Pipeline Magazine - Blacksands Pacific
Transcription
Pipeline Magazine - Blacksands Pacific
contents Pipeline Oil & Gas Magazine | JANUARY 2015 GEOFOCUS: East Africa 20 NEW ENERGY PLAYER ON THE BLOCK East Africa is undergoing a major transformation to become a new world-class player on the energy market NEWS: Regional Air Liquide opens manufacturing hub in UAE EXCLUSIVE INTERVIEW: FEATURES: 10 Mexico The new engineering and construction manufacturing centre in Ras Al Khaimah helps the French firm address expanding markets in the Middle East Iraq settles internal oil dispute Corrosion 12 Unconventionals NEWS: International 16 BG Group will sell its wholly-owned subsidiary QCLNG Pipeline to Australia’s APA Group 37 Could a new industry-wide support network prove to be useful for crucial decision making for maximising output from ageing well and pipeline infrastructure? Iraq’s central government and the Kurdish Regional Government have finalised a deal over the distribution of oil exports and revenues BG Group sells Australian gas pipeline for $5bn 34 Santander Bank exec discusses involvement in executing Mexico’s new energy reform Total spearheads job creation in the UAE 18 We speak exclusively with Amer Al Shaikh, CEO of Total’s ABK, about its strong Emaratisation programme PROJECT UPDATE: Gazprom Neft signs closer ties with Vietnam FEATURES: Enhanced Oil Recovery 24 With maturing fields, industry needs to keep up investment in newest EOR methods BP maintains positive outlook 17 despite less energy demand Cables and Wires A mix of lower energy demand and less uncertainty over future oil supplies are growing opportunities in the oil and gas sector for subsea setting the stage for the longer term cabling services E-marine discusses the 40 Is the lure of conventional oil and gas still too strong in the Middle East? 48 Gazprom Neft has signed a number of agreements with Vietnam aimed at developing closer ties with the southeast Asian country TOOLS AND TECHNOLOGY: 30 Saudi Arabia ramps up technology R&D effort 50 Oilennium’s ConTrainer package receives top results 50 NEWS: Regional [MOROCCO] Woodside gets contract for offshore licence in Morocco Australia’s Woodside has agreed a contract with the Office National de Hydrocarbures et des Mines for an exclusive license known as the Rabat Ultra Deep Offshore in the underexplored Doukkala basin. The block, known as the Rabat Ultra Deep Offshore area, comprises an area of 36,737sqkm with water depths range from 1700m to 4400m. It is just west of the Rabat Deep I-VI permits in which Woodside previously acquired 25 per cent interest. Under the reconnaissance licence the programme will include a 2D seismic survey and studies. The 12-month licence is subject to Ministerial approval. 4 Pipeline JANUARY/2015 [EGYPT] [TUNISIA] Mazarine Energy signs contract for Tunisia drilling campaign Mazarine Energy B.V., a Dutch privatelyowned explorer, has announced that its subsidiary, Mazarine Energy Tunisia, has signed a drilling contract with Compagnie Tunisienne de Forage (CTF) for the use of the CTF- 4, a 2,000 horsepower onshore drilling rig for a two-well drilling campaign in the Zaafrane permit in central Tunisia. The spud date of the first well, Cat-1, is anticipated in late January 2015 and is planned within a year of 3D seismic data acquisition. www.pipelineme.com Egypt to import LNG from Algeria in 2015 Egypt’s oil ministry said that it will import six cargoes of liquefied natural gas (LNG) from Algeria between April and September next year. The contract was signed in Algeria at the end of 2014, the ministry said in a statement. It gave no details about the size of the cargoes or the price agreed. Egypt finalised a longdelayed deal last month with Norway’s Hoegh LNG for a floating storage and regasification unit that will allow it to import LNG. The expected launch date is now the end of March 2015, which means the terminal should be in place in time to receive the first Algerian cargo. Solids Control [IRAQ] SHAKERS AND SCREENS Second discovery made in southern Kurdistan block Total has made a second discovery at the Marathon Oil-operated Harir Block in Iraqi Kurdistan, the company announced. Located 60 km from Erbil, the Jisik-1 discovery well was drilled to a depth of 4,511m and encountered light oil and gas with condensates intervals in Jurassic and Triassic carbonate reservoirs. The Jisik discovery follows from Mirawa-1, announced by the French oil major on October 30, 2013. Total said that the ongoing appraisal of the discoveries at the Harir and Taza blocks will allow it to identify options for development, said Marc Blaizot, senior vice president, Exploration at Total. “We are continuing exploration works on the Total-operated Safen and Baranan Blocks, with additional wells planned for 2015,” he said. [KUWAIT] Kuwait going ahead with heavy oil projects Kuwait plans to spend about US$7 billion to develop heavy oil fields in the country. The first phase of the Lower Fars heavy oil project will cost $4.2 billion, Hashem Hashem, chief executive officer of stateowned Kuwait Oil Co. (KOC), said at a conference in Kuwait City. KOC, which plans to drill 900 wells and pump 60,000 barrels a day by 2018 in the project’s first phase, targets output of 180,000 bpd by 2025 and 270,000 bpd by 2030, Hashem added. [OMAN] Tethys suspends exploration well in block [SAUDI ARABIA] EnerMech and Abdulla Fouad Group enter JV EnerMech Ltd has signed a joint venture agreement with Abdulla Fouad Group (AFG) to support the growth of its operations in Saudi Arabia. This arrangement follows AFG’s acquisition of Shoabi Group’s oil and gas agencies, joint ventures and facilities which was announced in October. Based in Al Khobar, EnerMech’s Saudi Arabian operation provides crane, hydraulics, valves, process, pipelines and umbilicals (PPU), lifting and inspection services, equipment rental and specialist training to the Saudi Arabian energy sector. AFG chairman Sheikh Abdulla Fouad said: “This agreement further strengthens our footprint in the oil and gas sector and we are delighted to collaborate with EnerMech and jointly develop the business in Saudi Arabia.” AFG will facilitate EnerMech’s Saudi Arabian operations and provide essential technical support and marketing services under the agreement. Sweden’s Tethys Oil reported that it had suspended working on the exploration well LE-1 in the eastern part of Block 4 onshore in Oman. Further studies will be needed as oil samples from the well, indicate the presence of medium light oil, which suggests that a petroleum system may be active also in the eastern region of Block 4. With no previous well data in this area, LE-1 has given important new data of the area’s lithology which will necessitate a reinterpretation of the seismic data previously collected. Once the seismic reinterpretation is completed the work programme for the area will be assessed also for other well locations. Tethys Oil AB, through its wholly owned subsidiary Tethys Oil Block 3 and 4 Ltd, has a 30 per cent interest in Blocks 3 and 4. Partners are Mitsui E&P Middle East B.V. with 20 per cent and the operator CC Energy Development S.A.L. holding the remaining 50 per cent. MONGOOSE PRO MD-2 MD-3 The perfect fit Whatever your solids control needs, the M-I SWACO portfolio of shakers and screens offers the perfect combination to meet them. Choose the dual-motion MONGOOSE PRO† shaker for operational flexibility, or the MD-2† dual-deck shaker for high-capacity, high-efficiency operations. In advanced applications the compact high-capacity MD-3† triple-deck shaker is the ideal choice. Together with our patented DURAFLO† composite screen, our portfolio improves your solids control performance while reducing costs. miswaco.com/solidscontrol † Mark of M-I L.L.C. www.pipelineme.com :: INFORMING ENGINEERS. SUPPORTING PROCUREMENT. SERVING THE ENERGY INDUSTRY :: Publisher: Nick Ornstien Sales Director: Scott Woodall Sales Manager: Raed Kaedbey Sales Executive: Rafiq Sayyad Editor: Julian Walker Staff Writer: Emran Hussain Contributors: Ian Anderson Jamie Walker Group Marketing Manager: Shelly McDonald Art & Design: Alden Guevarra Jezreel Araos Subscriptions: [email protected] Advertising: PO Box 500643, Dubai, UAE Tel: +971 4 3910830 Fax: +971 4 3904570 [email protected] www.pipelineme.com Advertising: [email protected] Marketing: [email protected] Editorial: [email protected] Design: [email protected] Printed by: United Printing and Publishing For information on submissions, please contact the editorial team at the address above. Welcome to our first edition of 2015. We look forward to bringing you the latest news and developments in the oil and gas industry as we go through, what should be another crucial year for the sector. The end of last year really brought extra scrutiny on the whole oil and gas industry as the price of Brent crude, which, as we went to press was below US$60, has seen a big fall of 50 per cent since June 2014 on the back of sluggish global demand and rising production from the US. The direct impact of the falling oil price on the political/economic landscape around the world will be played out in 2015 and all eyes will be on OPEC in the early part of the year. The cartel’s secretary general in mid-December remained sternly against any attempt to shore up plunging oil prices by reducing production. He also made it clear the decision was not targeted at undermining other oil producers, such as the US, Iran and Russia. Predictions are always hard to make but prices are set to fall further before hitting a balance and oil ministers from OPEC’s Gulf members have made comments that suggest that they are willing to wait as long as six months to a year to see the market stabilise. One bit of good news for the industry during December was that Iraq finally secured an oil agreement between the country’s central government and the Kurdish Regional Government. Both put their long-running dispute over oil exports behind them and agreed a deal over the distribution of oil exports and revenues. The decision by Russian President Vladimir Putin to cancel the South Stream pipeline project that was going to bring Russian gas to Europe via a pipeline network under the Black Sea, coupled with decisions to build a pipeline to Turkey instead, is going to play merry havoc with Europe’s energy security landscape. The much-anticipated Oil Barons Charity Ball will take place at Meydan Racecourse on Friday, March 6th in Dubai. Now in its twelfth year the Ball has become a major event for the oil and gas industry. Read more on p45 and learn how you can win tickets to the Ball. We have a busy year ahead at Pipeline Magazine e as dmg events have a busy schedule of energy events here in the region and around the globe. In the Middle East, alongside ADIPEC, we will host the International Refining and Petrochemical Conference (IRPC) in June in Abu Dhabi and in late November, Bahrain will be home to the Middle East Heavy Oil Congress. We will be covering all these events extensively through-out the year. Julian Walker is a DMG World Media company © Copyright 2015. All rights reserved. Reproduction without permission is prohibited. Editor PIPELINE ONLINE – www.pipelineme.com Official Publication: Audited by: BPA Worldwide Audited Average Monthly Circulation: 7,997 October - December 2012 For the latest industry news, features and interviews please check out the Pipeline website. Also do subscribe to our twice-weekly e-newsletter. We are also on social media through LinkedIn at Pipeline Magazine Group and on Twitter- details below: Follow us on twitter.com/pipelinetweets SUBSCRIBE ONLINE TO THE DIGITAL ISSUE ENERGY IN FOCUS 8 Pipeline JANUARY/2015 www.pipelineme.com WOM 13-5/8” 5K BOP Stack 5K Psi MPD Manifold in DNV frame Worldwide Oilfield Machine (WOM) is a globally recognized multinational established in 1980 with headquarters in Houston, Texas with group companies strategically located worldwide with manufacturing facilities, engineering centers, sales offices and assembling/testing facilities. The WOM group of companies are all vertically integrated enhancing the quality control of each process to supply the world with efficiently manufactured products to support the oil and gas industry for surface and subsea applications. Magnum Technology Center is a wholly owned member of the WOM group of companies which designs and manufactures complete equipment packages for Well Testing & Production and Managed Pressure Drilling services for both onshore and offshore applications. All packages are designed to work seamlessly together whilst giving operators the flexibility to adapt. For further details please contact: Mr Mahesh Mithran - General Manager Mr Arun Joseph - Regional Sales Manager Tel: +971 4 8163 600 Email: [email protected] For further details please contact: Mr Brian Finnigan - General Manager Mr John Sajeev - Sales and Procurement Manager Tel: +971 4 8163 600 Email: [email protected] NEWS: Regional Air Liquide opens manufacturing