Heads of agreement - joins forces with OOS Energy
With the signing of the Heads of Agreement document, OOS Energy will join forces with WestGroup and create a new company “OOS Energy Platform Services”
Houston May 1st 2018
OOS Energy BV a subsidiary of the OOS International Group today signed the Heads of Agreement with WestGroup from Norway.
With the signing of the Heads of Agreement document, OOS Energy will join forces with WestGroup and create a new company “OOS Energy Platform Services” focusing on platform Drilling/ Well Intervention and P&A activities.
The signing was done by WestGroup CEO and owner Odd Børge Skjaerseth and OOS Energy CEO & co-owner/founder Cor Selen. Witnessed by the Norwegian State Secretary Ingvild Tybring Gjedde.
The new company will acquire the first Continuous Motion Tender Rig in the world.
This Tender rig, compliant to NORSOK standards will be employed on platforms in the Norwegian and UK continental shelves using the OOS International SSCV’s for installation and removal. This unique combination will enable OOS Energy Platform Services to remove old platform drilling packages that are usually require significant investments to upgrade and re-certify. With our installation and removal capabilities we can offer an unprecedented cost effective solution.
Cor Selen further added: "Another important feature of our unit is that due to its continuous motion and circulation capabilities, this is the only offshore drilling rig capable of drilling/ circulating and tripping continuous. Without the need to set slips or stop the motion of the drill string. With this capability the unit will besides improving efficiency on and around the drill floor also substantially improve and de-risk the actual drilling process. This drilling unit will become a true game changer in the drilling industry."
Discussions with future clients are progressing.