Offshore Europe Edition
PUBLICATION OGV CELEBRATES 2ND ANNIVERSARY AT OE 2019 P.28
One of the Industries Leaders Offering Total Asset Solutions To Global O&G Operators DRILLING STRUCTURES
• • • • • • •
DERRICK/MAST DESIGN & ENGINEERING DERRICK/MAST MANUFACTURE DERRICK/ MAST ASSEMBLY & OUTFITTING RECERTIFICATION UPGRADE & MODIFICATION API INSPECTIONS DECOMMISSIONING
• • • • • • •
ASSET PREPARATION INTERFACE SERVICES ELECTRICAL & INSTRUMENT ABANDONMENT HOT & COLD CUTTING SERVICES REDUNDANT EQUIPMENT REMOVAL STRUCTURAL STEEL FABRICATION TRUNNION & PAD EYE INSTALLATION
• • • • • • •
API CAT III & IV INSPECTIONS RIG AUDITS DROPPED OBJECT INSPECTION SURVEYS NDT INSPECTIONs CONDITION INSPECTIONS/SURVEYS ASSET TAGGING /TRACKING ATEX INSPECTION
• • • • • • •
IRATA ROPE ACCESS CONSTRUCTION SERVICES ELECTRICAL & INSTRUMENT PROCESS SIMPLIFICATION HOOK UP AND COMMISSIONING MAINTENANCE EPC PROJECTS
DESIGN- ENGINEERING- FABRICATION • • • • • • •
PIPING DESIGN & ENGINEERING STRUCTURAL DESIGN & ENGINEERING STRUCTURAL ANALYSIS ENGINEERING SURVEYS STRUCTURAL FABRICATION PIPING FABRICATION (PED MOD H) E&I ENGINEERING
Email: email@example.com Tel: +44 (0) 1493 669141 www.derricksl.com
LETTER AND CONTRIBUTIONS
Journalists Tsvetana Paraskova Kirsty Whyte Loren Steffy Design Ben Mckay Fara West Contributors Jim Thomson Paul Watson Laura Johnston Keith Palmer David Stephenson Krisstopher Melvin Beatriz Rodriguez Bob Watt Drew Alexander Quintin Milne Greig Masson Rod Hutchison Printed by C-Growth
FOR MORE INFORMATION VIEW OUR MEDIA PACK
Kenny Dooley Managing Director
This month we are delighted to bring you the “Offshore Europe” Edition of our publication which also marks the second anniversary of OGV Energy Magazine!
Vice President Human Resources, Oilfield Equipment at BHGE. She joined GE in 2011 and fell in love with the potential the Oil and Gas industry had to offer.
In September 2017, the very first edition of the magazine was launched at Offshore Europe against a backdrop of uncertainty for the Energy industry. Fast forward two years later and we have reached issue 24 and are back at Offshore Europe hosting our very own OGV Energy Pavilion for the first time.
For our “Day in the life” segment we gain a first-hand account from Greig Masson, Mobilisation Co-ordinator at Orca Oceanic Systems of the processes involved with vessel mobilisation, where he encounters some interesting unwanted guests along the way!
The signs are positive that the sector is on the road to recovery with a predicted 36,000 visitors expected to walk through the doors of the new TECA building for this year’s event. Our OGV Pavilion Directory on page 22 will tell you all you need to know about the fantastic companies exhibiting with OGV Energy this year and we are delighted to have leading subsea contractor Rever Offshore as our primary sponsor! In keeping with the Offshore Europe theme, our regional focus is Europe this month, which has experienced real change in the Oil and Gas markets in recent years. The “North Sea Review” looks at the OGA’s annual “UK Oil and Gas Reserves and Resources Report” and it states that the overall remaining recoverable reserves and resources in the UKCS range from 10 to 20 billion barrels of oil, so a lot to play for still! For this issue’s “Women in Industry,” we put the spotlight on Beatriz Rodriguez,
In his monthly article, prize-winning writer Loren Steffy investigates the issue of whether the Permian basin is slowing down, as some data indicates and what the activity in the basin will look like moving forward. Our Innovation and Technology Zone is back with a round-up of the latest innovative products and technologies making waves in the industry. First up, OGV headed to Montrose harbour for Ocean Power Technologies’ Technology day. We interviewed Paul Watson, BD Director to find out more about the cost-savings and environmental benefits of their “Powerbuoy” technology. Next up, we have an article from Plant Integrity Management on outcome-based contracts driving innovation and collaborating for success. Expro then provide insight on blending innovation benefits to drive down costs. Meanwhile, Deep Casing Tools tell us about the MechLOK Drill Pipe Swivel™ in a Q&A with CEO David Stephenson.
If you’re attending Offshore Europe, visit the OGV Pavilion in hall 1, stand 1Q51. Thanks for reading and see you again for the next issue. www.oilandgasvisionjobs.com/ advertise-with-us
LOOK OUT FOR OUR PLAY BUTTON YOU CAN WATCH OUR VIDEOS IN OUR DIGITAL MAGAZINE AT www.oilandgasvisionjobs.com/magazine
Follow us on our social media platforms
WELLBORE INTEGRITY THROUGHOUT THE LIFE OF THE WELL
CONTENTS FEATURES THIS MONTH 06
UK North Sea Review
Regional Focus: U.S. Producers confront permian slowdown
Regional Focus: Europe
The World’s Top 10 offshore oil & gas projects
DeltaTek makes a string of appointments & doubles premises
Proserv: Communication is key to effective market intelligence
Prodrill bolsters board to support growth and industry vision
AFC Women set for celebration of inaugural season
INNOVATION & TECHNOLOGY 16
PB3 Powerbuoy® - Renewable power and cost savings
Plant Integrity Management - Outcome based contracts collaborating for success
Expro - Blending innovation benefits to drive down intervention costs
Deep Casing Tools - MechLOK Drill Pipe Swivel™ - A worldwide first
OGV ENERGY PAVILION
Women in industry - Beatriz Rodriguez, Vice President Human Resources, Oilfield Equipment, BHGE
A day in the life - Greig Masson, Mobilisation Co-ordinator, OOS
22 EXHIBITOR DIRECTORY
World Projects Map
On the move - Recruitment
Rever Offshore, formerly known as Bibby Offshore, is a leading specialist provider of fully integrated subsea construction and offshore management services to a varied client base throughout the offshore energy industry.
Bassoe Analytics - Rig Utilisation
OGA Project Tracker - Pathfinder
We operate a trusted fleet of subsea support vessels and advanced remotely operated vehicles (ROVs). Our diverse range of services include; full in house project management and engineering services to support EPIC project delivery, subsea construction, subsea inspection repair and maintenance, decommissioning services, flexible flowline and umbilical installation, survey and inspection and saturation/air diving services. By remaining independent and focused on what we do best, Rever Offshore add value through expert insight and unrivalled expertise across specialist subsea areas. By always listening, learning and improving, we will deliver subsea operational success together.
Legal & Finance
OGV PAVILION - SUPPORTED BY REVER OFFSHORE
01 www.setsltd.com Tel: +44 (0) 1224 465 210 firstname.lastname@example.org
Editorial Kenny Dooley C-Growth Ltd / OGV Energy email@example.com +44 (0) 7825 885817
VISIT THE OGV PAVILION 1Q51 WWW.OGVENERGY.CO.UK
SETS provide pioneering world class technical innovation, engineering and tooling services to deliver efficient conductor & caisson management and repair solutions. We specialise and have extensive experience of working in the splash zone. Whatever the depth we have a solution. Our capabilities include commercial & operational de-risking, full project management, engineering, marine operations, life of field and bespoke tooling. Utilising a combination of existing and newly developed technologies, SETS has developed tooling, processes and methods to allow the cleaning and Inspection of conductors continuously from the surface, through the “splash zone” and underwater down to the conductor guide frame, where after cleaning, detailed inspection can take place delivering year on year repeatable results, which the Operator can use to accurately predict degradation or specify repair requirements. Our projects and workscopes focus on creating innovative, efficient solutions to solve our client’s problems and challenges of the 21st Century.
Advertising OGV Energy OGV Energy 11 Thistle Place Rig Control Products 02 firstname.lastname@example.org Aberdeen Rig Control Products (RCP) have an outstanding reputation for delivering high quality innovative oilfield control equipment and engineering support services. Our equipment portfolio includes hazardous area www.rcpat.com control equipment, drill floor safety systems, Tel: +44 (0) 1224 1224 798 312 084 114 +44 (0) AB10 1UZsubsea and well control equipment such as choke control consoles and glycol injection units, and hazardous area solar power systems. RCP Products are designed, email@example.com
built and maintained by an in house team of multidiscipline engineers and service technicians allowing RCP to meet the increasing demands of the drilling industry and offer clients a single source solution for turnkey projects. Principle offices in Aberdeen and Singapore support a network of trusted partners across the globe allowing RCP to operate from many of the key global oil hubs including UAE, India and Australia. This critical network ensures that we fulfil our commitment to provide rapid worldwide support of our products.
www.harperuk.com Tel: +44 (0) 146 484 130 firstname.lastname@example.org
Disclaimer: The views and opinions published within editorials and advertisements in this OGV Energy Poulton Technologies produces the unbreakable PT1 pipeline connector. It was developed and tested in Publication are not those of our editorwww.connectandseal.com or company. Whilst we have made every effort to ensure the the UK, can be fitted in hostile conditions, in limited space and without a need for welding or other hot work. The PT1 is unique because of its patented novel sealing technology. It is probably the most rugged Tel: +44 (0) 748 492 0637 legitimacy of the content, OGV Energy cannot accept any responsibility for errors and mistakes. pipe connector in the world because sealing is totally decoupled from connecting. Using a metal seal, the email@example.com PT1 is also fire safe and can even seal helium. With Type Approval by Lloyd’s Register (ANSI 2500lb up to 16-inch NB) and worldwide patent applicability, the PT1 provides you with quicker, safer and more cost-effective options for newbuild, repair and brownfield modification projects. 6000 psi - no problem. No hot work - no problem. Problem? No problem.
www.deltatekglobal.com Tel: +44 (0) 1224 679 60 enquiries@deltatekglob
www.xodusgroup.com Tel: +44 (0) 1224 628 30 firstname.lastname@example.org
www.craig-internationa Tel: +44 (0) 1224 701 88 steve.mchardy@craig-g
www.ontaap.com Tel: + 44 (0) 845 230 978 email@example.com
UK NORTH SEA
UK North Sea Oil & Gas Review By Tsvetana Paraskova
N O R T H
S E A
Several key industry reports on resources, costs, and environment, and a lot of drilling activity updates and contracts dominated the news flow from the UK North Sea oil and gas sector this past month.
The Oil and Gas Authority (OGA) published its annual UK Oil and Gas Reserves and Resources Report, which showed that the overall remaining recoverable reserves and resources on the UK Continental Shelf (UKCS) remain at a significant level ranging from 10 to 20 billion barrels plus of oil equivalent. Last year, around 680 million boe (mmboe) were added to 2P reserves and about 600 mmboe were produced—leading to a reserve replacement ratio of 115%, the OGA has estimated. The UK’s contingent resources are still significant, with a central estimate of discovered undeveloped resources of 7.5 billion boe. Much of this resource is in mature developed areas and under consideration for development. “The maturation of contingent resources presents a significant opportunity for the continued development of the UK’s petroleum resources. This will require substantial investment in both new field developments and incremental projects,” the OGA’s report says.
The Authority also published its UKCS Decommissioning Cost Estimate 2019 report, showing that the 2019 'like-for-like' decommissioning cost estimate dropped by 17% to £49 billion comparing to the same inventory in 2017. The decommissioning costs reduction has been largely due to continued improvement in planning and execution practices, including costs for well plug and abandonment in the Northern North Sea (NNS) and Central North Sea (CNS), lowered platform running costs in the NNS, and lower platform and subsea infrastructure removals in the NNS and CNS, according to the report.
entrants need to boost investment in new oil and gas production. Since 2008, new entrants have increased their presence on the UKCS and now they control 46% of production, 39% of reserves, and 64% of potentially commercial volumes yet to be developed, according to Westwood Energy.
In July and early August, the OGA also offered for award 4 licences to 3 companies in the 31st Supplementary Offshore Licensing Round focused on the Greater Buchan Area, and launched a restricted ‘Out of Round’ offer of two blocks around the Northern North Sea Rhum Field.
The key industry association Oil & Gas UK (OGUK) published its 2019 Environment Report which evaluates performance across a range of areas including emissions, chemical discharge, waste disposal, and produced water, to the end of 2018. The key finding from the report is that CO2 emissions dropped by 3% in 2018 compared to 2017, while production rose by 4% at the same time.
Westwood Global Energy Group published a new study in mid-July, saying that new entrant exploration and production companies are key to the future development and production from the UKCS; yet, the new E&P
“The big deal values grab the headlines, but it is how new entrants balance reinvestment of cashflows from the assets they buy with paying dividends that will determine their lasting impact on the UKCS,” says Emma Cruickshank, Head of Northwest Europe at Westwood Energy.
“Operators are making changes to processes and equipment offshore to continually improve efficiency and emissions performance.
UK NORTH SEA Alongside this, OGUK is actively working with its members to understand solutions to meet our commitment to the UK’s net-zero ambition by 2050 and the expectations of society whilst maintaining sovereignty of supply,” Louise O’Hara Murray, OGUK’s Environment Manager, said, commenting on the findings of the report.
three-well contract with Perenco. The rig will move to the UK North Sea to work on the Wollaston and Ravenspurn fields, starting in October this year, Maersk Drilling added. Jersey Oil & Gas announced on 22 July it was awarded significant acreage containing over 100 million barrels of discovered oil, including the Buchan oil field, in the OGA’s 31st Supplementary Offshore Licensing Round. “These awards are the kind of value-creating opportunities available to nimble independent companies operating in the North Sea today and stem from an intensive two-year work effort behind the scenes by JOG to prepare today's winning applications,” said Andrew Benitz, CEO of Jersey Oil & Gas.
Louise O’Hara Murray, Environment Manager, OGUK
In project, drilling, and deals updates, Hurricane Energy announced it spudded on 12 July the 205/26b-B well, Lincoln Crestal, using the Transocean Leader rig. Lincoln Crestal is the second in a three-well programme on Hurricane’s Lincoln and Warwick assets, the Greater Warwick Area.
Xodus Group announced an agreement to acquire Perth-based Green Light Environmental, as part of plans to expand its Asia Pacific (APAC) operations. McDermott International said on 18 July it had relocated its Subsea Center of Excellence from Epsom in Surrey to London, following BP’s award of the Greater Tortue Ahmeyim Natural Gas Project offshore Mauritania and Senegal. “The relocation of our subsea office positions us well for the successful execution of recent project awards and enables us to expand our subsea offering to meet projected growth,” said Tareq Kawash, McDermott’s Senior Vice President for Europe, Africa, Russia and Caspian. Maersk Drilling said on 21 July that its jackup Maersk Resolute had been awarded a
Privately-held oil and gas exploration company Soliton Resources Limited announced on 26 July the farm-out of UK Central North Sea Licence P2390 (Blocks 23/26e and 30/1d) to Equinor UK Limited, which will buy an 85% working interest in the licence and assume operatorship to undertake an initial work programme to improve the quality of existing 3D seismic data.
“Today, we have announced our intention to exit oil and gas production. This will complete our shift towards the customer, as we focus on our distinctive strengths, with an emphasis on helping our customers transition to a lower carbon future,” departing Chief Executive Officer Iain Conn said in a statement. On 31 July Prosafe said it had signed a contract with Total E&P UK Limited for the Safe Caledonia to provide accommodation support at the Elgin complex in the UK North Sea. The contract, beginning in mid-April next year, has a firm duration of 162 days with one 30-day option. In its Q2 operational update on 5 August, Prosafe said that Safe Boreas continued the contract with Equinor at the Mariner installation in the UK and was in full operation throughout the second quarter. The contract’s firm period has been extended through September 2019 as Equinor exercised in April three of six one-month options. Hague and London Oil PLC announced on 31 July the spudding of the Andromeda North well in the Southern North Sea, in which it holds a 45% working interest, while Spirit Energy has 55%. The Andromeda North well is targeting around 40 Bcf of gas resource. Fluor Corporation said on 1 August that its company Stork was awarded a contract extension by Centrica Storage Limited to continue providing fabric maintenance and associated services for the company’s UK onshore and offshore oil and gas assets.
Iain Conn, Chief Executive Officer, Centrica
On 30 July, Centrica said that it intended to exit oil and gas production as it is refocusing its portfolio on becoming an Energy Services
Cluff Natural Resources Plc announced on 5 August that Licence Operator Shell UK Ltd had begun a 3D seismic survey over the Pensacola Prospect on Licence P2252 in the Southern North Sea. The survey is being conducted by Shearwater GeoServices using the Polar Empress and operations are expected to take around two weeks to complete. Final results from the survey are expected to be received in early Q3 2020, after data is processed, Cluff Natural Resources said.
S E A
Hibiscus Petroleum said on the same day that its wholly-owned subsidiary Anasuria Hibiscus UK Limited had entered into a conditional non-binding term sheet to buy blocks in the North Sea, 250 km northeast of Aberdeen, from United Oil & Gas PLC.
Independent Oil and Gas PLC signed in July an agreement with Perenco UK Limited, Tullow Oil SK, and Spirit Energy Resources for the acquisition of the Thames Reception Facilities (TRF) at the Bacton Gas Terminal. A couple of days later, Independent Oil and Gas said it had entered into a comprehensive farm-out transaction with CalEnergy Resources Limited to farm out 50% of its Southern North Sea assets, comprising all of the upstream assets except for the Harvey licences, as well as the Thames Pipeline and associated Thames Reception Facilities.
and Solutions provider. Centrica expects to exit its interest in Spirit Energy by the end of 2020 via a trade sale.
N O R T H
Premier Oil announced on 17 July that its next UK growth project, Tolmount in the Southern North Sea, was on schedule for first gas at the end of 2020. Drilling of the Tolmount East appraisal well, which has the potential to add significantly to the Tolmount resource, will begin soon, Premier Oil said.
TechnipFMC said it was awarded a significant integrated Engineering, Procurement, Construction and Installation contract from Neptune Energy for the Seagull project in the Central North Sea. For TechnipFMC, a 'significant' contract ranges between US$75 million and US$250 million.
Louise O'Hara Murray, Environment Manager, OGUK
Veolia UK said on 15 July that the Dales Voe decommissioning facility in Shetland received two new installations for decommissioning by strategic partners Veolia and Peterson, making a step closer to becoming a centre of excellence for recycling offshore structures from the North Sea.
Talon Petroleum also won a block in the 31st Supplementary Offshore Licensing Round, with a successful joint bid with ONE-Dyas for a licence over Block 14/30b.
“Operators are making changes to processes and equipment offshore to continually improve efficiency and emissions performance..."
U.S. PRODUCERS CONFRONT
By Loren Steffy
hottest oil and gas play is cooling off. In the past three years, oil production from West Texas’ Permian Basin has doubled amid a flurry of drilling from companies large and small. In six separate months last year, activity increased by more than 2 percent. This year, growth exceeded that rate only once, and it’s expected to rise just 1 percent in August compared with July, according to the U.S. Energy Information Administration.
Some of the reasons for the slowdown have been building for years. Pipeline construction has consistently lagged production in the region. Companies are drilling wells closer together, which has reduced production per well, as they attempt to extract more oil and gas per acre because the costs of acquiring new leases have skyrocketed. Moderating oil prices have also contributed to the slowdown, as many producers are getting less money for each barrel of oil they pull from the ground.
Rising U.S. production has swamped the global market, even as OPEC has attempted to shore up prices by curtailing supplies from its member countries. The International Energy Agency has predicted “the potential for oversupply next year” largely because of rising U.S. output. In addition to prices and infrastructure issues, producers are wrestling with the nature of the wells themselves. Shale wells typically produce as much as 40
percent of their expected lifetime production in the first three years after they were drilled. Unconventional wells are known for rapid decline rates, but the declines in the Permian appear, on average, greater than those of other shale formations. While the output of most unconventional wells falls by between 5 percent and 10 percent a year, shale wells in the Permian can show decline rates as high as 14 percent, according to a study last year by
Wood Mackenzie. Many companies drilling in the region, however, have been basing estimated recoveries on the 5 percent to 10 percent assumption, Wood Mackenzie found. That miscalculation may be catching up with some of the Permian’s biggest producers. In July, Parsley Energy, one of the more venerable drillers in the Permian, said it would slash 2019 growth rates by as much as 40 percent from last year. On Aug. 1, Apache Corp., which is developing the Alpine High prospect in the Permian, posted a $360 million quarterly loss on a 17 percent decline in revenue after announcing this spring that it would curtail production because of pipeline shortages. Other top Permian producers, including Diamondback Energy, EOG Resources and Pioneer Natural Resources, have said they plan to lower capital spending and increase production. Diamondback also has announced plans to spin off its pipeline operations as well as its more mature properties in the region. Other companies have considered asset sales as well. Pioneer recently sold its holdings in the Eagle Ford Shale of South Texas to focus on the Permian. For the past decade, many oil producers in West Texas and eastern New Mexico have spent beyond their cash flows to expand their output. Investors, however, didn’t see the benefits of the expansion, as share prices lagged. Now, Wall Street is demanding more financial discipline, which means less spending and a stronger focus on producing the resources the companies have accumulated. Overall, rig counts have fallen 10 percent from their November peak to 437, their lowest since March 2018, according to Baker Hughes, which tracks rig data. To be sure, the Permian remains the world’s most productive energy basin, churning out about 4.2 million barrels of crude daily and accounting for more than one-third of the total U.S. daily production of 12 million barrels. While the smaller independents are pulling back, majors like Exxon Mobil and Chevron are
beefing up their operations. European majors such as Royal Dutch Shell and BP have stepped up their investments in the region as well. The majors were slow to join the Permian party, waiting until smaller producers had established the resource base in shale formations through hydraulic fracturing and horizontal drilling. In addition to having greater financial resources that they can tap to continue investing in Permian projects, even at lower commodity prices, many of the majors also have petrochemical interests on the Gulf Coast that benefit from cheap natural gas being extracted in West Texas. This creates a natural market for at least some of their production. At the same time, the nature of Permian activity is changing, part of a natural transition that occurs as a basin evolves. The region is less of a prospector’s paradise these days as producers move into what many call “manufacturing mode,” which requires less exploratory drilling and more investment in production wells that can tap the vast resources already identified. Not all the investment is coming from the majors, however. In early August, Occidental Petroleum completed its $38 billion takeover of Anadarko Petroleum, which is designed to strengthen its Permian stronghold and will make it the most active player in the region. The company recently issued $13 billion in bonds to help finance the deal, which also includes a $10 billion infusion from billionaire investor Warren Buffett. This Permian’s transition isn’t really a surprise. Many analysts and oilfield service companies have been predicting it since the spring. And it doesn’t mean Permian’s glory days are over. Far from it. Smaller producers will continue to conserve cash while they wait for pipeline bottlenecks to ease, which could come as early as next year, even as the major ramp up. The Permian may be slowing down, the basin is far from playing out, and it is likely to remain a key driver of America’s newfound dominance in global oil markets for years to come.