hub in UAE NEWS IN BRIEF Oryx updates Demir Dagh Canada’s Oryx Petroleum provided an update on its Demir Dagh oilfield in Kurdistan Region of Iraq and said gross production for the field for the end of the year is estimated at about 15,000 bpd. Oryx said it was working with the Kurdish government to organise deliveries of oil taken from the oilfield by truck to a crossing point for a Turkish pipeline. They are on track to tie into that pipeline directly by early 2015. Oryx Petroleum´s chief executive officer, Michael Ebsary, stated: “The excellent progress with our development drilling and facilities construction at the Demir Dagh field continues and we remain on track to have the productive capacity to meet expectations for 2014 and 2015.” Dignitaries tour the newly opened Air Liquide facility Air Liquide inaugurated its new engineering and construction manufacturing centre, in Ras al Khaimah in the UAE in early December. The facility helps the French firm address its expanding markets in the Middle East and in the rest of the world. The inauguration was attended by the Ruler of Ras al Khaimah His Highness Sheikh Saud Bin Saqr Al Qasimi, Air Liquide CEO and chairman Benoit Potier and the French Ambassador to the UAE His Excellency Michel Miraillet. The state-of-the-art facility, which includes a 33,000 sqm workshop, is located in Ras Al Khaimah Free Zone a strategic spot that is close to Dubai and near to the Strait of Hormuz. The site also importantly has direct sea access allowing direct loading of equipment on barges on a private and exclusive jetty, which shall offer more flexibility and agility to meet Air Liquide’s customers’ needs. The plant will deliver high-quality proprietary cryogenics plant equipment, such as cryogenic columns and cold boxes. It is designed to produce equipment for very large Air Separation Units and modules, a unique capacity among Air Liquide’s manufacturing centres, both for the Air Liquide group and external customers. 10 Pipeline JANUARY/2015 The centre joins Air Liquide’s two other global manufacturing hubs in France and China to make up the company’s global offering. Establishing a hub in the UAE looks to strengthen Air Liquide’s local presence and development for the whole Middle East and Africa. The manufacturing facility is equipped with the latest technological solutions such as lean manufacturing, advanced automation of the manufacturing tasks, continuous and linear fabrication, as well as IT tools to track production.` Potier in his speech during the inauguration said: “This opening is a real milestone for Air Liquide. It is our most advanced manufacturing centre and allows us to address many more markets. It makes up the final piece in our triangle of centres that provides the basis for our global offering.” The French Ambassador commented: “That this investment in RAK helps expands Franco-UAE relations. It also demonstrates a great confidence in the UAE economy and will provide support for UAE industry.” The centre in RAK has been operating since September 2014 and there were around 62 highly-skilled permanent staff on-site as of October 2014. The first air separation unit is being built for a client in Qatar and should be shipped in 2015. www.pipelineme.com Lamprell sells onshore business to Indian firm Lamprell has entered into an agreement for the sale of one of its onshore service businesses, Litwin PEL, to India’s Nauvata group of companies for US$3 million. Litwin is an engineering and minor EPC contracting company that serves the oil and gas, chemical and petrochemical sectors in Abu Dhabi. Lamprell will use the proceeds from this disposal to support general working capital requirements on its core business streams. Earlier this year, Lamprell sold its services division, International Inspection Services, for $66.2m to UK-based Intertek Testing Services Holdings. Key Saudi energy body headed for UAE renewable energy summit A high level delegation from Saudi Arabia’s energy sector is expected to attend the World Future Energy Summit (WFES) in Abu Dhabi in January, it has been announced. As part of the WFES conference agenda, Saudi Arabia, the world’s top oil exporter, will be central to a discussion of how to connect industry and technology with opportunities in growth markets across the Middle East and Africa. Next generation Epoxy Passive Fire Protection 6DYHVWLPH6DYHVPRQH\ š Reduces installation cost š )DVWHUSURMHFWFRPSOHWLRQ š1RFRVWRIPHVK š1RFRVWIRULQVWDOOLQJPHVK š 3RWHQWLDOVLQJOHFRDWDSSOLFDWLRQ š )HZHULQVWDOODWLRQGD\V š5HGXFHGODERXUFRVWV š/HVVPDQKRXUV jotun.com NEWS: Regional Opec refuses to reduce oil output The Organisation of the Petroleum Exporting Countries (OPEC) decided at its annual meeting in Vienna in November that it would not cut its production ceiling in the face of collapsing oil prices. Crude oil prices have fallen 30 per cent since June due to sluggish global demand and rising production from the US. This has led to less well-off cartel members trying to push for a reduction in production by 1 million bpd but this was opposed to by Gulf countries such as Saudi Arabia and Kuwait who resisted calls to cut output. In the end, the group agreed to maintain output at 30 million barrels per day as had been originally agreed in December 2011. OPEC accounts for a third of the world’s oil sales. OPEC’s secretary general Abdallah Salem el-Badri said they would not try to shore up prices by reducing production. “There’s a price decline. That does not mean that we should really rush and do something,” he said “We don’t want to panic. I mean it. We want to see the market, how the market behaves, because the decline of the price does not reflect a fundamental change,” he added. Iraq settles internal oil dispute Iraq’s central government and the Kurdish Regional Government (KRG) have put a long-running dispute over oil exports behind them and finalised a deal over the distribution of oil exports and revenues. Under the terms of the deal, the KRG will send 550,000 barrels of oil every day to the Iraqi oil ministry. The agreement stipulated that 250,000 bpd will be drawn from its fields around the city of Erbil, while 300,000 bpd will be taken from northern fields near the disputed city of Kirkuk to Turkey via a pipeline that runs through Kurdish areas, where it will be handed over to the Iraqi national State Organisation for Marketing of Oil (SOMO). In exchange, the KRG will receive a 17 per cent share of the national budget, plus an additional US$1 billion in monthly instalments to help pay Kurdish peshmerga fighters battling the Islamic State militants. Iraq’s Prime Minister Haider al-Abadi came to power in September and the Kurds gave him three months to resolve the oil dispute or they would boycott his government. In November, they agreed to sell 150,000 bpd to the central government in return for a one-off payment of $500 million. In a television interview broadcast, Abadi said it was in both sides’ interest to reach an agreement. “If we insist on being stubborn we will have a lose-lose situation because the Kurds will not be able to 12 Pipeline JANUARY/2015 NEWS IN BRIEF Dragon Oil drops bid for Petroceltic Dubai-based Dragon Oil has dropped its £492 million (US$772 million) takeover bid for Irish player Petroceltic International, following the sharp fall in oil prices in recent months. “Dragon Oil now confirms that, in the light of prevailing market conditions, it no longer intends to make an offer for Petroceltic,” the firm said in a statement. Dragon Oil who is listed in London, had made a 230 pence-a-share cash offer for London-listed for Petroceltic in October. The cancellation of the takeover deal means that Dragon Oil, which is 54 per cent owned by the Dubai government, will have to look elsewhere to help diversify its assets away from its main operations in Turkmenistan. Masirah commissions seismic survey in Oman Iraq Prime Minister Haider al-Abaidi export any oil and we will not receive one barrel from the north,” he said. Iraq’s Oil Minister Adel Abdul-Mahdi said in a televised statement that joint committees will be formed to follow up with the implementation of the agreement and address any lingering issues The US the State Department congratulated Baghdad and the Iraqi Kurdish regional authorities on the deal. “This agreement will further strengthen both Iraq’s federal government and the Kurdistan Regional Government as they work together to defeat ISIL,” said deputy spokeswoman Marie Harf. www.pipelineme.com Masirah Oil has commissioned a new 3D seismic survey to be carried out over offshore Block 50 off Oman. The survey would be conducted by Dolphin Geophysical using its vessel Artemis Arctic and has been scheduled to be completed within 45 days following mobilisation, the company said. Masirah Oil chairman Hans Lidgren commented: “The data collected will help increase our understanding of the geology in the area and provide more information for the use of Rex Virtual Drilling to select prospects for our planned multi-well exploration drilling programme in 2015 and 2016.” RAK Petroleum increases stake in Ivory Coast block RAK Petroleum has increased its stake in an offshore block in Ivory Coast as the company seeks to boost its holdings in Africa. The UAE firm’s stake in Block CI-27 has risen to 9.1 per cent via a US$10.6 million investment through Foxtrot International, who bought the stake held by Energie de Cote d’Ivoire. Foxtrot International is the operator of the block, and now holds a 27.5 per cent interest in the block. NEWS: International [CANADA] BP begins very first on-site oil sands project BP has begun operations at the Sunrise Phase 1 in-situ oil sands project in Alberta, Canada, with the start of steam generation. Husky Energy is the operator of Sunrise, a 50/50 joint venture with BP. Sunrise is being developed using steam assisted gravity drainage (SAGD), oil well technology which warms the underground bitumen (heavy oil) layers until warm enough to flow. Oil production is expected in the first quarter of 2015. “Sunrise first steam is a landmark for us in 2014, our sixth major project start-up this year, our very first in-situ oil sands operations and a longlife asset which should give us steady production for decades,” said Lamar Mckay, chief executive, BP Upstream. [FRANCE] [US] KBR to reorganise into three businesses Global engineering, construction and services company KBR announced the results of a major Strategic Review which envisages the company becoming a more streamlined organisation with three strategic focus areas: consulting, technology, engineering and construction and government services. As a result of the review, the company will divest nonstrategic businesses in order to reduce annual operating costs to US$200 million by 2016. 14 Pipeline JANUARY/2015 Technip faces CGG rejection [HOLLAND] Qatar extends petchems marketing reach with Holland HQ Muntajat or Qatar Chemical and Petrochemical Marketing and Distribution Company, has inaugurated its headquarters in The Hague, Netherlands, trading under the Muntajat B.V. name. Gas-rich Qatar is investing billions of dollars in its chemical and petrochemical sector until 2020 as part of its economic diversification strategy with the aim to increase its global market share in the chemicals and petrochemicals industries. www.pipelineme.com Technip said that it has decided not to proceed with its offer to acquire seismic survey firm CGG as the latter found Technip’s follow up offer to its initial November 10 approach to not be good value for its stakeholders. Although it has previously maintained its openness to being “open to dialogue” with Technip, CGG has now struck a more independent tone. Following its rejection of Technip’s subsequent offer, CGG has sought to put a somewhat positive spin on the short-term as an independent company. “CGG remains confident in the ongoing execution and the success of its strategy as an independent company. CGG is showing a solid resilient operational performance as highlighted in the third quarter results,” the company said on its website. NEWS: International [CHINA] KUFPEC signs exploration deals with CNOOC Kuwait Foreign Petroleum Exploration Company (KUFPEC) has signed three offshore production sharing contracts with China National Offshore Oil Corporation (CNOOC) for blocks in the South China Sea. The agreements cover Blocks 52/22, 52/26 and 63/13 that are all located in the Yinggehai Basin of the South China Sea. According to the terms of the PSCs, CNOOC will be the operator of the three blocks. Expenditures incurred during the exploration period will be borne by CNOOC and KUFPEC at 20 per cent and 80 per cent of participating interest, respectively. [CONGO] Eni successfully completes production test of Minsala well Eni has successfully completed the production test on the Minsala Marine 1 NFW, located in the Marine XII Block offshore Congo, 35 km from the shoreline and 12 km from the recent Nené Marine discovery. During the production test the