Nalco Water, Ecolab’s water and process management business for industrial customers, has launched a new program for refineries, ethylene producers and chemical recyclers of plastic waste. The program offers an end-to-end suite of chemistries and field expertise that are unique to the downstream energy and chemical markets.

• Ecolab has introduced a holistic suite of offerings for ethylene producers and chemical recyclers of plastic waste that use and produce an alternate recycled plastic feedstock called pyrolysis oil.
• Ethylene producers are utilizing recycled plastic feedstocks to reduce fossil fuel use and advance sustainability strategies.
• The Ecolab program combines advanced chemistry with continuous solutions for production, processing, storage and transport of plastic feedstock to help existing production facilities protect assets and avoid significant capital expenditure required for retrofitting operations.

The world now produces more than 380 million tons of plastic each year, much of which continues to exist as pollutants, entering the natural environment and oceans. Companies, governments and citizens around the world increasingly recognize the challenges of single use plastics and are seeking to address them with a more “circular economy.” Advanced recyclers of plastic waste have begun to produce an alternate feedstock — pyrolysis oil — for ethylene producers and refiners. This alternative feedstock, which utilizes recycled plastic waste, can be difficult to process and transport, which creates new challenges within their operations.

To alleviate these challenges for both advanced recyclers and downstream processors, Nalco Water’s new program offers several solutions that make the production of pyrolysis oil easier while also helping with feedstock flowability and stability as it is transported, stored and processed.

“The Advanced Recycling for Plastics program offers strong value for ethylene producers that are using recycled plastic feedstock as a way to implement more sustainable solutions,” said Calvin Emanuel, VP, Strategy, Primary Resources Sector. “Human desire for more ecofriendly energy solutions is driving fundamental change in the marketplace, and Nalco Water can help support our customers along their transformational journey with the solutions in this new program.”

Nalco Water has already leveraged existing partnerships with major ethylene producers and advanced recyclers of plastic waste in North America and Europe. Early trials with the solutions have successfully enabled companies to process the recycled plastic feedstock, which has been shown to significantly reduce carbon emissions over other traditional feedstocks, such as petroleum naphtha.

A Suite of Solutions

The Nalco Water program is a holistic suite of offerings aimed at helping ethylene producers and refiners use existing infrastructure when processing pyrolysis oil. The solutions enable companies to preserve their existing equipment, which necessitates lower capital costs than retrofitting their operations for feedstock transportation. Additionally, the solutions that help with feedstock stability and flowability as it is stored and processed protect refining and chemical processing infrastructure from scaling and corrosion.

The program brings a tailored approach to the industry and includes:

• Chemical solutions to help with the production, storage and transportation of recycled plastic feedstock
• Consulting on program implementation, seasonal variabilities, asset protection and future scaling potential
• Continuous research and development to optimize operations

“This program offers several services and technologies that improve processes and overall operational reliability, but we are choosing to focus on the end results,” Emanuel said. “Ecolab is committed to help our customers along their net zero journey, and our concentration on the tangible results that advanced plastics recycling solutions bring to ethylene producers is a significant step forward towards their objectives.”

To learn more about how the program supports ethylene and advanced recycling plants, check out the video here or visit https://www.ecolab.com/nalco-water/about/industries-we-serve/chemical-processing/advanced-plastics-recycling

ABOUT ECOLAB

A trusted partner at nearly three million customer locations, Ecolab (ECL) is the global leader in water, hygiene and infection prevention solutions and services. With annual sales of $12 billion and more than 44,000 associates, Ecolab delivers comprehensive solutions, data-driven insights and personalized service to advance food safety, maintain clean and safe environments, optimize water and energy use, and improve operational efficiencies and sustainability for customers in the food, healthcare, hospitality and industrial markets in more than 170 countries around the world. www.ecolab.com

Metso Outotec is launching the Crossover™ feeder, which is a hybrid feeding solution suitable for a wide range of greenfield and brownfield applications. Thanks to its innovative modular belt-over-apron design, the Metso Outotec Crossover™ feeder delivers unmatched levels of availability and reliability for bulk material transportation at lower overall costs.

