Asset Management

Creating the foundations for performance excellence

Implement a fully optimized asset management strategy to assure safety, enhance production and unlock business efficiencies.

From design through to operations, maintenance and decommissioning, Add Energy’s Asset Management Consultants can advise and implement a best-in-class asset management strategy to meet your business objectives in the most efficient and effective way possible.


Gain access to asset management solutions that are guaranteed to:

Protect your people, plant, and the environment

Protect your people, plant, and the environment

Through the implementation of a best-in-class asset management strategy, aligned to the international ISO 55000 standard to minimize your exposure to risk or incident

Minimize plant and equipment downtime

Minimize plant and equipment downtime

By exposing projected risk profiles, we integrate asset management tactics into your strategy to minimize equipment outage and plant downtime

Optimize capital and operational expenditure

Optimize capital and operational expenditure

Identify opportunities to save money by implementing proven operations and maintenance excellence techniques into your asset management strategy

Assure master data excellence and management of change

Assure master data excellence and management of change

Develop and maintain the master data quality, consistency and structure you need to run your plant effectively and make informed business decisions

How we can help across the lifecycle of an asset

Asset design

Asset design

  • Asset management strategy creation and advice
  • Maintenance philosophy creation
  • Master data governance creation
  • Safety integrity management assurance framework creation
  • CMMS/EAM or ERP review and selection
  • Repair and spare philosophy/decision criteria workshop facilitation and creation
  • Equipment criticality selection matrix and criteria creation
  • Operational readiness and assurance support
  • Reliability, Availability and Maintainability (RAM) Modelling
  • Safety Case development and alignment with operational status
Asset operations and maintenance

Asset operations and maintenance

  • 3rd party asset management strategy audit
  • Asset management strategy optimization
  • Safety integrity management assurance framework optimization
  • Maintenance philosophy review and optimization
  • Equipment maintenance strategy development and optimization
  • Master data build within the CMMS/EAM or ERP environment (asset register, criticality, maintenance and spares)
  • Work management process creation and optimization
  • Operations and maintenance management training
  • Asset management training
  • Inventory management optimization
  • Safety Case development and alignment with operational status
Asset acquisition and mergers

Asset acquisition and mergers

  • 3rd party asset management audit for valuation exercises
  • CMMS/EAM or ERP data migration and transformation (asset register, criticality, maintenance and spares)
  • Asset management strategy alignment
  • Equipment maintenance strategy development and optimization
  • Safety integrity management assurance framework optimization
  • Work management process review and optimization
  • Operations and maintenance management training
  • Asset management training
  • Inventory management optimization
  • Safety Case development and alignment with operational status
Asset life extension

Asset life extension

  • 3rd party asset life extension audit and implementation strategy advice
  • Equipment vulnerability analysis and advice
  • Equipment reliability and performance improvement analysis
  • Obsolescence identification and management
  • Safety integrity management assurance framework optimization
  • Inventory management optimization
  • Safety Case development and alignment with operational status
Decommissioning and disposal

Decommissioning and disposal

  • Development of a maintenance optimization roadmap for your decommissioning project
  • Identification and update safety critical maintenance, materials and inspection management tactics required throughout the decommissioning process
  • Removal, rationalization or update of maintenance work orders in the CMMS, EAM or ERP as equipment is taken offline
  • Identification of cost saving opportunities for key phases of your decommissioning project
  • Technical and legislative advice and guidance throughout the process
  • Recycle, reselling and disposal of spare parts and equipment
  • Safety Case development and alignment with operational status
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“Tapping into expert experience to identify the most logical, streamlined and efficient asset management tactics is key to creating a productive maintenance management regime.”

