North East England based offshore technology supplier Osbit Ltd have reached a key milestone in the assembly of an innovative new well intervention tower system for FTAI Ocean.

The FTAI Ocean Smart Tower System, which will facilitate integrated riserless and riser-based well intervention operations on FTAI Ocean’s flagship DP3 vessel M/V Pride, is now standing at its full height of 40 metres, following the installation of the top section of the tower on to the lower section in a complex lift operation.

International oilfield service company Expro Group (“Expro”) has formed an exclusive alliance with global vessel provider FTAI Ocean LLC (“FTAI Ocean”), a subsidiary of Fortress Transportation and Infrastructure

Osbit Ltd, the UK-based offshore technology company, has been awarded a contract by FTAI Ocean, a subsidiary of Fortress Transportation and Infrastructure Investors LLC (FTAI), to design and construct an innovative new well intervention tower system. Osbit’s Smart Tower System facilitates integrated riserless and riser-based well intervention operations, in water depths up to 1,500 metres, and is to be installed on FTAI’s flagship DP3 vessel M/V Pride. The Smart Tower System combines elements of modular technology from Osbit’s experience in well intervention and offshore handling, with a series of innovations to improve operational safety, flexibility and accessibility. The tower’s vertical Completion Workover Riser (CWOR) racking system improves deck safety by reducing the need to access the intervention floor and to handle CWOR joints, while its small footprint