The investment follows recent business wins for the supply of Interventek’s Revolution shear and seal safety valve to support well intervention projects in the US and Caspian for a range of customers including an international oil operator.
“Established five years ago, Interventek has now emerged from a focused phase of R&D into an exciting period of commercial growth. Our core technology has achieved industry qualification and is already well proven in the field as part of a surface intervention and subsea in-riser landing string application and we are seeing increasing customer interest with a number of potential projects in the pipeline” explained Gavin Cowie, managing director at Interventek.
“With the global market for our subsea technology worth in the region of half a billion pounds and the need for safer and more cost effective well intervention rising, this is a prime time for our business to be positioned to work with all types of partners from global IOCs to dynamic independents and forward-thinking service providers. Our new team members, with their incredibly strong design and engineering skillset, are a valuable asset to the company. They will help to ensure we are fully prepared for the future as we look to roll-out our portfolio of shear-seal valve designs as well as pursue our ambition for the delivery of complete subsea intervention safety systems. These include a landing string system, an open water riserless intervention system and well abandonment tree saver system.”
Interventek’s workshop has been expanded to create a technology development and test centre with a 5000 ft2 space kitted out with an overhead crane and the latest pressure and temperature test equipment including two pressure test bays, HPHT pressure test pumps, a hyperbaric test cell, a purpose-built flow loop, a thermal cell for elevated temperature testing, an advanced data acquisition system with calibrated pressure transducers and metrological instruments for development diagnostics.
