Aquaterra Energy has clinched a multi-million pound contract to supply equipment for a subsea abandonment project in the North Sea.
Aquaterra will support the abandonment of 10 wells using a high pressure riser system deployed from a jack-up rig.
A further two subsea wells could be added to the project scope.
Aquaterra managing director George Morrison said: “Aquaterra has built a successful track record of jack-up and subsea high pressure riser operations over recent years using similar systems.
“The use of jack-ups can potentially mitigate the heavy loading implications and weather constraints often associated with semi-submersibles in shallow water and thus, extend the operating envelope and productive time through a reduction in waiting on weather.”
The project is expected to be completed by the fourth quarter of 2017.
The company has bases in Aberdeen, Cairo and Norwich, servicing customers in more than 35 countries.