16 October 2015
Astrimar to present at Subsea Integrity and Efficiency Conference
Astrimar to present at the joint SUT and Subsea UK conference on 1st December on the use of subsea inspection data to estimate failure probability and optimise inspection intervals
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Astrimar director Liz Garry will be talking about the use of subsea inspection data to estimate failure probability and optimise inspection intervals at the SUT and Subsea UK joint industry conference taking place in London on Tuesday 1st December.
Application of a simplified state-space model for estimating risk based inspection intervals will be presented which enables asset specific equipment probabilities of failure to be estimated for different failure modes based on historical asset inspection data previously obtained; these can then be used in conjunction with operator risk acceptance criteria to optimize equipment inspection intervals to support a reduction in inspection and intervention costs whilst minimising ongoing operational risk.
The presentation will share the learnings from a pilot study with a leading subsea operator and outline the data requirements for practical implementation based on typically collected data.
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