As highlighted in Lloyd’s Register’s recent ‘Global Marine Trends’ publication, India is predicted to have the world’s largest population (18%) by 2030, and in conjunction with this, its economy is set to grow, seeing India join China and the USA as one of the three largest economies in the world. Given our increasing presence in ... Read more.
Tag: operational integrity
A new requirement that will affect all offshore asset owners and operators will soon be coming into play. API 16Q will help push owners and operators into a safer and more reliable working environment, reassessing the way risers are designed and operated to ensure the safety and integrity of offshore drilling risers in deepwater environments. ... Read more.
In previous blogs, my colleagues have explained the necessary interaction between people, systems and equipment (PSE) towards operational integrity. This has been emphasised by recent incidents, which has brought the interaction between all three to the forefront of the industry and the realisation that they cannot be considered in isolation. Imbalance between people, systems and ... Read more.
RAMS (Reliability, Availability, Maintainability and Safety) principles have become an intrinsic process for any owner or operator in a range of industry sectors. In the railway industry the need for a standard for this was identified in the late 1980s, with a standard (EN 50126 Railway applications – The specification and demonstration of Reliability, Availability, ... Read more.
Every year the drilling operators experience large periods of downtime in their drilling activities due to time spent on unforeseen, but necessary BOP (Blow Out Preventer) inspections. This is very costly – we are talking about hundreds of millions US dollars every year for the industry in total. There is no doubt the BOPs are ... Read more.