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Member News30th Nov 2022

Valaris, Survitec renew contract for another 3 years

Offshore drilling operator Valaris has renewed the service agreement with survival appliances provider Survitec for another three years.

Explaining its decision in a November 30 announcement, Valaris referred to Survitec’s more than 400 service stations globally and its streamlined lifesaving appliance maintenance.

The master service and supply contract, originally signed in 2016, covers the annual and five-year inspection, servicing, and maintenance of lifeboats, davits and fast rescue crafts. Valaris has a global fleet of 11 drill ships, five semi-submersibles and 36 jack-up rigs.

“Ultimately, offshore oil and gas operators benefit from a single service provider without the administrative burden and costs associated with contracting multiple service partners,” Survitec said.