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    Cal Dive forms new well operations subsidiary

    News // November 8, 2002
    Cal Dive International (CDI) has formed a new wholly-owned subsidiary, Well Ops Inc, to provide offshore oil and gas operators with expertise and technology for cost-effective subsea well operations.

    The establishment of the Well Ops group of companies follows the construction of the purpose-built Q4000 and the acquisition of the Subsea Well Operations Business Unit of CSO Ltd (the subsidiary of Technip-Coflexip) in June. The new company will be based in Aberdeen, in the UK, operating through Well Ops (UK) Ltd.

    "The mission of the new companies is to provide the industry with a single, comprehensive source for addressing current well ops needs, and to engineer for future needs. Purpose-built vessels serve as work platforms for well operations services at costssignificantly less than drilling rigs," said the company in a recent statement.

    In the Gulf of Mexico, the new, multi-service semi-submersible Q4000 and the Uncle John have recently achieved a series of "firsts" in increasingly deep water without the use of a rig. CDI's Seawell, a DP3 vessel, has provided intervention and abandonment services for more than 400 North Sea wells since her commissioning in 1987.

    Heading up the new division in the UK is Bill Morrice, who has assumed the position of general manager of Well Ops (UK) Ltd and Ian Collie, who is general manager of Well Ops Inc. Both report to Martin Ferron, Cal Dive President and Chief Operating Officer.

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