Preservation of Equipment and Inventory Management at OSBs

Project Description

With reduction in Offshore and Onshore E & P investments, the spares and capital equipment has become surplus. The stockpiles at OSBs may be increasing. If the capital equipment and special sub-sea materials like drill pipes, slick lines, gear boxes, electrical and electronic parts if not preserved properly, will cause major loss to the owners like E & P contractors and NOCs or IOCs.