Expro Group Australia Pty. Ltd., a subsidiary of Expro International Group Holdings Ltd., has secured a major contract for its innovative subsea riserless well intervention (RWI) solution, supporting Chevron Australia.
The five-year contract is for the supply of light well intervention vessel services for the Chevron-operated Gorgon facility.
The RWI system, which was launched at the Offshore Technology Conference (OTC) last year, provides a reliable wire through-water integrated solution for carrying out cost effective intervention and/or abandonment operations on all types of subsea wells.
The intervention package is complete with well access and multiple conveyance methods, including slickline, eline, and the company’s new CoilHose technology, which substitutes coiled tubing’s conventional steel pipe with hose.
The Expro RWI system has been developed as part of its wider Subsea Well Access portfolio, which also consists of subsea test tree assemblies (SSTTA), as well as an intervention riser system (IRS) ensuring customers have the correct solution for all subsea well access requirements.
“Australia is an important market for us and we recently invested in an $11 million multipurpose built facility in Perth which will support the Chevron contract. The facility will have a 2,100 square meter re-enforced dedicated light well intervention area for storage and maintenance of specific equipment,” Gary Sims, Expro senior area manager, said.
The disappointment at Hassa-1 comes after Exxon said in November its crude discovery at the Tanager-1 well in the Kaieteur block was not financially viable on its own.
In a separate statement, TNOG owner Heirs Holdings said it had taken a 45% stake in the field, acquiring the stakes of Shell, Total and Eni.
The oil and gas rig count rose 13 to 373 in the week to Jan. 15, its highest since May, according to Baker Hughes Co.