Corporate Profile Asset Performance Management (APM)

[Audio] Asset Performance Management at Spie Oil and Gas Services.

[Audio] As the independent European leader in multi-technical services in the areas of energy and communication, SPIE supports its customers to design, build, operate and maintain facilities that are energy-efficient and environmentally friendly. SPIE's core values and open door policy respects and cares for every employee and customer Proximity: Close to the field, close to our customers, close to our people: proximity is what allow us to better understand client needs and be reactive and precise in our response PERFORMANCE: We aim to be best in class in results, in offering our customer added value service, to reach excellence, in an ethical and responsible way RESPONSIBILITY: Safety is our first duty, wherever we are. No compromise, at all levels. And in SPIE Oil & Gas Services we apply group Corporate Social Responsibility commitment, based on 4 pillars (environment, Social, Economy, Society), because we are engaged in our believes, it's in our company culture.

[Audio] SPIE Oil & Gas Services offers its customers from the oil, gas and renewable energy industries tailor-made solutions for their installations. With 3,200 employees of 70 different nationalities working in 27 countries in Europe, Africa, the Asia-Pacific region and the Middle East, SPIE Oil & Gas Services offers services across five service lines: Well Delivery & Management Solution Project Engineering & Construction Solutions Commissioning & Start-Up Assessment & Competency Development Operation, Maintenance & Asset Integrity.

[Audio] SPIE Oil & Gas Services offers a full range of business services in oil and gas sector. Its presence in more than 30 countries with centers of excellence in Europe, Middle East, Asia and Africa is a confidence factor for its customers The service line Asset Support, Operations and Maintenance is established on the different regions of the world and cover: Asset Performance Management Digital solution integration Operating Manual and Procedures SPIE Oil & Gas Services Asset Performance Management offices is located at its center of excellence in Bangkok, Thailand. The workspace covers the area of 1100m2 and fully equipped with necessary tools to be utilized during project execution.

[Audio] "Asset performance management (APM) encompasses the capabilities of data capture, integration, visualization and analytics tied together for the explicit purpose of improving the reliability and availability of physical assets. APM includes the concepts of Maintenance and Inspection Engineering and Spare Parts Management. Typical Work Packages are proposed and developed to meet our client's requirements and Maximize the performance of assets.

[Audio] Maintenance and Inspection Engineering is a discipline that focuses on developing and implementing effective maintenance strategies and inspection processes for various types of assets, such as equipment, machinery, infrastructure, and facilities. The goal is to ensure the reliability, availability, and safe operation of these assets throughout their lifecycle. Key aspects of maintenance and inspection engineering include: Maintenance and Inspection Planning and Strategy, Asset Condition Monitoring, Reliability Analysis, Maintenance Execution and Optimization, Risk-Based Inspection (RBI), Data Analysis and Decision Support Effective maintenance and inspection engineering practices contribute to improved asset reliability, reduced downtime, enhanced safety, and optimized maintenance costs. By implementing proactive maintenance strategies and thorough inspection processes, organizations can extend asset lifecycles, minimize risks, and ensure efficient operation of their assets.

[Audio] Asset Performance Management (APM) offers several benefits to its customers: Increased Asset Reliability and Availability: Asset Performance helps optimize maintenance strategies by moving from reactive or scheduled maintenance to predictive and condition-based maintenance. By continuously monitoring asset health and utilizing predictive analytics, organizations can identify potential failures in advance and take proactive maintenance actions. This reduces unexpected downtime, improves asset reliability, and increases asset availability for uninterrupted operations. 2. Improved Operational Efficiency: APM allows organizations to optimize maintenance schedules, reduce unnecessary maintenance activities, and minimize unplanned downtime. By implementing maintenance actions based on asset condition and predicted failures, organizations can streamline maintenance processes, optimize resource allocation, and improve overall operational efficiency 3. Reduced Maintenance Costs: APM enables organizations to shift from traditional time-based maintenance approaches to condition-based maintenance, where maintenance activities are performed when assets exhibit signs of degradation or are likely to fail. This targeted approach reduces unnecessary maintenance, optimizes the use of maintenance resources, and minimizes maintenance costs while ensuring asset performance and reliability. 4. Enhanced Safety and Risk Management: APM integrates risk management practices, helping organizations assess the impact of asset failures on safety, the environment, and operations. By prioritizing critical assets, analyzing potential risks, and implementing appropriate maintenance actions, organizations can mitigate safety risks and prevent incidents that could lead to accidents, injuries, or environmental damage 5. Regulatory Compliance: APM supports organizations in meeting regulatory compliance requirements related to asset performance, maintenance, and safety. By implementing effective maintenance strategies, organizations can demonstrate compliance with industry standards, regulations, and legal obligations By optimizing asset performance, minimizing downtime, reducing maintenance costs, and enhancing asset value, APM can contribute to improved Return of Assets by increasing revenue, reducing Operating expensess, and maximizing the value generated from the organization's assets..