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OE Activity: 2016 / July

OE Activity: 2016 / July (76)

Friday, 29 July 2016 03:00

Swiber goes into liquidation

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The board of directors of Singapore-based Swiber Holdings has applied to wind up the company.

A hearing will be held on 19 August. The firm also applied to put the company into provisional liquidation. Staff from KordaMentha have been appointed provisional liquidators.

Several senior staff also resigned, including executive director Nitish Gupta, CFO Leonard Tay and Vice Chairman Francis Wong. 

Swiber, founded in 1996, was an offshore construction and support services provider, providing engineering and construction services.

It has 13 vessels and had about 2700 staff. The firm was listed on the Singapore Exchange in 2006.

Van Oord, a dredging, marine engineering and offshore projects contractor, has reached agreement on the acquisition of the offshore wind activities of Bilfinger Marine & Offshore Systems, a German company active in the engineering, construction and installation of foundations for offshore wind parks and harbor construction. The agreement covers the acquisition of assets and employees related to the offshore wind activities and will be finalized after it has been approved by the Bundeskartellamt, the German competition authority.

In addition to this acquisition, Van Oord will be investing in a significant modification of its installation vessel Aeolus. The current crane, which has a lifting capacity of 900-tonne, will be replaced by a crane with a lifting capacity of 1600-tonne. At the same time the transport capacity will be extended. This will enable Van Oord to continue to install the increasingly larger foundations and heavier turbines at wind farms. The crane has been ordered from Huisman, a heavy installation equipment specialist based in Schiedam/Rotterdam. The modification of the Aeolus will be completed in early 2018.

Currently, Van Oord is completing the construction of the Dutch Gemini offshore wind farm, and recently, completed the installation of the British Burbo Bank Extension offshore wind farm foundations for Dong Energy. In 2017, Van Oord will start the installation of the foundations of the Arkona offshore wind farm project for E.ON in Germany, and is again contracted by Dong Energy on the installation of the foundations for the Walney wind farm project in the UK.

“Both investments are part of our strategy to bolster our position on the northwestern European market for offshore wind projects,” said CEO Pieter van Oord. “Acquiring Bilfinger’s offshore wind activities will enable us to focus more on the German market.”

Image: Aeolus/Van Oord

Thursday, 28 July 2016 12:43

First vessel uses Dales Voe Base quay extension

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Completion of the first phases of an US$15.7 million (£11.95 million) quay extension at Lerwick Harbor’s deepwater Dales Voe Base has facilitated mobilization of a large offshore construction vessel ahead of a contract offshore Canada.

Subsea 7’s 18,666-tonne, 146m long Seven Waves berthed earlier this week, the day after handover of the second phase of the quay to Lerwick Port Authority. Last week, the completed phase one was used for the first time, with the coaster Eendracht delivering kit for transfer to the construction vessel. 

Seven Waves is an early harbinger of the type of work which the expanded Dales Voe Base, with its enormous capacity, quay strength, water depth and laydown space, it is ideally suited for supporting a wide range of offshore industry projects,” said Calum Grains, Lerwick Port Authority’s harbormaster and deputy chief executive.  

With the quay being extended by 75m to 130m, BAM Nuttall, the principal contractor, is expected to hand over the final phase three section around the end of July. 

Complementary works at the base, including reclamation, laydown yard and demolition of a redundant building, will continue until the autumn with local contractor, FL Johnston.

Image: Captain Calum Grains (right) presents Captain Marcin Trejtowicz (center), accompanied by Offshore Manager John Seldon (left) of the Seven Waves with a commemorative plaque to mark the vessel’s visit to the extended Dales Voe Base/Lerwick Port Authority

Wednesday, 27 July 2016 11:21

BP awards Saipem Tangguh LNG EPCI contract

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BP, operator of the Tangguh LNG (liquified natural gas) project, awarded Saipem a contract for offshore work related to the Tangguh LNG Expansion Project.

The award is for the engineering, procurement, construction and installation of offshore facilities, consisting of two unmanned platforms and subsea pipelines. Saipem will design, fabricate and install these platforms and subsea pipelines. In accordance with the requirements of SKK Migas, Indonesia's upstream oil and gas regulator, Saipem will contribute to local content enhancement, including through its own Karimun fabrication yard.

