Asset Risk Management

Reference number : OG-TIA-10007

Industry 

Oil and Gas (Upstream)

Course Overview

The "Asset Integrity and Process Safety Management in Oil and Gas Industry" course offered by Standard & Beyond (S&B) is a comprehensive training program designed to equip professionals with the knowledge and skills necessary to ensure the integrity and safety of assets within the oil and gas sector. This course delves into the modern risk-based methodologies essential for managing asset integrity, particularly in newly constructed and aged facilities. It addresses the key threats to the industry and provides both established and innovative practices to mitigate these risks effectively.

Who Should Attend 

This course is tailored for individuals working in front-line operations, maintenance, and on wells teams within the oil and gas industry. It is also highly beneficial for those involved in the management of operating systems and processes handling hazardous substances. Engineers, safety officers, and quality assurance personnel who aim to enhance their understanding of process safety and asset integrity will find this course invaluable.

Course Content & Learning objectives 

Participants will engage with a curriculum that covers a range of critical topics, including the implementation of Asset Integrity Management Systems, preventive, condition-based, and predictive maintenance strategies, and the development of improvement policies and key performance indicators. The course also emphasizes the importance of maintenance and inspection based on failure risks, life cycle cost analysis, and detailed preparation and planning for critical operations. Through this training, attendees will gain the tools and insights necessary to reduce operating risk and drive improvement throughout their business activities, ensuring compliance with industry standards and regulations. 

Course venue

Online & Physical 

Course Duration

40 Hours (5 Days)

Course Bespoke option available 

Yes (at Extra Cost) 

Course Fee

1200$ +VAT 

Date 

See the agenda 

Reference number : OG-TIA-100023

Industry 

Oil and Gas (Upstream)

Course Overview

 The "Barrier Management in Oil and Gas Industry" course provides a comprehensive understanding of managing safety barriers to prevent major accidents and ensure operational integrity. This course focuses on identifying, designing, implementing, and maintaining barriers to mitigate risks in high-hazard environments. Participants will learn about the role of barrier management in risk reduction, regulatory compliance, and achieving operational excellence, with a focus on integrating barrier thinking into safety management systems. 

Who Should Attend 

This course is ideal for:

• Health, Safety, and Environment (HSE) professionals.
• Operations and maintenance managers.
• Risk management and asset integrity specialists.
• Engineers involved in process safety and barrier system design.
• Regulatory compliance officers in the oil and gas sector.

Course Content & Learning objectives 

1. Introduction to Barrier Management

• Define the concept of safety barriers and their importance in the oil and gas industry.
• Understand the lifecycle of barriers: identification, implementation, and maintenance.
• Explore the relationship between barrier management and process safety.

2. Types of Barriers and Their Functions

• Learn about different types of barriers: physical,  technical, organizational, and procedural.
• Explore active and passive barrier functions.
• Understand the role of barriers in preventing and mitigating major incidents.

3. Barrier Analysis and Risk Assessment

• Conduct barrier analysis to identify gaps and vulnerabilities.
• Utilize bow-tie diagrams to map out risks and barrier controls.
• Learn techniques for evaluating the effectiveness and  reliability of barriers.

4. Barrier Design and Implementation

• Understand the principles of designing effective  barriers.
• Learn how to integrate barrier thinking into      operational procedures and systems.
• Explore industry standards and guidelines for barrier implementation.

5. Barrier Performance Monitoring and Maintenance

• Develop key performance indicators (KPIs) for barrier performance.
• Explore methodologies for monitoring, testing, and verifying barriers.
• Learn about predictive maintenance strategies to ensure barrier reliability.

6. Human and Organizational Factors in Barrier Management

• Analyze the impact of human and organizational factors on barrier performance.
• Learn how to build a safety culture that supports effective barrier management.
• Understand the role of training and competency in  barrier effectiveness.

7. Regulatory and Compliance Requirements

• Explore legal and regulatory frameworks for barrier management.
• Understand documentation and reporting requirements.
• Learn how to align barrier management practices with global standards (e.g., ISO, API).

8. Case Studies and Practical Applications

• Review real-world incidents to analyze the role of barriers in accident prevention.
• Participate in hands-on exercises to evaluate and improve barrier systems.
• Group discussions on challenges and solutions in barrier management.

