The Asset Integrity Management conference returns to Abu Dhabi after playing host to the region’s top integrity experts in the Middle East and around the world including Oman, Egypt, Aberdeen, Singapore, Houston, Canada and Stavanger to name a few.
Join 100+ asset integrity experts to learn how to develop cost optimization strategies and tackle ageing assets in a low oil price climate.
Life extension for ageing assets is moving firmly up the agenda for many oil and gas operators as the majority of assets are operated beyond originally intended design life. Some of the key factors driving this includes: low oil prices; technology advances; updated design standards and knowledge; need to manage risk and ensure safe operation; enhanced focus on safety; HPHT & sour environments and changes in reservoirs.
Research shows that there are 750 offshore fixed platforms and bridges in the Middle East region. Out of these, the United Arab Emirates (UAE) alone accounts for about 450 structures, where more than 70% of these being older than 25 years and some beyond 40 years.
With integrity managers and their engineers playing an active role in ensuring the operation of their existing infrastructure remains economical, safe and sustainable, developing cost optimization strategies for asset life extension and ageing assets is one of their key focus areas for 2016.
At the Asset Integrity Management Abu Dhabi conference, operators will address crucial integrity challenges such as the risk of running an ageing asset bearing in mind the “ageing” problem and secondly the low oil price. The event will focus on the potential to lengthen the operating life of oil & gas assets, platforms and their supporting infrastructure, to optimise efficiency and profitability, whilst ensuring regulatory compliance.