This award follows the 1 July announcement for the approval of the final investment decision for the expansion project, which will add a third LNG process train (Train 3) to the Tangguh LNG facility in Teluk Bintuni Regency, Papua Barat Province of Indonesia. Saipem's award will support the development of Train 3, which will add 3.8MPTA of production capacity to the existing facility, bringing total plant capacity to 11.4 MTPA. The expansion project is explected to be completed by 2020.

The opportunities around implementing intelligent energy (IE) technologies are quite vast and the potential just as significant for the oil and gas industry.

But, commercial and business models are not necessarily aligned to adopting IE, says Helen Gilman, VP within Wipro’s energy, natural resources and utilities consulting practice. 

Gilman is presenting a paper, How do we accelerate uptake and fulfill the value potential of intelligent energy?, co-authored by T. Lilleng, Statoil; J. Nordtvedt, Epsis AS; T. Unneland, Chevron Corporation, at SPE Intelligent Energy, a conference and exhibition being held in Aberdeen in September and supported by OE as media partner. 

We spoke to her before the event: 

What are the main challenges in today’s commercial environment?

Clearly cost management is a major challenge across the industry in 2016. Everyone is looking to reduce costs, increase efficiency and accelerate production. 

We believe that IE has a major role to play in helping to transform the way we operate our oil and gas assets, building on the successes of the past but also requiring change in the way we design and implement our IE programs and solutions.

Breaking programs down into smaller projects that can deliver value quickly – in weeks and months rather than years – and securing low-hanging fruit through more widespread adoption of proven solutions are two ways in which we believe IE can help the industry meet challenges both today and into the future. 

Bringing all the actors into a closer cross-company collaboration based on shared situational awareness will contribute to a major change in mindset and improved decision efficiency for ongoing operations and in new developments. New ways of working and new operating models including various remote operations solutions can fundamentally improve operational efficiency.

To what degree are new players needed to help roll out IE?

Technology start-up companies represent an excellent infusion of innovation into the oil and gas industry and play an important role in progressing emerging technology to commercial success. However, we don’t believe that the full answer to IE success necessarily lies in new players coming into the industry. Instead, we may be better served by considering how existing and emerging players can work differently together.

Developments in digital and other technologies are delivering opportunities for us to be more integrated in the way we work, but our commercial and business models are not evolving as rapidly as the technology. We need to embrace the changes and consider how we can work differently and more effectively together, to benefit all parties involved. There is a role to play for new players and new technologies, but there is more that the existing players can do differently to deliver acceleration and more value.

Gilman holds a BSc. in Biophysics from the University of Leeds, and a PhD in the same subject from the University of Manchester.

Gilman started her career with Sema Group in the UK, working in the public sector and utilities industry on IT and business consulting projects. In 2000, she moved to the oil and gas industry as part of SAIC’s oil and gas practice, which was acquired by Wipro in 2011. Since 2002 she has been focused on Integrated Operations, and has worked on multiple projects for different oil and gas clients globally, focusing on key areas such as assessment and strategy, collaboration, environment design and implementation, major capital project integration and program management. 

Gilman has served on SPE committees including Intelligent Energy events in Dubai and Utrecht, and has spoken at several SPE events on this subject.

 
Wednesday, 27 July 2016 03:43

Claxton inks Statoil abandonment contract

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Claxton, an Acteon company, has been awarded a contract with Statoil to provide "rigless recovery" of seven abandoned wells on the Huldra platform, located in the Norwegian Continental Shelf. 

Work is due to start in December 2016 and complete within 21 days. Claxton is responsible for a full scope of decommissioning work including project planning, severance, and full multiple string recovery. 

Laura Claxton, managing director, Claxton, said: “Claxton performed the world’s first rigless platform well abandonment campaign on the Esmond, Forbes and Gordon fields in the North Sea in 1995, and has completed more than 280 cutting and recovery projects since. 

“This experience allows us now to provide the most comprehensive decommissioning packages for our clients. Being awarded this contract with Statoil reinforces our leading position in the decommissioning market and demonstrates that clients value our experience, strategic technical approach and capabilities.”

Conductor and casing severance for the Huldra project will be performed using the latest evolution Claxton recovery tower and its abrasive cutting system "SABRE." The SABRE unit and all ancillary equipment are NORSOK compliant to Z-015, with the recovery tower having a safe working load of 300-tonne with a modular system footprint design that minimises rig-up time and complexity.

Rigless platform well abandonment is just one of the many services Claxton can offer to reduce the cost of your decommissioning project. 

Tuesday, 26 July 2016 02:45

Technip awarded Repsol IMR contract

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Technip has been awarded an inspection, repair and maintenance contract by Repsol Sinopec Resources UK on its North Sea subsea infrastructure.

Under a frame agreement, Technip will provide diving support and IRM services for 2016, with possible extension to include 2017 and 2018.

The  frame agreement covers:

  • Provision of equipment, including diving equipment, underwater intervention and engineering services;
  • Onshore management and engineering support, provision of ancillary personnel and equipment to support Technip’s performance of the work;
  • Diver inspection, ROV inspection, maintenance, repair, construction and decommissioning.

Technip’s operating centre in Aberdeen, UK, is managing the project. The work scopes will utilize diving support vessels from the group fleet.

Bill Morrice, Managing Director of Technip’s UK operating centre, said: “I am delighted that Repsol Sinopec Resources UK has chosen Technip to support them in maintaining this important UK oil & gas infrastructure. We have an extensive track record in life of field extension work and have successfully delivered many projects of this type. Furthermore, in these difficult times for the industry, we are extremely pleased to be entrusted to deliver this work, and look forward to working with Repsol Sinopec Resources UK.”

 
Monday, 25 July 2016 16:20

Oceaneering acquires Meridian

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Oceaneering International has completed its acquisition of Meridian Ocean Services. 

Meridian uses remotely operated vehicles (ROVs) to perform surveys on mobile offshore drilling units and floating production systems that satisfy the underwater inspection in lieu of drydocking (UWILD) requirements of all major classification societies.

“We are pleased to have closed this transaction with Meridian which will add talent and expertise allowing us to further penetrate the UWILD market which is a very logical adjacency,” said Rod Larson, president of Oceaneering. “The addition of Meridian is complementary to our ROV, diving, asset integrity, and tooling services businesses and will provide a comprehensive solution for our customers.”

Monday, 25 July 2016 09:54

FET opens Houston Syntech plant

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Forum Energy Technologies (FET) has opened a new plant near Houston expanding its syntactic foam manufacturing capabilities.

The six-acre facility in Bryan, Texas, brings Forum’s Syntech product line closer to clients in the oil and gas industry and has the capacity to support future growth.

Syntech is used to provide buoyancy modules for use in remotely operated vehicles (ROVs) and other submersible equipment. The new plant not only allows the expansion of Forum’s ROV flotation manufacturing capabilities, but also includes the expansion into manufacturing larger installation buoyancy modules, rigging buoyancy and custom/project specific flotation modules. Syntech will share the property with another of Forum’s brands, Dynacon.

“Being closer to our clients provides them with the opportunity to visit our site and view products,” said Thomas Mittner, product line manager, Syntech. “We will be working more closely with the team at Dynacon and will leverage their engineering and manufacturing expertise.”

Image: Forum Energy Technologies has expanded its Syntech specialist syntactic foam manufacturing capabilities with the opening of a facility in Bryan, Texas/Forum Energy Technologies.

Monday, 25 July 2016 03:17

ONGC picks Expro for Indian well testing

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International oilfield services company, Expro, has been awarded new contracts from India’s Oil and Natural Gas Corporation ONGC). 

Worth more than US$17 million over three years, the contracts will see Expro work on ONGC’s assets throughout western and eastern areas of India, including offshore Mumbai, onshore Rajamundry and the Krishna Godavari basin. 

The contracts comprise of Expro’s 15K and 10K surface well testing packages for high-pressure, high-temperature (HPHT) and conventional wells, and will be fully supported from Expro’s facilities in-country. 

Two sets of 15K surface well test packages will be delivered for 10 offshore and 22 onshore wells in eastern India. Four sets of 10K packages will be delivered offshore Mumbai and includes the provision of a Well Test Supervisor and Operator on a call-out basis. 

The 10K packages will be used for production testing of exploratory wells, and testing, flow back and measurement of worked-over and platform wells. The onshore package will be deployed for the testing of exploratory and completed wells onshore at Rajahmundry. 

 
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