Client Challenge
The drilling ship was stationed at Labuan anchorage under a warm lay-up, with its drilling team onboard to maintain critical drilling equipment. However, the client faced mounting operational costs and required a solution that would:
- Reduce crew and overhead costs
- Ensure drilling equipment remained fully protected
- Maintain operational readiness without compromising asset integrity
Altus’ Solution
Altus developed a customised economical lay-up and preservation package designed specifically for the client:
- Crew size reduced by 95%, immediately cutting manpower-related costs.
- Preservation activities implemented to safeguard drilling equipment against degradation.
- Cost-optimisation measures integrated without jeopardising equipment reliability.
The Results
- Significant cost savings achieved through reduced crew and streamlined operations.
- Full integrity of drilling equipment maintained, ensuring readiness for reactivation.
- Balanced approach that allowed the customer to cut expenses while protecting critical assets.
Altus Oil & Gas Malaysia is capable of designing fit-for-purpose lay-up and preservation strategies that not only reduce operational costs but also extend equipment life and protect investment value. By tailoring solutions to client-specific needs, Altus helps operators safeguard assets while stayin financially efficient.
