risk and life management software for pipelines

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Risk and life management software for pipelines pipeline risk audit enables inspection maintenance resources to be risk-focused optimum inspection periods are formally obtained based on an implicit time dimension of risk risk mitigation measures are signalled and selected to meet inspection frequency targets highly user friendly inspection management tool in accordance with the new API RP 580 user-selectable application display language Industry is recognising that benefits may be gained from adopting formal risk-based approaches to pipeline integrity management through improved targeting and scheduling of inspection and maintenance effort. RISKWISE for Pipelines assesses the likelihood and consequence of failure for pipeline segments and produces an itemised risk and remaining life profile for each pipeline or pipeline network accepts output of pigging inspection and long range ultrasonic testing (UT) (e.g. Teletest ® ) reports is convenient to use and can be easily learned as the risk model allows qualitative as well as quantitative input includes a regular updated database with all relevant damage mechanisms, as well as guidance on formulating the likelihood and the consequence of failure the focus/defocus module allows the user to mitigate the risk of loss or optimise the current inspection programme identifies the high risk locations in each pipeline or pipeline network and allows inspection to be properly targeted determines the risk of failure with time which provides a formal basis for assessing remaining life and hence establishing the period between pipeline inspections Benefits in brief provides a user friendly approach to cost-effective life management of pipelines for oil, gas, chemicals or water transport translates inspection data into pipeline risk and remaining life profiles for ‘direct assessment’ facilitates the selection of optimum risk mitigation measures English, Chinese, Japanese and Spanish language versions available RISKWISE™ RISKWISE™ is a TWI software product

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Risk and life management software for pipelines

pipeline risk audit enables inspection maintenance

resources to be risk-focused

optimum inspection periods are formally obtained based on an implicit time dimension of risk

risk mitigation measures are signalled and selected to meet inspection frequency targets

highly user friendly inspection management tool in accordance with the new API RP 580

user-selectable application display language

Industry is recognising that benefits may be gained from adopting formal risk-based approaches to pipeline integrity management through improved targeting and scheduling of inspection and maintenance effort. RISKWISE for Pipelines™

assesses the likelihood and consequence of failure for pipeline segments and produces an itemised risk and remaining life profile for each pipeline or pipeline network

accepts output of pigging inspection and long range ultrasonic testing (UT) (e.g. Teletest®) reports is convenient to use and can be easily learned as the risk model allows qualitative as well as

quantitative input includes a regular updated database with all relevant damage mechanisms, as well as guidance on

formulating the likelihood and the consequence of failure the focus/defocus module allows the user to mitigate the risk of loss or optimise the current

inspection programme identifies the high risk locations in each pipeline or pipeline network and allows inspection to be

properly targeted determines the risk of failure with time which provides a formal basis for assessing remaining life and hence establishing the period between pipeline inspections

Benefits in brief

provides a user friendly approach to cost-effective life management of pipelines for oil, gas, chemicals or water transport

translates inspection data into pipeline risk and remaining life profiles for ‘direct assessment’

facilitates the selection of optimum risk mitigation measures

English, Chinese, Japanese and Spanish language versions available

RISKWISE™

RISKWISE™ is a TWI software product

Key features user friendly software, fully

transparent – ensures buy-in by users

audit team approach – accommodates plant experience

interfaces with existing inspection data management systems

time-based risk auditing module – equipment ranked by risk and remaining life

inspection frequency based on formal reliability rules – remaining life indicator (RLI) module

focus/defocus module – facilitates selection of optimum mitigation measures

screens high risk areas requiring fully quantitative probabilistic assessment fully auditable output – acceptability to insurers/regulators

Implementation approach RISKWISE™ can be applied to all types of pipelines including those for oil, gas, chemicals or water transport. The following approach is normally adopted:

1. supply the software 2. conduct training in

implementation and functionality of the software

3. assist in the implementation at a specified plant - optional

4. software maintenance and upgrade support - optional

Equipment requirement PC (stand-alone or networked) with

MS-Windows operating system (NT 4.0, or higher) Contact Please contact [email protected] or visit our website for up-to-date information on TWI’s complete suite of RISKWISETM products. TWI Software Granta Park, Great Abington, Cambridge CB1 6AL, UK Tel: + 44 (0) 1223 891162 Fax: + 44 (0) 1223 892588 E-mail: [email protected] Website: www.twisoftware.com/riskwise 758.10/05

Risk distribution of pipelines within a network

Pipeline remaining lives using GIS display