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Asset Integrity Management for the Petroleum Industry

Applying Fundamental Approaches
to Ensure Asset Integrity

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Why Choose Us

The Asset Integrity Management for the Petroleum Industry training course provides petroleum, engineering and maintenance professionals with structured, end-to-end knowledge of asset integrity management. It progresses from ISO 55000 principles and risk assessment frameworks to risk-based maintenance, lifecycle management and continuous improvement. Across the oil and petroleum industry, asset integrity is both an operational priority and a safety and business imperative. Equipment failures, unplanned shutdowns and integrity breaches can severely affect people, the environment, production continuity and organisational reputation.

The course examines the complete asset integrity management system within upstream, midstream and downstream environments. It covers the AIM landscape, risk and risk-based maintenance, Risk Based Inspection (RBI), RAMS specifications, lifecycle extension decisions, maintenance workflow and human factors. Every module reflects the petroleum industry context and aligns with international standards. It is intended for professionals responsible for the integrity, reliability and performance of critical oil and petroleum assets who require structured knowledge and practical management tools.

This Asset Integrity Management for the Petroleum Industry training course will highlight:

  • ISO 55000 principles and the wider AIM landscape
  • Risk assessment frameworks and risk-based maintenance
  • Risk Based Inspection (RBI) approaches
  • RAMS specifications and maintenance workflow
  • Lifecycle management and lifecycle extension decisions
  • Human factors and continuous improvement
Why Choose Asset Integrity Management for the Petroleum Industry
Course Goals

What are the Goals?

This Asset Integrity Management Course for the Petroleum Industry aims to build comprehensive asset integrity management capability, covering AIM system design and alignment with ISO 55000 through risk-based maintenance, lifecycle decision-making, and performance improvement.

Upon completing this course, participants will be able to:

  • Describe the asset integrity management concept and use the asset management landscape process model
  • Outline the elements of the AIM system — including policy, strategy, and asset management plans — and understand the line of sight connecting them
  • Establish asset management roles and apply the international ISO 55000 series standard within petroleum industry contexts
  • Recognise and evaluate risks at business, system, and asset levels using risk matrices, risk registers, and hazard logs
  • Create contingency plans and use risk management principles in petroleum asset operations
  • Use the seven steps of Risk Based Maintenance (RBM) and Reliability Centred Maintenance (RCM), including FMECA
  • Carry out Risk Based Inspection (RBI) and choose suitable maintenance tasks based on failure behaviour analysis
  • Use systems engineering methodology and RAMS specifications when making asset lifecycle management decisions
  • Assess lifetime extension and asset rationalisation options through integrity-informed decision-making
  • Monitor maintenance performance, control risks arising from human error, and develop structured continuous improvement plans

Who is this Training Course for?

This Asset Integrity Management for the Petroleum Industry training course is designed for:

  • Asset Integrity Managers
  • Asset Managers
  • Inspection Engineers
  • Maintenance Engineers
  • Reliability Engineers
  • Corrosion Engineers
  • Mechanical Engineers
  • Process Engineers
  • Pipeline Engineers
  • Operations Engineers
  • Technical Safety Engineers
  • Risk and Integrity Engineers
Learning Approach

How will this Training Course be Presented?

This asset integrity management course for the petroleum industry follows a technically organised, progressive learning methodology, advancing from AIM system foundations and risk frameworks to risk-based maintenance, lifecycle management, and continuous improvement planning. Each day builds upon the preceding one, enabling delegates to gain an integrated understanding of how every element of an effective asset integrity management system functions together.

Practical activities and petroleum industry case examples are incorporated throughout the course, allowing participants to apply key frameworks to actual operational challenges faced in the oil and petroleum field.

