Oceaneering to conduct riserless well intervention for BP off Angola
- Business & Finance
Houston-based subsea engineering company Oceaneering has been awarded a contract for comprehensive riserless light well intervention (RLWI) services offshore Angola in Blocks 18 and 31 by oil major BP.
Oceaneering said on Monday that the value of this award was reflected in the company’s December 31, 2019, subsea products backlog.
In connection with this contract, Oceaneering agreed to provide personnel and equipment related to its RLWI services, ROV’s, survey services, and communication services integrated onto a chartered multi-purpose vessel.
The company added that these services were contracted to support a multi-well campaign designed to include mechanical well interventions, well stimulations, and tree change-outs.
Oceaneering will also conduct project management, engineering, systems integration, offshore management, and project crews. Offshore operations are scheduled to begin in the second quarter, with completion anticipated in the late fall of 2020.
This contract follows a successful intervention campaign by Oceaneering in the same region in late 2018 and early 2019 for BP and its partners.
Jim O’Leary, VP for wells in Africa and the Middle East at BP, said: “Oceaneering has a proven track record of providing us with a much-needed RLWI rapid response solution to help restore and improve production in Angola. We look forward to working with Oceaneering on this campaign.”
Rod Larson, president and CEO of Oceaneering, stated: “This is the latest example that performing RLWI from a multi-purpose vessel is a viable, more efficient alternative for production enhancement compared to performing similar services from a rig or purpose-built intervention vessel.”
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