IBM Maximo for Oil & Gas

Helping chemical and petroleum companies achieve operational excellence 

Maximo for Oil and Gas is an industry solution, a part of broader Maximo family. 

Maximo for Oil Gas

Maximo for Oil and Gas enhances MAS with specialized features tailored for the chemical and petroleum sector, aimed at enhancing operational efficiency, promoting best practices, and fulfilling the distinct asset and service management needs of the industry. 

Who uses Maximo for Oil and Gas? 

Maximo for Oil and Gas is used in all segments of Oil and Gas industry. Maximo has customers in Upstream, Midstream and Downstream to cover all aspects from exploration and production to refining and petrochemical. 

Industry definitions: 

  • Upstream = exploration & production (get oil and gas out of the ground) 
  • Midstream = transportation of product (via pipelines, ships to refineries) 
  • Downstream = processing (refineries and petrochemical facilities)

Maximo helps you manage all oil & gas asset types 

  • Production Asset Management for managing drilling rigs / platforms, process plants, refineries, mining equipment… 
  • Linear Asset Management for managing pipeline transmission, mining railways, drag lines, access roads, pipe work in processing plants… 
  • Mobile Solutions for workers in the field supporting various work – inspections, operator rounds, safety risk assessments, work orders, and inventory management 
  • IT & OT Asset Management to support networks, servers, telephony and workstations, as well as kiosks, ticket machines and electronic signs 
  • Fleet Asset Management for mining fleet, railway, oil and gas field service fleets, secondary distribution of gas, diesel and other refined products 
  • Facilities Asset Management for managing storage facilities, distribution centers and retail stations – capital projects, buildings, real estate, leasing… 

Capabilities: 

  1. Incident Management: Addresses the continuous need for customers to improve operational performance by creating, reviewing, and analyzing incidents.  Includes Self Service Create and Review Incident capability.  A mobile Incident Reporter application is also available. Value Drivers: Financial – Reduce IT application cost, Process – Improve cross team collaboration. Visibility of safety. 
  2. Investigations Management: Supports identifying the root cause of problems arising from incidents that may be safety, environmental, or production related. Manages unresolved incidents and defects.  Designed to support both HSE and reliability related investigations.  Supports RCFA, FMECA 5 Whys and human factor analysis.  
    Value Drivers: Financial – Reduce IT application cost, Process – Improve cross team collaboration 
  3. Management of Change: Allows customers to support change management in a more robust way with multiple levels of reviews/approvals, authorization of change, pre and post start actions.   
    Value Drivers: Financial – Reduce IT application cost, Process – Improve cross team collaboration 
  4. Operator Logs: Electronic log used by shift operators for recording and qualifying events which occur during an individuals shift watch. Includes a loss reporting function. Value Drivers: Financial – Reduce IT application cost, Process – Improve cross team collaboration. 
  5. Regulatory Compliance: Identifies regulatory permit requirements within your organization and associate’s actions to these regulations to ensure compliance. Value Drivers: Financial – significantly reduces the costs associated with compliance. Process – Improve compliance, operate safely. 
  6. Permit to Work: A permit to work provides for the effective management of hazards in the work place. The permit to work is frequently used with one or more work orders. You can also generate a permit to work based on an existing work order or task. 
    Value Drivers:  Process – Operate safely. 

Benefits of IBM Maximo for Oil and Gas 

IBM Maximo for Oil and Gas builds on the strength and reliability of IBM Maximo Asset Management to deliver the critical capabilities that oil and gas companies need. 

  • Facilitates the seamless capture, dissemination, and institutionalization of organizational insights and wisdom. 
  • Supports standardization, convergence and collaboration to boost operational intelligence and achieve operational excellence 
  • Prioritize safety and maximize the reliability of your assets, all while implementing effective cost-control measures. 
  • Supports oil and gas best practices to enhance the productivity and efficiency of critical assets.   
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