Development Of An Optimal Planning And Maintenance System A Case Study Of Shell Petroleum Development Company Obigbo Node

Preventive and breakdown maintenance system for a gas compressor plant were analyzed and appraised using established maintenance tools. To determine this comparative cost benefit analysis of preventive and breakdown maintenance activities on Agbada gas compressor plant of the Shell Petroleum Development Company was carried out. The cost of achieving 20000 run hours overhaul preventive maintenance with some disused repaired parts was analyzed and compared with the cost of carrying out the same activity with all new parts. Comparative studies showed that carrying out preventive maintenance with repairable parts which were recovered in the as new state is more cost effective than using all new parts. A cost saving of 14.63 was achieved. The same trend was also observed when the cost benefit analysis was carried out in breakdown maintenance option. This again gave a cost savings of 7.51 when repaired disused parts were used. The results showed that the rate of return on investment if breakdown maintenance is adopted is 24 as compared to the rate of return 01 26 that was obtained when preventive maintenance system was used. An NPV of N6703491725.00 and N5371346424.00 were obtained for preventive maintenance and breakdown maintenance respectively. It is therefore observed that preventive maintenance system strategy presented a better NPV over breakdown maintenance.