Wellpro Group continue Eastern Hemisphere growth Aberdeen headquartered Wellpro Group is maintaining its international growth momentum following an acquisition in the Middle East. The Dubai based Hunting Energy Services Thru Tubing service and rental business became part of Wellpro Group earlier this year and the company shall officially move into their newly refitted facility in Dubai this month. Since this initial acquisition the company has continued to expand its Eastern Hemisphere footprint and is now operating in Asia with support facilities and personnel in Malaysia and Thailand. Jim Thomson, chief executive officer of Wellpro Group, said “We are delighted to join forces with the Dubai team as this offers a new platform to jointly expand our business. Our diligence has identified how much our new colleagues are qualified and well known in the industry. We are very confident that together we will achieve our ambitious international expansion objectives.” Martin Webster, manager of the Dubai branch reported: Joining Wellpro is a great opportunity for both our team and our customers alike. We expect Wellpro’s focus on Thru Tubing Services to assist us in bringing value to our clients as well as to attract new ones. Wellpro Group’s Aberdeen headquarters will remain the centre of excellence supporting the Middle East and Asia offices with a significant investment being made in additional equipment to support Eastern Hemisphere operations. The company achieved ISO9001:2015 accreditation, completing this within the first year of operation underlines the focus Wellpro Group gives to customer service and have implemented identical standards in their Middle East and Asia operational locations with accreditation expected by year end. Wellpro Aberdeen is already active in Europe while continuing to build new relationships within the region including North and West Africa.
Region in Focus:
Europe The European oil and gas markets and Europe’s oil and gas industry have seen a lot of changes in recent years. Operators in one of the world’s most mature oil and gas basins, the North Sea, have changed development plans and are now aiming for simpler project executions so that the resources they target could be profitable in a world of low oil and gas prices. The number of projects and plans for tapping more resources offshore the UK and Norway has been rising in the past year, signalling that the offshore industry has turned a corner with upstream companies approving more developments since the beginning of 2018.
“LNG imports to Europe have been relatively low in recent years, but they are expected to grow as new LNG supply comes online and European countries continue to increase natural gas consumption as part of their decarbonisation initiatives,” the EIA reckons. Commenting on the natural gas prices in Europe, Rystad Energy said in July: “Natural gas prices in Europe have plummeted thanks to a rising gas export war between Russia and the US, much to the delight of European consumers.” “It’s a buyer’s market, and Europe is buying,” Carlos Torres-Diaz, head of gas markets research at Rystad Energy, said. “The clear winners from the war between these two gas powers are the European end consumers, who benefit from record-low natural gas prices, and power prices which have dropped more than 30% in the last six months,” Torres-Diaz noted.
Looking at Europe as a region of consumption, one of the key developments in recent months is a steady decline in natural gas prices as pipeline imports from Russia and liquefied natural gas (LNG) imports from the United States are fighting for grabbing shares of the European gas market. The Dutch decision to phase out natural gas production at the Groningen field by end of the next decade has reshuffled the European market. European countries will have to rely more on imports from the two major producers in the region—the UK and Norway, as well as on imports from Russia’s gas major Gazprom, but also, increased volumes of LNG imports, as some European nations are wary of the Russian dominance in their gas supplies. Since the first US cargo of LNG arrived in the EU in April 2016, European imports of American LNG have been rising steadily. Since July
2018, total EU imports of liquefied natural gas from the US have surged by 272 percent, the European Commission said in May this year. “Natural gas will remain an important component of the EU’s energy mix in the near future as we move towards cleaner sources of energy. Given our heavy dependence on imports, U.S. liquefied natural gas, if priced competitively, could play an increasing and strategic role in EU gas supply,” Commissioner for Energy and Climate, Miguel Arias Cañete, said, commenting on the data. A warmer than usual winter in Asia and declining spreads between European and Asian spot natural gas prices helped US exports to Europe rise by 60 percent in the 2018-2019 winter season compared to the previous two winters, the US Energy Information Administration (EIA) said at the end of July.
Several countries in Europe aim to build infrastructure to boost LNG imports. In July 2019, the European Commission said that a Croatian plan to build an LNG terminal at Krk Island was line with EU State aid rules as it “will contribute to the security and diversification of energy supplies without unduly distorting competition.” The KrK LNG Terminal has been included in the lists of European Projects of Common Interests since 2013, because the EU considers it of strategic importance for the diversification of natural gas supplies into Central and South-Eastern Europe.
AUGUST RIG STATISTICS
Back to the producers’ perspective in Europe’s oil and gas, several major oil and gas fields have recently started up or are about to start up in UK and Norwegian waters. Equinor expects to start production from the giant Johan Sverdrup oil field in the Norwegian part of the North Sea in November 2019. The Norwegian oil and gas major is also developing the Mariner heavy oil field in the UK North Sea, with production start also planned for this year. France’s Total started up in June production from the Culzean gas condensate field 230 kilometres off the coast of Aberdeen. “Culzean is the third UK project to start production this year, but the biggest by a long way. It shows that there is still appetite for big developments in UK waters,” said Glenn Morrall, a research associate with Wood Mackenzie’s North Sea upstream team. “Once the field hits peak in the early 2020s, Culzean could account for more than 10% of the UK’s gas production,” Morrall added. “For the French major, production from Culzean will play a big part in it being the biggest UK gas producer for the foreseeable future,” he said. New field developments and projects could offset declines at maturing fields in the North Sea. Since 2015, some 30 new fields in the UKCS have come on stream, helping the UK oil production hit in 2018 its highest level since 2011, the Oil and Gas Authority (OGA) says. Last year,
oil production alone rose to 1.09 million barrels per day, up by 8.9 percent from 2017 and the highest UK oil production rate since 2011. Gas production, meanwhile, dropped by 3.5 percent year on year in 2018, the OGA said. The rise in oil production “can be attributed to over 30 new fields coming onstream since 2015, improved production efficiency and asset integrity, the realisation of enhanced oil recovery (EOR) projects and the UK’s offshore licensing rounds’ continued focus on associated exploration, appraisal and development commitments,” the OGA noted. Commenting on the OGA’s report, Oil & Gas UK’s Upstream Policy Director Mike Tholen said: “This is a significant milestone for an industry emerging from one of the toughest downturns in memory. However, in a competitive global market where the competition for investment is intense, it remains critical to maintain the fiscal and regulatory conditions which have supported this solid production performance delivered by industry.” It will be the UK, together with Norway, that will lead in the number of planned offshore projects globally between 2019 and 2025, data and analytics company GlobalData said in a report in July. “In terms of number of offshore projects globally, the UK leads among countries with 14 planned and 31 announced projects. Norway follows with 16 planned and 26 announced projects,” GlobalData says.
Source: Infield Rigs 15/08/2019 The data above focuses on the marketed rig fleet and excludes assets that are under construction, retired,
destroyed, deemed non-competitive or cold stacked.
The World’s Top 10 Offshore Oil & Gas Projects By Tsvetana Paraskova
and 2016 after the 2014 oil price crash, offshore project sanctioning has recently started to pick up, and may be on track for a bumper year this year, Rystad said in an analysis in January. Back then, the consultancy forecast that offshore sanctioning could reach US$123 billion in project commitments in 2019, with the Middle East leading in shallow-water project sanctioning and South America leading in deepwater projects.
worth of projects sanctioned in 2014, when the price of oil started to crumble.
Following a muted offshore market in 2015
More recently, in July, Rystad Energy said that this year’s offshore oil and gas project sanctioning had already exceeded US$50 billion in commitments, signalling that the industry has the potential to reach US$123 billion in project commitments, surpassing the US$78-billion
The consultancy ranked the top ten offshore projects in terms of capital commitments sanctioned between 2014—when oil prices were still at US$100 a barrel in the first half of that year—and 2019. Here they are ranked in descending order:
1. Saudi Aramco’s Marjan expansion offshore Saudi Arabia
2. Equinor’s Johan Sverdrup Phase 1 offshore Norway
The Marjan increment programme is an integrated development project for oil, associated gas, non-associated gas, and cap gas from the Marjan offshore field, worth a total of US$12 billion. The development aims to boost the Marjan Field production by 300,000 barrels of oil per day (bpd) of Arabian Medium Crude Oil, process 2.5 BSCFD of gas, and produce an additional 360 MBCD of C2+NGL. The development will entail a new offshore gas oil separation plant, and 24 offshore oil, gas, and water injection platforms.
Next on Rystad’s rankings comes the Johan Sverdrup Phase 1 development project in Norway’s section of the North Sea. Johan Sverdrup is one of the five largest oil fields ever to be discovered on the Norwegian Continental Shelf (NCS). The project—with expected resources estimated at 2.7 billion barrels of oil equivalent—is also one of the most important industrial projects in Norway for the next 50 years. Production start-up is scheduled for November 2019, and daily production during Phase 1 is estimated at 440,000 bpd, with peak
production expected to reach 660,000 bpd. Investment in Phase 1 is estimated at 86 billion Norwegian crowns, according to Equinor, or around US$11 billion as estimated by Rystad.
“Despite oil price downturns, the shale revolution and OPEC market share wars, offshore continues to thrive and has much to offer the future,” Audun Martinsen, head of oilfield services research at Rystad Energy, said in May, commenting on the independent energy research and consultancy’s findings that the offshore oil and gas sector has tremendous room for further growth. Offshore exploration, greenfield and brownfield development, decommissioning, and maintenance and operations are all set to create trillions of U.S. dollars of opportunities for the services sector in the future, according to Rystad Energy.
“With offshore free cash flows at nearly record highs, E&P’s are betting big on new projects. Offshore project sanctioning in 2019 looks ready to reach heights not seen since the $100 barrel of oil,” Matthew Fitzsimmons, VP of Oilfield Service Research at Rystad Energy, said in July.
3. BP’s Argos (Mad Dog Phase 2) in the US Gulf of Mexico The operator BP and co-owners BHP and Union Oil Company of California, an affiliate of Chevron, approved the US$9 billion final investment decision on the Mad Dog 2 Phase offshore project in early 2017. BP has worked with co-owners and contractors to bring down the originally estimated cost of US$20 billion, and slashed
COUNTRY FOCUS YEAR costs by 60 percent. The Mad Dog 2 project includes the Argos platform with the capacity to produce up to 140,000 gross barrels of crude oil per day through a subsea production system from up to 14 production wells and eight water injection wells. Oil production from the new floating production platform is expected to begin in late 2021.
4. Equinor’s Johan Castberg in the Barents Sea Equinor’s development plan for the Johan Castberg field in the Barents Sea was approved in 2018. The US$6-billion project has recoverable resources estimated at 450-650 million barrels of oil equivalent, while Equinor and partners have changed the concept to halve expenditures and make it a profitable development. The field—currently the largest subsea field under development in the world, according to Equinor—consists of a production vessel and a comprehensive subsea system, including a total of 30 wells distributed on 10 templates and 2 satellite structures. Johan Castberg is scheduled for first oil in 2022 and it’s profitable even at an oil price below US$35 a barrel, Equinor says.
5. Saudi Aramco’s Berri expansion project offshore Saudi Arabia Aramco’s Berri increment programme worth around US$6 billion aims to raise the offshore field’s production by 250,000 barrels of Arabian Light Crude per day. Once completed, the planned facilities will include a new gas oil separation plant in Abu Ali Island to process 500,000 bpd of Arabian Light Crude Oil, and additional gas processing facilities at the Khursaniyah gas plant to process 40,000 barrels of associated hydrocarbon condensate. The expansion project includes a new water injection facility, two drilling islands, 11 oil and water offshore platforms, and nine onshore oil production and water supply drill sites. In early July, Saudi Aramco awarded 34 contracts worth a total of US$18 billion for the engineering, procurement and construction of the Marjan and Berri increment programmes.
6. Equinor’s Johan Sverdrup Phase 2 in the North Sea Norwegian authorities approved in May 2019 Equinor and partners’ development plan for the second phase of the Johan Sverdrup field development. Capital expenditure is around US$5 billion and start-up is planned for the fourth quarter of 2022. In addition to construction of a new processing platform (P2), phase 2 development will also include modifications of the riser platform, five subsea systems, and preparations for power supply from shore to the Utsira High in 2022.
7. Shell’s Appomatox in the US Gulf of Mexico Shell’s Appomatox development in the Norphlet formation in deepwater Gulf of Mexico was not only sanctioned but also brought to produc-
tion between 2014 and 2019. The estimated US$5-billion development was the first-ever Jurassic play to start production in the US Gulf of Mexico in May this year, with expected production of 175,000 barrels of oil equivalent per day (boed). The Shell-operated Appomattox floating production system opens a new frontier in the deepwater US Gulf of Mexico, Shell says, adding that Appomattox has realised cost reductions of more than 40 percent since taking FID in 2015. “Appomattox creates a core long-term hub for Shell in the Norphlet through which we can tie back several already discovered fields as well as future discoveries,” said Andy Brown, Upstream Director, Royal Dutch Shell. The next two offshore projects in Rystad Energy’s rankings are located offshore the United Arab Emirates (UAE), each worth some US$5 billion for development of sour gas, and expected to take FID in 2019.
8. ADNOC’s Hail (Sour Gas) project offshore the UAE At the beginning of 2019, the Abu Dhabi National Oil Company (ADNOC) awarded work for the dredging, land reclamation, and marine construction to build multiple artificial islands in the first phase of development of the Ghasha Concession. The Ghasha Concession consists of the Hail, Ghasha, Dalma, Nasr and Mubarraz offshore sour gas fields. The project is expected to take 38 months to complete and will provide the infrastructure required to further develop, drill, and produce gas from the sour gas fields in the Ghasha Concession.
9. ADNOC’s Ghasha (Sour Gas) project offshore the UAE Commenting on the initial work on the projects, UAE Minister of State and ADNOC Group CEO, Dr. Sultan Ahmed Al Jaber, said: “This award accelerates the development of the Hail, Ghasha and Dalma sour gas offshore mega-project, which is an integral part of ADNOC’s 2030 smart growth strategy. As one of the world’s largest sour gas projects it will make a significant contribution to the UAE’s objective to become gas self-sufficient and transition to a potential net gas exporter.”
- BRENT OIL PRICE 2018 - $75.53 Saudi Aramco said it signed a deal with National Oilwell Varco, Inc. (NOV) to form a joint venture for on-shore rig and equipment manufacturing and aftermarket facility in Ras Al-Khir, Saudi Arabia. Algeria’s Alrar gas f ield output rose by 8.4 million cubic metres per day after the completion of a Petrofacled EPC contract to extend the life of the f ield. Petrofac also agreed the sale of its entire 45 per cent interest in the Chergui asset in Tunisia to Perenco.
- BRENT OIL PRICE 2014 - $101.92 Ecosse Subsea Systems was awarded a seabed clearance project for a major windfarm contruction by DONG Energy, one of northern Europe’s leading energy groups. The £800 million Westermost Rough wind farm will contain 35 turbines of 6MW capacity. Talisman Sinopec Energy UK stated a small f ire was detected in one of the emergency generator enclosures on the Tartan ‘A’ platform which was promptly extinguished and the situation brought under control. The platform was shut-down for ongoing maintenance at the time of the incident.
10. Total’s Gindungo offshore Angola - BRENT OIL PRICE 2009 - $72.51 Total, operator of Kaombo, currently the biggest deep offshore development in Angola, started up in July 2018 production from Kaombo Norte, the first Floating Production Storage and Offloading (FPSO) unit. Kaombo Norte and the other FPSO, Kaombo Sul, are developing the resources from six different fields—Gengibre, Gindungo, Caril, Canela, Mostarda, and Louro—offshore Angola. In April 2019, Total started up production from Kaombo Sul, bringing the overall production capacity to 230,000 bopd, equivalent to 15 percent of Angola’s production. The associated gas from Kaombo Sul will be exported to the Angola LNG plant as part of Total’s commitment to stop routine flaring.
Houston independent Apache Corp. reported July 31 during its quarterly earnings statement that it would exit completely its holdings in the Wheatstone LNG project in Western Australia and the Kitimat LNG project in Bish Cove, British Columbia. Williams Partners LP's wholly owned subsidiary Transcontinental Gas Pipe Line Co. LLC (Transco) has fully contracted its Garden State Expansion project designed to deliver 180 MMcfd of additional natural gas for local distribution to Hurricane Sandy-affected local gas distribution along the New Jersey coast.
makes a string of appointments and doubles premises
DeltaTek is growing quickly – and it believes that a bit of creativity when it comes to recruitment is the key to its success. Following the appointment of Chris Johnstone as Operations Supervisor in autumn 2018, DeltaTek has gone on to make a number of hires in its Aberdeen head office including Lori Angus as Business Administrator, Jonas Taverne as Service Supervisor and Gerry Cantwell as Workshop Supervisor. DeltaTek is in the process of expanding internationally, with an appointment made in the United States, and the company has undergone the process of setting up an entity and recruiting in Norway. Like most growing businesses, recruitment is key to DeltaTek’s ongoing strategy. However, it takes a slightly different approach to its recruitment. Dave Shand, Chief Operating Officer, is particularly proud of the stance DeltaTek has taken, to employ the right people. “Our recruitment strategy has been to avoid filling positions quickly, but instead employing the most appropriate people for the role and the company – even if they don’t appear the most obvious choice on paper”, he explains. “These recruits will play a pivotal role in the future growth of the business, so getting it right was crucial. We knew that there would be plenty of viable candidates, but - unlike so many companies in the industry – experience and qualifications aren’t all that matter to us; personality and attitude is central.” DeltaTek’s first hire of 2019 was Jonas Taverne, an Electrical Engineering graduate struggling to open the right doors since graduating from Robert Gordon University in 2017. Jonas had been working at B&Q throughout his studies, and
stayed on there for a further two years, while applying for positions related to his degree. “Jonas applied for a position as a Service Supervisor, and as soon as we met with him, it was clear that this was someone who didn’t have a huge amount of industry experience but who did have a fantastic attitude. He was keen to learn and eager to get going, he simply hadn’t been given a chance. We knew right away that he’d be a perfect addition to the team.” As a young company, DeltaTek has the freedom to do things differently when it comes to recruitment. Traditionally, oil and gas industry candidates are competing against hundreds of other qualified individuals and it can be difficult to get the break required to land them their first role. On this, Dave commented: “Being a smaller company affords us the opportunity to look beyond the confines of a traditional pool of candidates. We’re growing quickly, but often are reminded of the fable of the Tortoise and the Hare – slow and steady wins the race – and that is true when it comes to our recruitment strategy. Finding the right candidates is key to our growth. We’re still in our infancy, but this feels right for us – we want to help grow the next generation of great engineers.” As well as a growing team, DeltaTek has signed a lease on additional premises to allow for the expansion in headcount and activity. The new space doubles DeltaTek’s footprint in Dyce and enables the organisation to meet the increasing demand for its services as the business continues to see success in both the North Sea and further afield. Tristam Horn, DeltaTek’s CEO, commented: “It’s full steam ahead here. With contract wins and upcoming projects scheduled, the additional space will allow us to turn around our equipment incredibly quickly and continue providing a high-quality, reliable service to our clients.”
Strength to get the job done.
Visit us on stand 2K68 Wide range of Load Cells, Test Weights & Air Skates available for SALE or RENTAL !
INNOVATION & TECHNOLOGY ZONE SPONSORED BY LEYTON
RENEWABLE POWER AND COST SAVINGS WITH POWERBUOY® TECHNOLOGY Interview with Paul Watson, Director of Business Development at Ocean Power Technologies
This month, OGV Energy attended the Ocean Power Technologies event at Montrose Harbour. The technology day showcased the company’s PB3 Powerbuoy® device, which unlocks huge potential for the industry. We spoke to Paul Watson, Business Development Direct at OPT to find out more about the self-sustaining, intelligent monitoring buoy.
The PB3 Powerbuoy® is a wave energy device that acts as an uninterruptable power supply which constantly recharges itself by harvesting energy from waves, operating in ocean depths above 20 metres. Powering on-board sensors (or even those on the seabed), it enables real-time data transfer and communication with remote facilities. The ability to store energy also allows the PB3 to operate during periods of calm seas. It is autonomous. That means that it isn’t about getting power back to the grid and competing with wind farms, but rather providing green renewable power and communications to sensors or pieces of equipment in the ocean.
I N N O V A T I O N
T E C H N O L O G Y
Z O N E
HOW DOES THE PB3 POWERBUOY® TECHNOLOGY WORK?
Ocean Power Technologies' PB3 Powerbuoy®
WHAT ARE THE KEY BENEFITS FOR THE INDUSTRY USING THIS AUTONOMOUS PRODUCT?
DOES IT IMPROVE THE HEALTH AND SAFETY ELEMENT BY REMOVING THE HUMAN FACTOR?
There is an excellent green benefit because you are reducing diesel usage by not having as many diesel-powered vessels going to site or refuelling conventional generators that also use diesel. Also, it has a good cost benefit. When we use this device, it is often more efficient than using other traditional ways of doing things in the ocean. Initially, we are looking at niche areas, especially in oil and gas, where this unit can add benefit and do things better and increase efficiency for operators.
Definitely, for example, this unit is to monitor a decommissioned site. What operators usually do when the FPSO is removed is put a vessel onsite for one or two years, maybe longer until the wells are plugged and abandoned (P&A). As we can do this autonomously, we can take the vessel away. This takes men and vessels out of the ocean, which improves safety. Not only does it do that, but it reduces the cost and also gives you better data more quickly.
INNOVATION & TECHNOLOGY ZONE
Whilst innovation plays a fundamental role in every economy, many UK firms remain unaware of the full range of Government incentives available to them in support of their product or service developments.
WHAT KIND OF DATA CAN THE TECHNOLOGY PROVIDE?
