NEW - SWIS Capping Service
On 1st December 2022, we announced the signing of a revised agreement for all SWIS members, establishing several new and updated benefits and removing significant financial barriers to accessing the dedicated subsea service.
A new Capping Service – a comprehensive equipment stockpile that integrates OSRL’s Offset Installation Equipment (OIE) with its capping stacks to provide an expanded capability covering both shallow and deep water. The service also includes access to subsea incident response toolkits, dispersant delivery systems, water column monitoring equipment and other capping equipment ancillaries.
Better value for members – An annual baseline membership fee now covers legacy wells and the majority of well re-entry activities without needing specific well nominations. This fee also now includes cover for two new wells. Members will then pay an additional fee to cover further wells.
Removes existing financial hurdles for membership – a pay-on-demand alternative to the historic financial standing security approach. In addition, this update increases accessibility by removing a significant barrier for prospective members.
Response Services – The introduction of mobilisation support aligns SWIS services scope to OSRL’s wider surface Service Level Agreement (SLA). Membership to SWIS continues to provide access to the SWIS Mutual Aid Framework Agreement (MAFA) and the Global Subsea Response Network (GSRN) we facilitate
If you would like further information or to discuss adding SWIS Capping Service to your membership, please contact email@example.com
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