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RISKWISE for Pipelines

RiskWISE® for Pipelines

Risk and life management software for pipelines

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.

  • 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
  • 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
  • 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

RISKWISE for Pipelines - Benefits in Brief

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

RISKWISE for Pipelines - Key Features
Summary screen

Implementation approach

RiskWISE for Tanks™ can be applied to all types of atmospheric storage tanks. The following approach is normally adopted:

  1. customise and populate software to the specified plant
  2. install the software
  3. training in the implementation and functionality of the software
  4. back-up consultancy support as required.

RISKWISE for Pipelines - Implementation Approach
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)

Brochure PDF Download
English Chinese Japanese