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Burisma Group Puts Into Operation the Most Powerful Drilling Rig in Ukraine

Burisma Group , an international energy group with assets in Ukraine, purchased a US drilling rig SK 3000 with load capacity of 680 tonnes. The 3000 HP drilling rig, produced by Service King Manufacturing, Inc., was brought into operation in May 2017 at the well № 6 of the Vodyanovske field (Kharkiv region). Burisma Group is the first company to introduce such a powerful rig in Ukraine and Eastern Europe, able to drill 10 000 m deep wells. The SK 3000 was fully equipped in the US and adjusted to operate in Ukrainian conditions.

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The purchase price of SK 3000 was around UAH 1 bln and the relevant customs duties transferred by Burisma Group to the state budget amounted to UAH 200 mln. According to Burisma’s corporate “Billion Strategy”, in 2017, the Group intends to invest more than UAH 3 bln with an aim to further develop and enhance the effectiveness of hydrocarbons production.

“For the current year, Burisma Group set an ambitious goal – to drill 20 new wells. This will allow Burisma to increase domestic gas output and strengthen Ukraine’s energy security. Burisma provides the country with new technology and innovative oil & gas equipment. Such equipment is serviced by foreign specialists that share their valuable experience with Ukrainian gas producers”, noted CEO for Ukrainian Operations at Burisma Group Taras Burdeinyi.

Service King Manufacturing, Inc.  is one of the leading manufacturers of mobile drilling rigs in the US. The company owns 7 factories that produce the whole range of components for drilling equipment, including brake bands and pads, masts, draw-works and carriage parts. Service King holds the largest machine shop for maintenance and repair of drilling rigs in the US. Burisma Group is the exclusive representative of Service King Manufacturing, Inc. in Ukraine.

About Burisma Group

BURISMA GROUP is the largest independent natural gas producer in Ukraine. It is a vertically integrated holding company engaged in the exploration, production, service, and sale of hydrocarbons.  Burisma operates the largest modern rig fleet and hydraulic fracking fleet as well as seismic equipment in Ukraine and across the region. Founded in 2002, Burisma is a market leader with annual  natural gas production more than 1 BCM and over 30% market share. Burisma is striving to become an active market player across Europe, as well as worldwide, and to stand out by virtue of its values and experience. Burisma is seeking to strengthen its role in the field of global energy development, with an emphasis on exploiting new technology.

#EnergySecurityUkraine

For more information, please visit http://burisma.com/en/

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Matt Corbin joins Sparrows Group as director of European operations

Sparrows Group has strengthened its leadership team with the appointment of Matt Corbin as its regional operations director for the UK and Europe to support the company’s continued growth in the oil and gas, renewables and industrial sectors.

2017 09 18 133922Mr Corbin, who has more than 20 years’ experience working in the oil and gas industry, has held several leadership positions including UK managing director for the subsea division of Aker Solutions and UK regional general manger for GE Oil & Gas.

Most recently, he was supply chain consultant to the UK Government’s regulatory body, the Oil and Gas Authority (OGA) and contributed to Oil & Gas UK’s Efficiency Task Force. Mr Corbin, who has been a board member of industry body Subsea UK since 2014, has also been supporting Scottish Enterprise’s ‘Grey Matters’ programme in an advisory capacity.

Based in Aberdeen, Mr Corbin will lead the UK and European business operations for Sparrows. He will be responsible for maintaining its leading market share position in lifting operations and maintenance in the UK Continental Shelf (UKCS), while delivering further growth in sectors outside the oil and gas industry. 

Mr Corbin first entered the oil and gas arena in 1997 after gaining a Bachelor’s degree in mechanical engineering at Brunel University. He has since held a variety of high level positions in production, project engineering, account management and concept design.

Sparrows chief executive officer, Stewart Mitchell, commented: “Matt has enjoyed a very successful career to date with an enviable track record of successes at some of the world’s biggest oil and gas service companies. His work with organisations such as the OGA and Oil & Gas UK demonstrate how highly respected he is by his peers and throughout the sector for his breadth of experience, knowledge and leadership qualities.

“His appointment will help to drive our business forward and enhance the capabilities of the group across the region. We look forward to Matt working with us.”

Mr Corbin said: “Sparrows has an unrivalled reputation across the globe for its equipment, engineering services and its talented personnel who consistently deliver for its clients. These factors, coupled with the potential for increasing the business’ footprint with existing and emerging sectors, are what attracted me to this role.

“This is a great opportunity to be involved in some exciting projects and realise targeted growth while exploring new ways to deliver maximum value to customers.”

Sparrows Group is a global provider of specialist equipment and integrated engineering services to the energy and industrial industries. The company specialises in delivering structured and bespoke solutions in the safety critical areas of cranes, lifting, mechanical handling, cable and pipe lay, inspection and fluid power.

About Sparrows Group

The Sparrows Group is a global provider of specialist equipment and integrated engineering services to the energy and industrial industries. The firm supports customers by delivering a broad range of expert solutions that optimise efficiency and ensure the performance, reliability and safety of critical equipment and people.

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Ashtead Technology puts spotlight on latest subsea technology

Global subsea equipment specialist, Ashtead Technology, put the spotlight on the latest subsea technology on Sunday 17th Sept 2017 at its annual Technology Showcase event.

Hosted at the company’s purpose built facility in Westhill, Aberdeenshire, the event welcomed more than 140 industry peers to highlight the latest tools, products and services from leading subsea manufacturers.

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Ashtead welcomed representatives from world-leading manufacturers including iXblue, Kongsberg, Sonardyne and Teledyne Marine, who showcased their technologies and discussed how they are supporting the subsea industry in meeting the challenges of increasingly complex projects.

Allan Pirie, chief executive of Ashtead said: “Our Technology Showcase highlights the latest subsea solutions and brings together like-minded industry peers to discuss how we can work together to ensure underwater projects are as cost efficient as possible.”

Nick Lawrence, director of EdgeTech, commented: “It’s a great event to present the latest technology to a targeted audience. Those who attend were already very knowledgeable about our offerings, so we were able to speak on a very technical level and look at how we can support their operations going forward.”

Martin Turgeon, general manager of TSC added: “The Ashtead Technology Showcase is a fantastic event to connect with industry peers. It’s focused on specific subsea applications so it’s brilliant for companies like TSC to attend.”

Attendees also had the opportunity to tour Ashtead’s state-of-the-art calibration laboratory and learn about the company’s range of autonomous measurement solutions, UKAS calibration laboratory and value-added services.

Ashtead Technology recent announced it has signed a five-year global collaboration agreement with Technical Software Consultants Limited (TSC), part of Eddyfi Technologies, for its Alternating Current Field Measurement (ACFM®) instruments. The agreement will see Ashtead Technology combine TSC’s ACFM® equipment with its own rental fleet and manage all rental activity worldwide for the Amigo™ and U31™ subsea systems, as well as the latest PACE® instrumentation.

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Martek secures orders for up to 14 of worlds first LNG fuelled tankers

Hyundai heavy industries have chosen Martek Marine Ltd, UK to their EVOLUTION emissions monitoring systems on the world’s first LNG fuelled Aframax tankers that are being built for Russian shipping line Sovcomflot.

Martek Marine Limited are world leaders in on-board emissions monitoring systems with their third generation EVOLUTION system. The EVOLUTION system and its previous generations have been installed on over 260 ships worldwide and has been supplied to Hyundai for over 12 years. The system can be configured to any number of engines and multiple gases. The EVOLUTION monitor over 800 marine engines and have over 5 million operating hours of experience.  

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Steve Coulson, Director at Martek Marine, commented: “We are proud to be chosen for this prestigious contract and this re-affirms the market leadership of our EVOLUTION emissions monitoring system.”

The 114,000 DWT Ice-class IA Aframax tankers, measuring 250 meters in length, 44 meters in width and 21 meters in height, are scheduled to be delivered from the third quarter of 2018 and to be chartered to Shell.

The order for the four vessels is valued at US$240 million, and speaking about the order of the LNG-fuelled Aframax tankers, an HHI official added that the company intends to grab more orders for similar vessels.

To enable IMO Tier III compliance on liquid fuel operating mode, the contract also specifies the supply of low-pressure selective catalytic reduction (SCR) system. The EVOLUTION emissions monitoring system will then monitor the emissions and thus the efficacy of the SCR through analysis of NOx, SOx and CO2 using state-of-the-art, proven infra-red analysers.

“A strong growth in demand for the EVOLUTION system is forecast due to the development of this type of LNG fuelled vessel with an SCR fitted” added Steve Coulson.

Martek and its founders are pioneers in emissions monitoring testing their first emissions monitoring system on the BP tanker Matco Clyde back in 1995.  Martek Marine was formed in 2000 by Paul Luen, Mike Pringle and Steve Coulson to offer pioneering solutions to improve safety, performance & welfare on ships. Martek Marine is now a truly global business with 60 staff in the UK HQ and Singapore subsidiary with customers in over 80 countries. www.martek-marine.com

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Ashtead Technology signs five-year collaboration agreement with TSC (part of Eddyfi Technologies)

Global subsea equipment specialist, Ashtead Technology has signed a five-year global collaboration agreement with Technical Software Consultants Limited (TSC), part of Eddyfi Technologies, for its Alternating Current Field Measurement (ACFM®) instruments.

The agreement will see Ashtead Technology combine TSC’s ACFM® equipment rental fleet with its own rental fleet and will manage all rental activity worldwide for the Amigo™ and U31™ subsea systems, as well as the latest PACE® instrument.

Acquired by Eddyfi Technologies in May 2017, TSC has significantly contributed in shaping the landscape of electromagnetic testing technologies over the last 30 years.   The ACFM® technology is specified by owners and operators of safety-critical infrastructures worldwide and is accepted as one of the most reliable methods of detecting and sizing surface-breaking cracks in metallic components and welds.  ACFM® equipment can be utilised topside and underwater, up to depths of 2,000m and can be deployed remotely.

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Allan Pirie, chief executive of Ashtead said: “This is a significant agreement for Ashtead allowing us to expand our NDT service offering and broaden the availability of ACFM® across multiple markets.

“TSC has an outstanding reputation in quality assurance which is of the highest priority for our customers and we look forward to working closely with the Eddyfi team in the coming years as they develop this market leading technology further.”

Martin Thériault, Eddyfi president and CEO said: “Ashtead Technology already benefits from a global presence for subsea and topside rentals and has been strongly committed to ACFM® technology for more than 20 years. This deal will allow TSC and Eddyfi Technologies to refocus on technology and high-level engineering to help the industry benefit from ACFM® in a new way.”

Founded in 1985, Ashtead Technology is a world-leading, independent subsea equipment solutions specialist providing rental and sale of survey, ROV and NDT equipment, engineered measurement solutions, offshore personnel, training, calibration, repair and maintenance and asset management solutions.

Positioned at the forefront of technology and innovative problem solving, Ashtead strives to provide a one-stop-shop for cost effective solutions to maximise performance with high quality service and delivery.