VANTAGE DRILLING
Maturing Vantage Drilling ’ s supply chain function over the last six years , with full buy-in from senior management , has seen the department morph from support to partner , says Director of Supply Chain Andy Poosuthasee
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B ased in Houston , Texas , Vantage Drilling is one of the most effective players in that specialized niche of the oil & gas business : offshore drilling . Offshore operations are generally not as easy as onshore or littoral operations – major , national and independent oil and natural gas companies require a dependable partner to carry this out . Vantage has five ultra-premium jackup rigs capable of operating in up to 375ft of water and drilling to depths of 30,000ft . It also has three ultra-deep-water dynamically positioned drillships designed to operate in water depths down to 12,000ft and drill to 40,000ft .
It ’ s no secret that the entire oil & gas sector is on a slow climb back from its boom days . According to the industry analyst Rystad , offshore drilling in particular may not fully recover till 2027 . This has affected drilling contractors like Vantage in a number of ways , says its Director of Supply Chain Andy Poosuthasee . The most notable of these is
MAY 2019