Well Intervention News

 

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.Unsurprisingly then, the fleet operates in regions with high numbers of installed subsea wells, particularly those with aging installations.Regions seen with potential developing well intervention markets include West Africa and Australia…

Altus, Archer Bag Wireline Services Deals with Equinor

Jan 19, 2021

Norwegian energy giant Equinor has awarded Altus Intervention and Archer Integrated Services framework contracts for supplying integrated wireline services within well intervention to Equinor’s fixed platforms. Altus Intervention will provide services at the Gina Krog…

Equinor Gets Consent for Continued Use of Island Wellserver Vessel

Jan 04, 2021

Norwegian oil company Equinor has received regulatory consent to keep using the Island Wellserver well intervention vessel in 2021.The consent, granted by the Petroleum Safety Authority Norway, is an extension of an existing consent.The consent…

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…

Coretrax's Tech Helps GoM Operator Resolve Well Issue

Oct 08, 2020

UK-based well integrity and production optimization firm Coretrax said its ReLineWL expandable straddle has recently enabled a Gulf of Mexico operator to troubleshoot an inoperable safety valve, passing through a restriction that conventional straddles could not pass through…

GMS Completes 'First' Well Intervention from Self-Propelled Jack-Up Unit

Jul 28, 2020

Gulf Marine Services, a UAE-based supplier of self-propelled and self-elevating support vessels (SESVs) for the offshore energy industry, has said it has completed its first Well Intervention work scope.The company, which normally provides offshore…

Three Oilfield Players Join Forces in "New Coretrax"

Mar 30, 2020

Churchill Drilling Tools, Mohawk Energy, and Coretrax have teamed up to offer an integrated approach to well lifecycle integrity and production optimization.As previously reported, Coretrax acquired Churchill Drilling Tools in November 2019…

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…

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…

Current News

Spirit Energy in 5-year Agreements with Subsea 7, TechnipFMC, and DNV GL

Spirit Energy in 5-year Agreements with Subsea 7, TechnipFMC, and DNV GL

Solstad Offshore Vessel Trio Gets Renewables, Subsea Deals

Solstad Offshore Vessel Trio Gets Renewables, Subsea Deals

Schlumberger CEO: Stage is Set for Oil Demand Recovery

Schlumberger CEO: Stage is Set for Oil Demand Recovery

Russian Pipelaying Vessels En Route to Nord Stream 2 Work Site

Russian Pipelaying Vessels En Route to Nord Stream 2 Work Site

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