FTAI to upgrade OCV with addition of well intervention tower

UK-based engineering and manufacturing company Osbit has secured a contract from Fortress Transportation and Infrastructure Investors (FTAI) to construct and supply a well intervention tower.

The tower will be installed on FTAI’s flagship offshore construction vessel, the M/V Pride, and will enable the vessel to conduct open-water or riser-based well intervention and decommissioning in water depths up to 1,500m.

“We are very pleased to have awarded the build of the intervention tower, and we look forward to working with Osbit to develop the tower and transform the Pride into a world class well intervention vessel,” said Jon Attenburrow, managing director of FTAI.

FTAI Ocean, a wholly owned subsidiary of FTAI, owns and operates a fleet of three offshore vessels used in the IMR, subsea construction, well intervention and decommissioning markets.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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