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ABS - Home News Press Room 2016 ABS Releases MODU Lay-up, Reactivation Guide

For Immediate Release
May 02, 2016

For more information, contact:
ABS Media Relations

Media@eagle.org

ABS Releases MODU Lay-up, Reactivation Guide

Guide provides stacking information along with guidance for moving rigs back into operation quickly and safely.

(Houston) ABS, the leading provider of classification services to the offshore industry, has published a guide to help drilling asset owners carry out rig layups. The new ABS Guide for Lay-Up and Reactivation of Mobile Offshore Drilling Units provides requirements for stacking units based on the type of lay-up to be carried out and provides valuable information for moving rigs back into active operation.

“With global drilling fleet utilization down to nearly 70 percent, asset owners are laying up rigs, and they are looking to ABS for guidance,” says ABS Executive Vice President of Global Offshore Ken Richardson. “Our Lay-Up Guide provides information for maintaining assets while in lay-up status and outlines a process for laying up rigs and moving them back into service in a way that is streamlined and straightforward.”

The Guide includes information on cold-stacked and warm-stacked assets and introduces “Enhanced” status for laid-up units, a designation that notes the lay-up location and procedures for the unit have been reviewed and verified by ABS in accordance with this Guide.

The ABS Guide provides requirements that cover the location, mooring arrangements, a risk assessment and the level of emergency response capability needed and includes requirements for reactivation that verify the unit is in a safe condition to move onsite and begin operations.

The ABS Guide for Lay-Up and Reactivation of Mobile Offshore Drilling Units is available for free download at www.eagle.org.

About ABS

Founded in 1862, ABS is a leading international classification organization devoted to promoting the security of life and property and preserving the natural environment through the development and verification of standards for the design, construction and operational maintenance of marine and offshore assets.