1. Introduction to Asset Management in Oil & Gas

• Definition and objectives of asset management

• Importance of maximizing asset performance, reliability, and lifecycle value

• Overview of ISO 55000 Asset Management Framework

2. Asset Lifecycle Management

• Stages: design, build, operate, maintain, and decommission

• Lifecycle costing and value optimization

• Integrating asset management with project planning

3. Asset Integrity and Reliability

• Ensuring safety, reliability, and regulatory compliance

• Key elements: inspection, maintenance, and monitoring

• Managing corrosion, fatigue, and equipment degradation

4. Maintenance Strategies and Best Practices

• Reactive, preventive, predictive, and reliability-centered maintenance (RCM)

• Use of CMMS (Computerized Maintenance Management Systems)

• Maintenance planning and scheduling optimization

5. Operations Optimization Principles

• Key performance indicators (KPIs) for operational excellence

• Minimizing downtime and maximizing throughput

• Process optimization using data and performance analytics

6. Digital Transformation in Asset Management

• Role of IoT, AI, and data analytics in monitoring performance

• Digital twins and predictive maintenance systems

• Automation and real-time decision-making

7. Asset Performance Management (APM)

• Integrating asset data for informed decisions

• Risk-based maintenance and asset prioritization

• Measuring and improving overall equipment effectiveness (OEE)

8. Energy Efficiency and Cost Optimization

• Energy management in production and processing facilities

• Techniques to reduce energy intensity and emissions

• Economic evaluation of efficiency initiatives

9. Risk and Reliability Analysis

• Tools: FMEA, RBI, RAM analysis

• Linking reliability to safety and cost control

• Balancing asset risk with business performance

10. Human and Organizational Factors

• Building a reliability-driven culture

• Competency management and workforce engagement

• Change management during asset improvement programs

11. Sustainability and Environmental Considerations

• Decommissioning and asset retirement planning

• Environmental performance monitoring

• Aligning asset management with ESG goals

12. Module Summary and Workshop

• Recap of key asset management and optimization concepts

• Case study discussion on improving asset reliability

• Q&A and reflection