Poor predictability of capital projects and maintenance events (turnarounds) have a long history in the Oil & Gas industry. Owing to this reason the project and turnaround outcomes often characterized by excessive overages on both budget and schedule. Asset Performance Networks has developed a set of web-based tools and industry comparison benchmarking capabilities that ensure readiness is optimized, leading to a significant improvement in project and turnaround performance. The approach is quite intuitive—better prepared teams achieve better event outcomes, and this has been quantified by Asset Performance Networks.
Asset Performance Networks is the trusted leader for improving asset and operational performance in petroleum, chemical, and energy companies worldwide. They work with their client’s most critical assets—their people, processes, and production facilities—in order to help them achieve safe,
competitive, predictable outcomes on their high-risk events—namely capital projects and turnarounds. Since the incorporation of their company, they have prided themselves on providing actionable solutions that go beyond mere academic assessments. These solutions are a powerful hybrid of digital intelligence and data analytics expertise that together generate measurable results.
Their associates hail from a broad range of disciplines across Industry. They are internationally recognized leaders and experts in project management, turnaround management, operations, benchmarking, risk management, and more. Their expertise is supported by our licensable suite of cloud-based project and turnaround management tools. These tools allow organization leaders to see the status of projects and turnarounds at a glance, and provide the means for site teams to track progress and alignment.
Among these tools, NaviTrack stands out as an Industry standard. A cloud-based work process deployment tool, it is currently in use at over 30 companies and more than 200 refineries, chemical plants, gas plants, and offshore facilities across the globe. Their tools and processes are based on Industry best practices identified using the AP-Networks Turnaround Database, the AP-Networks Capital Project Database, and the AP-Networks Upstream Turnaround Database. These databases contain information from more than 3,000 projects and turn arounds from the exploration and production, refining, petrochemical, and chemical industries. Combined with the expertise of our associates, these databases are a powerful tool linking demonstrated practices with measurable outcomes.