The buoy sits in the middle of the exclusion zone and monitors it with a radar, to highlight the vessel’s traffic in the area. If anything is coming in towards the exclusion zone, it can automatically notify the user or operator anywhere in the world, who can then dial up the buoy and identify the vessel using the camera. They can contact the vessel via radio to let them know they’re heading towards an exclusion zone and there could be potential safety issues so they should turn around. If there is still no response, they can activate a service vessel in the area to go and investigate.
“Leyton’s specialism is not only in their tax knowledge around R&D legislation, but in their technical knowledge. Their technical team have done our job, therefore they are readily able to identify areas of R&D that we previously thought were routine. The ease of the process really helps our staff get on with their work, and gives us peace of mind that such a niche area is being looked after. Would highly recommend them to businesses even if they already claiming, their record speaks for itself.” MD, Oil & Gas Engineering.
WILL YOU BE DEVELOPING MORE APPLICATIONS LIKE THIS GOING FORWARD? Yes, we have lots of other applications that are under development. For example, we have a PowerBuoy deployed in the Adriatic which is proving the concept of providing power and communications to an AUV - Autonomous Underwater Vehicle to enable that vehicle to be on station for long periods. The application is known as a residential AUV. Previously, the duration of AUV’s in the water has been limited due to the lack of reliable power and comms, but this will solve that problem.
With the changes in the industry, now is the ideal time to understand what help is available to your business from government incentives or to review your existing process in claiming relief.
Z O N E
In the UK, in addition to our tax expertise, Leyton’s specialism sits with our Technical Consultants. Coming from a broad range of industries and sectors, they understand our clients’ processes and the challenges they face in day to day projects. As a result they can easily relate to the advancements being sought to proactively highlight your R&D activity.
T E C H N O L O G Y
The second phase of this project is to connect the buoy via an umbilical into the wellhead so we can monitor wells in real-time and prove their condition. This allows the operator to prove to the regulator that there are no issues and that it’s environmentally safe, which is difficult and expensive to do at the moment. It can also give the operator better data which enables them to plan their plug and abandonment activities more efficiently and thus cuts cost.
HOW CAN DATA BE USED TO ENSURE FUTURE PROJECTS ARE MORE EFFICIENT AND DON’T REPEAT THE SAME PATTERNS?
Leyton are proud to have returned over £35million in R&D Tax Relief, R&D Allowances, Patent Box Relief and Grant Funding to our Oil & Gas and supply chain clients. In many instances, our clients were already claiming under these schemes, often with the support of accountants or other specialist firms. In these situations we have been able to enhance their existing claims processes, resulting in a typical claim uplift of 40% for R&D tax relief alone.
I N N O V A T I O N
It all depends upon the type of communications link available and the sensors attached. This unit is designed to monitor an exclusion zone. In the decommissioning world, when they take away the topside, there is nothing left on the sea’s surface. However, there is often lots of equipment left on the seabed which operators don’t want anyone to interfere with, so, they implement a 500-meter exclusion zone around these areas.
Leyton, with 20 offices, are Europe’s largest R&D Tax Consultancy, having assisted over 8,000 UK clients and returned over £500million in reliefs and incentives. The challenges and opportunities faced within Oil & Gas mean that now more than ever, firms are thinking differently about how they do things and are continually developing and improving their products and services.
INNOVATION & TECHNOLOGY ZONE
I N N O V A T I O N
T E C H N O L O G Y
Z O N E
OUTCOME BASED CONTRACTS COLLABORATING FOR SUCCESS
PIM believe outcome-based contracts will deliver fairer returns for all by driving innovation and subsequently improving bottom-line returns and positively impacting sustainability.
INNOVATION IS KEY TO THE HEALTH AND DEVELOPMENT OF ANY INDUSTRY BUT ESPECIALLY TO ONE SUCH AS THE OIL AND GAS INDUSTRY WHERE RESERVES ARE INCREASINGLY HARDER TO LOCATE AND EXTRACT. Laura Johnston, Contracts Manager at PIM, believes that in some cases the development of new methods and technologies has been inhibited by the industry itself.
The boom and bust cycle is synonymous with the oil and gas industry and led to companies pushing for higher rates during the good times and, conversely, to contractors being expected to reduce their prices when the oil price dropped for sustained periods. During the boom times, when the oil price was high, there was generally no driver for companies to innovate and save money, especially when this would have eaten into their profit margins. However, the bust element of the cycle, which brought volatility and subse-
quent uncertainty, meant that smaller companies tended to find it more difficult to innovate because they didnâ€™t have the available capital to allow them to invest in such activity. This appears to be an industry-wide trend. According to a 2018 article by Arthur D Little, the oil and gas industry is ranked 12th (out of 13 industries) for innovation, lagging behind industries which encompass food, tobacco and beverage as well as home appliances. Parallels
are often drawn between the oil and gas and the aerospace sectors so surely at the very least we should be aspiring to be more in line with the aerospace and defence industry when it comes to innovation? The same article lists the aerospace and defence industry as being in eighth place with information technology, telecommunications and the automotive industries taking the first, second and third places respectively.
INNOVATION & TECHNOLOGY ZONE
SO HOW DO WE ENCOURAGE INNOVATION IN OUR OWN SECTOR? We can’t continue to do the same thing and expect different results, if we want things to change then we need to instigate it. Things can only change if there is buy-in from both sides of the supply chain; the requirement for innovation and sustainability needs to be considered by those purchasing products and services too. Traditionally oil and gas industry contracts are prescriptive, the contractor has little, if any, scope to deviate from how the operator expects the work to be delivered. Instead I am suggesting a move to outcome based contracts which focus on the expected outcome and quality rather than detailing exactly how this is to be achieved. Such contracts will normally guarantee that the subcontractor is paid a base rate with an additional element being linked to performance. This transfers the risk to the supplier but also enables them to determine how best to deliver their agreed services and, as a direct result, drives innovation as they also seek to reduce their own costs.
No loss of production
I N N O V A T I O N
For this to work the company’s needs must be defined and manageable and the outcomes have to be specific to each contract. In the main, PIM sees this approach as focusing on achieving the industry requirements of no HSE notices, no hydrocarbon loss of containment and no loss of production while being freed up from the confines of a prescriptive contract and instead able to innovate to the benefit of both parties. Essentially this approach should lead to informed buyers choosing the option which will deliver the best value-based return. At the same time, this will also stimulate both innovation and competition as suppliers strive to deliver the best value to their customers. The end customer can also expect the work to be delivered on time and on budget.
No hydrocarbon loss of containment
No HSE notices
This approach isn’t new. In 2012 Rolls-Royce celebrated the 50th anniversary of its ‘Power-by-the-Hour’ approach to engine maintenance management. However, it is one that the oil and gas industry can learn from and, as a result, encourage innovation. Despite a period of sustained cost-cutting the North Sea remains a high-cost base and must change in order for its oil and gas industry to survive. The phrase ‘innovate or die’ is well known and an industry which is facing challenges in terms of limited reserves as well as environmental and cost pressures can not afford to stand still, innovation is key to its survival.
LAURA JOHNSTON, CONTRACTS MANAGER, PLANT INTEGRITY MANAGEMENT PIM’s contracts manager, Laura Johnston, has more than 15 years’ experience of working in contracts and commercial departments. Laura’s breadth and depth of oil and gas experience has been gained through working for a variety of companies in the energy industry. Prior to joining PIM in 2018, Laura held various commercial roles including that of commercial manager, tender manager and pricing & process development leader. As well as a LLB, Laura also has a LLM in International Commercial Law and a BA (Hons) in Law and Management.
INNOVATION & TECHNOLOGY ZONE SPONSORED BY LEYTON
Z O N E
AFTER ALL, THE REASON WORK IS USUALLY OUTSOURCED IS BECAUSE THERE ISN’T THE IN-HOUSE CAPABILITY SO WHY NOT MAKE BEST USE OF THE EXPERTS YOU CHOOSE TO WORK WITH?
T E C H N O L O G Y
As these relationships develop this could further impact the tender stage of the process with companies moving towards requesting solutions to problems and thereby encouraging innovation.
The implementation of such arrangements will encourage better relationships to develop between suppliers and operators as the emphasis transfers to a longerterm view based on sustainability rather than the short term approach of choosing the lowest price available at the time.
INNOVATION & TECHNOLOGY ZONE
BLENDING INNOVATION BENEFITS TO DRIVE DOWN INTERVENTION COSTS By Keith Palmer, Executive Vice President at Expro
Pressure on the oil and gas well infrastructure continues to be challenged by ever-increasing global demand. In its World Oil Outlook 2018, OPEC predicts primary energy demand will increase by 33% to 2040, with oil remaining the fuel with the largest share in the energy mix (1).
I N N O V A T I O N
T E C H N O L O G Y
Z O N E
The intervention challenge It is therefore important that the industry looks for new and innovative techniques to enhance production from existing wells. With a revitalised focus on expenditure, the industry has been presented with a dual responsibility: to maximise the recovery of hydrocarbons to satisfy growing demand requirements, and to do this in the safest and most cost-efficient manner possible. A third challenge is to ensure that once wells have been exhausted of their resources, they are decommissioned or abandoned using the most responsible, safe and efficient methods that comply with legal requirements. Issues such as well barrier failure and plug and abandonment (P&A) demand efficient solutions. Research gathered by Expro suggests approximately 19% of the worldâ€™s gas wells suffer from a degree of leakage, while a common location for a well leak (loss of barrier) can typically be found in the annulus between the casing strings.
The CoilHose Light Well Circulation System (LWCS) is drastically changing the intervention market by substituting the conventional steel coiled tubing with hose. The CoilHose System has been deployed on multiple occasions with more than 100 runs in live wells and has enabled rigless light circulation services from a package with a relatively small footprint. It offers operators an alternative to traditional coiled tubing that can be rapidly deployed across all types of installations both onshore and offshore including riserless subsea applications, reducing overall HSE exposure while maximising operational uptime. Rig-up time for the new system is no more than four hours, the number of personnel required ranges from four to six (compared to up to 11 or even more for coiled tubing), lifting requirements are limited and it can be deployed almost univer-
The consequences can be severe. From a safety perspective, annulus pressure and casing leaks represent the risk of an uncontrolled release of pressure from the well, which in turn could result in the release of hydrocarbons and other formation fluids and in the worst-case scenario, a blowout.
Developing solutions With cost reduction a key challenge in the modern industry, attention on the role workovers and interventions can play in safely extending field life or managing abandonment has never been greater. Expro has been a leading global provider of intervention services for more than 40 years and has recently acquired Quality Intervention (QI) which added new coiled tubing technology, annular integrity technology and innovative in-situ wellhead remediation tooling to its product and services range. This has enabled Expro to build on its existing P&A offering and expand into a coiled tubing and pumping service market, valued by the company at an estimated $6.3 billion.
sally across all types of installations and into the most challenging of wellbores at temperatures ranging up to 150Â°C. Applications include downhole safety valve (DHSV) and wellhead cleanout, nitrogen gas lift or unloading wells, memory logging services, halite and hydrate removal, tubing cleanout and fluid displacement.
Improved intervention The development of CoilHose is drastically changing the intervention market by delivering a novel, safe and cost-effective solution to conventional coiled tubing. It is emblematic of a broader drive towards enhanced and improved intervention innovation in the oil and gas industry, to maximise value from mature wells and ensure their safe abandonment. (1) OPEC World Oil Outlook 2018
INNOVATION & TECHNOLOGY ZONE
MECHLOK DRILL PIPE SWIVEL™ - A WORLDWIDE FIRST
Interview with CEO, David Stephenson, Deep Casing Tools
Can you tell us about the MechLOK Drill Pipe Swivel™ and how it works?
ERD wells are becoming longer and more extensive, making it harder than ever to reach target depth in a well that can have torque and drag issues. This tool can be run on any string, whilst still protecting assets below from these problems, without the need for any heavyweight collars or drill pipes. Without a doubt, what makes this innovative technology stand out, is that the tool can be locked and prevented from swivelling immediately by a simple, mechanical manipulation of the drill-string. Once locked, the tool can be rotated to the right or left in tension or compression, therefore mitigating the HSE risk involved in handling multiple roller bearing subs or alternative drag reducing tools.
In trials, our MechLOK tool achieved results 50% quicker than conventional technology, proving operators can reach target depth more cost efficiently without compromising safety. It is also important to note that due to minimal man power required, using MechLOK Drill Pipe Swivel ensures a huge reduction in risk in comparison to common solutions found in the market today.
It will offer users a reduced drag profile and enable long liner strings to be floated to target depth in unconventional ERD wells commonly found in the US land market. We stand by our ideology of simple innovation, which has enabled us to continuously improve and adapt products to meet customer needs across all territories, conditions and well lifecycle stages of the upstream global oil and gas industry.
Z O N E
What can this technology bring to the industry?
In comparison to conventional technology available on the market, what can the tool do differently?
Looking into the future, what are you working towards? Are there any new technologies in the pipeline? With our new senior leadership team, combined with support from EV Private Equity, we are looking to diversity our product portfolio and seize new opportunities, such as the USA shale and fracking land market. Our SelfLOK Flotation Device™ technology, currently under development, is one example of this and designed to help float liners to target depth more cost-effectively.
T E C H N O L O G Y
Initially conceived in 2015, our MechLOK technology has created the world’s first mechanically lockable Drill Pipe Swivel, designed for ERD well liner installations. This drill-string deployed swivel tool allows the drill pipe above the tool to be rotated independently of the string below it, usually a liner string. This important feature allows frictional drag and buckling to be reduced so that previously unavailable string weight can be used to push liners into ERD wells, hitting target depth, without relying on any hydraulic pressure.
Working in an industry which has traditionally focused on high-end products to suit high value, expensive wells, Deep Casing Tools has stuck by its philosophy of ‘simple innovation’, centred around providing complete solutions. Chief Executive Officer, David Stephenson, discusses DCT’s latest technology - the MechLOK Drill Pipe Swivel™.
I N N O V A T I O N
Since 2008, Deep Casing Tools has been helping global oil and gas companies achieve exceptional results with its range of smart, simple and proven technologies that reduce time, cost and risk.
INNOVATION & TECHNOLOGY ZONE SPONSORED BY LEYTON
OGV ENERGY OGV OGV ENERGY ENERGY PAVILION PAVILION PAVILION STAND 1Q51 STAND 1Q51 STAND 1Q51
EXHIBITOR DIRECTORY DIRECTORY EXHIBITOR EXHIBITOR DIRECTORY
OGV PAVILION - SUPPORTED BY REVER OFFSHORE OGV PAVILION - SUPPORTED BY REVER OFFSHORE OGV PAVILION - SUPPORTED BY REVER OFFSHORE
Rever Offshore, formerly known as Bibby Offshore, is a leading specialist provider of fully integrated Rever formerly known as Bibby Offshore, is a to leading specialist provider of fully subseaOffshore, construction and offshore management services a varied client base throughout theintegrated offshore Rever formerly known as Bibby Offshore, is a to leading specialist provider of fully subsea construction and offshore management services a varied client base throughout theintegrated offshore energyOffshore, industry. subseaindustry. construction and offshore management services to a varied client base throughout the offshore energy energy industry. We operate a trusted fleet of subsea support vessels and advanced remotely operated vehicles (ROVs). Our We operate a trusted fleet of subsea support vessels andmanagement advanced remotely operated vehicles Our diverse range of services include; full in house project and engineering services(ROVs). to support We operate a delivery, trusted fleet of subsea support vessels andmanagement advanced remotely operated vehicles (ROVs). Our diverse range of services include; full in house project and maintenance, engineering services to support EPIC project subsea construction, subsea inspection repair and decommissioning diverse range of services include; full in house project management and maintenance, engineering services to support EPIC project delivery, subsea construction, subsea inspection and decommissioning services, flexible flowline and umbilical installation, survey repair and inspection and saturation/air diving EPIC project delivery, subsea construction, subseaoninspection and maintenance, decommissioning services, flexible flowline and umbilical installation, survey andbest, inspection and saturation/air diving services. By remaining independent and focused what we repair do Rever Offshore add value through services, flexible and umbilical installation, survey and inspection andlistening, saturation/air diving services. By remaining independent andacross focused on what we do best, Rever Offshore add value through expert insight andflowline unrivalled expertise specialist subsea areas. By always learning and services. Byweremaining independent andacross focused on what we do areas. best, Rever Offshore add value through expert insight anddeliver unrivalled expertise specialist subsea By always listening, learning and improving, will subsea operational success together. expert insight anddeliver unrivalled expertise across specialist subsea areas. By always listening, learning and improving, we will subsea operational success together. improving, we will deliver subsea operational success together.
01 01 01
SETS SETS SETS
02 02 02
Rig Control Control Products Products Rig Rig Control Products
03 03 03
Poulton Technologies Technologies Poulton Poulton Technologies
www.setsltd.com www.setsltd.com Tel: +44 (0) 1224 465 210 www.setsltd.com Tel: +44 (0) 1224 465 210 firstname.lastname@example.org Tel: +44 (0) 1224 465 210 email@example.com firstname.lastname@example.org
www.rcpat.com www.rcpat.com Tel: +44 (0) 1224 798 312 www.rcpat.com Tel: +44 (0) 1224 798 312 email@example.com Tel: +44 (0) 1224 798 312 firstname.lastname@example.org email@example.com
www.connectandseal.com www.connectandseal.com Tel: +44 (0) 748 492 0637 www.connectandseal.com Tel: +44 (0) 748 492 0637 firstname.lastname@example.org Tel: +44 (0) 748 492 0637 email@example.com firstname.lastname@example.org
SETS provide pioneering world class technical innovation, engineering and tooling services to deliver SETS provide pioneering world management class technical innovation, engineering toolingand services deliver efficient conductor & caisson and repair solutions. We and specialise have to extensive SETS provide pioneering world class technical innovation, engineering and tooling services deliver efficient conductor & incaisson management and repair solutions. specialise have to extensive experience of working the splash zone. Whatever the depth we haveWe a solution. Ourand capabilities include efficient conductor & incaisson management and repair solutions. specialise and havelife extensive experience of& working the splash zone. Whatever the depth we haveWe a solution. capabilities include commercial operational de-risking, full project management, engineering, marineOur operations, of field experience of& working in the splash zone. Whatever the depth havedeveloped a solution. Our capabilities include commercial operational de-risking, full project engineering, marine operations, life of field and bespoke tooling. Utilising a combination ofmanagement, existing andwe newly technologies, SETS has commercial & tooling. operational de-risking, full project marine operations, life of field and bespoke Utilising a methods combination ofmanagement, existing and engineering, newly developed technologies, SETS has developed tooling, processes and to allow the cleaning and Inspection of conductors continuously and bespoke tooling. Utilising a combination of existing and newly developed technologies, SETS has developed tooling,through processes methods allow the cleaning Inspection of conductors from the surface, the and “splash zone” to and underwater downand to the conductor guide frame,continuously where after developed tooling,through processes and methods allow the year cleaning and Inspection of conductors from the surface, the can “splash zone” and underwater down to the conductor guidewhich frame,continuously where after cleaning, detailed inspection take placeto delivering on year repeatable results, the Operator from theto surface, through thedegradation “splash underwater down to the conductor guide frame,the where after cleaning, detailed inspection can takezone” place delivering year on year repeatable results, Operator can use accurately predict orand specify repair requirements. Our projects andwhich workscopes focus cleaning, inspection can take place delivering year on year repeatable results, the Century. Operator can use todetailed accurately predict degradation or repair requirements. Ourchallenges projects and workscopes focus on creating innovative, efficient solutions to specify solve our client’s problems and ofwhich the 21st can use to accurately degradation repair requirements. Ourchallenges projects and focus on creating innovative,predict efficient solutions or to specify solve our client’s problems and ofworkscopes the 21st Century. on creating innovative, efficient solutions to solve our client’s problems and challenges of the 21st Century.
Rig Control Products (RCP) have an outstanding reputation for delivering high quality innovative oilfield Rig Control Products (RCP) have ansupport outstanding reputation for delivering high includes quality innovative oilfield control equipment and engineering services. Our equipment portfolio hazardous area Rig Control Products (RCP) ansystems, outstanding reputation forcontrol delivering high includes quality oilfield control equipment and engineering support services. Our well equipment portfolio hazardous area control equipment, drill floorhave safety subsea and equipment such innovative as choke control equipment engineering support services. Our equipment portfolio includes hazardous area control equipment, drill floor units, safetyand systems, subsea well control equipment such as choke control consoles and glycoland injection hazardous areaand solar power systems. RCP Products are designed, control floor safetyand systems, subsea well control such as choke control consoles and glycoldrill injection units, hazardous areaand solar power systems. RCP Products are designed, built andequipment, maintained by an in house team of multidiscipline engineers andequipment service technicians allowing RCP consoles and glycol injection units, and hazardous areaand solar power systems. RCP Products are designed, built andthe maintained bydemands an in house team of multidiscipline engineers and service technicians allowing RCP to meet increasing of the drilling industry offer clients a single source solution for turnkey built andthe maintained bydemands an in team of multidiscipline engineers and service technicians allowing RCP to meet increasing of the drilling industry and offer aclients a single source solution for turnkey projects. Principle offices in house Aberdeen and Singapore support network of trusted partners across the to meet the increasing demands of the drilling industry and offer a single source solution for turnkey projects. Principle in Aberdeen and support aclients network ofUAE, trusted across the globe allowing RCPoffices to operate from many of Singapore the key global oil hubs including Indiapartners and Australia. This projects. Principle offices in we Aberdeen support a rapid network ofUAE, trusted across the globe RCP to operate from of Singapore the key global oil hubs including Indiapartners andofAustralia. This criticalallowing network ensures that fulfilmany ourand commitment to provide worldwide support our products. globe to operate from of the key global oil hubs including UAE, support India andofAustralia. This criticalallowing networkRCP ensures that we fulfilmany our commitment to provide rapid worldwide our products. critical network ensures that we fulfil our commitment to provide rapid worldwide support of our products.
Poulton Technologies produces the unbreakable PT1 pipeline connector. It was developed and tested in Poulton Technologies produces the unbreakable PT1 space pipeline connector. was for developed testedhot in the UK, can be fitted in hostile conditions, in limited and without aItneed weldingand or other Poulton Technologies the PT1 space pipeline connector. was developed tested in the UK, can beisfitted inproduces hostile conditions, in limited and without aItIt need for welding or other hot work. The PT1 unique because of unbreakable its patented novel sealing technology. is probably the and most rugged the can beis fitted in hostile conditions, inislimited space and without a It need for welding or other hot work. The PT1 unique because of its patented noveldecoupled sealing technology. is probably the most rugged pipeUK, connector in the world because sealing totally from connecting. Using a metal seal, the work. The unique because its patented novel sealing technology. It is probably the most rugged pipe connector in theand world sealing is totally decoupled from Using a metal seal, PT1 is alsoPT1 fire is safe canbecause evenof seal helium. With Type Approval by connecting. Lloyd’s Register (ANSI 2500lb upthe to pipe connector inworldwide theand world because sealing is totally decoupled from connecting. Using a metal seal, PT1 is also canpatent even seal helium. With Type Approval bywith Lloyd’s Register (ANSI 2500lb upthe to 16-inch NB)fire andsafe applicability, the PT1 provides you quicker, safer and more cost-efPT1 is also fire safe and can even seal helium. With Type Approval by Lloyd’s Register (ANSI 2500lb up to 16-inch NB) andfor worldwide the PT1 provides you with quicker, more cost-effective options newbuild,patent repairapplicability, and brownfield modification projects. 6000 psisafer - noand problem. No hot 16-inch NB) andfor worldwide patent applicability, the PT1 provides you with quicker, more cost-effective options newbuild, repair and brownfield modification projects. 6000 psisafer - noand problem. No hot work - no problem. Problem? No problem. fective options for newbuild, and brownfield modification projects. 6000 psi - no problem. No hot work - no problem. Problem?repair No problem. work - no problem. Problem? No problem.
04 04 04
www.harperuk.com www.harperuk.com Tel: +44 (0) 146 484 1304 www.harperuk.com Tel: +44 (0) 146 484 1304 email@example.com Tel: +44 (0) 146 484 1304 firstname.lastname@example.org email@example.com
Harper UK UK Harper Harper UK
Harper UK specialises in structural steelwork and fabrication. We provide a range of services including Harper UK specialises in structural steelwork and fabrication. We provide a range of services including mobilisations & demobilisations, design, equipment sales & hire, manufacturing bespoke equipment and Harper specialises in structural steelwork and fabrication. We provide a range services including mobilisations & demobilisations, equipment sales &innovative hire, manufacturing bespoke equipment and project UK management. Harper isdesign, committed to finding solutions thatofenhance business mobilisations & demobilisations, equipment salesin&innovative hire, manufacturing equipment and project management. Harper isdesign, committed to finding solutions bespoke that enhance business performance and meet client specification. We are based Colpy, Aberdeenshire and our facilities include project Harper is committed to finding solutions enhance business performance and meet client specification. We2are based Colpy, Aberdeenshire and our facilities include a 20,000management. sq. ft. fully equipped workshop with x 10 tonneininnovative overhead cranes and athat CNC plasma. We have performance and client specification. We based inoverhead Colpy, Aberdeenshire ourplasma. facilities include a 20,000 sq. sq. ft. ft. fully equipped workshop with xstorage 10 tonne cranes and well aand CNC We have 200,000 ofmeet outdoor space available for2are and are geographically placed to cover the a 20,000 sq. sq.and equipped 10 range tonne overhead cranes and a CNC plasma. We have 200,000 ft. fully of outdoor for2 xstorage and are geographically well placed toour cover the North-east beyond. To space findworkshop outavailable morewith about the of services we can offer including, fleet of 200,000 sq.and ft. of outdoor space for storage and geographically wellincluding, placed toour cover North-east beyond. To and findour outavailable more about theUnit, range ofare services we canOffshore offer fleetthe of fully certified DNV baskets Portable Power come see us at SPE stand E1Q51. North-east and beyond. To and findour outPortable more about theUnit, range of services we canOffshore offer including, our fleet of fully certified DNV baskets Power come see us at SPE stand E1Q51. fully certified DNV baskets and our Portable Power Unit, come see us at SPE Offshore stand E1Q51.
05 05 05
DeltaTek Global Global DeltaTek DeltaTek Global
06 06 06
Xodus Group Group Xodus Xodus Group
07 07 07
Craig International International Craig Craig International
08 08 08
TAAP TAAP TAAP
www.deltatekglobal.com www.deltatekglobal.com Tel: +44 (0) 1224 679 600 www.deltatekglobal.com Tel: +44 (0) 1224 679 600 firstname.lastname@example.org Tel: +44 (0) 1224 679 600 email@example.com firstname.lastname@example.org
www.xodusgroup.com www.xodusgroup.com Tel: +44 (0) 1224 628 300 www.xodusgroup.com Tel: +44 (0) 1224 628 300 email@example.com Tel: +44 (0) 1224 628 300 firstname.lastname@example.org email@example.com
www.craig-international.com www.craig-international.com Tel: +44 (0) 1224 701 888 www.craig-international.com Tel: +44 (0) 1224 701 888 firstname.lastname@example.org Tel: +44 (0) 1224 701 888 email@example.com firstname.lastname@example.org
www.ontaap.com www.ontaap.com Tel: + 44 (0) 845 230 9787 www.ontaap.com Tel: + 44 (0) 845 230 9787 email@example.com Tel: + 44 (0) 845 230 9787 firstname.lastname@example.org email@example.com
DeltaTek was established in response to the growing industry demand for efficiently implemented, DeltaTek established in response to the growing demand for efficiently implemented, intelligent,was cost-saving and risk reducing products to the oilindustry and gas drilling industry, whilst providing better DeltaTek was established in response to theingrowing industry demand for implemented, intelligent, cost-saving andcompany risk reducing products to oilconstruction and gas drilling industry, whilst providing better wells for the operator. The specialises thethe well sector andefficiently has developed pioneerintelligent, cost-saving andare riskapplicable reducing products and gasprojects. drilling industry, whilst providing better wells for the operator. The company specialises in to thethe well construction sector and has developed pioneering technologies, which to all types ofoil sub-sea DeltaTek’s range – including wells for the operator. TheQuikCure®, company specialises in the well construction sector andtohas pioneering technologies, which are applicable to all and types of sub-sea DeltaTek’s range – including ArticuLock®, SeaCure®, CoreCure ControlCure® -projects. is engineered suitdeveloped all water and well ing technologies, which QuikCure®, are applicable to all and types of sub-sea DeltaTek’s range –in-efficienincluding ArticuLock®, SeaCure®, CoreCure ControlCure® -projects. is and engineered totosuit all water and well depths, are mechanically robust in construction, yet simple to operate designed eliminate ArticuLock®, SeaCure®, QuikCure®, CoreCure and ControlCure® is engineered to suit all water and well depths, are mechanically robust in environmental construction, yet simple to operate and designed eliminate in-efficiencies, reduce operational risks and exposures. DeltaTek’s entrance to into the drilling market depths, areaccelerated mechanically robust in environmental construction, yet simple to operate to eliminate in-efficiencies, reduce operational risks and exposures. DeltaTek’s entrance into the Centre drilling market has been through support from industry bodies, The Oil and and designed Gas Technology (OGTC) cies, reduce operational risks environmental exposures. DeltaTek’s entrance into the drilling market has accelerated through support from industry bodies, with The Oil Gas Technology Centre (OGTC) and been Scottish Enterprise, who and have connected the company keyand industry contacts and facilitated a has been through support from industry bodies, with The Oil Gas Centre (OGTC) and Scottish Enterprise, who have connected the company keyand industry contacts facilitated a number ofaccelerated field trials. The DeltaTek ethos is simple, developing technology thatTechnology Saves Rigand Time. and Scottish Enterprise, who have connected the company with key industry contacts and facilitated a number of field trials. The DeltaTek ethos is simple, developing technology that Saves Rig Time. number of field trials. The DeltaTek ethos is simple, developing technology that Saves Rig Time.
Xodus Group is a global energy consultancy, offering expert advice and solving complex problems. Xodus Groupspecialists is a global energy offering expert advice and engineering solving complex problems. Multi-skilled work acrossconsultancy, the energy spectrum providing advisory, and consultancy Xodus is a intelligent global energy offering expert advice and engineering solving complex problems. Multi-skilled specialists work across the energy spectrum providing advisory, and consultancy servicesGroup alongside data consultancy, solutions. From concept and development, through consenting, asset Multi-skilled specialists work across the energy spectrum providing advisory, engineering and consultancy services alongside intelligent data solutions. concept and development, through asset management and optimisation to late-life andFrom decommissioning, Xodus helps clients toconsenting, maximise value, services alongside intelligent data solutions. From concept and development, asset management and optimisation to and decommissioning, Xodus helps through clients toconsenting, maximise value, proactively seeking clever ways to late-life do things better. management and optimisation and decommissioning, Xodus helps clients to maximise value, proactively seeking clever ways to late-life do things better. proactively clever ways to doinformation things better. Xodus turnsseeking data into meaningful for informed decision making. The team leads energy Xodus turns data into meaningful information for informed decision making. The team leads energy transition developments, in partnership with clients. Xodus turns data into meaningful information for informed decision making. The team leads energy transition developments, in partnership with clients. transition developments, in partnership with a clients. Headquartered in Aberdeen, Scotland with global operations centre in London, Xodus has offices in Headquartered in Aberdeen, Scotland global operations centre in London, Xodus has offices in Edinburgh, Glasgow, Orkney, Egypt and with Perth,a Australia. Headquartered in Aberdeen, Scotland global operations centre in London, Xodus has offices in Edinburgh, Glasgow, Orkney, Egypt and with Perth,a Australia. Edinburgh, Glasgow, Orkney, Egypt and Perth, Australia.
At Craig International we make procurement work smarter. It’s why we are the outsourced procurement At Craig International we make procurement smarter. It’s why weeight are the partners of choice for many of the oil and gas work majors. We operate from keyoutsourced global basesprocurement across four At Craig International we make procurement work smarter. It’s why weoil are the outsourced partners of choice for many of the oil and gas majors. We operate from eight key global basesprocurement across four continents. Our award-winning international teams combine worldwide and gas intelligence with robust partners of to choice foran many of the oil andofgas majors. Weaward operate from oil eight global bases across four continents. Our award-winning international teams combine worldwide andkey gas intelligence with robust processes deliver unrivalled level service. Our winning online digital platform ebuy, has continents. Our award-winning international teams combine worldwide oilonline and intelligence robust processes to deliver an unrivalled level of service. Our award winning digital platform ebuy, has revolutionised the procurement business on a global scale. Combine the gas powerful client with integration processes deliver an unrivalled level of service. Our award winning online digital platform ebuy, has revolutionised the procurement business on a your global scale. has Combine the procurement powerful client integration features of to ebuy with our Smartbuyer service and business an online team – primed revolutionised the procurement on athe global scale. Combine the procurement powerful client integration features of to ebuy with our Smartbuyer service and your business has an online team – primed and ready respond 24/7. We’rebusiness also leading way to deliver sustainable, ethical procurement. Our features of to ebuy with our Smartbuyer service andthe your business hassustainable, an online procurement team remain – primed and ready respond 24/7. We’re also leading way toadeliver ethical procurement. Our Energy Surplus service and Ecobuy initiative aim to create circular economy, where resources in and ready to respond 24/7. We’re also leading the way toadeliver sustainable, ethical procurement. Our Energy Surplus service and for Ecobuy initiative aimand to create circular economy, where resources remain in use for as long as possible maximum value minimum waste. Energy service and for Ecobuy initiative aimand to create a circular use for Surplus as long as possible maximum value minimum waste.economy, where resources remain in use for as long as possible for maximum value and minimum waste.
TAAP stands for The Agile Application Platform, established in 2004 by the Founder and CEO Steve TAAP stands Agile licensing Application Platform, in 2004 any by the andofCEO Steve Higgon. TAAP for is aThe software business builtestablished around digitisation, andFounder all aspects the digital TAAP stands Agile Application Platform, established in 2004 any by the andofCEO Steve Higgon. TAAP for isjourney, aThe software licensing business built around digitisation, andFounder all aspects the digital transformation processing real-time data, data insights through business intelligence, cross-platHiggon. TAAP regardless isjourney, a software business built around digitisation, any and all aspects ofcross-platthechange, digital transformation processing real-time data, data insights through business intelligence, form mobility of licensing operating system, system integration, enterprise business process transformation journey, processing real-time data, data insights through business intelligence, cross-platform regardless of operating system, system integration, enterprise process change, smartmobility workflow, IOT, AI/ML, collaboration, standardisation, data integrity andbusiness business agility. TAAP is form mobility regardless ofa operating system, system integration, enterprise process change, smart workflow, IOT, AI/ML, collaboration, data and business agility. TAAP is deployed globally across wide range of standardisation, industry sectors and integrity verticals. It’sbusiness a horizontal technology smart workflow, IOT, AI/ML, collaboration, data integrity and agility. TAAP is deployed globally across a wide range of standardisation, industry sectors and verticals. It’s business a horizontal technology platform with extensive vertical deployment examples within Logistics, Finance, Compliance, Auditing, deployed globally across a wide range of industry sectors and verticals. It’steam a horizontal platform with extensive vertical deployment examples within Logistics, Finance, Compliance, Auditing, Inspection, Corrosion, Supply Chain, Oil & Gas, Healthcare and Retail. The TAAP have overtechnology 300+ man platform with extensive vertical examples Logistics, Finance, Compliance, Auditing, Inspection, Corrosion, Supply Chain, Oildon’t & Gas, Healthcare and Retail. The TAAP team haveyou over 300+ man years of IT delivery experience. Ifdeployment you have a digitalwithin transformation platform then don’t have a Inspection, Supply Chain, Oilin &TAAP Gas, Healthcare and Retail. The TAAP teamthen haveyou over 300+ man years IT Corrosion, delivery experience. If you don’t have a digital transformation platform don’t have a digitalof transformation strategy. Invest to bring to life your next digital transformation project. years of IT delivery experience. If you in don’t have a digital transformation platform then you don’t have a digital transformation strategy. Invest TAAP to bring to life your next digital transformation project. digital transformation strategy. Invest in TAAP to bring to life your next digital transformation project.
OGV ENERGY ENERGY OGV PAVILION PAVILION STAND 1Q51
OGV ENERGY PAVILION 09 www.ethos-empowerment.com Tel: +44 (0) 167 467 8630 firstname.lastname@example.org
Ethos Empowerment Ethos operate worldwide providing tailored solutions to clients in high hazard industries. Our wide range of services help organisations measurably improve their health, safety, environmental and business performance. We are passionate about people; we challenge, motivate and get them to think and feel the impact they can have on an organisation, but most importantly we get people to take action.
EXHIBITOR DIRECTORY DIRECTORY EXHIBITOR
Using both head (rational thought) and heart (the emotions) we motivate delegates and improve their skills and knowledge, enabling them to set and surpass personal and organisational goals on a journey of continual improvement.
10 www.statsgroup.com Tel: +44 (0) 1224 772 461 email@example.com OGV PAVILION - SUPPORTED BY REVER OFFSHORE OGV PAVILION - SUPPORTED BY REVER OFFSHORE
11 01 01 www.hydropulsion.com www.setsltd.com Tel: www.setsltd.com Tel:+44 +44(0)(0)1224 1224200 465125 210 firstname.lastname@example.org Tel: +44 (0) 1224 465 210 email@example.com firstname.lastname@example.org
Rever Offshore, formerly known as Bibby Offshore, is a leading specialist provider of fully integrated Rever formerly known as Bibby Offshore, is a to leading specialist provider of fully subseaOffshore, construction and offshore management services a varied client base throughout theintegrated offshore subsea construction and offshore management services to a varied client base throughout the offshore energy industry. energyGroup industry. STATS are market leaders in the supply of pressurised pipeline isolation, hot tapping and plugging services to the global fleet oil, gas and petrochemical industries. STATS DNV GL type approved isolation tools We operate a trusted of subsea support vessels and advanced remotely operated vehicles (ROVs). Our We operate a trusted fleet of subsea support vessels advanced operated vehicles (ROVs). Our provide leak-tight block and full bleed thatand enables safe remotely and efficient maintenance repair diverse range of double services include; in isolation house project management and engineering servicesand to support range of services include; full in house project management andPlant engineering services to support ofdiverse onshore, topsides and subsea pipeline infrastructure. Our repair Process Solutions offer hot-work EPIC project delivery, subsea construction, subsea inspection and maintenance, decommissioning EPIC project delivery, subsea construction, subsea inspection repair and maintenance, decommissioning barriers andflexible localised hydrostatic test tools installation, to verifying the integrity welds or fittings, reducing system services, flowline and umbilical survey and of inspection and saturation/air diving services, flexible flowline and umbilical installation, survey andbest, inspection and saturation/air diving downtime, minimising environmental impact and increasing worksite safety. Mechanical pipevalue connectors services. By remaining independent and focused on what we do Rever Offshore add through services. By remaining independent andacross focused on whatsubsea we and do areas. best, Rever Offshore add value through replace need for unrivalled welding, significantly reducing expenditure associated risks with hotwork. expert the insight and expertise specialist By always listening, learning and expert insight anddeliver unrivalled expertise across specialist subsea areas. By always listening, learning and improving, we will subsea operational success together. improving, we will deliver subsea operational success Headquartered in Aberdeen, Scotland, STATS Group together. operate globally through a growing network of operational bases, branch offices and partners.
Hydropulsion SETS SETS Hydropulsion an Independent, Aberdeen basedinnovation, designer &engineering manufacturer downhole toolsto fordeliver Coil SETS providearepioneering world class technical andoftooling services Tubing Applications. Formed in management 2006, are and proud to besolutions. the authorised international dealerto ofdeliver the SETS provide pioneering world class we technical innovation, engineering toolingand services efficient conductor & caisson repair We and specialise have extensive Stoneage SpinCat range of downhole rotating jetting Insolutions. addition toWe supplying a Our wide range Surface efficient conductor & in caisson management and tools. repair specialise and haveof extensive experience of working the splash zone. Whatever the depth we have a solution. capabilities include Preparation, Deployment, Fishing, Milling, Jettingmanagement, & the Cleaning tools foraCT applications, we also offer experience in the splash zone. Whatever depth we have solution. Our capabilities commercialof & working operational de-risking, full project engineering, marine operations, life include of field bespoke tool design & manufacture to full exacting commercial & tooling. operational de-risking, projectcustomer marine operations, life of field and bespoke Utilising a combination ofmanagement, existingrequirements. and engineering, newly developed technologies, SETS has and bespoke tooling. Utilising a methods combination of existing and and newly developed technologies, SETS has developed tooling, processes and to allow the cleaning Inspection of conductors continuously The success of Hydropulsion hasmethods been around industry knowledge, highly focussed customer developed tooling, processes to allow the cleaning Inspection of conductors from the surface, through the and “splash zone”built and underwater downand to the conductor guide frame,continuously where after service, equipment reliability and with the promise that only quality products service, which from the surface, the “splash zone” and underwater down to the conductor guideand frame, where after cleaning, detailedthrough inspection can take place delivering yearthe onhighest year repeatable results, which the Operator meet all specification requirements are place provided to our Customers. cleaning, inspection can take delivering year on year repeatable results, the Operator can use todetailed accurately predict degradation or specify repair requirements. Our projects andwhich workscopes focus can use to accurately degradation repair requirements. Ourchallenges projects and focus on creating innovative,predict efficient solutions or to specify solve our client’s problems and ofworkscopes the 21st Century. on creating innovative, efficient solutions to solve our client’s problems and challenges of the 21st Century.
12 02 02
Subsea Partner Rig Control Control Products Products Rig
03 13 03
Poulton Technologies Orca Oceanic Systems Ltd Poulton Technologies
www.subseapartner.no Tel: +47 52 22 37 00 www.rcpat.com email@example.com www.rcpat.com Tel: +44 (0) 1224 798 312 Tel: +44 (0) 1224 798 312 firstname.lastname@example.org email@example.com
www.connectandseal.com www.oos.scot www.connectandseal.com Tel: +44 (0) 748 492 0637 Tel: +44 5950637 206 Tel: +44(0) (0)1224 748 492 firstname.lastname@example.org email@example.com firstname.lastname@example.org
SubseaPartner is an IMCA registered Diving Contractor providing engineering, construction and IRM and services to the offshore and inshore energy industry. The company is registered in Norway and we can Rig Control Products have an outstanding for delivering highand quality innovative oilfield create sustainable value(RCP) to any project by adoptingreputation Norske Quality, Technology Industry Standards. Rig Control Products (RCP) have ansupport outstanding reputation for delivering high includes quality innovative oilfield control equipment and engineering Our the equipment hazardous area SubseaPartner have an exemplary track recordservices. of providing offshoreportfolio and inshore energy sector with control equipment and engineering support services. Our well equipment portfolio includesas hazardous area control equipment, floor safety systems, subsea and control equipment control safe, reliable and costdrill effective manned underwater operations. We have developedsuch a highlychoke innovative control equipment, drill floor units, safetyand systems, subsea well control equipment Products such as choke control consoles glycol injection hazardous areaand solar power systems. are designed, solution forand Light Daughter Craft Diving Operations and our experience over theRCP last 3 years has demonconsoles and glycol injection units, and area solar power systems. RCP Products are designed, built and bythis an in house teamhazardous of multidiscipline engineers and service technicians allowing RCP strated ourmaintained capability in field is unique and provides significant advantages over existing technologies. built andthe maintained bydemands an in house team of multidiscipline and servicesource technicians allowing RCP to will meet increasing the drilling industry and engineers offer clients a single fordeliver turnkey We continue to work closely of with our clients, partners, suppliers, and regulatory solution bodies to to meet the increasing demands of the drilling industry and offer aclients a single sourcepartners solution for turnkey projects. Principle in Aberdeen Singapore network of of trusted the smarter, simple, costoffices effective and safer and solutions to thesupport meet the challenges the industry in across the 21st projects. Principle in Aberdeen and Singapore support a network ofUAE, trusted partners acrossThis the globe allowing RCPoffices to operate from many ofthe the company key global oil hubs including and standards Australia. century. It has been and will continue to be philosophy to apply theIndia highest in globe RCP to operate from many of the key global oil hubs including UAE, India and Australia. This criticalallowing network ensures that we fulfil our commitment to provide everything we do in order to deliver a superior service to our clients.rapid worldwide support of our products. critical network ensures that we fulfil our commitment to provide rapid worldwide support of our products.
Poulton Technologies produces the unbreakable PT1 pipeline connector. It was developed and tested in Orca Oceanic Systems produces (OOS) is an Aberdeen headquartered company that offers and electrical Poulton Technologies the unbreakable PT1 space pipeline connector. wasHyperbaric developed testedhot in the UK, can be fitted in hostile conditions, in limited and without aItneed for weldingand or other services for be subsea and topside systems.inOOS was formed from a collaboration of individuals who the UK, can in hostile conditions, limited and without a It need for welding or other hot work. The PT1 isfitted unique because of its patented novelspace sealing technology. is probably the most rugged between decades of experience in the novel marine industry. Our multi-disciplined teammost encompass work. Thethem PT1have is because of its patented sealing technology. It is probably rugged pipe connector inunique the world because sealing is totally decoupled from connecting. Using the a metal seal, the Hyperbaric technical experts, marine sealing electrical experts and fully qualified and experienced technicians. pipe connector in the world because is totally decoupled from connecting. Using a metal seal, PT1 is also fire safe and can even seal helium. With Type Approval by Lloyd’s Register (ANSI 2500lb upthe to PT1 is also and canpatent even seal helium. With Type Approval bywith Lloyd’s Register 2500lb up to 16-inch NB)fire andsafe worldwide applicability, the PT1 provides you quicker, safer(ANSI and more cost-efOOS provide our clients with Habitat design for conventional and structural subsea operations, bespoke 16-inch NB) andfor worldwide the PT1 provides you with quicker, more cost-effective options newbuild,patent repairapplicability, and brownfield modification projects. 6000 psisafer - noand problem. No hot engineering package for subsea andand topside equipment along with full project both onshore fective options for newbuild, brownfield modification projects. 6000 support psi - no for problem. No hot work - no problem. Problem?repair No problem. and offshore operations via our dedicated hyperbaric team. Our electrical services include control system work - no problem. Problem? No problem. manufacture, electrical design, vessel mobilisation and integration and panel and power distribution system manufacture.
14 www.omniscientsafetyinnovations.com Tel: +44 (0) 785 238 1224 email@example.com
www.harperuk.com www.harperuk.com Tel: +44 (0) 146 484 1304 Tel: +44 (0) 146 484 1304 firstname.lastname@example.org email@example.com
www.deltatekglobal.com Tel: +44 (0) 1224 679 600 firstname.lastname@example.org
www.deltatekglobal.com www.deltatekglobal.com Tel: +44 (0) 1224 679 600 Tel: +44 (0) 1224 679 600 email@example.com firstname.lastname@example.org
Omniscient Safety Innovations Omniscient Safety Innovations (OSi) are a Health, Safety & Mental Health consultancy providing services for all of your HSE and wellbeing at work requirements.
Harper UK UK Harper
Our services support organisations with the tools and strategies to enable preventative measures, interventions and improvements which help to reduce business costs, prevent accidents, lower lost work days, increase productivity and morale through effective HSE and mental health management. Harper UK specialises inwestructural steelwork and fabrication. We provide a range of services including Get in touch to see howin can help steelwork support a happier and healthier workforce. Harper UK specialises structural and fabrication. We provide a range of services including mobilisations & demobilisations, design, equipment sales & hire, manufacturing bespoke equipment and mobilisations & demobilisations, equipment sales &innovative hire, manufacturing equipment and project management. Harper isdesign, committed to finding solutions bespoke that enhance business project management. Harper is committed to finding solutions that enhance business performance and meet client specification. We are based ininnovative Colpy, Aberdeenshire and our facilities include performance and meet client specification. We2are based Colpy, Aberdeenshire ourplasma. facilitiesWe include a 20,000 sq. ft. fully equipped workshop with x 10 tonneinoverhead cranes and aand CNC have a 20,000 sq. sq. ft. ft. fully equipped workshop withfor2 xstorage 10 tonne cranes and well a CNC plasma. We have 200,000 of outdoor space available andoverhead are geographically placed to cover the 200,000 sq.and ft. of outdoor for storage and geographically wellincluding, placed toour cover North-east beyond. To space find outavailable more about the range ofare services we can offer fleetthe of North-east and beyond. To and findour outPortable more about theUnit, range of services we canOffshore offer including, our fleet of fully certified DNV baskets Power come see us at SPE stand E1Q51. fullyData certified DNV basketsinnovation and our Portable Power come seejob us to at help SPE Scotland Offshore achieve stand E1Q51. The Lab is Scotland’s centre for dataUnit, and AI. It’s our bigger and better things and to get people from across the globe excited about what is happening here in Scotland. Our mission is to help Scotland maximise value from data and lead the world to a data-powered future. We are here to accelerate the journey by fuelling innovation through collaboration, building skills and growing talent, and strengthening Scotland’s thriving data science community. We act as a catalyst, using our expertise, network, funding and platforms to change how Scotland, and the world, innovates with data.
The Data Lab
DeltaTek Global Global DeltaTek
DeltaTek was established in response to the growing industry demand for efficiently implemented, We have operational hubs in in Edinburgh, Glasgow, and Inverness. Together with a network of over DeltaTek established to the Aberdeen growing demand for efficiently implemented, intelligent,was cost-saving and risk response reducing products to the oilindustry and gas drilling industry, whilst providing better 1,500 companies, public organisations, universities, experts, we’re working to better make intelligent, cost-saving andsector risk reducing products oilconstruction andand gasdata drilling industry, whilst providing wells for the operator. The company specialises in to thethe well sector and has developed pioneerScotland the global leader in data innovation. wells for the operator. Theare company specialises in the well construction sector and has developed pioneering technologies, which applicable to all types of sub-sea projects. DeltaTek’s range – including ing technologies, which QuikCure®, are applicable to all and types of sub-sea -projects. DeltaTek’s – including ArticuLock®, SeaCure®, CoreCure ControlCure® is engineered to suitrange all water and well ArticuLock®, SeaCure®, QuikCure®, CoreCure and ControlCure® - is and engineered totosuit all water and well depths, are mechanically robust in construction, yet simple to operate designed eliminate in-efficiendepths, are mechanically robust in environmental construction, yet simple to operate and designed eliminate in-efficiencies, reduce operational risks and exposures. DeltaTek’s entrance to into the drilling market cies, reduce operational risks and environmental exposures. DeltaTek’s into the Centre drilling (OGTC) market has been accelerated through support from industry bodies, The Oil and entrance Gas Technology has accelerated through support from industry bodies, with The Oil Gas Technology Centre (OGTC) and been Scottish Enterprise, who have connected the company keyand industry contacts and facilitated a and Scottish Enterprise, have ethos connected the company with key industry contacts facilitated a number of field trials. Thewho DeltaTek is simple, developing technology that Saves Rigand Time. number of field trials. The DeltaTek ethos is simple, developing technology that Saves Rig Time.
06 06 www.xodusgroup.com www.xodusgroup.com Tel: +44 (0) 1224 628 300 Tel: +44 (0) 1224 628 300 email@example.com firstname.lastname@example.org
07 07 www.craig-international.com www.craig-international.com Tel: +44 (0) 1224 701 888 Tel: +44 (0) 1224 701 888 email@example.com firstname.lastname@example.org
08 08 www.ontaap.com www.ontaap.com Tel: + 44 (0) 845 230 9787 Tel: + 44 (0) 845 230 9787 email@example.com firstname.lastname@example.org
Xodus Group Group Xodus Xodus Group is a global energy consultancy, offering expert advice and solving complex problems. Xodus Groupspecialists is a global energy offering expert advice and engineering solving complex problems. Multi-skilled work acrossconsultancy, the energy spectrum providing advisory, and consultancy Multi-skilled specialists work across the energy spectrum providing advisory, engineering and consultancy services alongside intelligent data solutions. From concept and development, through consenting, asset services alongside intelligent data solutions. concept and development, asset management and optimisation to late-life andFrom decommissioning, Xodus helps through clients toconsenting, maximise value, management and optimisation and decommissioning, Xodus helps clients to maximise value, proactively seeking clever ways to to late-life do things better. proactively seeking clever ways to do things better. Xodus turns data into meaningful information for informed decision making. The team leads energy Xodus turns data into meaningful information for informed decision making. The team leads energy transition developments, in partnership with clients. transition developments, in partnership with clients. Headquartered in Aberdeen, Scotland with a global operations centre in London, Xodus has offices in Headquartered in Aberdeen, Scotland global operations centre in London, Xodus has offices in Edinburgh, Glasgow, Orkney, Egypt and with Perth,a Australia. Edinburgh, Glasgow, Orkney, Egypt and Perth, Australia.
Craig International International Craig At Craig International we make procurement work smarter. It’s why we are the outsourced procurement At Craig International we make procurement smarter. It’s why weeight are the partners of choice for many of the oil and gas work majors. We operate from keyoutsourced global basesprocurement across four partners of choice for many of the oil and gas majors. We operate from oil eight bases across four continents. Our award-winning international teams combine worldwide andkey gasglobal intelligence with robust continents. Our award-winning international teams combine worldwide and gas intelligence robust processes to deliver an unrivalled level of service. Our award winningoilonline digital platformwith ebuy, has processes to deliver an unrivalledbusiness level of service. Our award digital platform ebuy, has revolutionised the procurement on a global scale. winning Combineonline the powerful client integration revolutionised procurement business a your global scale. has Combine the procurement powerful client integration features of ebuythe with our Smartbuyer serviceon and business an online team – primed features of to ebuy with our Smartbuyer service andthe your business hassustainable, an online procurement team – primed and ready respond 24/7. We’re also leading way to deliver ethical procurement. Our and ready to respond We’re also leading way toadeliver ethical procurement. Our Energy Surplus service24/7. and Ecobuy initiative aimthe to create circularsustainable, economy, where resources remain in Energy service and for Ecobuy initiative aimand to create a circular use for Surplus as long as possible maximum value minimum waste.economy, where resources remain in use for as long as possible for maximum value and minimum waste.
OGV Pavilion supported by
TAAP stands for The Agile Application Platform, established in 2004 by the Founder and CEO Steve TAAP stands Agile licensing Application Platform, in 2004 any by the andofCEO Steve Higgon. TAAP for is aThe software business builtestablished around digitisation, andFounder all aspects the digital Higgon. TAAP isjourney, a software licensing business built around digitisation, and all aspects ofcross-platthe digital transformation processing real-time data, data insights through any business intelligence, transformation journey, processing real-time data, data insights through business intelligence, cross-platform mobility regardless of operating system, system integration, enterprise business process change, form regardless of operating system, system integration, enterprise change, smartmobility workflow, IOT, AI/ML, collaboration, standardisation, data integrity andbusiness businessprocess agility. TAAP is smart workflow, AI/ML, collaboration, agility. TAAP is deployed globallyIOT, across a wide range of standardisation, industry sectorsdata and integrity verticals.and It’s business a horizontal technology deployed globally acrossvertical a widedeployment range of industry sectors verticals. It’s a horizontal technology platform with extensive examples withinand Logistics, Finance, Compliance, Auditing, platform with extensive vertical deployment Logistics, Finance, Compliance, Auditing, Inspection, Corrosion, Supply Chain, Oil & Gas, examples Healthcarewithin and Retail. The TAAP team have over 300+ man Inspection, Supply Chain, Oildon’t & Gas, Healthcare Retail. The TAAP teamthen haveyou over 300+ man years of IT Corrosion, delivery experience. If you have a digital and transformation platform don’t have a years IT delivery experience. If you in don’t have a digital transformation platform then you don’t have a digitalof transformation strategy. Invest TAAP to bring to life your next digital transformation project. digital transformation strategy. Invest in TAAP to bring to life your next digital transformation project.
Visit us at SPE Offshore Europe Stand 3B20
Revolutionising Offshore Filtration The future of offshore gas turbine operation is changing. N-hanceÂŽ keeps engines clean, healthy, operational and eliminates the need for frequent water washing.
| +44 (0)1670 713 477
Maximise your Production Efficiency With AAFâ€™s N-hance Filtration System The Problem Gas turbines offshore consume vast amounts of atmospheric air heavily contaminated with both natural and industrial pollutants. Sea spray, sea salt aerosol, fogs and mist combine with burnt and unburnt hydrocarbons, as well as particles from mud burn, grit blast and drilling activities. Exposure to these conditions can seriously reduce the performance and operating efficiency of a precision gas turbine.
The Solution The N-hance Filtration System is installed within an existing high velocity air intake filter housing. This quick internal retrofit requires no hot work and once installed it combines
Eliminate compressor fouling
all the benefits of EPA E12 filtration technology with a low pressure drop. The class-leading filter utilises AAFâ€™s proprietary offshore media which protects engines against fog/mist, sea salt aerosols, hydrocarbons and sub-micron particulate. N-hanceâ€™s EPA E12 filtration technology will not only prevent compressor contamination it generates significant improvements in engine and component life, as well as a considerable reduction in operational expenditure. N-hance ensures gas turbine operation remains continuous and eliminates the need for frequent offline water washing. This in turn increases production efficiency and eliminates the risk of an unexpected shutdown, providing operators with complete peace of mind.
Eliminate hot end corrosion
1 | Eliminate compressor fouling
2 | Eliminate monthly offline water washing
3 | Increase fuel efficiency
4 | Extend component and engine life
5 | Eliminate hot end corrosion
6 | Reduce CO2 emissions
OE 2019 marks second
anniversary for OGV
This year marks the second anniversary of OGV Energy Magazine which launched at Offshore Europe 2017. In the last two years, the magazine has grown to become the UK’s leading industry publication, establishing a position both locally and globally.
OGV celebrates issue 24, two years on from the first issue launched at OE, Europe’s largest offshore conference. Due to business growth over the last 24 months, the company has employed a team of media and marketing professionals who have transformed the magazine from its inaugural issue. Two years ago, Managing Director Kenny Dooley identified a gap in the market for fresh, new energy content, with the vision to create the sector’s must-read news magazine. Since its launch, OGV Energy has experienced substantial growth, becoming the go to media company for energy professionals. Today, the OGV Energy website incorporates the company’s various platforms including OGV Magazine, OGV TV, OGV Jobs, OGV Supply Chain Directory and OGV Events. The magazine is the company’s flagship offering and was launched as Oil & Gas Vision, before the company’s rebrand to OGV Energy in 2018. Over the past 24 months, a number of popular features have been introduced including “Women in the Industry,” “A day in the life” and the “Innovation and technology zone.”
The team have established strong relationships with Oil and Gas companies and PR agencies, resulting in a series of high-profile interviews and press exclusives. Following the success of its first publication, OGV Energy launched “OGV Jobs” newspaper in January 2019 to target the growing energy recruitment market. OGV Energy will host the OGV Pavilion for the first time at this year’s Offshore Europe, supported by 25 companies. Rever Offshore have come on board as the pavilion’s main sponsor, whilst Attollo Offshore will support OGV’s networking event on Wednesday 6 September – “Offshore Europe’s largest networking bar crawl.” Kenny Dooley comments, “This issue marks the second anniversary of the magazine and coincides with our second visit to Offshore Europe. This time we are back with over 25 partner companies and our first pavilion at this event. It’s been a long journey but it’s a great achievement to see where we are today.”
ENERGY ENGINEERING for over 30 Years
Design Engineering and Finite Element Analysis
Welding and Fabrication – Specialists in S690 welded fabrications & exotic materials
CNC Machine Shop – 3, 4 and 5 Axis Machines
CNC Water Jet & Oxy Propane profiling – 200mm thick water & 500mm flame
Pressure and Load Testing
Underwater Tooling for ROV and Divers
FPSO Support Engineering – Offshore and Dry Docking
Offices and Workshops in Scotland and Mexico
Marine Base in Montrose Port, fully equipped to support marine activities
Offshore Labour Support Whittaker Engineering - Hindwells - Stonehaven - Aberdeenshire - AB39 3UT Tel: + 44 (0)1569 762018
Whittaker Mexicana - Carretera 180 - Carmen - Puerto Real Km 25+200 - Ciudad del Carmen Campeche - Mexico Unit NB2B, North Side Montrose Port, Angus
Communication is key to effective
market intelligence Market intelligence plays an integral part in shaping the strategic direction of Proserv’s various business units.
Vital dialogue In order to maximise their ability to harness market intelligence, business development teams maintain a healthy and constructive dialogue with their analytics functions. Field intelligence still has an important role but in today’s fast-moving world, swamped with often conflicting messages, ensuring a balanced point of view considering all the facts, helps teams make better choices. For their current opportunities, the ability to access critical project data, perhaps impacting the owner of the asset or a main contractor, can give teams valuable fresh insight into their target and steer their next move.
Krisstopher Melvin, Market Analyst, Proserv believes collaboration can unlock a good set of data As a Market Analyst, it is part of my job to understand the macroeconomy, political changes and the overall direction of the energy industry. I know the sector is now cautiously looking to become more expansive in its ambitions as it continues to move forward from the pain of the last four years. I am equally aware that when the current buzzwords include the likes of ‘efficiency’, ‘reliability’ and ‘optimisation’ and capital expenditure remains moderate, market intelligence really needs to be as accurate as possible. The role of a Market Analyst undoubtedly conjures up an image of endless data and spreadsheet interpretation, complex modelling and number crunching. There is certainly a lot of that involved but arguably the most important part of what I do revolves around communication. The channel between external data providers, data interpretation, field intelligence and the needs of the business is critical to its success.
For future opportunities and for predicting potential trends, a firm’s attitude to market analysis will become increasingly important. At Proserv, our capabilities cut across different sectors and phases of the energy supply chain. As a case in point, if our Production Controls Business Unit was studying prospects in a specific onshore market, I can work together with them to focus on the relevant metrics within a full data set to create the intelligence required to influence their future strategy. By looking at the specific stage of a well (is it being used for exploration or development), its depth, whether it is an injection well, its suitability to our capabilities, its proximity to our regional support hubs and other useful metrics, we establish an informed view as to whether it constitutes a target, either now or in the future.
Assessing the right data The challenge for an Analyst is to find the right cocktail of data sources, depending on the various specialisms and activities of the business. For Proserv, there are several data providers who can potentially offer information relating to a range of metrics including subsea equipment, platforms, rigs or wind turbines, but, as in everything, not all the data points agree with one another, and multiple sources need to be used to achieve the best informed outlook. The variation in data requires close communication with the provider so that at any time I can say, “this is what I really need and this is what will help my business.”
The best data houses take the time to listen to their prospective clients. They don’t regard the dynamic as a commercial exchange of data or a licence but rather the formation of a partnership so that their services, and the client’s needs, are both maximised. They will seek to learn what your main operating activities are, what services you provide and whether their data sets will, in fact, prove useful to you. Their Analysts will continue to advise and support you throughout.
Collaboration is crucial The business world is a competitive space, whether that is in the oil and gas service sector or in third party data provision. The data providers who will succeed in the long run are the ones that reach out effectively to the operators and the supply chain. To generate data that can theoretically comprise an assortment of metrics satisfying the needs of a diverse range of clients, from majors to small service companies, needs genuine collaboration. Many data houses are clearly showing a trend of engaging more with operators, and also with original equipment manufacturers, to offer additional metrics around upcoming contracts or makes of equipment supplied, as they have listened to their clients and know this type of information could be key. Greater interaction between third party providers, operators, the supply chain and also trade bodies will inevitably lead to more sophisticated, nuanced data that, in itself, will have a certain degree of intelligence built into it. More accurate data sets will certainly lead to greater competition in the industry and if additional metrics are added to supplement what the third parties provide, and further statistics are placed freely in the public domain, then everybody benefits – including Market Analysts. But ultimately, data is only as good as the interpretation placed upon it. Applying the relevant metrics, in any given situation, and appropriate to the specific requirements of a diverse business, is the differentiator and enables the generation of informed market intelligence.
Women in industry
Beatriz Rodriguez Vice President Human Resources Oilfield Equipment BHGE
WOMEN IN INDUSTRY
What was your first job in the industry? I joined the oil and gas industry in 2011 in one of the most strategic moments of the business for General Electric, at that time. This job was in Brazil, in Rio de Janeiro, and we had just acquired five companies to complement our portfolio, one of the biggest acquisition activities in the industry; I was the HR Integration Leader. I have always loved the space of mergers and acquisitions and the opportunity it presents to bring cultures together to form one company that is more powerful. From that moment on, I fell in love with the potential of the oil and gas industry. To have the opportunity to bring more energy to the world and improve the future outlook through cleaner energy solutions using data driven performance. This industry has changed so much since I started my career and I’m looking forward to what we will do in the next couple of decades.
Was the Oil and Gas industry always the industry for you? I never thought that I would spend most of my years in this industry, however, once I realised how much it had evolved and how much potential it has to flourish, I immediately knew it was the place for me. After the downturn, most companies who play in the oil and gas sector has come out stronger, different, more creative. The downturn demanded that we start looking at things in a new way, challenging ourselves and each other to be better. As a company, we’ve reinvented ourselves and how we deliver outcomes for our customers, while keeping safety and the need of our environment at the forefront of everything we do. We have a very clear commitment to be a zero carbon emission company by 2050 and that is what keeps me going in this industry.
What has been the high point of your career so far? The highest point of my career so far was when I received the opportunity to help turn around one of our global business units that was struggling to meet financial obligations. It was quite a challenge and nobody could
I never thought that I would spend most of my years in this industry, however, once I realised how much it had evolved and how much potential it has to flourish, I immediately knew it was the place for me.
seem to pinpoint exactly where the pain points were. My first priority was to look at the business model and identify how the company was delivering outcomes and executing work on a daily basis. From there, I worked backwards through the organisation to be sure the various leaders were aligned. I learned a good lesson during that time – Traditionally, human resources, and most support functions within a company, look at things from the inside out. I changed my mentality, and started looking at the business unit from the outside in. I asked myself: “how do our customers perceive us”? We made a decision to re-design the entire organisation structure and created a whole new execution model. The business delivered triple digit profits in just one year and we received the General Electric Chairman Award for the best Tier 2 business turnaround. For me personally, it was a great learning experience and to see our workforce satisfied and proud of the business they worked it was the highlight.
Have you had to face any challenges? Of course! To date, I have lived in five different countries in the last eight years. I have found myself in many circumstances that were culturally challenging while also making it difficult to excel in my career development. I remember being in Latin America and going to Venezuela to visit our teams and facilities. We were required to have bodyguards given the security issues of the country. When I would visit Comodoro Rivadavia, south of Argentina, I experienced very tough negotiations with our union population when it came to benefit harmonisations plans. One of the most challenging times for me was when I lived in Russia and had very little resources while also not being able to speak the language. All of these experiences made me stronger and I now appreciate everything I’ve learned during those opportunities.
