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Lewis, Grenland sign MOU

Offshore staff

ABERDEEN, UK – Lewis Ltd. has signed a Memorandum of Understanding with Grenland Group ASA.

"This will benefit both partners and provide a unique and cost-effective one-stop shop for well intervention equipment," says a spokesman. "The two companies bring together their experience in the oil and gas sector to provide the entire suite of products necessary for riserless and riser-based subsea well intervention. All the operator has to do is provide a monohull or semisubmersible vessel."

Also, the combined venture has developed a modular riserless lubricator/derrick package for shallow water which can be upgraded for deeper water or riser intervention.

05/09/2008

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