Upstream contracts review: drilling support services contracts prominent in August 2017

19 September 2017 (Last Updated September 19th, 2017 05:08)

The upstream sector reported 155 awarded contracts in August 2017, with Operation & Maintenance (O&M) scope contributing the largest chunk with 72 percent of the awarded upstream contracts.

Upstream contracts review: drilling support services contracts prominent in August 2017

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Upstream Contracts by Scope and Count, August 2017

The upstream sector reported 155 awarded contracts in August 2017, with Operation & Maintenance (O&M) scope contributing the largest chunk with 72 percent of the awarded upstream contracts. These contract were for the provision of jack-up, semi-submersible, and mobile land drilling rig; Anchor Handling Tug Supply (AHTS) vessel; Platform Supply Vessel (PSV); Construction Support Vessel (CSV); provision of a mobile software inspection and maintenance product; Provision of surface, scaffolding and Non Destructive Testing (NDT) services, Insulation, Scaffolding and Surface Treatment (ISS) services,  maintenance plan for all topside equipment; provision of topsides inspection and integrity support services including advanced NDT techniques, such as pulsed eddy current, Non-Intrusive Inspection (NII) and associated inspection techniques such as corrosion mapping, Time of Flight Diffraction (ToFD) and Unmanned Aerial Vehicle (UAV) services as well as corrosion, structural, and inspection engineering support services; provision of Inspection, Repair and Maintenance (IRM) services; Remotely Operated Vehicle (ROV) and subsea services; and provision of rope access services.

Contracts with multiple scopes, such as construction, design and engineering, installation, O&M, and procurement, accounted for nine percent of the contracts awarded in the upstream sector in August 2017. There were contracts for the provision of subsea and well test services; provision of drilling and maintenance services, engineering and downhole tool rental services, and permanent plugging and abandonment – decommissioning services; Engineering, Procurement, Construction, and Installation (EPCI) of subsea pipelines and undertake post-trenching and backfilling works; supply, installation supervision, and commissioning works for gas compressor units; provision of riserless mud circulating system services including installation of mud recovery system; construction and Subsea, Umbilicals, Risers, and Flowlines (SURF) installation services; and provision of engineering studies for the decommissioning.

Design and engineering accounted for eight percent of the awarded upstream contracts, with activities focused on the provision of 3D multi-client broadband reimaging; 2D/3D seismic data acquisition; and Pre-Front End Engineering and Design (Pre-FEED) and FEED services for field development project

Procurement accounted for a mere six percent of the awarded upstream contracts, which included the supply of engineered components and deck crane for offshore operation; supply of corrosion monitoring systems; hoses; pneumatic actuators; pumps; and production and drilling equipment.