CASE STUDY

Revenue Generation of ~$4 MN over three months Enabled Under Severe Time Constraints

Oil & Gas

Maintainance Services-Major Overhaul

Caterpillar make diesel engines

Rig owner had only 45 days in hand to complete Major Overhaul on four nos. of CAT 35 series engines.
Rig was located at Dubai Dry dock and the above timeline included supply of required spares
If the deadline was missed, there could have been a delay of over 90 days. This could have been a huge opportunity loss for the rig owner.
Due to space constraint inside engine room, at a time not more than two engines could be worked upon
In a similar situation previously, the rig owner had suffered 90 days deputation delay due to the inability of the local service provider to finish the job on time.

Neptunus has been a preferred partner to this customer in India. The customer trusted Neptunus to handle this challenging assignment in the UAE.
Neptunus’ project management team ensured mobilization of two service teams and delivery of required spares at site on time.
The teams overcame some teething problems pertaining to cramped space and labour shortage to manage movement of critical components like the crankshaft, old power packs, alternators & other old spares.
With the teams working almost 17 hours a day & with strong project management overhauling was completed on the 40th day. It took two more days to complete load trials & hand over the engines to the customer.

Rig owner deputed the rig on time and this enabled revenue of 90 days * $45,000 = $4mn
For the rig owner, the cost of engine overhauling by Neptunus was lesser than the local service provider.
The rig owner could also protect his reputation by delivering on the commitment to the charterer.