From your experience, what are the key skills/attributes you need to succeed in a senior management role? In order to succeed in a management role, operational excellence and the right say-do ratio is the basis of the recipe for success. That is the “what”, however, it is not enough. You can deliver great results, but without the “how”, you’ll never be “successful”. The “how” includes caring about people, building relationships, showing true passion, setting clear expectations and being as transparent and honest as you can with your teams, your peers, your bosses and yourself.
How do you achieve the work/life balance? Finding a work/life balance is always a bit complicated. There are multiple books and articles that I’ve read over the years that have helped me incorporate some flexibility in my schedule. Finding a work/life balance isn’t one size fits all and each individual has to figure out what works best for them and their family and friends. For me personally, I call it work/life integration, instead of balance. I make a lot of “todo” lists that help keep me organised. My career is very important to me but nothing is more important than my family so I try and integrate both those priorities in my day-to-day schedule and just do the best I can knowing I’ll never be perfect, but always striving for perfection.
Is there anything you would you like to see change in the industry? Safety is at the core of this industry and for me it’s something I’m absolutely passionate about. I read an article recently that said the oil and gas industry needs to do better when it comes to HSE. At BHGE, we strive for a perfect HSE day with no issues where we keep our employees safe from all hazards and ensure they return home to their family and friends exactly how they left them. I have a zero tolerance policy when it comes to safety and I truly believe nothing is more important than the health of our people. We’ve come a long way but I do feel like we still have a lot of work to do when it comes to this topic in our industry.
What would be your advice to other women looking to enter the energy sector? I would ask them to think about our industry and a career in our industry through the lens of the potential to change the way conventional things work. The energy sector is taking immense strides around diversity in our industry and women just need to trust that large, global companies, like BHGE are focusing on moving the needle. At the end of the day, the most important thing is pursuing something you’re passionate about. The oil and gas industry that we all knew 20 years ago is a thing of the past. Moving forward, BHGE will continue to bring energy to the world transforming traditional careers and the best is yet to come.
Prodrill bolsters board to support growth and industry vision Bob Watt has also joined the team as senior technical resource specialist to support the business as it diversifies into the new sectors.
Bob Watt and Drew Alexander
Aberdeen headquartered Prodrill Energy Resource Solutions has expanded its board with the strategic appointment of a key director as the business aligns to support the oil and gas sector’s vision to 2035 and beyond. Drew Alexander, who has been working within the management team for seven years, has moved up to client relationship director with the business, which specialises in supplying personnel upstream energy industry. The move also sees Mr Alexander taking a place on the board alongside managing director, Louise Wood, and co-director, Julie Cowie. The appointment comes as Prodrill continues to support the industry as it adapts to a changing recruitment landscape, including future legislation changes around IR35, whilst aligning the strategy and direction of the business alongside the oil and gas industry’s Vision 2035 to recruit an additional 25,000 people by 2025 and 40,000 by 2035. *
upstream recruitment specialists in...
Mr Alexander, who has more than 20 years oil and gas recruitment experience, said: “We have a superb depth of experience in our recruitment team which allows me to focus on driving performance and growing our client base on a global level. We continue to win new client contracts in Aberdeen, as well as London and the Middle East, and I’ll be overseeing client relationships to ensure the ongoing delivery of our core strengths. “During the downturn, Prodrill focused on its core strengths and technical know-how to support the changing landscape. My new appointment will allow me to work alongside my fellow directors, to strengthen our global reputation and forge links with new clients across a wider service offering. Specialising in sourcing key oil and gas technical skill, Prodrill has expertise in recruiting talent across drilling services, decommissioning/plug and abandonment, subsea, geoscience, completions/well services, plus all aspects of general engineering, operations & maintenance and management support.
Joining a team which boasts more than 100 years of collective expertise, Mr Watt, who will focus on the well services and completions disciplines, added: “I’ve been working in oil and gas recruitment for forty years supporting the industry from first generation projects to the current era of decommissioning and plugging and abandonment. I have experience across the board which fits perfectly with Prodrill’s eight core sectors and will support the team here to source the right talent for the right client at the right time using my technical expertise and network of contacts.” Managing director, Louise Wood, added: “It’s an exciting time for the company with Mr Alexander’s appointment to the board. Also, adding Mr Watt’s knowledge to our already experienced team ensures that our clients are in very capable hands and this gives Prodrill the leading edge in the oil and gas recruitment market.” As the industry counts the cost of losing a vast amount of experience and skills in recent years, Prodrill has been supporting clients on both contingency and retained recruitment projects as companies take a mixed approach to staffing solutions. Over the past decade, Prodrill has supported more than 2000 client projects in 37 countries and as clients diversify in new global markets, the company is well placed to source key personnel for diverse projects worldwide. *UKCS Workforce Dynamics, The Skills Landscape 2019-2025 – OPITO/RGU Oil & Gas Institute.
www.prodrill-ers.com contact us on: +44 (0) 1224 261920
completions & well services
decommissioning plug & abandonment
operations & maintenance
management & support
1Q pe T ro A n Eu D lio e N vi or A Pa sh S T V ff G O UR O O the D t N a FI
INNOVATIVE ENGINEERING INNOVATIVE ENGINEERING INNOVATIVE INNOVATIVE ENGINEERING INNOVATIVE ENGINEERING INNOVATIVE INNOVATIVE
COLLISION AVOIDANCE COLLISION AVOIDANCE COLLISION AVOIDANCE COLLISION AVOIDANCE COLLISION AVOIDANCE COLLISION AVOIDANCE COLLISION COLLISIONAVOIDANCE AVOIDANCE
• • • • •
• TRAVELLING BLOCK MONITOR • TRAVELLING BLOCK MONITOR TRAVELLING BLOCK MONITOR • TRAVELLING BLOCK MONITOR TRAVELLING BLOCK MONITOR • •TRAVELLING BLOCK MONITOR ••• COLLISION COLLISION AVOIDANCE COLLISION AVOIDANCE AVOIDANCE •COLLISION AVOIDANCE TRAVELLING BLOCK MONITOR •COLLISION TRAVELLING BLOCK MONITOR • AVOIDANCE • COLLISION AVOIDANCE • ZONE • MANAGEMENT ZONE MANAGEMENT ZONE MANAGEMENT •COLLISION ZONE MANAGEMENT • AVOIDANCE • COLLISION AVOIDANCE ZONE • MANAGEMENT ZONE MANAGEMENT ••• LINK LINK TILT / MONKEY BOARD PROTECTION • LINK TILT MONKEY BOARD PROTECTION TILT /•/MONKEY BOARD PROTECTION TILT / MONKEY BOARD PROTECTION • •LINK ZONE MANAGEMENT ZONE MANAGEMENT • LINK TILT / MONKEY BOARD PROTECTION LINK TILT / MONKEY BOARD PROTECTION • CRANE COLLISION WARNING SYSTEM • • CRANE CRANE COLLISION WARNING SYSTEM COLLISION WARNING SYSTEM CRANE COLLISION WARNING SYSTEM LINK / MONKEY BOARD PROTECTION TILTTILT /COLLISION MONKEY BOARD PROTECTION CRANE COLLISION WARNING SYSTEM •• • •LINK CRANE WARNING SYSTEM • CRANE • CRANECOLLISION COLLISIONWARNING WARNINGSYSTEM SYSTEM
BRAKE CONTROL BRAKE CONTROL BRAKE CONTROL BRAKE CONTROL BRAKE CONTROL BRAKE CONTROL BRAKE BRAKE CONTROL CONTROL
• • • • •
• • EDDY EDDY CURRENT CONTROL SYSTEMS • EDDY CURRENT CONTROL SYSTEMS EDDY CURRENT CONTROL SYSTEMS CONTROL SYSTEMS EDDY CURRENT CONTROL SYSTEMS •CURRENT EDDY CURRENT CONTROL SYSTEMS • ••BRAKE BRAKE MONITORS • BRAKE MONITORS BRAKE MONITORS EDDY•CURRENT CURRENT CONTROLSYSTEMS SYSTEMS •• MONITORS EDDY CONTROL • BRAKE MONITORS BRAKE MONITORS BATTERY CHARGING SYSTEMS /UP BACK • BATTERY BATTERY CHARGING SYSTEMS BACK UP UP CHARGING SYSTEMS // BACK UP •• BATTERY CHARGING SYSTEMS / BACK • BRAKE MONITORS • BRAKE MONITORS BATTERY CHARGING SYSTEMS / BACK • •BATTERY BATTERY CHARGING SYSTEMS / BACK UP UP • • •BATTERY SWITCHOVER UNITS BATTERY SWITCHOVER UNITS SWITCHOVER UNITS SWITCHOVER UNITS • •BATTERY BATTERY CHARGING SYSTEMS / BACK BATTERY CHARGING SYSTEMS / BACK UP UP • BATTERY SWITCHOVER UNITS • BATTERY SWITCHOVER UNITS •PWM PWM UPGRADES AND REPAIRS • •PWM UPGRADES AND REPAIRS PWM UPGRADES AND REPAIRS UPGRADES AND REPAIRS • BATTERY SWITCHOVER UNITS • BATTERY SWITCHOVER UNITS •PWM PWMUPGRADES UPGRADESAND ANDREPAIRS REPAIRS • •PWM PWMUPGRADES UPGRADESAND ANDREPAIRS REPAIRS •
MARINE MARINE MARINE MARINE MARINE MARINE MARINE MARINE
• • • • • • •
• • • • •
• DECK MOTION MONITOR • DECK MOTION MONITOR • DECK MOTION MONITOR DECK MOTION MONITOR • BALLAST CONTROL • BALLAST CONTROL • BALLAST CONTROL • DECK MOTION MONITOR CONTROL • BALLAST DECK MONITOR • MOTION LEAK DETECTION DECK MOTION MONITOR •• LEAKLEAK DETECTION ••LEAK DETECTION DECK MONITOR • MOTION BALLAST CONTROL DETECTION • • WATER BALLAST CONTROL TIGHT DOOR MONITORING • BALLAST CONTROL ••• WATER WATER TIGHT DOOR MONITORING TIGHT DOOR MONITORING BALLAST CONTROL TIGHT DOOR MONITORING • LEAK DETECTION • WATER LEAK DETECTION • ANCHOR ANCHOR WINCH MONITORING •• • ANCHOR WINCH MONITORING • LEAK DETECTION ANCHOR WINCH MONITORING LEAKWINCH DETECTION MONITORING WATER TIGHT DOOR MONITORING WATER TIGHT DOOR MONITORING ••• HAZARDOUS AREA SOLAR PANELS ••• • HAZARDOUS HAZARDOUS AREA SOLAR PANELS AREA SOLAR PANELS WATER TIGHT DOOR MONITORING HAZARDOUS AREA SOLAR PANELS WATER TIGHT DOOR MONITORING • ANCHOR WINCH MONITORING • ANCHOR WINCH MONITORING • OFF GRID POWER SOLUTIONS OFF GRID POWER SOLUTIONS •• •OFF OFF GRID POWER SOLUTIONS • ANCHOR WINCH MONITORING GRID POWER SOLUTIONS ANCHOR WINCH • HAZARDOUS AREA SOLAR • HAZARDOUS AREAMONITORING SOLARPANELS PANELS • •HAZARDOUS AREA SOLAR • HAZARDOUS AREA SOLARPANELS PANELS OFF GRID POWER SOLUTIONS • OFF GRID POWER SOLUTIONS •OFF OFFGRID GRIDPOWER POWERSOLUTIONS SOLUTIONS •
ENGINEERING SERVICES ENGINEERING SERVICES ENGINEERING SERVICES ENGINEERING SERVICES ENGINEERING SERVICES ENGINEERING SERVICES • OBSOLETE EQUIPMENT UPGRADES ENGINEERING SERVICES • OBSOLETE EQUIPMENT UPGRADES OBSOLETE EQUIPMENT UPGRADES ENGINEERING SERVICES OBSOLETE EQUIPMENT UPGRADES • SYSTEM DESIGN & SENSOR SELECTION
• DESIGN & SENSOR SELECTION • • SYSTEM SYSTEM DESIGN & SENSOR SELECTION SYSTEM DESIGN & SENSOR SELECTION ••HAZARDOUS AREA CIRCUIT DESIGN OBSOLETE EQUIPMENT UPGRADES HAZARDOUS AREA CIRCUIT DESIGN •• • HAZARDOUS HAZARDOUS AREA CIRCUIT DESIGN OBSOLETE EQUIPMENT UPGRADES AREA CIRCUIT DESIGN •SYSTEM OBSOLETE EQUIPMENT UPGRADES • SURVEYS EX SURVEYS -& RFID TAGGING • DESIGN SENSOR SELECTION • OBSOLETE EQUIPMENT UPGRADES • EX RFID TAGGING •• EX EX SURVEYS - RFID TAGGING SYSTEM DESIGN & SENSORSELECTION SELECTION -DESIGN RFID TAGGING •••SURVEYS SYSTEM & SENSOR INSTALLATION & COMMISSIONING HAZARDOUS AREA CIRCUIT DESIGN • INSTALLATION & COMMISSIONING SYSTEM DESIGN & SENSOR SELECTION ••• INSTALLATION INSTALLATION & COMMISSIONING AREA CIRCUIT DESIGN & COMMISSIONING • HAZARDOUS HAZARDOUS AREA CIRCUIT DESIGN • EX SURVEYS RFID TAGGING • HAZARDOUS AREA CIRCUIT DESIGN • EX•SURVEYS - RFID TAGGING EX SURVEYS RFID TAGGING • EX INSTALLATION & COMMISSIONING SURVEYS - RFID TAGGING •• • INSTALLATION INSTALLATION&&COMMISSIONING COMMISSIONING • INSTALLATION & COMMISSIONING
(0) 1224 798312 T +44 (0) (0) 1224 798312 T T+44 +44 1224 798312 (0) 1224 798312 T +44 email@example.com firstname.lastname@example.org @ @ email@example.com firstname.lastname@example.org @ @ T +44 (0) 1224 798312 www.rcpat.com W +44(0) (0)1224 1224798312 798312 T +44 www.rcpat.com W T +44 (0) 1224 798312 T@ www.rcpat.com www.rcpat.com W W email@example.com @@ firstname.lastname@example.org email@example.com @W firstname.lastname@example.org www.rcpat.com WW www.rcpat.com www.rcpat.com W www.rcpat.com
DRILLING INSTRUMENTATION DRILLING INSTRUMENTATION DRILLING INSTRUMENTATION DRILLING INSTRUMENTATION DRILLING INSTRUMENTATION INSTRUMENTATION DRILLING DRILLING INSTRUMENTATION INSTRUMENTATION DRILLING
• • • • • • •
• • • • •
• • • • • • •
• • • •• •
• RIG MONITORING SYSTEM SYSTEM • RIG MONITORING SYSTEM RIG MONITORING SYSTEM •BOP BOP &WELL WELL CONTROL PANELS & CONTROL PANELS • BOP & WELL CONTROL PANELS • RIG MONITORING SYSTEM CONTROL PANELS • BOP & WELL RIG MONITORING SYSTEM • DATA AQUISITION • RIG MONITORING SYSTEM DATA AQUISITION ••DATA AQUISITION RIG MONITORING SYSTEM BOP &WELL WELLCONTROL CONTROL PANELS ••DATA AQUISITION BOP & PANELS •MONITORING TANK MONITORING • BOP & WELL CONTROL PANELS TANK • TANK MONITORING • BOP & WELL CONTROL PANELS TANK MONITORING • DATA AQUISITION • • HAZARDOUS DATA AQUISITION AREA CCTV SYSTEMS HAZARDOUS AREA CCTV SYSTEMS • DATA AQUISITION ••HAZARDOUS AREA CCTV SYSTEMS DATA•AREA AQUISITION CCTV SYSTEMS TANK MONITORING ••HAZARDOUS TANK MONITORING •OBSOLETE OBSOLETE SYSTEMS UPGRADES SYSTEMS UPGRADES OBSOLETE SYSTEMS UPGRADES •MONITORING TANK MONITORING OBSOLETE SYSTEMS UPGRADES • TANK • HAZARDOUS AREA CCTV SYSTEMS • • CHOKE HAZARDOUS AREA CCTV SYSTEMS • CHOKE CONTROL CONSOLES CONTROL CONSOLES CHOKE CONTROL CONSOLES ••CONTROL HAZARDOUS AREA CCTV SYSTEMS CHOKE CONSOLES • HAZARDOUS AREA CCTV SYSTEMS OBSOLETE SYSTEMS UPGRADES • OBSOLETE SYSTEMS UPGRADES • OBSOLETE SYSTEMS UPGRADES • OBSOLETE SYSTEMS UPGRADES • CHOKE CONTROL CONSOLES • CHOKE CONTROL CONSOLES • CHOKE CONTROL CONSOLES • CHOKE CONTROL CONSOLES
SOFTWARE SERVICES SOFTWARE SERVICES SOFTWARE SERVICES SOFTWARE SERVICES SOFTWARE SERVICES SOFTWARE SERVICES • BESPOKE SOFTWARE DESIGN SOFTWARE SERVICES • BESPOKE SOFTWARE DESIGN BESPOKE SOFTWARE DESIGN SOFTWARE SERVICES BESPOKE SOFTWARE DESIGN • PLC, HMI & SCADA DESIGN
• DESIGN & SCADA PLC,PLC, HMI•HMI SCADA DESIGN •&BESPOKE SOFTWARE TESTING DESIGN SOFTWARE • SOFTWARE TESTING SOFTWARE TESTING ••SOFTWARE BESPOKE SOFTWARE DESIGN TESTING •• BESPOKE SOFTWARE DESIGN NETWORK DATABASE &DESIGN CONFIG PLC, HMI &DESIGN SCADA BESPOKE SOFTWARE DESIGN NETWORK DATABASE DESIGN &DESIGN CONFIG NETWORK DATABASE DESIGN & CONFIG ••NETWORK PLC, HMI & SCADA DATABASE DESIGN & CONFIG • PLC, HMI & SCADA DESIGN WITS DATA TESTING ••HMI SOFTWARE • WITS DATA • PLC, & SCADA DESIGN WITS DATA • WITS DATA SOFTWARE TESTINGTESTING • SOFTWARE • NETWORK DATABASE DESIGN & CONFIG SOFTWARE TESTING •• • NETWORK NETWORK DATABASE DESIGN & CONFIG DATABASE DESIGN & CONFIG • WITS DATA NETWORK DESIGN & CONFIG •• WITS DATA• DATABASE WITS DATA • WITS DATA
RCP have long history as manufacturer specialising ininhazardous area control, safety and monitoring equipment RCP have aaalong history as aaaleading manufacturer specialising ininhazardous area control, safety and monitoring equipment used used RCP long history as aleading leading manufacturer specialising hazardous area control, safety and monitoring equipment RCP have ahave history as manufacturer specialising ininhazardous area control, safety and monitoring equipment used RCP have history as leading manufacturer specialising hazardous control, safety and monitoring equipment RCPRCP have along long history asaaleading leading manufacturer specialising hazardous areaarea control, safety and monitoring equipment usedused used have aaalong long as manufacturer specialising ininhazardous area safety and equipment used RCP have longhistory history asaaleading leading manufacturer specialising hazardous areacontrol, control, safety andmonitoring monitoring equipment used products and Barksdale Control Products, valves and sensors. products and Barksdale Control Products, valves and sensors. products and Control Products, valves and sensors. products and Control Products, valves and products andBarksdale Barksdale Control Products, valves and sensors. products andBarksdale Barksdale Control Products, valves andsensors. sensors. products productsand andBarksdale BarksdaleControl ControlProducts, Products,valves valvesand andsensors. sensors.
Tips from the top With our Business Development expert, Quintin Milne
Proactive Business Development People often ask what the secret is to successful business development? The truth is, there is no secret. Successful business development starts with being proactive – something that sounds simple but in reality is very effective. Proactive business development is a mindset and starts with the right attitude. Anyone can be proactive but to achieve results they must be driven to succeed. When I recall my own experiences, one of the most important factors is maximising all opportunities. A business trip can be extremely valuable if it is conducted in the right manner. I’ve lost count of the times I’ve came across BD guys boozing down the pub instead of sitting in meetings. This is a disappointing example of business development and one that tends to give the rest of us a bad name. I of all people know the importance of entertaining but just sitting in the pub on expenses doesn’t cut it! These types of people are the ones who tap out an email from their desk, don’t get a response then tell their boss they “tried.” I’ve always ensured my trips to London were completely planned out before stepping out the door. If you are fortunate enough to be sent on a work trip, ensure you are maximising every minute you are there. Start by lining up four meetings in a day instead of the one you had originally intended. Be strategic with your timings by researching the locations beforehand. If the companies’ schedules permit it, try to tie in meetings in similar locations so that you’re not zigzagging around the city. Failure to do this will only result in wasted time, money and unnecessary stress.
Greig Masson, Mobilisation Co-ordinator, Orca Oceanic Systems
You could say I’ve had a varied career from my first Saturday job as a junior Hairdresser and Barber, through Goods In at Subsea 7 and iTech, Materials Control at FMC, Logistic Co-ordinator at Technip and then over to commercial and business development roles at Mermaid Subsea and then OOS. The one role I keep getting pulled back towards over the years is logistics co-ordination, in particular mobilisation and demobilisations of subsea construction vessels, DSV’s ROVSV’s, Construction Vessels etc. So when the call came in that a long-time client had moved up their latest ROV IRM scope for a major North Sea operator which clashed with an existing OOS mobilisation leaving us short of one Logistic Co-ordinator, it was time for me to dust off my boiler suit, hard hat and earn my 'quayside hero' tag again.
If you’re attending events, don’t just sit back and expect the work to come to you. If you do this, you will find yourself waiting a long time! Leads are there to be chased and unless you are putting in the ground work they are fair game. Don’t let opportunities slip from your grasp due to your complacency. Make every introduction and every conversation count because it could be the one that closes the deal for you. All of the leads on the DQ Intel platform are early ones, allowing you the time to make yourself known with the company. If you don’t get a reply first time, take matters into your own hands and head down to the office. Catch the person at an event or in a coffee shop and have something different to say rather than the typical regurgitated sales chat. As the old saying goes, “Fortune favours the brave.” Take action, make plans, be persistent. Nothing in life is easy and if it were, I’m sure it wouldn’t be half as desirable.
In the days building up to mobilisation, there is a lot of prep work to be carried out, mobilisation plans to be generated and then updated continuously. Project containers packed and readied for shipment and mobilisation, welding teams organised, shore-side rigging teams confirmed and company-specific training schemes completed for all third party personnel and finally uploading all the documentation and final deck plan to the OOS Mobilisation Manager®.
