Asset Management and Reliability in Oil and Gas (OG-067) Training Course

Asset Management and Reliability in Oil and Gas

Oil and gas companies manage portfolios of high-value, ageing assets in demanding environments. Systematic asset management helps maximise value, control risk and extend…

5 daysClassroom or online

14Upcoming dates

6Cities

£2,750Fees from

Course overview

Why Attend

Oil and gas companies manage portfolios of high-value, ageing assets in demanding environments. Systematic asset management helps maximise value, control risk and extend asset life.

This LLMI course explains asset management principles and standards, asset strategies, criticality assessment, maintenance optimisation, reliability engineering tools, integrity management, life extension, and performance measurement for oil and gas assets. Participants develop an asset management improvement plan.

The course connects technical reliability practices with business decision-making.

Course Objectives

Apply asset management principles to oil and gas assets

Assess asset criticality and risk

Develop asset and maintenance strategies

Use reliability tools to reduce failures

Plan life extension and investment

Measure asset performance and value

Target Audience

Asset managers

Reliability and maintenance engineers

Integrity engineers

Operations managers

Planning and finance staff

Technical directors

Course Methodology

Framework presentations

Case studies

Criticality workshops

Reliability exercises

Improvement planning

Course outline

1Day 1: Asset Management Principles

Asset management concepts
Standards and frameworks
Value and risk
Organisation and roles
Maturity
Exercise: Maturity assessment

2Day 2: Criticality and Strategy

Criticality assessment
Asset strategies
Maintenance strategies
Spares strategy
Decision-making
Workshop: Criticality analysis

3Day 3: Reliability Engineering

Failure modes and patterns
RCM concepts
Reliability data
Bad actors
Root cause analysis
Exercise: Reliability analysis

4Day 4: Integrity and Life Extension

Integrity management
Ageing assets
Life extension
Investment planning
Obsolescence
Case study: Life extension decision

5Day 5: Performance and Improvement

KPIs
Cost and value
Digital tools
Continuous improvement
Culture
Capstone: Asset management plan

Frequently asked questions

How long is the Asset Management and Reliability in Oil and Gas course?

The course runs over 5 days of classroom training, usually Monday to Friday.

When is the next Asset Management and Reliability in Oil and Gas course?

The next public date is 16 - 20 Nov 2026 in Istanbul. There are 14 upcoming dates in total.

Where is this course held?

Upcoming sessions run in Istanbul, Vienna, London, Munich, Amsterdam, Rome.

Can I take Asset Management and Reliability in Oil and Gas online?

Yes. Every date can also be joined live online in a virtual classroom with the trainer, for £1,280 per participant. Choose "Live online" in the dates table when you register.

How much does the course cost?

Fees start from £2,750 per delegate, depending on the city. Fees include tuition and course materials.

Do participants receive a certificate?

Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.

Can this course be delivered in-house for our team?

Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.

Course information last updated 14 November 2026.

Asset Management and Reliability in Oil and Gas

Course overview

Course outline

Dates and fees

Frequently asked questions

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