JDR LAUNCHES IWOCS RENTAL SERVICE

: Houston, TX, JDR Cable Systems (JDR), the leading supplier of subsea umbilicals and power cables to the offshore energy industry owned by the TFKable Group, has launched a global intervention, workover and control systems (IWOCS) rental service.

JDR’s IWOCS rentals offer offshore oil and gas operators the ability to increase production from subsea wells without capex investment by providing a temporary connection. The systems can also be used for intervention, completions and plug and abandonment applications.

The company can provide a variety of configurations for offshore rigs or vessels from its global service centers, tailored for specific project requirements including single wire deployment and self-supporting IWOCS. This flexible approach enables operators to choose how and when to bring production online – significantly decreasing time, upfront cost and supply chain risk, compared to capital equipment.

David Nemetz, Director for the Americas at JDR, said: “In today’s price-pressured operating environment, oil and gas operators are focused on extracting more out of existing assets in the most cost-effective way. As sector specialists, we have delivered more than 200 of these IWOCS internationally so it made sense to take that technical expertise and offer it on a rental basis, giving operators additional flexibility and choice.”

JDR will also offer a wide range of supporting hardware and equipment including chemical injection units, hydraulic test units and umbilical reels.
Nemetz adds: “This new IWOCS rental service is an important part of our growth strategy. It opens up a wider oil and gas market for JDR and positions us as a leading global services provider for the subsea sector.”

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.

Media contact

Tamsin Jackson

Aspectus

Tamsin.Jackson@aspectusgroup.com

+44 1224 472 553