Offshore engineering specialist Osbit Power has secured a multi-million pound contract to provide three sets of oil well-intervention equipment.
Riding Mill-based Osbit will provide Helix Energy Solutions with the Intervention Tension Frames (ITFs), a 20 metre high platform, weighing around 100 tonnes, used to tend oil wells from vessels.
The frame provides a safer working environment from which coiled tubing and wire line operations can be conducted.
Osbit will also supply ‘walk-to-work’ access systems for Helix and says it will use skills, products and services from the company’s predominantly local supply chain to complete the contract.
It is the second largest order to date for the firm which have already secured contracts to deliver twin launch and recovery systems for remotely operated vehicles (ROVs) and an umbilical and guide wire handling system for Helix.
The first of the ITF units will be delivered in 2016 for installation on Helix’s forthcoming Siem Helix 1 and 2 vessels.
The third unit will be shipped to Singapore where Helix’s Q7000 vessel is currently under construction at Jurong Shipyard.
Dr Tony Trapp, managing director of Osbit Power, said: “We have established a successful working relationship with Helix and we are very proud to secure this latest project.
“The award of this work is testament to the talents of our engineers who have the ability to transform Helix’s original concept for the ITFs into an elegantly engineered solution.
“We are also pleased to be able to call upon the services of a talented and competitive supply chain, predominantly in the North East of England, which enables OSBIT to maintain our commitment to delivering innovative and cost-effective systems.
“This is absolutely paramount in the energy sector’s current economic position and it is the role of supply chain companies like Osbit to continue to meet the requirements of the industry by the continual development of new technologies and solutions.”
Osbit’s ITFs will be attached to a multi-purpose tower on each vessel which is accessible via a telescopic gangway. The walk-to-work systems remove the need for engineers to use rope access systems.
The two Siem vessels, which are currently under construction, will be owned by Siem Offshore and chartered by Helix for an initial period of seven years, with options that can extend the charter periods up to 22 years.
Helix has lined up the vessels to provide well-intervention services offshore Brazil, under agreements with Petróleo Brasileiro S.A. (Petrobras).