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ABB to tackle asset integrity management challenges
ABB in the UK has signed a MoU with asset integrity management business Metegrity to bring a new solution to market that will tackle asset downtime by optimising asset strategy and increasing visibility of equipment performance in real time to better manage operations and interventions. Combining ABB’s deep domain expertise, data analytics and industrial AI capability with Metegrity’s leading asset integrity management and riskbased inspection software, customers will be able to perform advanced risk analysis on their assets with the intent of increasing asset reliability, reducing maintenance costs and turnaround time as well as boosting up-time. In addition, the new collaboration will streamline compliance reporting, moving away from a traditional paperbased approach or fragmented systems to an integrated digital one, with all asset data stored in a central, easily accessible database for a single source of truth. This will enable operators to instantly access insights on the condition of specific assets, at a micro or macro level, in the event of an incident or ahead of an audit.
The MoU builds on the success of its first project together with downstream operator MOL Group, announced last September. The new relationship is particularly well suited for midstream and downstream operations, where companies can increase operating cash flow by making the most of their valuable assets. Metegrity is a leading asset integrity management software company, offering best in class enterprise solutions that are highly configurable and strategically tailored to unique business needs. Metegrity empowers asset intensive industries in oil and gas operations and chemical manufacturing to achieve operational efficiency with its complete line of products. ABB is a leading global technology company that energises the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels, with a history of excellence stretching back more than 130 years.
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For more information: www.abb.com
© Copyright 2021 ABB
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A leading international drilling and well engineering consultancy and service provider for the energy industry has significantly strengthened its foothold in the ASPAC region by securing deals worth AUD$4.7 million.
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Add Energy has recruited four new consultants to its 25-strong team based in Perth, WA to augment the delivery of work on behalf of a broad and growing client base, including private investment groups, vessel owners and non-operating entities, as well as traditional oil and gas operators. Well management, production optimisation, well integrity studies, carbon capture storage well design and rig-less intervention solutions form the core of the recent work awarded. In addition, the team has been contracted to complete long-term service agreements for operational assets to enhance production performance by supporting the delivery of maintenance programmes and assuring compliance with regulations.
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Headquartered in Stavanger, Norway, Add Energy operates throughout the ASPAC region from its regional HQ in Perth, Australia and brings 30+ years of operations, drilling and well engineering experience to the provision of leading-edge solutions in the spheres of asset management; drilling and well operations; safety and risk; decarbonisation and energy transition; and training. Add Energy is an international consultancy, service and software provider to the energy industry. The company is focused on delivering solutions that have a direct impact on safety, cost reduction and operational efficiencies to its clients.
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For more information: www.addenergy.no
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