- 3t Energy Group acquires Petrofac’s UK training business
February 19, 2021
3t Energy Group has exchanged contracts with Petrofac on a major transformational acquisition for the purchase of its UK training centres. The purchase includes Petrofac’s Survival and Marine, Health and Safety, Fire, and Major Emergency Management capability and facilities in Scotland. The value of the acquisition is undisclosed.
The purchase adds marine training and further major emergency management capabilities to the Group. 3t Energy will now become a supplier to Petrofac for its in-person UK training requirements, which consolidates it as the UK’s largest provider of global energy training services.
The purchase of Petrofac’s UK training centres adds to 3t Energy’s existing ...
- Repsol Sinopec forms industry alliance to maximise recovery
February 16, 2021
Repsol Sinopec Resources UK Limited has formed an innovative partnership with energy service providers TechnipFMC and Petrofac, creating an industry alliance which seeks to maximise the recovery of oil and gas from the UK Continental Shelf (UKCS).
The partnership will offer the owners of oil and gas discoveries near Repsol Sinopec’s existing North Sea infrastructure hubs an integrated, technically robust and commercially flexible solution to meet their near to mid-term development objectives.
Under the terms of the partnership, TechnipFMC will deploy its iFEED® front-end engineering and design solution and its integrated subsea business model, iEPCI™, whilst Petrofac will provide all topsides engineering ...
- TÜV SÜD launches new oil and gas data analytics service
February 16, 2021
TÜV SÜD National Engineering Laboratory has launched a data analytics service to help oil and gas operators minimise flow meter downtime and maintenance, significantly lowering operating costs.
The total cost of calibrating an offshore flow meter is estimated to be in the region of US$50,000 or more, once all costs incurred are accounted for. Traditionally, irrespective of whether a flow meter is deviating from its required operating parameters it will be routinely scheduled for recalibration and operations stopped unnecessarily.
The new service will enable operators to move away from this time-based calibration approach to condition-based calibration, by using statistical modelling techniques to ...
- Apollo and Asystom form technology alliance
February 12, 2021
Apollo, a front end and through-life engineering and technology consultancy and Asystom, a specialist in universal smart monitoring for predictive maintenance, have announced a formal alliance to provide customers with an integrated asset management solution.
Apollo KnowHow is an industry-agnostic data management solution that helps clients manage their asset integrity efficiently from anomalies to work planning, through inspection, fabric maintenance and reviewing and reporting. KnowHow manages all equipment types including pressure systems, structures, subsea, Ex, dropped objects and practically any other equipment type in a single database, removing silo-based reporting.
The Asystom solution monitors and analyses any rotating machine and helps to ...
- ASCO secures West Africa contract wins
February 8, 2021
Global integrated materials and logistics management company, ASCO, has started 2021 with the announcement of two vessel monitoring contracts in West Africa, worth in the region of US$3.5 million.
Contracts include provision of ASCO’s fully managed vessel monitoring service for collision risk management, along with an entire field monitoring solution inclusive of design, procurement, installation, maintenance and monitoring.
The vessel monitoring service is just one of ASCO’s dedicated global marine services, offering clients a 24/7/365 global marine control service coordinated from a dedicated marine operation centre in Aberdeen. Read more…
- OPEX Group consolidates data analytics partnership with Dana Petroleum
February 5, 2021
An Aberdeen-based provider of data analytics and predictive technology solutions has entered into a long-term collaboration with North-Sea oil and gas operator, Dana Petroleum.
Having worked with OPEX Group previously, Dana has now entered into a three-year contract with two one-year options. As Dana’s data-analytics partner, OPEX Group will be applying its X-PAS analytics platform across the firm’s Triton and Western Isles FPSO assets.
Combining domain expertise in data science, software development and oil and gas, the X-PAS platform helps customers to make better use of their data so they can achieve cleaner, more efficient and lower cost operations. Read more…
- EnQuest to acquire equity interest in the Golden Eagle development
February 5, 2021
Independent oil and gas production and development company EnQuest has signed an agreement with Suncor Energy UK Limited to purchase Suncor’s entire 26.69% non-operated equity interest in the Golden Eagle area, for an initial consideration of US$325 million.
The area comprises the producing Golden Eagle, Peregrine and Solitaire fields, and will see the company add immediate incremental production of around 10,000 boepd, 18 million barrels to net 2P reserves and 5 million bbls to net 2C resources.
A four-well infill drilling programme is currently ongoing, with two of the four wells onstream. The programme is scheduled to conclude prior to completion of ...
- UK Government opens latest £11 million Energy Entrepreneurs Fund
February 4, 2021
Talented energy entrepreneurs have the chance to benefit from a share of £11 million government funding to turn their ideas into real products and services whilst eliminating carbon emissions.
Energy Minister Anne-Marie Trevelyan announced the latest round of the Energy Entrepreneurs Fund (EEF), which seeks to drive forward new clean technologies across all sectors of UK industry, supporting the UK to eliminate its contribution to climate change by 2050. This includes innovations that boost energy efficiency in people’s homes, reduce carbon emissions and develop green transport as well as sourcing cleaner and greener ways to generate power and heat.
Budding energy entrepreneurs ...
- ChampionX appoints its first general manager for Saudi Arabia
February 2, 2021
Oilfield technology group ChampionX has appointed Mohammed Al-Khalifa to the newly created role of general manager of Saudi Arabia to spearhead the region for further growth in 2021.
Mr Al-Khalifa brings more than 18 years’ oil and gas experience to the business, most recently holding the title of director business development & commercial at Wood plc, as well as prior senior roles across operations, engineering and project management at national oil company Saudi Aramco.
In his new position, Mr Al-Khalifa will play a central role in implementing the business’ long-term strategy and streamlining its current operations to support ongoing demand for its ...
- Flylogix announces strategic partnership with Oil Spill Response
February 2, 2021
Full-service unmanned aviation company, Flylogix, has entered into a strategic partnership with Oil Spill Response Ltd, to develop enhanced response techniques using long-range unmanned aerial systems (UAS).
The two-year development agreement will explore the benefits of using long-range UAS – operating beyond visual line-of-sight (BVLOS) – for spill identification, quantification and monitoring. This comes at a time when service providers, and their customers, are increasingly looking to reduce the movement of people and their offshore-related risk exposure, a situation magnified by the ongoing COVID-19 pandemic.
In consultation with the energy sector and other key stakeholders, including maritime search and rescue organisations, the ...