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…
Owen Kratz marks his 60th birthday this year, but he's far from settling down. The CEO of Helix Energy Solutions Group, including the business unit Well Ops, including business unit Well Ops, has the global intervention business in his sights…
Subsea 7 has been awarded a three-year US$160 million contract extension by BP Exploration & Production for light subsea construction, inspection, repair and maintenance services in the US Gulf of Mexico. The contract will run from the second quarter 2014 to the third quarter 2017…
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…
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…
Milling bit packed with set asphaltenes Copyright Welltec A/S Various myths and misperceptions surround riserless light well interventions (RLWI), preventing operators from performing these cost-efficient…
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…
FMC Technologies and Edison Chouest Offshore formed a joint venture based in Houston to provide integrated vessel-based subsea services for offshore oil and gas fields globally. The JV will offer equipment intervention, riserless light well intervention…
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…
Following a recent flurry of new contracts, Marine Subsea UK is currently carrying out a multi-client well abandonment programme for a number of North Sea operators. Managing director Alasdair Cowie talks to Meg Chesshyre about how he sees the multiclient approach as the way forward…
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…
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…