Bureau Veritas Awarded Six-Figure Contract for North Sea Drilling Operation

Bureau Veritas, a global leader in testing, inspection and certification (TIC) services, has been awarded a six-figure contract to support drilling operations in the North Sea.

The long-term frame agreement will see Bureau Veritas provide inspection and verification services for nine rigs, with the project co-ordinated out of Bureau Veritas's Aberdeen base.

The contract follows a successful 2017 for Bureau Veritas's North Sea Offshore Operations, after it secured contracts worth more than £10 million.

Paul Shrieve, Regional CEO, North Sea Offshore Operations, said: “Bureau Veritas has always been committed to the North Sea region, viewing it as a viable business area where we intend to continue to grow, expand and support our clients.

“Our faith is echoed in Oil & Gas UK's recently published 2018 Business Outlook, which suggests at least 12 new developments worth around £5 billion are expected to be sanctioned this year – the healthiest forecast for new projects for three years. The North Sea drilling market is enjoying a return to vibrancy which we would all welcome.”

The client, a global drilling contractor, is also receiving the benefit of streamlined data tracking and reporting from the project as a result of Bureau Veritas's Compliance System.

The cloud-based system has been developed by Bureau Veritas to gather clients' disparate maintenance, inspection and verification data into one centralised hub, giving the client full detailed visibility at any time, in one view. The built-in dashboards provide a fully interactive, real-time, health check of clients' assets – with areas of concern highlighted in a transparent and justified way, and through the use of an intuitive user interface and customisable database queries, the user is easily able to scrutinise large amounts of data in a quick, targeted and relationalised manner.

Paul Shrieve added: “It is important that technology is used to bring practical solutions to challenges faced by the modern energy industry, not just for the sake of technology, and that is core to the development of this system.

“Simplification, real-time answers to questions and risk reduction are all delivered through this and we look forward to supporting more clients with it.”

Visit source site

DrillingNorth SeaBureau VeritasTICNorth Sea Offshore OperationsOffshoreUnited KingdomUK

More items from oilvoice

Equinor Deepens in Offshore Wind in Poland

Equinor has exercised an option to acquire a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia. This transaction is a follow-up of the agreement between the two companies which came into force in May 2018 , by which Equinor acquired a 50 % inter ...

OilVoice Press - OilVoice

Posted 4 months agoPress > EquinorEquinor EnergyPoland +2

Nigeria has highest capex on crude and natural gas projects in sub-Saharan Africa Over Next Seven Years, says GlobalData

Nigeria accounts for more than 34% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the sub-Saharan Africa over the period 2018–2025, according to GlobalData , a leading data and analytics company. The company's report: ‘H2 2018 Production ...

OilVoice Press - OilVoice

Posted 4 months agoOpinion > GlobalDataNigeriaCrude +5

CNOOC Signs Strategic Cooperation Agreements with 9 International Oil Companies

HONG KONG, Dec. 18, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, Conoco ...

OilVoice Press - OilVoice

Posted 4 months agoPress > CNOOCChina National Offshore Oil CorporationChevron +11

Total Announces the Distribution of its Second 2018 Interim Dividend

The Board of Directors met on December 12, 2018 and declared  the distribution of a second interim dividend for the 2018 fiscal year of €0.64 per share, in accordance with the Board's decision of July 25, 2018, an amount equal to the first 2018 interim dividend and an increase of 3.2% compared to t ...

OilVoice Press - OilVoice

Posted 4 months agoPress > TotalDividend

Methyl Tertiary Butyl Ether Capacity Will Grow at a CAGR of 16.8% in India Over Next Four Years, says GlobalData

India's Methyl Tertiary Butyl Ether (MTBE) plant capacity is forecasted to grow at a compound annual growth rate (CAGR) of 16.8% from 0.211 million tons per annum (mtpa) in 2017 to 0.460 mtpa in 2022, according to GlobalData , a leading data and analytics company. The company's report: ‘ Met ...

OilVoice Press - OilVoice

Posted 4 months agoOpinion > GlobalDataIndiaMTBE
All posts from oilvoice