Asset optimisation is a strategy emplyed by all major oil and gas companies and service providers aimed at maximising the output of all infrastructure. With a focus on creating the most value from minimal cost, all departments which deal with strategy and hardware now have a duty to strive for excellence within this area.
Distinct from asset integrity, which strives to extend lifespan, asset optimisation is intended to add value and to improve the base level of performance - even in new facilities.
Asset management may also include the management of documents, personnel, upgrades, technology integration, and studies on the performance of the plant.
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