In view of the increasing competition and narrowing margins among oil and gas companies, asset manage-ment is obtaining greater relevance in enhancing operational efficiencies especially in management of aging infrastructure to extract optimum performance from them while mini-mizing health and safety risks, to this end Tijegab in partnership with highly experienced and skilled effec-tive multi-disciplinary teams is offering Asset management solutions which plays a pivotal role in making this happen, along with ensuring that operational costs are kept in control. These solutions also improve the overall uptime and per-formance of assets and prolong their operational life. Moreover, the growing need to curb greenhouse gas emissions from oil and gas operations is giving added impetus to implementing asset management solutions.

Asset management bullet points

• • • Reservoir Life-Cycle Optimization
    • Asset Management Plan
    • Asset Management Process
    • Petroleum Economics
      • Contract, fiscals modeling
      • Economic evaluation: IRR, NPV, Payback, etc.
      • Risk Analysis: sensitivities, probabilities, etc.
    • Cost Management
      • Cost accounting models
      • Reporting structures