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Leading International Offshore Driller Selects Oniqua to Overhaul Critical Spares Inventory

Driller to utilize Oniqua software and services to reduce downtime, improve reliability and cut costs

Oniqua Intelligent MRO ("Oniqua"), a leading provider of analytics-based MRO inventory optimization solutions for asset-intensive organizations, today announced that one of the leading international providers of offshore contract drilling services for oil and gas wells has selected Oniqua to optimize its MRO critical spare parts and materials inventory.

“Our latest partner in the offshore drilling space has a particular focus on achieving operational performance improvements through a combination of asset reliability, operations and maintenance cost reduction initiatives,” said Steve Herrmann, Executive Vice President Sales and Marketing, Oniqua Intelligent MRO. “We look forward to helping them optimize their investment in critical spares and materials that support their maintenance activities to positively impact both reliability and cost reduction objectives.”

The international driller operates a fleet of over 50 mobile offshore drilling units, as well as ultra-deepwater floaters, harsh-environment floaters, deepwater floaters, midwater floaters and high-specification jackups.

Oniqua’s work with the Company will focus on the optimization of the driller’s MRO critical spares inventory. Better management of critical inventory will help to ensure that parts can be more quickly and efficiently transported to, and managed at, work sites. This will help keep the company’s rigs up and running without delays, minimize downtime, cut unnecessary costs related to spares and materials, and help avoid other negative consequences related to not having the right parts at the right place and at the right time.

“We’ll begin our work by defining a sound critical spares methodology and conducting a thorough analysis of the Company’s inventory and active fleet. Then, we’ll generate an onshore centralized sparing plan for critical and non-critical inventory. Execution of this plan will, over time, help to optimize the Company’s overall operating efficiencies and performance,” said Herrmann.