Staying competitive in the process industry

Even though the global price of oil per barrel has started to stabilize, the oil & gas industry faces multiple challenges in the near future. Peter van der Weijde, Hexagon PPM, talks about the ways smarter software solutions can help the oil & gas industry continue to reduce costs to remain competitive and improve asset performance.

As one of the ways to answer to competition and improve margins, we

can see that owner operators are currently looking for ways to extend the lifecycle of their existing facilities and extract the most value from these facilities while they are operational. There are many benefits when compared to building new facilities; no new capital investment is needed, the entire existing infrastructure is already in place, and plant personnel are already trained.

For the engineering, procurement and construction (EPC) companies, this shift in the oil and gas industry has required a change of focus as well. As the number of greenfield projects has decreased, the key for competitive advantage for many EPCs is to be able to execute brownfield projects faster and more accurately than the competition. In a way, fewer projects and more competition have acted as a catalyst for the EPCs in the oil & gas industry to look beyond their traditional tools to find smarter ways to execute projects better.

Getting the most of existing assets Comprehensive, integrated and easy-to- use software solutions are key for improving efficiency and lowering the time needed for shutdowns and maintenance projects. Solutions such as Hexagon PPM’s CADWorx®

& Analysis

suite can help users to capture the existing as-built situation quickly and accurately by making use of laser scanning or laser surveying technology.

Once a scan or survey is completed, team members can easily change the unintelligent captured data to intelligent 3D objects. In the case of regulatory requirements, the 3D objects can be also checked by analysis tools without the need for remodeling. If any design changes take place, these changes can be automatically reverted to the original 3D design while updating the 3D model. All deliverables like Bill of Materials, isometrics and general arrangement drawings can be then generated automatically from the 3D model. This level of integration and automation drives the productivity and quality of the design to another level and makes the engineering and fabrication processes very competitive.

Real-life project example: Norwegian crude oil tanker

Easily available as-built information accelerated LR Marine’s project execution tremendously. SEPTEMBER/OCTOBER 2019

LR Marine A/S, a total supplier of cost efficient, effective and sustainable solutions for marine and industrial applications, was hired to route and install a piping connection for a VOC (volatile organic compound) recovery system on a Norwegian crude oil tanker. The project scope included executing a laser survey on the existing vessel to


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