Reliability, availability and maintainability

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Value proposition

Wood is a company covering the whole value chain of EPCIC services for the offshore oil and gas market.

Wood performs RAM analysis as a service to evaluate robustness and criticality of a process, equipment or system. Through simulations the probability and consequence of failure is addressed and serves as a basis for a risk-based inspection regime. Findings from inspections are included in a model and time to next inspection is updated.