Statoil awards Light Well Intervention contract to Island Offshore

Island Offshore — in which the Edison Chouest group is a partner — and the North Sea RLWI Alliance have been awarded a Frame Agreement for Light Well Intervention services from Statoil. The Frame Agreement duration is three years  plus a one year option. The first Purchase Order issued under the Agreement has a value of over 300 million NOK.

Island Constructor, which started operation in 2009, will be utilized. The unit is designed to operate in water depths of up to 600 meters, and is currently operating in the North Sea (both NCS and UKCS).

The North Sea Alliance was formed in 2004 to provide integrated wireline services to the growing subsea intervention market. The alliance currently operates three monohull vessels specifically designed for intervention tasks. Approximately 50 well interventions are performed each year, providing services such as scale milling, gauging and logging operations, plug setting and re-perforating requirements. Island Offshore is furthermore providing services such as engineering in conjunction with the intervention activities also including tree on wire operations. Island Offshore and the North Sea RLWI Alliance are currently the world’s leading RLWI providers and have to date executed close to 150 well interventions.

Technical details: Island Constructor

Type:     RLWI (Riserless light well intervention unit) – DP III
Design:     Ulstein SX 121
Yard:     Ulstein Verft AS
Year:     2008
Class:     DNV + 1A1 with the following class notations: Well Intervention Unit, SF, E0, DYNPOS-AUTRO, NAUT-OSV (LOC), CLEAN DESIGN, OPP-F, CRANE, COMF-V(3), COMF-C(3), LFL*, DK(+), HL(+), HELIDK.

L.O.A.:     120,2m
Width:     25,0m
DW:     8700T / 7,9m
Deck area:     1.470m2
Accommodation:     90 persons
Subsea crane:     150T
Moonpool:     8x8m
Tower with guide wire winches
Skidding system
2xWork ROV w/heavy weather LARS

April 27, 2011