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
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