Conference focuses on raising asset efficiency and raising operational readiness

Sohar: OQ Refineries and Petroleum Industries, a company of OQ Group, the global integrated energy investment group, organised on Tuesday the Maintenance, Reliability, and Asset Management Conference at the Radisson Blu Hotel Sohar.The event saw the participation of an elite group of sector leaders, technical experts, and specialists from the Sultanate of Oman and the GCC countries. The third edition of the conference is held under the theme "Smart Strategies for the Maintenance, Reliability, and Sustainable Management of Physical Assets." It aims to exchange knowledge and expertise, explore new technologies, and consolidate cooperation between institutions in the energy and industrial sectors.The conference also highlighted the role of advanced asset management practices in raising operational readiness and reliability, improving efficiency, and developing maintenance methods.Kamel Bakhit Al Shanfari, Chief Executive Officer of OQ Refineries and Petroleum Industries, stated that the third Reliability and Asset Management Conference constitutes an important platform for enhancing dialogue and exchanging experiences among sector leaders and specialised experts in the fields of maintenance, reliability, and asset management.He pointed out that by hosting this event, OQ Refineries and Petroleum Industries continues its leading role in supporting the development of advanced asset management practices and enhancing operational excellence, thereby contributing to achieving the objectives of Oman Vision 2040.The conference's programme includes keynote sessions, specialised visual presentations, and panel discussions on topics such as predictive maintenance, digital transformation, and the employment of advanced analytics and artificial intelligence in asset management. This is alongside reviewing practical solutions to enhance reliability, improve performance, and extend the operational lifespan of industrial assets.The conference also includes a preparatory workshop presented by international expert Ron Moore, reviewing the best global practices in reliability management and improving asset performance.The conference sessions also address the importance of adopting recognized international frameworks and standards, such as ISO 55001 and ISO 55002, to support the implementation of consistent and sustainable practices in asset management.Organising the 2026 conference reflects the commitment of OQ Refineries and Petroleum Industries to enhancing knowledge exchange and building professional capacities, as well as supporting the adoption of modern practices and technologies that contribute to raising asset efficiency and enhancing their operational readiness. The conference also supports efforts to develop industrial capabilities and encourage regional cooperation, in line with the objectives of Oman Vision 2040.OQ Refineries and Petroleum Industries continues to develop its practices in preventive and predictive maintenance, technical inspections, repairs, and quality assurance. This enhances asset readiness for operational purposes, raises the level of reliability, and contributes to reducing unplanned breakdowns, while adhering to technical requirements and standards, as well as health, safety, and environmental requirements. The company also employs data, digital technologies, and advanced analytics to support monitoring asset performance, proactively responding to risks, and improving planning, follow-up, and decision-making processes.These efforts fall within the OQ Group's drive toward employing data and modern digital technologies in managing its assets, and transitioning to more proactive practices in maintenance and reliability. This is in addition to developing the capabilities of its cadres and transferring knowledge and expertise, which supports asset readiness, limits breakdowns and unplanned downtimes, and contributes to safer, more reliable, efficient, and sustainable operations.