Risk-Based Inspection (RBI) is a strategic approach that prioritizes inspection efforts based on the risk of failure, considering both the likelihood of failure and the potential consequences. This methodology helps optimize inspection resources, ensuring safety and extending the operational life of critical assets.

• Comprehensive RBI Assessments: We conduct thorough RBI assessments to identify high-risk equipment and systems. By analyzing failure probabilities and potential consequences, we help optimize inspection schedules, ensuring safety while minimizing downtime and operational costs.

• Damage Mechanism Evaluation: Our team evaluates the impact of various damage mechanisms—such as corrosion, fatigue, and wear—on the long-term integrity of critical components. This is particularly valuable for industries like oil and gas, petrochemicals, and power generation, where asset reliability is crucial to ongoing operations.

• Tailored Inspection Plans: Based on risk profiles, we develop customized inspection plans that ensure the most critical equipment receives the appropriate level of attention and resources. This approach ensures that inspections are focused on areas with the highest risk, thereby improving safety and efficiency.

• Simulation of Inspection Intervals and Maintenance Strategies: We utilize advanced simulation techniques to assess potential outcomes and optimize inspection intervals and maintenance strategies through “what-if” scenarios. This helps to identify the most effective approach to managing asset integrity, enhancing both reliability and performance while reducing unnecessary operational disruptions.

• Improved Asset Reliability and Performance: By focusing on resources where they are most needed, RBI allows for more efficient use of time, personnel, and financial resources, ultimately improving overall asset reliability, performance, and cost-effectiveness.