Houston, TX, 21 August 2018: JDR Cable Systems, the leading supplier of subsea umbilicals and power cables to the offshore energy industry owned by the TFKable Group, has launched a global intervention, workover and control systems (IWOCS) rental service.
JDR’s IWOCS rentals offer offshore oil and gas operators the ability to increase production from subsea wells without capex investment by providing a temporary connection. The systems can also be used for intervention, completions and plug and abandonment applications.
The company can provide a variety of configurations for offshore rigs or vessels from its global service centers, tailored for specific project requirements including single wire deployment and self-supporting IWOCS. This flexible approach enables operators to choose how and when to bring production online – significantly decreasing time, upfront cost and supply chain risk, compared to capital equipment.
David Nemetz, Director for the Americas at JDR, said: “In today’s price-pressured operating environment, oil and gas operators are focused on extracting more out of existing assets in the most cost-effective way. As sector specialists, we have delivered more than 200 of these IWOCS internationally so it made sense to take that technical expertise and offer it on a rental basis, giving operators additional flexibility and choice.”
JDR will also offer a wide range of supporting hardware and equipment including chemical injection units, hydraulic test units and umbilical reels.
Nemetz adds: “This new IWOCS rental service is an important part of our growth strategy. It opens up a wider oil and gas market for JDR and positions us as a leading global services provider for the subsea sector.”
Published: 21-08-2018