”We are very excited to announce the launch of the Crossover™ feeder. It was developed to provide a flexible and economical solution in a wide range of applications where belt and apron feeders are not the optimal fit,” says Brian Bookamyer, Director, Bulk Materials Handling at Metso Outotec.

The Crossover™ feeder design features a reduced height of up to 50% as compared to conventional feeding technology. This lower height requirement provides an opportunity for CAPEX savings by decreasing the excavation and civil works required. For retrofit applications, the reduced height profile allows the Crossover™ feeder economically replace existing feeders, including apron and/or belt feeders by lowering modification costs.

Metso Outotec Crossover feeder

Maximum productivity for any feeding application

The Crossover™ feeder complements Metso Outotec’s versatile feeding solutions portfolio, which also includes Apron feeders and Belt feeders, enabling Metso Outotec to provide our customers with the best feeding solutions to maximize performance and productivity. All Metso Outotec feeding solutions feature optimal design and dependable components to handle any duty in mining. Support through the comprehensive services network enables easy maintainability and minimal downtime.

The Metso Outotec Apron feeders are suitable for both light and heavy-duty applications and consist of a pre-engineered range that makes sizing and selection simple. They are best suited for feed to a primary gyratory or jaw crusher, primary gyratory discharge, secondary and tertiary stockpile reclaims, and railcar dumper discharge. The customizable Metso Outotec Belt feeders provide a reliable solution for material transport especially in large, high-capacity installations. The optimal applications range from light- to medium-duty for tertiary, reclaim and concentrate, and filter cake discharge, as well as railcar dumpers in lighter duty.

Metso Outotec also offers parts, refurbishments, and a wide range of specialized field services to help meet all maintenance, repair, training, installation, and refurbishment needs for both Metso Outotec and third-party feeders. In addition, the scalable Metso Outotec Life Cycle Services (LCS) can be tailored to cover single-event equipment shutdowns or to span over multiple years, measured against strict KPIs.

Discover more about the Metso Outotec Crossover™ feeder on our website.

Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. By improving our customers’ energy and water efficiency, increasing their productivity, and reducing environmental risks with our product and process expertise, we are the partner for positive change.

Metso Outotec is committed to limiting global warming to 1.5°C with Science Based Targets. We ranked 8th on the 2021 Global 100 list of the world’s most sustainable companies.

Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in more than 50 countries and its sales for 2020 were about EUR 3.9 billion. The company is listed on the Nasdaq Helsinki.

According to research by Information Technology Intelligence Consulting (ITIC), 98 per cent of organisations say a single hour of downtime costs around £75,000. While manufacturers understand that carrying out regular maintenance will reduce the risk of downtime, taking the time to properly design and install a system can increase equipment lifespan, particularly when working with thermal fluid systems. Here Clive Jones, managing director of thermal fluid supplier, Global Heat Transfer, explains how to optimise a new system.

The design of a thermal fluid system will impact how well the fluid performs once in use. Factors such as the positioning of the pipework, ventilation and installation steps will impact the lifespan of the system. Therefore, taking the time to develop the best system for the application is a worthwhile investment.

Design considerations

When designing a new heat transfer system, taking the time to get it right and carefully considering each component will prevent problems from occurring later down the line. Choosing the right equipment for the application, such as the pipework, valves and tank, is essential in producing a reliable, leak free and efficient system.

There are a variety of different types of thermal oil available, both synthetic and organic. Matching the fluid type and operating temperature to the system and application will preserve fluid life, reducing machine downtime later down the line. In some applications it may be necessary to adhere to industry specific guidelines, such as using food grade heat transfer oil for manufacturers in food, beverage and pharmaceutical processing.

Are you insured?

Not many operators are aware but talking to insurers before installation is an important step. They can advise on factors such as frequency of sampling, correct steps to take when sampling and what training they need. If a heat transfer system is not managed to the insurer’s stipulation, the industrial facility may not be covered at all.

