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TAQA Awards Schlumberger EPCIC Contract for Otter Field

Scope of contract includes longest subsea multiphase boosting tieback in the UK North Sea

OneSubsea, a Schlumberger company, has just announced the award of an engineering, procurement, construction, installation and commissioning (EPCIC) contract for a subsea multiphase boosting system by TAQA for the Otter field in the UK North Sea.

2017 08 07 103555OneSubsea multiphase pump module ensures optimal operation of the subsea system with high reliability and high availability.Through the EPCIC contract, OneSubsea and its Subsea Integration Alliance partner, Subsea 7, will supply and install a subsea multiphase boosting system including topside and subsea controls, as well as associated life-of-field services. The project will result in a 30-km subsea tieback to the TAQA-operated North Cormorant platform. This will be the longest subsea multiphase boosting tieback in the UK North Sea.

“This fit-for-purpose subsea boosting system will improve TAQA’s ultimate recovery from an existing asset, through a capital-efficient long tieback,” said Mike Garding, president, OneSubsea, Schlumberger. “We look forward to working with TAQA to maximize the full value of the Otter field.”

OneSubsea and Subsea 7 will deliver a turnkey integrated project from design through supply, installation and commissioning.

About Schlumberger

Schlumberger is the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. Working in more than 85 countries and employing approximately 100,000 people who represent over 140 nationalities, Schlumberger supplies the industry's most comprehensive range of products and services, from exploration through production, and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance.

Schlumberger Limited has principal offices in Paris, Houston, London and The Hague, and reported revenues of $27.81 billion in 2016. For more information, visit www.slb.com.

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Sparrows Group and SPIE seal first joint cranes contract in the Congo for Total

Sparrows Group and SPIE Oil & Gas Services have secured their first joint delivery project, which is in West Africa, after Total E&P Congo awarded the partners the crane maintenance contract on the Moho Nord development.

2017 08 07 101527The scope of the agreement covers maintenance, inspection and testing services on five pedestal cranes on the development’s Likouf Floating Production Unit (FPU) and Tension Leg Platform (TLP) over three years.

Commencing in quarter three 2017, the project will be managed locally by SPIE, with expert specialist technical personnel delivered by Sparrows.

In August last year, Sparrows and SPIE announced they had agreed a partnership with an initial view to developing a collective service offering throughout Africa before expanding the scope globally.

Stewart Mitchell, chief executive officer at Sparrows, said: “We have operated successfully in West Africa for several years however this is the first significant contract we have secured in the Congo. Being able to grow our footprint into new areas was key in us choosing to partner with SPIE to deliver a service that provides clients with the highest standards in crane operations and maintenance.”

The contract involves the review of existing plans before the firms take on full maintenance responsibility. This includes inspection and testing of all cranes, with corrective maintenance and spare parts supplied where required.

The cranes supplied for the Moho Nord development TLP were manufactured by Sparrows at their US manufacturing facility.

Richard Masson, general manager at SPIE Oil & Gas Services said: “Our partnership with Sparrows enables us to provide the highest standards in safety and operational reliability on all crane operations and maintenance work. Being able to partner with a world-class specialist service company provides demonstrable benefits to operators in maximising the operations and working life of their assets.”

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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OGIC surpasses 40th project milestone for innovation and technology projects within oil and gas sector

Following the signing of three new projects, The Oil and Gas Innovation Centre (OGIC) has reached its 40th project target ahead of schedule, with a total investment of over £1.3m in funding for collaborative projects with oil and gas companies and academic expertise in Scottish universities.

2017 08 03 104521From small scale developers to major contractors, OGIC has helped to facilitate collaborative projects with a total of 41 organisations within the oil and gas sector. To date, OGIC’s work has helped to drive research and development capabilities for new, game-changing technology and products that are aiming to provide real solutions for complex business challenges in the industry.

The signing of a collaborative project with Varel UK Limited and the University of Aberdeen marked the 40th milestone for OGIC. The Resonance Enhanced Drilling (RED) project will see the design and development of a new drill bit for the oil and gas market, which addresses the unique challenges of drilling in RED mode. 

Jason Marchant, Varel UK District Manager North Sea, said: “There is a need to develop a new faster, cheaper way of drilling new offshore frontier fields that contain sections with chert or fractured granite/ conglomerates.

“The current methods with fixed cutter bits usually lead to uncontrolled energy distribution in these rock types leading to multiple and slow bit runs, or risks of roller cone bit bearing failures and lost time fishing cones.

“Together with OGIC and the University of Aberdeen, we’ve been examining a new concept that will ultimately result in the creation of a new hybrid drill bit with duel cutting mechanisms that will help overcome the challenges and result in a much more efficient and economical drilling process.”

This 40th project milestone was quickly surpassed when OGIC confirmed a research partnership between GLINCS and Heriot-Watt University to develop innovative Time Resolved Fluorescence (TRF) technology for scale inhibitors, which are deployed into production wells.

The TRF technology in this new project will address current industry challenges relating to sampling and testing, which is typically a labour intensive, high-cost and time intensive process.

The new TRF technology will enable sampling and testing to be deployed offshore in real time. This will provide a more cost-effective and efficient solution, and will also allow for increased analyses and a greater source of data for a better understanding of the real-time anti-scale deposition treatment requirements.

Arthur Marais, CEO of GLINCS, commented on the project: “Scale inhibitors have been extensively used in oil and gas recovery to prevent scale deposition, but our TRF method represents a break from existing analysis technologies. Not only can it be used to detect concentrations at sub part-per-million values, but it can also be used for multi-detection of different chemistries, and, more importantly, it is suitable for offshore application.

“The collaborative project with OGIC and Heriot-Watt University will enable us to conduct essential comparative experiments to qualify the TRF technique for scale inhibitor analysis. This will be a valuable contribution to our early stage research and development process, and we look forward to furthering the project later this year.”

The part-funding across all projects to date has resulted in more than £1.3m worth of funding being injected into collaborative projects for innovation and technology driven solution for the oil and gas sector. Additional private sector funding for these projects brings the total projects value to £2.4m.

Ian Phillips, chief executive of OGIC, said: “It is a significant achievement to have reached this milestone, and to do this ahead of schedule. To date we have part-funded and facilitated over 40 collaborations between oil and gas companies and relevant Scottish universities.

“By matching these companies with the appropriate academic partners and co-funding projects, OGIC is helping to accelerate innovation to address the oil and gas industry’s exploration, production and decommissioning challenges. We continue to work closely with the sector and Scottish universities to identify and support new opportunities for projects, and we look forward to signing our next project.”

OGIC is an innovation support organisation that helps companies to access the research and development capability within Scotland’s university community. OGIC’s work directly contributes to the twin goals of maximising economic recovery from the UK continental shelf and supporting the development of the supply chain through bringing new products and services to the UK and international markets.

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Aquaterra signs investment deal with EV

Aquaterra Energy, a leading global offshore engineering solutions provider, has secured a multi-million pound investment from EV Private Equity as the company gears up for service expansion and new technology launches.

The deal is the first to be agreed following EV’s pledge last year to invest $200 million in North Sea businesses with new technologies and high growth potential. The independent private equity firm confirmed it was seeking to invest between $10 million to $40 million in each company.

Aquaterra, which has operations in Aberdeen, Norwich and Cairo provides riser systems, offshore structures and rental equipment to the global oil and gas industry. The company recently designed, fabricated and installed a new Sea Swift platform for PICO Petroleum Integrated Services, the lead contractor for the Amal field in the Gulf of Suez, offshore Egypt. In another multi-million pound contract, Aquaterra is supplying high pressure riser equipment for a subsea abandonment project in the central North Sea.

2017 08 07 100907Aquaterra Energy recently designed, fabricated and installed a new Sea Swift platform for PICO Petroleum Integrated Services, offshore Egypt

Aquaterra is also seeing growing interest from operators in its specialist ‘WellStart’ service, which minimises third party interfaces in early stage well construction, providing the expertise to overcome the technical and economic challenges in setting out the first phase of the well.

George Morrison, managing director of Aquaterra Energy said: “We have a robust plan for service and product expansion including a strong focus on our WellStart capability and the investment will help us to fuel the growth of the business. EV’s support to the existing management is a vote of confidence in the hard work of the team and the success that has been achieved during what has been a challenging period for the industry.

“We have exciting opportunities for ongoing investment in new technologies and will be looking to maximise value from our innovative field development solutions including Sea Swift, WellStart and riser analysis. We look forward to working together with EV to continue to deliver the high quality, high value products and services needed by our customers in the improving oil and gas environment.”

Greg Herrera, Senior Partner at EV, commented: “EV is excited to partner with Aquaterra and to have the opportunity to work with the company’s talented management team and employees. We believe this will be an excellent platform for both organic and acquisition based growth opportunities.”

Tomas Hvamb, Investment Director at EV, added: “We believe that the company’s core offering, providing net lower cost solutions, resonates in today’s capital constrained market and furthermore that there may be excellent synergies to be realized with other companies in the EV portfolio.”

Aquaterra has appointed Alan Wilson as Chairman. Mr Wilson is a Chartered Engineer with 33 years’ experience in the oil and gas industry. Added to his extensive experience in senior executive roles in the industry, he has also served as Chairman and non-Executive Director of other private equity-backed and privately owned companies within the oil and gas sector. He said: "Aquaterra Energy has achieved impressive growth and success in the international oil and gas market by providing world-class products and services and I'm delighted to join the board at such an exciting phase of the company's development."

The company has also appointed its co-founder Mark Boyd and the former CEO of Expro, Gavin Prise, as non-Executive Directors.

As part of the deal a re-finance package has been agreed with HSBC. Keith Robertson, Associate Director, Leveraged Finance Scotland, commented: “HSBC welcomes this opportunity to support the next phase of development for this innovative and internationally focussed oilfield services company, which is well positioned to capitalise on current market dynamics. We look forward to working together with Aquaterra’s highly regarded management team and sector specialist investors EV Private Equity over the years to come.”

Aquaterra Energy

Aquaterra Energy designs and delivers offshore engineering solutions for the global oil and gas industry.

The company has bases in Aberdeen, Cairo and Norwich, servicing customers in over 35 countries. Business streams include: riser systems; offshore structures and rental equipment.

From bespoke design and analysis to detailed engineering, procurement, fabrication and installation, Aquaterra Energy brings a fresh approach to industry challenges to support clients with quality, efficient solutions.

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M2 Subsea verified by Achilles FPAL Verify network

M2 Subsea, the global independent provider of ROV services’ has had its ability to deliver high quality services to the oil, gas and renewables sectors verified by Achilles FPAL.

2017 07 28 093910The Aberdeen-based company, which launched in 2016, was audited under the Achillies programme. The extensive independent assessment determines an organisation’s capabilities across several areas including QHSE, competence and training.

Achillies FPAL, one of the world’s largest service providers of global supply chain risk management, works on behalf of more than 860 buying organisations to collect, validate and maintain essential data about more than 133,000 suppliers. This allows organisations to gain visibility of their suppliers’ capabilities and compliance before making important sourcing decisions. With one standardised approach, organisations can raise standards consistently, and easily connect with credible and qualified suppliers worldwide. 

Mike Arnold, chief executive officer of M2 Subsea, commented: “Our commitment to quality and safety is always of the highest importance, so it’s great to see our efforts recognised by Achillies. These acknowledgments are a huge testament to the quality of work our teams have already delivered and our continued efforts for improvement.”

Malcolm Wilson, Director of Achilles FPAL, said: “By participating in the FPAL Verify Audit programme, M2 Subsea has demonstrated a clear commitment to meet the high QHSE, competence and training standards that this industry correctly demands.

“The Achilles FPAL Verify programme includes an important and mandatory commitment to continuous improvement which meets the demanding requirements of this industry. This will help put the company in the best possible position to secure a pipeline of work opportunities from major oil and gas buyers”.

The verification comes just one month after M2  Subsea was awarded two internationally recognised ISO certifications, 14001: 2015, 9001: 2015 and OHSAS 18001: 2007, for its quality management systems, both to the latest 2015 standards.