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Advanced Services for Turbomachinery Asset Management

[+] Author Affiliations
Valter Quercioli

GE Energy Oil & Gas, Firenze, Italy

Paper No. GT2005-68184, pp. 39-46; 8 pages
  • ASME Turbo Expo 2005: Power for Land, Sea, and Air
  • Volume 4: Turbo Expo 2005
  • Reno, Nevada, USA, June 6–9, 2005
  • Conference Sponsors: International Gas Turbine Institute
  • ISBN: 0-7918-4727-6 | eISBN: 0-7918-3754-8
  • Copyright © 2005 by ASME


Operations have a key role to play in today’s highly competitive environment, as they must provide the utmost effectiveness in asset management practices to boost the Return on Capital Employed (ROCE) back to the asset Owners. Asset Management Effectiveness (AME) can be rooted in a certain number of Operator-controllable leverages, that this paper is aimed to show thru a simple model. The model ties the identified operational leverages to the ROCE, providing guidance for the Operators to communicate properly with the asset Owners for demonstrating the financial benefits of their operational practices. A certain number of advanced services available to the Operators are shown and described, that can support both Operations and asset Owners in their search for the highest financial returns from existing assets.

Copyright © 2005 by ASME
Topics: Turbomachinery



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