Note that this standard has been updated and you will need to meet the requirements set out in API RP581 Risk-based Inspection Methodology.
You may need to comply with this standard if you intend to inspect pressurised fixed equipment.
This standard provides quantitative procedures to establish an inspection program using risk-based methods for pressurised fixed equipment including pressure vessel, piping, tankage, pressure relief devices (PRDs), and heat exchanger tube bundles.