The Equity Engineering Group (E2G) has announced the release of API RBI Version 10 and SagePlus™ software, delivering new capabilities and enhancements.
"The focus of this release goes beyond complying with the most recent updates to API RP 581 3rd Edition. It delivers enhancements that will allow users to make more informed decisions for their facilities," said David A. Osage, P.E. - President and CEO of E2G|The Equity Engineering Group, Inc.
E2G's API RBI Version 10 is fully compliant with all features of API RP 581, including the latest probability of failure methods; Level 1 and Level 2 consequence models, including the consideration of inventory groups; and inspection planning for all types of fixed equipment referenced in API RP 581. The E2G software incorporates inspection planning for pressure relief devices and heat exchanger tube bundles and integrates an advanced algorithm to optimize inspection plans based on risk reduction and cost. In addition, the ability to select the 2nd and 3rd Edition methods will allow users to evaluate which 3rd Edition risk calculation changes will have a major impact on the inspection plans for their equipment so that the migration of plant equipment to 3rdEdition compliance can be scheduled.