Redefining the value proposition for safety and reliability management.

 

Redefining the Value Proposition

 

Value is no longer found in compliance-driven solutions.  Now value is found in integrated solutions based on sound economics, good science and engineering, effective management and technology leverage.

Transform

Transform from compliance-driven / end of life operating philosophy to robust code-based inspection and maintenance; and where appropriate performance-based integrity and reliability systems.

  • Deliver on current and future commercial requirements.

  • Decrease frequency of significant incidents, responses can cost from $1s to $100s million.

  • Increase asset life, NPV deferral of replacements that can costs $millions / mile.

  • Provides basis for increasing throughput.

  • Improved credibility with public via improved safety, reliability and environmental performance.


Embrace

Embrace integrated management systems to assure performance.

  • Assures safety and reliability controls are implemented and related goal and objective achievement.

  • Reduces costs of quality issues, up to 33% of spend.  Get it done right the first time – every time.


Deploy

Deploy and leverage technology to realize costs of quality and efficiency benefits.

  • Efficiency gains of 20-40% via business process management and integration of business management infrastructure

  • Increase schedule performance by up to 50%

  • Provides assurance benefits of management systems

 

Workforce transition

Workforce transition – developing workforce of tomorrow.

  • Productivity increases of up to 25%

  • Capturing the experience of an aging workforce, priceless


Improve

Improve commercial arrangements.

  • Aligning value chain to provide adequate resources for reliability and safety


Reduce

Reduce methane emissions.

  • Positive ROI on most projects and good performance on a public issue


Asset Rationalization

  • Reduce G&A and asset sale proceeds


Rebuild

Rebuild public trust.

  • Secure social license to operate.

  • Reduce project costs, up to 50% premium costs due to public opposition