Successful set up

Some components in the system only have a function during installation and must be removed before introducing thermal oil. A strainer, for example, is only required during installation to catch debris that enters the system during construction. Keeping the part in the system can lead to carbon build up, causing flow issues. System designers can consult on components to remove after installation.

Prior to introducing the heat transfer fluid, engineers must clean and flush the system to remove any contaminants. Cleaning and flushing fluid should be circulated in the system at 108-122 degrees Celsius. This temperature range is key because it activates the detergent additives in the cleaning fluid, allowing it to mix with suspended loose particles.

After cleaning, the system can be filled with heat transfer oil. Once the system is circulating at proper levels in an expansion tank, heat is applied in 15 degree increments until the transfer fluid reaches 105 degrees Celsius.

Water in the system can lead to contamination with larger particulate matter and iron, so it is important to remove any water during start up. This can be done by increasing the temperature to 115 degrees to boil off any water. Alternatively, Global Heat Transfer can temporarily install a Light Ends Removal Kit (LERK) to remove water more efficiently. Once all water is removed, the heat can be increased up to 125 degrees then upped in increments to 140 degrees.

Machine downtime costs the manufacturing industry tens of thousands of pounds per hour. A well-designed and properly set up thermal fluid system can work efficiently for longer periods of time, preventing system failure and reducing unnecessary costs.

The team at Global Heat Transfer can help to project manage your new heat transfer system, from the initial enquiry, to design, and installation. For more information contact Global Heat Transfer by calling +44 (0)1785 760 555 or visiting https://globalhtf.com/contact/.

About Global Heat Transfer: Global Heat Transfer is a thermal fluid specialist, providing heat transfer engineering assistance and thermal fluid supplies. Services offered include sampling and analysis, 24 hour delivery of premium quality thermal fluids, system drain down / cleaning / waste management, planned maintenance programs and a broad portfolio of affiliated system design and installation services. It is part of the Global Group of companies.

Kemira announces final completion of capacity expansion in water treatment chemicals production in the UK 

Global chemicals company Kemira announces the final completion of their production capacity expansion in the UK. From November 15th, the annual production of ferric based water treatment chemicals in Goole will be increased by more than 100.000 tons annually. Already in January 2021, Kemira increased product output of aluminum-based water treatment chemicals in Ellesmere Port by 30.000 tons.

“With the completion of the second investment phase Kemira has further strengthened its market position on the UK market. We are confident that this will also help to ease the immediate challenging supply situation of water chemicals into the UK water industry, says Craig Leishman, Senior Sales Manager UK, at Kemira.

Kemira produces in excess of 350,000 tons of water treatment chemicals annually in its four manufacturing sites in the United Kingdom: Ellesmere Port, Goole, Bradford and Teesport. These products are used at water treatment facilities to produce drinking water from natural surface waters. They remove particles, color, algae and harmful bacteria from the raw water in order to safely prepare it for the final disinfection. In sewage treatment plants water chemicals enable the elimination of excess nutrients in order to protect the natural water resources.

Kemira is a global leader in sustainable chemical solutions for water intensive industries. We provide best suited products and expertise to improve our customers’ product quality, process and resource efficiency. Our focus is on pulp & paper, water treatment and oil & gas. In 2020, Kemira had annual revenue of around EUR 2.4 billion and around 5,000 employees. Kemira shares are listed on the Nasdaq Helsinki Ltd. 
www.kemira.com

H2 Green, a Getech business, has signed a deal with Shoreham Port to develop a renewable energy hub that will remove emissions from its fleet of trucks and HGVs and be a catalyst for the wider region’s transport decarbonisation. 

The development will include the creation of a hydrogen hub integrated with onshore wind and solar power generation. 

With transport decarbonisation high on the agenda at COP26 last week, the development will provide 100% green hydrogen and renewable electricity to the Port’s fleet of heavy forklift trucks and HGVs in its first phase, with the ambition to supply hydrogen to fuel the 800 HGVs that enter the Port each day, reducing emissions and noise. 