Day of the Mobilisation With Clipper Quay at Aberdeen Harbour booked and the vessel steaming towards Aberdeen I’m on countdown and after relaying the latest
DAY IN THE LIFE news to the team via Mob Manager, it’s off to bed for a 05:00 start with the vessel due in at the outer breakwater at 06:00. 04:30 alarm and time to get up and down to the harbour to start preparing for her arrival, quick check on OOS Mobilisation Manager® for any updates during the night and marine traffic to confirm the vessel location and predicted arrival in port, it’s still 06:00 everything is on schedule so time to get quayside. On my way down to the harbour I call the Harbour Board and agent to kick everyone off and on arrival, it’s a quick sweep of the quay to make sure everything has arrived, hire equipment, project equipment etc. A quick update including a weather forecast and it’s time for the vessel to come alongside and we can get started. 06:25 and the vessel has come alongside, is all tied up, gangway deployed and security in place. Time vessel inductions and mobilisation kick-off meeting. At this point it’s time to meet everyone who we will be working with over the next 48 hour period. Vessel crew, Offshore Construction Manager (OCM), Deck Crew, Crane Drivers and Welding Foreman. It’s good to see some of the old faces from my Technip and SS7 days, as well as meeting the rest of the team. We run through the mobilisation plan along with client and operator presentations and it’s off to work. First port of call is to mark out the back deck with the client Project Engineer. Whilst this is going on the last of the trucks have arrived and have been co-ordinated in the same sequence as they will be offloaded onto the back deck.
Time to start with the crane ops
mobilising 550t reels, mid-water arches and lay systems. Nothing as exciting this time, as all lifts will be carried out by the vessel crane and shoreside forklift. Once our shoreside rigging team get going with the Crane Driver, we quickly start to populate the back deck with the OOS Mobilisation Manager ® being updated quickly as the equipment moves from 'arrived at quayside' to on 'on back deck'. Next step is securing the equipment and containers to the deck and the welding team are cracking on, we are ahead of schedule and its 21 ‘C with clear skies.
Lunch break Lunchtime and myself and the rest of the OOS crew have been invited to have lunch onboard. It’s a Norwegian flagged vessel so we know we are in for a good meal and most importantly some good coffee as we are not even halfway yet. 13:00 we’re back at it. I’ve had to pull forward the arrival of the electrical team as we are making such good progress, commissioning and integration of the ROV spread with their arrival and another major milestone is reached.
15:00 Everything is going well we’ve nearly completed all the major lifts with just some subsea baskets and a reeler left. I’m on the quayside checking the baskets rigging certification and I notice we have a potential trespasser trying to gain access to the vessel without reporting to the security cabin. First time I’ve ever had to act as bouncer for a fox trying to board a vessel!
This has always been one of the highlights for me. Some people like cars, trains or trucks, for me it’s always been cranes and the bigger the lift the better. I’ve been lucky to be involved in complex and heavy lifts in my time as a Co-ordinator, utilising some of the largest cranes in the UK and Middle East such as a Demag PC6800 – Lattice Boom Pedestal Crane
However, since our unexpected visitor is without ID and appropriate PPE he’s ushered out of harms way and it's back to finalising the last 2 lifts and countdown to shift handover.
17:00 My back to back has arrived and I start the handover. I’ve talked a bit about the OOS Mobilisation Manager ® but shift handovers is where it becomes invaluable to a Co-ordinator. All relevant information from the last 12 hours is present along with the mobilisation’s current status, along with all relevant documentation and contacts. We complete our handover and it’s one last sweep of the quayside before I head home. 'Quayside Hero' status intact.
22:45 A quick check of the live DPR and my back to back has had an extremely urgent last minute request from our client, 6 toilet brushes need to be bought and taken down to the boat before it sails at 06:00! 20 minutes and 2 phone calls later we’ve sourced and purchased the brushes and my back to back is on his way to pick them up from our supplier. Disaster averted with the boat sailing at 05:30 saving a second shift for myself as well as saving our client 12 hours in port. Job done and back to the day job.
WORLD PROJECTS MAP
“The start-up of Mariner, the first Equinor-operated oil field on the UKCS, establishes our foothold in the UK and reinforces our commitment to be a long-term energy partner,” says Hedda Felin, senior vice president for UK and Ireland Offshore in Equinor. The Mariner reservoirs have up to 3 billion barrels of oil in place, a 50% increase on what was originally assumed, and the estimated recovery rate has already been increased by 20 percent. Mariner is expected to produce annual average plateau rates of around 55,000 barrels of oil per day and up to 70,000 barrels of oil per day at peak production. “By gathering and interpreting new seismic data we have improved our understanding of the reservoirs. This has resulted in fewer and better placed wells and increased resources since the project was sanctioned in 2012. With the significant volumes in place, we see clear potential to further increase the oil recovery from the Mariner field and will proactively seek opportunities to do so through the application of new technology, additional drilling and future tie back opportunities,” says Anders Opedal, executive vice president for Technology, Projects and Drilling in Equinor. Mariner is one of the largest industrial projects in the UK in recent years. A gross investment of more than $7.7 billion, the development will support more than 700 long term jobs and generate significant revenue in the supply chain for decades to come. Contracts worth more than $1.3 billion have been awarded to UK suppliers since the project started. “With the start-up of Mariner, we have delivered one of the most complex developments in the North Sea and Equinor’s portfolio. We will continue to apply digital solutions and new technology to deliver safe and efficient operations and optimise production,” says Opedal.
Source: Rystad Energy
Equinor and partners are proud to announce first oil from the Mariner field in the UK North Sea today. The field is expected to produce more than 300 million barrels of oil over the next 30 years.
NORWAY- Mariner on stream
BRAZIL - FPSO market is booming with Brazil fueling demand
GUYANA - Eco Atlantic Oil & Gas share price doubles on major oil discovery offshore Guyana
The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance with as many as 24 FPSO awards expected by 2020, driven to a great degree by Brazil.
Eco Atlantic Oil & Gas Ltd has announced a major new oil discovery in the Orinduik block offshore Guyana.
South America leads the pack with 12 sanctioned FPSO projects planned by the end of next year, followed by Asia with four, Europe and Africa with three each, and two more in Australia, according to Rystad Energy. Brazil – currently witnessing an influx of international E&P companies – is set to award seven more FPSO awards in 2020, thereby bringing the country’s tally to more than one-third of the awards anticipated globally in 2019 and 2020.
The explorer told investors that the Jethro-1 well has encountered a high-quality oil-bearing sandstone reservoir with 55 metres (180.5 feet) of net pay. It is a significant and transformational discovery for Eco not least because it proves that the very large and prolific oil system present in Exxon’s nextdoor discoveries continue into the Orinduik area. Eco shares rocketed more than 100% higher in Monday's early deals, rising 74p per share to trade at 139p.
The seven projects already confirmed this year collectively represent production capacities of over 700,000 barrels per day of oil and around 60 million cubic meters per day of gas.
Jethro-1 will now await further evaluation, to determine the next steps for appraisal, and, the Stena Forth drillship will be deployed immediately to its next target, Joe-1.
“The ongoing upswing in newly sanctioned FPSO projects points to a brighter future for the FPSO market. Offshore operators are finding their footing again after the downturn of 2014, as a robust rise in free cash flow has fueled a significant uptick in deepwater investments,” says Audun Martinsen, head of oilfield services research at Rystad Energy.
Eco owns a 15% in the project and via farm-out deals its share of exploration costs are covered by partners. Orinduik is also 60% owned by Tullow Oil and 25% owned by Total.
The FPSO boom in South America is mainly the result of large investments in deepwater exploration and field development. Another important factor has been Brazil’s recent relaxation of local content regulations, which has attracted new international players to the table.
Exxon has made thirteen consecutive discoveries in the adjacent Stabroek block, together comprising a multi-billion barrel project. The most advanced discovery is Liza which is due to start producing for Exxon in 2020. Gil Holman, Eco chief executive, added: "We are thrilled to report this exceptionally exciting discovery. “This is a revolutionary moment for Eco."
WORLD PROJECTS MAP
Source: Oilfield Technology
MEXICO - Pemex commits $10 billion to onshore and offshore field development
NORWAY - Wintershall commences production drilling on the Dvalin Field in Norway
Pemex received approval from Mexico’s National Hydrocarbon Commission (CNH) for a $10-billion, 25-year investment commitment to develop onshore and offshore exploration opportunities.
Wintershall Dea has begun drilling four production wells on the Dvalin gas field in the Norwegian Sea, getting ready for the start of production in 2020.
Pemex will develop 22 new offshore fields in 2019, 18 of which are in shallow Gulf of Mexico waters. Onshore, the commission’s approval extends to the Ixachi field, Pemex’s most significant land discovery of the past 25 years.
Drilling of the production wells from the Transocean Arctic rig is expected to last approximately one year and follows an intense summer of activity around the Wintershall Dea operated Dvalin development.
Under the plan, Pemex is to invest $330 million for development and extraction operations in its 1,121 km2 Octli field. This project, the tenth development plan approved by the CNH, includes drilling and completion of five additional development wells to be drilled in 2019 and 2020.
Since April there has been high activity at the Dvalin field with installation of pipe-lines and the manifold at 400 m water depth. In August, a 3500t processing module was completed and lifted on to the nearby Heidrun platform in preparation for receiving gas from the Dvalin field. The field is located 259 km north of Kristiansund in mid Norway. “A summer of activity topped off with the start of drilling on the key Dvalin project is a potent sign of the belief we have in Norway, and the resources we are prepared to invest to reach our ambitions. The Dvalin team has worked tirelessly from day one to deliver a smooth, timely, and most of all safe project to date”, said Hugo Dijkgraaf, Wintershall Dea Chief Technology Officer.
Upon completion of the Octli development, Pemex will add 232,000 bopd and 790 MMcfg to its annual production tally, equaling 13% of current oil and 16% of current gas production rates. Neither Chevron nor division spokesman Don Drysdale commented on the criticism.
Dvalin is being developed as a subsea field tied back to Heidrun, which lies some 15 km to the northwest. The four wells will be drilled to a depth of around 4500 m.
USA - Jethro-1 Oil Discovery
The Jethro-1 was drilled by the Stena Forth drillship to a Total Depth of 4,400m metres in approximately 1,350 metres of water. Evaluation of logging data confirms that Jethro-1 is the first discovery on the Orinduik licence and comprises high quality oil bearing sandstone reservoirs of Lower Tertiary age. The well encountered 55m of net oil pay which supports a recoverable oil resource estimate which exceeds Tullow’s pre-drill forecast. Tullow will now evaluate the data from the Jethro discovery and determine appropriate appraisal activity. This discovery significantly de-risks other Tertiary age prospects on the Orinduik licence, including the shallower Upper Tertiary Joe prospect which will commence drilling later this month following the conclusion of operations at the Jethro-1 well. The non-operated Carapa 1 well will be drilled, later this year, on the adjacent Kanuku licence to test the Cretaceous oil play. Tullow Guyana B.V. is the operator of the Orinduik block with a 60% stake. Total E&P Guyana B.V. holds 25% with the remaining 15% being held by Eco(Atlantic) Guyana Inc.discovery earlier this year should save time and reduce cost."
Tullow Oil announces the results of its Jethro-1 exploration well, drilled on the Orinduik licence offshore Guyana by its wholly owned subsidiary Tullow Guyana B.V.
QATAR - Seadrill venture in $656 million Qatar rig contract
The design philosophy for the wells has focused strongly on HSEQ, in line with the whole Dvalin project to date. The drilling team aims to maintain the project record of having no serious incidents.
8 Source: urdupoint.com
The Octli field has recoverable reserves of 31.3 MMboe and 39.76 Bcfg in lower Pliocene and upper Miocene strata.
Seadrill and Gulf Drilling International (GDI) have formed a jointly owned rig firm to conduct exploration on behalf of Qatar Petroleum from 2020 to 2024, Seadrill said late on Thursday. GulfDrill, a 50-50 joint venture between Seadrill and GDI, will initially operate five so-called jackup rigs on a $656 million contract with Qatar Petroleum. It did not say where the exploration would take place. The state-owned energy firm also has the option to order further drilling with an additional contract value of up to $700 million. The GulfDrill venture will charter two of its rigs from Oslo- and New York-listed Seadrill and three more from an unnamed shipyard. “We are excited to establish a significant presence in an important jackup market and to partner with GDI,” Seadrill Chief Executive Anton Dibowitz said in a statement.
IRAQ - Eni / BP deal doesn't mean Exxon is excluded from southern mega-project Iraq's oil ministry said that it was still in talks with U.S. energy giant ExxonMobil over a major deal to improve the country's southern oil infrastructure. A deal with Britain's BP and Italy's Eni was over the building of two seabed oil pipelines for Iraq's southern exports through the Gulf, and was not part of the $53 billion 30-year southern mega-project, the ministry said. The lack of an agreement with Exxon so far did not mean negotiations were over or that Exxon has been excluded from the project, it said in a statement.
Register your CV at www.oilandgasvisionjobs.com
Well-Safe Solutions Awards two multi-million pound contracts to be refurbish the Well-Safe Guardian. Well-Safe Solutions has today announced the award of two multi-million-pound contracts to continue the transformation of the Well-Safe Guardian, the decommissioning company’s first asset, into a bespoke plug and abandonment unit.
Global Energy Group, who have been supporting Well-Safe with marine operations and quayside services since April this year have secured the contract to support the upgrades and life extension works at the Port of Nigg.
Global Energy Group and Rigfit7seas have been appointed to deliver the ambitious refurbishment of the semi-submersible drilling rig.
Stuart Paterson, Managing Director for Global Energy Group, Access & Coatings commented: “We are thrilled to have been awarded this contract to bring the flagship semi-submersible up to standard. We expect to have in the region of 80 personnel engaged on various work scopes until the end of the year. Working in partnership with Well-Safe, Global Energy Group will provide fully encapsulated scaffold access, blast and paint services along with the provision of rope access personnel, mobile cranes, plant and labour, workboats and onsite facilities for the duration of the rigs yard stay at our Nigg Energy Park facility.”
Global Energy Group will provide quayside services and the paintwork scope while Rigfit7seas will provide accommodation upgrade services. Well-Safe is progressing in a timely manner with the refurbishment work on the asset which it acquired earlier this summer. As part of the upgrade, Well-Safe will be installing a dive system and the capability to deploy a SIL (subsea intervention lubricator). Phil Milton, Chief Executive Officer of WellSafe Solutions, said: “The award of these contracts, within the timeframes we committed to, will ensure that this bespoke plug and abandonment asset will be available to the industry in 2020.”
Brian Knowles, Group Managing Director, Rigfit7seas said: “We are delighted that Well-Safe has chosen Rigfit7Seas to carry out this sizeable scope on their flagship project. As the leading contractor in the market for accommodation upgrade services, this award will see Rigfit7Seas execute another project destined for operation in the North Sea. The project award further enhances our already extensive offering in the international marketplace and, at peak, will secure around 50 jobs across our engineering and construction teams for approximately 100 days, starting immediately.” Launched in August 2017 with the vision to become a ‘Tier One’ wells decommissioning company, Aberdeen-based Well-Safe Solutions boasts over 500 wells worth of experience among its staff and, with the Well-Safe Guardian, is firmly on track to deliver a complete P&A solution to its clients. Mr Milton added: “We believe we are now a key part of helping the industry achieve its 35% decommissioning cost reduction target. Joint well plug and abandonment campaigns, using our club approach will not only be more cost efficient, but also help build UK supply chain expertise in decommissioning.” Research has indicated there are over 33,000 wells worldwide to be decommissioned over the next twenty years. Well-Safe’s long-term goal is to export their model and advance from the UK into this global marketplace.
to stay up to date with the latest industry jobs
M&R subsidiary wins $620m project in the US It said Clough USA had secured a limited notice to proceed and should receive the full notice to proceed by October. $4bn Snowy hydroelectric package The contract award follows M&R reporting in January this year that Clough, in a joint venture with Italian company Salini Impregilo, had been selected as the preferred tenderer for the estimated $4 billion civil works packages for the Snowy 2.0 hydroelectric power project in Australia. The strategy of Murray & Roberts (M&R) to geographically expand the activities of its Australian-based oil and gas engineering and construction subsidiary Clough is now bearing significant fruit. M&R announced that Clough USA had been awarded a $620 million petrochemical engi-
neering, procurement and construction (EPC) project in the United States. The group said this multi-year project signified Clough USA’s first major contract award and underlined the successful establishment of Clough in North America.
Both these contracts are expected to significantly grow M&R’s group order book. Henry Laas, the group chief executive of M&R, said in February last year the US was the market where the group saw the best potential for project opportunities for its oil and gas business.
Halliburton wins drilling services contract for SNE deepwater project in Senegal Halliburton has received nine conditional contracts from Woodside Energy (Senegal) for drilling and completion services for phase 1 of the SNE field development project in Senegalese waters.
“In addition to our services, Halliburton will invest in Senegal through constructing facilities, hiring local staff and potentially utilising local vendors/suppliers.”
The contracts have been awarded for drilling, logging, cementing, lower completions, e-line/slick line, coiled tubing and well testing services.
Halliburton plans to commence initial engineering work in Perth, Australia, later this year, and then will transfer to Dakar, Senegal next year.
Drilling campaign at SNE field offshore Senegal to commence in late 2020
The latest contract follows an earlier conditional contract awarded to Halliburton in 2018 for drilling and completion fluids services.
Halliburton said that the drilling campaign is scheduled to commence in late 2020 or early 2021. It involves drilling and completing 18 wells with up to eight optional wells over an estimated 3-4 year term. Halliburton Eurasia, Europe and Sub-Sahara Africa region senior vice-president Shannon Slocum said: “We are excited to win this work and to provide services from our multiple product service lines on what is likely to be the first deepwater oil development in Senegal.
SNE deepwater oil field is located in the Rufisque, Sangomar and Sangomar Deep Blocks within the Senegalese portion of the Mauritania-Senegal-Guinea Bissau Basin. Claimed to be one of the world’s largest oilfields discovered in the last decade, the field is jointly owned by Crain Energy (40%), Woodside Energy (35%), FAR (15%) and PETROSEN (10%). Woodside Energy is the project operator.
First oil from the project is scheduled to flow in 2022 while the first phase of the project is expected to have a production capacity of around 100,000 barrels of oil per day (bopd). Recently, Halliburton has won an integrated services contract from Petrobras for pre-salt development in the Santos Basin. Under the two-year and six-month contract, Halliburton will provide drilling and completion services to drive greater efficiency by applying pre-salt expertise and integrating multiple product offerings and technologies.
Peterson expands partnership with Chrysaor with new contract extension International energy logistics provider Peterson has been awarded a new contract with Chrysaor to grow its current integrated logistics services agreement. The 18-month contract extension, with options for three further one-year extensions, will see Peterson support Chrysaor across all its North Sea assets and includes warehousing, transport and marine services, as well as the recently added provision of eight Offshore Materials Controllers (OMC) for the production platforms Armada, North Everest and Lomond.
This extension builds on a successful partnership developed over the past 18 months when Peterson started supporting Chrysaor’s logistics requirements. The work will be serviced from Peterson’s bases in Altens and Edzell and is expected to see around 50,000 tonnes of cargo moving through Torry Marine Base. To support this contract, Peterson has welcomed nine additional employees, reflecting the company’s ongoing commitment to investing in its people, ensure it continues to exceed client expectations and drive innovative solutions throughout the energy supply chain.
Register your CV at www.oilandgasvisionjobs.com
Bechtel and CCS JV led surge in global oil & gas contracts value to US$42bn in Q2 2019 The global oil and gas industry’s total contract value reached US$42bn in Q2 2019, a massive 79% increase on Q1’s value of US$23.4bn according to GlobalData, a leading data and analytics company. Pritam, Oil & Gas Analyst at GlobalData, says: “This rise occurred despite there being a slight decline in the number of contracts from 1,453 in Q1 to 1,283 in Q2, 2019. GlobalData’s latest report: ‘Q2 2019 Global Oil & Gas Industry Contracts Review’, reveals that the upstream sector constituted 71% of the total contracts awarded, with 858 contracts. The midstream and downstream/petrochemical sector recorded 245 and 100 contracts, respectively. The increase in contract value was largely driven by engineering, procurement and construction (EPC) contracts in the midstream sector such as Bechtel’s $9.57bn agreement with NextDecade for the Rio Grande liquefied natural gas (LNG) project in Texas and Saipem, McDermott International and Chiyoda – CCS JV’s $8bn contract with Anadarko Petroleum for the development of an onshore LNG park in Mozambique. Operation and Maintenance (O&M) represented 60% of the total contracts in Q2 2019, followed by contracts with multiple scopes, such as construction, design and engineering, installation, O&M, and procurement, which accounted for 12%.
Europe constituted 37% of total contracts in Q2, with a total of 471, followed by North America, which accounted for 33% with 421.
Stork Awarded Onshore and Offshore Evergreen Contract for Centrica’s UK Assets assets. Fluor booked the undisclosed contract value in the second quarter of 2019.
Fluor Corporation announced that Stork, part of Fluor’s Diversified Services segment, was awarded a contract extension by Centrica Storage Limited to continue providing fabric maintenance and associated services for the company’s UK onshore and offshore oil and gas
“Stork is extremely pleased to deepen our longterm relationship with Centrica in the UK by providing services to extend the life and efficiency of its assets in the northeast of England,” said Taco de Haan, Stork’s president. “Stork’s multidisciplined team will provide a single point of interface for Centrica to provide greater efficiencies and a stronger integrated partnership that together will establish leading performance in safety, excellence, teamwork, operations and project value.” Centrica Storage Limited produces and processes gas from the Rough Gas Field in the Southern North Sea, 18 miles off the East Yorkshire coast on behalf of Centrica plc, an international energy and services company.
The contract extension took effect in June 2019 and sees Stork secure its first evergreen contract in the UK that will automatically renew each year with an annual review of performance. Stork’s scope of work to ensure the reliability of assets includes specialist access systems including scaffolding, integrity engineering, non-destructive testing, bolting services, advanced online desanding as well as surface preparation and coatings. The assets included in the contract are Easington Gas Terminal, East Yorkshire and offshore platforms in the Rough Gas Field, which is located in the Southern North Sea. Stork has been providing maintenance services at Centrica’s UK on a fixed term contract since 2009.
