Expro Completes First Subsea Abandonment Intervention Riser Project With Drilling Contractor for Petronas Operations in Mauritania

Rhea-AI Summary

Expro has successfully concluded a Plug and Abandonment (P&A) project for PETRONAS subsidiary PC Mauritania 1 Pty Ltd, valued over $20 million. The project involved 15 wells in Mauritania's Chinguetti Field Phase II, using Expro's Open Water Intervention Riser System (OWIRS), which achieved 100% operational uptime. Expro's project management team in Kuala Lumpur supported the contract's execution, overcoming pandemic-related challenges. This success marks Expro's first intervention riser system venture and positions the company for further contracts in Asia and Australia.

Positive

• Successfully completed a P&A contract valued at over $20 million.
• Achieved 100% operational uptime with no non-productive time during the project.
• Demonstrated successful technology and operational capabilities in challenging conditions.
• Secured several new contracts in Asia and Australia due to project success.

Negative

• None.

HOUSTON--(BUSINESS WIRE)-- Expro, a leading international oilfield services company, today announced it has successfully completed an integrated Plug and Abandonment (P&A) contract valued at more than $20 million for a subsidiary of PETRONAS, PC Mauritania 1 Pty Ltd (PCMPL), which manages offshore operations in Mauritania, West Africa.

Expro’s Open Water Intervention Riser System (OWIRS) and associated surface support equipment deployed from the drillship Pacific Santa Ana. (Photo: Business Wire)

The well intervention scope of the P&A project, utilized Expro’s integrated Open Water Intervention Riser System (OWIRS) for successful intervention and barrier placement on 15 wells for PCMPL’s Chinguetti Field Phase II works. The system’s compact nature provided considerable time savings by retrieving the subsea trees without an additional run. This was further enhanced by the efficient parallel deployment of the OWIRS and rig blow out preventor from the auxiliary well and primary well centre through the rig’s dual derrick capabilities.

Expro’s onshore project management team, based in Kuala Lumpur and locally onshore in Mauritania, supported PCMPL throughout the project planning and execution phases. Expro provided a range of integrated services, including the subsea well access system, surface flowhead, umbilicals, topsides control equipment and installation and an intervention workover control system (IWOCS) package for controlling both the OWIRS and Xmas tree systems. Worldwide Oilfield Machine (WOM) worked closely with Expro as an alliance partner providing the subsea well access system and a technical support team.

Graham Cheyne, Expro’s Vice President of Well Access and Subsea, commented:

“The OWIRS system is a highly reliable compact system with an extensive track record in riser to surface subsea well access operations. This system performed over 250 functions during the project with 100% operational uptime and no non-productive time (NPT) incurred. To further demonstrate its reliability post operation, a gas testing program of work was successfully performed on completion of the 15 wells, prior to any post job maintenance being carried out and before readiness for the next project.’

“This campaign was our first venture into the intervention riser system market. Despite the logistical and HSE challenges created by the global pandemic, we are proud to have demonstrated our technology’s success and integrated ability for these types of subsea P&A operations, supported by our team’s extraordinary performance, commitment, flexibility and dedication to PCMPL.’

“The campaign’s success combined with our continued expansion of our subsea well access offering has helped us to secure several new contracts across Asia and Australia, enhancing Expro’s already strong presence in the subsea well access market.”

Notes to Editors:

Expro

For clients working across the entire well life cycle, Expro is the well flow optimisation expert. Combining innovative disruptive technology with high quality data across well testing, subsea well access, well intervention and production services, delivering a service that’s not just state of the art but highly accurate.

As previously announced, Expro has entered into a definitive agreement with Frank’s International (NYSE: FI), under which the companies will combine in an all-stock transaction to create a leading full-cycle service provider. The combination will bring together two companies with decades of market leadership, best-in-class safety and service quality performance, exceptional talent and global capabilities in well construction, well flow management, subsea well access and well intervention and integrity services. The transaction is expected to close in the quarter ending September 30, 2021, subject to approval by Frank's and Expro shareholders and customary closing conditions, including required regulatory approvals.

For more information, please visit: www.exprogroup.com/about-us or connect with Expro on Twitter @ExproGroup and LinkedIn @Expro.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210831005128/en/

Expro – Hannah Rumbles +44 (0) 1224 796729

Source: EXPRO Group

FAQ

What is the value of the P&A contract announced by Expro?

The Plug and Abandonment contract announced by Expro is valued at over $20 million.

Which company did Expro complete the P&A contract for?

Expro completed the P&A contract for PETRONAS subsidiary PC Mauritania 1 Pty Ltd.

How many wells were involved in the P&A project by Expro?

The P&A project involved a total of 15 wells.

What system did Expro use for the P&A project?

Expro utilized its Open Water Intervention Riser System (OWIRS) for the P&A project.

When is the expected close date for the transaction between Expro and Frank's International (FI)?

The transaction is expected to close by the quarter ending September 30, 2021, subject to approvals.