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THREE60 ENERGY awarded DNO Duty Holder contract

THREE60 ENERGY, the global energy services group, has won a multi-million pound contract to deliver Duty Holder services for DNO’s two assets in the UKCS.

Walter ThainWalter ThainThe contract will see THREE60 ENERGY provide operations and maintenance services as well as engineering, procurement, construction and decommissioning support activities for DNO.

THREE60 ENERGY has secured this contract as a direct result of a competitive tender process and the contract will run for an initial three-year period and includes extension options.

Commenting on the award, CEO of THREE60 ENERGY, Walter Thain, said: “We are delighted to have been selected by DNO to provide this Duty Holder service for its two UK assets. This is a strategic milestone for us as its our first Duty Holder appointment in the UKCS. It’s great to see our leadership experience and our passion for safe differentiated delivery, both in ongoing operations and future decommissioning, being recognised by an agile and growing E&P company. 

DNO is a hugely important customer to us, both in the UK and Norway, and it’s great to see our collaborative business model given further recognition across our common geographies.”  

Since its inception, THREE60 ENERGY has built a global service offering that supports the whole asset life cycle. Its services include subsurface, well delivery, engineering, construction and commissioning and operations management. The company has established a sound-track record, and its team of over 350 multi-disciplined technical experts now serve the world’s major oilfield operators.  

About THREE60 ENERGY – 

The THREE60 ENERGY group consists of 5 main service lines;

Subsurface 

Its subsurface service line is a leading provider in Asia, Australia and across Europe, delivering over 250 projects within 10 years working with over 100 customers made up of the world’s oil operators. 

The team has also developed its own subsurface digital technology, Poseidon. This pioneering Locate the Remaining oil (LTRO) software reduces the time taken to crunch complex reservoir data from approximately six months to just six weeks, and effectively locates remaining moveable oil in place in mature fields. More recently the team has developed its own production engineering digital technology, Titan. This intuitive user-friendly digital platform efficiently delivers the full scope of production engineering services, ultimately increasing production at lower costs.

Wells 

Its Wells service line was founded in 2011 and has since built a strong track record as the leading drilling and wells delivery experts in Norway. It is made up of 160 technical well experts with backgrounds in drilling, completion, well construction, project management and plugging and abandonment.

Engineering

Launched in 2013, its Engineering service delivers engineering studies and brownfield engineering services through world-leading technical expertise and technology. Our consultancy services cover subsea developments, topsides facilities and onshore reception terminals across the entire project lifecycle. It also offers a comprehensive, multi-discipline engineering and project management service, and repair order and minor brownfield modifications.

Construction & Commissioning

The Construction and Commissioning service line specialises in the provision of construction, mechanical completion and commissioning support services for the offshore and onshore oil and gas industry. It is focused on maximising safe and efficient delivery in both the North Sea and overseas.

It has established an excellent track record covering all aspects of topsides infrastructure construction and campaign delivery covering heavy-lift, accommodation flotels, rig mobilisation and walk-to-work vessel supported campaigns.

Operations Management 

The Operations Management services line was organically set up by ex-tier 1 operations service business leaders with the aim of creating a tier 2 operations service business. The company safely delivers to new entrants, independent E&P operators and late life asset owners having developed a track-record of executing O&M and duty holder contracts with innovative commercial delivery models. The company supports all elements of the asset life cycle through to decommissioning.

Find out more here: www.three60energy.com