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March - April 2015 AOG ▼ aogdigital.com ASIAN OIL & GAS Women in engineering page 20 Content is copyright protected and provided for personal use only - not for reproduction or retransmission. For reprints please contact the Publisher. OFC_AOG0415_cover2.indd 1 4/2/15 10:05 AM WE ARE RAMPING UP We are ramping up and investing in the future. Vryhof Anchors, Deep Sea Mooring, Deep Sea Installation, Marine Contracting and Global Maritime have joined forces to create one, unrivalled company – a new Global Maritime Group. The combined Global Maritime Group is stronger, extends its geographical reach and can comprehensively offer a wider range of safe and cost efficient products and services to the offshore and maritime industry. Meet us at AOG 11 – 13 March 2015 in Perth Booth C8 (Subsea Zone) www.globalmaritime.com Content is copyright protected and provided for personal use only - not for reproduction or retransmission. For reprints please contact the Publisher. Blair/National Geographic/Getty Images James P. GHOST by - image AOG_0415_Ads.indd 2 4/2/15 9:50 AM Contents REGIONAL UPDATES 6 Briefs New discoveries, leases, and development plans. 28 SHIPYARDS 8 New entries EMAS AMC christens its new US$600 million vessel, and more news from China and Korea. GEOLOGY & GEOPHYSICS 10 Seismic roundup Dolphin mobilizes Sanco Sword off Myanmar, and CGG heads to Vietnam. FEATURES 12 Rigs continue to idle as Asian drilling activities decline Audrey Raj reports on the global rig market and its effects on the Asian oil and gas industry. 14 Standardization of SENT test method for sour service environments Requirements for testing facture toughness in pipelines is increasing, a standardized SENT test methodology for pipelines in sour service environments is being developed, Dr. Jens Petter Tronskar explains. 18 Recruiting for commissioning of oil and gas developments There can be a tendency to underestimate the challenge of fi nding the right personnel for this critical stage, commissioning, of the project lifecycle, advises Air Energi’s Andy Greenwood and Steve Field. 20 Spotlight – Women in oil and gas engineering 30 AOG discusses the opportunities and challenges confronting women in the energy sector with engineers from Atteris, Premier Oil, Technip, INPEX and EMAS AMC. GEOFOCUS: AUSTRALIA/NEW ZEALAND 26 Well integrity, from start to nish Weatherford’s Yves Daniel discusses zonal isolation technologies, including an annulus casing packer, made for Australia’s coal seam gas production. 28 Championing Australia’s energy industry James Parsons, Swire Oilfi eld Service’s general manager for Australasia shares his view of the current Australian oil and gas market. 30 UWA molds next generation engineers down under The University of Western Australia (UWA) tells us how they have been central to the research and development underpinning the energy sector and education of aspiring professionals in Western Australia. PRODUCTS & TECHNOLOGY 32 Solutions New tools and software to improve performance, production, and modeling. CONTRACTS 34 Valmec’s rst Talinga gas contract On the cover Valmec Services will provide services to Origin Energy’s March - April 2015 ▼ aogdigital.com Meet the fi ve engineers profi led in our GS Talinga Gas Processing Facility. L & GA AON OI ASIA “Women in Oil and Gas Engineering” COMPANY NEWS feature by AOG’s new editor Audrey 35 Activity Raj. Each one comes from a different GE opens Western Australia facility, and more news. background and job function, but all have the same drive to work hard, FACTS & FIGURES have fun, and inspire others. 38 Numerology Women in Read more on page 20. engineeringpage 20 A capsule view of interesting industry statistics. Content is copyright protected and provided for personal use only - not for reproduction or retransmission. aogdigital.com For reprints please contact the Publisher. March · April | AOG 3 003_AOG0415_TOC.indd 3 4/1/15 9:36 PM Editor’s Column Leap of Faith he global oil and gas industry over the years has witnessed S Iswaran, Minister, Prime Minister’s Office and Second Minister Ta number of cycles and recent changes in the energy scene for Home Affairs and Second Minister for Trade and Industry, have sent shockwaves across the globe. Singapore. While a plunge in oil prices have led to a broad impact on In a meeting at the International Oil and Gas Industry economies and businesses around the world, cheaper oil has Conference and Exhibition, he addressed how strong economic also provided some much-needed relief fundamentals in Asia-Pacific, together to emerging Asian countries. with its rapid population growth and Increasing oil and gas consumption We will remain a key economic development will continue to has made the region a predominant drive energy demand and thus expen- buyer of foreign fuel imports and par- region for offshore diture