A pipeline’s initial design can lock in 90% of the lifetime cost and limit the scope for change in safety management procedures. Lifecycle management, including a vast amount of valuable and sometimes unstructured data, is not brought in to day-to-day operational processes. This leads to a lack of insight when crucial decisions are made. Up to 20% of operational budgets are wasted compensating for poor information management and inconsistencies in information across processes. A step change in the industry is needed.
Hydraulic modelling, leak detection, integrity management and safety assessment capabilities
Our software development is now being structured around our new digital asset ecosystems. The pipeline ecosystem combines the power of hydraulic modelling, leak detection, integrity management and safety assessment capabilities. The ecosystem enables a proactive approach for better real-time decisions with predictive and advanced data analytics. One example of this is our Ticket Risk Assessment tool. Our tradition of engineering excellence and best practice is augmented with the power of advanced data analytics and utilizes the unlimited power and storage of cloud platforms.