well delivered in natural flow in excess of 5,000 bpd and 14 mscf of gas per day from an opened section of 37m out of the 420m oil column identified in the discovery. The oil quality is 41 degrees API. Eni preliminarily estimates the potential of Minsala Marine discovery to be about 1 billion barrels of oil equivalent in place, of which 80 per cent is oil. The company has scheduled an appraisal plan for the discovery and has begun studying the commercial development of its significant hydrocarbons reserves. [ANGOLA] ‘Disappointing’ Angola well forces Statoil rig work halt [NEW ZEALAND] Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola. Statoil said that the first well results from the area have been disappointing but it believes the basin still holds potential, particularly in Statoil’s acreage. Statoil believes that more time is needed to evaluate the well results and mature new prospects before deciding on future activities. Statoil is participating in eight commitment wells across five blocks in the Kwanza basin. New block award signifies ONGC Videsh’s first entry into New Zealand Indian state-run oil company ONGC Videsh has won an Exploration Block- 14TARR1 in New Zealand in the Bidding Round Block Offer-2014. The bidding round was launched in April 2014 offering five offshore and three onshore release areas. ONGC Videsh submitted a bid for one exploration block located in the Taranaki offshore basin in October 2014. www.pipelineme.com Pipeline JANUARY/2015 15 NEWS: International BG Group sells Australian gas pipeline for $5 billion BG Group has agreed to sell its wholly-owned subsidiary QCLNG Pipeline to APA Group, Australia’s largest gas infrastructure business, for approximately US$5 billion. Andrew Gould, interim Executive chairman of BG Group, commented: “We are pleased to have entered into an agreement for the sale of this high-quality infrastructure with a bidder the calibre of APA Group. “The sale of the QCLNG pipeline is in line with our strategy to focus on BG Group’s core areas of oil and gas exploration and production and LNG. The Welding a section of main gas pipeline on the QCLNG project, Queensland, Australia timing reflects QCLNG’s advanced stage of development; we are now on the verge of delivering the world’s first large-scale project using natural gas from coal seams as a feedstock for LNG,” Gould said. The sale is conditional on the start of commercial LNG deliveries (post commissioning) from the QCLNG export facility at Gladstone and on partner consent. BG Group and its partners have firm capacity rights in the pipeline for 20 years, with options to extend. QCLNG Pipeline owns a 543 km, large-diameter underground pipeline network linking BG Group’s natural gas fields in southern Queensland to a twotrain liquefied natural gas (LNG) export facility at Gladstone on Australia’s east coast. The sale of the asset is part of BG Group’s strategy to actively managing its global asset portfolio by reducing debt levels and fund future growth. The pipeline was constructed between 2011 and 2014 and has a current book value of $1.6 billion. Tariffs payable on the pipeline are set to provide a fixed rate of return on the asset base with the primary tariff components escalating annually with US inflation indices, BG Group said. By the end of 2016, the pipeline tariff is expected to deliver to APA Group earnings of approximately $390 million. ConocoPhillips reduces 2015 capital budget by 20% ConocoPhillips has revised down its 2015 capital budget to US$13.5 billion, a decrease of about 20 per cent from 2014 levels due to major international projects nearing completion and the company’s decision to hold back on “significant” spending on North American unconventional plays. “We are setting our 2015 capital budget at a level that we believe is prudent given the current environment,” said Ryan Lance, chairman and chief executive officer. “This plan demonstrates our focus on cash flow neutrality and a competitive dividend, while 16 Pipeline JANUARY/2015 maintaining our financial strength. We are fortunate to have significant flexibility in our capital programme. Spending on several major projects has peaked and we will get the benefit of production uplift from those projects over the next few years. In addition, we have significant identified inventory in the unconventionals, where we also retain a high degree of capital flexibility.” Despite the lower investment level, the company said that it expects to achieve approximately 3 per cent production growth in 2015 from continuing operations, excluding Libya. www.pipelineme.com NEWS IN BRIEF South Stream pipeline dropped In December Russia announced during a visit by Vladimir Putin to Turkey that the South Stream pipeline project that was going to bring Russian gas to Europe via a pipeline network under the Black Sea would now not be going ahead. Putin blamed the EU for stalling the project and Russia will now look to increase gas supplies to Turkey and a new gas hub could be built on the Turkish-Greek border that would supply Europe. The South Stream project was funded by Russia’s state gas giant Gazprom and the pipeline was to have run under the Black Sea to southern and central Europe, providing another transit route for Gazprom. First oil from Jack/St. Malo project in GoM Chevron Corp. and its partners have begun crude oil and natural gas production at the Jack/St. Malo project in the Lower Tertiary trend, deepwater US Gulf of Mexico. The Jack and St. Malo fields are located within 40 km of each other in approximately 7,000 feet of water in the Walker Ridge area, approximately 450 km south of New Orleans, Louisiana. The field’s semi-submersible floating production unit is the largest of its kind in the Gulf of Mexico (GoM). They were co-developed with subsea completions flowing back to a single host, semisubmersible floating production unit located between the fields. They have a production capacity of 170,000 barrels of oil and 42 MMcfd, with the potential for future expansion. Total production from the two fields is expected to eventually ramp up to 94,000 boepd. Co-owner, Statoil’s expected production from the combined fields is about 23,000 bpd at peak production. FEATURE: International outlook despite less energy demand A mix of lower energy demand, less uncertainty over future oil supplies and a rebalancing of IOC-NOC collaboration in projects around the world are setting the stage for the longer term, according to BP’s top strategist. Dev Sanyal, executive vice president Strategy and Regions at the British oil giant, said that despite expecting a ‘strong’ growth in worldwide energy demand for the next 20 years, it would likely be 40 per cent rather than the 50 per cent seen in the past two decades. “That is the equivalent of another US and another China in terms of consumption. That growth is almost all accounted for by the non-OECD world,” he said. Speaking at a conference in London in December, Sanyal explained how the growth of global oil reserves have continued to outpace consumption so far. This is especially true in the current market environment where demand has cooled amid a slowing down of key consuming economies in Asia. “When I started in this industry in 1989, the world’s proved reserves of oil amounted to around one trillion barrels. Since then we have consumed around 700 billion – but the reserves have grown to nearly 1.7 trillion. It is a similar story with gas. Already booked reserves represent enough oil and gas for more than 50 years of consumption at today’s rates and we know there are many more resources out there. “There are massive shale and tight oil and gas deposits, worldwide. There are the vast oil sands of Canada and heavy oil in Venezuela as well as the undiscovered resources of the Arctic. And these new resources may be outnumbered by the extra oil we can recover from already discovered fields due to new enhanced oil recovery techniques. Typically the industry has expected to recover only 35 per cent of the oil in a field – but now we are looking at rates of around 60 per cent in places such as Prudhoe Bay in Alaska.” He also highlighted that after a relative period of pursuing separate but parallel oil and gas projects, international oil companies (IOCs) like BP and state-run national oil companies (NOCs), are increasingly finding ‘complementary’ synergies. This is in terms of the acreage and other assets mostly held by NOCs and technological knowhow of IOCs. www.hi-force.com www.pipelineme.com www.hi-force.com Pipeline JANUARY/2015 17 INTERVIEW: TOTAL TOTAL T SPEARHEADS JOBS FORR UAEE NATI A ONALS P ipeline Magazine e speaks exclusively to Amer Al Shaikh Ali, CEO of Total Abu Al Bukoosh (ABK) about its strong Emiratisation programme that is channelled through Total ABK- VEDC Academy, writes Julian Walker. Total has been in the UAE since 1939. last year marked the 40th anniversary of the starting of production of the Abu Al Bukoosh field in July 1974. “We take seriously our contribution as an oil and gas major to the development of the UAE. We are the only major who operates a field in Abu Dhabi, Abu Al Bukoosh. We have a lot of expectations from the Supreme Petroleum Council (SPC) and ADNOC,” says Amer who has been the CEO of Total’s ABK since 2011. One way is the development and implementation of new technologies in the UAE, according to Amer. “If I look at what contribution we have made at ABK in the last 40 years, in terms of technology, the ABK field is the most advanced in terms of oil recovery and adding reserves. ADNOC considers us as an example of what future oilfields in Abu Dhabi would be like,” he adds. One of Total ABK’s main contributions is through their strong Emiratisation programme and the development of Emiratis. “At Total ABK we have a very ambitious Emiratisation programme. We are working to Emiratise senior positions from university graduates. We have been quite successful so far,” he says. In 2008 the Abu Dhabi-based Total ABK-VEDC Academy was established, in collaboration with SPC, ADNOC and the Vocational Educational Development Centre which hosts the academy on its own campus. It was set up to develop young Emiratis and provide them with a great opportunity to gain solid grounding Amer Al Shaikh Ali 18 Pipeline JANUARY/2015 www.pipelineme.com INTERVIEW: TOTAL in the skills and experience needed to enter the oil industry as offshore operators and maintenance technicians. “We are the only oil and gas major here that has an academy. This has only been possible thanks to our strong partnership and full support of the SPC and ADNOC.” The demand for Emirati qualified technicians is huge. The main goal of Total ABK-VEDC Academy is to give Emirati’s an opportunity to enter the oil and gas industry. He explains: “We decided from the start to have a smooth, continuous integration of the academy into the oil and gas industry. We provide them two and half years of training. When they graduate the main objective is for them to be employable in the oil and gas industry.” The Academy’s programme in the first year focuses mainly on workshops, labs and theory. The next one and half years is ‘on-the-job training’. During this time, students spend three weeks in the Academy, three weeks offshore on site and three weeks rest. This approach is unique for the region, and lets students experience real site experience, according to Amer. “By going on site they know the conditions they will be working in. These students really love it. Around 50 students have now graduated and are now contributing to the development of the UAE,” he says. Over the years the Academy has grown in size and scale. At the start there were around 15 students; today it has around 75 students. 2011 saw the first graduation batch. Since then, every year the academy has seen new graduates. 2014 saw 20 graduates in January and next year Total ABK plans to graduate 23 students. “We aim to provide all our graduates with jobs. All the graduates have been employed by Total Al Bukoosh but also by SPC companies, namely ADOC and Bunduq, and ADNOC Group of Companies, namely ADMA.” He says: “Our academy has been a real success. We have a 100 per cent success rate with the employability of all our graduates with all 50 now all employed.” “It has been tremendous to see the development of the Academy over the years. We started small, but have built on our success, and expanded slowly but progressively. The Academy is really one of the pillars of our commitment to the sustainable development of the UAE.” Total affiliate, Total ABK has been operating the Abu Al Bukhoosh field offshore Abu Dhabi since 1974 www.pipelineme.com Pipeline JANUARY/2015 19 GEO FOCUS: East Africa EAST AFRICA LOOKING TO BECOME NEW ENERGY PLAYER East Africa is pioneering oil and gas discoveries and coupled with accelerated growth of hydrocarbon production, the region’s attractiveness for investment transpires, yet setbacks remain ahead says IHS in a report E ast Africa is undergoing a major transformation to become a new world-class player on the energy market. By 2025, the region is expected to experience an incremental production growth of nearly 1 million barrels of oil equivalent per day (boepd), led by Mozambique and Tanzania. With the highest number of gas discoveries between 2010-2013 in East Africa, accounting for more than 25 per cent of added reserves worldwide - and as the largest contributor, with over 50 per cent of total regional M&A (mergers and acquisitions) value in 2013 - the region comes to the fore of international openness to investment, boosting its attractiveness and competitiveness, according to new analysis from IHS. Despite the high potential for further growth, East Africa has suffered major setbacks with lack of local infrastructure in place, institutional capacities, regulatory framework and an adverse geopolitical situation overall. “East Africa is the new hot spot”, says Stanislas Drochon, director Africa oil and gas at IHS Energy. “The region is going through a major transformation and it has huge potential to play a crucial role in driving the region’s future growth, while still operating in a risky business environment where the regulatory framework and infrastructure are not in place.” Drochon says that the regulatory framework and lack of institutional capacities in a context of very high expectations for socio-economic transformation will not only bring challenges for a growing role of large IOCs (international oil companies), but also for governments within the region. 20 Pipeline JANUARY/2015 Offshore exploration in East Africa Pioneering gas discoveries Over the past five years, Mozambique and Tanzania have seen the region’s most significant gas discoveries, with more than 80 per cent of them located in Mozambique. “East Africa remains under exploration and there is more to be discovered, including in other countries such as Ethiopia or Comoros, but there is more to be done,” Drochon believes. “The large infrastructure developments and financing are crucial to ensure that all the investments can materialise. The development of gas reserves and associated power generation are necessary to support the transformation of the region, by providing cheaper and reliable energy, key conditions currently missing for the industrialisation of the region.” www.pipelineme.com Hydrocarbon production on the rise Within the next decade, East Africa, driven by LNG projects in Mozambique and Tanzania, is expected to form the largest hydrocarbon production, accounting for nearly 1 million boepd, according to IHS Energy. Additionally, by the end of the decade, landlocked Uganda is also expected to contribute to this growth. “Gas and LNG production will become a dominant revenue generator in East Africa. The accelerated growth in the gas sector will outsize the previously important coal sector, but we are unlikely to see an immediate increase in employment opportunities and local supply chain expansions,” says Natznet Tesfay, head of Africa at IHS Country Risk. “The massive investment followed by the infrastructure Fast Track Asset Development 2LO*DV3URGXFWLRQ)DFLOLWLHV 5H¿QHULHV 6WRUDJH TUDQVSRUWDWLRQ Pyramid E&C provides hydrocarbon asset development services covering all stage of project, starting from feasibility studies to Engineering, Construction and Operation. We offer several delivery models to suit project requirements, ranging from package supply to Turnkey EPC or Build, Own, Operate. Pyramid E&C offers standard modular process units as well as pre engineered site solutions for rapid designed to minimize the site work, further the units can be easily relocated. Certain process units are readily available while others are pre-engineered and critical items are stocked to minimize delivery time. With comprehensive in-house facilities of Engineering, Procurement, Fabrication and Construction Management, Pyramid E&C is in a position to deliver hydrocarbon asset development solutions in the most competitive manner. Oil & Gas Extended Well Testing Unit Early Production Facilities Central Production Facilities Offshore Production FPSO Platforms Topside MOPU Topside Hydrocarbon Storage & Biofuels Petrochemicals Transportation Solutions Field Diesel Units Crude Topping Plants Modular Refineries Compact GTL Petrochemical Units LPG Storage & Bottling Tanks Farms Ship Loading Facilities Cross Country Pipelines Compression Stations Bio Diesel Plants Bio Ethanol Plants Ethanol Dehydration Units United Kingdom UAE India Pyramid E&C LTD. Pyramid E&C FZE 31st Floor, JBC1, Cluster ‘G’, Jumeirah Lake Towers P. O. Box 643857, Dubai Tel. : +971 4 363 5200 Fax : +971 4 421 4351 4th Floor, Hamilton ‘A’ Wing 1000, Great West Road Brentford, Middlesex, TW8 9HH United Kingdom. Tel. : + 44 203 675 8980 Fax : + 44 208 587 1760 E mail : [email protected] Hiranandani Business Park, Thane (W), Mumbai, Maharashtra, India- 400 607 Tel. : + 91 22 4093 1000 Fax : + 91 22 4093 1001 www.pyramidenc.com GEO FOCUS: East Africa boom will transform the northern Mozambican provinces, allowing the local governments to get involved. We expect that this will facilitate and attract the entry of foreign investors, exploring not only the opportunities in the energy sector, but also other areas, such as chemical, power, manufacturing and mining. The transformation of East Africa, however, will set its own pace”. “East Africa represents the primary opportunity sector for M&A activity. In the past four years, the top three largest M&A deals in the region were in Mozambique with the transactions done by Asian based NOC’s (national oil companies),” says Drochon. As African growth is expected to remain strong for the next 10 years, the new East African gas discoveries and growth in incremental hydrocarbon production will Openness to investment triggers M&A activity According to the IHS Petroleum Risk Manager Indicator, more than one third - 26 out of the 71 countries - rated with a top score for international openness to investment, are located in Sub-Saharan Africa. This reflects the accessibility of the region to foreign investment, not only targeting the more mature areas like Tanzania and Mozambique’s Rovuma basin, but also new frontiers like Kenya’s Lokichar Basin. East Africa represented approximately. 50 per cent of total M&A regional value in 2013, growing from a negligible share prior to 2009 and eventually overtaking West Africa. Since 2010, M&A deals in East Africa have been focused on three countries, Mozambique, Tanzania and Uganda, with some emerging M&A activity in Kenya, according to IHS Energy. A project in Kenya’s Lokichar Basin attract new international investors and increase regional openness for further developments and further M&A activity. Yet, the pace of East African transformation and further growth depends on critical infrastructure investments to ensure security of supply and modernisation of resources, geopolitical stability and sufficient regulatory framework, according to IHS Energy. Africa’s oil and gas sector is attracting big investment A report released by international law firm Berwin Leighton Paisner (BLP) finds that nearly half of all money raised in the last year in London’s mid-market oil and gas sector was for projects in Africa. The research shows that despite only representing a quarter of deals completed, the money raised for African projects was US$453.4 million out of a total value of nearly $1 billion. Looking closely at the prices, BLP has also found that geographical risk was clearly a significant issue for investors when pricing fundraisings. All of the South American projects raised money at a greater than 10 per cent discount, while less than a third of European projects were completed on the same terms. Approximately half of African projects were carried out at a less than 10 per cent discount. 22 Pipeline JANUARY/2015 BLP analysed all oil and gas fundraisings announced on AIM and the Main Market of the London Stock Exchange between October 1, 2013 and September 31, 2014 (greater than £1million and excluding the FTSE 100). Support for African projects Whilst representing a quarter of deals by number, over 45 per cent of money raised in London for oil and gas was for African projects, highlighting the potential on the African continent and the support it receives from the London investment community. Last year has seen $1 billion of support for the oil and gas sector and, in particular, African projects with $453.4 million being raised for African Projects. It is expected that companies with compelling plans for strong assets www.pipelineme.com will continue to be able to tap the London market in the coming year, particularly where support from existing shareholders is strong. However, those with particular geographical risks or looking to do transformational raises will need to offer discounts to attract support. With demand for oil and gas rising more slowly than anticipated, downward pressure on oil prices has reduced the appetite for equity. BLP does not expect this situation to persist in the medium term. Adam Dann, Energy and Infrastructure Partner and Head of BLP’s Finance Department, adds: “When it comes to the price of oil, with demand for oil and gas rising more slowly than anticipated, downward pressure on oil price has reduced appetite for equity. It does not feel like this situation will persist in the medium term.” LOAD BANKS HYDRAULIC TOOLS GAS DETECTION SYSTEMS pipe bevelling ac/dc load banks hyd. bolt tensioners – hyd. torque wrenches data centre test load banks HYD. jacks & pumps – bearing pullers DUBAI Tel: +971 4 2588 155 E-mail: [email protected] cold cutting m/cs hydro-test pumps – gas booster pumps WWW.GULFINCONME.COM gas detection systems valve test benches ABU DHABI Tel: +971 2 650 4373 E-mail: [email protected] FEATURE: Enhanced Oil Recovery STAYING AHEAD OF THE GAME IN ENHANCED OIL RECOVERY As reservoirs around the world mature, the industry needs to continually invest in enhanced or improved oil recovery techniques. Jamie Walker of Praxis Global Research speaks to world-renowned expert in the field, Dr Vladimir Alvarado on the future of the sector W ith reservoirs around the world steadily maturing, the oil and gas industry is continually turning to improved oil recovery (IOR) to support the global energy demand. There have been many advances made over the past couple of years, new techniques and technological adaptations have revitalised reservoirs and geological locations worldwide. The industry has even seen a definition change in improved and enhanced oil recovery (EOR) and how they relate to one another and the debates still continue in the characterisation of different techniques. However, one thing remains constant, the industry must continue to support one another and push the technological advances in improved oil recovery in order to continually support the energy demand. Dr Vladimir Alvarado is an industry leader and pioneer in his field who has shown his support through authoring many books and papers, including: “Enhanced Oil Recovery: Field Planning and Development Strategies” (Gulf Professional Publishing 2010), was awarded second prize of Energies Best Paper Award 2014 and continues to share his vast knowledge through the over seventy speaking presentations that he has done and continues to speak at. Dr Alvarado’s current projects include a future publication, in 2015, in the technical book “Advances in Analytical Methods in Petroleum Upstream Applications” as the author of the chapter “Nuclear Magnetic Resonance Upstream Applications: Crude Oil Characterization, Water-Oil Interface Behavior and Porous Media” and author of the expected publication in 2015, 24 Pipeline JANUARY/2015 “Enhanced Oil Recovery Handbook: Methods, Simulations and Modeling”. What is your involvement in the oil industry? How did you begin your career? What are you currently working on? Besides conducting research in IOR/EOR for both conventional and unconventional reservoirs, I serve as a consultant to companies regarding EOR process screening/selection as well as designs, particularly in chemical EOR. I initiated my career at Intevep, S.A., the R&D Center of the Venezuelan National Oil Company, PDVSA, which later became PDVSA-Intevep. I started in Petrophysics and progressively moved to Reservoir Engineering to become increasingly more involved with EOR/IOR projects. I am an Associate Professor at the University of Wyoming and my focus continues to be IOR with emphasis on chemical flooding and smart waterflooding, www.pipelineme.com but I also dedicate time to CO2 flooding. More recently, I initiated research activities on EOR for unconventional reservoirs. Why is improved oil recovery important to our industry? How is the importance related to our industry at this time? IOR has become an integral part of exploration and production activities, because, as the industry tries to access additional resources, two scenarios are common place; first a combination of harsher environments and lower quality reservoirs, and second, aging fields with still abundant resources known to exist in place. The current oil price allows sustaining the supply side through increased productivity as well as added reserves through these more advanced technologies. IOR, through advanced well architectures and stimulation techniques, has enabled commercial production /('OLJKWLQJ IRUWKHPRVWGHPDQGLQJDSSOLFDWLRQV +971 (0) 431 97686 www.dialight.com \HDUIXOOSHUIRUPDQFHZDUUDQW\ 6XSHULRUYLVXDODFXLW\ &HUWLILHGIRUKD]DUGRXVDUHDV /RZPDLQWHQDQFH ,3UDWHG 9LEUDWLRQUHVLVWDQW *RRGYLVLELOLW\ 5REXVWORZZHLJKWGHVLJQ 1RUHVWULNHGHOD\V 6DYLQJVLQHQHUJ\DQGPDLQWHQDQFH /RZKHDWLPSURYHG7UDWLQJV FEATURE: Enhanced Oil Recovery in tight reservoirs and heavy oils. The industry has realised that abundant resources exist in known reservoirs, but access to them requires more advanced technologies. Can you outline the difference between improved and enhanced oil recovery? How are they related? In the past, we had a tendency to separate IOR from EOR. In the broader sense, IOR encompasses EOR and often, if not always dare I say, is needed as part of the EOR design. Some of us include proper use of well architectures, well stimulation techniques and conformance, among other strategies, plus EOR as the realm of IOR. EOR is generally associated with the injection of fluids and/or energy to increase the recovery factor beyond what is possible commercially through pressure maintenance and secondary flooding strategies. This concept of injecting fluid/energy leads to methods to mobilise residual oil and to classify methods according the injection agent. 26 Pipeline JANUARY/2015 Some Middle Eastern countries are looking for alternatives [to CO2 and chemical EOR methods] such as smart-water technologies, because they appear applicable to carbonate reservoirs Dr Vladimir Alvarado, associate professor of Chemical and Petroleum Engineering, University of Wyoming However, EOR is no longer considered a tertiary process that must follow primary and secondary strategies, and instead it is applied more frequently at earlier stages of the productive life of the assets and before reaching the economic limit of the secondary process. In heavy oil, for instance, EOR is applied early in field development and as example steam assisted gravity drainage (SAGD) is applied at an early development phase. Interesting developments such as deep conformance through dispersion technologies, while being IOR technologies, are difficult to distinguish from EOR www.pipelineme.com processes. These applications are almost always necessary prior to initiation of a flood or at least must be combined with the EOR process to maximise oil contact and minimise use of injectant. What are the latest techniques being explored currently in IOR? If one considers stimulation techniques part of IOR, then more advanced stimulation methods are being pursued that lower the use of water. On the more specific EOR side, chemistry for high temperature reservoirs and FEATURE: Enhanced Oil Recovery nanotechnology are being investigated at great length. One surprising development is in the area of waterflooding. Water chemistry was only considered a component of preventative measures to avoid formation damage, including scaling and reservoir souring. Nowadays we know that water chemistry can impact oil recovery, giving rise to a variety of methods that have been coined engineered, smart and low-salinity waterflooding. While not fully understood, this has created a new paradigm in EOR that could lead inexpensive recovery methods, but also will force us to rethink our understanding of oil recovery. New formats of conformance agents as well as new technologies for foams and deeppenetration polymer-based systems have shown on the radar these days. How are these techniques different or better over the ones that were used in the past? This connects well with the previous question. We now understand recovery mechanisms better and the technologies needed for EOR have advanced substantially. Chemistry needed to enable IOR processes or to create new ones is quite different from and are of better quality compared to what was available until recent times. Our ability to drill complex wells has turned them into traditional technologies and they are no longer used only in pilot projects. Instead, these drilling technologies have been added to the toolbox of enabling technologies in the field. Downhole operations to deliver products and intervene wells now expand our range of operations. We have progressed in our understanding of rock-fluid and fluidfluid interactions. Better integration of conformance in operations at any production stage has improved productivity and in some cases the overall recovery. These technologies continue to evolve, but also operators have become more willing to apply them. Reservoir characterisation and better surveillance help to mitigate risks and steer EOR operations. Overall, a combination of core and enabling technologies have changed the way we conduct both IOR and more specifically EOR. www.pipelineme.com In terms of IOR investment, where are the hottest global locations? This depends on the type of technology. North America is the cradle for stimulation techniques and the USA is the dominant place for CO2 flooding. However, China applies a significant fraction of the chemical EOR in the World. Examples of emerging IOR are found in Latin America. Operators in Colombia, for instance, are pursuing EOR/IOR technologies aggressively and the results show. Other countries in the region continue to pursue these technologies or are investing in them. Some Middle Eastern countries are looking for alternatives such as smartwater technologies, because they appear applicable to carbonate reservoirs, but as an example, Oman conducts a significant number of EOR pilots and full-field operations, particularly chemical EOR. There has been a disconnect between the information gathered through surveys and the reality of the market. Companies are less willing to share their competitive edge as a result we rarely learn of operations conducted worldwide, except Pipeline JANUARY/2015 27 FEATURE: Enhanced Oil Recovery for specialised forums or direct access to information through partnerships or joint operations. We are hearing a lot off buzz about CO2 injection, can you explain and expand on the benefits of this method? Carbon dioxide is the solvent for miscible flooding par excellence. It has a history of several decades and has been enhanced through water-alternating-gas methods and more recently we see more use of foams, in addition to traditional gels, to further optimize CO2 floods. While in the past the Permian Basin in Texas was essentially the only place where CO2 was the dominant EOR technology, the application of the technology is expanding and the interest is peaking. This growth has occurred through access to natural and anthropogenic sources. The technology has been further encouraged by the current oil price. This has become accepted as a way to store CO2 commercially, because of the revenue stream that comes along from oil production. Not so long ago, natural gas did not have a market in a lot of locations worldwide and hence it was used for EOR. Numerous provinces have developed gas markets and consequently natural gas cannot be used for flooding purposes. CO2, whenever available, is an attractive, relatively low-risk opportunity, but requires infrastructure not normally available. Environmental drivers also entice the use of CO2 for EOR. As an example, Brazil has plans to process the CO2-rich gas from major offshore reservoirs for reinjection as an EOR process. What are the latest trends in IOR that you are personally keeping an eye on and are looking forward to seeing them progress? New chemistry for EOR, smart waterflooding and methods for unconventional reservoirs (other than stimulation techniques). While sandy reservoirs have been the target of a spectrum of IOR/EOR technologies, carbonate reservoirs are generally dealt with conformance technologies and miscible processes. I track progress in chemistries applicable to carbonates. Dr Vladimir Alvarado was the chairman at the 2014 Improved Oil Recovery 11th Global Praxis Interactive Technology Workshop; Think Tank Series, that took place at the end of August 2014 in Bogotá, Colombia. Venezuela and Libya: A case of two extremes in EOR for Repsol Venezuelan oilfields are notorious for holding some of the world’s heaviest and viscous crude reserves, they are also an excellent proving ground for new enhanced oil recovery (EOR) methods. Spain’s main integrated oil and gas company Repsol has been very active in leading research and development of both EOR and improved oil recovery (IOR) techniques and technology. Naturally being at the forefront of this part of the industry has its challenges, even for well-funded R&D initiatives by multinational firms such as Repsol. “For Repsol, one of the main IOR/EOR challenges is the exploitation of extra heavy crude oil (8.4 degree API) from a giant field, in the Orinoco Oil Belt (Carabobo area), Venezuela; where the company must maintain a production plateau of 400 thousand oil barrels per day, for at least 25 years,” explains Elena Escobar, manager of an R&D strategic project on Thermal EOR at Repsol. “This implies that at least 10 per cent OOIP (original oil in place) should be covered by EOR processes. However, until now, no commercial EOR processes have been employed in the Orinoco Oil field. Therefore, Repsol is making a significant investment in R&D to identify and develop the EOR technologies most suited to meeting the master development plan 28 Pipeline JANUARY/2015 associated with this field.” In the 2015-2020 period, Repsol and its partners plan to conceptualise and execute the designs of at least three EOR pilot tests, related to polymer flooding in Ecuador, cyclic steam injection in western Venezuela, and other Cyclic steam injection followed by steam flooding in Orinoco Oil Belt. It is estimated that these EOR pilot tests will receive additional investments of more than €50 million (US$62 million) over the next five years. Libya Closer to the Middle East, Escobar points to Repsol’s work in Libya where it has premium light oil assets ranging from 36 to 45 degree API in the Mamuniyat and Hawaz www.pipelineme.com formations in the southwest of the country. “Most of the reservoirs are in secondary oil recovery stage by waterflooding. However, a preliminary analysis forecast showed that the additional recoverable resources, due to EOR alone (chemical flooding and/or immiscible gas), could be around 300 million barrels, which represent an incremental oil recovery factor between 1 and 9 per cent OOIP, with respect to waterflooding, with the additional reduction in the production decline of the fields. “During 2015-2017, Repsol is planning to perform a detailed technical and economical assessment, to identify the most appropriate IOR/EOR technology(ies) to be applied in these fields,” she adds. FEATURE: Cables and Wires OFFSHORE ENERGY GROWTH WILL BE BIG IN 2015 SAYS E-MARINE Pipeline Magazine speaks to Omar Jassim Bin Kalban, managing director and CEO of E-marine, about the opportunities in the oil and gas sector for the subsea cabling services G lobal demand for effective and reliable submarine cables for the offshore oil and gas industry is growing. This is why E-marine, a principal provider of submarine cable solutions in the Middle East, is making a concerted effort in 2015, to increase its market share further in the regional offshore energy industry with the commissioning 30 Pipeline JANUARY/2015 E-Marine has successfully carried out major marine installations of cable systems www.pipelineme.com of two new state-of-the art cabling vessels, that will target the regional oil and gas sector. E-Marine has successfully carried out major marine installations of cable systems both in the local market and abroad, as well as performing its commitment to the maintenance obligations of various submarine cables systems. Notwithstanding, E-Marine’s Sara Sae QUALITY MANUFACTURING SITES * HOUSTON, USA * INDIA WAREHOUSE LOCATIONS * HOUSTON, USA * SINGAPORE * DUBAI, UAE * INDIA SERVICE LOCATIONS * HOUSTON, USA * SINGAPORE * INDONESIA * UAE * OMAN * KUWAIT * SAUDI WHERE IT MATTERS MOST CONSISTENT QUALITY PRODUCTS & STANDARDS WORLDWIDE QUALITY SERVICE CAPABILITIES EXPERIENCED & RELIABLE PERSONNEL HIGHEST INTEGRITY STANDARDS DEPENDABLE DELIVERY DESIGN FLEXIBILITY Sara Sae S 6$5$6$(35,9$7(/,0,7(' 3ULWDP5RDG 'HKUDGXQ,1',$ ZZZVDUDVDHFRP VVDH#VDUDVDHFRP sts sts sts 6763URGXFWV,QF 6763URGXFWV63WH/WG 6763URGXFWV)=( 'LYLVLRQRI6DUD6DH 'LYLVLRQRI6DUD6DH 2DN5LGJH3DUN'U &RQURH7H[DV86$ ZZZVWVSURGXFWVLQFFRP VWV#VWVSURGXFWVLQFFRP 7XDV$YHQXH 6LQJDSRUH ZZZVWVSURGXFWVLQFFRP VWV#VWVSURGXFWVLQFFRP &RQVROLGDWHG3UHVVXUH&RQWURO 'LYLVLRQRI6DUD6DH 'LYLVLRQRI6DUD6DH 32%R[ :DUHKRXVH1R5$6%2 -HEHO$OL'XEDL8$( ZZZVWVSURGXFWVLQFFRP VWV#VWVSURGXFWVLQFFRP 2DN5LGJH3DUN'U &RQURH7H[DV86$ ZZZFSFPIJFRP