Increased Availability Risk-Based Maintenance ROV's Hydraulic System

In the contemporary landscape characterized by heightened competitive pressures, adept maintenance management assumes a pivotal and strategic role in cost mitigation and profit augmentation. This paper applies the risk-based maintenance (RBM) methodology to the hydraulic system of a remotely operated vehicle (ROV) owned by an oil and gas services company. To achieve this, it was necessary to gather information on the system failures, followed by determining the critical subsystems. By analyzing the frequency and severity of identified failures, a risk matrix could be constructed. Using the '5 Whys' technique, an analytical framework was used to uncover the root causes of the failures observed in the handlers and propellant subsystems. Subsequently, a risk matrix is formulated again after the implementation of the RBM and the mitigation measures adopted by the authors to elucidate the discernible impact of the maintenance methodology on improving the availability of the ROV and the incidence of failures outlined in the study.