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HPI needs to develop standards for asset information management

04.01.2011  |  Miller, Paul,  ARC Advisory Group, Dedham, Massachusetts

Keywords: [construction] [engineering standards] [capital investment]

ARC Advisory Group’s 15th Annual World Industry Forum in Orlando, Florida, Feb. 7-10, 2011, attracted more than 650 participants, representing 250 different organizations from 20 different countries. One of the keynote speakers, Bechtel Senior Vice President, Geir Ramleth, gave an interesting and well-received presentation on the need for suppliers; engineering procurement and construction (EPC) companies such as Bechtel; and owner-operators in the hydrocarbon processing and other asset-intensive industries to develop and implement standards for managing asset-related information.

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