Inside NOVA Chemicals World Class Reliability Portfolio
Achieving reliable, predictable plant performance at the lowest sustainable cost

For NOVA Chemicals, the management of its physical assets is a business - one requiring a holistic business approach with results measured, and adjustments made, on a continuous basis. The company has reported substantial savings related to this business approach.

Asset Management Practices at Qatargas

By Abdel Kader Attou and Qadeer Ahmed, Qatargas Operating Company Limited, Ras Laffan, Qatar
In today's competitive market, Asset Management (AM) is essential for all enterprises and especially for asset intensive industries like Liquefied Natural Gas (LNG) and Refining. Best AM practices would be the premier tools for customer satisfaction, budget control and a firm's edge over its competitors. In this paper, we present AM experiences and practices at Qatargas, a leading LNG company.

How to Reap the Full Rewards of RCM and FMEA in Record Time

Reliability Centered Maintenance (RCM) and Failure Modes and Effect Analysis (FMEA) serve as powerful mechanisms for developing an in-depth understanding of equipment functions and failures, reducing business risk at the plant equipment and individual part and subassembly level.  Given their merits, why aren't RCM and FMEA used more rigorously?