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Six steps to managing the integrity of ageing assets

Discover how to develop and implement ageing mitigation plans and find out what the benefits are of a structured management program

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Mature assets account for more than 70 per cent of world production across a range of industries, which presents a number of significant challenges to reliability and production for oil and gas operators. Maintaining ageing equipment goes beyond basic maintenance, however, with a lack of maintenance records, sourcing spare parts, processes and knowledge transfer all affecting how effectively assets can be maintained and operated safely.

This white paper from Lloyd’s Register, a leading provider of professional services for engineering and technology, looks at how an asset management model can provide a structured, cost-effective way to operate and maintain high-risk, capital-intensive assets. It also offers advice for operators on identifying where to concentrate inspection, maintenance and core operational activities to extend the life of their assets.

Download this whitepaper to find out:

  • How to manage the challenges of ageing assets.
  • What the benefits of a structured management program are.
  • How to develop and implement ageing mitigation plans.
  • Why organizational factors can influence the ALE.
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