Asset management

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Lloyd’s Register develops asset management programs based on industry best practice and applies its expertise to deliver dependable information on the reliability of your vital assets.

At Lloyd’s Register, we understand asset management can become a strategic capability you can use to differentiate your company from the competition. We help you achieve a focused, approach to asset management that raises your program to a level of excellence you can use to address shareholder and regulatory concerns.

Asset performance management is a vital function in high-risk, capital-intensive industries such as energy, but it is often neglected until a serious failure occurs. Determining the appropriate approach and right level of commitment to asset management for your business and then implementing an effective program, can be difficult tasks that lie beyond the experience and expertise of many organizations.

Lloyd’s Register has developed its extensive expertise in the design and implementation of asset performance management programs through our worldwide experience across a number of major industries. We can supply the knowledge and perspective that your team may lack to help you establish an asset performance management program that itself becomes an asset you can leverage in pursuit of your overall strategic business mission.

Our asset performance management services address the critical issues concerning the operation and maintenance of physical assets across their entire lifecycle. Working with your teams, we deliver expertise targeted to your needs and apply a proven framework to help you plan your project, execute it, track the benefits and keep you informed at key milestones along the way.

Lloyd’s Register Energy business professionals are highly trained engineers from a variety of disciplines and specializations. The areas of engineering expertise include mechanical, civil, structural, materials or metallurgy, and fracture mechanics, with proven proficiency in stress analysis, mechanics of materials, degradation mechanisms, inspection and repair techniques, pressure vessels, piping, tanks, and construction codes. We also employ engineers specialized in pipelines, corrosion, pipeline risk management, and risk studies.

Why Lloyd’s Register?

Lloyd’s Register takes a lifecycle approach to asset management that assures the performance of your assets and the associated costs and risks are in line with the requirements of your business. We use our global experience to help you benchmark your asset management efforts against those of other industry participants. In choosing Lloyd’s Register you are assured of a service which provides:
  • Practical experience and expertise in all aspects of the strategic and operational management of safety, reliability, business and project risk
  • Access to multidisciplinary teams with competence across all aspects of design, construction, risk management, monitoring and inspection for major assets in all sectors of the energy industry.
  • Drawing on our global experience, we can tailor and combine our services to provide a cost-effective solution which is focused on your concerns and can enhance your project.

Asset management services include:

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