Sustaining world class company performance by implementing Asset integrity management system (AIMS) in PT. Chevron pacific Indonesia

Purpose - This paper is a note of success story of implementation of Asset Integrity Management System in PT. Chevron Pacific Indonesia Design/Methodology/Approach - PT. Chevron Pacific Indonesia (PT. CPI) is subsidiary of Chevron Corporation, 2nd world largest Oil & Gas Company. To support its operation, a major number of equipment and facilities have been operating. After more than 30 years of operation, nowadays PT. CPI was entering mature phase of operation. Risk to keep operating the equipment and facility is growing up rapidly.The risk can affect to worker, environment, company’s reputation and profit, etc. Realized that condition, managing the integrity of these aging assets have become a critical attention to lower the risk.Starting in 2007, Chevron Corporate introduces an initiative called Asset Integrity Management System (AIMS) a part of Surface Equipment Reliability & Integrity Program (SERIP).Adopting a well-known “Swiss Cheese” concept, PT. CPI had been working to strengthen the all four basic safeguards concepts to prevent realisation of risk/hazard. Those four concepts are: 1. Prevent,2. Detect, 3.Control 4. Mitigate In the early days, most of the efforts still focused on mitigation or curative action to battle common integrity’s enemies such as corrosions, erosions and mechanical failures.Recently, after few years of journey, the efforts slowly shifting from curative to preventive action along with latest rapid outgrowth of technology in the inspection/detection.Findings - Historical data record shows that by consistenly implementing AIMS Chevron succesfully reduced incident (oil spill) caused by integrity problems (corrosions, erosions and mechanical failures) from 212 events in early 2003 to be 14 events in late 2013.Implementation of AIMS have truly assisted PT. CPI to sustain world class company.Research limitations / implications: Future research could consider benchmarking to other oil & gas companies and may cover a wider range of industry types. Original/Value – This paper presents an original and novel approach of Asset Integrity Management System (AIMS) to manage integrity of asset in Indonesia’s biggest oil & gas company PT. Chevron Pacific Indonesia