GSI Completes Two Major Oil and Gas Contracts

Gulfstream Services Inc. (GSI), provider of equipment to the international oil and gas industry, has successfully completed two six figure decommissioning contracts with oil and gas service companies, Helix Well Ops U.K. and Dof Subsea.

The Helix contract was part of the BP North West Hutton decommissioning project where GSI tools were used to remove 10- and 20-inch pipelines from the seabed. GSI’s Hydraulic Shear was an effective engineering solution in the situation due to the quick boat to boat times.

GSI equipment was used by Dof Subsea for the cutting and recovering of items on a North Sea platform including a six-inch pipeline, concrete mattresses, clump weights and various small steel structures. After the assignment it was reported that the performance of GSI equipment and personnel were above expectations and caused no downtime.

Both projects were carried out in the North Sea over a three and two week period respectively.

Caroline Grant, operations manager GSI, said, “Since we established the GSI hydraulic shear division in 2006 we have performed over 8,000 cuts in worldwide locations using our specialized decommissioning equipment.”

GSI was established in the U.S. in 1978 and now has four bases across the states. Gulfstream Services U.K. was set up in January 2010 in Aberdeen to serve the international oil and gas industry and growing demand from customers in U.K., Norway, Middle East, Asia and Africa.

Approximately 6,300 subsurface cuts have been carried out and 2,000 land based cuts. The deepest cut completed by the firm was 3,019 feet for major oil and gas projects in the Gulf of Mexico.

Currently the GSI global hydraulic tooling fleet consists of 26 workable shears and grapples, which are used for numerous applications within the oil and gas industry including platform and pipeline removal, slot recovery, chain cutting, wire rope cutting, salvage work and well blow out intervention.

GSI recently increased its staff numbers in response to business growth; the company currently has 12 members of staff and plans to expand this by a further three in the coming months.

www.gulfstreamservices.com