Results for tag: "Subsea Well Intervention"

In the field of Oil and Gas Exploration and Production, Subsea Well Intervention is an essential aspect that involves various operations carried out on oil or gas wells at the seabed to enhance or restore their production. The operations can be corrective, like repairing well components, or preventive, to maintain the well's integrity and performance. Subsea interventions are usually done with rig-based or rigless methods, where the latter is often favored for cost efficiency and reduced environmental impact. Technologies used include remotely operated submersible vehicles, coiled tubing interventions, and wireline services. These activities require specialized vessels and equipment to handle the complex nature of deepwater operations. The market for such services is driven by the demand for hydrocarbons, advancements in technology, and the maturing of offshore fields that necessitate increased recovery strategies. Several companies are prominent within the Subsea Well Intervention market, including Schlumberger, Halliburton, Baker Hughes (a GE company), TechnipFMC, and Aker Solutions. These enterprises offer a range of services including diagnostics, maintenance, and repair work on subsea wells, underlining their critical role in the oil and gas industry's infrastructure and supply chain. Show Less Read more