Asset Manager, Oil and Gas Operator, ASPAC

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Key contacts

Andrew Gardiner

Andrew Gardiner

Sales Manager

Asset and Integrity Management

Europe

Middle East

andrew.gardiner@addenergy.no

Susan Steyn

Susan Steyn

Vice President

The Americas

The Caribbean

Susan.steyn@addenergygroup.com

Afia McClenaghan

Afia McClenaghan

Business Development Manager

The Americas

afia.mcclenaghan@addenergy.no

Get in touch

If you'd like to learn more about our range of asset and integrity management services, or want to discuss your project with us, please get in touch by completing the form below...

Track record

Asset and Integrity Management Blog

How RFID technology can help rental companies achieve unrivalled customer service results

12 Oct 2021

How RFID technology can help rental companies achieve unrivalled customer service results

It is critical for equipment rental companies to track assets effectively and have full visibility of condition changes to manage high-value assets in the most efficient way possible. Having access to real-time insights relating to critical equipment in this manner is proven to help assure safe readiness for use, unlock operational efficiencies, and boost profitability.

Investing in international service energy leaders, why the time is now for the State of Kuwait

04 Oct 2021

Investing in international service energy leaders, why the time is now for the State of Kuwait

Kuwait is a leading fossil fuels exporter with rich oil reserves buried beneath the modulating landscapes and a growing demand for energy, which is expected to triple by 2030. To ensure these demands can be met and energy diversification in the region is achieved, Kuwait targets to increase the share of renewable energy generation to 15% by 2030.

Whilst existing onshore and offshore production facilities continue to produce significant amounts of oil, new fossil fuel exploration, and production projects are emerging and initiatives to reduce the countries carbon footprint are beginning to take shape, it is critical for operating companies to remain focused on safety and integrity of the facilities that are being operated, built, and designed.

How RFID tracking technology can elevate inpatient hospital care, enhance safety, and reduce costs

23 Aug 2021

How RFID tracking technology can elevate inpatient hospital care, enhance safety, and reduce costs

Hospitals are complex facilities where decisions often must be made in a time-sensitive, pressurized environment. Tracking the movement and whereabouts of patients, staff, pharmaceuticals and medical equipment can become a difficult task which can influence the health outcomes of patients, overall productivity, and efficiency of hospital procedures.

Harnessing proven training solutions to enhance skill and ability within your maintenance and reliability workforce

21 Jul 2021

Harnessing proven training solutions to enhance skill and ability within your maintenance and reliability workforce

Training is often one of the first budgets to be sacrificed during corporate cost-cutting initiatives, and although it will deliver immediate cost reduction results, a lack of investment in this area is proven to lead to increased risk and spend later on.

How to improve plant performance and profitability through a data-driven, corporate approach to maintenance management

24 Jun 2021

How to improve plant performance and profitability through a data-driven, corporate approach to maintenance management

Safe, efficient, and effective asset management is dependent on an optimized maintenance and integrity management regime, built using an optimized approach and the right tools to develop structured, and quality master data. 

A step-by-step guide to developing and enriching your Bill of Materials (BoMs)

21 Jun 2021

A step-by-step guide to developing and enriching your Bill of Materials (BoMs)

Accurate and reliable equipment and maintenance Bill of Materials (BoMs) are crucial for assuring the correct equipment, with the correct specifications are procured in a timely and cost effective manner. A highly functional BoM will include a comprehensive list of materials, components and instructions required to build, replace or maintain a piece of equipment. 

Achieving safety integrity assurance and performance excellence through a data-driven maintenance improvement project

14 Jun 2021

Achieving safety integrity assurance and performance excellence through a data-driven maintenance improvement project

A high performing plant is one that is safe, efficient, reliable, and profitable and there are many critical success factors that come into play when it comes to striving for excellence.

The top 4 barriers preventing your ability to achieve efficient warehouse management

02 Jun 2021

The top 4 barriers preventing your ability to achieve efficient warehouse management

Efficient and effective warehouse management relies on good quality and accurate data, fit for purpose processes and technology and a competent team. When any of these key success factors are compromised, a business is likely to experience:

  • Wasted expenditure
  • Time delays
  • Production deficits
  • Poor productivity