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oil and gas asset management

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oil and gas asset management

MAKE DATA MATTER

Meet the Challenge

EXTEND ASSET LIFE

Meet the Challenge

Our global teams design, maintain, and optimise energy infrastructure to improve access to secure and sustainable energy for communities worldwide.

70+ Years of Industry Experience

Originally founded in the UK in 1954 as Spencer & Partners, we cultivate our long engineering heritage to help serve evolving energy needs and deliver solutions across the entire project lifecycle.

Our Story
oil and gas asset management

15,000+ Global Projects Delivered

We have delivered over 15,000 energy projects worldwide. We provide a wide range of services to the energy industry, including engineeringproject managementasset managementasset integrity, knowledge & training, and digital solutions.

Our Work

12+ Offices Across the World

Penspen have offices in the United Kingdom, Europe, the Middle East and Africa, Kingdom of Saudi Arabia, Latin America and the US. With over 1,100 employees globally & experience in over 100 countries, we bring specialist expertise to projects worldwide.

Our Regions

Our Work

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Designing the Jet Fuel Hydrant System for Kuwait Airport’s New Terminal 2

Penspen provides engineering services for Jet Fuel Hydrant System for Kuwait International Airport's New Terminal...

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Master Plan Development for Jet Fuel Facilities Services at Al Maktoum International Airport

Penspen supports the development of the world's largest airport with master plan development for jet fuel facilities services at Al Maktoum International...

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Gap Analysis for Aviation Fuel Systems at Hamad International Airport

Penspen carries out Gap Analysis for aviation fuel systems at Hamad International Airport in...

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Insights & News

Image of cracking in a steel pipeline
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05-03-2025 Insights

Demystifying Hydrogen Fatigue Crack Growth

With the increasing momentum to adopt clean fuels coupled with the scrutinised investment horizons of maintaining ageing gas pipelines, there are well-established and mutually beneficial...

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Head of Engineering Hydrogen
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26-02-2025 Insights

Energy – the final frontier?

The transition from a career developing structures for use in space to solving the challenges of implementing hydrogen infrastructure may not seem straightforward, but for Penspen’s Head of...

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25-02-2025 Insights

What Are the Key Integrity Considerations When Repurposing Pipelines for Hydrogen?

With the European Hydrogen Backbone targeting 52,000 km of hydrogen pipelines by 2040 - 60% of which will be repurposed from existing infrastructure - ensuring the integrity of these pipelines will...

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Digital Pipeline
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18-02-2025 Insights

Beyond Compliance: Optimisation Opportunities of the Gas Mega Rule – Pipeline Integrity Management with Digital Twins, Multiple Inspections, and Artificial Intelligence

In a new technical paper presented at the 2025 Pipeline Pigging and Integrity Management Conference, Penspen, Senslytics, and PipelineLogic explore how Penspen's THEIA platform and Causal AI...

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28-02-2025 News

Penspen Joins Hydrogen UK to Drive the Future of Clean Energy in the UK

International engineering consultancy reinforces commitment to sustainable energy by becoming an official member of the UK’s leading hydrogen trade association. Penspen, a leading international...

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29-01-2025 News

Penspen Reports $120 Million Worth of New Contract Awards Secured in Second Half of 2024

Company’s comprehensive engineering expertise helps improve energy access for communities worldwide Penspen today announces a positive finish to the fiscal year with $120 million awarded in new...

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16-01-2025 News

Penspen Shortlisted for 2025 Hydrogen UK Annual Awards

International engineering consultancy Penspen has been shortlisted as finalists at the 2025 Hydrogen UK Annual Awards. The Hydrogen UK Annual Conference and Awards is the premier event celebrating...

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Engineering the Future of Energy

Our Services

Penspen Energy Transition Consultancy

A multi-disciplinary centre of expertise focused on the design, development and repurposing of hydrogen infrastructure. Formed to support the international energy industry on low carbon and hydrogen-related projects, our team of industry-leading energy transition experts can help define the pathway to net zero.

Our energy transition capabilities are built around four pillars and cover a range of areas such as Engineering & Project Management, Asset Integrity, Asset Management, Digital Solutions, alongside Penspen’s Centre of Engineering Excellence. With over 70 years of providing asset solutions across multiple energy sectors worldwide, we have the technical experience and expertise to help accelerate the energy transition.

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THEIA – Digital Pipeline Integrity Management

Building a brighter, more efficient energy future requires flexible, intelligent solutions. Digitalisation of the energy industry offers the progression and innovation required to generate energy more reliably, distribute more efficiently and store more affordably.

Harness the full potential of your pipeline assets through the power of data with THEIA, Penspen’s Pipeline Integrity Management Solution. Developed as part of Penspen’s ongoing commitment to digital transformation, THEIA provides energy, oil, and gas operators with the critical pipeline integrity insights required to optimise performance of assets.

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Executive Leadership

Penspen has a world-class reputation for providing independent, best practice advice on developing, managing, and revitalising energy assets across the world.

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A Penspen engineer inspecting a gas pipeline
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Our Services

We help meet the world’s evolving energy needs by providing consulting, project, and engineering solutions across the entire energy project lifecycle.

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Our Memberships

Penspen are certified members of a number of internationally recognised organisations across the energy industry and have partnerships with associations across the world.

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Our Careers

Excellence is at the heart of everything we do and we believe the only way we can achieve this is by working with excellent people who support our values.

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