Life Extension
Programme

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Navigating the competitive seas of the maritime and offshore industries necessitates astute strategies for maximising asset longevity.

Avantis Group’s Asset Life Optimisation Programme provides a comprehensive assessment of the operational risks and opportunities associated with prolonging the life of marine equipment and vessels. Through detailed analysis, we support our clients in streamlining their asset management, enabling efficient resource distribution and heightened focus on asset integrity.

For projects ranging from new constructions to significant modifications or conversions, our approach is designed to manage risk, uphold safety, and enhance the integrity and performance of your assets.

The Avantis Asset Life Optimisation Framework

  • Assesses the current state of the asset Investigates the structural and equipment robustness, focusing on fatigue and strength profiles.
  • Outlines necessary refurbishments and maintenance to retain serviceability.
  • Constructs a risk-oriented inspection strategy to oversee essential operations and structures.
  • Implements an integrity monitoring system to track asset condition.
Maritime life extension

Asset Life Extension Mandates

  • Recommends life extension initiatives prior to surpassing the asset’s originally intended lifespan.
  • Inspects the asset’s state to affirm suitability for prolonged operation.
  • Integrates mitigation processes to fulfil life extension goals.
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Initial Condition Appraisal

  • Aggregates historical data on operations, inspections, maintenance, and repairs.
  • Highlights any documented instances of fatigue, potential weaknesses, and equipment malfunctions.
  • Pinpoints particular zones warranting attention.
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Structural & Performance Analysis

  • Scrutinises regions susceptible to fatigue and structural challenges.
  • Determines the fatigue endurance of key connectors and junctions.
  • Correlates analytical findings with documented and surveyed damage.
  • Focuses on areas prone to fatigue for corrective action.
  • Calculates the surplus fatigue life relative to the planned operational extension. 
  • Refines the inspection itinerary based on analytical outcomes.
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Detailed Condition Survey

  • Thoroughly examines areas vulnerable to fatigue and noticeable deterioration or substantial corrosion.
  • Executes non-destructive evaluations and thickness gauging via ultrasonics.
  • Recognises concerns pertinent to the asset’s long-term dependability and average failure intervals.
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Projection of Remaining Useful Life

  • Evaluates the asset’s present condition.
  • Identifies sections necessitating refurbishment or enhancement to achieve the desired operational lifespan.
  • Proposes solutions for structural alterations at fatigue-sensitive points and equipment modernisation.
  • Outlines life extension requisites for the asset.
Rig In Dock

Enhancement Strategy

  • Formulates a preliminary strategy derived from preceding analyses.
  • Marks out locations for repair or corrective measures to satisfy the design requirements for the intended extended use.
  • Proposes necessary design revisions and enhancements.
  • Constructs a comprehensive enhancement plan.
  • Approximates the financial outlay for enhancements.
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Risk-Orientated Inspection Scheme

  • Facilitates hazard identification and evaluation.
  • Employs consequence modelling and underlying assumptions.
  • Integrates risk assessment methods and criteria for judgement.
  • Develops an inspection schedule anchored in risk analysis Assessment of Inspection Outcomes.
  • Compiles inspection and repair records.
  • Aids in assessing the inspection regimes’ effectiveness over time and prepares for emergent issues.
  • Amends the inspection scheme as required.

Avantis Group’s Asset Life Optimisation Programme meticulously assesses the significant operational risks tied to process equipment and maritime assets, evaluating their present condition and the viability of extending their operational tenure.

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