Abstract or Introduction
This book is intended for practitioners and students in asset management, primarily those with technical backgrounds. It starts with why Root Cause Analysis (RCA) is essential in overall asset management, followed by a step-by-step guide to conducting an effective RCA that yields productive outcomes. Three consecutive chapters present genuine examples of RCA investigations conducted by the author on prominent incidents.
Gas supply disruption at a receiving facility in Jurong, Singapore: This unexpected shutdown incident received attention from the government of Singapore via its Energy Market Authority (EMA).
Turboexpander failure at a Liquified Natural Gas (LNG) plant offshore Darwin, Australia: The mechanical failure of a bearing during a turnover caused a production loss worth $14 million and an asset replacement cost of $1 million.
Electrical fire at an offshore Floating Production, Storage, Off-take (FPSO), South China Sea, Indonesia: Not only from a safety point of view, the incident had caused a significant gas sales loss worth $25 million as the FPSO acted as an export hub for other gas fields.
The last chapter concludes the book with an insight into improving asset management practices through RCA.
- Quote paper
- Andy Marjoko (Author), 2024, Mastering Root Cause Analysis (RCA). Real-World Examples and Strategies, Munich, GRIN Verlag, https://www.grin.com/document/1472836
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