Software helps operators with pipeline integrity management.

Press Release Summary:



Encompassing both data analysis and practical integrity management, Integrity Management System allows operators to manage all aspects of pipeline integrity process. Incorporated modules assess pipeline condition; determine risk; manage Web-based activity; and evaluate, create, and manage integrity plans. User-definable dashboards enable viewing of current/historic risk profiles, KPIs, and status of integrity plan activities. Program also supports operators during internal/regulatory audits.



Original Press Release:



GE Oil & Gas Unveils New PVi Integrity Management System to Help Operators Manage Pipelines



GE Offers New Enterprise-Level Integrity Management Software for Pipeline Industry

HOUSTON, TEXAS - December 18, 2008 - GE Oil & Gas' PII Pipeline Solutions is introducing Integrity Management System (IMS), a first-of-its-kind pipeline integrity management software system to help pipeline operators more effectively manage the integrity of their pipelines.

GE is launching IMS as part of PipeView(TM) Integrity, its rapidly expanding portfolio of integrated pipeline integrity management and engineering solutions and services to help the oil and gas industry comply with increasingly stringent integrity reporting and maintenance regulations.

By using IMS, operators can manage all aspects of their pipeline integrity process, from setting integrity goals to assessing pipeline conditions and risks to planning and tracking mitigation, assessment and maintenance activities.

Encompassing both data analysis and practical integrity management, IMS includes modules that can assess a pipeline's condition, determine risks, and evaluate, create and manage integrity plans. This includes determining appropriate mitigation activities and assigning mitigation and maintenance activities to the appropriate personnel, complete with notification and approval mechanisms.

User-definable dashboards enable viewing of the current and historic risk profiles, key performance indicators and the status of integrity plan activities.

The system also offers the required functionality to support the operator during internal and regulatory audits, including the ability to link procedural instructions and document the completion of activities.

"The PVi Integrity Management Suite is the pipeline industry's first software solution that truly integrates integrity management and integrity engineering into a single, seamless environment," said John Bucci, general manager for PII Pipeline Solutions, GE Oil & Gas. "It offers all the enhanced support tools needed to drive asset availability and empower the operator's staff to dramatically improve the way they manage their pipeline assets."

IMS can be tailored and adapted to an operator's existing integrity management process, giving the operator the ability to manage pipeline integrity as an integral part of its enterprise-level systems, including work management, financial and document-management systems.

As the latest generation of GE's PipeView Integrity software suite, IMS builds on GE's expertise in the pipeline integrity and data management arenas by delivering a solution specifically built to support the entire pipeline integrity management process, including completely redesigned Risk Assessment and Integrity Planning modules as well as a new Web-based Activity Manager module.

About GE's Oil & Gas business

GE Oil & Gas (www.ge.com/oilandgas) is a world leader in advanced technology equipment and services for all segments of the oil and gas industry, offering complete solutions for production, LNG, transportation, storage, refineries, and petrochemicals. It also provides pipeline integrity solutions including software and asset management. With its acquisition of VetcoGray and Hydril Pressure Control, GE Oil & Gas now offers additional products, systems and services for drilling, completion and production within onshore, offshore and subsea applications.

About GE

GE is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com. GE is Imagination at Work.

For more information contact:

Laure Brooks

e: laure.brooks@ge.com

Sara Hassett

GE Oil & Gas

t: +39 055 423 3361

e: sara.hassett@ge.com

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