Altus Intervention News

 

Expro Bags 5-Year Well Intervention Contract with Chevron in Australia

Nov 16, 2020

Oilfield services company Expro has said it has secured 'a major contract' for its subsea riserless well intervention (RWI) solution with Chevron in Australia.Under the five-year contract of an undisclosed value, Expro's Australian subsidiary…

Well Intervention Market Overview

Aug 11, 2020

The well intervention market is a niche one, with only a few main players – including Helix/Well Ops, Island Offshore, AKOFS Offshore and Siem Offshore – and only three key geographical regions; Northwest Europe, South America and the US Gulf of Mexico…

Time for an Intervention?

Aug 10, 2020

Just as the oil and gas industry was starting to get back on its feet, COVID-19 and plummeting oil prices have affected the market across the board, including well intervention. But players in this space are optimistic, with new vessels and…

Helix Energy Solutions Extends Loan Maturity Date

Mar 12, 2020

Offshore services provider Helix Energy Solutions has amended its existing credit agreement dated as of September 26, 2014, with Nordea Bank ABP and the lender parties related its Q5000 well intervention unit. The amendment extends the final…

Equinor OK to Use Island Wellserver for LWI

Jan 17, 2020

Norway's Equinor has obtained regulatory consent to use the Island Wellserver vessel.The Petroleum Safety Authority Norway gave the oil company its approval to use the well intervention vessel in Norway in 2020.The consent applies to the use…

Well Intervention and Stimulation Alliance Formed

Oct 30, 2019

Aker BP, Schlumberger and Stimwell Services have established the Well Intervention and Stimulation Alliance to accelerate and boost oil production.The 5+5 year tripartite agreement was signed by the CEOs of the three alliance partners at a venue at Aker BP’s Headquarter at Fornebu on Tuesday…

Helix Introduces Q7000 Well Intervention Vessel

Oct 22, 2019

Helix Energy Solutions Group has introduced its newly built semisubmersible well intervention vessel, the Q7000.The Q7000 can perform through-riser well intervention and decommissioning operations in water depths ranging from 85 meters to 3…

Trendsetter Unveils 20K Hydraulic Intervention Connector

Sep 11, 2019

Trendsetter Engineering has been awarded a contract for the design, qualification and delivery of a 20,000 psi (20K) hydraulic intervention connector by HWCG, the Houston-based oil and gas service company announced.HWCG is a consortium of deepwater…

What About Well Intervention?

Aug 14, 2019

In a bid to maintain production rates but with less outlay, operators have been looking closer to home. Reducing costs and increasing efficiency have been high on the agenda. Should well intervention be higher?Well intervention, which can help increase production or restore shut-in wells…

COOEC, Expro Team up for RLWI

Aug 12, 2019

Two providers of subsea and well intervention solutions, China based offshore and subsea solutions company COOEC Offshore and oilfield services company Expro, have formed an alliance agreement to expand capabilities and resources.COOEC Offshore…

Helix Finds Work for New Q7000 Vessel

Aug 06, 2019

Texas-based international offshore energy services company Helix Energy Solutions Group announced that it has entered into a contract for its new-build semi-submersible well intervention vessel, the Q7000.According to the provider of specialty services to the offshore energy industry…

Expro Acquires Quality Intervention

Jul 02, 2019

Oilfield services company Expro announced it has acquired 100% of the equity of technology company Quality Intervention AS (QI).The Norwegian-based company was founded in 2008 and provides a portfolio of products and services that includes coiled tubing technology (CoilHose)…

C-Innovation to Perform RLWI for BP

Jun 12, 2019

US-based marine services firm C-Innovation (C-I) said it has been awarded a contract to perform riserless light well intervention (RLWI) activities for oil major BP in the Gulf of Mexico.C-I, an affiliate of Edison Chouest Offshore (ECO) and its family of companies…

Taking the Next Steps in Plugging and Abandonment

Jan 28, 2019

New solutions which could break the plugging and abandonment mold are making their presence felt on the Norwegian continental shelf.At some point in the future, plugging and abandonment operations (P&A) will be a regular and relatively unexciting activity for the offshore oil and gas industry…

Largest-ever Bismuth Plug Deployed

Nov 13, 2018

Metal-to-metal downhole sealing solutions provider BiSN said it recently deployed the largest-ever bismuth plug in the Valhall A-30 well, Norway, in conjunction with AkerBP and Altus Intervention.BiSN’s Wel-lok M2M technology – which can be…

Current News

UK Firm Seeks Suppliers to Build Full-Scale Tidal Energy Prototype

UK Firm Seeks Suppliers to Bui

Brava Energia Inks $65M Deal with PetroReconcavo for Natural Gas Assets

Brava Energia Inks $65M Deal w

Record Offshore Wind Auction Required for UK to Meet Targets

Record Offshore Wind Auction R

First French Floating Wind Farm Fully Commissioned

First French Floating Wind Far

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine