Whilst the global economy is riding the wave of uncertainty, energy markets are continuingrndown the road of globalisation, deregulation and restructuring. Energy company CEO’s arernbeing faced with tough questions about how they are going to optimise shareholder value atrnthe same time as meeting stringent safety and regulatory requirements and fulfilling thernmarket demand for high reliability, in an increasingly competitive market. A toughrnchallenge, but a team effort is mandatory to survive and grow.rnThat is why the spot-light has been put onto the business operations - energy companies arernrealising that the profitability, stability, and performance of the company relies heavily onrnStrategic Asset Management (SAM). SAM is about maximising the performance of any assetrnthat has a direct and significant impact on profit margin. Directors are taking a closer look atrnthe operations and maintenance regimes of there business critical asset portfolio, focusingrnspecifically on engineering management, risk management, environmental performance,rnquality and delivery of operation and maintenance strategies. They are exploring andrndetermining cost effective and efficient ways to extend the life of their existing assets at thernsame time as enhancing and managing plant reliability, safety, performance and security ofrnsupply.
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