Offshore drilling service alliance formed

Odfjell Drilling and William Jacob Management (WJM) have signed a co-operation agreement under which the companies will mutually deliver engineering services of offshore drilling facilities to the global oil and gas industry. The services will include conceptual and front end engineering and design (FEED) studies, project planning, procurement, commissioning/startup, construction management and maintenance.

Leveraging drilling expertise

The strategic partnership leverages Odfjell Drilling’s world-class drilling expertise in fixed and mobile offshore drilling units (MODU), including an impressive 6^th generation fleet, with WJM’s proven execution of high stakes capital projects, such as Peregrino, Polvo, Azurite, Berkut and the breakthrough modular offshore rig facility (MORF). The sum of their efforts will target clients in need of new build drilling facilities or maintenance to an ageing fleet.

Under the agreement, WJM will also provide engineering and project management services to complement and strengthen the execution teams of Odfjell Drilling’s projects globally.

The alliance will secure a unique combination of technical proficiency and operational capabilities sustaining a strong focus on innovative technical solutions that will improve operating results for customers. Ultimately, this alliance will provide an extended footprint for both firms, which have a market presence in major hubs throughout the oil and gas industry. This will, in turn, improve proximity to customers and enable diversity in locations for our engineering and project teams.

Adapted from press release by Cecilia Rehn

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/17102014/offshore-oil-and-gas-drilling-service-alliance-formed/