Gulf Oil and Gas accountACCOUNT

Oceaneering Enters Strategic Agreement to Grow Asset Integrity Capability in Pakistan

Source: www.gulfoilandgas.com 12/23/2018, Location: Asia

Oceaneering International, Inc. (“Oceaneering”) announces that its subsidiary Oceaneering International GmbH entered into a strategic collaboration agreement with F&M Private Ltd (F&M Inspections) to explore opportunities to collaborate on asset integrity projects within Pakistan.

The aim is to provide customers with a modernized approach to delivering asset integrity services within Pakistan’s oil and gas and industrial sectors, through a full life-of-field capability that supports both CAPEX and OPEX projects in the region.

Bill Boyle, Senior Vice President for Oceaneering’s Asset Integrity Division says, “The collaboration agreement between F&M Inspections and Oceaneering establishes a holistic approach to delivering asset integrity solutions to both onshore and offshore customers in a new strategic location.

“Our global track record in managing complex integrity and inspection scopes for pipelines, coupled with F&M Inspections’ track record in-country enables us to provide a wide range of services including integrity management, risk-based inspections, and advanced and conventional non-destructive testing (NDT) across structures, pipelines and other static equipment.”

Syed Farukh Mazhar, Managing Director of F&M Inspections said, “We are extremely honored to partner with Oceaneering to provide a new approach to delivering asset integrity solutions to the Pakistan market. It provides the ability to engage with our customers early in the project life cycle, ensuring integrated project execution and leveraging next generation inspection technology and integrity management capability. Collaborating with Oceaneering, an established and respected global energy services company, is exciting and will increase the competitiveness of both companies in the region.”

Oceaneering’s Asset Integrity team comprises over 2,100 technically-focused people servicing clients at 24 global locations.

Asset Portfolio Management News in Pakistan >>

Azerbaijan >>  8/19/2019 - Petrofac, in a joint venture (JV) with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured an Engineering and Technical Services ...
India >>  8/19/2019 - INTECSEA Inc, a wholly owned subsidiary of Worley, has been awarded a project management consultancy (“PMC”) contract by Reliance Industries Limited (...

China >>  8/12/2019 - China based offshore and subsea solutions company, COOEC Offshore, has formed an alliance with international oilfield services company, Expro. The for...
India >>  8/6/2019 - BP and Reliance Industries Limited (RIL) have agreed to form a new joint venture that will include a retail service station network and aviation fuels...

Russia >>  8/2/2019 - Saipem has reached an agreement with Technip France and NIPIgaspererabotka to participate in the Joint Venture for the realization of the Arctic LNG 2...
China >>  7/29/2019 - TechnipFMC celebrated the first steel cut of the manifolds and subsea structures for CNOOC’s Liuhua 16-2 Oilfields Development Project recently. The m...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Pakistan Oil & Gas 1 >>  2 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.