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Asset Evaluation

Condition survey of drilling rig for potential P&I (Protection and Indemnity) coverage


Client:  International P&I Club
Industry: P&I Insurance / Marine Insurance
Asset: Jack-up rig
Location: Gulf of Mexico
Year: 2018

Challenge

An international P&I Club had concerns regarding the state and condition of a drilling rig in the Gulf of Mexico. The rig was functioning as an accommodation and power supply unit, but its class certificate had been suspended. This status was not within the standard framework of the P&I Club’s coverage. In order to maintain insurance coverage, the Club required that a survey be carried out to get a better overview of the status, condition and associated risk of the rig. Axess was asked to design and execute a comprehensive condition survey focused on identifying the potential risks to the asset and the safety of its crew.

Solution

Axess established a cross-disciplinary team and tailored a rig-wide checklist that mapped the physical condition of the asset, its safety systems, on-board management, and other aspects that specifically addressed the safety concerns raised by the client. An experienced marine surveyor was mobilized to the rig and executed the survey on time.

Two days after the survey, a comprehensive report was submitted to the client, summarizing the findings and recommended actions, complete with an image log for reference.

Results

The rig was found to be in a generally poor condition with coating breakdown and extensive corrosion, but without imminent risk of structural failure. The safety and firefighting equipment were in good condition, and all the safety related findings were reported and corrected. The client gave excellent feedback on the work performed and had a sufficient basis for making decisions for future coverage of the rig.

Contact Information

Molde
Axess AS
Oscar Hanssens vei 5
6415 MOLDE
+47 982 43 600
Aberdeen
Axess North Sea Ltd.
Units 6 & 19 Robert Leonard Centre
Howe Moss Drive, Kirkhill Industrial Estate, Dyce AB21 0GG, UK
(duty): +44(0) 7912212854
St. John's
Axess Baffin Inc.
702 Water Street, Suite 201
St. John's, Newfoundland
+1 709 758 7937
Bergen
Axess AS
Kokstadflaten 35
5257 Bergen
(duty): +47 982 43 600
Houston
Axess North America Inc
15915 Katy Freeway, Suite 501
77094 Houston, TX
+1 (281) 994-0367
Villahermosa
+1 (281) 994-0367
Stavanger
Axess AS
Koppholen 25, 4313 Sandnes
Stavanger, Norway
(duty): +47 982 43 600
Rio de Janeiro
Axess do Brasil Ltda
Rua Dezenove de Fevereiro
171 - Botafogo
CEP 22280-030 Rio de Janeiro
+55 (21) 4108-0532
Accra
Axess Petrorig Ghana Limited
3rd floor, The Pelican
8 Blohum Street, Dzorwulu, Accra, Ghana
+233 (0) 30 397 0548
Luanda
Rainha Ginga
127 Luanda, Angola
+27 82 202 5266
Cape Town
Axess Africa Ltd.
1 Nares Street
Observatory
7925 Cape Town
+27 82 202 5266
Trondheim
Axess AS
Nedre Bakklandet 58C
7014 Trondheim
(duty): +47 982 43 600
Orkanger
Axess AS
Grønøraveien 1
Orkanger
7300 Orkanger
(duty): +47 41 78 06 30
Oslo
Axess AS
Filipstad Brygge 1, 3rd Floor
Oslo, Norway
(duty): +47 982 43 600
Busan
Axess Offshore Korea LLC
#103 (Aju-dong Hyunjin Evervil) B1 Yang 1-gil, Geoji-Si
Gyeongsangnam-do, South Korea
+82 10 8929 2016
Mumbai
Axess Offshore (Mumbai)
Alpha, 2nd Floor Unit No. 201
Hiranandani Gardens Powai, Mumbai
India
Singapore
Axess Offshore Pte Ltd
Nordic European Centre #05-31 South Wing
3 International Business Park
609927 Singapore
+65 6908 4174
Perth
Axess Offshore Australia Pty Ltd
140 St Georges Terrace L28,
Perth WA 6000
+61 4 3373 0739
Perth
Axess Offshore Australia Pty Ltd
140 St Georges Terrace L28,
Perth WA 6000
+61 4 3373 0739
Map of DepartmentsMoldeAberdeenSt. John'sBergenHoustonStavangerVillahermosaRio de JaneiroAccraLuandaCape TownTrondheimOrkangerOsloBusanMumbaiSingaporePerth