48% of Oil and Gas Operators Rate Their Asset Integrity Programme 5 or Less out of 10

LONDON, May 30, 2014 /PRNewswire/ --



Improving asset integrity has become a higher priority for the hydrocarbons industry in the wake of the recent Wood Report into maximising oil recovery in the North Sea.

Against this backdrop of increasing demands for energy, and declining productivity, the UKCS has spent an estimated £393bn on asset integrity measures in the last five years. However implementing a robust integrity strategy has some major barriers including change management, adhering to strict HSE standards, accurate inspection and maintenance planning, and the danger with mature assets

Oil & Gas IQ surveyed the asset integrity community to examine some of the most pressing issues in their line of work, and recently published an infographic of the results.

http://www.aimaberdeen.com/infographic

Highlights include:

   * Whether the Wood Report will have a positive impact on operations in the North Sea

   * The greatest challenge in the oil and gas industry today

   * Where they believe their company could improve on the most

   * How they rate their company's safety and asset integrity programmes

This infographic has been created by our editorial team ahead of the 9th Annual Asset Integrity Management Summit (15-17 September, Aberdeen), which will deliver case studies and key presentations from Apache, BP, EIPSS, National Grid, Saipem, Shell, Talisman Energy and  Total on these crucial topics.

Find the full program, event details and registration information at http://www.aimaberdeen.com/news, call +44(0)20-7036-1300 or email enquire@oilandgasiq.com.

Media contact: Nishkala Thiru, Marketing Manager, +44(0)20-7368-9725, Nishkala.Thiru@iqpc.co.uk or visit http://www.aimaberdeen.com/news.

Press are invited to attend this important industry forum, if you would like a complimentary press pass please email Nishkala Thiru at Nishkala.Thiru@iqpc.co.uk.