Meridium Clinches APM Software & Services Deal from Malaysia's KPOC

Meridium, Inc., a U.S.-based provider of asset performance management (APM) software and services, reported Tuesday that it has clinched a contract from Malaysia's Kebabangan Petroleum Operating Company (KPOC), a joint venture of PETRONAS Carigali Sdn. Bhd, Shell Energy Asia Limited and ConocoPhillips Sabah Gas Ltd.

KPOC has implemented Meridium's Enterprise APM, APM Health and APM Mechanical Integrity solutions for its Kebabangan project, located offshore Sabah, Malaysia.

The firm's Meridium solution provides field operators with the ability to develop a risk priority for all static equipment, as well as to optimize the frequency of required asset inspections.

“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," Greg Horrell, Meridium managing director for Asia Pacific & South Africa, said in the press release Tuesday.

PETRONAS Carigali is the upstream division of Malaysia's national oil company Petroliam Nasional Berhad (PETRONAS).



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  NOPSEMA Seeks More Details on BP's Gre... (Sep 29)
 -  WFS Appoints IMEC as Agent in Malaysia... (Sep 29)
 -  MEO Australia Seeks Shareholder Approv... (Sep 28)
 -  Karoon Buys PEPC's 35% Stake in 4 Sant... (Sep 28)
 -  China's Wison Completes Test of World'... (Sep 28)


Most Popular Articles

From the Career Center
Jobs that may interest you
United States Odessa: Cementing Bulk Material Operator I
Expertise: Cementing
Location: Odessa, TX
 
United States Fairfield: Field Service Representative-MultiChem, Principal
Expertise: Field Service Tech
Location: Fairfield, TX
 
Customer Service / Contractor Supervisor Job
Expertise: Customer Service|Dispatcher|HVAC
Location: Saint Paul, MN
 
search for more jobs

Brent Crude Oil : $48.69/BBL 5.91%
Light Crude Oil : $47.05/BBL 5.32%
Natural Gas : $2.952/MMBtu 1.60%
Updated in last 24 hours