on exploration and production ticularly influential in the global energy developments with more activities. market. Therefore, we will remain a key This trend is projected to double by drilling activities to region for offshore developments and 2030 in countries like India, China, our emergence of FLNG is expected to Japan, Thailand and Indonesia due to come in Australia and increase with rising energy demand declining or lack of indigenous resources Southeast Asia this year. to drive technological developments and consumption growth. across the region. Singapore for instance is Asia’s major The Asia-Pacific well Infield Systems expects significant petrochemical and refining hub, but it intervention market is capital expenditure growth offshore imports crude oil and natural gas be- India of some 32% over the forthcom- cause it has no hydrocarbon reserves. expected to reach $1.93 ing period compared to the previ- In the wake of the earthquake that struck billion by 2018, up from ous five years, which is likely to be off the coast of Sendai in Japan, the driven by the Dhirubhai and Krishna- Japanese have relied on foreign imports $1.1 billion in 2013. Godavari multi-field developments. to replace nuclear shortfall ever since. Although it is a little hard to predict Between 2000 and 2014 India’s energy what will happen next, it is not preor- consumption doubled pushing the import bill to $120 billion and dained that low oil prices will continue to hurt the industry for this could go up to $230 billion driven by economic growth, greater a long time. industrialization and urbanization, reported The Indian Express. Here to give you these updates and more, AOG will continue While these countries, just to name a few, benefit from cheap to address these market dynamics, business-critical issues and oil and will see a boost in GDP growth, net oil exporters like technologies that impact the oil and gas sector in Asia. Malaysia and Kazakhstan could lose substantial national On this positive note, it gives me with great pleasure to income. welcome you to join me on this journey of knowledge-sharing Malaysia’s energy sector makes up for about 20% of the through this esteemed title also available online. • country’s total GDP. In its move to reduce rising national debt, Malaysia along with Indonesia and India cut oil subsidies that Audrey Raj could possibly save the Malaysian government about $5.97 bil- Editor lion annually. The halving of oil prices has pressured spending cuts across the board. Now with oil producers rethinking exploration bud- gets, much of the focus will be on lower-cost shallow water or mature oil fields. Therefore, Australia and Southeast Asia could see more drill- ing activities this year and this could potentially increase well intervention works in the region. The Asia-Pacific well intervention market is expected to reach to $1.93 billion by 2018, up from $1.1 billion in 2013, according to Research and Markets. Despite concerns over the impact on the oil and gas industry of short-term global uncertainties and volatile oil prices the long term outlook for the industry remains positive, said Mr. Content is copyright protected and provided for personal use only - not for reproduction or retransmission. 4 AOG | March · April 2015 For reprints please contact the Publisher. aogdigital.com 004_AOG0415_editor.indd 4 4/1/15 9:41 PM Content is copyright protected and provided for personal use only - not for reproduction or retransmission. For reprints please contact the Publisher. AOG_0415_Ads.indd 5 4/2/15 9:49 AM January.indd 3 1/15/15 10:22 AM March · April 2015 AOG ASIAN OIL & GAS www.aogdigital.com Atlantic Communications LLC 1635 W Alabama Houston, Texas 77006-4101, USA Tel: +1 713 529 1616 [email protected] Publisher Brion Palmer Tel: (+1) 713 874 2216 [email protected] Editor / Associate Publisher Audrey Raj +65 90264084 Regional Briefs [email protected] Managing Editor Australia • SK INNOVATION SIGNS UP Audrey Leon • AWE SPUDS IRWIN PROSPECT FOR SOUTH CHINA SEA DUO [email protected] AWE spudded the first well in its 2015 CNOOC and SK Innovation Co. entered European Editor three-well onshore Perth basin drill- into two production sharing contracts Elaine Maslin ing program, the Irwin-1, in late March. (PSCs) in the South China Sea. Blocks [email protected] Irwin-1 is located approximately 22.7km 04/20 and 17/03 are located in the Pearl Web Editor east of Dongara. The exploration well River Mouth basin. Block 04/20 cov- Melissa Sustaita was drilled at a measured depth of 115m ers a total area of 5138sq km and Block [email protected] and was drilling ahead in a 17.5in hole 17/03 covers a total area of 7686sq km. Editorial Assistant to a planned depth of 930m in prepara- Both blocks are in 50-100m water depth. Jerry Lee tion for the installation of the 13 3/8in According to the terms of the PSCs, SK Editorial Intern surface casing.