Abstract:In the oil and gas industry, maintaining the integrity of production equipment is critical to ensuring the industry’s sustainability. Failure to maintain the integrity of production equipment can result in financial losses for the business. The management of production equipment nearing the end of its design life faces an increasing cost of Inspection, Maintenance, and Repair (IMR). As a result, a strategy to improve the efficiency of IMR is essential. Recent IMR management practices include predictive Risk-Ba… Show more
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