Skip to main content

Predictive maintenance is becoming more crucial for oil and gas operations

Published by , Editorial Assistant
World Pipelines,

Predictive maintenance tools will become more widespread across critical infrastructure in the oil and gas industry over the next decade, says GlobalData. The leading data and analytics company notes that predictive maintenance tools offer oil and gas companies operational and financial fluidity through the use of technology.

Predictive maintenance is becoming more crucial for oil and gas operations

According to GlobalData’s report, ‘Predictive Maintenance in Oil and Gas Industry – Thematic Research’, predictive maintenance includes condition monitoring technologies that collect, store, and analyse structural and operational data of key equipment in the oil and gas industry. Through the analysis, actionable insights are derived concerning the health of the equipment to estimate its lifespan. This helps to schedule maintenance and equipment replacement exercises in a way that will have a minimum impact on oil and gas operations.

Maintenance strategies in the oil and gas industry have come a long way from their early days in the nineteenth century. They have evolved from a reactive to a preventive approach to ensure continuous operations along the supply chain. The economic urgencies and technological support available at that time have shaped these strategies and will continue to do so in the future.

Ravindra Puranik, Oil and Gas Analyst at GlobalData, comments: “Heavy machinery deployed at oil and gas facilities is expected to operate reliably and efficiently for several years. To ensure longevity, it is necessary to conduct maintenance tasks for keeping the equipment in the best working condition. Timely maintenance also helps prevent expensive repair works and unplanned production outages.”

Unplanned shutdowns due to equipment failure can incur immense cost penalties for oil and gas operators. The after-effects of equipment breaking down can be far-reaching, beyond just economic losses. For instance, the Norilsk diesel oil spill in Russia in May 2020 led to rivers in the vicinity being polluted with 17 500 t of diesel oil. Such incidents highlight the need for predictive maintenance in the energy sector.

Puranik continues: “Effective predictive maintenance strategies for oil and gas equipment rely on regular data gathering. This data is used to determine the state of disrepair, which is then used to assess the appropriate corrective measures required.”

Even though predictive maintenance as a proof of concept has been around for over two decades, technological advancements have presented a shot in the arm for its growing adoption in the oil and gas industry.

Puranik adds: “The emergence and rapid growth of innovative technologies, such as the Internet of Things (IoT), artificial intelligence (AI), augmented and virtual reality (AR/VR), big data and cloud computing have shaped recent maintenance strategies in the oil and gas industry.”



Read the latest issue of World Pipelines magazine for pipeline news, project stories, industry insight and technical articles.

World Pipelines’ March 2022 issue

The March issue includes a keynote report on pipelines in North America, along with technical articles on pipeline testing, data and digitalisation, and heavy equipment.

Read the article online at:

You might also like

CO2 systems, studies and solutions

Alessandro Terenzi, Giorgio Arcangeletti, Enrico Bonato, Elvira Aloigi, Lorenzo Maggiore, and Annalisa Di Felice, Saipem S.p.A., offer an overview of the challenges and opportunities for CO2 pipelines in the energy transition, drawing on offshore and onshore case studies.


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

Digitilisation news Trends and analysis