Asset management firm signs £3million three-year North Sea contract

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John Crane Asset Management Solutions has secured a three-year £3million contract to provide condition based maintenance services with a major operator in the UK North Sea.

The work covers rotating equipment across 12 assets and infrastructure sites and includes deployment of a specialist engineer to the operator’s UK offices to support reliability improvement.

The agreement, which follows a competitive re-tender, extends the contract which John Crane Asset Management Solutions has held for the past eight years.

In October 2015, John Crane announced it had acquired XPD8 Solutions, an Aberdeen independent asset management business. All employees from both firms who were based in Aberdeen have now transferred to one site, which includes offices and workshops, at Centurion Court on North Esplanade West.

The latest contract, which is for an initial three years plus two one-year options, will enable the strengthened John Crane Asset Management Solutions team to use their expertise to fully meet the customer needs and further increase asset performance.

Rod Mackenzie, UK Reliability Engineering Manager at John Crane Asset Management Solutions, said: “We will be supporting the client in transitioning from a mostly time-based maintenance programme to a condition based maintenance and reliability centred programme. This approach allows full ownership of each plant, with all data captured and used to ensure assets are working efficiently with any issues identified before they reach the stage of a breakdown.

“Key factors in securing the contract included our existing close business relationship and track record of success with the client, along with the experience in taking a holistic approach to maintenance.”

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