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OSBIT Power lands multi-million pound HelixWell Ops UK contract.

OFFSHORE engineering firm OSBIT Power has secured a multi-million pound contract from Helix Well Ops UK.

The deal to deliver support structures and deck equipment for well intervention vessels is the latest in a string of work between Northumberlandbased OSBIT and Helix.

OSBIT will now produce twin launch and recovery systems for subsea remotely operated vehicles and an umbilical and guide wire handling system.

The firm recently completed a similar project for Helix - it's biggest contract to date. Two new Helix vessels - Siem Helix 1 and Siem Helix 2 - will be provided with a collection of three systems: a maintenance and storage tower, a BOP support stand and a moveable deck. OSBIT will deliver the equipment by early 2016 ready for installation on the vessels which will go on charter with major oil operator Petrobas.

Dr Tony Trapp, managing director, OSBIT Power, said: "The award of this contract is testament to OSBIT's strong performance in both its completed and ongoing contracts with Helix and demonstrates the ability of our engineers to deliver innovative and costreductive solutions.

"It also highlights the benefits of establishing strategic partnerships between operators and their supply chain, a crucial step in facilitating the development and application of innovative engineering solutions."

CAPTION(S):

The design of the deck layout of <Bthe Siem Helix, which shows OSBIT Power's maintenance and storage tower (grey structure to the left) and moveable deck (in orange). The BOP support stand is highlighted in pink and is positioned within the intervention tension frame (in red)

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Title Annotation:Business
Publication:The Journal (Newcastle, England)
Date:Aug 12, 2015
Words:252
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