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OE Activity: 2016 / August

OE Activity: 2016 / August (63)

Wednesday, 31 August 2016 11:05

Seanamic acquires IMES

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Seanamic Group has acquired the business and trading assets of IMES, an inspection and monitoring engineering solutions company. 

Headquartered in Aberdeen, with offices in Plymouth, Portsmouth, Rosyth and Sheffield, IMES provides bespoke monitoring and load measurement systems to the marine, maritime and oil and gas industries. In addition, IMES has a growing inspection product range which can diagnosis integrity issues including subsea electrical fault isolation, integrity assurance of FPSO (floating production, storage and offloading) risers and marine vessel tailshaft integrity assurance.  

Seanamic, a provider integrated surface to seabed systems, is comprised of Glasgow-based Caley Ocean Systems, a marine handling systems specialist, and Houston-based Umbilicals International (UI), an umbilicals and cable manufacturer. 

“The high quality inspection services and monitoring products offered by IMES are an excellent fit with our existing systems focused businesses,” said David Cooper, CEO, Seanamic Group.  “As we operate in many of the same industry sectors, we see tremendous synergies with the range of IMES services and products. The acquisition by Seanamic provides IMES with the financial stability and access to future investment needed to ensure the long term stability of the business. All aspects of the old IMES business have transferred to a new company, IMES International, providing a seamless transition and removing the risk to ongoing service delivery.”

Tuesday, 30 August 2016 12:22

Viper Subsea acquires stake in LiveWire Innovation

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Viper Subsea Technology, the Portishead and Aberdeen-based subsea engineering company that provides consultancy and develops products for the oil and gas sector worldwide, has acquired a 33% equity stake in US-based LiveWire Innovation, a provider of Spread-Spectrum Time Domain Reflectometry (SSTDR).   

LiveWire’s SSTDR technology transmits small signals along communications or power cables and detects any anomalies along the length of the cable. Proprietary algorithms interpret the signals and convert the information into data that can be used by the client. The technology enables system operators and equipment manufacturers to ‘see’ into their electrical infrastructure while in use and to find the location of electrical short-circuits and open-circuits, as well as intermittent or transient faults such as arcs. SSTDR is designed to locate faults to within 98% accuracy. 

“This is a strategic move that benefits both parties, with Viper Subsea acquiring exclusivity to the SSTDR products in certain geographical markets and business segments,” said Neil Douglas, managing director, Viper Subsea. “The combined Viper Subsea / LiveWire offer will reduce maintenance and troubleshooting costs for clients, increase system reliability, and reduce down-time for a range of systems that rely on electrical cables to deliver power and/or communications.”

Tuesday, 30 August 2016 11:26

Petronas inks Asian airborne FTG data acquisition

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Petronas has awarded Bell Geospace and Onyx Engineering a contract for 3D multi-client full tensor gradiometry (FTG) data acquisition, processing and interpretative services that will cover approximately 198,900sq km offshore Peninsular Malaysia, Sarawak and Sabah.

Image of the BT67 FTG survey plane, from Bell Geospace.

The provision of airborne FTG and magnetic surveys will be undertaken over offshore Peninsular Malaysia, Sarawak and Sabah and will commence subject to pre-funding requirements and approval by Petronas.

Bell Geospace will provide a variety of services for the project.  This will allow current petroleum arrangement contractors and potential bidders seeking new exploration blocks, to quickly identify prospective areas for quick and efficient understanding of complex sub-surface geology.

“We expect that this data will play a significant role in the exploration process for companies working or considering working in Malaysia, allowing for the first time ever, a rapid selection of areas of interest for bidding and for planning for subsequent seismic acquisition and interpretation work,” John Macfarlane, Bell Geospace executive vice president said.

Bell Geospace will take the lead role in the project, bringing a new, efficient and cost-effective exploration methodology in Malaysia, Macfarlane said.