VDOHV#FSFPIJFRP FEATURE: Cables and Wires breakthrough in the oil and gas sector, the company has been involved in installing major turnkey submarine composite power and fibre optic cables connecting various oil field platforms over the last few years. These accomplishments brought to the fore E-Marine’s strong presence in the international market while being yet another recognition of its pursuit to provide customer-centered services locally, regionally and internationally. “We are really concentrating on the regional oil and gas industry. We want to establish ourselves and bring our long history in subsea fibre optic cable solution expertise to the regional energy industry,” says Omar Jassim Bin Kalban, CEO, E-marine. Realising the need of staying ‘connected”, E-marine PJSC was established in a region that has seen exponential expansion in both the telecommunications and energy sectors. With both of its strategic locations positioned in the region, E-marine has gained the confidence of its client by being truly closer and permanently Omar Jassim Bin Kalban, CEO, E-marine Rig Integration & optimization Desert Fast Moving system Mud pump upgrading to 7500 PSI WP Rig components Mud pump & fluid end parts Tubular handlimg tools Mud valve & manifold Wellhead & X-tree Down hole drilling tools BOP & closing unit Land Rig Drill Bit Gate valve Wellhead & X-tree OILMAN GROUP JTC SUMMIT, 8 Jurong Town Hall, Road #24-03, Singapore -609434 Tel: +65 8616 1619 Fax: +65 6725 8438 E-mail: [email protected] Web: www.oilmangroup.com 32 Pipeline JANUARY/2015 www.pipelineme.com FEATURE: Cables and Wires available. E-marine has a strong presence in the Red Sea, Arabian Gulf, Western Indian Ocean Region and East Africa for maintaining various submarine cable systems. At present around 100,000 km of cables are under E-marine’s maintenance agreement. When it comes to oil and gas field subsea cabling and maintenance, it is essential to use experienced companies to complete the work. “I feel there is too much risk in using general contractors over specialised contractors when it comes to special subsea cabling jobs in the energy sector,” he explains. “We have three purpose built cable ships and one special purpose vessel. As part of our resource enhancement process, we are investing heavily to commission one cable ship and one multi-purpose vessel (MPV) in 2015.” “One of these new ships is being built right here in the UAE and will be tailor made for the regional telecom market; it should be in service by Q1 2015, while we are also in the process of purchasing a readymade MPV that will most likely be E-marine has a strong presence in the Red Sea, Arabian Gulf, Western Indian Ocean Region and East Africa for maintaining various submarine cable systems. At present around 100,000 km of cables are under E-marine’s maintenance agreement in service by the second quarter of 2015,” he notes. According to Bin Kalban, the new www.pipelineme.com vessels will provide a more cost effective solution as they can be deployed faster, in line with client needs in the region. “We are bringing technology to this market, which is already used in other parts of the world, from the North Sea to the Gulf of Mexico,” he says. All E-marine vessels are DP operated and are equipped with working class ROV’s, latest survey, navigation equipment and software. Bin Kalban explains why the UAE is E-marine’s home market and ADNOC its main target customer. “We have enjoyed a good relation with the ADNOC Group of companies for many years.” E-marine foresee a lot of potential for submarine cable work in the GCC region, from Saudi Arabia to Qatar and beyond. “We will be looking at opportunities across the whole region,” he adds. E-marine is headquartered in Jebel Ali and its main depot is located at Hamriyah Free zone in Sharjah. The firm also has a depot in Salalah, Oman that enhances its services in the western Indian Ocean, East Africa and the Red Sea. Pipeline JANUARY/2015 33 FEATURE: Mexico SANTANDER BANKS ON MEXICO ENERGY REFORM International bank Santander sponsored the VIP Mexico Briefing at the MEPC theatre during ADIPEC 2014. We spoke with Juan Garrido Otaola, head of global banking markets at Santander Mexico Pipeline Magazine: As a sponsor of the VIP Mexico briefing, what does this mean for Santander? Santander is one of the key players in the financial industry in Mexico. We are fully committed to the execution of the energy reform in the country and we believe ADIPEC is the best place to show our capabilities to the global players and investors. We are honoured to sponsor the Mexico briefing and to share this event with Sener and Pemex. Juan Garrido Ataola, Santander Mexico PM: How is Santander involved in the oil and gas industry? Santander has one of the strongest commitments to the sector. Just recently we announced resources for MXN$65 billion (US$4.8 billion) for the development of energy infrastructure in Mexico. This positions the bank as a leader in structuring, financing and developing projects in energy and infrastructure using our capacities in ADVERTISE ADV ADV AD DVE DVE VER ERT ER RTI RT TIS ISE SEE project finance, asset capital structuring, equity and debt capital markets and M&A. This adds up to what the bank has already been doing in the recent past that has positioned us as the number one private bank in project finance in Mexico, according to Dealogic. In the last 12 months 10 deals have closed in the energy space in Mexico. Santander has participated in six of them that represented 40 per cent of the total. Santander is participating in 20 electricity projects that represent more than 2,800 MW and as financial advisor and funding bank in Los Ramones, a 960 km gas pipeline that runs from the US border to the industrial cities in the centre of Mexico. IN IN THE TH TH HEE MIDDLE MID MID MI IDD IDD DD DDL DLE DL LEE EAST’S EAS EAS EA AS LEADING LEA LEA LE EAD EAD ADI DIN ING IN NG OIL NG OIILL AND OI AN AN ND D GAS G PUBLICATION N 34 Pipeline JANUARY/2015 www.pipelineme.com FEATURE: Mexico Where are your main markets? Key to Grupo Santander’s geographical diversification is maintaining an appropriate balance between mature and emerging markets and an autonomous subsidiary model. We are present in 10 major markets: Spain, Germany, Poland, Portugal, the United Kingdom, Brazil, Mexico, Chile, Argentina, and the United States. Our global business areas serve clients worldwide and also develop products to be distributed throughout the Group’s retail network. Santander is Mexico’s third leading bank, with 11 million customers, 1,050 branches, 243 offices, and 14,375 employees. Santander has capitalised on Mexico’s economic stability to strengthen and expand customer transactional linkage in the highincome and SME segments. Santander is the most important bank for Mexico’s SMEs. PM: How can you help foreign players break into Mexico? We can help foreign players by advising on the numerous projects that would be awarded over the next few years, combining our local expertise with our global presence. Establishing the right joint ventures with local players is going to be the key for success. PM: What tips can you offer large players looking to enter the market? In upstream one of the key factors is the supply chain, large players should develop local suppliers that have expertise working in Mexico. Large players should consider drafting bankable contracts and leverage their strong credit to help finance local suppliers, either by discounting contracts or through project finance, to name a few options. For onshore projects it is key to work with the local communities, we have seen good projects fail because the social component was not properly considered. PM: How would you describe Mexico’s energy landscape? The Mexican energy reform is groundbreaking for the country. After decades of having Pemex and CFE as the only players in the oil and gas and electricity sectors, now Mexico is open for private investment in these sectors. In upstream we can expect a great www.pipelineme.com diversity of companies participating from the major integrated oil companies in deepwaters and other offshore projects to medium and small independent producers in mature fields and shale gas, very similar to those companies working in the US. In midstream we are already seeing a boost in investment. We have the Ramones pipeline with an investment of more than $2.5 billion, where Pemex acts as offtaker, to the 17 new pipelines announced by CFE, where they act as offtakers but are owned and operated by privates. In downstream we expect to start seeing different franchises in gas stations in 2016 and a completely open market by 2018 with differentiated prices. In electricity generation we are going to see a competitive market where the most efficient producers are going to develop new projects and gain market share either selling to the grid through electric public markets regulated by the Centro Nacional de Control de Energía (CENACE) or bilateral contracts to large consumers. All in all competition is going to be the name of the game in the energy space in Mexico. Pipeline JANUARY/2015 35 FEATURE: Corrosion WHAT DO YOU DOWITH W A RUSTY WELL W ? Could a new industry-wide support network prove to be useful in crucial decision making for maximising output from ageing well and pipeline infrastructure? The people at DNV GL think so. T he global oil and gas industry is now facing the reality that many of its on and offshore wells are being used beyond the original lifespan. This presents significant uncertainty around the integrity, safety and productivity of the remaining service life. DNV GL has established a Joint Industry Project (JIP) to develop guidelines for a decision support framework for corrosion assessment and integrity management of ageing wells. Many wells are reaching an age of upwards of 30 or 40 years, and operators are facing a growing challenge to predict output, mitigate against risk and ultimately decide whether to retire or rejuvenate ageing wells. Life extension of ageing wells is moving up the agenda for oil and gas operators in many regions. Factors driving this have included technology advances, regulatory requirements and until very recently, high oil prices. “As well as dealing with the operational changes in the well’s lifetime, such as longterm degradation effects, there can also be difficulties caused by uncertainty over the integrity of the well and access to design documentation. Corrosion in particular poses a major threat to these wells,” says Shamik Chowdhury, project manager at DNV GL. “The JIP aims to close the existing gap in well integrity management and introduce proper corrosion assessments, as well as provide estimates on the remaining life of individual wells. The outcome will help operators squeeze the remaining life out of their wells safely and cost effectively, as well as to plan for decommissioning.” “The proposed guideline resulting from the JIP will provide a clear method www.pipelineme.com to evaluate and manage corrosion for wells. This can be used on a field or company-wide level to ensure the HSE and economical performance is balanced and that corrosion risks are sufficiently managed,” he continues. DNV GL is inviting participants to take part in the JIP which will deliver a corrosion threat and integrity well screening assessment method as well as guidelines for a decision-making tool on corrosion evaluation, monitoring, maintenance and inspection. “There are many risks to consider at the well level. External casings deteriorate over time at different depths for a variety of different corrosion mechanisms, and can result in loss of structural integrity,” adds Chowdhury. “The risk of well collapse is therefore higher. Ageing wells also tend to have more aggressive conditions, normally Pipeline JANUARY/2015 37 FEATURE: Corrosion being higher water cut, and potentially with H2S arising from reservoir changes or microbial activity, which may accelerate attack or introduce corrosion damage where it was considered ‘not to happen’ before. The JIP will involve the review of corrosion inspection techniques, prediction and modelling tools as well as the impact from other interfacing aspects such as pipelines and process equipment. Investigative data will be gathered from participants’ own experiences in this field and the operational history of selected operators’ wells. The project will also carry out a pilot study to test the methodology on selected wells. Shamik Chowdhury, project manager at DNV GL The JIP which began at the end of last year will commence through to the end of 2015 with the development of a guideline for corrosion management in wells. “DNV GL leads many joint industry projects annually, combining our expertise with that of the sector to identify and find solutions to its most complex technical challenges. We set the benchmark in oil and gas industry best practice, offering open access to more than 170 oil and gas industry standards and