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Interventek wins £1 million contract to supply safety valves to Trendsetter

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Aberdeen, UK-based subsea well intervention technology specialist Interventek has won a contract worth over £1 million (€1.08 million) to deliver open water well intervention safety valves to Trendsetter Engineering.

The company’s 6-3/8”, 15,000psi Open Water Revolution Valves will be delivered in early 2020 for integration into Houston, Texas-based Trendsetter’s MkII 15K Light Riser Intervention Systems (LRIS). The system is due to be deployed for a major oil and gas operator in March 2020, as part of a subsea well intervention project in Latin America.

“Our compact Revolution valves are ideally suited to meet this project’s high-performance, lightweight system requirements, and to be partnering with such a forward thinking, contemporary solutions provider in Trendsetter is very exciting,” said Gavin Cowie, managing director of Interventek. “Going forward we see clear market growth opportunities for these types of solutions and we hope to build a long-term relationship to help meet this demand.”

Mike Cargol, vice-president at Trendsetter, added: “Through the early adoption of Interventek’s cutting edge Revolution valve technology, our newest mechanical well intervention system will challenge the paradigms of existing systems. Trendsetter has found a like-minded partner in Interventek and together we are proud to bring innovation to intervention.

“Our solution addresses many of the shortcomings of existing light well intervention and completion workover riser system designs. The Interventek technology was key to achieving a reduced equipment package size and weight, allowing for a broader range of intervention vessels or vessels of opportunity to be utilised. This allows for a more efficient and cost-effective mobilisation, integration and operations model, alongside increased reliability and safety for HPHT [high-pressure, high-temperature] intervention operations even at 20,000psi.”

Interventek’s shear-and-seal safety valves are able to quickly shear through any likely obstruction and reliably seal the wellbore using a single device. This is the first commercial deployment planned for the Open Water Revolution Valves.