EIC Newsbrief – Scotland Feb 2013 Please note Irish news is included in this region for EIC purposes Oil & Gas (inc Subsea) BP's Field of the Future - moving to phase three BP's Field of the Future project is now moving into its third phase, getting all of the solutions implemented and integrated across the entire company, said Steve Roberts, VP of Field of the Future at BP, speaking at the Integrated Operations conference in Trondheim on September 25-26. BP considers that the Field of the Future program has achieved additional production of 75,000 barrels per day of oil through the systems implemented so far, with a longer term target of 100,000 bopd. The technology has been implemented on 80 per cent of what BP considered to be its highest value wells. The systems deliver value in four ways. Managing operational risk, improving plant uptime, helping optimising production and allow more efficient workflows, which means that more can be done with less people. http://www.digitalenergyjournal.com/n/BPs_Field_of_the_Future_moving_to_phase_three/92d96552.aspx#ixzz2KIvenHRm ITF: biggest subsea challenges are subsea processing and monitoring. ITF, the global technology facilitator for the oil and gas industry, has identified its key technology challenges for 2013 and is urging the industry to work together to solve the most pertinent issues. Following comprehensive feedback from ITF's members, challenges affecting production and subsea include annulus management, effective subsea processing, cost effective subsea monitoring, increasing reliability of electric submersible pumps and affordable sour developments. Issues affecting particular global regions have also been highlighted, namely produced water management in the Gulf Cooperation Council (GCC) and forecasting tropical cyclones and hydrodynamic modelling for oil spill response in Western Australia. ITF is also highlighting issues affecting downhole pressure and temperature monitoring in wells. http://www.digitalenergyjournal.com/n/ITF_biggest_subsea_challenges_are_subsea_processing_and_monitoring/e284b958.aspx#ixzz2 KIx60Dx4 New contracts and senior appointments for ROVOP in 2013. ROVOP has made a strong start to 2013 after expanding its management team and signing £3.5 million of contracts in January. The company, which provides subsea remotely operated vehicle (ROV) services, has bolstered its management team with the appointment of Moray Melhuish as commercial director, and strengthened its onshore resource by welcoming Mike Duffus as project manager. ROVOP is taking delivery this week of one of its new work class ROVs. The 150hp Schilling HD can operate at depths of up to 3000metres and will be displayed at the Subsea 2013 conference before immediate deployment on-board a customer's specialised flexible lay vessel. http://www.digitalenergyjournal.com/n/New_contracts_and_senior_appointments_for_ROVOP_in_2013/b59fbdba.aspx#ixzz2KIxTUeNF Innovations and achievements awarded in Subsea 2013 A host of successes within the subsea sector were celebrated last night at Subsea UK's seventh annual awards ceremony, which aims to recognise innovation and outstanding achievements across the UK subsea industry. EPC Offshore was awarded the evening's top honour, Subsea Company of the Year, sponsored by Brewin Dolphin. The Aberdeen-based company has experienced rapid growth since it was established in 2009, executing in excess of £20million worth of project management work in the past year alone, including landing a significant contract to select the optimum concept for the development of Hurricane's Lancaster Field, one of the most significant oil discoveries in the West of Shetland in recent years. http://www.digitalenergyjournal.com/n/Innovations_and_achievements_awarded_in_Subsea_2013/d409521b.aspx#ixzz2KIyADBJB New Name in Subsea Unveiled A new subsea oil and gas group, Harkand, chaired by oil and gas industry veteran Tom Ehret, is launching today with an ambition to grow to a turnover of $1 billion in the next five years. Following investment by Oaktree Capital Management in Iremis, Integrated Subsea Services (ISS) and their sister company Andrews Survey last year, the three names have merged to form one group focused on the fast-growing subsea inspection, repair and maintenance (IRM) market. Harkand aims to become a leading global name in subsea IRM focused on attaining the EIC SCOTLAND +44 (0)1224 626006, Fax +44 (0)1224 637393 1 Email: [email protected] Web: www.the-eic.com EIC Newsbrief – Scotland Feb 2013 highest standards in health, safety, quality and environmental performance and delivering excellent execution of projects. EnQuest’s £169 million GBP programme of investment for Thistle to deliver threefold increase in production EnQuest PLC, the largest independent