The Oil and Gas Asset Management Revolution

The Oil & Gas industry is facing four critical challenges: reducing costs, improving performance, addressing sustainability requirements, and integrating geopolitical risk. ​

The industry is vulnerable due to aging infrastructure, reactive maintenance, downtime, and asset underutilization. ​

Enterprise asset management (EAM) and asset performance management (APM) are game-changers for the industry, addressing these challenges and delivering key outcomes such as asset utilization and optimization, cost optimization, ESG compliance, and digital operations. ​

Predictive maintenance provides cost reduction, efficiency, and safety benefits for oil & gas companies. ​

Implementing HxGN EAM puts the industry on the path to asset management excellence and sustainability, aligning with ISO 55000 best practices and addressing public perception and regulatory concerns. ​