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Well Intervention Vessel - Taking Advantage Of New Opportunities

Well intervention vessel technology has dramatically improved over the years – leading to an increase in safety, efficiency and all-round cost-effectiveness. This has definitely opened the eyes of many oil producers to new possibilities – who have seen market conditions dramatically change over the last few years. Read on to find out more about these new opportunities.

The economic argument for well intervention technology is rather convincing. Subsea technology, in particular, could lead to the significant recovery of hydrocarbons that were thought lost. However, it is clear that a number of major operators have yet to establish any intervention teams or intervention policies. While these companies are missing out, those who see and are responding to the changing culture are those that are experiencing the benefits more regular interventions. This has been encouraged by the economic downturn within the oil industry. And while it may be a situation driven by negative economic prospects; many operators are educating themselves about intervention to prepare for oil industry recovery. This has also been helped by the lower day rates for intervention vessels and jack up rigs. This means that when oil prices recover, operators will be more educated and better able to take advantage of the commercial opportunities offered by emerging technologies. As such, this has also led to the employment of more firms, with the proper expertise, to help with this matter – including offshore asset management firms with the ability to drive down operational costs and introduce these emerging technologies.

Now is the time to take advantage of these opportunities instead of burying your heads in the sands. Well intervention vessel tech has never been better, cheaper and safer – allowing for the life of your mature fields to be extended. Find out how we at Attollo Offshore Ltd can help today by visiting http://www.attollo-offshore.com/ or calling us on +44 1224 959810 now. You have nothing to lose and a lot to gain.