Course venue

Online & Physical 

Course Duration

40 Hours (5 Days)

Course Bespoke option available 

Yes (at Extra Cost) 

Course Fee

1200$ +VAT 

Date 

See the agenda 

Reference number

OG-RCM-100017 

Industry 

 Oil and Gas (Upstream, Midstream, Downstream), Petrochemical 

Course Overview

This course provides a detailed understanding of Reliability-Centered Maintenance (RCM) principles and their application in the oil and gas industry. Participants will explore methodologies to enhance equipment reliability, optimize maintenance strategies, and reduce operational costs while improving safety and compliance. Using real-world case studies, interactive discussions, and hands-on exercises, attendees will learn to implement RCM to maximize asset performance and ensure sustainable operations.

Who Should Attend 

This course is ideal for:

• Maintenance and reliability engineers.
• Operations managers and supervisors.
• Asset integrity and risk management professionals.
• HSE officers and compliance specialists.
• Engineers responsible for equipment maintenance in oil and gas facilities.

Course Content

Day 1: Fundamentals of Reliability-Centered Maintenance (RCM)

• Overview  of RCM and its evolution in the oil and gas industry.
• Key  concepts: Failure modes, effects, and criticality analysis (FMECA).
• Workshop: Identifying critical equipment in oil and gas operations.

Day 2: Failure Analysis and Risk Assessment

• Techniques  for identifying and analyzing failure modes.
• Conducting risk assessments for critical systems.
• Case study: Applying FMECA in real-world oil and gas scenarios.

Day 3: Developing Maintenance Strategies

• Crafting  preventive, predictive, and condition-based maintenance plans.
• Balancing reactive and proactive maintenance approaches.
• Workshop:  Building maintenance strategies for critical assets.

Day 4: Optimizing Maintenance Schedules

• Tools   for scheduling and prioritizing maintenance tasks.
• Leveraging technology: CMMS, IoT, and predictive analytics.
• Group  activity: Creating optimized maintenance schedules for oil and gas  facilities.

Day 5: RCM Implementation and Continuous Improvement

• Steps  to implement RCM in oil and gas operations.
• Monitoring  and evaluating the effectiveness of maintenance strategies.
• Final  presentations: RCM implementation plans for case study facilities.
• Competency  exam and feedback session.

Learning objectives 

Upon completing this course, participants will:

• Understand RCM principles and their significance in oil and gas operations.
• Identify and assess critical equipment failures and risks.
• Develop maintenance strategies tailored to operational needs and risk profiles.
• Optimize maintenance schedules to balance cost, reliability, and safety.
• Ensure compliance with industry standards and regulatory requirements.

Course venue

Online & Physical 

Course Duration

40 Hours (5 Days)

Course Bespoke option available 

Yes (at Extra Cost) 

Course Fee

1200$ +VAT 

Date 

See the agenda 

Reference number :   

OG-TIA-90015 

Industry 

 Oil and Gas (Upstream, Midstream, Downstream) 

Course Overview

 The "Integrity Management of Aged Oil & Gas Assets" course is designed to provide industry professionals with the skills and knowledge required to ensure the safe, reliable, and cost-effective operation of aging infrastructure. This course addresses the challenges associated with managing aging assets, including degradation mechanisms, regulatory compliance, and advanced inspection techniques. Participants will learn to implement robust asset integrity management systems (AIMS) tailored to extend the lifecycle of aging facilities while maintaining operational safety and efficiency. 

Who Should Attend 

 1. Overview of Aged Assets in the Oil & Gas Industry

• Understand the challenges of aging infrastructure in oil and gas operations.
• Explore the impact of aging on safety, reliability, and profitability.
• Examine the role of asset integrity management in addressing these challenges.

2. Degradation Mechanisms in Aging Assets

• Identify common degradation mechanisms, including corrosion, fatigue, and wear.
• Learn about material behavior under prolonged operational conditions.
• Develop strategies to mitigate and monitor asset degradation.

3. Integrity Assessment and Risk Management

• Conduct risk-based inspections (RBI) for aged assets.
• Use fitness-for-service (FFS) evaluations to determine asset viability.
• Prioritize maintenance and repairs based on risk assessment findings.

4. Advanced Inspection and Monitoring Techniques

• Explore inspection methods, including non-destructive testing (NDT) and in-line inspection (ILI).
• Utilize monitoring technologies, such as drones,  thermal imaging, and ultrasonic sensors.
• Learn how digital tools like predictive analytics and AI can enhance monitoring efforts.

