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ASPIRE SIGNED

Assessment Strategy for Upstream Plant Inspection and Repair

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

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.

finalize fragmented hazardous over 1bn critical firm 2016 life manually reduces environments failures 62 oil assuring costing price offshore amounts 49 jobs revenue crude 170m accident midpoint time sound aspire 11 ageing vs 100m 15 prior drop status interpretation passed day oppose 50 first 24 profit environment companies hse ec technologies gross 2006 automates consuming 7m scheduling combines 4k 5m fatalities lives aspiretm expensive maintenance followed 2023 report roi assets concluded injuries standard commercial led containment reporting 2019 generate reported risky global sme schedules safety hazards extremely days 1980 gas gt mars lifespan operators grant integrity accounted 28 inspect economic society asset conductor planning industry forcing inspection data 20k replacement 183

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 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.	DE (STUTENSEE)	coordinator	588˙463.00
2	TWI LIMITED TWI LIMITED Organization address address: GRANTA PARK GREAT ABINGTON city: CAMBRIDGE postcode: CB21 6AL website: www.twi.co.uk contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	UK (CAMBRIDGE)	participant	576˙356.00
3	TRANSPORT SYSTEMS CATAPULT LIMITED TRANSPORT SYSTEMS CATAPULT LIMITED Organization address address: 170 Midsummer Boulevard city: Milton Keynes postcode: MK9 1BP 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.	UK (Milton Keynes)	participant	447˙181.00
4	ASSIST SOFTWARE SRL ASSIST SOFTWARE SRL Organization address address: STRADA TIPOGRAFIEI 1 city: SUCEAVA postcode: 720043 website: www.assist.ro contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	RO (SUCEAVA)	participant	348˙735.00
5	AINOOUCHAOU PLIROFORIKI AE AINOOUCHAOU PLIROFORIKI AE Organization address address: L KIPHISIAS 116 KAI DAVAKI 1 city: ATHINA postcode: 115 26 website: www.iknowhow.gr contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	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.