ROANOKE, Va., March 29, 2016 /PRNewswire/ -- Meridium®, Inc. (www.meridium.com), the global leader in asset performance management (APM) software and services, today announced that Kebabangan Petroleum Operating Company (KPOC), Malaysia, a joint venture of PETRONAS Carigali Sdn. Bhd (CARIGALI), Shell Energy Asia Limited (SEAL) and ConocoPhillips Sabah Gas Ltd (CSGL), has implemented Meridium 's Enterprise APM, APM Health and APM Mechanical Integrity solutions.
The Meridium solution provides the ability to develop a risk priority for all static equipment, as well as to optimize the frequency of required asset inspections. Meridium, a SAP-Endorsed Business Solution, integrates with SAP to create a closed loop continuous improvement program, issuing inspection tasks and asset notifications, and providing a central repository for all baseline inspection results and for static equipment data. Meridium can also be used to store detailed inspection plans and other necessary information for regulatory requirements. Using scorecards in Meridium's Enterprise APM permits personnel to observe and analyze equipment history and performance, enabling them to make informed decisions faster.
Greg Horrell, Meridium Managing Director for Asia Pacific & South Africa, noted that "An integrated closed loop approach to asset management was required because of the need to merge the reliability strategies of the three companies. Because KPOC is an early adopter of an integrated asset management strategy in Southeast Asia, and further is comprised of personnel from the three partners, a unique reliability culture is expected to result. Only Meridium Enterprise APM can offer the capability to merge disparate data sources and asset management strategies."
Meridium is the global leader in asset performance management (APM) software and services for asset-intensive industries. Meridium increases the availability of assets, improves safety, optimizes cost and lowers risk for our global clients in more than 80 countries with more than 1,200 licensed sites around the world. Through our unique software developed in collaboration with our clients, we predict and prevent asset failures with intelligent asset strategies. Founded in 1993 and headquartered in Roanoke, VA (USA), with offices around the world, Meridium is the pioneer of APM and continues to drive innovation, leveraging the data from sensors, devices, systems and smart equipment to minimize unplanned events, incidents and downtime.
Jane Bailey, Meridium, Inc.
+1-540-344-9205, x-1170, firstname.lastname@example.org
Rachael Tucker InkHouse for Meridium
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SOURCE Meridium, Inc.