Fulkrum’s RBI methodology delivers a rigorous, systematic approach to managing pressure system integrity through qualitative, semi-quantitative and quantitative risk assessment, based on API 580/581 and best industry practices. Our strategy enables asset owners to target inspections where risk is highest, maximising resources while ensuring safety, reliability, and compliance.
Comprehensive Risk Analysis
- Evaluate both the Probability of Failure (PoF) and the Consequence of Failure (CoF) across your equipment and piping systems as per client specific methodology.
- Use risk matrices and risk-ranking techniques to prioritise integrity management activities.
- Identify and model key degradation mechanisms, including corrosion, cracking, and mechanical damage as per API 571 and best industry practice.
Dynamic Risk Management
- Continuously update risk assessments and inspection frequencies based on operational changes, inspection findings, and degradation trends.
- Decision-making with robust data that informs plant availability, safety, and maintenance costs.
- Employ advanced software tools or in-house assessment sheets for accurate risk modelling and corrosion loop management. Our teams are experienced in all software models and can use in house client specific software too.
Benefits for Your Operations
Risk-Optimised Inspection Planning
- Develop tailored inspection plans focused on critical equipment and high-risk components.
- Optimise inspection intervals and methods by integrating operational parameters, historical data, and condition monitoring.
- Written Schemes of Examination (WSE) development compliant with regulatory / client requirements.
Fulkrum RBI Benefits
- Minimized Operational Risk: Reduce personnel exposure during turnarounds through well-planned inspection campaigns.
- Extended Asset Life: Prolong equipment serviceability by early identification and mitigation of credible degradation mechanisms.
- Enhanced Inspection Efficiency: Focused inspection scope lowers operational downtime and inspection costs.
- Robust Decision Support: Data-driven insights, proactive maintenance and risk mitigation strategies.
- Regulatory Compliance: RBI solutions deliver thorough documentation and auditable compliance.
Project Experience & Proven Results
With extensive global experience in the petrochemical and oil & gas sectors, Fulkrum’s Integrity team members have successfully delivered:
- Multi-site RBI assessments, integrity programs, and WSE developments for leading operators globally.
- Corrosion loop creation, inventory grouping, inspection scope optimisation, and remaining life assessments, as well as onsite inspections from our Plant Inspection team.
- Measurable cost savings exceeding $1M+ per project through advanced inspection strategies and maintenance optimisation.
Fulkrum’s Expertise
Our multidisciplinary team includes Mechanical, Corrosion, Materials, Inspection, and Reliability Engineers with deep expertise in Asset Integrity Management and RBI. Leveraging industry best practices and advanced software, Fulkrum delivers tailored RBI solutions ensuring your assets operate safely and efficiently.