Expro to supply vessel for subsea well system

Oilfield service company Expro has signed a $100m (£63m) multi-year contract with marine and subsea operations services provider TS Marine Asia Pacific to supply the Havila Phoenix vessel, together with ROV and other associated services, to deploy the AX-S subsea well-intervention system.

AX-S is a remotely operated, inherently safe intervention system that is intended to change the way in which oil and gas companies can access and intervene on their subsea well stock at any depth, improving their cash flow and minimising risk.

The system will be remotely operated from a mono hull vessel and can be rapidly deployed to virtually any subsea well, in any water depth.