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.)
