Abstract: A combined journal-thrust bearing assembly includes a bearing body formed of upper and lower sections secured together at an axial plane. To the axial ends of the bearing body, thrust rings are removably mounted with the thrust rings also being formed of segments, the ends of which lie in the axial plane. Extending through a bore defined by the bearing face of a journal liner is a rotating shaft having a pair of spaced collars. The collars abut bearing faces of the thrust rings to prevent axial movement of the shaft relative to the bearing assembly. Disassembly of the bearing body about the axial plane facilitates repair or replacement of the bearing body sections, the liner, or worn thrust rings independently of one another. An oil delivery system is also provided for lubricating the interface between the shaft and the journal bearing face as well as lubricating the interface between the thrust bearing faces and the shaft collars.