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RISKWISE™ RISKWISE for Pipelines™
 
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Risk and life management software for pipelines

  • pipeline risk audit enables inspection maintenance resources to be risk-focused

  • optimum inspection periods are formally obtained based on an implicit time dimension of risk

  • risk mitigation measures are signalled and selected to meet inspection frequency targets

  • highly user friendly inspection management tool in accordance with the new API RP 580

Industry is recognising that benefits may be gained from adopting formal risk-based approaches to pipeline integrity management through improved targeting and scheduling of inspection and maintenance effort.


RISKWISE for Pipelines™

  • assesses the likelihood and consequence of failure for pipeline segments and produces an itemised risk and remaining life profile for each pipeline or pipeline network

  • accepts output of pigging inspection and long range ultrasonic testing (UT) (e.g. Teletest®) reports

  • is convenient to use and can be easily learned as the risk model allows qualitative as well as quantitative input

  • includes a regular updated database with all relevant damage mechanisms, as well as guidance on formulating the likelihood and the consequence of failure

  • the focus/defocus module allows the user to mitigate the risk of loss or optimise the current inspection programme

  • identifies the high risk locations in each pipeline or pipeline network and allows inspection to be properly targeted

  • determines the risk of failure with time which provides a formal basis for assessing

  • remaining life and hence establishing the period between pipeline inspections

Benefits in brief

  • provides a user friendly approach to cost-effective life management of pipelines for oil, gas, chemicals or water transport
  • translates inspection data into pipeline risk and remaining life profiles for 'direct assessment'
  • facilitates the selection of optimum risk mitigation measures
  • English, Chinese, Japanese and Spanish language versions available

Key features

  • user friendly software, fully transparent - ensures buy-in by users
  • audit team approach - accommodates plant experience
  • interfaces with existing inspection data management systems
  • time-based risk auditing module - equipment ranked by risk and remaining life
  • inspection frequency based on formal reliability rules remaining life indicator (RLI) module
  • focus/defocus module - facilitates selection of optimum mitigation measures
  • screens high risk areas requiring fully quantitative probabilistic assessment
  • fully auditable output - acceptability to insurers/regulators

summary screen

Implementation approach

RISKWISE™ can be applied to all types of pipelines including those for oil, gas, chemicals or water transport. The following approach is normally adopted:
  1. customise and populate software to the specified pipeline or pipeline network
  2. install the software
  3. training in the implementation and functionality of the software
  4. back-up consultancy support as required.

RISKWISE™ output converted to remaining life distribution throughout a pipeline network

Equipment requirement

  • PC (stand-alone or networked) with MS-Windows operating system (NT 4.0, or higher)

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