China based offshore and subsea solutions company, COOEC Offshore, and international oilfield services company, Expro, has formed an international alliance.
Expro said that, the formal exclusive agreement allows both companies to expand its capabilities and resources.
Both companies are already globally recognised as safe providers of high-quality subsea and well intervention solutions.
COOEC Offshore is a large offshore engineering contractor servicing the full lifecycle of offshore from field development through field decommissioning.
According to COOEC, with over 22 specialized marine assets, subsea intervention equipment and in house engineering, the venture into deepwater Riserless Well Intervention (RWI) will further strengthen the depth of service offering to industry.
Expro, considered to be a premier well flow management group, already maintain a leading position in subsea landing string and well intervention markets and has recently entered the riser-based intervention market with the Intervention Riser System (IRS).
As part of this alliance, RWI system will provide wire through-water integrated solution for carrying out cost effective intervention and/or abandonment operations on all types of subsea well.
Under the alliance, COOEC Offshore and Expro will deliver this new system to market, tested and ready for service, in 2020.
The system will be deployed off the new HYSY287 DP3 construction vessel with a dedicated handling and deployment system to facilitate slick and efficient well construction, well intervention and well plug and abandonment (P&A) activities.
Furthermore, with Expro’s recent acquisition of Quality Intervention (specializing in coiled tubing and annular integrity technologies), the propriety coil hose technology for open water will be a key exclusive capability onboard the vessel.