Altus Intervention News

 

Alliance trio to execute subsea well intervention agreement

Jan 06, 2015

Helix Energy Solutions Group, OneSubsea, and Schlumberger executed definitive agreements for the companies’ non-incorporated alliance, formed to develop technologies and deliver equipment and services to optimize the value chain of subsea well intervention systems…

Well intervention under North Sea spotlight

Oct 10, 2014

As a critical factor in optimising brownfield production, well intervention is a major fiscal and operational consideration for the North Sea.  While there’s no doubt, as a mature province, the emphasis is shifting increasingly toward decommissioning and plugging and abandonment…

Helix’s Skandi Constructor moves to GoM

Sep 25, 2014

Helix Energy Solutions Group, Inc.’s well intervention vessel, the Skandi Constructor, is moving to the Gulf of Mexico to begin operations in 1Q 2015. The Skandi Constructor, a dedicated light intervention mono hull equipped with the Helix 7 3/8in…

STATS opens UK facility

Aug 05, 2014

Left: Martin Wilson; Right: Dr. Mark Burton The Aberdeenshire-headquartered STATS Group opened a new intervention engineering and technical support hub and recruited two pipeline intervention services team members…

Point by point: intervention

Aug 01, 2014

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…

New Aker firm scoops Statoil contract

May 26, 2014

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…

Ex-Aker intervention firm restructures

Apr 01, 2014

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 acquires Aker well intervention business

Nov 22, 2013

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…

Sharing intervention lessons

Nov 08, 2013

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…

Evolution for deepwater intervention

Nov 01, 2013

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…

New frontiers: Depth drives intervention

Oct 16, 2013

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…

Intervention & Coiled Tubing Association requests nominations for European Chapter Innovation Award

Jul 31, 2013

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 proceeds with newbuild semisub

Jul 30, 2013

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…

Maiden monohull intervention

Apr 28, 2012

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…

Well intervention units in a class of their own

May 20, 2010

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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