Asset Integrity Group Launches Into Market Despite Oil Price Dip

Asset Integrity Group Ltd have announced the official launch of the company after successfully securing their first project in Aberdeen.

The Aberdeen-based Asset Integrity consultancy which started in August 2016, boasting a team of professionals who collectively offer in excess of 250 years’ experience, have so far achieved a healthy five figure turnover months after securing an initial project supporting a local operator. This has aligned Asset Integrity Group to surpass its projected targets 6 months ahead of schedule whilst actively bidding for projects throughout various industries including oil and gas and renewables.

This achievement is a credit to the determination of the Directors David Noble and William Mclean, who created Asset Integrity Group and are both experts in reliability, maintainability and risk reduction. Their success is even more notable as it comes at a time when the energy sector has seen a substantial decline in activity and budget spending has been slashed.

William McLean explains, “We are very pleased with our achievements to date, not just on a personal level but also on our progress in establishing a successful independent Asset Integrity consultancy at such a difficult time.

“The low oil price has taken a strong hold of the North Sea Oil and Gas sector over the last two years affecting exploration, production and other operations, with many companies facing real challenges. In some cases, our clients have found that they have been able to use this time to really focus on the condition and integrity of their vital assets, ensuring that performance is not compromised once projects scale up again”.

With current Oil prices sitting at less than $54 per barrel, oil operations have been forced to reduce spend and ensure that the cost of production is at a sustainable level. This has seen the demand for asset integrity services increase, due to the need to create well engineered solutions that ensures maximum uptime of assets.

Dave Noble outlined the plans for Asset Integrity Group over the next twelve months, “2017 is set to be an exciting one for us. We are currently engaged with a number of businesses who are looking to implement our services into various project work scopes, which will allow Asset Integrity Group to predict workflow as we introduce and promote our highly innovative services to the marketplace.

“Our technical team are exceptionally well placed to support a range of client requirements including risk reduction management, incident investigation, maintenance optimization, reliability engineering for uptime excellence and asset life extension. With each of our consultants concentrating on specialist areas, we can offer a more focused approach to Asset Integrity and a strong commitment to our O&G North Sea Operators which is where our core experience lies”.

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