HOW TO ACHIEVE OPERATIONAL RELIABILITY IN THE NATURAL RESOURCES AND PETROLEUM INDUSTRIES

CIM MEMO 2011
Abstract In order to survive within a highly competitive global market, the natural resources and petroleum industries rely on intensive physical assets’ operations that require optimal strategies for maximizing the value obtained from these assets during their lifecycle. It is usually wrongly assumed that the optimization of the operational reliability is exclusively a technical problem “equipment problem”, ignoring the complexities related to human, technical and processes dimensions.

Based on our experience the key differentiator for success in implementing an Operational Reliability program is the existence of a clear asset maintenance framework for guiding organizations to specific levels of required or desired performance. The framework is a roadmap that describes the destination, the route and the possible obstacles to be faced, envisioning well ahead, the actions and necessary resources to achieve specific business targets, considering not only the technical aspects but also the people, processes and systems involved.

This paper describes an approach to define and implement strategies and methodologies oriented to enhance the operational reliability of assets related to the natural resources and petroleum industries; keeping as the main focus the alignment of processes, systems and people for achieving business objectives.

Keywords: Maintenance, Reliability, Maturity, Management, Asset
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