Wärtsilä, Transocean Announce Maintenance Program

Thursday, May 06, 2004
Wärtsilä North America signed a contract with Transocean for a Conditioned Based Maintenance (CBM) program. The contract covers three Transocean properties: the Deepwater Millennium and Deepwater Pathfinder drill ships and the Deepwater Nautilus semi-submergible drill rig. Financial terms of the contract were not disclosed.

"CBM contracts have been useful in other industries as a way for operators and owners to extract the maximum value out of their maintenance dollars spent," said Steve O'Leary, Technical Field Support Manager for Transocean's North American region. "In this case, Transocean and Wärtsilä are partnering to take an 'intelligent maintenance' approach by evaluating the exact condition of individual engines on a real-time basis. By taking into account the actual operating conditions, rather than basing maintenance decisions on a set schedule, we expect to save $5 million over five years by changing parts intelligently and extracting maximum value from those parts."

Under the terms of the CBM contract, engine operating data is continuously transmitted from offshore rigs to Wärtsilä's analysis center in Finland. Wärtsilä provides monthly reports on maintenance needs, based on established guidelines and the specific operating conditions. Parts can be pre-ordered and stocked in advance, reducing rush delivery costs. For offshore rigs, helicopters are used to deliver personnel and parts as needed, in addition to an annual physical inspection.

Wärtsilä has existing CBM contracts on Wärtsilä Power Plants and ships at 60 installations globally, but the Transocean contract is the first for offshore rigs. "Wärtsilä is proud to be the first engine manufacturer in the world to provide a CBM contract to the offshore drilling industry," said Bill Malacrida, President of Wärtsilä North America. "This arrangement allows us to provide better service to the customer by partnering with them, giving us greater access to operational data and more responsibility as a support partner to keep the engines running properly."

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

RoRo Ship Enters Operation for WWL

Wallenius Wilhelmsen Logistics welcomes into operation the M/V Thermopylae, the first of its new generation of Post Panamax HERO (High Efficiency RoRo) PCTC vessels.

Containership Becomes Largest to Sail the Thames

The Munkebo Maersk became the largest ship to ever sail up the River Thames as it called at DP World London Gateway, the U.K.’s newest deep-sea port hub. The 399-meter-long,

Rolls-Royce to Power Zhuhai Ferries

Rolls-Royce has been selected to supply waterjets and high speed MTU diesel engines to power two new aluminium catamaran fast ferries for Chinese ferry operator

Offshore

Ulstein Verft Delivers 'Blue Queen’

On 24 February 2015, ‘Blue Queen’ a platform supply vessel of the PX121 design, was delivered to Blue Ship Invest from Ulstein Verft. This vessel is the first

Indonesia Upbeat Ahead of IORA Chair

Indonesia is gearing up to turn its foreign policy focus westward when its role as Indian Ocean Rim Association (IORA) chair begins later this year, reports Jakarta Post.

Petrobras Scandal About to Hit Brazil's Political Class

Brazil's top prosecutor is expected to file charges in coming days against politicians implicated in the Petrobras corruption scandal, a political bombshell that

 
 
Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
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: 0.1916 sec (5 req/sec)