recommended practices, which support the industry to improve safety, reliability and performance,” says Elisabeth Tørstad, CEO DNV GL Oil & Gas. DNV GL launches industry initiative to combat onshore pipeline corrosion Microbiologically influenced corrosion (MIC) is a serious threat to the integrity of onshore transmission pipelines and can lead to unexpected failures. Despite advances in understanding, there is limited knowledge to accurately predict its location and the rate of corrosion. For this reason, DNV GL is calling for partners to collaborate in a Joint Industry Project (JIP) to develop a Recommended Practice for the detection and mitigation of MIC. External MIC is corrosion caused or promoted by microorganisms on the outside of the pipeline system and is one of the leading causes of corrosion failures in onshore pipelines. Microorganisms may adhere to metal surfaces and form biofilms (complex microbial ecosystems) that can alter the electrochemical conditions on the metal surface in such a way that corrosion can be induced locally; most commonly occurring as pitting. It is difficult to prevent this type of rapid corrosion, since it is not possible to prove the presence of MIC directly without excavating the suspected site to run tests. Indications of MIC can be found through detecting either coating degradation using DCVG (Direct Current Voltage Gradient) or the pipeline’s metal loss using ILI (In-line Inspection). “Tiny microorganisms can cause big headaches for onshore pipeline operators, since MIC leads to high corrosion rates at unpredictable locations along a pipeline. Even with well-functioning, long-running 38 Pipeline JANUARY/2015 cathodic protection systems in place, MIC can still occur,” explains Mirjam van Burgel, JIP project manager. “Though corrosion rates can be reduced, microbiological colonies responsible for MIC do not disappear completely,” she continues. The JIP will focus on preventing or alleviating MIC by exploring the role of coating condition and cathodic protection in the occurrence and prevention of MIC, and identify practical means to support pipeline operators in detecting possible MIC sites by testing and selecting the best measurement techniques. The project will also develop a decision-support tool to rank the risk of MIC-sensitive areas along a pipeline. “Onshore pipelines are critical in meeting the growing demand for energy worldwide. Currently, there are over 230,000 km of oil and gas pipelines under construction or planned, in addition to the existing pipeline infrastructure that must www.pipelineme.com continue to operate safely and reliably. DNV GL has deep knowledge of pipelines from performing laboratory and field research projects, including on pipeline corrosion and degradation. The outcome of this project will enable asset managers to effectively lessen MIC, enhance the safety and integrity of their pipeline system and reduce costs by avoiding costly excavation,” says Asle Venås, Pipeline Segment director – DNV GL Oil & Gas. The final outcome of the JIP will be an industry-wide Recommended Practice (RP) establishing industry guidelines and recommendations to predict, detect and mitigate the occurrence of MIC. DNV GL believes it is well placed to lead this project, having established an MIC Technical Exchange Group earlier this year. DNV GL also has a number of other pipeline-related Joint Industry Projects underway. FEATURE: Unconventional oil & gas WILL THE MIDDLE EEAST TAKE SHALE SERIOUSLY ? Faced with rising North American shale oil and gas supplies in world markets, is it now time for Middle Eastern conventional energy producers to future-proof themselves? W hile the GCC has traditionally been a leader in conventional energy markets, it has lacked the incentive to exploit the shale potential in the region. Yet, industry experts have long argued that as energy needs continue to expand dramatically in the Middle East and around the world, the oil and gas producers of the GCC must increase investments in shale oil and gas exploration and technology if they want to remain at the forefront of the global energy nexus well into this century. Despite the current uncertainties of the price of oil, the overriding sentiment across the industry seems to be that this period of unease will be short-lived. Raheem J. Brennerman is chairman and CEO of The Blacksands Pacific Group, an international oil and gas exploration firm based out of Los Angeles, California. He believes that the question of the Middle East 40 Pipeline JANUARY/2015 ever seriously harnessing the energy (and economic) potential of shale oil and gas is not a matter of ‘if’ but ‘when’. And here he cites the likes of other regions which have strong unconventional energy potential. “The US Energy Information Administration (EIA) estimates that the largest potential shale oil and gas reserves are located in China, Russia, Argentina, Algeria, Libya, USA, Canada, Mexico, Australia and South Africa. Yet, these countries are far behind America in developing their shale oil and gas reserves,” he tells us. “By most estimates, it will take between five and 10 years for the likes of China and Latin America to take full advantage of their shale gas reserves, as a great deal of work is still required for them to fully understand the geology of their shale formations, develop viable technical strategies for extraction and build the necessary infrastructure.” www.pipelineme.com Water and technology Right now, the two key hurdles the region must wrestle with are water and technology (or lack thereof) if it wants to join the shale revolution. Being blessed with year-round sunshine, one would think the region is ripe for harnessing solar energy more than anything else in this day and age of rapid negative climate change. Although regional governments are investing in alternative energy like solar and wind, investment still lags far behind that of oil and gas. In the meantime, the biggest issue that has plagued this region for millennia, is the sheer lack of water, for drinking, sanitation and agriculture to name a few – water is largely desalinated in the region to great expense. “In the US, it takes roughly five million gallons of water for each fractured well, and with water supplies highly coveted across the Gulf region it is a problem that will have ELEVATORS & 18 - 20 MAY 2015 ACCESS CONTROL Building Access & Mobility Solutions Expo DUBAI WORLD TRADE CENTRE EXHIBITION | CONFERENCE | WORKSHOPS | TRAINING THE MIDDLE EAST’S LARGEST EVENT FOR COMMUNITY MANAGEMENT AND BUILDING MAINTENANCE Meet key decision makers sourcing products and services for sustainable environments ELEVATORS & ACCESS CONTROL www.fm-expo.com/pipeline FOR INFORMATION ABOUT EXHIBITING, CONTACT: Jaafar Shubber, Senior Project Manager | T: +971 4 445 3614 | E: [email protected] Principal intelligence partner Innovation sponsor Sustainability sponsor Supported by Brought to you by Organised by FEATURE: Unconventional oil & gas to be overcome before any widespread drilling operations can take place. In the US, some of the leading energy and service companies are working with hydraulic fracturing experts to investigate viable alternatives, including the use of liquefied petroleum gas or seawater in order to overcome this issue,” writes Brennerman. But he remains hopeful that as more and more countries around the world invest in unconventional oil and gas, so too will they in better technology – it just needs to gain enough momentum. “The more widespread the technology is made available, the more opportunity there will be for unconventional sources of oil and gas to enter global markets. The GCC nations will face stiff competition for customers in the long term and perhaps see revenues decline. The long term threat can be mitigated if there is a desire to prepare for the future now.” “Many US companies would welcome the opportunity to work closely with GCC partners in exploring investments in technology and knowledge sharing. The GCC has every opportunity to maintain its energy dominance and global influence well into the second half of this century and should not delay its efforts in realising the potential of its shale,” Brennerman adds. If you can beat ‘em… Brennerman highlights an interesting development happening in the absence of unconventional exploration in the Middle East, except that ironically it is not exactly happening IN the Middle East. “In recent years, Saudi Arabia, Qatar and the UAE have recognised the value of the US shale boom and have been eyeing investments in North America’s economic and technological success and long term potential. Anticipating a future repeal of the oil and gas export ban in the US, Qatar has plans to invest in export terminals in Texas and to cooperate on shale gas projects across North America. [Saudi] petrochemical giant Sabic has announced plans to invest in US companies with shale expertise and the UAE is interested in partnering with a number of Canadian and US oil and gas companies.” Another point of view Long-time UN Energy Program veteran, Charles Constantinou takes a different and somewhat robust view on the prospects of One hurdle holding back shale exploration in the Gulf is the shortage of water have little incentive to consider unconventional energy sources like shale. But he warns that the region’s governments need to be invested in shifting policies on this. Raheem Brennerman, CEO, Blacksands Pacific group shale development in the Middle East. “Simply put, there is no unconventional exploration in the Mid East,” he succinctly says. “This is not because unconventional resources are scarce, but for two main reasons. First, conventional gas and oil is abundant in areas such as Saudi Arabia. Second, in rare cases, such as currently in Turkey where shale gas is abundant yet in demand, the government finds it too difficult to carry out and formulate policy appropriately. Shale gas has the potential to be a game changer in Turkey, dramatically augmenting natural gas supply and opening new opportunities for competition among different energy sources.” Constantinou, now an energy investment strategist for New York based consultancy Shale Intelligence, comes to the same conclusion as Brennerman in that while conventional oil and gas is still cheap to produce in the Middle East, countries here www.pipelineme.com North Africa And it seems to be a mixed bag if one looks further West into North Africa Constantinou says. Algeria which is traditionally rich in conventional gas, seems to be the strongest contender for shale exploration in the region. Indeed, the likes of Shell, Eni, and Canada’s Talisman Energy have to date, won shale gas exploration licenses in Algeria. Anadarko has also expressed interest in developing shale gas in the country. “However, the development of conventional and unconventional hydrocarbon reserves in Algeria continues to face a number of challenges,” Constantinou warns. “The terrorist attack on the In Amenas gas facility in January 2013 has, for example, raised security concerns for oil and gas investors, and probes into Sonatrach and the Energy Ministry in 2010 have highlighted that corruption is still a risk in Algeria. Given that ALNAFT’s last three licensing rounds resulted in only 25 per cent of the offered concessions being licensed, it remains to be seen how successful its fourth round will be and whether IOCs will demonstrate an appetite for Algeria’s unconventional reserves.” Despite the hurdles facing any potential future for shale oil and gas development in the Middle East and North Africa, it is still worth being hopeful that time and eventual necessity will prove to be the ultimate motivation for regional oil and gas producers to take shale seriously. Pipeline JANUARY/2015 43 worldheavyoilcongress.com The knowledge. The expertise. The relationships. No event gets you better connected with the heavy oil community. Register to attend! March 24 - 26, 2015 Edmonton, Alberta, Canada Get $300 off until Feb. 12! Register with code PLINE at worldheavyoilcongress.com business conference | technical conference | short courses | exhibition | social events | poster sessions FEATURE: Oil Barons CALLING ALL OIL BARONS I magine a night with fantastic food, amazing entertainment and a wonderful starlit ambience. You are imagining the Oil Barons Charity Ball! Now in its twelfth year the Oil Barons Charity Ball has become the number one social event in the region’s oil and gas calendar and all profits go to the Friends of Cancer Patients charity. Now, with people travelling from all over the world to attend, it is rapidly becoming one of the global oil and gas industry’s mustattend events. In 2015, the Ball is set to take place in Dubai at Meydan Racecourse on Friday, 6th March. Guests will enjoy a luxurious silver-service dinner and entertainment from Mercury Music prize winner Heather Small (M-People), as well as a live charity auction. Unquestionably the highlight of the evening is the crowning of the Oil Baron, an