10.1 Aging electrical component

Facilities are designed typically with a life span of 20–25 years. However, it is becoming common for facilities, both on-shore and off-shore, to be operated beyond its life span. While assets are designed for 20–25 years, equipment age differently and suffer from different age-related failure mechanisms. Other than aging, electrical, control and instrumentation equipment suffer from obsolescence. This is primarily due to unavailability of components and end of hardware/software support.
