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Reliability and Asset Performance Optimisation

Optimal design for your risk environment

Overview

We understand that you need cost-efficient design and operations, which is why we focus on reliability and regularity assessments which evaluate different design solutions.  We provide better decision support to verify your performance and efficiency goals and ensure they get met, ensuring reduce costs and optimised assets by insuring you have the best tools to deal with the risks.

We help optimise your asset and maintenance performance through reliability and regularity assessments. Providing an integrated optimisation solution or a stand-alone reliability/regularity models for your business.

What we offer

Fault Tree Analysis (FTA)

Our FTA is a logical top-down deductive failure analysis model of your asset, system or process illustrating the coherence between an undesired event and the causes of this event. We use the FTA method to identify the best way to reduce your risk or to determine event rates of a safety accident or a functional failure.

Safety Integrity Level (SIL) and LOPA

The safety integrity levels are the relative level of risk reduction and a measurement of performance for electrical, electronic or programmable electronic safety systems as defined in the IEC 61508 standard. SIL analyses incl. We make use of a layer of protection analysis (LOPA), with different risk and reliability techniques to address the requirements and targeted performance.

Reliability, Availability and Maintainability (RAM)

Our RAM analysis helps you achieve high regularity of O&G fields, power stations and plants to obtain increased efficiency and reduced the bottom line. We use advanced tools to model and simulate your asset, plant or system to determine its behaviour and how loss of production can be avoided.

Failure Mode, Effect and Criticality Analysis (FMECA)

We can provide a FMECA or FMEA to identify a failure identification and effects assessment which will identify part or characteristics of your system which be improved or optimised in order to meet you safety and reliability criteria.

Reliability Centred Maintenance (RCM)

Our RCM method facilitates both simple and comprehensive approaches for developing or optimising a maintenance program for your asset or system. We can identify several performance and maintenance performance indicators in the analysis to provide a baseline for the continuous improvement process of your maintenance management and cut your maintenance costs.

Uncertainty analysis

Our uncertainty assessment has increased focus as an evaluation tool for ranking risky decisions. With proper uncertainty management, you will be able to pin-point risks, mitigation measures and see an overview of the overall uncertainty in your project portfolio, ensuring your equipped to make the best informed decision.

 

 

What are the benefits

  • Better decision support to verify how performance and efficiency goals can be met
  • Increased up-time and production regularity
  • Improved maintenance management and reduced maintenance costs
  • Avoidance of failures with improved design solutions
  • Reduce your maintenance costs and improved design solutions
  • Increase production uptime for plants and assets.

Why choose LR?

We understand your need to have cost-efficient design and operations, but we also know that no two businesses are the same. That’s why our services analyses and assess your risk to ensure you have the right tools for you to ensure you optimise your asset and maintenance performance.

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