The paper focusses on derisking solutions for Pipeline projects. As we are all aware Pipeline operators face risks along the complete life-cycle of the project, i.e. during the project implementation and during operations.
The major risks during project implementation phase are • Fulfillment of plant safety requirements, • Design to highest availability, ease-of-operations and plant efficiency • Interfacing between suppliers and between a vast number of products and systems • Project implementation schedule • Installation, commissioning & maintenance (often at remote locations)
The major risks during operation phase are: • Operational inefficiencies • Third party interference and attacks • Leaks and false leak alarms • Attrition rate of installed systems leading to a higher cost of ownership • System upgrades and modernization.
The execution concept based on Main Machinery Automation and Electrical Contractor (MMAEC) is responsible for implementing and servicing the plant across the entire life-cycle and ensures substantial de-risking based on its technical and execution capabilities.
The early involvement of the MMAEC, from the conceptual definition onwards, allows defining philosophies (= what do want to achieve?), compare alternatives - and rank them, a select-design approach and gives a sound basis for investment decision (investment quality cost & time estimate).
The MMAEC concept allows achieving reduced project execution and maintenance schedules as well as cost reductions along with state of the art technology integrated in such way that avoids sub-optimizations.
The following de-risking capabilities where the MMAEC impact positively the project implementation and operation are: • Risk reduction through synergies. • Substantial project interfaces handling and de-risking. • Comprehensive service portfolio and service concept. • Reduces attrition risks for pipeline equipment and machinery & total cost of ownership. • Maintenance based on “single point of contact – SPOC” for the complete pipeline.”