Aberdeen-headquartered ADC Energy has been awarded a third contract in Asia-Pacific (APAC) in the first quarter of this year.
The company will provide its specialist rig inspection services to a global exploration and production operator in Malaysia.
Estimated to be worth up to £1.5 million over three years, the deal opens the door for ADC Energy to target further growth in APAC, with a host of new vessels due to be constructed in the region in the coming years.
As part of its scope, the engineering consultancy will provide inspection and operational assurance audits of mobile offshore drilling units, fixed installations, and hydraulic workover units.
Harnil Singh, APAC operations manager at ADC Energy, said: “After working with the client for more than a decade internationally, we were pleased to be invited to tender for rig inspection services for their Malaysian operations.
“The company was not only impressed with our technical knowledge, but also encouraged by our longstanding experience in the region and ability to provide expert support on site through our regional team in Malaysia for the duration of the contract.”
© Supplied by Big PartnershipADC Energy’s base in the Malaysian capital of Kuala Lumpur is responsible for much of its operations in APAC.
From there it works with a number of global operators to provide tailored solutions to engineering challenges.
In addition, the rig inspection specialist also works on new build assurance and commissioning oversight for a number of clients in Singapore, China, and South Korea.
As the third contract in the region in a matter of weeks, Mr Singh is optimistic about further growth for the region.
He said: “As drilling activity continues to increase in Malaysia and the wider APAC region, we have seen an uptick in the number of new build drilling units being awarded contracts. We have been working closely with several rig owners and operators to ensure these units, which have been sat idle for the past few years, enter their maiden contracts operating as designed safely and efficiently.
“Likewise, with the surge in new build vessels being constructed in the Asia Pacific shipyards to support global offshore wind construction projects, we are ideally placed to leverage our new build jack-up and DP vessel assurance experience.
“Our expertise is particularly well aligned with mission specific vessels such as wind turbine installation vessels (WTIVs). Many of the equipment vendors and vessel designs are similar to mobile assets used in the oil and gas industry, and our subject matter experts have been specifically trained by OEMs such as NOV and Kongsberg in the latest automated vessel equipment and systems.”
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