Impact of Technological Innovation, Risk Management, and Regulatory Compliance on Asset Integrity in Kuwait’s Oil and Gas Sector

Abstract

This study investigates the impact of technological innovation, risk management, and regulatory compliance on asset integrity in Kuwait’s oil and gas sector. The key objectives are to assess the effectiveness of technological advancements, evaluate risk mitigation strategies, and analyze the role of regulatory adherence in infrastructure sustainability. A quantitative research design is employed, utilizing survey data from engineers, asset managers, and industry professionals. Findings reveal that technological advancements, structured risk management approaches, and strict regulatory compliance significantly enhance asset lifespan, reduce maintenance costs, and improve operational safety. The study highlights that integrating remote monitoring units (RMUs) and AC interference mitigation techniques further strengthens infrastructure reliability in high-risk environments. The implications of this research extend to policymakers, industry professionals, and regulatory bodies, providing empirical evidence for optimizing asset integrity strategies and ensuring compliance with international standards. The study contributes to the broader discourse on sustainable infrastructure management, offering practical recommendations for improving asset protection in Kuwait’s oil and gas industry.