Oil & Gas IQ Glossary: Asset Management System (AES)

The upstream oil and gas industry is cyclically faced with low oil prices and high operating costs, with the growing challenge of ageing assets and increasingly complex infrastructure.

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Today, oil and gas companies are deploying new technologies that promise greater efficiencies, and management is putting pressure on engineering and maintenance to reduce budget, labor, and operating...

In John Woodhouse’s continuing series on the science of asset management, he identifies why a system to manage assets is so detrimentally-confused with a simple maintenance program  On...

IT has become the backbone of most modern enterprise, facilitating the entire business journey. In this article, John Woodhouse illustrates four areas in which IT can be a key enabler for asset-heavy...

In the third part of John Woodhouse's series on asset management, we find out how a change of mindset is a crucial component in the journey towards business excellence Asset management can make a sign...

In the second part of John Woodhouse's series on the asset management approach to the hazardous industries, he outlines the duality necessary to get the best out of this methodology   &nbs...

In this first part of John Woodhouse's walk-through of the benefits of asset management, we take a look at four separate issues that could be solved by this emerging science.CEOs are the agenda se...

As long as humanity produces and refines oil, we’ll need assets to do it. Asset management is one of the most crucial processes that a company has to undertake and is a successful framework harder to...

Maintaining productivity and safety standards in the face of declining prices and profits is a challenge for oil and gas companies.

When an organisation experiences decline in prices and profits, cutting costs and expenses becomes a higher priority.

In this week’s blog, we’ve asked Ovum’s Warren Wilson to comment on the current oil & gas industry and to add perspective to EMC-sponsored regarding asset and asset information management.