UK oil producer in the North Sea, has secured a brownfield tax allowance to fully exploit its Thistle oilfield. The next phase in the life extension programme for Thistle, made possible by today’s announcement, will safeguard almost 500 existing North Sea jobs and create almost 1,000 new jobs across the UK oil and gas supply chain in Aberdeen, Newcastle, Manchester and Swansea over the next three years. EnQuest is among the first oil and gas operators to secure a brownfield tax allowance which is one of a series of measures the Government has put in place to stimulate investment in the North Sea. Decommissioning Body Shortlisted for Industry Collaboration award Decom North Sea (DNS), the offshore oil & gas decommissioning forum, has been shortlisted for a prestigious Offshore Achievement Award for its work with industry to improve decommissioning processes in the future. During much of 2012, DNS worked in collaboration with operators, contractors, consultants and regulators to formulate a standard template that will allow future decommissioning programmes to be prepared and assessed in a more consistent fashion. ITF Scores A Hat-trick of New Members ITF, the global technology facilitator, has signed three new members to its international group of oil and gas operators and service companies, who will work together to drive forward innovation and collaboration in the industry. CNR International (CNR), the International division of Canadian Natural Resources Limited (Canadian Natural), one of the world’s largest independent crude oil and natural gas producers, will join international service companies, Expro and FMC Technologies to the organisation’s growing list of prominent industry players. Fabricom Offshore Services marks one million man hour milestone without incident Fast-growing facilities engineering company, Fabricom Offshore Services, has marked a major safety milestone after recording one million man hours worked without a single reportable incident or Lost Time Incident (LTI). The achievement spans Fabricom’s five-year history as well as work carried out onshore and offshore across the UK Continental Shelf and Norway. Since Fabricom was established in 2007, the company has also grown from around 10 employees to more than 320. Fabricom, which has offices in Aberdeen, Newcastle and Teesside, is rapidly emerging as a leading provider of brownfield engineering, procurement, construction and project management services to the offshore oil and gas industry through consistent and robust delivery of a range of technical services and solutions through the life-cycle of assets. Global growth underpins Senergy’s strong performance for 2012 Increasing global demand for Senergy's specialist energy services has resulted in strong growth figures for 2012, as well as bolstering its international footprint. The company, which provides fully-integrated project and asset development services across the energy industry, reported that international business accounted for 55% of total revenue – up from 50% in 2011. Through expanding its global reach and client base over the past 12 months, Senergy worked on 1,460 projects across 84 countries, compared with 1,185 projects in 2011 across 78 countries. New offices launched during the year in Aberdeen, Edinburgh, Houston, Dubai and Bath reinforced Senergy’s growth. The company was also recently ranked in the Sunday Times 2012 HSBC International Track 200 league table as well as that of its 2011 Virgin Fast Track 100 of Britain’s fastest-growing privately owned companies. Proserv seals double North Sea contract wins Rapidly-evolving energy production technology services company Proserv has secured two major contract wins worth in excess of £15 million for work in the North Sea, further strengthening the company’s market-leading position in the subsea controls and communications field. The first deal is with TAQA for the control of subsea wells approximately 16.5km from the Tern platform in the Cladhan field. The second contract award is with another leading operator and also involves work to control the subsea wells. EIC SCOTLAND +44 (0)1224 626006, Fax +44 (0)1224 637393 2 Email: [email protected] Web: www.the-eic.com EIC Newsbrief – Scotland Feb 2013 EnQuest’s £169 million GBP programme of investment for Thistle to deliver threefold increase in production EnQuest PLC, the largest independent UK oil producer in the North Sea, has secured a brownfield tax allowance to fully exploit its Thistle oilfield. The next phase in the life extension programme for Thistle, made possible by today’s announcement, will safeguard almost 500 existing North Sea jobs and create almost 1,000 new jobs across the UK oil and gas supply chain in Aberdeen, Newcastle, Manchester and Swansea over