Altus Grabs Maersk Oil Well Intervention Gig

Business & Finance

Altus Intervention has won a fixed term, five-year contract to provide well intervention services for Maersk Oil.

The company was awarded the contract for the provision of slickline services, coiled tubing services, well surveillance, ballistic and wireline tractor services to support Maersk Oil’s Central North Sea operations and planned abandonment campaigns.

Altus Intervention’s UK President, Garry Michie said: “We are delighted to build upon our existing relationship with Maersk. This contract award demonstrates not only the breadth of service disciplines we can offer but also our ability to deliver an integrated well intervention package. Our priority is to provide sustainable cost reductions to our clients and through this integrated approach we are able to deliver this whilst maximizing operational efficiencies and mitigating risk.”

Åge Landro, CEO of Qinterra AS, parent company of Altus, added: “We have had the pleasure of working with Maersk over many years, as we have provided them with downhole technology to their operations in Denmark. I see this award as a confirmation of our service quality we have delivered to Maersk so far. It also confirms the value we offer in our integrated business model.”