PSM Upstream Solutions

Engineered asset management

Providing full life cycle of engineered asset management

Total asset management from project to in-storage preservation and decommissioning

PSM – Western Australia’s Trusted Energy and Resources Partner

We are a proudly Western Australian-owned company dedicated to providing specialised asset management services and solutions. Our commitment to excellence has made us the trusted partner of choice for industry leaders, including Woodside, Santos, Chevron, Beach Energy, Roy Hill, and Rio Tinto.

Our Services

Preservation

  • PSM provides engineered preservation for all types of equipment using proven methods, OEM recommendations and international standards.
  • Our solutions are engineered to prevent corrosion and damage, maintaining asset value, integrity, and safety/process assurance.

Cataloguing

  • Detailed digital records (certificates, documents, photos) increase efficiency of operations and save costs.
  • All assets are QR coded for streamlined assurance.

Packaging

  • PSM packaging protects assets during transport and preservation against damage and deterioration.
  • Preservation and Transportation Pods (PTPs) are engineered crates with a WLL (Working Load Limit).
  • PTPs are fabricated to the standards of the National Transport Commission (NTC), AS 1720.1 Timber Structures, and AS 2400.18 Desiccant in Packaging.
  • Compliance with load requirements ensures adherence to Chain of Responsibility (CoR) regulations.

Tooling and Offshore Services

  • PSM’s experienced team provides a reliable and efficient service for testing and flushing subsea equipment and tools.
  • We ensure assets are operating correctly and are free from contaminants, preventing costly failures and downtime.
  • Our comprehensive method statements include electrical testing, pressure testing, function testing, and flushing.
  • This testing meets industry standards and Client-specific requirements, ensuring confidence in the equipment’s performance and longevity.

Mobilisation and Demobilisation

  • Mob/Demob (Mobilisation/Demobilisation): Essential for the offshore environment to mitigate risk, enhance safety, and optimise costs.
  • Mobilisation: PSM ensures assets are recorded, inspected, tested, certified, and delivered on time and in full.
  • Demobilisation: Includes asset maintenance, preservation, and refurbishment to restore assets to a state of readiness.
  • PSM provides detailed reports on the returned condition, including recommendations for future deployment.

Decommissioning

  • PSM continuously improves methods for safe and efficient decommissioning activities.
  • We specialise in deenergising, depressurising, and decontaminating assets.
  • Core principles are repurpose, reduce, reuse, and recycle.
  • The goal is to minimise environmental footprint and contribute to a circular economy.

What Our Clients Say About Us

“Further to my previous email – well done on this PSM, once again proving the value of the service you provide.

Having found this fault in pre-mob checks we may be able to repair in time to mobilise; but if not, we have quarantined it so it can’t be installed in its degraded condition.

3hrs later & we already have a repair plan and the EFL scheduled for delivery to Raytech on Monday.”

Woodside, Principal Subsea Engineer

“Hi Shaheer

I hope this email finds you well. I would like to provide some commendable feedback based on our recent engagements. The level of professionalism and pride demonstrated by both you and your team has been outstanding. You have all gone the extra mile in helping me resolve urgent matters, provided a cost effective quality solution.

I really do appreciate the support provided to date and look forward to continuing our work together.

Thank you.

Woodside, Principal Mechanical Engineer I | FPSO”

“Hi Shaheer

Following up on our phone conversation today. I wanted to give credit to both Filip and CJ for their work thus far on the Enfield / Balnaves – McMahon Services project. Especially this last week. The project decontamination scope progress has been predominately due to their team work with another subcontractors, hard work in a harsh working environment and persistence to make the project a success.

Special mention to Filip, for his leadership and attention to detail which keeps us all free from harm. Also CJ for his willingness to support others and hard work ethics. Such a wonderful team. You should be very proud to have them.

Please pass on this note when they return to Perth. As they deserve a massive pat on the back.”

McMahon Supervisor, Enfield Decommissioning”

We are a company with a strong client focus, always ensuring your business needs are met. If you want to know more, please contact us for further discussions.