Wison Launches Buoyant Tower Solutions with Storage
Wison Offshore & Marine has developed a new Buoyant Tower solution with condensate or oil storage, adopting Wison’s proprietary Buoyant Tower technology. This floating concept provides a new economic and reliable option for the oil and gas development in the shallow to medium-depth waters. Originally invented by Ed Horton and Lyle Finn, the Buoyant Tower technology was first applied to BPZ CX-15 project offshore Peru when both Ed and Lyle worked for Horton Wison Deepwater Inc. (HWD), now renamed as Wison Offshore Technology Inc.
Horton Wison Deepwater Announces New President
Thirty plus Year Offshore Industry Veteran Joins Horton Wison Deepwater, Inc. Horton Wison Deepwater, Inc. announced the appointment of Gregory Navarre as President of the company and a member of the company’s Board of Directors. Mr. Navarre brings with him more than 30 years of relevant industry experience to his new role having previously served as Chief Operating Officer of the company, as well as in various executive positions with Global Marine and Horton Wison Deepwater’s sister company Wison Offshore & Marine (USA), Inc. Mr.
World's First Buoyant Tower Set Offshore Peru
Horton Shallow Water Development's (SWD) CX-15 buoyant tower has been set as planned for BPZ Energy off the coast of Peru. The Buoyant Tower concept draws on the proven technology of the cellspar and the design provides multiple benefits for fields where other concepts would be problematic requiring high capital costs and expensive crane barges for installation. The design allows for oil storage if needed, can eliminate separate shallow water drilling units and provides a high level of flexibility for the operator.
GMC & Horton Wison Deepwater Confirm Joint Venture
GMC and Horton Wison Deepwater today confirmed their Joint Venture established to design and supply innovative Buoyant Towers for shallow water fields. Kevin Chell CEO of the joint venture stated “The Buoyant Tower concept draws on the proven technology of the cellspar and the design provides multiple benefits for fields where other concepts would be problematic requiring high capital costs and expensive crane barges for installation. The buoyant tower can operate in water depths up to 700 feet and can be relocated allowing small marginal plays to be exploited in a cost effective manner.
