Through software and engineering consultancy, at Asset55 we enable our clients to improve safety and asset integrity, reduce costs, and increase productivity.
Asset55’s combination of Oil & Gas Subject Matter Experts and Software Engineers have created high value software solutions to enable our clients in both delivering and assuring the projects of the future. Within Construction Solutions, we empower our clients through visualisation, advanced analytics and the completions enablement process, delivered with underpinning technical consultancy, engineering services and governance. Across Flange Management, we deliver joint integrity software combined with technical consultancy and authority. Through knowledge, understanding, consultation and market leading software solutions, we’ve developed a global reputation within the Oil & Gas Industry.
We help our clients optimise bolted joint integrity management and reduce costs for both new builds and ageing assets. Our joint integrity software provides an integrated suite of software tools and databases that enables effective management of mechanical connections and compliments our specialist consultancy, training and technical support services.
Through 'high return' completions enablement and model enrichment, our software creates the opportunity to improve safety outcomes, ensure quality is built in, and project schedules are reduced. Using mobile deployment, inclusive systems and a connected footprint, Asset55 has broadened the technology community within our clients' operations, expanding efficiency, productivity and safety gains to previously unachievable levels.
AmecFosterWheeler (laterally Worley Parsons) contracted Asset55 to provide flange management services on the Glen Lyon FPSO, from sail-away from Korea, through FPC in Norway, to hook-up & commissioning in UK North Sea. The iQ system was used to provide calculations and a record of documentation for over 40,000 flanges. In addition, Asset55 operated as the technical authority for the project. This included providing specialised technical support and training of personnel. Additionally, Asset55 provided full model enrichment to the project. QUAD204 successfully achieved first oil in May 2017.
The Asset55 iQ flange management system is currently being used by BHGE to provide independent flange management support on the Culzean project during hook-up in UK North Sea. The scope equates to around 20,000 joints, which have all been calculated to the Maersk standard Pro-160. This was written by Asset55 in line with industry best practice.
Asset55 has a global agreement to provide HYTORC employees and clients with access to our iQ flange management system. iQ ensures that users of the HYTORC range gain expert independent advice in line with the latest industry best practice. Our software also helps them to utilise HYTORC tools in the most effective way, reducing the risk of leakage and component damage.
Asset55 provides support for hundreds of Team technicians globally. As part of their operational process, all technicians review bolt-load calculations in the iQ system before executing any flange tightening scopes. This allows them to make instant and safe engineering decisions in the field. In doing so, they are ensuring that all work is carried out to the latest industry best practice, helping their clients to reduce the risk of product leakage and costly damage to components.
We are a technology company with innovation at our very core. The genesis of all our innovation is founded within the industry and our understanding of developing market needs. From flange management solutions and bolted joint integrity to high return completions enablement and model enrichment, our mission critical software creates the opportunity to improve safety outcomes, ensure quality is built and project schedules are reduced.