John Crane Wins Three Asset Management Contracts with Advanced Tech
John Crane, a global leader in mission-critical technologies and services for the energy and process industries, and a business of Smiths Group plc, has secured three recent asset management contracts with major petrochemical companies in Saudi Arabia. This reinforces the company’s commitment to supporting industrial and energy growth in the Kingdom, in line with Saudi Vision 2030.
The agreements mark a significant milestone for John Crane, which has now secured three major asset management contracts in Saudi Arabia within the past year, working with a range of petrochemical customers.
The first project is divided into two main phases: an asset criticality assessment to determine the impact of potential asset failures on critical site equipment, followed by the development of a comprehensive maintenance strategy incorporating failure analysis, preventive and predictive maintenance technologies.
The second project consists of four key phases: establishing an asset register 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 an expansion project currently under development.
The third project involves inspecting over 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 to support economic growth. Key objectives include improving equipment efficiency, mitigating risks, ensuring financial accuracy through precise asset valuation, and supporting asset lifecycle decisions.
These approaches minimise plant equipment downtime and extend the lifespan of industrial seals and associated filtration systems that are critical to John Crane’s customers.
Hani Attia, General Manager of KSA and Bahrain at John Crane, stated: “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 customers’ 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 look to preserve and extend the lifecycle of their crucial plant equipment, we see substantial growth opportunities in the region.”
These agreements reinforce John Crane’s position in the Kingdom and serve as a valuable local reference in Saudi Arabia, further strengthening the company’s standing in the region. Additionally, the contracts provide an opportunity to expand John Crane’s dry gas and wet mechanical seals offerings within major petrochemical operations.
