Service Agreement Safeguards Power Supply Offshore

Monday, December 13, 2004
Petroleum Geo-Services (PGS), a Norwegian oilfield service company, has awarded a five-year Service Agreement to Wärtsilä covering maintenance of the power plants onboard three offshore FPSO (Floating, Production, Storage and Offloading) vessels. The agreement applies to the Petrojarl Foinaven, the Petrojarl Varg and the Petrojarl 1, which are operating in the North Sea and the north Atlantic ocean. With Wärtsilä maintaining the vessel's power plants at all times, Petroleum Geo-Services is able to concentrate on its core business of offshore capabilities in floating production and storage facilities. The ongoing power plant servicing provides the vessels with optimized availability together with cost savings, risk mitigation and financial predictability.

The new Service Agreement is an extension of the first Service Agreements between Petroleum Geo-Services and Wärtsilä which were signed back in June 1999 for the Petrojarl Foinaven's 51 MW power plant, in November 1999 for the Petrojarl Varg's 36.7 MW power plant and in January 2002 for the Petrojarl 1's 12 MW power plant. Wärtsilä has had a permanent power plant maintenance crew onboard the three vessels at all times since January 2002. During overhauls, Wärtsilä sends additional service crew to complete the job within the time required. Wärtsilä also supplies all spare parts and consumables. The purpose of this commitment is to keep unplanned downtime as short as possible.

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Power

USS Constitution Not to Set Sail Until 2018

The crew of USS Constitution embarked on their final Boston Harbor underway demonstration aboard Old Ironsides this year, Oct. 17. Constitution set out into

Swissco Extends Monohull Crewboat Fleet

Incat Crowther announced that Cheoy Lee has delivered a second pair of 36m Monohull Crewboats to Singapore-based operator Swissco Holdings. Swissco Spring and

GE Helps US Navy Improve Energy Efficiency

GE’s Power Conversion business was chosen by Naval Facilities Engineering Command (NAVFAC) to build a test system for a cleaner and more productive future in full

 
 
Maritime Contracts Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1311 sec (8 req/sec)