Drilling & Wells

RAM meaning in oil and gas

Definition

Reliability, Availability and Maintainability

RAM means Reliability, Availability and Maintainability. An independent risk analysis methodology, typically conducted by a qualified third party on new equipment selection and purchase including all appropriate…

An independent risk analysis methodology, typically conducted by a qualified third party on new equipment selection and purchase including all appropriate Operation and Maintenance equipment and spares for life-cycle serviceability.<p> Also see: WITNESS

✓ Verified term