The shear-and-seal subsea safety valves will be delivered by early 2020 for integration into Trendsetter’s MkII 15K Light Riser Intervention System.
The company will be exhibiting on Stand 3J05 and showcasing its capabilities for the oil, gas and subsea industry.
Under the partnership, COOEC Offshore and Expro will deliver a new intervention riser system to market in 2020.
Romain Chambault, Director Europe, Oilfield Equipment, Baker Hughes, a GE company, considers how a key supply chain behind the subsea industry has changed dramatically in recent years.
The decision reflects a broader trend of majors embracing subsea tie-backs that offer quicker paths to first oil and attractive returns, according to Wood Mackenzie.
The system alleviates the impact of modern, large blowout preventers (BOPs) on legacy wellheads by arresting the motion of the BOP stack via four tethers, which are anchored to the seabed.
The project is expected to start production in late 2021 and produce up to 35 000 boe/d at peak rates.
iSEISMIC plans to use ION’s 4Sea ocean bottom acquisition and imaging technology for seabed surveys.