Incorporating Sustainability and Maintenance for Performance Assessment of Offshore Oil and Gas Platforms: A Perspective

Author:

Olugu Ezutah Udoncy,Wong Kuan Yew,Chung Ee Jonathan Yong,Mammedov Yslam D.ORCID

Abstract

The existence of external two-fold pressure regarding competitiveness and sustainable development in a capital-intensive industry supports the need for sustainable performance. However, endeavors to create a sustainable framework to measure the performance of the oil and gas (O&G) industry are mostly devoted to the production and supply chain of petrochemical products and rarely focus on a maintenance perspective. Motivated by such scarcity, the goal of this research was to discuss and articulate the performance assessment framework by integrating concepts of maintenance and sustainability in the O&G industry. This study proposed the use of a range of performance measures for assessing sustainability on offshore production and drilling platforms. The conceptual framework consists of four aspects of sustainability categorized into technical, environmental, social, and economic dimensions. Each measure was assigned according to its relevance at the strategic, tactical, and functional levels of maintenance decision making. The conceptual framework resulted in hierarchical clusters of twelve strategic indicators. These indicators consist of conventional measures as well as new ones relating to the safety and reliability on offshore platforms. The potential contribution of the present study is found in its intention to empower a better understanding of sustainable maintenance and encourage those making decisions about practical implementation within the O&G industry. This paper culminates with directions for future studies.

Funder

UCSI University through Pioneer Scientist Incentive Fund

Publisher

MDPI AG

Subject

Management, Monitoring, Policy and Law,Renewable Energy, Sustainability and the Environment,Geography, Planning and Development

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