NOTODDEN, Norway—Optime Subsea has signed a three-year framework agreement with Wintershall Dea covering supply of subsea well completion and intervention systems.
Wintershall Dea will rent three Remotely Operated Controls Systems (ROCS) including the universal landing string system (Panpipe), and two wireless electric subsea control and intervention systems (eSCILS), all for use on the company’s operated fields offshore Norway.
In addition, Optime Subsea will provide technical service personnel to support Wintershall Dea’s operations.
The agreement carries extension options of up to four further years, which if exercised, could generate further revenue to Optime of about NOK500 million ($48.32 million).
ROCS is a fully battery-powered and umbilical-less system for well completion operations, said to eliminate the need for the heavy umbilical that normally runs from the topside to seabed to control the tubing hanger during completions, with the associated requirement for a large topside hydraulic module.
The ROCS is mobilized in a single basket, prepared and made up onshore, so it can be run immediately when offshore from a rig. Its Panpipe landing string system can be sheared and sealed on its entire length.
