April 2011

Project Management

How to properly apply a plant asset management strategy

Facilities employing leak-detection and custody-transfer systems receive many benefits with this program

Norinder, J., Siemens

In today’s tough economy, plant asset management (PAM) has become a strategy that is hard to ignore. If applied properly, every aspect of every business in every industry can be optimized. In doing so, however, it is crucial to take issues, opportunities and benefits of each individual business into account if the efforts are to yield fruitful results. When applying asset management to processing plants within the hydrocarbon processing industry (HPI), for example, the most appropriate approach varies depending on the application area and whether it is an upstream, midstream or downstream installation. An area where this is particularly relevant is at hydrocarbon terminals, tank farms a

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Hydrocarbon Processing magazine.

2) SUBSCRIBE to Hydrocarbon Processing magazine in print or digital format and gain IMMEDIATE ACCESS to the current issue as well as to 3 articles from the HP archives per month. $239 for an annual subscription.

3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain IMMEDIATE ACCESS to this article, the current issue, all past issues in the HP Archive, the HP Process Handbooks, HP Market Data, and more. $1,695 for an annual subscription.  For information about group rates or multi-year terms, contact J'Nette Nichols-Davis at  jnette.davis-nichols@gulfpub.com or +1 713.520.4426.

Related Articles

From the Archive

Comments