Asset Integrity Management in the Process Industries - Managing your Ageing Assets - June 2018

Date From: 26 June 2018
Date To: 27 June 2018
Location: United Kingdom
Description: Understand how to determine the key threats from ageing equipment and how to plan and implement a life extension strategy for managing them.
Event Type: IChemE Course
Venue: Rugby, UK
Organiser: IChemE
Contact Name: Courses department
Contact Phone: +44 (0)1788 534431
Contact Email: courses@icheme.org

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Overview

Many of the process plants and offshore installations in the UK and worldwide are operating beyond their nominal design life, raising concerns for potential loss of hazardous materials and adverse business impact. So how can operating companies more rigorously demonstrate suitability for continued long term operation?

Asset integrity is the ability of an asset to perform its required function effectively and efficiently whilst protecting health, safety and the environment.

The findings from the UK’s HSE KP4 and COMAH Ageing Plant initiatives, and experience from operating companies, indicate that while many companies have good practices for day to day integrity management, a specific approach is required for the key business considerations of ageing and life extension. Businesses aim not only to avoid losses of containment and improve reliability, but also want to avoid financial “surprises” by having a better view of future asset investment requirements.

This course will show delegates how to determine the key threats from ageing equipment, and how to plan and implement a life extension strategy for managing them. It will show how knowledge of the vulnerabilities, deterioration and obsolescence, and loss of organisational competence can be used to develop a strategy for managing ageing-related risks.

It covers all equipment types: static equipment (pressure vessels, piping, storage tanks etc), rotating equipment, control and instrumentation, electrical and civil infrastructure.

Learning outcomes

By the end of the course you will understand:

  • risk management – understand how to determine the SHE and business threats from ageing equipment (e.g. equipment degradation, obsolescence, loss of technical support), and how to manage them
  • organisational arrangements - understand how risks can be managed in a fragmented/outsourced organisational regime
  • competence – understand how to identify the core areas of competence to retain in-house and understand what is needed to act as “intelligent customers” for outsourced services
  • investment requirements – learn how to determine, justify and prioritise the “big ticket” items

Who will benefit

Suitable for senior managers and engineers in operating companies who are responsible for authorising, developing and implementing strategies for ageing plant and asset life extension.

Fees

IChemE member – £1150 + VAT

Non-member – £1300 + VAT

Course presenters

Laza Krstin, senior consultant, and Neil Henry, principal integrity management consultant, ABB Consulting

Duration (for CPD recording purposes): up to 14 hours14 hours CPD

If you are recording mandatory CPD you should refer to your own regulator’s requirements as recognition of CPD hours may vary.

IChemE member? Log your CPD via mycareerpath

IChemE is a registered charity in England & Wales (214379), and a charity registered in Scotland (SC 039661).