
Aquaterra Energy has secured a multi-year contract with Intrepid Energy to deliver a bespoke subsea well intervention equipment package for a project in Nigeria.
Aquaterra Energy has inked a multi-year contract with Intrepid Energy Ltd. (IEL) to deliver a bespoke subsea well intervention equipment package for a project in Nigeria.
Aquaterra says its turnkey well access package will enable IEL to conduct intervention operations across multiple mature oil wells in the region, supporting enhanced reservoir production.
The multi-million-dollar contract includes the supply of a complete seabed-to-surface intervention system and package, spanning from the subsea tree to surface intervention equipment. In addition to equipment provision, Aquaterra will deliver ongoing offshore engineering support throughout the project.
The 7- 3/8" lightweight well access tool has been engineered for deployment from jackups and lift boats. The company says this approach offers a cost-effective and operationally efficient alternative to floating vessels by reducing intervention costs while maintaining safety and performance standards.
----The news is quoted from OFFSHORE (www.offshore-mag.com)
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