At LR, we understand the difficult decisions you face, as a rig owner, in today’s market when committing resources to reactivate a stacked drilling rig.
A reactivation process can be extensive and unpredictable. We help you achieve the first crucial step in maximising your return on investment; ensuring the cost efficient reactivation of the drilling unit on time and within budget.
What we offer
Our reactivation Services can assist you in achieving a more efficient and higher quality reactivation of your Mobile Offshore Drilling Unit (MODU), helping you meet Class requirements and industry expectations. We can assist with the entire management of the reactivation, or simply conduct a specific phase of the project scope based on your requirements.
A MODU that has been stacked for more than six months will require a level of reactivation by Class, however the level and depth of a typical Class reactivation will probably not be sufficient to provide confidence for new owners or hirers, who are mainly concerned with the drilling aspect of a MODU.
Our extensive expertise covers the scope of classification and the drilling systems:
If you’re planning to reactivate a rig in-house, using your own management and personnel, we can offer an Assurance Service as a third party independent company, that will help to verify work performed and provide more credibility of the units’ ability to perform. This can help increase the marketability of the rig to potential clients.
Certification and Compliance
Depending on where the rig is intending to operate, there will be a need to comply with requirements from authorities such as DECC / PSA / NOPSEMA. We provide a level of assurance that all systems and components of the MODU are inspected, tested, fit for purpose and meet compliance as per Class, Regulatory and industry requirements.
What are the benefits?
- Safe and credible reactivation
- Ensure drill rig reliability
- Regulatory compliance
- Achieve competitive marketability
Why choose LR?
Our renowned technical knowledge coupled with our recognised independence ensures that we focus on finding the right solution for you in the most cost-effective way. Following our acquisition of WEST Engineering Services (2012) and ModuSpec (2008), we offer the world's most comprehensive suite of technical services to owners and operators of drilling rigs. Our world class services and support are recognised globally, with our reputation for technical excellence, safety and trust speaking for itself, having inspected over 80% of the world’s offshore oil rigs.
Who we work with
We help businesses across dozens of sectors push forward and achieve like never before. How can we help you?
Cost-risk evaluation leads to deferred P&A.
We helped our client save cost compared with conducting a full plug and abandonment project, deferring unnecessary CAPEX for 10 or so years.
What we think
LR's experts regularly share their research and insights.