John Crane scoops Saudi asset management contracts

John Crane, a global leader in technologies and services for the energy and process industries, has won three asset management contracts within the past year with major petrochemical companies in Saudi Arabia

These contracts reinforce the company’s presence in the Kingdom and its commitment to supporting industrial and energy growth, in line with the Saudi Vision 2030. Additionally, they offer an opportunity to expand John Crane’s dry gas mechanical seals and wet mechanical seals offerings within major petrochemical companies' operations.

The first project consists of an asset criticality assessment to identify the impact of potential asset failures on critical site equipment; and the development of a comprehensive maintenance strategy, with failure analysis, and preventative and predictive maintenance technologies.

The second project involves establishing an asset registrar to manage and optimise assets; conducting an asset criticality assessment to identify the impact of potential asset failures on-site equipment; developing comprehensive maintenance strategies and preventive maintenance tasks; and optimising an existing plant to align it with a further plant under development, as part of expansion efforts.

The third project involves checking more than 400,000 critical assets across six customer sites in Saudi Arabia to ensure regulatory compliance with industry safety, environmental, and legal requirements. This aligns with the newly introduced Petroleum and Petrochemical Law, which regulates petroleum and petrochemical operations in a manner that contributes to economic growth. Goals include improving equipment efficiency, reducing risks, ensuring financial accuracy through precise asset valuation, and supporting asset lifecycle decisions.

Hani Attia, general manager of KSA and Bahrain at John Crane, said, “John Crane is committed to driving industrial and energy growth across Saudi Arabia and the wider region through our work and capabilities. Our asset management solutions will enhance our customer’s operational efficiency and reliability, ensuring long-term success. Our expertise in predictive maintenance and asset management is key to supporting their success. As more clients want to preserve and extend the lifecycle of their crucial plant equipment, we see substantial growth opportunities in the area.”