.