Operations

CASE STUDY – £250,000 per asset saved each year using Hub solution

Single example workscope – motor replacement on a degasser – to be executed during next shutdown. Operator A indicates 850 similar transactions performed per mid-size manned asset per annum.

Define / FEED

  • Engineering navigated to Hub, searching by relevant TEKNo, and advise procurement team of requirement for like-for-like replacement via material requisition (1 hour saving – single location for all historically procured equipment data, easily navigable and collated)
  • Quotation was requested from supplier, advising them of requirement for replacement as per TEKNo. in Hub system. (2 hour saving – significant reduction in correspondence requirements throughout the process)
  • Supplier submitted quotation.
  • Purchaser issued quotation and links to relevant TEKNo. to engineering & design teams for final, expedited confirmation & approval. (1 hour saving – single location for all data for final review)

Execute

  • Purchaser received internal approval to proceed.
  • Purchaser raised PO (with full assurance – based against specific, validated technical data relating to the correct equipment package.)
  • Supplier delivered equipment and directed purchaser to the TEKNo. data already held in Hub, covering & closing out all final deliverables. (5 hour saving – single location for all data for documentation control and review / approval)
  • Supplier raised Invoice – process expedited.
  • Purchaser paid supplier – process expedited.
  • Engineering & design teams performed installation and handover to operations alongside simple direction to the TEKNo. data already held in Hub. (1 hour saving – single location for all data for final handover)
Activity UoM # workscopes per annum Time spent (Hours – Existing Process) Estimated reduction [%] Per annum manhours saved Rate (GBP Per annum savings (GBP)
Engineering ID of equipment (replacement package) EA 850 2 50% 850 40 34,000
Procurement quotation request from supplier EA 850 4 50% 1700 40 68,000
Quotation issuance for review + approval EA 850 2 40% 680 40 27,200
Internal approval received EA 850 0.5 0% 0 40 0
PO raised by Procurement EA 850 0.5 0% 0 40 0
Supplier equipment + documentation suite delivery EA 850 4 65% 2210 40 88,400
Invoice payment process EA 850 4 0% 0 40 0
Post-commissioning equipment + documentation handover EA 850 2 50% 850 40 34,000
          6290   251,600

FURTHER BENEFITS

Operate

  • Asset & organization master data is standardised and utilised, formulating a critical compent of an asset’s intelligent digital twin. (5 hour saving per annum – single location for all data for onshore engineering workscopes)
  • Spare parts inventories across on both an asset-specific and organisation-wide basis are more easily monitored and maintained. (£2k depending on equipment in question / available spares already held)
  • Master data is integrated to existing systems (eg SAP and Maximo) utilising bespoke APIs / plugins for onoing fabric maintenance & asset integrity asset management. (5 hour saving per annum – single location for all data for onshore & offshore collaboration)
  • Significant increase in collaboration between Operators & EPCs from a single source of technical equipment data. (3 hour saving per annum – single location for all data for onshore & offshore engineering workscopes & collaboration)
  • Asset familiarisation – Individuals / teams are provided with simple access to all pertinent, accurate & up to data technical data relating to the equipment / equipment package they will be working on when they arrive at the asset. (5 hour saving per annum – single location for all data for onshore & offshore engineering workscopes & collaboration)

Decommissioning

  • Advance planning executed timeously using up to date, accurate technical data for all equipment on the asset
  • Particularly relevant to interdependent systems, be they platforms, pipelines, wells or utilities, which interact with and are interdependent upon one another
  • Increase accuracy of tender responses from supply chain to execute scope(s) of work – accurate, standardised data has been proven to eliminate response “buffer” from a commercial standpoint
  • Remote consultancy & collaboration between all stakeholders dramatically increased, reducing requirement for costly access to the asset prior to commencement of decommissioning scope(s.)