FTG data is used to plan cost-effective seismic programs and model sub-surface geology to find natural resources.

Tuesday, 30 August 2016 11:15

Wood Group inks DONG frame agreement

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Wood Group has been awarded a new engineering services framework agreement by DONG Energy, to support the firm's oil and gas assets across the Danish, Norwegian and UK continental shelves. 

Front end development, maintenance and modifications, engineering, and late life and decommissioning services, for both topsides and subsea facilities, will be provided under the four year contract, which is effective immediately.

Robin Watson, Wood Group’s chief executive said: “Wood Group’s strong and diverse technical services, which span the full breadth of the asset life cycle, have secured us this agreement to support DONG Energy across their oil and gas portfolio.

“We will leverage our broad capabilities, in-depth knowledge and longstanding experience working in these three continental shelves, to support this new client. Working in collaboration with DONG Energy to maximize the productivity and enhance the efficiency and effectiveness of their operations, will be our clear focus.  We look forward to building our partnership with this key client and to deepening our presence and service offering across North West Europe.”

Tuesday, 30 August 2016 10:16

COSL inks double vessel Mexico gig

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China Oilfield Services Ltd. (COSL) signed a rig and logistics integrated service contract with Mexico’s Hokchi Energy S.A de C.V. as part of the country’s energy reform.

The COSLHunter, from COSL.

COSL’s jackup drilling rig COSLHunter and marine support vessel HYSY 614 will provide services for this contract. This marks the first foothold in Gulf of Mexico by COSL’s marine support segment, extending the company’s industry chain there successfully.  

The contract is expected to begin in October, and marks the first oilfield service project available for tender by an oil company outside Mexico and it is the first public tender project by Mexico’s energy ministry after the energy reforms in Mexico.

“This contract marks the winning of an important international client for the company and expands the company’s share in overseas markets. It also demonstrates the company’s unique integrated project management(IPM)advantage and continuous efforts in international expansion,” COSL said.

Hokchi Energy is a subsidiary of Pan American Energy LLC, the second largest hydrocarbons producer in Argentina.

Tuesday, 30 August 2016 09:59

Lundin to drill at Filicudi with Leiv Eiriksson

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The Petroleum Safety Authority of Norway has granted Lundin Norway consent for exploration drilling in the Barents Sea.

Lundin will drill exploration well 7219/12-1 in a prospect named Filicudi. The drilling site is 218km north-west of Hammerfest at 320m water depth. It is in production license 533, comprising blocks 7219/12 and 7220/10 in the Barents Sea, in which Lundin Norway is the operator.

Drilling is scheduled to begin in early September and will last 59 days, with an addition for a potential well test.

The well is to be drilled using the Leiv Eiriksson mobile facility, which is owned and operated by Ocean Rig. The facility is a BINGO 9000 type, built in 2001. 

Image of the Leiv Eiriksson, from Ocean Rig.

Tuesday, 30 August 2016 09:21

Verisk Analytics acquires Quest Offshore business

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Verisk Analytics, Inc. entered a deal to acquire the data and subscriptions business of Quest Offshore Resources, which supplies market intelligence to the offshore oil and gas sector.

The data and subscriptions business will become part of Wood Mackenzie, a Verisk Analytics business, and will complement Wood Mackenzie’s existing upstream analysis expertise. This transaction expands on the services offered by Infield (part of Wood Mackenzie specializing in offshore supply chain intelligence) and Wood Mackenzie’s upstream suite of data and analysis products. By bringing these resources together in one place, Wood Mackenzie will be able to offer clients a comprehensive, transparent, and granular analysis of the offshore oil and gas sector.

“Through this acquisition, our upstream oil and gas clients will be able to make better investment decisions through access to a unique understanding of availability, capability, and price in key offshore equipment and service markets,” said Neal Anderson, president of Wood Mackenzie. “We’re now able to draw together our own upstream data set and analysis, which include the expertise offered by Infield, with the proprietary systems developed by Quest Offshore’s data and subscriptions. This enhanced offering will give clients the commercial edge to develop offshore opportunities at a time when every new investment must work harder.”

