Third Party Asset Management Newcastle

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What is Third-Party Asset Management?

At Solidus IQ, we provide third-party asset management services in Newcastle, helping asset owners, managers, and engineers make informed decisions regarding their metal structures and components. Our asset integrity inspections focus on identifying fatigue, wear, corrosion, mechanical damage, buckling and potential failures in existing metal structures.

While engineers typically carry out detailed inspections, Solidus IQ offers a cost-effective alternative with basic visual inspections performed by a cert 10 welding supervisor. Our extensive experience with new fabrication, maintenance welding and in-service inspections within the oil and gas industry, gives us unique insight into identifying issues with components before they become major problems. These inspections are crucial for maintaining the sustainability of your assets, extending life, and avoiding costly replacements.

Welding Quality Systems

Why Asset Sustainability Matters

In today’s environment, sustainability is more critical than ever. Industries are increasingly focusing on reducing waste and environmental impact. Metal asset sustainability plays a key role in this effort. Rather than frequently producing and installing new metal components, maintaining and extending the life of current assets is both economically and environmentally beneficial.

By focusing on asset sustainability, you can:

Reduce Waste: Repairing and improving existing structures reduces the need for new raw materials. It cuts down on the waste generated by replacing assets prematurely.
Minimise Environmental Impact: Manufacturing new metal components consumes significant resources and energy. Extending the current lifespan of assets helps lower your carbon footprint and contributes to sustainability goals.
Cost Savings: Repairing and maintaining metal assets is often much more cost-effective than fabricating and installing new components. Regular inspections and repairs can prevent costly failures. Hence extending the asset’s service life, reducing overall operational expenses.

Third-Party Asset Management Services and Basic Visual Inspections

Basic visual inspections, as outlined in AS 3978, are an essential step in ensuring sustainability and integrity of your assets. These inspections can be conducted by technical personnel like engineers, asset managers, and boilermakers. At Solidus IQ, we focus on providing cost-effective visual inspections that identify early signs of fatigue, wear, and potential failures in metal components.

We know metal better than anyone else. Our boilermakers, welders, and fabricators handle metal structures daily. We can often detect fatigue or failure points that others may miss. By utilising our services, you gain:

Cost-effective solutions: We provide quality inspections at a fraction of the cost of engineering services.
Expertise with metal: Our tradespeople know how metal behaves under stress, making us ideally suited for basic visual inspections.
Sustainability focus: We help you maintain and extend the life of your current assets instead of resorting to expensive replacements.

For more details on how we can support your asset management and improve the longevity of your metal components, get in touch. Check out the Australian Standards HERE.

Get in contact with us today

Solidus IQ delivers a practical and realistic approach to the application of welding solutions, fabrication, quality management, and site services to the mining, energy, manufacturing/fabrication, and engineering sectors in Newcastle and the Greater Hunter Region.