Former Aker Well Intervention Businesses Restructured

Qinterra has completed the restructuring of two well-intervention businesses it acquired from Aker Solutions in January this year, the firm reported Tuesday.

Qinterra, the holding company for the two businesses, said that they have been rebranded as Altus Intervention and Qintetta Technologies.

Altus – which employs approximately 1,300 people in Norway, Denmark and the UK – offers wireline, wireline tractor, coiled tubing and logging services across the North Sea region. Its UK operation also offers pipeline and process services.

Qinterra Technologies – employing around 300 people in several locations around the world – is a specialist intervention technology company that offers wireline tractor services and other mechanical tools. It will act as a technology supplier to its sister company.

"Put simply, Altus Intervention is the brand that our North Sea customers will relate to. Operationally this is no change from today," Qinterra CEO Jørgen Peter Rasmussen said in a company statement.

"The Qinterra Technologies brand, meanwhile, will represent our international wireline tractor technology and spearhead our expansion plans outside the North Sea."

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Hurricane Spuds North Sea Halifax Well... (Jan 16)
 -  Inpex, ADNOC Agree to Extend Offshore ... (Jan 16)
 -  Jesse Norman to Take on Full Energy Br... (Jan 13)
 -  CNOOC Starts Penglai 19-9 Output (Jan 13)
 -  Report: CHC to Shut Down Bergen Base, ... (Jan 13)


Most Popular Articles

From the Career Center
Jobs that may interest you
Criterion Catalyst Instrument & Electrical Tech
Expertise: Electrical Technician|Instrumentation Technician
Location: Pittsburg, CA
 
Continuous Improvement Coach - Lean Six Sigma
Expertise: Operations Management|QA / QC / Inspection
Location: Houston, TX
 
Criterion Catalyst Mechanic
Expertise: Mechanic
Location: Martinez, CA
 
search for more jobs

Brent Crude Oil : $55.45/BBL 0.99%
Light Crude Oil : $52.37/BBL 1.20%
Natural Gas : $3.42/MMBtu 0.88%
Updated in last 24 hours