Late-Life Assets



50 minutes


Keyvan Ehsanifard | Principal Consultant
Michael Connelly | Contract Delivery Manager
Geert Henk Wijnants | Principal Consultant

Late-Life Assets

Aging and late-life assets account for a big part of production facilities worldwide, across a range of industries. Maintaining aging assets and equipment goes beyond basic maintenance, with a lack of maintenance records, sourcing spare parts, processes, and knowledge transfer all affecting how effectively assets can be maintained, and operated safely and efficiently.

This calls for the development of clear strategies, tailored to the asset state and remaining economic potential, combined with partnerships with contractors that can increase maintenance efficiency through applying best practices and innovations.

What you will learn:

About the main challenges and risks of aging and late-life assets
How to determine the condition and degradation of your installations and, as such, the overall life and expected replacement period of assets
How to visualize OPEX / CAPEX investments necessary in the years ahead
Best practices and innovations in offshore projects on late-life assets

Our presenters

Principal Consultant

Keyvan Ehsanifard

Keyvan has a master's degree in industrial asset life cycle management as a basis, hehas gained 20 years of work experience in the field of reliability and maintenance management, mainly in the oil & gas industry and in energy generation. He has worked in various positions in multiple countries and is currently active as a Senior Consultant at Stork AMT with a focus on reliability and maintenance optimization. 

Contract Delivery Manager

Michael Connelley

Michael is Contract Delivery Manager for Stork's offshore services. As certified Thermal Insulation Engineer & NACE Level 1 Inspector, he has vast experience in remedying Corrosion under Isolation and delivering complete asset integrity projects.

Principal Consultant

Geert Henk Wijnants

Geert Henk is an expert on inspection methods with a degree in Technical Physics. Geert has been working more than 25 years in maintenance, design, and maintenance management, which over the years has led to a specialization in risk-based inspection, integrity & compliance management, end-of-life replacement planning, RAMS engineering, and life cycle costing.

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