Rig inspector ModuSpec has begun 2025 with a series of offshore contracts for international oil companies worth over £250,000.
The contract awards relate to the intake of two cyber jack-up drilling rigs and two semi-submersible drilling units, it said January 21. They will work on plug and abandonment operations for international oil companies at fields that have stopped production.
Previously owned by Vysus Group, ModuSpec has been working in UK waters for nearly 40 years. It said: “We promote collaboration during service delivery to ensure our client gains from additional value and efficiency, our key differentiator in the market.” The company was sold to MR Group last March.