Cameron, a Schlumberger company, has signed two 10-year pressure control equipment management service contracts with Transocean valued at more than $350 million.
The first contract calls for Schlumberger to manage Transocean’s Cameron risers in the Gulf of Mexico.
The work scope includes storage, maintenance, inspection, repair, recertification and data-driven riser management on the rigs.
Through the second contract, Schlumberger will provide a suite of solutions to maintain and service blowout preventer (BOP) systems and other pressure control equipment for nine of Transocean’s ultra-deepwater and harsh environment drilling rigs.
“This agreement leverages the core competencies of Transocean and Schlumberger’s capabilities as an original equipment manufacturer,” said Hunter Jones , president, Drilling Systems, Schlumberger. “Our leadership in technology, hardware and software along with the ability to enhance the value of the data provides a foundation for improving operational performance and availability of pressure control equipment.”