Oil And Gas Industry: Using Centrifugal Pump As A Case Study (Essay Sample)
discuss centrifugal pumpssource..
MAINTENANCE OPTIMISATION FOR ROTATING EQUIPMENT IN THE OIL AND GAS INDUSTRY: USING CENTRIFUGAL PUMP AS A CASE STUDY
Maintenance optimisation for rotating equipment in the oil and gas industry: Using centrifugal pump as a case study
Oil and gas industry heavily relies on the rotating equipment in ensuring that their activities run smoothly. In essence, compressors and gas turbines are the key equipment that rotates in this industry. Nevertheless, these equipment poses inimitable challenges to the firm in regard to their maintenance. In fact, Rostagno (2013) and Bloch and Geitner (2012) argue, this equipment set the tempo of maintenance and represent at least 70% of the OPEX cost. Further, the industry has been faced with more demanding practices of going green and additional regulations as well as technical encounters that escalate the total operational cost of this industry. As such, producers can optimize their firms by integrating those approaches that optimize their practices and maintenance of their equipment. Therefore, it is imperative that maintenance of this equipment is optimized to ensure that fewer costs are incurred while running them. In response to this alarming need, oil and gas firms have focused on purchasing reliable and manageable equipment that will reduce their cost on maintenance. A
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