{"id":122127,"date":"2024-10-14T17:39:48","date_gmt":"2024-10-14T16:39:48","guid":{"rendered":"https:\/\/abl-group.com\/abl\/?page_id=122127"},"modified":"2026-03-16T13:13:07","modified_gmt":"2026-03-16T13:13:07","slug":"asset-life-extension","status":"publish","type":"page","link":"https:\/\/abl-group.com\/abl\/consulting-and-engineering\/asset-integrity-management\/asset-life-extension\/","title":{"rendered":"Asset Life Extension"},"content":{"rendered":"\n
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Asset Life Extension<\/h1>\n\n\n\n
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Home<\/a><\/span> \u00bb Consulting & Engineering<\/a><\/span> \u00bb Asset Integrity Management<\/a><\/span> \u00bb Asset Life Extension<\/span><\/span><\/div>\n\n\n
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Meet your operating life aspirations as our ageing asset management experts provide a full assessment of your aged assets, plant and systems to optimise your maintenance and inspection expenditure and highlight key ageing threats.<\/p>\n\n\n\n

What is an ageing asset?<\/h2>\n\n\n\n

An ageing plant has typically been operating beyond its initial design life and is likely to have gone through significant changes, ranging from modifications to expansions and design changes.<\/p>\n\n\n\n

As assets age, several challenges usually arise, such as the loss of asset-specific knowledge and skills, over or under-maintained equipment and the general degradation of asset infrastructure and the plant.<\/p>\n\n\n\n

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Contact us to get started<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n
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\"David<\/a><\/div>
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David Heavey<\/a><\/h3>
Regional Director, Asset Integrity Management<\/div>
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Challenges facing ageing assets<\/h2>\n\n\n\n
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Loss of knowledge and skills due to the ageing workforce or turnover<\/p>\n<\/div>\n\n\n\n

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Over or under-maintained equipment, leading to inefficiencies or increased risks<\/p>\n<\/div>\n\n\n\n

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Difficulties in purchasing spare parts, as older components may no longer be available<\/p>\n<\/div>\n\n\n\n

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Challenges in obtaining support or technical knowledge from Original Equipment Manufacturers (OEMs), especially when they no longer produce the equipment<\/p>\n<\/div>\n<\/div>\n\n\n\n

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Changes in operating or process conditions that can lead to new corrosion and erosion threats<\/p>\n<\/div>\n\n\n\n

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Growth in anomalies or the need for temporary repairs, which can become more frequent over time<\/p>\n<\/div>\n\n\n\n

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General degradation of asset infrastructure and plant, leading to increased maintenance and potential safety risks<\/p>\n<\/div>\n\n\n\n

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Increased operational costs due to the cumulative impact of ageing assets and the associated challenges<\/p>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n

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Our ageing asset management solutions<\/h2>\n\n\n\n
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Comprehensive structural analysis<\/h3>\n\n\n\n

Conduct in-depth structural assessments of fixed and floating facilities, including cathodic protection evaluations, to ensure continued safety and compliance with class requirements.<\/p>\n<\/div>\n\n\n\n

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Integrity strategy review<\/h3>\n\n\n\n

Evaluate and optimise your integrity strategy, addressing plant corrosion, erosion, and degradation threats with tailored mitigation plans to extend asset life and enhance operational safety.<\/p>\n<\/div>\n\n\n\n

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Obsolescence management services<\/h2>\n\n\n\n

Proactively address obsolescence issues related to spares, software, and OEM\/service suppliers, ensuring your assets remain operational and supported as they age.<\/p>\n<\/div>\n<\/div>\n\n\n\n

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Material and spares management<\/a><\/h3>\n\n\n\n

Optimise material and spare management processes to ensure critical components are available when needed, minimising downtime and reducing unnecessary inventory costs.<\/p>\n<\/div>\n\n\n\n

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Maintenance strategy review<\/a><\/h3>\n\n\n\n

Refine your maintenance strategy with a focus on regulatory compliance, safety, production efficiency, and environmental protection, ensuring optimal asset performance.<\/p>\n<\/div>\n\n\n\n

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Training and competence<\/a><\/h2>\n\n\n\n

Enhance your team\u2019s expertise with targeted training modules, ensuring that your workforce has the skills and knowledge needed to manage assets effectively.<\/p>\n<\/div>\n<\/div>\n\n\n\n

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How our solutions benefit ageing assets<\/h2>\n\n\n\n
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Extend asset life and ensure compliance by working with class
authorities and regulators<\/p>\n<\/div>\n\n\n\n

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Identify and address Single Points of Failure to enhance operational
resilience<\/p>\n<\/div>\n\n\n\n

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Cut maintenance costs by reducing over-maintenance without sacrificing
safety<\/p>\n<\/div>\n\n\n\n

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Scale back maintenance and inspections as operations
wind down, lowering costs while staying compliant<\/p>\n<\/div>\n\n\n\n

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Reduce storage and preservation expenses by optimising
spare parts inventory<\/p>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n

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Asset life extension case studies and blogs<\/h2>\n\n\n
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Asset Vulnerability and Life Extension Study<\/a><\/h3>

Challenge faced by the client The operators existing crane had…<\/p>\n<\/div>

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Overcoming\u00a0common challenges associated with aging\u00a0plants<\/a><\/h3>

An aging\u00a0plant is one that has typically been operating over…<\/p>\n<\/div>

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Technical Integrity and Asset Lifetime Extension Assessment<\/a><\/h3>

The challenge To develop a measurement tool that that aggregates…<\/p>\n<\/div>

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The 2023 Global Maintenance Manager Report<\/h2>\n\n\n\n

Produced by our Asset & Integrity Management specialists, this report features survey responses from hundreds of maintenance professionals from around the world as well as analysis and tips from industry experts.<\/p>\n\n\n\n

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Download the report<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n
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Get in touch<\/p>\n\n\n\n

By filling in the form below, you can speak to one of our experts to learn more about our solutions, request a quote or book a software demonstration. <\/p>\n\n\n\n

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