John Crane secures significant new asset management contracts in Saudi Arabia

John Crane contributes to the growth of the Saudi local energy and industrial sector by securing significant new asset management contracts in the Kingdom. Contracts strengthen John Crane’s presence in Saudi Arabia and open opportunities for further expansion.

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 the Saudi Vision 2030.

The agreements represent a milestone for John Crane, which has now secured three major asset management contracts in the Kingdom of Saudi Arabia within the past year with a range of petrochemical customers.

The first project is divided into two main phases: 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, preventative and predictive maintenance technologies.

The second project consists of four main phases: 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 checks 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, regulating petroleum and petrochemical operations, in a manner that contributes to economic growth. Goals include improving the efficiency of equipment, reducing risks, ensuring financial accuracy through precise asset valuation, and supporting asset lifecycle decisions.

These approaches minimise downtime of plant equipment and increase the life span of industrial seals and associated filtration systems that are critical for John Crane’s customers.

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.”

These agreements reinforce John Crane’s position in the Kingdom and serve as a valuable local reference in Saudi Arabia, strengthening John Crane’s standing in the region. Additionally, the contracts offer an opportunity to expand John Crane’s dry gas mechanical seals and wet mechanical seals offerings within major petrochemical companies' operations.

About John Crane

John Crane is a global leader in mission-critical technologies for the energy and process industries and an innovator in rotating equipment, encompassing mechanical seals, couplings, filtration systems, cutting-edge asset management, and digital diagnostics solutions. Blending a rich legacy of innovation with a commitment to service excellence, we have enabled our customers to operate reliably and sustainably for over a century.

While recognising the role of traditional energy, we are pioneering solutions that enable cleaner alternatives, crafting a vision for a sustainable energy future. Our extensive global presence underscores our promise to customers, with over 200 facilities, including manufacturing, sales and service, in more than 50 countries across the globe. With over £1.1 billion in revenue in Fiscal Year 2024, we are an integral pillar of Smiths Group plc, a FTSE 100 listed industrial technology company dedicated to engineering a better future. Visit Smiths.com for more.