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ONGC matches rig move record

23 June 2017 – The Oil and Natural Gas Corporation Limited (ONGC), with the support of AqualisBraemar, has matched its own pre-monsoon rig move record set last year offshore India. AqualisBraemar has also secured a new contract extension to support ONGC.

ONGC executed a total of 33 jack up rig moves in April, May and June this year. Most the rigs were located on the west coast of India with one jack up on the east coast. AqualisBraemar, working together with the ONGC Rigmove cell, assisted with most of these moves, placing each rig on its respective monsoon location before the onset of the seasonal adverse weather conditions.

AqualisBraemar conducted the work with mariners from the company’s Dubai office and with engineering support from London, UK.

“Last year I commented that ONGC’s pre-monsoon rig move was an impressive milestone in Indian offshore operations. This year’s achievement is just as remarkable. It is a huge logistics challenge that has been solved safely and effectively by everyone involved,” says Rodger Dickson, Group Marine Director, AqualisBraemar.

In May this year, following last year’s successfully executed rig moving campaigns, United India Insurance Company once again reappointed AqualisBraemar to provide marine warranty services to the Oil and Natural Gas Corporation Limited’s (ONGC) assets offshore India.

Under the agreement, AqualisBraemar will continue to provide marine warranty services to ONGC’s fleet of jack-up rigs and mobile offshore production units (MOPU) in Indian waters.

AqualisBraemar, part of Oslo-listed Aqualis ASA, is a specialised marine and offshore engineering consultancy focusing on the shallow and deep-water segments of the offshore oil and gas industry.

 

ENDS

 

For further information, please contact:

Media
Endre Aaberg Johansen, Corporate Communications AS, tel: +47 41 61 06 05, email: endre.johansen@corpcom.no.

Investors
Kim Boman, CFO, Aqualis ASA, tel: +47 959 63 912, email: kim.boman@aqualis.no

About Aqualis ASA
Aqualis ASA (OSE: Aqua) is a public company that, through its subsidiaries and associates, offers energy consultancy services to the oil and gas, wind and solar sectors globally. The group employs experienced consultants across 22 offices in 15 countries worldwide. Aqualis ASA operates under three different brands: AqualisBraemar, Offshore Wind Consultants and ADLER Solar. AqualisBraemar is a specialized offshore marine and engineering consultancy firm, focusing on the shallow and deep-water offshore segments of the oil and gas industry. Offshore Wind Consultants is a globally focused consultancy providing independent services to the offshore renewables industry. ADLER Solar is a full-service provider for the PV industry. It offers technical solutions and services for the entire life cycle of photovoltaic plants. Aqualis owns 49.9 percent of ADLER Solar.