Houston-based designer of mobile offshore drilling units Friede & Goldman (F&G) has signed an engineering agreement with Peak Ocean Offshore, a specialist in offshore asset conversion and lifecycle optimization, for the design and engineering of a major semi-submersible accommodation conversion project.
The agreement formalizes F&G’s role as the design and engineering authority for the project, which involves converting a legacy F&G ExD design drilling semi-submersible into a high-capacity offshore accommodation unit.
The collaboration leverages Peak Ocean’s expertise in asset repurposing and operational efficiency, and reinforces F&G’s decades-long reputation as a trusted technical partner for complex offshore conversions and upgrades.
“We’re excited to collaborate with Peak Ocean, whose strategic approach to asset lifecycle management complements our engineering capabilities on this important initiative,” said Roberto Salinas, Director of Projects at Friede & Goldman. “This agreement reflects our shared commitment to innovation, safety, and engineering excellence in the offshore sector. This project represents a growing trend in the offshore industry – finding alternate uses for drilling rigs to extend asset life and maximize utilization. Our team brings proven expertise in repurposing offshore assets for new roles.”
F&G’s legacy of delivering offshore designs spans 75 years and over 80 built submersibles. This latest project highlights the firm’s evolving portfolio in supporting offshore accommodation solutions across global markets.
Founded in 1949, Friede & Goldman, Ltd. is a Houston-based engineering firm specializing in the design and development of innovative offshore solutions. With a history of pioneering designs and over 270 rigs and vessels built to its name, F&G remains at the forefront of offshore innovation.
Peak Ocean Offshore is a leader in offshore asset conversion, project and operational optimization, delivering tailored solutions that enhance longevity and performance for global energy operators.