Osbit successfully delivers project to FTAI Ocean

Osbit, the offshore technology company, has successfully delivered a new well intervention tower system to FTAI Ocean.

The system, which comprises of 1,300 tonnes of equipment and stands at 40 metres tall, will enable riser and riserless based well intervention activities in water depths up to 1,500 metres.

Osbit’s design integrates a series of innovations derived from the company’s extensive experience in developing well intervention and offshore handling equipment to improve operational safety, flexibility, and accessibility.

The tower’s vertical racking system reduces the need for well centre access, while maximising deck space with its small footprint. An active and passive heave compensated platform supports coil tubing, slickline and e-line operations, while safe personnel access is facilitated via an integrated walk to work system.

For riserless operations, the system has four guide wires and two pod wires integrated with the existing vessel crane which provides up to 250 tonne Safe Working Load (SWL) active heave compensation. The system’s deck skidding system minimises the need for crane lifts, increases the operating window, and enables equipment to be directly loaded into the well centre.

The tower was fabricated and assembled at Wilton Engineering Services in Teesside, UK, using Osbit’s predominantly locally based supply chain.

Osbit director Steve Binney, who led the tower’s engineering development, comments, “Completing this project is a huge achievement for Osbit, and we have worked extremely hard to deliver our largest and most technologically complex engineering system yet.

“As a team, we have overcome many obstacles to reach this important milestone, which shows not only our capability, but that of North East England, and our fantastic supply chain.”

Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →

Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.