“We welcome the addition of Quest Offshore’s data and subscriptions business, which will further enhance Wood Mackenzie’s client offering,” added Scott Stephenson, chairman, president, and chief executive officer of Verisk Analytics. “This follows our strategy to invest in businesses with unique data assets, deep domain expertise, and market-leading analysis.”

"The sale of Quest Offshore's data and subscriptions business to Wood Mackenzie, including the market sector specialist personnel who drive it, will enable our collective clients to receive an expanded service offering and added strategic value," added Paul Hillegeist, president of Quest Offshore. 

Monday, 29 August 2016 15:00

Zenith completes P&A off Italy

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Aberdeen-based well management firm Zenith Energy has successfully completed the plug and abandonment (P&A) of the Ombrina Mare development well, offshore Italy, for London’s Rockhopper Exploration.

The Atwood Beacon, from Atwood.

Utilizing its experienced well engineering personnel, well delivery process and HSEQ management systems, Zenith completed the project using the Atwood Beacon jackup MODU.

The operation involved re-entry to the existing well situated on an unmanned platform, bullheading operations, removal of completion, casing and wellhead equipment, and the setting of permanent barrier cement plugs.

The project involved slick line, wireline, Xmas tree removal, cementing, cutting and pulling casing and removal of topside wellhead equipment in a well with high concentrations of H2S and A annulus pressure issues.

Zenith Energy’s operations director, Chris Collie, said: “We have safely and efficiently completed our first offshore well management project, which was planned and executed by a small but highly experienced team within a five-month period. This enabled our client to take advantage of a rig of opportunity and permanently abandon their well at significant cost savings due to current market rates.

Rockhopper Exploration COO, Fiona MacAulay, said: “Zenith provided Rockhopper with the well engineering personnel to plan and manage our well abandonment operation and they have achieved our objectives of permanently abandoning the Ombrina Mare well. They integrated well with the Rockhopper team and provided a first class team of engineers to deliver the project safely and within budget.”

Monday, 29 August 2016 13:52

Mariner B arrives at Nigg

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The Mariner B vessel arrived and is safely berthed at Global Energy Group’s Nigg Energy Park, north of Inverness, after completing the 15,800nm (18,183mi/29,263km) journey from the Samsung construction yard in South Korea.

Mariner illustration, from Statoil.

Mariner B, the floating storage unit (FSU) for the Statoil-operated Mariner field on the UK Continental Shelf (UKCS), left South Korea on 20 June. It has sailed a distance equaling two thirds around the world.

At Global Energy Group’s facilities at Nigg, the vessel will take on board a fiscal metering package, fabricated locally, before continuing out to the field, where it will be anchored, hooked up to risers and carry out other tie-in and pre-commissioning activities.

“Following last year’s successful installation of the steel jacket for the Mariner A platform, we are now getting another key component in place on the field. This year will also see the start of pre-drilling of production wells.  We are very much looking forward to increasing our operational activity on the UK Continental Shelf,” Johan A. Johansen, Statoil vice president for operations in the UK and Ireland said.

Mariner B will have the conventional role of receiving, storing and offloading the oil produced at the field, but also play a role in the production process as storage for diluent, which will be mixed with the heavy Mariner oil during the production process to enhance processing and increase the value of the crude. Total storage capacity is around 850,000 bbl, of which around 150,000 bbl is reserved for diluent.

The topsides for the Mariner A platform are expected to arrive next year. Following hook-up and commissioning, start-up is planned for 2018.

The Mariner field is on the East Shetland Platform of the UK North Sea, approximately 95mi or 150km east of Shetland.

The field development concept includes a production, drilling and quarters (PDQ) platform based on a steel jacket – Mariner A – connected to Mariner B. Production is expected to start in 2018.

Statoil is the operator of Mariner with 65.11% equity. Co-venturers are JX Nippon Exploration and Production UK (20%), Siccar Point Energy (8.89%) and Dyas UK (6%).

Global Energy Group is also engaged by Statoil for one of its offshore wind projects, fabricating suction anchors for the floating wind turbines at the Hywind Scotland project off the coast of Peterhead. Hywind Scotland, planned to be completed late 2017, will be the world’s first floating wind park.

Monday, 29 August 2016 14:12

NCS CO2 emissions under focus

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Pressure is mounting on the global oil and gas industry to reduce environmental footprint at the same time as the industry is under significant cost pressure. Since business as usual is not an option, DNV GL has launched two papers to advise the industry on how and where to make impactful changes within financial constraints.

The paper, "A cost-efficient approach to reducing environmental impact" provides a framework for the industry on how to improve environmental sustainability by identifying the most cost-efficient mitigating measures.

To demonstrate how the abatement framework can work in practice, DNV GL has also carried out a case study for an offshore asset. The second paper, "CO2 abatement potential for offshore upstream installations" demonstrates the results of a comprehensive case study on how CO2 emissions can be reduced through the implementation of a number of cost-effective measures for offshore production on the Norwegian Continental Shelf (NCS).

Elisabeth Tørstad, CEO, DNV GL – Oil & Gas, says: “Cost management is a top priority for the industry right now but it’s still possible to reduce our environmental footprint without breaking budgets. Cost-effective measures can be implemented across the lifecycle of assets and throughout the supply chain. Our papers will advise and support decisions in this critical area. Greater transparency by the industry on environmental risk management processes and sustainability reporting will give the sector much needed credibility and speed up sustainability improvements as a business advantage.”

The framework proposed in "A cost-efficient approach to reducing environmental impact", is based on internationally recognized guidelines (IPIECA, API and IOGP) for sustainability reporting. It can also be used alongside other sustainability reporting initiatives or company specific sustainability KPIs. Aligned with UN Sustainable Development Goals for the environment, it covers a wide range of indicators, including  emissions to air and discharges to sea (i.e. hydrocarbon spills, produced water, etc) for specific offshore assets. It is based on a three-step integrated approach: reporting and accounting of emissions and discharges; impact and risk assessment; and prioritizing cost-efficient environmental improvements.

“Our approach allows better informed decisions to be made on how and where to improve the environmental performance of a single or multiple mix of assets,” explains Tørstad. “This will support operators in reporting and communicating with stakeholders, as well as in their efforts for continuous improvements and benchmarking.  It will also increase control and opportunities for improving global environmental risk management.”

The pathway study resulting in the paper "CO2 abatement potential for offshore upstream installations" describes how adopting cost-effective practices could provide a 29% reduction in the current CO2 emissions from offshore production on the NCS whilst also securing significant cost savings. The results took into account efforts already made to lower emissions such as reduced gas flaring activity.

“Despite the NCS being known as best in class when it comes to combating CO2 emissions and footprint, the work we have done with the CO2 abatement reveals that there is still cost effective potential left. The promising and inspiring results are making a profitable case for already available technologies for energy efficiency and storage, and the earlier the measures are implemented for a field production, the greater the cost savings. As around 75% of global oil production in 2040 is projected to come from new fields, it should be possible to reduce CO2 emissions dramatically on a global scale over the next quarter of a century,” adds Tørstad.

In order to ascertain the status of sustainability efforts across oil and gas producing regions and current field developments, DNV GL has also developed a map based on publicly available databases and literature. The map identifies regions and field developments with the most and least potential for improvement on governance and production efficiency. The results are presented in a traffic light system detailing economic, environmental and social performance criteria of resources and production in regions. The results of the benchmark are dynamic and can be used to identify areas for sustainability improvements as well as enable a wider basis for investments decisions.

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