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Osbit

Osbit

Osbit Ltd, the UK-based offshore technology company, has been awarded a contract by FTAI Ocean, a subsidiary of Fortress Transportation and Infrastructure Investors LLC (FTAI), to design and construct an innovative new well intervention tower system. Osbit's Smart Tower System facilitates integrated riserless and riser-based well intervention operations, in water depths up to 1,500 metres, and is to be installed on FTAI's flagship DP3 vessel M/V Pride. The Smart Tower System combines elements of modular technology from Osbit's experience in well intervention and offshore handling, with a series of innovations to improve operational safety, flexibility and accessibility. The tower's vertical Completion Workover Riser (CWOR) racking system improves deck safety by reducing the need to access the intervention floor and to handle CWOR joints, while its small footprint optimises deck space, for more effective equipment storage. The Smart Tower System integrates the existing vessel crane into the full deployment system, with up to 250 tonne active heave compensated capacity. Additionally, the system offers a universal platform for surface pressure equipment, active heave compensated slickline and e-line operations and for the building, operation and recovery of CWOR and intervention systems. The Smart Tower System is fitted with multiple guide wire systems and an extensive deck skidding system, which minimises the need for crane lifts, increases operating windows and enables equipment to be directly loaded into the well centre.

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About Osbit

Founded

2010

Estimated Revenue

$10M-$50M

Employees

51-250

Category

Industry

Oil & Energy

Location

City

Riding Mill

State

Northumberland

Country

United Kingdom
Osbit

Osbit

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