Future deepwater well intervention will reduce costs, boost output ///

As subsea oil production extends farther into the world's deepwater regions, so, too, does the cost of intervening in these wells increase. This cost increases in proportion to the water depths involved. A revolutionary, new, joint industry project (JIP) was launched recently by the Expro Group with the support of three major operators. Its purpose is to develop a system that will deliver cost-effective, subsea intervention operations in deep water.

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