Several Operators had combined to find a solution to overcome the commercial challenges related to contracting harsh environment drilling units for individual short-term programs offshore Australia. Zenith was engaged to manage the consortium and source a suitable drilling unit to meet each client's objectives.
Objectives
- Perform rig market enquiry, tender and evaluation for a harsh environment MODU suitable for client scopes offshore Victoria
- Manage and co-ordinate the consortium, create project governance and framework
Method
- Developed structured, transparent and impartial framework to drive alignment
- Facilitated and managed each client's expectations based on years of consortium and rig contracting experience
- Initiated early and regular communication between all key stakeholders
- Engaged with global drilling contractors, presented opportunity for shared value
- Rigorous rig evaluation based on Zenith Rig Intake Procedure
Challenges
- Complexity of aligning each client's objectives and requirements
- Differing client contracting models, legal frameworks and risk appetites
- Market constraints engaging drilling contractors in region with limited MODU availability
- Tight timeline for project, and highly regulated region of operation
Outcomes
- Client satisfaction with operating framework and rig contracting
- Significant cost savings across services, mob/demob, logistics and execution
- Rig contractor mobilised unit from outwith Australian market – appealed to scale and potential with project
- Zenith rewarded subsequent scopes for well services contracting, reaffirming value add
- Campaign attracted global rig interest and expanded operating fleet in Australia