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

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

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

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

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 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

3^rd 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

3^rd 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

3^rd 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

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

“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

Afia McClenaghan

AIM Canada Regional Lead

The Americas

afia.mcclenaghan@addenergy.no

Peter Adam

ABL Group MD - Asset and Integrity Management

peter.adam@addenergy.no

Jennifer Bellacosa

AIM USA Regional Lead

The Americas

jennifer.bellacosa@addenergy.no

How can we help?

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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...

Case studies

Project Showcase

Strategic Asset Management and Operational Expenditure plan development

To develop a Strategic Asset Management Plan (SAMP) and Operational Expenditure (OPEX) plan that assures the financial and asset integrity of solar-based microgrids over their 25 year lifecycle.

Project Showcase

CMMS Build and BoM Development Project for a Major Oil and Gas Operator

A case study with the overall objective to develop a comprehensive asset register, implement optimized maintenance plans with Performance Standards for all maintainable equipment, and develop accurate and reliable BoM data in the CMMS

Project Showcase

CMMS Data Transition and Quality Assessment

A case study with the project goal to source a new “fit for purpose” CMMS and migrate all existing data to the new platform ensuring no impact on the client’s maintenance schedule

Project Showcase

FMEA development and facilitation for safety and production critical equipment using our proprietary Effio™ software

A case study with the project goal to develop preventative maintenance tasks for production and safety critical assets using Failure Modes Effects Analysis (FMEA) as a mechanism to identify the assets true criticality and the suitable maintenance required to mitigate known failures

View all

Asset and Integrity Management Blog

31 Jan 2023

Digitization and Digitalization: How to kickstart your Industry 4.0 journey

The terms ‘digitalization’, ‘digitization’ and ‘digital transformation’ are gaining more and more popularity as companies discover the benefits that come with automated processes and enhanced interfaces between people and data.

24 Jan 2023

What is asset integrity management?

An operating asset must perform efficiently, effectively and reliably in order to achieve a company’s objectives, and for asset-intensive industries, such as oil and gas, the process of asset integrity management is critical to ensuring this - helping to maximize production, reduce downtime, and ensure the safety of people and the environment.

From oil rigs and refineries, to power plants and pipelines, it has become more important than ever to ensure each component of an asset is continually performing correctly.

17 Jan 2023

Ask the Expert: How to level up your asset integrity, with Add Energy’s Senior Asset and Integrity Manager, Emeka Onuh

At Add Energy, we help our clients overcome their biggest challenges in asset and integrity management, drilling and well engineering, safety and risk, and decarbonization, which couldn’t be made possible without our driven team of industry experts.

In our ‘Ask the Experts’ series, we delve into the knowledge and insights of specialists across the company, asking them to share their most compelling advice, as well as the keys to success within their roles.

Based in Aberdeen, Emeka Onuh, our Senior Asset and Integrity Manager, has gained a deep understanding of the challenges within asset integrity management, and has been a valued member of the Add Energy team for over 14 years now.

In this interview, which forms part of our ‘Ask the Experts’ series, Emeka reflects on his many years of experience and shares his advice on how maintenance teams can overcome key challenges in asset integrity management, and what the future holds for this area of specialty…

15 Dec 2022

4 key phases of asset integrity management

The discipline of asset integrity management (AIM)focuses on ensuring assets operate safely and are suitably intact for what they are required to do. Essentially, this involves making sure that the integrity of each component of an asset is at its premium throughout its entire lifecycle.

20 Oct 2022

Ask the Expert: The importance of maintenance and reliability, with Add Energy’s Principal Consultant, Brian Smith

Based in the Calgary office, Brian Smith, Add Energy’s Principal Consultant of Maintenance and Reliability Engineering, has developed a rich understanding of the challenges maintenance teams face, as well as the keys to success.

06 Jul 2022

Planning and scheduling maintenance: the biggest challenges and how to solve them

Effective maintenance planning and scheduling is vitally important for every asset, because not only does it enable efficient work execution, it has a direct impact on production and safety targets as well as OPEX. Proactively planning and scheduling your maintenance can often seem impossible amid unexpected priority changes and urgent requests - or what many describe as “firefighting”.

07 Jun 2022

Downstream USA 2022: Connect with the maintenance and reliability community

Downstream USA unites leading innovators and decision makers as they identify, discuss, and map out future OPEX success opportunities. Add Energy’s North America team are very much looking forward to exhibiting at this year's event and connecting with the downstream and maintenance and reliability community.

30 May 2022

Why budget constraints shouldn’t put an end to training and development

During a time when budgets are being scrutinized and cut, we are forced to work smarter with fewer resources. Add Energy’s Country Manager and BD Manager for our Canada branch, Afia McClenaghan, has seen the effects that budget constraints have on companies, describing the current tone of the industry as “cautiously optimistic, but nevertheless still cautious”.

We asked our LinkedIn audience what they found to be the biggest challenge relating to training and competency assurance in their maintenance and reliability workforce, and these were the results: