DORIS launches engineering and project management office in Guyana

DORIS is pleased to announce the expansion of its international footprint with the establishment of its presence in Guyana. DORIS Guyana Inc will provide Engineering and Project Management Services to energy projects in Guyana, while contributing to the social economic progress of the country by developing and using local resources in its support of Guyana meeting its energy goals.

DORIS is a leader in the provision of engineering, advisory, and project management services to the energy industry. With almost 60 years of experience, DORIS supports clients around the globe and is committed to making conventional energies cleaner and renewable and new energies possible. This change is enabled through the delivery of reliable, environmentally integral, and innovative projects.

DORIS supports the oil, gas and LNG industries by improving carbon footprints, reducing costs, optimising performance, and improving safety. Across decades of experience, the company has achieved over 100 world firsts.

Amarinth wins another order from Iraq Gates Contracting Company

Amarinth, a world-leading, net-zero designer and manufacturer of low lifecycle cost centrifugal pumps and associated equipment, primarily for the offshore and onshore oil and gas industries; nuclear and renewable energy generation; defence; desalination; process and industrial markets, has won another order from Iraq Gates Contracting Company (IGCC).

This further order for Amarinth from IGCC is for two bespoke API 610 12th Edition VS4 vertical pumps with Plan 53B seal support systems. The 3.5m long flare drain pumps are destined for the Rumaila oil field, a super-giant oil field located 50km to the west of the city of Basra, southern Iraq.

The Rumaila field, managed by the Rumaila Operating Organisation, is estimated to contain 17 billion barrels, the largest oil field ever discovered in Iraq and considered the third largest oil field in the world.

Equinor acquires Suncor Energy UK

Equinor UK Limited has signed an agreement to acquire Suncor Energy UK Limited for a total consideration of $850 million.

The transaction includes a non-operated interest in the producing Buzzard oil field (29.89%), an additional operated interest in the Rosebank development (40%) and Suncor employees based in the UK who work with these assets.

Equinor has been a reliable, broad energy partner to the UK for almost 40 years, developing domestic energy resources, generating low-carbon electricity, and supplying the equivalent of 29% of the UK’s total natural gas demand in 2022. Equinor is looking to further support the UK economy by investing billions in crucial energy infrastructure, including offshore wind, carbon capture and storage, hydrogen and power, plus oil and gas.

The transaction will add approximately 15,000 barrels of oil equivalent per day equity share in 2023 and create synergies with Equinor’s existing operations.

The latest company and industry related developments from the oil and gas world

Shell completes acquisition of renewable natural gas producer Nature Energy

Shell Petroleum NV, a wholly owned subsidiary of Shell plc (Shell), has completed the acquisition of 100% of the shares of Nature Energy Biogas A/S (Nature Energy).

By purchasing the shares in Nature Energy, Shell has acquired the largest producer of renewable natural gas (RNG) in Europe, its portfolio of operating plants, associated feedstock supply and infrastructure, its pipeline of growth projects and its in-house expertise in the design, construction and operation of innovative and differentiated RNG plant technology.

This acquisition supports Shell’s ambitions to build an integrated RNG value chain at global scale and to profitably grow its low-carbon offerings to customers across multiple sectors.

Nature Energy is a cash generative business, and the acquisition is expected to be accretive to Shell’s earnings from completion and to deliver double digit returns. Nature Energy will operate as a wholly owned subsidiary of Shell, initially under its existing brand.

Welltec A/S acquires Autentik AS to expand intervention service offering

Welltec

A/S, a market leader in completion and intervention within the energy industry, has announced the acquisition of Autentik AS, a niche technology provider specialising in electric wireline fishing and interventions.

The acquisition represents a move by Welltec to expand its downhole intervention capabilities and is in line with the company’s vision to be number one provider of hi-tech, innovative products and services.

With the Wellgrab™ ERFT rated to 100,000lbs tensile load, it matches perfectly with Welltec’s 100,000lbs Well Stroker® tool. This combination enables operators to remotely and repeatedly ‘latch’ and engage with a downhole fish and sustain a pull force of up to 100,000lbs. It is this sustained application of force that provides the ability to free a stuck downhole fish and enables recovery.

Oilfield Helping Hands celebrates 20 years of providing aid to oilfield families

Oilfield Helping Hands (OHH), a nonprofit organisation helping oilfield families in financial crisis due to no fault of their own, is celebrating 20 years of providing support to industry families.

Since 2003, OHH has given $5.9 million to more than 1,000 industry workers and their families. What began as a small fundraising effort for a family facing unforeseen medical expenses, has grown into a national organisation.

OHH now includes five active chapters within the US oilfield community, including upstream downstream one voice

Appalachia (Eastern Ohio, Northern West Virginia and Pennsylvania), Haynesville (East Texas and northwest Louisiana), Permian Basin (West Texas and eastern New Mexico), Rocky Mountain (Colorado, Utah, and Wyoming) and its flagship location in Houston.

OHH is led by volunteers and is supported by corporate sponsorships as well as funds raised from multiple events throughout the year. To learn more about supporting OHH, please visit: oilfieldhelpinghands.org.