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Asset Management



Maintaining expensive, and job critical ROV tooling is neglected by many subsea field operators with the end result being tooling arriving at the job site in a non-operational condition. A missing hose, handle, fitting or test certificate can be the cause of very costly operational down time.

Many companies who own subsea ROV tooling assets lack the facilities and in house systems to properly deal with these items, with the end result being neglected tools left to corrode and deteriorate to the point where they are no longer able to be used.

TMT’s Asset Management Department offers a full “life of asset” service which takes care of the storage, insurance, maintenance, mobilisation and de-mobilisation of your tooling assets in a cost effective and open reporting system. Rather than just offer a simple storage facility, Total Marine Technology will track, mobilise and maintain your assets in order to achieve the best return on investment of your subsea ROV tooling.

On receipt of a new tool to the TMT Asset Management Department, a full inspection and maintenance report is completed to highlight any operational deficiencies and establish a service and repair plan. Our aim is to ensure that the tool is “offshore ready” at all times. Our process includes the replacement of any missing or damaged items with OEM Components. From then on, the TMT Asset Management team log and report all stages of your equipment’s life-cycle using specialised, in-house developed software. All assets start their life tagged, labelled, coded into the system and properly stored for use.

Upon receipt of a mobilisation request, tooling is operationally checked by people who know ROV tooling and can identify shortfalls in inventory, such as missing hoses and connection cables. Our process assures that critical job-related tooling arrives at the job site ready to do the operation for which it is intended. All certification, service records, operation and maintenance manuals and inventory are supplied with the tool so that nothing is left to chance.

When the de-mobilised tool is received at our Bibra Lake facility, an inventory check takes place and any missing or damaged items are notified to the owner for possible financial recovery from the previous user. Post operation maintenance is then carried out and, on completion, tool status, location, maintenance records and test certificates are uploaded onto our asset data base ready for the next campaign.

TMT also offers a secure web-based client login so that tool status and location can be checked and current certificates and records can be accessed and downloaded.

The TMT facility in Bibra Lake offers a full lifetime service for your subsea equipment and the TMT Asset Management team take care of every aspect of the equipment’s operational life. We can even supply offshore tooling technicians for your offshore service needs.

Customer service is paramount to the TMT asset team and our satisfied clients will confirm that they made the right decision when they handed their ROV tooling assets to TMT to manage.