5. Life Extension Strategies for Aging Assets

• Develop life cycle cost analysis (LCCA) models for aging assets.
• Explore rehabilitation and retrofitting options for extending asset life.
• Understand when to decommission assets safely and responsibly.

6. Regulatory and Compliance Frameworks

• Examine regulations and standards governing aging oil and gas infrastructure.
• Learn best practices for compliance and documentation.
• Address environmental and social considerations related to aged assets.

7. Emergency Preparedness and Incident Management

• Develop strategies to manage risks associated with aging assets.
• Prepare emergency response plans tailored to aging facilities.
• Conduct post-incident investigations to identify root causes and corrective actions.

8. Case Studies and Practical Applications

• Analyze real-world examples of aging asset challenges      and solutions.
• Participate in group exercises to design asset integrity plans for aged infrastructure.
• Discuss lessons learned from industry failures and successes.

Course venue

Physical & Online 

Course Duration

40 Hours (5 Days)

Course Bespoke option available 

Yes (at Extra Cost) 

Course Fee

2400$ +VAT 

Date 

See the agenda 

Reference number :   

OG-TIA-60012

Industry 

Oil and Gas (Upstream, Midstream, Downstream), Petrochemical, and Energy

Course Overview

The "Risk-Based Inspection (RBI) According to API 581" course is a specialized training program designed to equip engineers, inspectors, and asset managers with the knowledge and practical skills to implement risk-based inspection methodologies in compliance with API 581 standards. This course emphasizes the identification, evaluation, and prioritization of risks to optimize inspection plans, improve asset reliability, and enhance operational safety. Participants will learn how to perform quantitative risk assessments, implement RBI programs, and integrate API 581 principles into their asset integrity strategies. 

Who Should Attend 

This course is ideal for:

• Inspection engineers, reliability engineers, and  asset integrity specialists.
• Maintenance and operations managers in oil, gas, and      petrochemical facilities.
• Risk management professionals and process safety specialists.
• Regulatory compliance officers and quality assurance personnel.
• Anyone involved in managing or maintaining static equipment and pressure systems..

Course Content & Learning objectives 

1. Introduction to Risk-Based Inspection (RBI)

• Understand the fundamentals of RBI and its role in  asset integrity management.
• Explore the objectives and benefits of implementing RBI programs.
• Overview of API 581 standards and their significance in the industry.

2. Principles of Risk Assessment

• Understand the concepts of probability of failure (PoF) and consequence of failure (CoF).
• Learn to classify risks into safety, environmental,  and business impact categories.
• Use risk matrices to prioritize inspection activities.

3. Implementing API 581 RBI Methodology

• Detailed overview of the API 581 methodology for  quantitative RBI assessments.
• Define key parameters, such as damage mechanisms,  degradation rates, and inspection effectiveness.
• Understand data requirements for implementing API 581 standards.

4. Identifying and Analyzing Damage Mechanisms

• Study common damage mechanisms affecting static equipment (e.g., corrosion, cracking).
• Develop strategies for damage mechanism assessments.
• Learn how to link damage mechanisms to appropriate      inspection techniques.

5. Inspection Planning and Optimization

• Develop inspection plans based on risk prioritization.
• Optimize inspection intervals to balance cost and safety.
• Learn about advanced inspection techniques and their applications.

6. RBI Software Tools and Technology

• Explore RBI software solutions for implementing API 581 methodologies.
• Understand data input, modeling, and analysis using digital tools.
• Case studies on integrating RBI technology into asset   management systems.

7. Monitoring, Updating, and Continuous Improvement

• Learn how to update RBI programs based on inspection  results and operational changes.
• Explore continuous improvement frameworks for maintaining the effectiveness of RBI programs.
• Understand regulatory requirements for RBI documentation and reporting.

8. Case Studies and Practical Exercises

• Analyze real-world examples of RBI implementation.
• Participate in hands-on exercises to perform risk assessments and develop inspection plans.
• Group discussions on challenges and solutions in RBI application.

Course venue

Physical & Online 

Course Duration

40 Hours (5 Days)

Course Bespoke option available 

Yes (at Extra Cost) 

Course Fee

1800$ +VAT 

Maximum number of trainees 

6

Date 

See the agenda