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Wednesday, May 30, 2012
News Making Money

PII Pipeline Solutions Introduces PVI Lite as Newest Member of PipeView Integrity Software

31/01/2012 03:55 (120 Day 11:04 minutes ago)

The FINANCIAL -- In 2011, Cramlington-based PII Pipeline Solutions introduced its PVI Lite software, the company’s newest addition to its family of PipeView Integrity software, a fully integrated software environment that enables pipeline operators to easily control and use data, perform advanced risk assessment and establish integrity management plans for their networks, according to General Electric Company.

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When dealing with inline inspection data, operators face several key issues to keep track of the volume of data generated, accurately compare one run to another and leverage ILI data to determine a pipeline’s fitness for service. Currently, operators typically use spreadsheet-based solutions, which are time consuming and prone to error, to perform these tasks.

The PVI Lite software provides the opportunity for real productivity gains for integrity teams by allowing operators to conduct consistent and accurate ILI integrity evaluations—including fitness for purpose assessments—using formulas based on proven industry best practices. This product is a “plug-and-play” solution that works directly from ILI files, with no data conversion, commissioning or implementation required.

Additionally, operators can use the PVI Lite software as a tool to catalogue and organize ILI and other data associated with a pipeline network. Operators also can use the software to assess the significance of ILI-reported features on the immediate and future integrity of the pipeline. The PVI Lite software can be used with data from a variety of vendors, including PII. Most importantly, the tools found in the software are the same as those used by PII’s internal integrity engineers.

The new software already has been adopted by operators in North America, Europe and Australia, particularly by those customers that need to conduct in-house integrity evaluations but do not want to invest in a GIS-based solution. The new product was developed to fill a gap in the market between software provided with ILI reports and comprehensive data management systems.

 

 

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Politics
Nikolic's first official trip will be to Brussels

25/05/2012 08:31 (5 Day 07:28 minutes ago)

The FINANCIAL -- Serbian president-elect Tomistlav Nikolic will make Brussels his first official visit after he takes office in the coming weeks, Slovak Foreign Minister Miroslav Lajcak told media Thursday.

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