Delivering Lifecycle Value for Critical SPM Infrastructure

Contract Extension Secured!

Riverlake is pleased to announce the successful extension of an existing contract with a long-standing client in the MENA region – an outcome that directly reflects consistent delivery performance, technical credibility, and a strong operational track record.

Under this renewed engagement, Riverlake will continue to support the Operations & Maintenance scope for a liquid bulk terminal, with a focus on the integrity and performance of two Single Point Mooring (SPM) systems. The scope includes annual condition assessments, maintenance advisory, spare parts strategy and procurement, and the preparation and execution of overhaul or replacement programs where required.

From Maintenance to Strategy: Why SPM Owners Rely on Riverlake for Long-Term Asset Performance

This contract extension underscores Riverlake’s positioning as a specialist partner in offshore tanker loading infrastructure. Our approach integrates technical depth with structured execution, ensuring that critical assets such as SPM & CBM systems, Jetties and Terminals remain safe, compliant, and operationally efficient.

Key risks include main bearing degradation, swivel seal leakage, and reduced operational envelopes, all of which can directly impact throughput capacity and increase demurrage exposure. In this environment, a structured strategy -balancing refurbishment versus full replacement – is essential to maintain uptime and optimize lifecycle value.

Riverlake supports clients in navigating these challenges through:

– Advising Clients on the optimum asset strategy for their future operations, such as replacement or renewal, or even installing a different type of system.
– Execution planning aligned with operational constraints and commercial (i.e. trading) priorities
– Development of strategic spare parts frameworks to mitigate downtime risk

By combining hands-on operational support with strategic asset lifecycle management, Riverlake enables clients to extend the service life of critical infrastructure while maintaining safety and performance standards.

For more information, contact hardenbol@riverlakesolutions.com