To gain a financial benefit, a “smart operator” views inspection as part of an overall strategy to maintain a safe pipeline. This paper shows how periodic internal inspections, followed by defect assessments using fitness-for-purpose criteria and selective repair, is the most cost
beneficial way of maintaining the safety of a pipeline. It is highlighted that it is important to use (i) genuine high resolution pigs for the inspection and (ii) expert fitness-for-purpose assessment. The cost savings on
the optimized future safe operating strategies for the pipeline offset the costs of the inspection and expert assessment.
Keywords: Pipelines, failure probability. monitoring, prioritization, intelligent pig, baseline inspection. fitness-for-purpose, high resolution, deterministic, probabilistic, repair.