Offshore Network and Douglas Westwood discussed current market dynamics for well intervention projects in the Asia Pacific as well as regional opportunities for the contractor community.
Many operators in the Asia Pacific have specialist intervention and workover teams in place that are dedicated to improving well work and ensuring enhanced production from their current portfolio or planning for a safe and effective plugging and abandonment program.
Due to the challenges with ageing infrastructure and facilities in the region, accessing wells and undertaking intervention work often requires a large budget to guarantee successful operations as well as a safe working environment.
The need for offshore well intervention work on both platform and subsea wells in the Asia Pacific is rising due to redevelopment work at brownfield sites, the increasing need for enhanced production and the need to extract the maximum amount of hydrocarbons from current fields.
Douglas Westwood, who will be presenting at the Offshore Well Intervention Workshop on June 10-11 in Kuala Lumpur, gave their insight on current market dynamics for well intervention projects in the Asia Pacific region.
For more information on speaking, sponsoring, exhibiting or attending this meeting, download the workshop brochure by following this LINK
Offshore Network has compiled DW’s thoughts into a whitepaper which covers:
– The main drivers for operators in the Asia Pacific to undertake well intervention projects as well as regional opportunities for the contractor community;
– A review of how low oil prices could affect well intervention projects in this region helping you to develop your strategy in this region;
– An update on the key regions for offshore well intervention work in this part of the world to help position your company in the region.
As well as this, Offshore Network have also assembled a regional map outlining some of the key areas for well intervention in the Asia Pacific as well as a forward look at future regions of interest.
Access the full report and regional map by following this LINK