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ASPIRE SIGNED

Assessment Strategy for Upstream Plant Inspection and Repair

Total Cost €

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EC-Contrib. €

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Partnership

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 ASPIRE project word cloud

Explore the words cloud of the ASPIRE project. It provides you a very rough idea of what is the project "ASPIRE" about.

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Project "ASPIRE" data sheet

The following table provides information about the project.

Coordinator
INNOSPECTION GERMANY GMBH 

Organization address
address: Helmholtzstrasse 14
city: STUTENSEE
postcode: D-76297
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Germany [DE]
 Project website http://www.aspire-analysis.com
 Total cost 2˙764˙706 €
 EC max contribution 2˙242˙355 € (81%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2. (PRIORITY 'Industrial leadership')
 Code Call H2020-FTIPilot-2016-1
 Funding Scheme IA
 Starting year 2017
 Duration (year-month-day) from 2017-05-01   to  2019-10-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    INNOSPECTION GERMANY GMBH DE (STUTENSEE) coordinator 588˙463.00
2    TWI LIMITED UK (CAMBRIDGE) participant 576˙356.00
3    TRANSPORT SYSTEMS CATAPULT LIMITED UK (Milton Keynes) participant 447˙181.00
4    ASSIST SOFTWARE SRL RO (SUCEAVA) participant 348˙735.00
5    AINOOUCHAOU PLIROFORIKI AE EL (ATHINA) participant 281˙618.00

Map

 Project objective

Over 50% global oil and gas is produced by offshore assets beyond midpoint of their design lives. 50% all asset failures related to technical integrity are due to ageing (MARS). Ageing assets therefore represent major hazards for offshore oil and gas personnel, the environment and the society. Europe accounted for 28% reported major accident loss of containment from 1980 to 2006, with 11 fatalities, 183 injuries & >€170M economic loss (HSE). The recent crude oil price drop is forcing oil and gas operators to increasingly focus on extending lifespan of existing offshore assets (above design life), as oppose to asset replacement. Assuring assets integrity and safety of personnel, environment & society also remains a top priority. 2016 oil and gas industry report concluded that new asset inspection technologies could generate €1bn p.a. for the sector. We timely propose to finalize a unique and first commercial system (ASPIRE) which combines & automates: asset inspection; inspection data analyses; and maintenance scheduling. The system will inspect & report maintenance schedules for critical assets (e.g. well conductor) within 1 day at cost of €4K. Current industry standard and state-of-the-art methods are fragmented: inspection companies generate large amounts of data manually, which is time-consuming (e.g. 5 days for well conductor), extremely risky (access hazardous environments without prior sound knowledge of asset status) and expensive. Inspection data is then passed to data analyses firm for interpretation/reporting (5 days), followed by maintenance planning (5 days), costing >€20K for the whole process for a 100m/24 well conductor. ASPIRE combines these 3 Steps in 1. It reduces inspection and maintenance scheduling time (1 day vs 15 days/well conductor) and cost (€4K vs >€20K). ASPIRETM will generate €49.5M revenue & €24.7M gross profit for SME-led consortium within 5 years (2019-2023),i.e. 10:1 ROI for EC grant, creating 62 new consortium jobs in the process.

 Deliverables

List of deliverables.
Support network finalised Other 2020-04-02 09:03:52
License agreements in place Websites, patent fillings, videos etc. 2020-04-02 09:03:31
ASPIRETM final value proposition Demonstrators, pilots, prototypes 2020-04-02 09:03:38
Product launch event Other 2020-04-02 09:03:59
Final promotion materials distributed to target audiences Websites, patent fillings, videos etc. 2020-04-02 09:03:46
Presentations at oil & gas industry conferences/events attended by over 500 participants Websites, patent fillings, videos etc. 2020-04-02 09:03:16
Distributor agreements in place Other 2020-04-02 09:03:24
Marketing materials capturing ASPIRETM software trials Websites, patent fillings, videos etc. 2019-09-02 11:39:46

Take a look to the deliverables list in detail:  detailed list of ASPIRE deliverables.

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The information about "ASPIRE" are provided by the European Opendata Portal: CORDIS opendata.

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