Delivering focused service to upstream and mid-streams offshore tiers
In 2022, the oil and gas sector yielded overall positive returns despite the backdrop of broad geopolitical instability and volatile energy prices.
Throughout the preceding operating period, INSB Class continued to provide focused service delivery and support in assisting offshore operators across various regions in addressing offshore regulatory compliance and operational reliability.
Geopolitical instability can have a significant impact on energy markets, including the oil and gas sector, due to factors such as supply disruptions, sanctions, and geopolitical tensions affecting global energy supply and demand dynamics. While positive returns in 2022 are a positive sign, the oil & gas industry remains sensitive to geopolitical developments and the ongoing transition towards cleaner energy sources, which could impact its long-term trajectory.
Enhancing Safety Standards
In 2022, INSB Class remained dedicated to ensuring the safety of its certified offshore assets, by conducting rigorous inspections, audits, and assessments aimed at identifying potential safety hazards, structural issues, and equipment deficiencies. INSB Class assisted its offshore customer base in proactively mitigating safety risks and establishing a secure working environment for their onboard personnel.
Offshore Regulatory Compliance
Staying up-to-date with the introduction and applicability of marine offshore regulations remained amongst our priorities. INSB Class kept a close eye on regulatory changes and worked closely with offshore operators to ensure their timely and effective compliance. This involved assisting in the implementation of safety criteria backed up by carefully planned on-board attendances, tailored to operator’s time frame and geographical locations.
Continuous Customer Support and Collaboration
Within 2022, INSB Class maintained a close dialogue and cooperation with offshore operators and extended its technical expertise, guidance, and dedication so that offshore operators could effectively navigate complex challenges and unpredictability.
Offshore fleet at a glance
In year 2022, INSB Class’s widening specialized services assisted our client base address offshore regulatory compliance, reduce risk, increase asset lifecycles, and ensure operational safety during the preceding operating period.
During the same time span, 20% of our total aggregate registered tonnage was comprised of Floating Installations assets under the INSB Class register, demonstrating our continued capability to serve Mobile Offshore Drilling Units, Floating Production Storage and Offloading Vessels, FSUs and other specialized types of offshore support vessels.
KEY OFFSHORE ASSET TYPES
SERVED IN 2022
No Data Found
% BREAKDOWN BY FLAG
OFFSHORE ASSETS SERVED IN 2022
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Notable Offshore Fleet Additions in 2022
With the purpose of witnessing and certifying the required operational safety, INSB Class surveyors conducted planned visits and provided a full suite of technical inspection, assessment, and verification services to assets operating in the Upstream and Midstream sectors of the offshore industry in 2022.
Some notable offshore entries of year 2022 are below reflected:
GARRA
TYPE: SELF ELEVATING PLATFORM
GT: 11556 | BUILT: 1986 | L x B: 86,91 x 89 MTS
FLAG: ST. VINCENT & THE GRENADINES
GRANNOS
TYPE: SELF ELEVATING PLATFORM
GT: 12460| BUILT: 1986 | L x B: 86,91 x 89 MTS
FLAG: ST. VINCENT & THE GRENADINES
