Oil & Gas

Ensuring that your business meets the heavy requirements of the highly regulated oil and gas industry can be a challenge. By effectively maintaining and monitoring assets, having a full audit trail for all work, and monitoring the safety of workers and operations, you can reduce operating costs and increase production.

Oil and Gas asset management with the Maximo Application Suite comes with a detailed suite of maintenance and HSE applications specifically designed for the industry, helping you and your team to monitor and maintain assets across multiple locations through extraction, distribution, and refinement processes.

Maximo Application Suite

Challenges and Use Cases for Oil & Gas

Challenge

Remote oilfields and offshore platforms pose logistical challenges for maintenance and monitoring.

Solution

Remote Monitoring

IoT devices connected to MAS provide real-time asset insights from remote locations.

Drones and Robotics Integration

Supports the use of drones and robots for inspections in hazardous or inaccessible areas.

Condition-Based Maintenance

Reduces the need for unnecessary field visits by triggering maintenance only when specific conditions are met.

Challenge

Extreme environments (offshore rigs, pipelines, refineries) expose equipment to high stress, corrosion, and risk of catastrophic failure.

Solution

Asset Performance Management (Maximo Health)

Tracks asset condition using inspection data, IoT sensors, and health scores.

Predictive Maintenance (Maximo Predict)

Uses AI to predict failures in critical equipment like compressors, pipelines, and pumps.

Digital Twin Support

Simulates performance and degradation scenarios for complex assets under load.

Challenge

Oil & gas operators must meet strict global regulations (OSHA, ISO, EPA) with zero tolerance for safety lapses.

Solution

HSE Module

Manages incidents, investigations, permits to work, safety observations, and compliance reports.

Inspection Scheduling

Automates safety inspections and enforces checklists based on asset type and region.

Incident Management

Captures and analyzes safety events to reduce recurrence and meet regulatory expectations.

Challenge

Equipment downtime (e.g., drilling rig failure) can cost millions per day in lost production and logistics.

Solution

Condition-Based Maintenance

Triggers work based on sensor data thresholds, avoiding unnecessary downtime.

Failure Mode & Effects Analysis (FMEA)

Built-in reliability tools help identify high-risk components and reduce recurrence.

Real-Time Monitoring (Maximo Monitor)

Continuously tracks asset performance and alerts teams before issues escalate.

Challenge

Oil and gas companies often rely on specialized systems like SCADA, DCS, and GIS, which need seamless integration with maintenance platforms.

Solution

IoT and SCADA Integration

MAS connects with SCADA systems to gather real-time data from field assets.

GIS Integration

Enables location-based asset tracking and maintenance using geographic information systems.

API and Data Interoperability

Allows MAS to integrate with existing ERP systems and other industry-specific tools.

Challenge

Work in refineries, pipelines, or offshore rigs must follow strict protocols, isolations, and permit processes.

Solution

Work Execution Management

Integrates work orders with HSE protocols, isolations, and risk assessments.

Permit to Work System

Ensures permits, lockout-tagout procedures, and approvals are in place before work begins.

Mobile Work Management

Provides field techs with real-time procedures, safety documentation, and reporting.

Challenge

Equipment is spread across vast and remote locations, including offshore platforms and onshore wells.

Solution

Mobile-Ready Platform

Technicians can access asset records, instructions, and enter data even without connectivity.

Geospatial Integration (GIS)

Maps assets and links them to real-time work orders and inspection history.

Remote Monitoring

Integrates with SCADA, IoT, and drones to monitor pipelines, tanks, and unmanned stations.

Challenge

Having the right parts at the right time is crucial in remote or offshore operations, yet overstocking is costly.

Solution

Inventory Forecasting

Predicts spare part needs using asset usage, condition data, and historical trends.

Critical Spares Classification

Flags high-risk parts for priority stocking and automated replenishment.

Supply Chain Integration

Links with ERP and procurement systems to streamline ordering and minimize downtime risk.

Add value to your operations with Maximo Application Suite

Scalability

Supports growth and integration of new technologies like IoT and AI.

Centralized Operations

Unifies asset data, maintenance workflows, and performance monitoring.

Cost Savings

Reduces operational costs through optimized asset utilization and energy efficiency.

Strategic Decision-Making

Provides actionable insights to support investment and planning.

Get in touch

Unlock the full potential of Oil & Gas operations with Maximo.

Explore how Maximo’s cutting-edge technology can revolutionize your approach to asset management, maintenance, and regulatory compliance.

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