JDR AND WILD WELL SIGN FIVE-YEAR LONG TERM SERVICE AGREEMENT

: Houston, TX, JDR Cable Systems (JDR), the leading supplier of subsea umbilicals and power cables owned by TFKable Group, has been awarded a five-year Long Term Service Agreement with Wild Well Control, Inc. (Wild Well), a Superior Energy Services company.

The five-year agreement, will see JDR design, manufacture and assemble intervention, workover and control systems (IWOCS) to be deployed in conjunction with Wild Well’s 7Series subsea intervention systems.

The 7Series subsea intervention system enables operators to conduct deep water live well interventions and / or plug and abandonment operations with improved safely and efficiently. The agreement with JDR includes Generation I and II of the 7Series technology – the latter allows operators to switch “on the fly” between riser-less and riser-based deployment functions without resurfacing.

Thomas Wilke, General Manager of Subsea, at Wild Well, said: “JDR is renowned for its industry-leading IWOCS and control systems. By collaborating, it allows each of us to focus on our respective core competencies to make deep water operations safer. What’s more, we recognize that as an organization, JDR has many synergies with our own. Our culture, structure and core values are strongly aligned, so this relationship is a natural fit.”

In order to facilitate a cost-effective roll out, each company will cross-train the other’s respective employees to optimize project personnel and generate additional savings for operators.

David Nemetz, Director for the Americas at JDR, added: “This agreement is testament to our ability to establish trusted relationships with other industry-leading suppliers, not just in terms of technology, but in enhancing the way we work to deliver additional value for our customers. Establishing a long-term, sustainable relationship with Wild Well delivers on our partnership approach to our business as well as broadens our presence in deep water markets such as the Gulf of Mexico and West Africa.”

ENDS

About JDR Cable Systems

JDR’s world-leading solutions bring power and control to energy systems in the global offshore oil, gas and renewable industries. For more than 20 years, we have built our success on our technical expertise and reliability. Every market we enter, every customer we serve, and every project we deliver benefits from exactly the same dedication to technical quality, service and support.

In designing, manufacturing, delivering, installing and supporting subsea power cables and umbilical systems, our engineers and manufacturers are committed to providing products and services of the highest quality. We deliver consistently reliable solutions through our specialist engineering and experienced project management teams. Our 24/7 service and support throughout the product lifecycle meets even the most complex and demanding project requirements.

About TFKable Group

TFKable Group is a leading global producer of wires and cables, with a significant number of production plants around Europe and a Cable Waste Recycling Department in Poland and sales offices globally. With their HQ in Poland, TFKable Group employs approximately 4,000 people and consists of several trading companies. TFKable Group offers 25,000 types of wires and cables, which are sold in 80 countries. With a consistent growth strategy based on client portfolio diversification, TFKable Group has cemented its position as a world leader in the cable business, with significant further development potential.

About Wild Well Control, Inc.

Wild Well, continues its tradition of being the global leader in well control, subsea intervention, related engineering and pre-event planning, and training by offering a range of services to meet the industry’s ever-changing needs. As a leader in well control, Wild Well responds to more than 80% of all blowouts around the world. Whether offshore or onshore, Wild Well responds quickly with experienced personnel and customized equipment to maintain the integrity of a wellbore through the use of innovative engineering solutions. With its continual introduction of pioneering, award-winning subsea technology, Wild Well continues to revolutionize the industry’s capabilities and saves operators time and money. Wild Well is headquartered in Houston, Texas.

Media contact

Louise Douglas

Aspectus

Louise.Douglas@aspectusgroup.com

+44 1224 472 553