Quick Enquiry


Optimising offshore installations inventory through data-driven solutions

Axess Engineer

We have initiated data mining from 300,000 offshore lifting equipment inspections recorded through our web-based interface, *Equipᵀᴹ, and the results were surprising.


The information covered a span of more than three years with a total of 345 assets worldwide, ranging from fixed installations, mobile offshore units and FPSO vessels.

One of the key analyses derived from the study was how the vast amount of inspection data could be an effective tool in optimising any offshore installations’ inventory. Read on to discover insights that will help you reap operational benefits from our historical inspection data.


Our data show that similar installations have huge differences in the amount of lifting equipment inventory, nevertheless, the in-depth analysis presented by affinity rigs could provide key knowledge that can predict future failure patterns.  By utilising historical data associated with inspection, repair and maintenance records of similar rigs, we can strategically advise what type of equipment would yield the best result, how much quantity is needed, how often the equipment needs replacement, or which types of gear have the least number of faults.

Our improvement reports, systematically categorised into organisation, technical and design, allow us to deliver higher precision analysis for future maintenance requirements of similar rigs.                        

Two offshore instalations comparison

Majority of the technical incidents we have gathered associated with lifting equipment are mechanical damage (38%) and corrosion (24%). Lifting equipment failure often results in costly down-time, and may cause disastrous impact in the rig’s operation on extreme cases.

By analyzing the similarities between incident reports in our database, we can optimise the time allotted for inspection and maintenance, allowing rig-owners to focus on the most important part of their operations. The information and evaluations provided in our report allow us to advise the most suitable equipment inventory that can yield maximum productivity on any offshore installation type.


In the upstream industry, it is very common for asset owners to hold too many items on their offshore assets, nevertheless, our data-driven solutions can optimise the costs associated with the purchase and subsequent maintenance of these equipment. E.g., assets with too much lifting equipment has a negative effect on the company’s annual inspection budget due to the excessive associated costs in maintaining, certifying and registering of potentially redundant equipment. Having an optimised procurement plan based on the information provided by Axess’ data mining, we can optimise our clients’ inventory, prevent expensive down-time and long lead times, allowing them to save time and costs in the long run.

Offshore rig equipment Inventory

Optimised equipment inventory plays a key role in ensuring the reliability and safety of newbuild offshore installations. Through our vast maintenance history on newbuilds, we have a competitive advantage in analyzing which maintenance activities are really needed, identify potential cause of failure and implement the lessons learned from the past. As a result of our experience and data capture, Axess are able to assist in creating the necessary maintenance schedules for various lifting equipment and machinery onboard such vessels, allowing a simplified and streamlined approach to tackling maintenance and inspection needs.


Overall, we strongly believe that the use of inspection data in optimising lifting equipment inventory can significantly reduce costs and time related to purchase, inspection and maintenance. Our goal is to focus inspection and maintenance where it is truly needed to facilitate efficient, cost-effective, sustainable and safe operations.


Disclaimer: The Lifting equipment inspection data is gathered from our database to give an informative presentation and should not be taken out of context. The use of the data must be approved by Axess Group. Contact us for more information.

*Equipᵀᴹ is a web-based system that our clients use to keep and demonstrate control of their offshore lifting equipment. Click here for more information about the software.


Contact Information

Axess AS
Oscar Hanssens vei 5
6415 Molde
+47 982 43 600
Axess AS
Kokstadflaten 35
5257 Bergen
(duty): +47 982 43 600
Axess AS
Travbaneveien 3
4031 Stavanger
(duty): +47 982 43 600
St. John's
Axess Baffin Inc.
702 Water Street, Suite 201
St. John's, Newfoundland
+1 709 758 7937
Axess North America Inc.
1400 Broadfield Suite 300
Houston Tx. 77084
+1 (281) 994-0367
Ciudad del Carmen
Axess Operations De Mexico S de RL de CV
Calle Bosque de Ciruelos 180 PP 101
Colonia Bosque De Las Lomas
CP 11700 Cuidad De Mexico
+52 938-152-7688
Axess North Sea Ltd.
Axess House,
Twin Spires Business Park,
Mugiemoss Road, Bucksburn,
Aberdeen, AB21 9NY
(duty): +44 (0) 78 5303 6111
Axess Guyana Inc.
2 Avenue of the Republic
Georgetown, Guyana
+592 222 2216
Rio de Janeiro
Axess do Brasil Ltda
Rua Dezenove de Fevereiro
171 - Botafogo
CEP 22280-030 Rio de Janeiro
+55 (21) 4108-0532
Axess Petrorig Ghana Limited
3rd floor, The Pelican
8 Blohum Street, Dzorwulu
Accra, Ghana
+233 (0) 30 397 0548
Axess Offshore Africa Ltd.
Edificio Joia Rara, 3º Andar 3.5/3.6,
Av. Revolução de Outubro No 8, Cassenda, Maianga
Luanda, Angola
+244 933 316 388
Cape Town
Axess Offshore Africa Ltd.
Office 106, 1st Floor, Block 2,
Northgate Park, Brooklyn
Cape Town, South Africa
+27 21 001 9540
Axess AS
Nedre Bakklandet 58C
7014 Trondheim
(duty): +47 982 43 600
Axess AS
Grønøraveien 1
7300 Orkanger
(duty): +47 478 37 300
Axess AS
Fridtjof Nansens plass 4
0160 Oslo
(duty): +47 982 43 600
Axess for Oil Services
3141 Anas Bin Malik, Al Malqa Dist.
Riyadh, Kingdom of Saudi Arabia
+966 59 427 0293
Axess Middle East DMCC
807 X2 Tower, X Cluster,
Jumeriah Lake Towers
Dubai, UAE
+971 4565 7913
Axess Offshore Korea LLC
22nd Floor KNN Tower, Centum-ro 30
2203-ho, Haeundae-gu
Busan, South Korea
+82 10 2696 2016
Axess AIM India Pvt. Ltd.
B2-701, 7th Floor,
Kanakia Boomerang,
Chandivali Farm Road
Andheri East, Mumbai- 400072
+91 22 4604 3533
Axess Offshore Pte Ltd
Nordic European Centre, #05-31 South Wing,
3 International Business Park
Singapore 609927
+65 6908 4174
Axess Offshore Australia Pty Ltd
304 Newcastle St
Perth WA 6000
+61 4 3373 0739