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New Co. Launched As ‘Asset’ For Energy Sector To Focus On Operational Efficiency & Prevention of Major Incidents

New company Asset ONE launches today (Monday 12th June 2023) to support global safety critical operations in the energy, industrial and maritime industries.

The newly established technical asset management consultancy, with headquarters at Neo Space in Aberdeen and a regional office in Dubai, has been formed to help organisations operate and maintain their technical assets safely, efficiently, and sustainably – a ‘critical friend’ service for asset operators.

Roy Milne, Managing Director of Asset ONE, says, “We have set up Asset ONE with the primary goal of helping our customers maximise asset uptime and safeguard against major incidents. By harnessing extensive cross-industry knowledge, abundant resources, and intelligent asset management software our specialist team of experts are focussed on driving operational excellence and minimising downtime, ensuring our customers stay ahead of the competition. We are excited to enter the market with an agreement to provide asset management audit and optimisation services to a globally recognised oil & gas operator and to provide maintenance and reliability instructors for an international training provider in the UK and Middle East. It’s fantastic to be able to launch and hit the ground running with these initial projects. We are grateful to these customers for putting faith in us as we begin our journey.”

Roy continues: “Having accumulated over 25 years of experience working in maintenance teams worldwide, I have personally gained valuable insights and achieved operational excellence by implementing smart asset management practices. Considering the dynamic nature of industry, I believe that asset operators and equipment manufacturers need a dependable partner who can offer consultative support and modern solutions to meet their evolving needs. In particular, the challenging investment environment during the recent global energy downturn has led to reduced maintenance spending and the departure of experienced personnel, resulting in a skills gap across the industry. Limited financial resources and uncertain market conditions have forced organisations to cut back on maintenance budgets and reduced asset support, leading to strain on infrastructure and the very real potential for major incidents. Simultaneously, skilled individuals leaving the sector has created a shortage of expertise, posing challenges for maintaining operational effectiveness.”

Roy concludes, “Successful operators have a clear relationship between growth plans and asset management strategy which in turn delivers predictive maintenance, prevention of major incidents and profitability through uptime and good reputation. At Asset ONE, our core principles revolve around safety. We prioritise the well-being of individuals, safeguarding reputation, and protecting the environment. We integrate robust technical safety measures into all our asset management strategies and leverage the latest technologies to proactively prevent major incidents, enabling sustainable operations for our customers.

Our team recognises the complexities and challenges involved in managing and maintaining technical assets across various industries. To address these, we offer a comprehensive range of services and solutions. Our aim is to assist businesses in optimising their asset management processes, reducing costs, and enhancing overall efficiency in a logical and controlled manner.”

Asset ONE provides asset management health check and improvement services to enable lean operations which fit today’s business needs. They work with operators and manufacturers to ensure assets are ready for operations through adequate asset management governance, fit-for-purpose maintenance systems and suitable training and coaching of people.

 

Press release information

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Roy Milne, Managing Director, launches Asset ONE to support global safety critical operations in the energy, industrial and maritime industries.

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Notes to editors

Asset ONE’s mission is to empower organisations with exceptional technical asset management expertise, focusing on preventing major incidents, optimising cost-efficiency, and enhancing reliability.

Media contact

Media contact name:

Sarah Bremner

Media contact business / organisation:

Mearns & Gill

Media contact telephone:

07442929619

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