Press

PSW Group Capping stack sent to Egypt


PSW Group supports Edison Exploration & Production for Capping Stack & Support
Services in their first Deepwater well, Egypt
(Bergen, 3rd May 2020) PSW Group are pleased to announce the combination of two
milestones for their capping stack division.
Edison's E&P Ameeq-1X well was the first well to be drilled in their North Thekah concession 130
kms offshore from the Nile Delta. This was the first international operation for the PSW capping
stack division and, in combination with the Edison E&P Emergency Response Team, prepared
logistics and response plans to mobilise and deploy the stack in Egypt if required. Edison E&P
concluded the rapid response time from Mongstad and developed logistics plans meant the
capping stack could be at the wellsite as fast any other system even if flown to Egypt.
The second milestone was the deepwater nature of the well. Ameeq-1X was drilled in
approximately 1000 m of water making it the deepest of wells supported to date by PSW. “Our
subsea engineers are familiar with deepwater operations but this was the first time we prepared
the capping stack and support systems for greater than 500 m of seawater” says Oddbjørn
Haukøy, CEO of PSW Group.
“Developing emergency response systems with the Edison E&P Operations Team before the well
was spudded and having a team prepared to undertake the voyage from Mongstad with the
capping stack were key factors in the selection of PSW to support our Operations” says Simone
Conti, Edison E&P Egypt Drilling Manager.
A Capping Stack is a large well closure device that connects to the top of a blowout preventer
(BOP) and is capable of sealing off a well if the BOP fails. As part of the Capping Stack agreement,
PSW Group provide the maintenance, training and deployment along with a 24/7 duty team
standing by. With PSW Group`s strategic facilities close to one of Europe's largest offshore supply
base on the Norwegian west coast, the Capping Stack can be mobilized at quayside within 24
hours.
“The increasing interest from global operators strengthens our position as a provider of these
critical services. This is supported by our alliances with Intermoor and Exceed Well Management
for deployment and incident support internationally from quayside to wellsite” says Oddbjørn
Haukøy, CEO of PSW Group.
For further information, please contact:
Oddbjørn Haukøy, CEO of PSW Group
Telephone: + 47 911 71 914
PSW Group is a company which delivers multidiscipline services to the oil and energy sector.
The company is organized in the following entities: PSW Technology, PSW Solutions, PSW
Integrity, and PSW Power & Automation. The company is headquartered in Western Norway,
and has branches in Liverpool (UK), Singapore and Perth (AUS). For more information, please
see www.psw.no
Edison E&P
Edison Exploration & Production is an international operator of hydrocarbons based in Milan,
Italy. Edison Exploration & Production has a 70-years' experience along the entire upstream
value chain as an operator and project partner in various countries. Its goal is to create value in
a safely and sustainable way in the exploitation of oil and gas resources, paying particular
attention to the areas in which operates. It employs around 300 people (not including the joint
ventures), and it has shares in production facilities and in exploration concessions in Italy,
Egypt, Algeria, Croatia, Greece, Norway and in the UK. In 2019, it produced 40 KBOED and it
has 203,4 Mboe of gross 2P reserves.



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