Altus scores 3-year wireline services deal with TIOS
TechnipFMC Island Offshore Subsea (TIOS), a TechnipFMC and Island Offshore joint venture, has hired Altus Intervention for the provision of wireline services across three of the JV’s vessels.
The contract, covering services aboard Island Constructor, Island Frontier and IslandWellserver vessels. has a duration of 3 years. TIOS will have options to further extend with two one-year extensions.
According to Altus, the scope includes the provision of all wireline and application services, tractor conveyance and logging services in the Norwegian Continental Shelf, the UK Continental Shelf, West Africa, and the Mediterranean.
Cathrine Bjaarstad, President, Norway & Denmark, Altus Intervention: “We have just completed a campaign with TIOS in Equatorial Guinea and will continue in NCS throughout this year with the Island Constructor. The Wellserver and Frontier are currently working for Equinor.”
Bjaarstad said that Altus has since 2003 provided wireline services together with TIOS for light well interventions in over 600 subsea wells across both the Norwegian and UK continental shelf and in West Africa in water depths of 70 to 850 meters.”
“Together we have set a new standard and have successfully reduced the average number of LWI operation days per well by 60% in the last 6 years. We see this award as a confirmation of our quality intervention services,” Bjaarstad added.
Altus did not provide the financial details of the contract with TIOS.
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