To comply with the recently issued API 53, a Transocean subsidiary has signed a contract with Oceaneering International to add subsea blowout preventer (BOP) control systems to three existing semisubmersibles. API 53 requires subsea BOPs with a single shear ram to be upgraded or replaced.
The contracts, totaling more than $40 million, are for discrete hydraulic systems to be used on the drilling rigs. They will be manufactured at the Oceaneering Intervention Engineering facility in Houston, with deliveries expected in Q4 2013 and Q1 2014.
“These contract awards are evidence of our ability to provide subsea hardware engineered to provide superior quality, performance and reliability. Our BOP control systems are engineered to meet these criteria and to have low maintenance requirements, thereby maximizing rig uptime,” M. Kevin McEvoy, Oceaneering president and CEO, said.