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New contract worth more than $1 million

Published:  28 September, 2022

ADC Energy has announced it has secured a contract worth more than $1 million to deliver baseline condition assessments for five vessels for a North American company.

The drilling vessel owner’s business model sees the rigs being bareboat chartered to external contractors to manage as part of their respective drilling contracts for international operators.

As part of the scope of work, ADC Energy will conduct baseline condition assessments of all five rigs, utilising historical data gathered from ADC’s prior experience related to rig design, original equipment manufacturer equipment and non-conformance trends to identify areas of potential risk to safety and performance. As each rig is bareboat chartered to various rig managers, ADC will conduct periodic performance assessments to ensure each unit is handed back to the owner in an operational condition.

The five assets which will be supported as part of this contract include a 6th generation ultra-deepwater semi-submersible capable of operations in both harsh and benign environments, as well as four 6th generation ultra-deepwater drill ships. The assets, which are at different operational stages, are supporting drilling operations across the world.

Selected by the asset owner for their technical capability, ADC Energy’s experts involved in this project cover a wide variety of specialties, including drilling equipment, electrical and cyber control systems, dynamic positioning and marine operations, blowout preventer, and well control. This holistic approach ensures that all equipment and systems operate interdependently, as designed.

Austin Hay, director at ADC Energy said: “We pride ourselves on delivering robust assessments of the highest standard by understanding clients’ operational requirements and applying any lessons learned from previous projects. This contract is a testament to the trust our clients have in us and the wide range of expertise within our teams.

“The intention was to present our client with an accurate, independent assessment of the condition of all drilling and well control equipment on board each unit and to identify any areas of risk to performance and safety, ensuring peace of mind for both the vessel owner and the assigned rig managers.”

“This contract is a continuation of our relationship with the client, which we have been supporting with third party condition assessments since 2021. We are pleased to work alongside them once again to provide a pictorial view of the assets through detailed analytics and digital reporting.”

Headquartered in Aberdeen, ADC Energy has offices in Houston, Kuala Lumpur, and Singapore.

Austin and Douglas Hay (L-R).

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