Offshore Oil & Gas NPT Benchmarking Report

Press Release
Wednesday, August 29, 2012

Crew shortage & integration issues identified as major contributors to control systems-related NPT (Non Productive Time) in Athens Group report.

Athens Group has published its fourth annual international benchmarking report on control systems software-related non-productive time (NPT) in the oil & gas industry. The report, subtitled Focus on Metrics, is based on the results of Athens Group’s annual industry surveys.

Highlights from the Focus on Metrics report include:

    •        Lack of the right skill set in-house was this year’s highest-ranked organizational barrier to reducing control systems-related NPT
    •        Hardware integration-related NPT has decreased somewhat; however, 84% of respondents said that hardware integration issues still account for up to 40% of NPT
    •        Respondents report that in 2011, actual NPT on high-specification offshore assets was still 88 – 127% higher than the reported acceptable rate, depending on the age of the rig

Athens Group’s annual NPT surveys are designed to help the oil & gas industry identify:
    •        Costs and causes of control systems software-related NPT and safety incidents
    •        Opportunities for, and barriers to, reducing NPT at the company level

Athens Group maintains that the high rate of non-productive time (NPT) and project delays on today’s highly-automated offshore assets is unacceptable! From topsides to subsea, they promise to ensure that integrated systems are effectively designed, developed and tested, and remain compliant with the customer's performance, reliability, and safety requirements.

The free report can be downloaded here.

 


People & Company News

Kongsberg Performs Well in Q2

Norwegian defence and marine technology company Kongsberg Gruppen's second quarter 2016 (Q2) financial results shows sales performance broadly in line with recent trends,

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

MN100: Conrad Shipyard

The Company: Conrad Shipyard was established in 1948 and is headquartered in Morgan City, Louisiana. The company designs, builds and overhauls tugboats, ferries,

Offshore

Onshore Spending on the Cusp of Recovery?

DW’s recently released quarterly World Oilfield Services Market Forecast (OFS) and World Oilfield Equipment Market Forecast (OFE) continue to suggest 2016 will

US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

Canada May Ask Far-offshore Drillers to Pay Extra

Canada may ask oil companies to contribute to the hundreds of millions of dollars or more the country has to pay to an international body if they drill far offshore,

Energy

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

ABS Makes it Safer to ‘Walk to Work’

ABS announced the publication of The ABS Guide for Certification of Offshore Access Gangways. The new Guide addresses certification for safety systems used for “walk to work” (W2W) crew transfers.

Viking Grace Marks 1,000 LNG Bunkering Milestone

From the very beginning, the M/S Viking Grace – delivered in January 2013 – was an environmental milestone.   The vessel attracted global attention as an environmental

 
 
Maritime Careers / Shipboard Positions Navigation Offshore Oil Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1091 sec (9 req/sec)