Island Offshore, Centrica Scoop ONS 2016 Innovation Award
- Business & Finance
Island Offshore/Centrica were among announced winners of the ONS 2016 Innovation Awards, at the Innovation Awards Ceremony Tuesday, August 30.
Island Offshore and Centrica were selected winners of the Innovation Award, (for large companies), for the innovative system riser-less coil tubing drilling.
Island Offshore have successfully drilled four wells with the riser-less coil tubing (CT) system. This is the first time ever riser-less CT-operations have been performed. Three wells were drilled for Statens Vegvesen in 2014 as part of investigations of geology for a future subsea-tunnel, and the concept was thereby proven.
Centrica E&P Norway decided to use same system when checking for shallow gas in the seabed above their Butch-field in the southern part of the Norwegian Continental Shelf. This operation was performed in 2015, and was a new success. Next step will be to adopt the system to do heavy intervention with CT in subsea wells.
The winners were selected by a jury of industry experts, R&D professionals and top executives.
The Innovation Award was first presented in 1982, and today companies compete in two categories, one for large companies and one for small and medium-sized enterprises (SMEs).