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3 signs that asset life extension is taking off in the Arabian Gulf

Lifecycle stage
Late-Life

3 SIGNS THAT SAY ASSET LIFE EXTENSION IS PLAYING A BIGGER ROLE

So what are the signs that the Middle East is taken its ageing assets seriously? Here are 3 recent news stories from the region that show life extension is now happening…

Pipeline upgrades

The UAE’s Abu Dhabi Marine Operating Company has recently launched various life extension projects as well as initiating structural integrity assessment of offshore facilities.

The assessment included assessing ageing wells and formulating plans to upgrade all ageing pipeline networks by 2030.

Asset performance review

The Al Khafji Joint Operations joint venture in the neutral zone between Kuwait and Saudi Arabia is now on course to implement a new asset performance programme. This scheme has been created to better manage existing facilities and look for the possibility of adding new assets where required.

Structural integrity assessments

Both Bunduq Oil Company in Abu Dhabi and DNV GL in Qatar are both working on structural integrity management systems for all of their ageing offshore facilities. A sign that the life extension ‘trend’ is not solely down to one country or one operator.

HOW CLAXTON CAN HELP

Claxton differs from other suppliers in that we offer a unique mix of drilling, structural, and well abandonment knowledge to provide an answer and solution to your asset life extension project.

In particular Claxton’s experience with conductor repair, integrity and recovery operations can open the door to extremely cost-effective routes to dealing with old conductors or repairing the jacket guide structures that house them.

Claxton has developed a range of equipment to meet various offshore challenges and complete these on time and on budget.

For more information on just a few examples of the many ways, Claxton can help you with your next asset life extension project, download our Platform Structural Asset Life Extension Buyers Guide by clicking here.

Photo Credit: Wikipedia

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