Patent Number: 
Section: claims

1. An apparatus for inserting or removing a string of tubulars from a subsea borehole, the apparatus comprising: a first, lower, gripping mechanism for use in a location subsea in the vicinity of the subsea borehole, the first gripping mechanism being capable of gripping a portion of the string of tubulars;  a second, upper, gripping mechanism for use in a location subsea in the vicinity of the subsea borehole, the second gripping mechanism being capable of gripping a portion of the string of tubulars;  wherein the first and second gripping mechanisms are moveable with respect to one another;  a movement mechanism which, when actuated, moves one of the first and second gripping mechanisms with respect to the other of the first and second gripping mechanisms, such that the string of tubulars is inserted into or removed from the subsea borehole;  a make up/break out mechanism configured to one of add a tubular to and remove a tubular from the string; and  a compensation mechanism configured to keep the make up/breakout mechanism substantially stationary with respect to a subsea surface. 2. An apparatus as claimed in  claim 1  wherein the first gripping mechanism is lower than the second gripping mechanism. claim 1 3. An apparatus as claimed in  claim 2  wherein the first gripping mechanism is adapted to be substantially stationary with respect to the mouth of the subsea borehole, and the second upper gripping mechanism is moveable with respect to the first gripping mechanism. claim 2 4. An apparatus as claimed in  claim 1  wherein the movement mechanism comprises a jacking mechanism including a piston cylinder and a piston located within the piston cylinder, and one of the first and second gripping mechanisms is secured to the piston and the other of the first and second gripping mechanisms is secured to the piston cylinder. claim 1 5. An apparatus as claimed in  claim 4  wherein the jacking mechanism is operable by introducing fluid into, or removing fluid from, one side of the piston within the piston cylinder. claim 4 6. An apparatus as claimed in  claim 5  further comprising a fluid reservoir to introduce fluid into, or remove fluid from, one side of the piston within the piston cylinder. claim 5 7. An apparatus as claimed in  claim 6  wherein the fluid reservoir comprises a high pressure fluid reservoir. claim 6 8. An apparatus as claimed in  claim 1  wherein the fluid reservoir is locatable subsea. claim 1 9. An apparatus as claimed in  claim 8  wherein the fluid reservoir is disposed in close proximity to the jacking system. claim 8 10. An apparatus as claimed in  claim 1  wherein the jacking mechanism and first and second gripping means are locatable vertically above a subsea equipment package. claim 1 11. An apparatus as claimed in  claim 10  wherein the jacking mechanism and first and second gripping means are locatable in line with the subsea equipment package. claim 10 12. An apparatus as claimed in  claim 1  further comprising a make up/break out mechanism which is capable of adding a tubular to or removing a tubular from the string. claim 1 13. An apparatus as claimed in  claim 12  comprising a handling mechanism adapted to deliver a tubular into, or remove a tubular from, the make up/break out mechanism. claim 12 14. An apparatus as claimed in  claim 1  further comprising a compensation mechanism to compensate the make up/break out mechanism for movement of a vessel in the sea. claim 1 15. An apparatus as claimed in  claim 14  wherein the compensation mechanism is adapted to compensate for movement of the vessel in a direction parallel to the axial direction of the string, such that the string may be substantially continuously inserted into or removed from the borehole. claim 14 16. An apparatus for inserting or removing a string of tubulars from a subsea borehole, comprising: a first, lower, gripping mechanism for use in a location subsea in the vicinity of the subsea borehole, the first gripping mechanism being capable of gripping a portion of the string of tubulars;  a second, upper, gripping/mechanism for use in a location subsea in the vicinity of the subsea borehole, the second gripping mechanism being capable of gripping a portion of the string of tubulars, wherein the first and second gripping mechanisms are moveable with respect to one another;  a movement mechanism which, when actuated, moves one of the first and second gripping mechanisms with respect to the other of the first and second gripping mechanisms such that the string of tubulars is inserted into or removed from the subsea borehole; and  a make up/breakout mechanism capable of adding a tubular to or removing a tubular from the string, wherein the make up/break out mechanism comprises a pair of vertically spaced tongs which are adapted to selectively grip the tubular. 17. An apparatus as claimed in  claim 16  wherein an uppermost tong of the vertically spaced tongs is adapted to impart rotation to the tubular. claim 16 18. An apparatus for inserting or removing a string of tubulars from a subsea borehole, comprising: a first, lower, gripping mechanism for use in a location subsea in the vicinity of the subsea borehole, the first gripping mechanism being capable of gripping a portion of the string of tubulars;  a second, upper, gripping mechanism for use in a location subsea in the vicinity of the subsea borehole, the second gripping mechanism being capable of gripping a portion of the string of tubulars, wherein the first and second gripping mechanisms are moveable with respect to one another;  a movement mechanism which, when actuated, moves one of the first and second gripping mechanisms with respect to the other of the first and second gripping mechanisms such that the string of tubulars is inserted into or removed from the subsea borehole; and  a riser into which an upper end of a string is insertable at a vessel. 19. An apparatus as claimed in  claim 18  wherein the lower end of the riser is sealable with respect to the sea. claim 18 20. An apparatus as claimed in  claim 1  further comprising a control system to control actuation of the first and second gripping mechanisms. claim 1 21. An apparatus as claimed in  claim 20  wherein the control system is adapted to control the jacking mechanism. claim 20 22. An apparatus as claimed in  claim 1  wherein the fluid reservoir is chargeable from a pump located on a vessel. claim 1 23. A method of inserting or removing a string of tubulars from a subsea borehole, the method comprising: providing a first gripping mechanism located subsea in the vicinity of the subsea borehole, the first gripping mechanism being capable of gripping a portion of the string of tubulars;  providing a second gripping mechanism located subsea in the vicinity of the subsea borehole, the second gripping mechanism being capable of gripping a portion of the string of tubulars;  wherein the first and second gripping mechanisms are moveable with respect to one another;  providing a movement mechanism which is capable of moving one of the first and second gripping mechanisms with respect to the other of the first and second gripping mechanisms;  actuating the movement mechanism such that the string of tubulars is inserted into, or removed from, the subsea borehole;  providing a make up/breakout mechanism for one of adding a tubular to the string and removing the tubular from the string; and  providing a compensation mechanism for keeping the make up/breakout mechanism substantially stationary with respect to a subsea surface. 24. A method as claimed in  claim 23  wherein the first gripping mechanism is lower than the second gripping mechanism. claim 23 25. A method as claimed in  claim 23  wherein the first gripping mechanism is substantially stationary with respect to the mouth of the subsea borehole, and the second, upper, gripping mechanism is moved with respect to the first gripping mechanism. claim 23 26. A method as claimed in  claim 25  wherein the second, upper, gripping mechanism is operated to grip the string of tubulars whilst the movement mechanism is actuated. claim 25 27. A method as claimed in  claim 26  wherein the first, lower, gripping mechanism is not actuated such that the first, lower, gripping mechanism does not grip the string of tubulars. claim 26 28. A method as claimed in  claim 27  wherein the first, lower, gripping mechanism is operated to grip the string of tubulars when the second, upper, gripping mechanism is not operated to grip the string of tubulars. claim 27