Petrofac supports Bumi Armada with maintenance build for North Sea FPSO

5/21/2015

LONDON -- Petrofac has been awarded a contract to support maintenance management system (MMS) implementation for Bumi Armada’s North Sea bound FPSO, the Armada Kraken.

These services will be performed by Bumi Armada supported by Plant Asset Management, the asset performance management consulting business within Petrofac.

The scope of work includes development of an integrated risk-based maintenance program, associated repair/replacement strategies and spares holdings. Recognizing the potential value and cost savings to be achieved, Plant Asset Management will apply its systematic methodology to rationalize spares holdings with the express aim of ensuring effective cost control when owning, stocking and maintaining equipment spares for the life of the asset. Spares and inventory rationalization is an area where the business is delivering true value and bottom line impact for its clients.

BuildMETM, Plant Asset Management’s proprietary asset management program development platform, will support the project. It will provide a controlled environment in which to develop the asset hierarchy, assign maintenance, conduct the criticality assessment and spares analysis, and build bills of materials.

Following on from their long track record of MMS services for FPSO projects, Petrofac was selected to perform these services for the Armada Kraken FPSO.

Converted from a Suezmax ice class tanker, the FPSO will be deployed in the East Shetland basin. The Kraken field development is one of the biggest heavy-oil field projects currently under development in the UKCS.

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