Schlumberger snags long-term Transocean contracts

Cameron, a Schlumberger company, has signed two 10-year pressure control equipment management service contracts on behalf of Transocean.

Offshore staff

HOUSTONCameron, a Schlumberger company, has signed two 10-year pressure control equipment management service contracts on behalf of Transocean valued at more than $350 million.

The first contract calls forSchlumberger to manage Transocean’s Cameron risers in the Gulf of Mexico. This comprehensive agreement includes storage, maintenance, inspection, repair, recertification, and data-driven riser management on the rigs.

Through the second contract, Schlumberger will provide a comprehensive suite of solutions to maintain and service BOP systems and other pressure control equipment for nine of Transocean’s ultra-deepwater and harsh environment drilling rigs.

Hunter Jones, president, Drilling Systems, Schlumberger, said: “This agreement leverages the core competencies of Transocean and Schlumberger’s capabilities as an original equipment manufacturer.”

These programs will help to reduce total cost of ownership for the offshore equipment and increase uptime associated with pressure control equipment, through integrated technical, operational and commercial solutions.

12/21/2016

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