Oil States International was recognized by Hart Energy in June 2025, receiving a Meritorious Engineering Award in the Marine Construction and Decommissioning category. The award specifically honors the company's Low Impact Workover Package (LIWP), a solution designed to enhance plug and abandonment operations and safeguard aging wells. This recognition highlights Oil States' commitment to advancing the production of affordable and reliable energy through technological innovation.
The LIWP integrates field-proven technologies, including the company's lower riser package and emergency disconnect package, to create a tether-free, streamlined system. This system offers significant advantages compared to existing well intervention and decommissioning methods, improving efficiency and safety in critical offshore operations. The award underscores the value of OIS's differentiated technology offerings in the energy sector.
This accolade reinforces Oil States' strategic focus on specialized, high-value offshore and international markets, where its proprietary technology provides a distinct competitive edge. Such innovations are crucial for enhancing customer operations and contributing to the company's competitive moat, supporting its long-term growth strategy.
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