Entries by Anneli Stenman

, ,

Optime Subsea signs framework agreement with Wintershall Dea

23 February 2023 – Optime Subsea signed a long-term framework agreement with Wintershall Dea regarding rental of the technology company’s remote-controlled subsea well completion and intervention systems.

Under the scope of the agreement, Wintershall Dea will rent three Remotely Operated Controls System (ROCS) including its universal landing string system (panpipe), and two wireless electric subsea control and intervention systems (eSCILS) from Optime Subsea. The latter will also provide technical service personnel to support Wintershall Dea’s operations.

The framework agreement is valid for a firm period of three years plus two additional two-year options (3+2+2). If both option periods are exercised, Optime Subsea estimates that the contract could generate total revenues of around NOK 500 million.

 

Jan-Fredrik Carlsen, CEO of Optime Subsea.

“This contract manifests our position as the leading global supplier of
remote-controlled well completion and intervention systems. Our solutions are
tailored to simplify subsea, entailing less equipment offshore, lower weight,
less logistics, lower HSE risk, lower emissions and lower costs. We look
forward to supporting Wintershall Dea in achieving this,” says Jan-Fredrik
Carlsen, CEO at Optime Subsea.

Wintershall Dea will utilize the ROCS and eSCILS equipment at its operated fields on the Norwegian continental shelf. 

ROCS and eSCILS

The ROCS is a fully battery-powered and umbilical-less system for well-completion operations. ROCS eliminates the need for the costly and heavy umbilical that normally runs from the topside to seabed to control the tubing hanger during completions, which also means that a large topside hydraulic unit is not required. In total, this avoids mobilization of approximately 50 tonnes of topside equipment. Further, ROCS is mobilized in a single basket, prepared and
made up onshore, allowing it to be ready to run immediately when offshore, from
a rig. In addition, the ROCS will be supplied with Optime Subsea’s universal landing string system (Panpipe), capable of being sheared and sealed on all its length.

The eSCILS is a battery-powered and umbilical-less subsea access device for well interventions and workover operations. eSCILS is lowered down to the seabed next to the well and can be connected to any type of subsea tree. A computer is all that is needed for a topside control system, no additional rig equipment is needed. With a footprint as little as 3,5 x 2,5 meters, eSCILS can be transported to and from the rig on a ship and be mobilized and demobilized in one day. As a result, operations can be done significantly safer, faster, and more cost-efficient than conventional solutions.Optime Subsea will manufacture all equipment at the company’s headquarter in Notodden, Norway.  

10-system series

In 2022, Optime Subsea made an upfront three-figure NOK million investment to build ten similar ROCS systems. A North Sea operator ordered the first two systems, a West African operator the third, and now Wintershall Dea has secured the next three.

“The decision to make such a large upfront investment was based on our market position and interest received from operators globally, plus an attempt to manage supply chain constraints. Looking back, it was obviously an ambitious but smart decision. We expect to close contracts for the remaining four systems during the next six months,” adds Jan-Fredrik Carlsen.

Optime Subsea has offices in Notodden, Norway, and Houston, Texas. Over the past five years, the company has established itself as a leading specialist on subsea intervention and controls systems globally.

 

For further media information, please contact:

Anneli Stenman, Marketing & Communications manager | Optime Subsea AS, e-mail: as@optimesubsea.no | Tel: +47 906 35 305.

Students from Notodden high school on professional praxis at Optime Subsea

We recently had a visit by seven interested students from Notodden high school, who wanted to know more about the engineering profession.

The seven students have had professional practice at Optime Subsea for two days, to meet our employees and learn more about their work. We met up with Katinka and Marcus, two of the students who applied to come to us, in the office of engineer Robert Sandven. Katinka and Marcus had already learned that a big part of an engineer’s job is to solve problems, and that working together to solve them is often the best solution.

Katinka Pedersen og Marcus Olai Hestad together with Robert Sandven – solving problems.

Bård Browning Johansen shows Jon Richard Simones his virtual showroom. 

All the students also visited 3D-developer Bård Browning Johansen, to be amazed by his virtual world. In Bård’s virtual showroom almost anything is possible. He makes realistic 3D-models and animations of our products and systems, which is a big help when we are trying to explain what our systems do to students and others.


After two days with a hectic schedule, the students were full of new impressions, and they hopefully learned a lot about what engineers do. 

 

We hope that we have inspired every one of these students to choose the
engineering profession, and that we will see them again in the future. 3D