New contract signed
XPD8 Solutions, an asset integrity management specialist, has secured a significant two-year contract with CNR International.
The agreement will see the Aberdeen-headquartered firm providing condition-monitoring services to five CNR platforms in the North Sea. Having already provided cover to CNR International’s UKCS assets over the past eight years, this latest contract will take XPD8 to a decade working for the Canadian independent oil and natural gas production company.
Gordon Ellis, operations director at XPD8, said: “This latest award from CNR International shows that as well as expanding globally we continue to provide a valuable service in our own back yard. The downturn facing the oil & gas industry has made it more important than ever for operators to know their equipment is working at optimum levels. Effective condition monitoring is crucial in ensuring that production continues at the desired rate. In addition, the correct system will flag up where machinery is not running efficiently, helping to avoid breakdowns and the costs this ensues in downtime and repairs.”
Formed in 2003, XPD8 is a privately owned company, which provides skilled engineers for all areas of the asset management process. Earlier this year the company revealed it had secured a contract in Ghana with Tullow Oil to migrate its existing computerised maintenance management system (CMMS) to the Maximo software package. The system supports planning, scheduling, performance monitoring and reporting of asset integrity key performance indicators at the Jubilee floating production, storage and offloading (FPSO) vessel.