GE announces $180 million Transocean performance-based service agreement

GE announces $180 million Transocean performance-based service agreement

Lorenzo Simonelli, president and CEO, GE Oil & Gas. “When cost and risk are at the top of operators’ minds, we share the responsibility by investing in equipment uptime and performance.” The agreement leverages GE’s digital capabilities to shift from event and calendar-based maintenance to condition-based monitoring and maintenance. Working with GE on parts forecasting and service scheduling will allow Transocean to optimize operations by proactively planning and minimizing between-well maintenance.

“We are evolving our business and enhancing our digital offerings to match the needs of our customers,”
Simonelli said. “Digitization truly is the single largest step change for the industry and the foundation for its future.” Source / More on: GE Oil & Gas Oil and Gas Press Oil and Gas News Undiluted !!! “The squeaky wheel gets the oil” Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook]]>

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