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Knowledge Center: Industry Articles
 

Develop, Implement and Measure: Raising An Asset Performance Management Program
Reprinted from UPTIME, Feb/March, 2008
An asset performance management (APM) program shares many of the same characteristics with parenting. It must be a top-down process and management must establish and insist upon overall strategies, enforce standards of performance, drive behaviors and assure that tasks are accomplished with the right tools and on time.

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Asset-performance management helps US refiners
comply with Baker Report

Reprinted from Oil & Gas Journal, January 28, 2008
To be successful, refiners must be profitable while maintaining safety performance that is more than just acceptable.

This article shows how a top-down approach to managing the performance and reliability of assets can help refiners effectively respond to the finding and recommendations of the Baker Report..

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How Companies are Complying with the Baker Report - November 2007
In the aftermath of the catastrophic 2005 BP Texas City refinery process accident, the company followed the recommendation of the US Chemical Safety and Hazard Investigation Board and formed and independent panel to conduct a thorough review of corporate safety culture, safety management systems and corporate safety oversight at its US refineries. The independent panel was headed by former US Secretary of State James Baker. Therefore, the January 2007 report issued by the panel has been called the "the Baker Report." This report contains 10 areas for recommended upgrades, as published in a previous article. A few of the recommendations from the Baker Report will be cited, and way some processing companies are complying will be described.

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Plan to Improve Plant Reliability - November 2007
The pressure is higher than ever on refineries and chemical plants (and industry in general) to keep producing at maximum rates. Prices and margins for many products are at record highs and the opportunity cost of an unplanned shutdown can be very high. World-class successful plants follow a plan for reliability. This article describes and categorizes the main economic benefits of an asset performance program. It also defines a reliability plan as a business process that offers a strategic approach to a living reliability plan used by world-class successful companies to achieve the benefits.

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Quantifying the ROI of an Asset Performance Management Program - May 2007
Learn how a typical refinery can obtain nearly $4 million per year in benefits in this new article just published in the May issue of Hydrocarbon Processing. Authors Tom Ayral and Marty Moran of Meridium examine how an asset performance management (APM) program can increase processing plant availability and reliability, optimize operation and maintenance costs, and help control risk.

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