Oceaneering will provide riserless light well intervention (RLWI) work to BP offshore Angola, in Blocks 18 and 31.
Work will begin in the second quarter of this year and end late in the third quarter. Oceaneering said it would provide personnel and equipment for the work, in addition to remotely operated vehicles (ROVs), survey services and communications services on a multi-purpose vessel.
The work will cover a multi-well campaign, which will include mechanical well interventions, well stimulations and tree replacements. The scope also includes project management, engineering, systems integration, offshore management and crews.
The company did not say what the contract was worth, beyond describing it as meaningful, and was noted in the supply backlog as of the end of 2019.
Oceaneering said it had carried out another campaign for BP and partners in late 2018 and early 2019. BP’s vice president for Africa and Middle East Jim O’Leary said Oceaneering had a “proven track record of providing us with a much-needed RLWI rapid response solution to help restore and improve production in Angola”.
Oceaneering’s president and CEO Rod Larson said the company would provide “reliable, cost effective, ultra-deepwater intervention solutions in Angola. The award of this project reinforces Oceaneering’s position as a leading RLWI service provider in deepwater environments.”
Providing RLWI from a multi-purpose vessel, he continued, is a more efficient way of boosting production than by carrying out the work from a rig or purpose-built intervention vessel. The company bought Blue Ocean Technologies in 2016, which brought with it three RLWI systems.
Speaking during the company’s third quarter conference call, Oceaneering’s CFO Alan Curtis said Africa had been a particular area of interest for subsea products.
Activity is increasing in Angola, with the new government eager to stimulate new investments and tackle declining production. There has been a suggestion that BP may choose to sell down its Angolan interests.