Bibby Remote Intervention Ltd. (BRIL) has secured a multi-million pound contract with Olympic Shipping to install two 150hp, deepwater Quasar ROVs onboard the construction support vessel (CSV), Olympic Ares. The two ROVs will be installed…
A group of operators in the North Sea is taking a joint approach to barrel chasing through well intervention. Could other regions do the same? In many cases, total annual production associated with well intervention operations exceeds annual production from new wells drilled in the same year…
Expro Group says lightweight, mobile systems are needed to meet future deepwater intervention needs. Demand for deepwater subsea well intervention services continues to grow. However, to date, the focus remains on completions for new field developments…
Growing numbers of subsea wells in increasingly deeper waters will continue to drive the market for well intervention capabilities. Infields’ James Hearn outlines the market. Depleting oil and gas reserves within established shallow water…
Helix Energy Solutions has confirmed an order for a second semisubmersible light well intervention rig from Sembcorp Marine subsidiary Jurong Shipyard. The US$346 million order is scheduled for delivery mid-2016, and will be built based…
Helix Energy Solutions Group, Inc. announced plans to proceed with the construction of a second newbuild semisubmersible well intervention vessel, to be named the Q7000. Owen Kratz, Helix’s President and CEO, stated, “Based on strong market…
Forum Energy Technologies, Inc. and Quantum Energy Partners have entered into a definitive agreement to jointly acquire Dayton, Texas based Global Tubing from ARC Financial Corp., a Calgary-based private equity firm, and a group of investors…
As subsea projects continue to increase in size and complexity, they are also more frequently executed in deepwater and harsh environments. As well as having the vessels and ROVs with the capabilities to execute the scopes, and the expert…
Dow Corning presented its new XTI-1003 RTV Silicone Rubber Insulation at the 2013 Subsea Tieback Forum & Exhibition held last month in San Antonio, Texas. The technology is a solid, non-syntactic thermal insulation solution designed for HPHT deepwater equipment applications…
Forum Energy Technologies has acquired Syntech Technology, a Lorton, VA-based manufacturer of syntactic foam buoyancy materials used for ROVs and other deepwater flotation applications. Cris Gaut, Forum's chairman and CEO, said the deal 'integrates an important part of the ROV supply chain'.
While the Q4000, star of the Macondo response,was in dock recently for some much-deserved TLC, Helix Energy Solutions Group chairman and CEO Owen Kratz spoke with analysts about the company’s bet on a burgeoning well intervention market and…
Tomahawk, the latest addition to Forum Subsea Technologies’ ROV range, has been built to be fast and agile and it shares the same 35kW power system and thrusters as Forum’s largest electric vehicle, the Comanche.It is manufactured at the Aberdeenshire facility of Sub-Atlantic…
The world's largest deepwater well intervention ship recently set sail from Norway, bound for its first offshore contract. Before it left port, Terry Knott visited the newbuild Skandi Aker to find out what makes this vessel stand out from the pack…
Eleven proposals will receive a cut of $10 million in funding from the Research Partnership to Secure Energy for America (RPSEA) under its ultradeepwater program. The proposed technologies are aimed at improving safety, minimizing environmental impact…
Remediating plugged subsea lines in deep and ultra-deepwater is dangerous and time-consuming and can become extremely costly if coiled tubing or wireline intervention is required to resolve the problem. Champion Technologies’ Jeremy Lee describes…
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