Oceaneering International, Inc. announced that its subsidiary Oceaneering International GmbH has partnered with F&M Private Ltd (F&M Inspections) to explore opportunities to collaborate on asset integrity projects within Pakistan.
The strategic collaboration agreement aims to provide customers with a modernized approach to delivering asset integrity services within Pakistan’s oil and gas and industrial sectors, through a full life-of-field capability that supports both CAPEX and OPEX projects in the region, Oceaneering said.
Bill Boyle, Senior Vice President for Oceaneering’s Asset Integrity Division, explained, “The collaboration agreement between F&M Inspections and Oceaneering establishes a holistic approach to delivering asset integrity solutions to both onshore and offshore customers in a new strategic location.
“Our global track record in managing complex integrity and inspection scopes for pipelines, coupled with F&M Inspections’ track record in-country enables us to provide a wide range of services including integrity management, risk-based inspections, and advanced and conventional non-destructive testing (NDT) across structures, pipelines and other static equipment.”
Syed Farukh Mazhar, Managing Director of F&M Inspections, said the partnership provides a new approach to delivering asset integrity solutions to the Pakistan market. “It provides the ability to engage with our customers early in the project life cycle, ensuring integrated project execution and leveraging next generation inspection technology and integrity management capability,” he added.