The Award is presented annually by the Intervention & Coiled Tubing Association (ICoTA) European Chapter to a service company or Operator for the application of technological innovation in the area of well intervention.
TechnipFMC won the Award for their Riserless Coiled Tubing Services from Light Well Intervention Vessel – first operation in a live subsea well.
This innovation marks a major leap forward in subsea well interventions, promising safer, simpler, faster, and more cost-effective operations!