Delivery approaches include:

  • Instructor-led sessions addressing AIM concepts, ISO 55000 standards, risk frameworks, and lifecycle management principles
  • Risk assessment workshops using risk matrices, risk registers, and hazard logs in petroleum asset scenarios
  • RBM and RCM methodology sessions progressing through the seven-step process, including FMECA and failure behaviour analysis
  • Risk Based Inspection workshops using RBI principles for onshore and offshore petroleum systems
  • Maintenance task selection exercises that help delegates select the appropriate maintenance strategy for various failure modes
  • RAMS and lifecycle management sessions examining reliability, availability, maintainability, and the development of safety specifications
  • Lifetime extension and rationalisation discussions that support asset investment decisions informed by integrity
  • Continuous improvement and performance measurement workshops that develop improvement plans based on maintenance execution data

The Course Content

Asset Integrity Management

  • Introduction to concept of Asset Management & Asset Integrity Management
  • Asset Management Landscape process model
  • The Asset Integrity Management system
  • The Asset (Integrity) Management System – Asset Management Policy – Asset Management Strategy – (Strategic) Asset Management Plans – line of sight
  • Asset Management roles
  • International standard on Asset Management: ISO 55000 series 

Risk & Risk Assessment

  • What is risk?
  • Relevance of risk
  • Identification & assessment of risk
  • Risk management: using the risk matrix, risk register & hazard log
  • Risk on business level, system level and asset level
  • Contingency planning

Risk Based Maintenance & Risk Based Inspection

  • Deterioration: the way assets could fail
  • The seven steps of Risk Based Maintenance (RBM) / Reliability Centred Maintenance (RCM) incl. Failure Mode Effects &Criticality Analysis
  • Failure behaviour of onshore & offshore systems
  • Choosing the right maintenance task
  • Risk Based Inspection
  • Practical application

Life Cycle Management Aspects

  • Life cycle of an asset
  • Systems Engineering methodology
  • RAMS specification (Reliability Availability Maintainability Safety)
  • Lifetime extension
  • Asset rationalisation
  • Decision making with asset integrity in mind

Smooth Workflow, Maintenance Execution & Continuous Improvement

  • Long- and short-term maintenance workflow
  • Accurate maintenance execution
  • Human error in maintenance is a threat for the asset integrity
  • Measuring the performance
  • Continuous improvement aspects
  • Drawing up an improvement plan
Recognition

Certificate

  • • Wallstreet Development Academy Certificate of Completion for delegates who attend and complete the training course.

Frequently Asked Questions

This course focuses on asset integrity management within the petroleum industry. It examines how fundamental approaches can be applied to help ensure asset integrity. The course information does not identify specific systems, equipment types or technical methods.
The course is relevant to professionals seeking to understand asset integrity management in the petroleum industry. Its focus on fundamental approaches may suit people who need a grounding in the subject. The provided information does not specify particular job titles, departments or experience levels.
Yes, the course is specifically framed around asset integrity management for the petroleum industry. Its subject matter applies fundamental approaches in that industry context. The available description does not state whether examples from other industries are included.
The stated topic is asset integrity management for the petroleum industry, with an emphasis on applying fundamental approaches to ensure integrity. A detailed breakdown of modules, technical topics or daily agenda items is not provided. The course scope should therefore be understood at this broad level only.
You will learn about fundamental approaches to asset integrity management in a petroleum industry context. The emphasis is on understanding how these approaches support the goal of ensuring asset integrity. Specific learning objectives and detailed subject areas are not provided in the course description.
The course builds an understanding of how fundamental asset integrity approaches apply to the petroleum industry. It is centred on connecting those approaches with the objective of ensuring asset integrity. No specific technical, analytical or software-based skills are listed in the available course information.
The subtitle indicates that the course focuses on fundamental approaches, which suggests an emphasis on core asset integrity concepts. However, the course information does not explicitly label the training as introductory, intermediate or advanced. It also does not state any required level of prior knowledge.
The main stated outcome is a stronger understanding of applying fundamental approaches to help ensure asset integrity. This learning is positioned specifically within the petroleum industry. The available content does not specify additional outcomes such as certification, accreditation or competence assessment.

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