PDVSA maintenance — surging or backing up?

You can see the growing list of maintenance projects that PDVSA is seeking to contract out by going to the company’s daily list of domestic RFPs. The number of pages in this document has multiplied 10-fold in the past year, from about 50 pages daily to almost 500.

What’s unclear about this change is whether this means PDVSA has started to issue more maintenance contracts, or whether the backlog of projects is just growing and growing. I have heard from vendors that the contracting and payments remains slow, so I suspet it’s the latter. If you have any first-hand information about what’s going on with contracting, you know where to reach me.

2 thoughts on “PDVSA maintenance — surging or backing up?

  1. Bois

    PDVSA has ignored preventive maintenance for the last 6 years and the result has been disastrous. Injuries, fires, explosions, wornout equipment, delayed startups, and declines in production.
    PDVSA needs foreign contractors with experience, knowledge, project management, technology, modern equipment and quality workmanship to bring it back to life in a short period of time.
    The problem is foreign contractors are afraid of the current government, slow payments and payments in Bolivars instead of Euros or Dollars.
    PDVSA has no alternative but to use government approved contractors. There are some very good Venezuelan contractors, but too few to bring PDVSA up to speed, so the work keeps piling up.
    There has been alot of startup mechanical contracting companies, but they are short lived for lack of funding, project management, modern tools and quality workmanship.
    I don’t know how PDVSA is going to dig out of this.

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