The plans from the Edinburgh based infrastructure developer also include an ammonia importation facility, which would be used to carry hydrogen, connecting the Port to large scale green energy projects worldwide, which would deliver lower cost green fuel to benefit local users. 

Shoreham is a Trust Port with a 260-year history of delivering value to the local community. The innovations will help the Port to achieve its own net zero by 2030 ambition and decarbonise the South East England region. 

Tom Willis and Luke Johnson at Shoreham Port

Luke Johnson, managing director of H2 Green, a Getech business said: “We have worked closely with Shoreham Port to develop a bold vision for the Port that delivers significant emissions reductions to support its net zero goals and also benefits the Port’s customers, community and wider region economy.  

“Decarbonisation of the HGVs and forklift trucks entering and using the Port would save 45,000 tonnes of CO2 each year. As a trusted developer of hydrogen hub infrastructure, H2 Green is proud to be involved in this transformational integrated green energy development.” 

Shoreham Port is one of only two to achieve Port Environmental Review System (PERS) certified EcoPort status.  

Tom Willis, Chief Executive of Shoreham Port said: “We are delighted to have selected H2 Green to develop a green energy hub at Shoreham Port. The project has the potential to make a significant contribution to the net zero ambitions across South East England through the local generation of hydrogen from renewable energy.  

“The hydrogen production process is quiet, odourless and the clean fuel produced will reduce emissions across the region as transport operators convert large fleets to run on it. As a community organisation we intend to work with all our stakeholders to make this new stage of Shoreham Port’s development a success.” 

The green energy hub will drive regional growth in commercial transport hydrogen stimulating the development of local and global supply chains. 

Industries operating in and adjacent to the Port, including gas-fired power generation, timber, steel handling, and water treatment, are also potential customers for the hub’s hydrogen power. By-products such as oxygen can be used to treat local sewage in a clean and efficient way to prevent planned releases to sea. 

Following finalisation of engineering designs and receipt of planning approvals, the parties expect to move to a structured series of Final Investment Decisions in the second half of 2022. 

H2 Green is a developer and operator of green hydrogen hub infrastructure. Its mission is to develop a national network of hydrogen production, storage, and retail facilities, providing customers with a secure supply of low-cost green hydrogen. H2 Green’s data-led location analytics allows it to optimise the positioning of hubs and minimise capital costs by repurposing legacy infrastructure for a greener future. H2Green is a wholly owned subsidiary of the Getech Group.  

Getech (AIM: GTC) helps countries and companies to manage their natural resources and energy infrastructure to assist in the delivery of a successful energy transition to a net-zero economy. We use our extensive geoscience, geotechnical and geospatial technology, and skills to locate sustainable energy resources, de-risk and optimise their development and long-term economic production. Our focus is on scalable projects that can deliver meaningful impact across industries including oil and gas, mining of battery metals, geothermal, green & blue hydrogen, and smart cities.  

Shoreham Port is a thriving commercial Port on the south coast of England with excellent infrastructure and facilities. With a heritage that can be traced back to 1760 the Trust Port operates at the heart of the community with a purpose to improve the Port for everyone.  Shoreham Port offer a full range of services aligned to commercial shipping, fishing and leisure marinas, alongside an extensive property and storage portfolio. Certified as an EcoPort for the last 8 years, the Port is amongst the most sustainable in the UK. 

International technology group ANDRITZ has received an order from AMAG Rolling GmbH, a member of the Austrian company AMAG GROUP, to supply a new strip pickling line for its facility in Ranshofen.

The new strip pickling line #2, with planned annual production of 30,000 tons (gross), will go into operation in mid-2023.

ANDRITZ will supply the complete strip pickling line as well as a new, integrated wastewater treatment plant, including design, engineering, delivery, installation, start-up, and optimization of production.

An autonomous coil transport brings the coils to the line and then collects the coils produced. Metris Intelligent Coil, an innovative, digital solution developed by ANDRITZ Automation, logs all coil-specific production data and provides support in optimizing quality and productivity as well as in achieving and verifying sustainability goals (CO₂ footprint, consumption of resources).

