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C-Innovation Awarded Multi-Year RLWI Contract

HOUSTON, TX, August 9, 2021 — C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, has been awarded a multi-year contract for Riserless Light Well Intervention (RLWI) services with a major operator in the Gulf of Mexico.

The contract is for the provision of RLWI services onboard the M/V ISLAND VENTURE, C-I’s flagship intervention vessel commissioned in 2017. The 160-meter, DP3 vessel is ideally suited to perform deepwater riserless interventions in the Gulf of Mexico. It is expected to perform intervention activities on eight to ten wells per year including wireline and stimulations.

C-I Vice President David Sheetz said, "This new contract is a direct result of our accomplishments with the same operator over the last two years. I am extremely proud of our teams and partnerships with both Halliburton and Baker Hughes to deliver the kind of success that allows us to continue to be the leaders with our Single Source Solution for deepwater RLWI in the Gulf of Mexico.

"These are exciting times for our industry," said Dino Chouest, President of C-Innovation. "The forward thinking and innovative ideas our teams have developed over the last two years are setting new standards in deepwater riserless well interventions. We look forward to expanding our offerings with additional vessels and advanced solutions in the near future."

For more information, please contact:

David Sheetz

Vice President, C-Innovation

+1 832-251-6665

Richard Bourque

Chief Operating Officer, C-Innovation

+1 985-612-1700

About C-Innovation

Edison Chouest Offshore affiliate C-Innovation (C-I) is a global, integrated marine services company specializing in advanced subsea solutions including Remotely Operated Vehicle (ROV) services and subsea construction. We provide innovative solutions to complex challenges in engineering, project management and operations of subsea field development in the oil and gas sector.

For more information please visit www.c-innovation.com.

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