In today's competitive market, Asset Management (AM) is essential for all enterprises and especially for asset intensive industries like Liquefied Natural Gas (LNG) and Refining. Best AM practices would be the premier tools for customer satisfaction, budget control and a firm's edge over its competitors. In this paper, we present AM experiences and practices at Qatargas, a leading LNG company. The study first discusses the general asset management program, AM practices at the company, its significance and requirements. By utilizing AM practices, we have significantly improved our data quality, reduced loss production events and trips. We also identify the improvements to current AM practices in response to the challenges the company is facing. Lastly, it is discussed how the use of information technology can help in managing assets and their performance. Click here to download Asset Management Practices at Qatargas, excerpted from the Proceedings of the 1st Annual Gas Processing Symposium with the written permission of Elsevier B.V. Click here to view the complete content Proceedings of the 1st Annual Gas Processing Symposium offered by Elsevier B.V. For further detail or to purchase a copy, please call Elsevier Customer Service at 800-545-2522. Quote discount code 95798 to receive 20% off!
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