AMAG Rolling and ANDRITZ: group photo at the contract signing ceremony © AMAG Rolling

The new equipment technology with a highly efficient spray pickling system is designed for both hot-rolled and cold-rolled strip in order to cover the broad product portfolio of AMAG Rolling. Special focus lies on careful production of bright products. The new strip pickling line allows fast product changes and hence, very flexible production planning.

The award of this order to ANDRITZ underlines the many years of successful collaboration between these two prestigious Austrian companies. Following several plant modernization and production expansion projects, this new strip pickling line with its special wastewater treatment plant is now the next step in this long-term business relationship.

ANDRITZ GROUP
International technology group ANDRITZ offers a broad portfolio of innovative plants, equipment, systems and services for the pulp and paper industry, the hydropower sector, the metals processing and forming industry, pumps, solid/liquid separation in the municipal and industrial sectors, as well as animal feed and biomass pelleting. Plants for power generation, flue gas cleaning, recycling, and the production of nonwovens and panelboard complete the global product and service offering. Innovative products and services in the industrial digitalization sector are offered under the brand name Metris and help customers to make their plants more user-friendly, efficient and profitable. The publicly listed group has around 26,800 employees and more than 280 locations in over 40 countries.

ANDRITZ METALS
ANDRITZ Metals is – via the Schuler Group – one of the world’s leading suppliers of technologies, plants and digital solutions in metal forming. The product portfolio also includes automation and software solutions, process know-how and service.
In the metals processing segment, the business area offers innovative and market-leading solutions for the production and processing of flat products, for welding systems and furnaces, as well as services for the metals processing industry.

Aberdeen headquartered EnerMech has been awarded a five-year contract to deliver tensioning, torquing and associated services across all of TAQA’s North Sea platforms. 

Under the new contract, EnerMech will deliver these services on the Cormorant Alpha, North Cormorant, Eider Alpha, Harding, Tern Alpha, Brae Alpha, and East Brae platforms. 

The contract builds on EnerMech’s existing seven-year relationship with TAQA in the UK. EnerMech’s regional director for Europe and Africa, Ross McHardy, said: “We have been successfully carrying out work across TAQA’s North Sea assets since 2014 and are looking forward to providing further safe, responsive and reliable services under this new contract for flange management and bolting services.” 

Formed in April 2008, EnerMech provides specialist integrated mechanical, electrical, instrumentation and integrity services to the international energy and infrastructure sectors, from pre-commissioning through operations and maintenance and late-life support/decommissioning.   

EnerMech will support Taqa's North Sea platforms

The business is focused on offering a safer, more customer-focused, responsive service at lower cost, while delivering a much greater level of engineering and technical support than competitors can offer. In December 2018, EnerMech was acquired by The Carlyle Group, the NASDAQ listed global asset manager.   

EnerMech specialises in providing integrated supply, operations, maintenance and engineering solutions in its core services of Cranes and Lifting, Electrical and Instrumentation, Equipment Rental, Hydraulic products and services, Industrial Services, Process, Pipeline and Umbilicals (PPU), Maintenance and Integrity Services, Training and Valve supply and services.  

The group is headquartered in Aberdeen with bases in Great Yarmouth, Bristol (UK); Stavanger, Houston, Pasadena, Sulphur, Casper, Williston (USA), Guyana, Trinidad, Mexico, Abu Dhabi, Iraq, Qatar, Saudi Arabia, Azerbaijan, Kazakhstan, Singapore; Perth, Melbourne, Sydney, Brisbane, Darwin, Gladstone, Chinchilla (Australia); Malaysia, China, South Korea, India, Ghana, Nigeria, Angola and South Africa.   

www.enermech.com  

Specialist drilling waste management company, TWMA, will highlight how its wellsite processing solution has been proven to reduce the carbon emissions of drilling operations by 50% at this year’s ADIPEC.

The company is set to present a technical paper at a session hosted by the Society of Petroleum Engineers (SPE) during the conference. The paper, which was co-authored by DNV, will detail the key benefits of its low carbon drilling solutions.

With sustainability and net-zero targets at the top of the industry agenda, TWMA is poised to further support customers to improve their environmental performance, especially in the UAE which represents a third of the company’s business.

Halle Aslaksen, Chief Executive Officer at TWMAHalle Aslaksen, Chief Executive Officer at TWMA, said: “For 20 years TWMA has been lowering the carbon emissions of drilling operations using our TCC RotoMill® wellsite processing technology. Since bringing this technology to the UAE in 2012, we have delivered safe, low cost and sustainable operations to some of the region’s biggest projects, most notably the Upper Zakum development.”

The TCC RotoMill wellsite processing solution allows drilling waste to be processed at the source, eliminating the requirement to ship drilling waste long distances for treatment. The solution significantly lowers carbon emissions, reduces well cost, and improves safety performance.

Mr Aslaksen continues: “We have built a strong business in the UAE over the years by delivering innovative solutions that add value to our customers’ operations. We are always looking for opportunities to share knowledge and best practice and ADIPEC provides a fantastic platform from which to do this. We are very much looking forward to presenting our low carbon drilling solutions to delegates this year.” Aslaksen added.

With aims to strengthen customer relationships and show its commitment to the market, TWMA is exhibiting at the show for the sixth time since its first appearance in 2015. The company is bringing a new concept to its stand this year, delivering virtual presentations from its team of specialists around the world.

The UK-headquartered company, which has bases in the UAE, USA, Egypt, Norway and Africa, is also launching its new real-time monitoring technology XLink™ at the show. XLink™ is a new hardware and software system upgrade that allows customers to monitor their drilling waste operations live from anywhere in the world. The innovative system reduces personnel onboard (POB), improves operational insights, and automates wellsite processing systems to lower cost, improve safety and lower carbon emissions.

TWMA is exhibiting in Hall 8 on stand number 8410. For more information on TWMA and its services visit twma.com

TWMA is the market leader in the provision of drilling waste manage solutions to the oil and gas industry. The company delivers operational efficiencies by using the latest technology to optimise drilling operations and improve the safety and environmental performance of its customers’ operations. The company provides services across the entire drilling waste management spectrum, specialising in offshore processing which eliminates the requirement to transport drilling waste to shore.

The company was founded in 2001 and employs over 500 Specialists globally across bases in Europe, the Americas, Africa and the Middle East.

Pryme Group, a leading manufacturing collective with over 50 years’ experience in providing bespoke, cutting-edge products, solutions and services to clients in a range of sectors across the globe, has appointed Ray McGlynn as Business Development Manager – Renewables, to enhance its global offshore renewables offering.

With over 20 years of energy sector experience, Ray has amassed a vast skill set and knowledge of the offshore renewables sector, supporting and advising companies as they grow within this area.

Pryme Group’s recent merger with Caley Ocean Systems and IMES International has bolstered the capabilities of the group, allowing for further expansion into the renewables and nuclear markets, with particular focus on offshore wind installation technology.

Ray’s main focus will be to capitalise on the recent success Caley Ocean Systems, and its partner Houlder, have seen, in their Innovative Tooling Solutions around foundation installation support, for global offshore wind opportunities.

Having built a strong network of business contacts and relationships around the world, Ray’s background spans leading global companies, in the defence and energy sectors. His career started in business development at BAE Systems and includes roles at Fugro Structural Monitoring, Ashtead Technology, BMT and most recently, Caley Ocean Systems, now part of Pryme Group.

Handling alignment frames delivered by Caley Ocean Systems to Balfour Beatty for Hinkley Point C

Commenting on his appointment, Ray said:

“Europe currently dominates the world’s offshore wind market, which is set to continue increasing exponentially over the next decade. With massive global growth comes massive opportunities for the maturing supply chain to support and contribute to its success, and this will be a priority area for Pryme Group in the coming years.

“The transition in my career into renewable energy business development has come naturally as the whole energy sector has shifted its focus to Clean Energy Solutions, and to achieving net zero goals. I’m thrilled to be joining Pryme Group at such a pivotal and exciting time for the industry and company, as we continue to build our renewable energy credentials.”

Pryme Group services clients across a variety of sectors, from energy and marine to aerospace, defence and utilities.

Kerrie Murray, CEO of Pryme Group, commented:

“Pryme Group has previously predominantly focused on the oil and gas and defence sectors, but we are now expanding our business to also serve clients in offshore renewables and nuclear, supporting their journey to net zero. Ray’s wealth of sector knowledge strengthens our position in these evolving sectors and will help us expand our integrated services and geographical reach.

“We look forward to Ray playing a key role in Pryme Group’s continual development in the offshore renewables sector, building upon our innovative installation technology.”

Pryme Group, which is headquartered in Dundee, Scotland, is now able to offer an on-the-ground presence and technical capabilities from key locations across the UK including Aberdeen, Dundee, Ellon, Glasgow, Morecambe, Newcastle, Plymouth, Portsmouth, Renfrew, Rosyth and Sheffield, through a team of 260 people.

About Pryme Group

Pryme Group provides a turnkey service for global contract manufacturing, combining high-quality machining with design capability, fabrication, assembly, testing, proprietary high pressure liquid and gas equipment and project management.

It is made up of the following entities;

• Pryme Group Newcastle
• SengS
• Hydratron
• GA Sliding Head
• GA Scotland
• GA North West
• Caley Ocean Systems
• IMES International

As of 2021, Pryme Group has an on-the-ground presence and technical capabilities in key locations across the UK. This includes –

• Design and consulting capabilities in Aberdeen, Glasgow and Ellon
• Machining, fabrication and assembly capabilities in Dundee, Newcastle, Morecambe, Renfrew and Sheffield
• Testing and servicing capabilities in Aberdeen, Glasgow, Ellon, Rosyth, Plymouth and Portsmouth
• Specialist products through their Hydratron range of high-pressure liquid and gas equipment in Newcastle
• Specialist lifting solutions through their Caley Ocean Systems operations in Glasgow

Simmons Private Equity is the majority shareholder of Pryme Group.

Russia has seen the number of new oil and gas discoveries drop to a five-year low, according to GlobalData. The leading data and analytics company notes that Russia discovered only six very small fields in H1 2021, which add a mere 36 million barrels - less than four days of the country’s daily oil production.

Anna Belova, Oil & Gas Analyst at GlobalData, comments: “To retain its place as one of the top oil and gas producing nations, Russia needs to ensure a steady pace of discoveries to replace produced reserves. Otherwise, the effects of COVID-19 and reduced investments will be felt by the Russian oil and gas sector well after the pandemic subsides.”

The past year and half have been challenging for many resource-exporting countries, however, Russia has been able to weather the pandemic-induced demand shock to oil and gas markets with relative success.

Belova continues: “The country’s operators benefited from a quickly negotiated agreement with OPEC+ members to reduce oil production, which led to price stabilization; sustained oil price growth as economies recovered; and the country’s strong rebound in global gas demand, which led to record-high gas prices.”

However, exploration for new reserves has taken a significant hit, as evidenced by reduced drilling activity and, consequently, the steep decline of new oil and gas discoveries.

Belova adds: “Over the past decade, Russia has not only grown its oil and gas production to post-Soviet records, it also successfully explored for new oil and gas. News-making discoveries were made over the decade in offshore waters and new frontier basins, supplemented by large numbers of smaller discoveries in more mature areas. However, COVID-19 has caused a steep drop in new exploration and discoveries, when most Russian operators significantly cut capital expenditures into exploration.”

• Comments provided by Anna Belova, Oil & Gas Analyst at GlobalData
• This report was built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GlobalData’s team of industry experts.

About GlobalData

4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis, and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, technology, energy, financial and professional services sectors.