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…
UK-based offshore technology company Osbit said it has been awarded a contract by FTAI Ocean, a subsidiary of Fortress Transportation and Infrastructure Investors LLC (FTAI), to design and construct a new well intervention tower system.Osbit’s…
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…
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 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 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…
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…
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…
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…
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)…
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…
Qinterra Group’s North Sea well intervention specialist Altus Intervention and its international technology arm, Qinterra Technologies have combined. With headquarters in Stavanger, Norway, the combined group will be known as Altus Intervention…
TechnipFMC has signed a three-year frame agreement with Woodside Energy in Australia for riserless light well intervention (RLWI) and subsea services, including intervention, installation, and plug and abandonment services. Under the agreement…
While well intervention spending has been hit harder than average industry cuts, the opportunities are still there to be had, not least from mature North Sea assets, delegates at Offshore Network’s Offshore Well Intervention Europe Conference heard this morning…
Halliburton (HAL) has developed a new offering in the SPECTRUM family of real-time coiled tubing services, the SPECTRUM FUSION service. The FUSION service includes the first real-time system in the market using hybrid cable technology that…
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