Download Paper
"*" indicates required fields
Asset Risk Assessment – An Introduction
Integrity management involves consideration of several different components, such as pipeline design, operation, leak detection, and emergency response. When the focus of an integrity management system is inspection, it is known as ‘Risk-Based Inspection’ (RBI). Within RBI, there are a variety of different systems in use for conducting risk assessments of pipelines, and each methodology needs to be correctly applied to the profile of the operation. Penspen has developed an insight paper that outlines and evaluates the effectiveness of three different approaches to managing risks associated with assets – Ranking, Point Scoring, and Quantified.
Download the paper ‘Asset Risk Assessment – An Evaluation of Different Inspection Methodologies’ by filling out the form.
Related Insights
A New Landscape: Our People – Nick Molnar
Nick is a Senior Pipeline Integrity Engineer at Penspen. Since joining the team in November 2024 and relocating from Canada to Abu Dhabi, he’s been an integral part of Penspen’s Centre of...
Our People: Half a Century of Gas Maintenance
Three Penspen technicians - Alan, George, and Sean - have racked up more than 145 years' experience combined in the gas industry, so we caught up with them about what's changed in the decades they've...
Planning for Transporting Hydrogen in the Portuguese Gas Transmission System
How do you convert a national high-pressure gas network to hydrogen safely, efficiently, and in line with modern standards? Read our latest technical article in collaboration with REN-Gasodutos, S.A....
Reliability Centred Maintenance: Safeguarding Operations by Managing the Consequences of Failure
Maintenance is often viewed as a costly necessity, yet it is fundamental to ensuring that assets and systems continue to deliver their intended functions safely, reliably, and efficiently. In a...