Global Learning for Operational Leaders
Classroom
14 sessions
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Online / Live
14 sessions
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Introduction
Course overview
Oil and gas companies manage portfolios of high-value, ageing assets in demanding environments. Systematic asset management helps maximise value, control risk and extend asset life.
This Aractech course explains asset management principles and standards, asset strategies, criticality assessment, maintenance optimisation, reliability engineering tools, integrity management, life extension, and performance measurement for oil and gas assets. Participants develop an asset management improvement plan.
The course connects technical reliability practices with business decision-making.
What you will achieve
Learning objectives
- Apply asset management principles to oil and gas assets
- Assess asset criticality and risk
- Develop asset and maintenance strategies
- Use reliability tools to reduce failures
- Plan life extension and investment
- Measure asset performance and value
Who should attend
Target audience
- Asset managers
- Reliability and maintenance engineers
- Integrity engineers
- Operations managers
- Planning and finance staff
- Technical directors
Methodology
Learning approach
- Framework presentations
- Case studies
- Criticality workshops
- Reliability exercises
- Improvement planning
Complete course outline
Five focused days of learning and application
The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.
Day 1
Asset Management Principles
- Asset management concepts
- Standards and frameworks
- Value and risk
- Organisation and roles
- Coffee break
- Organisation and roles (continued)
- Maturity
- Exercise: Maturity assessment
Day 2
Criticality and Strategy
- Criticality assessment
- Asset strategies
- Maintenance strategies
- Spares strategy
- Coffee break
- Spares strategy (continued)
- Decision-making
- Workshop: Criticality analysis
Day 3
Reliability Engineering
- Failure modes and patterns
- RCM concepts
- Reliability data
- Bad actors
- Coffee break
- Bad actors (continued)
- Root cause analysis
- Exercise: Reliability analysis
Day 4
Integrity and Life Extension
- Integrity management
- Ageing assets
- Life extension
- Investment planning
- Coffee break
- Investment planning (continued)
- Obsolescence
- Case study: Life extension decision
Day 5
Performance and Improvement
- KPIs
- Cost and value
- Digital tools
- Coffee break
- Digital tools (continued)
- Continuous improvement
- Culture
- Capstone: Asset management plan
FAQ
Frequently asked questions
What does Asset Management and Reliability in Oil and Gas (OG-067) cover?
This course covers Oil and Gas through a structured five-day outline focused on practical application, discussion, and implementation planning.
When is the next available session?
The next scheduled session starts on 16 - 20 November 2026. See the course schedules section for the available dates and delivery formats.
Who should attend this course?
Asset managers, Reliability and maintenance engineers, Integrity engineers
Is bilingual course delivery available?
Yes. All course materials and presentations are provided in English, while bilingual explanation and discussion support may be available depending on the selected location and trainer availability. For example, when attending a course in Istanbul, you may request a Turkish-speaking trainer to explain the English course content in Turkish. Arabic explanation support may also be requested at this location. Other languages are available in selected cities. You can choose your preferred language support as an optional preference during registration.
How can I register for a session?
Use any Register button next to the available course dates to open the participant registration page and submit your booking request for the selected session.
Is this course available online as well as classroom-based?
Check the course schedules section for currently published classroom and Online / Live sessions.
Where are classroom sessions delivered?
Current classroom venues include Istanbul, Vienna, London, Munich, Amsterdam, Rome.
How long is the training programme?
The programme runs for five days from 09:00 to 14:00, which gives 25 contact hours, including a daily 30-minute break (22.5 hours of instruction).
Quick request
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Choose an available date and venue, add your participants, and we will email a formal quotation for Asset Management and Reliability in Oil and Gas to your business address.