Oceaneering Awarded Maintenance Engineering Framework Agreement

February 28, 2021 – Houston, Texas – Oceaneering International, Inc. announces that its Integrity Management and Digital Solutions (IMDS) group has been awarded a framework agreement covering maintenance engineering for all Equinor’s business areas.

The agreement, beginning 1 January 2022, is for four years with two, two-year options to extend. It covers all assets from subsea to topside globally – including fixed and floating offshore wind installations – from Front-End Engineering Design (FEED) to operations. The contract will employ over 70 engineers worldwide.

The scope of work includes project management; planning, preparations, and data management for predictive and preventative maintenance campaigns; computerized maintenance management services; spares management and optimization; bespoke maintenance strategies; critical analysis strategies including failure mode, effects, and criticality analysis (FMECA), asset register planning; equipment reliability-centered maintenance (RCM) analysis, full asset maintenance program optimization, and other services.

“This contract demonstrates that continuous improvement and consistent delivery across projects and assets are essential to high-quality maintenance management,” said Per Ole Fredagsvik, Sales Manager for IMDS at Oceaneering. “Our approach to managing teams and talent ensures the continued safe and reliable operation of assets throughout their lifecycle, while adapting to changes in requirements and guidelines, and incorporating lessons learned.”

Ben Hooker, Director of Global Business Development for Renewables at Oceaneering said, “Oceaneering’s renewables group is delighted to be a part of this global framework. This aligns with our competency, technology, and strengths in oil and gas, and leverages these into the areas of energy transition, electrification, and digitization.

“Pivoting from our Risk, Reliability, and Maintenance (RRM) offering, we are utilizing smart devices, communications, quality and insights to establish a transition between the physical and digital worlds,” Hooker added. “This global contract supports the transformation from traditional oil and gas development into next-generation offshore wind and energies beyond.”

Oceaneering has been on a journey with Equinor for over 15 years. “Both organizations have established centers of excellence within the maintenance management field and share common values and an uncompromising commitment to health, safety, and the environment,” Fredagsvik added.