OPEX Group secures North Sea contract for digital services An Aberdeen-based provider of predictive analysis services has secured a new multi-million-pound contract with CNOOC Petroleum Europe Limited, a wholly-owned subsidiary of CNOOC Limited, for digital services across the company’s UKCS assets. The three-year contract, with extension options, will see OPEX Group roll out its X-PAS™ predictive analysis service on the Buzzard, Golden Eagle and Scott platforms, supporting operations across all topside oil, gas, wa-
ter and power systems. OPEX has delivered digital services for CNOOC Petroleum Europe Limited for the past seven years through its previous contract with the company. The X-PAS™ service has been developed by OPEX to support oil and gas operators improve the predictability of offshore operations. Combining oil and gas and data science expertise with a range of predictive technologies, the service helps operators to maximise the value of operational data.
to stay up to date with the latest industry jobs
ON THE MOVE
MOVE The landscape of today’s North Sea is almost unrecognizable from the composition which prevailed a decade ago. Whilst some evolution is to be expected, it’s fair to say that the market has undergone a tectonic shift in recent years, with the presence of traditional big oil dramatically marginalized. ConocoPhillips, Marathon, Nexen, Chevron and Total have all divested North Sea interests as they move to inject capital in less mature plays with rapid growth prospects. After over 50 years in the basin, the enduring ExxonMobil are also rumored to also be considering a sale of assets which could amount to $2 billion. This has opened the flood gates for new players to pick up the slack and opportunistically break into the market. The proof of their appetite is in the flurry of activity which has ensued in the last 10 years; 170 companies have entered the North Sea, spending over $29 billion in deals. Private equity has been a
Sean Buchan Managing Partner - EMEA at Ducatus Partners
driving force in this, with 23 private equity backed newcomers spending a collective $11 billion on acquisitions. Since 2016, these investments have taken center stage with Chrysaor, Verus and Siccar Point all making headlines with high-profile deal activity.
wells drilled in the next two years, in part incentivized by the reduction in finding costs from $9 to $1 per barrel. As well as this activity injecting optimism to the North Sea, new entrants have also brought a fresh perspective on priority and strategy; adopting a much more nimble and fast paced approach to business than that of majors. The profile and leadership style which executives require to successfully navigate these organizations through this era of change has also shifted, sparking a very targeted and competitive search for talent who possess a proven track record in a dynamic high growth and hands on environment.
This has shifted the needle of the North Sea’s dynamic substantially; a recent study by Westwood Global Energy Group reports that new entrants now control 46% of production, 36% of reserves and 64% of potentially commercial volumes yet to be developed. New development opportunities and technological innovation coupled with increased confidence in oil price are enticing firms to invest. Whilst some later life assets are accompanied with the looming liability of decommissioning, fields such as the Golden Eagle are expected to produce into 2030. Exploration is also making a comeback since dropping to a low last year. New entrants are pitched to account for 70% of
Out with the old and in with the new has certainly been a key theme for the North Sea and with no shortage of divestments, buyers and leadership shakeups, this should make for a very interesting horizon for the sector.
EnLink Midstream’ Barry Davis Returns to CEO Role EnLink Midstream has announced that Barry Davis, the company’s Executive Chairman, will reassume the role of Chief Executive Officer in addition to continuing to serve as Chairman. Current Chief Executive Michael Garberding will be departing the company to pursue other opportunities. Barry previously served as Chief Executive Officer of EnLink and its predecessor company Crosstex Energy, which he founded in 1996. Davis has been instrumental in driving EnLink’s vision and growth, which under his leadership has grown into a Fortune 500 company with over $7 billion of revenues.
Jim Mathieu Darroch Kharfan
New Chief Technology Officer for WFS Subsea Internet of Things firm WFS Technologies has appointed former Honeywell executive Jim Darroch as Chief Technology Officer. The company’s technology monitors hard-to-access installations such as oil and gas rigs and Jim will be tasked with overseeing new products and expanding its product engineering team. Jim brings experience in leading engineering teams and the development of Internet of Things product strategies, most recently delivering an Intelligent IoT Edge ecosystem in Honeywell’s Connected Enterprise organization. He previously spent 13 years at Artesyn (formerly Emerson) where he became senior director and vice president of engineering.
Energy Institute Branch Appoints First Female Chair Rebecca Allison
The Energy Institute’s branch for Aberdeen, Highlands and Islands has appointed its first ever woman Chairperson. Rebecca Allison, part of the Oil and Gas Technology Centre’s leadership team, takes over the role from Laurie Mackay. Prior to her current role as Asset Integrity Solution Centre Manager, Rebecca held senior engineering roles with Lloyds Register and Aker Solutions.
Two New Directors for Nucore Group Nucore Group has announced the appointment of two new directors to the business; Chief Financial Officer for Nucore Group and Services Director for Oteac. Mark Fraser transitioned from Chief Financial Officer to Chief Executive Officer earlier this year and Gareth Forbes has now been appointed as the new Chief Financial Officer for Nucore
Group. Gareth has a proven record within the oil and gas and marine sectors. Mark Cowieson joins as Services Director for Oteac; a new role on the board of directors. With a strong Engineering background, Mark joins from Archer and brings a wealth of experience in both rig and operations Management roles with over 29 years in the oil and gas industry.
Mark Fraser, Mark Cowieson and Gareth Forbes
ON THE MOVE Duguid, who will assume the role of Deputy Chairman for a six month period. The move is part of a planned strategic transition put in place following the acquisition of EnerMech in December 2018 by global investment firm, The Carlyle Group.
Kevin Langan Appointed as Senior Manager Eastern Hemisphere at Nabors Nabors, the international drilling contractor, have appointed Kevin Langan to the business as Senior Manager Eastern Hemisphere. Kevin joins from OilSERV where he was most recently the Vice President Sales and Contracts, covering the Middle East and North Africa. Prior to this, Kevin held senior commercial roles with OilSERV based in the UAE and Iraq. Kevin has also held senior positions with Ulterra and NOV.
Olivier Le Peuch
John Mathieu GuyKharfan
EnerMech Announces John Guy as Chief Executive Officer EnerMech, the provider of specialist services to the energy and infrastructure sectors, announced that John Guy has been appointed as CEO, succeeding company founder Doug
WellConnection Expands Senior Team WellConnection, the leading Norwegian inspection, maintenance and repair services company, has expanded its senior team with four appointments across its Board and management team. Bjørn Angeltveit has been appointed as Commercial Director to drive further business development for the group across Europe. With 25 years' experience in drilling within the oil and gas sector, Bjørn has held numerous positions in management, sales and business development working in Asia, Aberdeen and Stavanger, latterly as Vice President of Business Development at COSL Drilling Europe. He is a former Chief Executive Officer of the global Independent Oil Tools Group and held various management positions in global liquid handling company, Odfjell Drilling. In addition, Jim Geddie, owner of Aberdeenbased Apex Tubulars Ltd joins the Board as NonExecutive Director. Jim has more than 35 years'
John joined EnerMech in 2010 as Asia Pacific Regional Director based in Singapore, where he oversaw the rapid expansion of the services portfolio in the region, before he was appointed Chief Operations Officer in 2013. An oil and gas industry veteran, John Guy started his career in the United Kingdom, working on some of the largest topside and FPSO projects in the 1990s. He was later based in Azerbaijan and more recently has increased EnerMech’s presence in the Caspian, Middle East and Australasia. experience in the oil and gas industry, 28 of these as a company director and owner of a variety of successful businesses. In 2014, Jim launched Independent Oilfield Services, which was acquired by WellConnection in February 2019. Bjørn and Jim join Jørgen Arnesen and Per Kristian Nagell, who were appointed as non-executive directors to the WellConnection Board earlier this year. Jørgen is Chief Executive Officer of Norway-based Deepwell and has worked in the global oil and gas industry for 26 years. He has previously held several senior management positions internationally and in Norway including Deputy Managing Director for Stena Drilling in Aberdeen, Vice President of Operations for Awilco Offshore in Norway and Chief Executive Officer of COSL Drilling. Per Kristian has 25 years' senior management experience in the oil and gas industry and is currently a partner in Norwegian leadership development company, Raadvil Ledelse. He was previously Chief Executive Officer of Norwegian hazardous-waste handling company SAR and has held a variety of Board positions as a Director and Chairman.
New Chairman and Chief Executive Officer for Schlumberger Schlumberger announced the appointment of Olivier Le Peuch as its Chief Executive Officer. Olivier succeeds Paal Kibsgaard, who will retire as Chief Executive Officer this month.
James JamesHarris Harris
ROVOP Appoints David Lamont as CEO
In his 32 years with Schlumberger, Olivier has held a variety of global management positions, including Executive Vice President Reservoir and Infrastructure, President of the Cameron product lines, President of Schlumberger Completions and Vice President of Engineering, Manufacturing and Sustaining.
ROVOP, the subsea robotics company, have announced that David Lamont will assume the position of Chief Executive Officer with immediate effect. David, who currently serves as the Chairman at ROVOP, has over 30 years’ experience in the energy services sector and was most recently Chief Executive Officer at Proserv.
In other board changes at the company, Mark Papa, a current director, will assume the role of Chairman. Mark is credited with helping to give birth to the US shale boom a decade ago by building Enron castoff EOG Resources into one of the nation’s biggest explorers.
Steven Gray is stepping down from the Chief Executive Officer role, after eight years leading the company. Steven was one of the founders of ROVOP in 2011 taking the business from startup to be a major player in the subsea robotics field, with over 50 ROVs.
Pacific Drilling names James Harris as Chief Financial Officer Pacific Drilling announced that their board has appointed James Harris to serve as the Company’s Senior Vice President and Chief Financial Officer. James has more than 30 years of experience in the energy industry in a variety of financial leadership, strategic and business planning roles. He most recently served as Executive Vice President, Drilling and Subsea for Forum Energy Technologies, having previously served Forum as Chief Financial Officer for 12 years.
P ATHFINDER - UKCS Status Report Decommissioning Projects OPERATOR
FIELD Don Miller Rough Ettrick/Blackbird Ninian CMS Caister CM MacCulloch Murdoch Hudson Schooner Renee / Rubie Little Dotty Hewett Dawn Big Dotty Minke Juliet East Brae Brae Bravo Inde North (Under Construction) Welland Leman Thames Indefatigable (Under Construction) Glamis Caledonia Huntington Balmoral Rita & Hunter Buchan (Under Construction) Beatrice Fulmar (Under Construction) Various Brent Atlantic and Cromarty Curlew Goldeneye Markham Ann & Alison Annabel Audrey Trees York Eider Tern
BP EXPLORATION BP EXPLORATION CENTRICA STORAGE HOLDINGS CNOOC LIMITED CNR INTERNATIONAL CONOCOPHILLIPS CONOCOPHILLIPS CONOCOPHILLIPS CONOCOPHILLIPS DANA PETROLEUM E&P DNO NORTH SEA ENDEAVOUR ENERGY ENI UK LIMITED ENI UK LIMITED ENI UK LIMITED ENI UK LIMITED MARATHON OIL UK LIMITED MARATHON OIL UK LIMITED NEPTUNE E&P NEPTUNE E&P PERENCO OIL & GAS PERENCO OIL & GAS PERENCO OIL & GAS PERENCO OIL & GAS PERENCO OIL & GAS PREMIER OIL PLC PREMIER OIL PLC PREMIER OIL PLC PREMIER OIL PLC PREMIER OIL PLC REPSOL SINOPEC RESOURCES REPSOL SINOPEC RESOURCES REPSOL SINOPEC RESOURCES ROYAL DUTCH SHELL ROYAL DUTCH SHELL ROYAL DUTCH SHELL ROYAL DUTCH SHELL ROYAL DUTCH SHELL SPIRIT ENERGY SPIRIT ENERGY SPIRIT ENERGY SPIRIT ENERGY SPIRIT ENERGY SPIRIT ENERGY TAQA EUROPA B.V TAQA EUROPA B.V TAQA EUROPA B.V TAQA EUROPA B.V
Cormorant Alpha North Cormorant
UKCS Status Report OGV Energy’s UKCS status report provides direct content from the Oil and Gas Authority’s Project Pathﬁnder, ensuring our readers have access to a real-time view of oil and gas projects and the decommissioning programmes on the UK Continental Shelf (UKCS).
For additional project summaries, locations and contact details, follow the link www.oilandgasvisionjobs.com/project-pathﬁnder
Date Generated: 09-AUG-2019 09:20:04
Current Projects OPERATOR
ALPHA PETROLEUM UK HOLDINGS
APACHE CORPORATION BP EXPLORATION
Storr Clair Ridge (Under Construction)
Vorlich (Under Construction)
Alligin (Under Construction)
BP EXPLORATION BP EXPLORATION
DANA PETROLEUM E&P ENQUEST PLC
Thistle (Under Construction)
FAIRFIELD ENERGY LIMITED HIBISCUS PETROLEUM
Skye Marigold & Sunflower
PERENCO OIL & GAS
ROYAL DUTCH SHELL ROYAL DUTCH SHELL
Penguin Area Fram
EQUINOR ASA FAIRFIELD ENERGY LIMITED
HURRICANE ENERGY ITHACA ENERGY INC.
Lancaster (Under Construction) Cook (Under Construction)
PARKMEAD GROUP PLC
PING PETROLEUM LIMITED ROYAL DUTCH SHELL
ROYAL DUTCH SHELL
SICCAR POINT ENERGY
Gannet D Pipeline Replacement Project Columbus Cambo
SICCAR POINT ENERGY
ROYAL DUTCH SHELL SERICA ENERGY
SICCAR POINT ENERGY
Grove (Under Construction)
TAQA EUROPA B.V
Morrone (Under Construction)
TOTAL UPSTREAM UK LIMITED
TOTAL UPSTREAM UK LIMITED
WHALSAY ENERGY WINTERSHALL B.V.
Discovery Projects FIELD
BP EXPLORATION CNOOC LIMITED ENQUEST PLC EQUINOR ASA EQUINOR ASA EQUINOR ASA EQUINOR ASA EQUINOR ASA HURRICANE ENERGY PHARIS ENERGY LTD
Clair South Blackhorse Eagle Rosebank Peik Frigg Mariner East Bressay Lincoln, Warwick (Under Construction) Pilot
EVENTS 2019 - 2020 SEPTEMBER OGUK Aberdeen Breakfast Briefing 4th - Aberdeen, UK
IADC Advanced Rig Technology 2019 Conference & Exhibition 22nd-23rd - Amsterdam, Netherlands
Offshore Europe Conference & Exhibition 3rd-6th - Aberdeen, UK
SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition 29th-31st - Bali, Indonesia
European Geoscientists and Engineers Conference 8th-12th - Palermo, Italy
OTC Brazil 2019 29th-31st - Rio de Janeiro, Brazil
Gastech Exhibition and Conference 17th-19th - Houston, USA
NOVEMBER Africa Oil Week 4th-8th - Cape Town, South Africa
Argentina Oil and Gas Expo 23rd-26th - Buenos Aires, Argentina
ADIPEC 11th-14th - Abu Dhabi, UAE
ICE Coastal Management 24th-26th - La Rochelle, France
Asia Offshore Energy Conference 25th-27th - Jimbaran, Indonesia
World Energy Capital Assembly 2nd-3rd - London, UK
SPE ATCE 30th-2nd (Oct) - Calgary, Canada
O&G Supply Chain & Procurement Summit 3rd-4th - Houston, USA
7th Frankfurt Gas Forum 11th-12th - Frankfurt, Germany
Kazakhstan International Oil & Gas Exhibition & Conference 30th Sep -2nd - Almaty, Kazakhstan OilComm Conference & Exposition 2nd-3rd - Houston, USA Oil & Gas Thailand 9th-11th - Bangkok, Thailand Global Oil & Gas Fiscal Systems Course 10th-11th - London, United Kingdom Automa 14th-15th - Zurich, Switzerland
FEBRUARY SPE Hydraulic Fracturing Technology Conference & Exhibition 5th-7th - The Woodlands, Texas Nigeria International Petroleum Summit 9th-12th - Abuja, Nigeria International Petroleum Week (IPW) 25th-27th - London, UK MARCH The 6th CWC China LNG & Gas International Summit & Exhibition 4th-6th - Shanghai, China Australasian Oil & Gas Exhibition & Conference 11th-13th - Perth, Australia 3rd CWC Japan LNG & Gas Summit 24th-25th - Tokyo, Japan The 11th International Petroleum & Natural Gas Summit 27th-28th - Beijing, China
JANUARY International Petroleum Technology Conference (IPTC 2020) 13th-15th - Dhahran, Saudi Arabia National Biodiesel Conference & Expo 20th-23rd - Tampa, USA Oil & Gas IoT Summit 22nd-23rd - Lisbon, Portugal Industrial Market Outlook & Networking Event 23rd - Houston, USA Energy
APRIL International Conference For Oil, Gas & Energy Industry Conference 01st-03rd - Lahore, Pakistan LDC Gas Forums SouthEast 06th-08th - Atlanta, USA Atyrau Oil & Gas 08th-10th - Atyrau, Kazakhstan International Mining & Oil Expo 08th-10th - Ulaanbaatar, Mongolia
For more information about all events visit www.ogvenergy.co.uk
EVENTS SPONSORED BY
SERVICE SAVINGS SOLUTIONS
For all enquiries visit www.traveleads.co.uk or contact Sally Cassidy on m. 07715 079 723 email@example.com
th As wi gs h t in most fe, in li on arati prep ey is k
LEGAL & FINANCE Rod Hutchison, partner, Ledingham Chalmers
IS YOUR BUSINESS OFFSHORE EUROPE-READY?
Contracting Businesses should consider putting in place their own standard contracting terms. Even where they’re not able to be imposed on a customer or supplier, they’re a useful tool for identifying how much additional risk the business might be exposing itself to.
No doubt we’ll hear the words 'cautious optimism' on stands, in the conference hall and in the aisles at Offshore Europe. And, by and large, it seems warranted. For one, Oil and Gas UK’s Business Outlook 2019 says total production was up 20% since 2014, and more new projects were approved in 2018 than in the previous three years combined. And what does such an improving landscape mean for businesses’ aspirations? Many oil and gas companies will be looking for investment for expansion; others will want to attract suitors to facilitate an exit for the current owners; and others will be on the acquisition trail. Whatever your end game, it’s at events like Offshore Europe where the importance of having your business in its best shape is thrown into sharp relief: ensuring you can protect your interests, stand apart from the competition and tap into the considerable opportunities out there.
Business MOT advisories Whether you’re buying, selling, recruiting or looking to attract investment — ensuring you have a consistent approach in these areas in place could prove decisive.
BRENT vs WTI 1 YEAR
IP protection Have you protected your intellectual property? for example, have you secured trademarks for names and logos? Could you apply for patents for new technology and/or seek to formalise protection of design rights? It’s worth ensuring too you don’t inadvertently license IP or give it away unintentionally in the midst of contract negotiations, particularly where the customer insists on its own standard form contract being used. Make sure these contracts are thoroughly reviewed and consider using non-disclosure agreements in the early stages of negotiation, particularly before granting customers access to confidential information, or any underlying IP.
Employees Exploring innovative ways to incentivise employees above and beyond salary or bonuses can be a powerful way to attract, motivate and retain the best talent. For example, many companies have found that enabling employees to participate in share options can be beneficial.
WTI 1 MONTH
Strategic, specialist legal advice for the oil and gas industry ledinghamchalmers.com
On the other side of the coin, it’s worth taking legal advice to minimise the prospect of non-compete restrictions for valuable team members being found to be unenforceable.
It is also worth considering contracting overseas other than through a UK parent company, generally this can be achieved by setting up a local branch or subsidiary. This may be a requirement in some places, in others it can provide an additional layer of protection for UK based assets in the event of a dispute.
Personal assets While many businesses will be incorporated, further consideration should be given to protecting personal assets as it is not uncommon for business owners to be asked to provide personal guarantees for a company’s obligations. And finally, when it comes to general business responsibilities, there are immediate steps Directors can take to ensure compliance with evolving legal obligations such as GDPR, bribery and corruption, HSE and employment law. As with most things in life, preparation is key. Having the right approach, structures and procedures in place before you even pick up — or print off — your Offshore Europe badge will help ensure you’re in your best shape to make the most of the opportunities the event affords, with minimal risk, whatever your aspirations. Written by Rod Hutchison, Partner, Ledingham Chalmers.
BRENT 1 MONTH
AFC Women set for celebration of inaugural season Late last year Aberdeen FC announced the launch of a Senior Women’s team for the first time in its history building on a longstanding affiliation with AFC Ladies. Since then a dynamic management team has been appointed, the core of the existing squad has been retained and a number of exciting new talents have signed-up. Led by Harley Hamdani and former Scotland International, Emma Hunter, who both work for AFC’s partner charity, Aberdeen FC Community Trust, the team has been propelled to the top of the SWFL Division One North. With just a few matches of the season remaining it is hoped that the squad will achieve promotion to the second tier as part of the ambition to be competing at the summit of the game within a few years. That ambition will be aided by the opening of a new £12 million state-of-the-art Community Hub, Professional Training Campus and Youth Academy later this year, enhancing the existing high-performance environment that exists, with supporting sports science and medical infrastructure.
Later this year there will be another first for the club with the AFC Women Player of the Year Awards Lunch set to take place on Friday 27th September at the Sandman Hotel.
Undoubtedly the initial success has been driven by the new relationship and commitment from AFC but the huge strides that are being taken would not have been possible without the backing of headline sponsor, Bosaklis.
Shelley Kerr, who led the nation to our first World Cup in over 20 years as Scotland National Team Manager will also be on hand to talk about that experience and present the awards.
After such a promising start to the season it is hoped that there will be plenty to celebrate at this inaugural event, which will be sponsored by Boskalis. The event will be hosted by BT Sports and Premier Sports presenter Emma Dodds, with entertainment from Scottish singer, columnist, television presenter, radio DJ and actress, Michelle McManus.
A limited number of tables remain available for the event and are available to book now priced at £750 +VAT for a table of 10, individual places are also available for £75 +VAT.
Aligned with Boskalis, the aim is not only to produce a winning team but also to develop more girls and women in football, encouraging those with a passion to play professionally, whilst also making football as diverse and inclusive as possible.
The package includes a drink on arrival, a 3-course meal with a half bottle of wine per person and the AFC Women first team squad and management team in attendance. To book your place and support the growth of women’s football in the North-East e-mail firstname.lastname@example.org or call 01224 650434
Saving Rig Time • Reducing Risk • Cutting Wait on Cement time by 90% • Proven positive environmental impact • Extending your weather window by >400%
Find out more at www.deltatekglobal.com
OGV Energy, UK's Leading Energy Sector Publication