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Engineering technology specialist Aveva has published an Operations Integrity Management (OIM) strategy for owner-operators in the oil and gas industry.

Exploring critical business areas for project and asset performance, the business strategy paper seeks to identify how owner-operators can reduce operational cost and risk through an optimised information management strategy.

At the centre of the OIM strategy is the digital information hub, a secure store of information and its associated relationships, allowing users to search, modify, control and collaborate across major capital projects and throughout the long-term operation of their assets.

The supervision of major capital projects, complex handover operations, maintenance, engineering and regulatory compliance all demand structured information integrity.

Poor information leads to poor decisions with potentially catastrophic consequences.

Aveva’s OIM strategy allows owner-operators to control the quality and accessibility of critical project and operational information, increasing productivity and profitability while reducing operational risk.

The OIM paper focuses on business areas identified as critical to success for owner-operators.

For the domain of project performance, focus is provided on improving project controls and the commissioning and handover process.

In the operations phase where asset performance is key, focus is provided on improving operations readiness, in-plant engineering, operations and maintenance and HSE and regulatory compliance.

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