Secures significant new asset management contracts in the Kingdom
John Crane, a global leader in mission-critical technologies and services for the energy and process industries, and a business of Smiths Group, has secured three recent asset management contracts with major petrochemical companies in Saudi Arabia.
This reinforces the company’s commitment to supporting industrial and energy growth in the Kingdom, in line with the Saudi Vision 2030.
The agreements represent a milestone for John Crane, which has now secured three major asset management contracts in the Kingdom of Saudi Arabia within the past year with a range of petrochemical customers.
The first project is divided into two main phases: an asset criticality assessment to identify the impact of potential asset failures on critical site equipment, and the development of a comprehensive maintenance strategy, with failure analysis, preventative and predictive maintenance technologies.
Four phases
The second project consists of four main phases: Establishing an asset registrar to manage and optimise assets; Conducting an asset criticality assessment to identify the impact of potential asset failures on-site equipment; Developing comprehensive maintenance strategies and preventive maintenance tasks; and optimising an existing plant to align it with a further plant under development, as part of expansion efforts.
The third project checks over 400,000 critical assets across six customer sites in Saudi Arabia to ensure regulatory compliance with industry safety, environmental and legal requirements.
“Our asset management solutions will enhance our customer’s operational efficiency and reliability, ensuring long-term success. Our expertise in predictive maintenance and asset management is key to supporting their success,” noted Hani Attia, General Manager, KSA and Bahrain, John Crane.
