Wood delivers an AI maintenance solution for UK operators

MaintAI utilises existing client data to optimise mainte-nance backlog at pace and in turn reduce asset operat-ing costs by up to 20%. In the UK, 67 000 hours of maintenance backlog has been removed for one major operator, as well as a £270 million inventory saving across the client's assets.

An energy company in the UK is extending an existing maintAI contract with Wood to include additional offshore platforms following successful deployment at their on-shore hub, where maintAI has removed over 15 000 hours of maintenance work. The 2 year contract exten-sion will enable additional maintenance optimisation ac-tivity in tandem with planned shutdowns.

They are Wood’s first UK client to utilise the maintAI subscription model, which ensures that data is repeated-ly revised and revalidated throughout the project lifecycle to deliver accurate and enhanced information for im-proved decision making.

Similarly, Wood is utilising the technology to support a global operator deliver their maintenance improvement plans, optimising over 500 000 hours of maintenance across three North Sea assets as well as their onshore gas terminal. In addition, maintAI will help release ca-pacity to reduce current maintenance activity backlogs.

Ellis Renforth, President of Operations, EMEA at Wood said: “Today, asset owners are being challenged to sig-nificantly reduce their maintenance backlog, whilst im-proving production and lowering emissions.

“Wood’s maintAI solution can reduce annualised maintenance efforts by 30%, and operating costs by 20% at pace, assuring production reliability at the same time, a potential gamechanger against the current chal-lenging market backdrop.”

Read the article online at: https://www.oilfieldtechnology.com/digital-oilfield/14092023/wood-delivers-an-ai-maintenance-solution-for-uk-operators/