Asset integrity and their management systems
These are critical to the safe and smooth operations of oil and gas facilities and installations, from oil fields and offshore platforms to pipelines and refineries. Keeping this in mind, the Asset Integrity (AIMCS), scheduled to take place in Rixos marina Abu Dhabi, 2023, will play host to leading influencers and decision makers in the field, sharing insights and best practices on how to effectively manage their assets to deliver value, as well as showcasing the latest technological advancements, innovative solutions to tackle current and future challenges on major incidents causing safety, environmental, and fiscal risks.
AIMCS 2023 Overview
Asset Integrity is crucial for all industries, including the Oil and Gas, Petrochemical, Nuclear and Energy sector to ensure the reliability of operations and the safe delivery of production targets. Although Asset Integrity rarely makes headlines, except in cases of catastrophic failures, this is an integral part of all operations of the energy industry and no operation can run smoothly without ensuring the health and safety of the people and the reliability and safety of the energy supply. The management of which ensures reliability and safety, reduces potential risks, optimises productivity, production, and downtime, and meets the relevant safety and operational requirements. The Gulf Cooperation Council (GCC) consisting of Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Bahrain, and Oman has one of the highest proven reserves of both oil and natural gas worldwide. Fortune Business Insights states that Asset integrity for oil fields alone could be worth USD 22.87 Billion by 2027. In addition, the expected exponential rise of renewable energy sources and wind and solar installations will also drive the asset management market in the energy sector