PRESS RELEASE: DEEP SEA MOORING ANNOUNCES MULTI-YEAR AGREEMENT WITH DIAMOND OFFSHORE

29 January 2019

DOCK90_Drilling-Rig-Illustration

Vryhof, a trusted partner to many of the offshore industry’s leading companies and its mooring business - Deep Sea Mooring (DSM), today announced the signing of a multi-year agreement with Diamond Offshore, a leader in offshore drilling.

Under the terms of the agreement, DSM will provide mooring and related equipment to several of Diamond’s rigs and will work closely with Diamond in developing Diamond’s industry leading Mooring Integrity Management System (MIMS) for offshore operations. MIMS was developed in conjunction with DSM’s subject matter experts and will ensure that mooring integrity for Diamond’s mobile offshore drilling units are of the highest standard. Diamond’s MIMS covers procurement standards, inspection and maintenance standards, certification requirements, risk exposure and protocols, design and assessment standards, and operational practices.

Diamond Offshore is a leader in offshore drilling, providing contract drilling services to the energy industry around the globe with a total fleet of 17 offshore drilling rigs, consisting of 13 semisubmersibles and four dynamically positioned drillships. Equipment that DSM will provide to Diamond as part of the base package in the agreement includes a broad array of high quality mooring equipment. DSM will also provide engineering and rig services expertise as part of the agreement.

Wolfgang Wandl, Group CEO at Vryhof, said: “Not only are we committing to a ten-year partnership agreement for the provision of mooring equipment to Diamond, but we will also be working closely together on the latest advanced mooring integrity management systems with regular meetings throughout the year.”

He continues: “In these challenging times, drilling contractors are looking to embrace engineering innovations that reduce non-productive time and risk, protect asset integrity, and ensure maximum efficiencies. We are confident that we will achieve this for – and with Diamond through this unique business model.”

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