In advance of OE’s 2014 Deepwater Intervention Forum held in Galveston, Texas, Managing Editor Audrey Leon spoke with representatives of Helix Energy Solutions, FMC Technologies, and consultant Robert Keith of R.J. Keith & Associates, to discuss topics affecting the intervention sector…
The ongoing revision of API 17G (specification for subsea well intervention equipment) includes many changes from prior editions. These changes extend beyond the added design rules and product qualification processes for hardware typically seen in design code updates…
Statoil has exercised a two-year contract extension with Altus Intervention for the provision of mechanical wireline services on Statoil-operated fields and mobile drilling units on the Norwegian continental shelf. The scope of the extended…
Aker Solutions’ former well intervention services business, which was acquired by private equity fund EQT VI in January this year, has been restructured and will operate under two brands from 22 Apr 2014: Altus Intervention and Qinterra Technologies…
EQT VI has entered into an agreement to acquire Oslo-listed Aker Solutions ASA’s Well Intervention Services Business for an enterprise value of NOK 4 billion. “The acquisition has come to fruition through close cooperation with Aker Solutions…
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…
Intervention & Coiled Tubing Association (ICoTA) is requesting nominations for its European Chapter Innovation Award, recognizing the application of technical innovation in the area of well intervention. Entrants will be judged by the ICoTA European Chapter Committee…
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…
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…
A three-month campaign for West Africa’s first well intervention work and subsea well operations conducted from a monohull intervention vessel was completed recently by Helix Well Ops UK’s 132m-long Well Enhancer. The vessel performed a subsea tree changeout…
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…
Rapid technological and market developments in the offshore industry over the past five years have put pressure on class to develop rules and notations for a new generation of specialised well-intervention offshore vessels. DNV's Alexander Wardwell reports…
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