New light well intervention vessel

Statoil has awarded Island Offshore a framework agreement for a new light well intervention (LWI) vessel on the Norwegian continental shelf (NCS).
The third of its type in Statoil’s portfolio the vessel will help reduce the costs of well interventions and enhanced oil recovery.
Statoil has awarded Island Offshore a framework agreement for light well intervention (LWI) services from their vessel Island Constructor. The duration of the framework agreement is three years, with an option to extend for another year.