Asset Management for Oil & Gas

Effective management of assets is vital. In Star software, the categories of assets managed and monitored include the rigs/units themselves, equipment on board and spare parts.

Managing the fleet of rigs/units includes long term planning of their operation according to contracts, shipyard projects, relocation etc. These planned and actual changes in operational mode can be defined for each unit/rig and visualized in the software solutions.

Some equipment circulate between locations on board and even between rigs/units and shore locations (warehouses). Tracking their whereabouts and their condition is important. Rental equipment can be tracked for location, usage, cost and return dates.

Star software has several functions embedded to avoid unnecessary purchase and storage of spare parts that exist somewhere in the fleet or in warehouses. When spare parts are needed users are notified about available items for internal transfer as a cost-saving alternative to buying.

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