industry award that recognises an individual who has contributed significantly to the sector. The Oil Baron becomes the industry’s ambassador for a year, and many choose to undertake charity work as part of their award. This is an award voted for by the industry and we need your nominations. The competition is based on the following criteria – the Oil Baron should be: t3FDPHOJTFE BT BO JOOPWBUPS t4IPX TUSPOH DPNNVOJUZ TQJSJU t"O JOTQJSBUJPOBM MFBEFS t$PNNJUUFE UP )4& Last year the industry chose Dave Jackson from Scott Safety, who will be the 2015 Oil Baron? NOMINATE NOW AND WIN TICKETS TO THE BALL If you know someone who is a true pioneer Please email [email protected] will be added into a draw to win tickets to and leader in the oil and gas industry then briefly explaining who you would like to nominate the event. why not nominate them as the 2015 Oil Baron? and why. Everyone that submits a nomination www.pipelineme.com Pipeline JANUARY/2015 45 Project Update Statoil gains four new exploration permits in New Zealand Statoil has been awarded four new exploration permits offshore New Zealand, building on its existing position in the region and diversifying the company’s long-term portfolio. The permits were awarded by the New Zealand government through the 2014 Block Offer. Statoil participates in three blocks in the East Coast and Pegasus basins as a partner, and takes on operatorship for one new permit next to existing acreage in the Reinga basin lying northwest of New Zealand’s North Island. The company entered New Zealand through the 2013 Block Offer, with the award of petroleum exploration permit 55781 in the Reinga basin. “The East Coast acreage adds another high-impact opportunity to our long-term portfolio, while the expansion in the Reinga basin secures access to potential upsides from our existing position. This is in line with our exploration strategy of early access at scale and deepening existing positions,” said Erling Vågnes, Statoil’s senior vice president for exploration in the Eastern hemisphere. Blocks 57083, 57085 and 57087 have been awarded with Chevron as operator with both companies holding a 50 per cent working interest. The permits are located in the East Coast and Pegasus basins, southeast off New Zealand’s North Island. The permits cover more than 25,000 sq km and sit in water depths between 800 and 3,000m. The initial phase of the project will consist of data collection. Block 57057 is awarded to Statoil with a 100 per cent working interest. It is located in the Reinga basin offshore the Northland region, adjacent to Statoil’s existing exploration acreage. The permit sits approximately 100 km offshore and covers an area of 1,670 sq km in 1,500m of water. Statoil has committed to acquire 200 line kilometres of 2D seismic data within the permit. Total gets info management help from AVEVA in Norway AVEVA said that it has been selected to supply an asset visualisation and information management solution to TOTAL E&P NORGE AS (Total). Built on the AVEVA NET software, the solution has been configured specifically for the French oil major’s innovative Martin Linge fixed-platform asset on the Norwegian continental shelf (NCS). The new solution was rapidly delivered and is already in the implementation and testing phase. When fully deployed, Total will use AVEVA NET’s access and contextualisation functionality to deliver a wide range of design, engineering and 46 Pipeline JANUARY/2015 operational information throughout the life cycle of the Martin Linge asset. Through a challenging tender process, Total was convinced that AVEVA could provide the data access and visualisation capability needed for this project. It is expected that timely access to all types of information will enhance Total’s ability to make better decisions more quickly and also reduce risk. “AVEVA’s solutions are all developed with a focus on maintaining integrity across the life cycle of the Digital Asset,” said Helmut Schuller, executive vice president, Global Sales, AVEVA. www.pipelineme.com NEWS IN BRIEF Petrobras finds gas offshore Colombia Brazil’s state-controlled Petrobras has announced the discovery of natural gas at a block off Colombia’s Caribbean coast. The gas discovery was the result of successful drilling, which ended in September, of the Orca 1 exploratory well in the Tayrona block, located 40 km off the coast of the northern Colombian province of La Guajira. The well was drilled to a water depth of 640m and penetrated 4,240m into the rock layer. The gas accumulation was confirmed at 3,600m and represents the first hydrocarbon discovery in the deep waters off Colombia’s Caribbean coast. Petrobras said it will carry on with scheduled operations, in order to evaluate the size of the discovery. Wood Group secures major BP contract Wood Group has been awarded a five year contract with an estimated value of US$750 million from BP. Under the contract Wood Group PSN (WGPSN), will deliver engineering, procurement and construction services to six UK continental shelf offshore upstream assets and the Forties Pipeline System onshore midstream facilities in Grangemouth. Effective January 2015, this is WGPSN’s largest contract award in 2014 and includes an option for two, one-year extensions. Carnarvon disposes of remaining Thailand assets Australia’s Carnarvon Petroleum has agreed to sell its remaining 20 per cent interest in its Thai assets to the Netherlands company Berlanga Group for US$58.2 million in cash. The Sale and Purchase Agreement with Berlanga Thailand Limited, a member of the Berlanga Group, is for Carnarvon’s Thailand oil production concessions L44/43, L33/43 and SW1A. The deal is subject to approval and it should be completed by February 2015. Project Update Halliburton-Baker Hughes integration bosses named NEWS IN BRIEF Technip wins subsea contract at Statoil’s Gulfaks field, Norway Technip signed an important lumpsum contract with Statoil for the Gullfaks Rimfaksdalen (GRD) Marine Operations Pipelay and Subsea Installation project. This project is an option to the Snøhvit CO2 Solution project awarded in 2013. The GRD project scope consists of a subsea tie-back to a new Wye piece on an existing pipeline close to the Gullfaks A platform. The GRD template will be located 190 km Northwest of Bergen, Norway. Halliburton announced its board has appointed executive vice president and CFO Mark McCollum to the new role of executive vice president and chief integration officer. In this capacity, he will serve as head of the Joint Integration Team that Halliburton and Baker Hughes Incorporated are assembling in connection with Halliburton’s pending acquisition of Baker Hughes. McCollum will continue reporting to Halliburton CEO Dave Lesar and will remain a member of the company’s Executive Committee. The oil service major anticipates that McCollum will resume his CFO duties at the conclusion of the two companies’ integration. The new role is effective January 1, 2015. Belgacem Chariag, president of Global Products and Services for Baker Hughes, will serve as lead for Baker Hughes on the Joint Integration Team. “Establishing a unified integration team under the direction of Mark and Belgacem is an important first step in bringing together the talent and expertise of both companies to make a stronger combined company,” said Lesar. “We are committed to putting together a detailed and thoughtful integration plan to make the post-closing transition as seamless, efficient and productive as possible.” On November 17, Halliburton and Baker Hughes jointly announced a definitive agreement under which Halliburton will acquire Baker Hughes in a stock and cash transaction. SNC-Lavalin sells Canadian electricity firm for $2.7bn SNC-Lavalin has finalised sale of its entire stake in AltaLink, the largest regulated electricity transmission company in Alberta, Canada, to Berkshire Hathaway Energy. The transaction valued at about US$2.7 billion to SNC-Lavalin. The deal forms part of SNC-Lavalin’s strategy to intensify focus on engineering and construction work. “The sale of AltaLink, just like the recent acquisition of Kentz, represents a key milestone in our company’s growth strategy to become a Tier-1 engineering and construction services firm,” said Robert G. Card, President and CEO, SNCLavalin Group Inc. Karoon finds oil off Brazil Gazprom Neft draws closer to Vietnam Gazprom Neft has signed a number of agreements with Vietnamese companies aimed at developing closer ties with the southeast Asian country. The Russian firm and Vietnam’s PetroVietnam signed an agreement to start exclusive talks on possible cooperation in the exploration and development of the Dolginskoye field, located in the centre of the Pechora Sea 48 Pipeline JANUARY/2015 and 110 km north of the mainland coast. By the end of May 2015 the two parties are expected to sign an operating agreement and outline terms for the creation of a special company for the project, in which Gazprom Neft will be a majority stakeholder. Gazprom Neft also agreed with Binh Son Refining and Petrochemical, to provide delivery of ESPO oil to the Dung Quat oil refinery from the Russian port of Kozmino. www.pipelineme.com Karoon Gas Australia has encountered five oil-bearing zones in the Kangaroo-2 appraisal well in the Santos basin off Brazil. The Kangaroo-2 appraisal well is located in block S-M-1165, approximately 300m up-dip from the Kangaroo-1 discovery well. Karoon, the operator, holds a 65 per cent interest and Canada’s Pacific Rubiales Energy Corp holds the remaining 35 per cent in in the jointly held block. The Kangaroo-2 well encountered a 250m of gross pay and 135m of net oil pay. The appraisal well was drilled in Block S-M-1165. TOOLS NEWS: & TECHNOLOGY International Saudi Arabia ramps up technology R&D effort The Saudi Arabia Advanced Research Alliance (SAARA), a new partnerbased collaboration between six organisations that span Saudi Arabia’s public and private sectors, has been launched in Dhahran, Saudi Arabia. SAARA has been set up to drive the commercialisation and application of innovative research and development activities in the kingdom. “The establishment of the SAARA alliance is a very welcome initiative and will help stimulate continued economic growth in the kingdom,” said Saudi Arabia’s energy minister Ali Al-Naimi who attended a signing ceremony to establish the alliance. SAARA is expected to provide a focal point within Saudi Arabia to bring industry and academia together to find ways to translate technology and intellectual property (IP) into commercially available products and applications. The SAARA partners are: Saudi Aramco; King Abdulaziz City for Science and Technology (KACST); King Fahd University of Petroleum and Minerals (KFUPM); King Abdullah University of Science and Technology (KAUST); TAQNIA - the technology arm of the Saudi Public Investments Fund, and a knowledge-based industries accelerator; and RTI International – one of the world’s leading research institutes dedicated to Khalid Al-Falih, CEO, Saudi Aramco improving the human condition by turning knowledge into practice. As its first action, SAARA has established Technovia - a new venture dedicated to maintaining a systematic, staged process to build a pipeline of commercialisation opportunities in Saudi Arabia. In his speech at the event, titled “Bridging the gap between lab and industry”, Saudi Aramco CEO, Khalid Al-Falih said that: “We believe that this is a truly pivotal moment in the kingdom’s goal of a fully integrated innovation ecosystem. Certainly, the kingdom’s R&D progress in the past 10 years has been remarkable. New, world-class universities have been built; leading research centres have come on-stream; globally-recognised technology incubators have been created. And the kingdom now ranks first among Arab countries in globally registered patents, holding some 45 per cent of the total. Indeed, we’ve been a major player in that progress at Saudi Aramco, and we’ve really picked up the pace with increasing numbers of patents filed and granted over the past few years.” Located at the Dhahran Techno Valley, and with offices in Riyadh and Thuwal, Technovia will be operated by TAQNIA and RTI. Technovia will work with stakeholders to prepare technologies for the strongest market entry and position them competitively for external investment and funding. It will screen ideas for those with highest commercial potential, conduct IP assessment, market research and competitive analysis, develop and test prototypes and field-able demonstrations, and prepare technologies for commercial launch. Oilennium’s ConTrainer package receives top results Oilennium Ltd., a Petrofac Training Services (PTS) company providing eLearning training services to the oil and gas industry, announced that since Dolphin Geophysical deployed the ConTrainer on its global fleet of seismic vessels, the company has experienced a dramatic improvement in its ability to deliver quality, consistent Health, Safety and Technical training to its crews offshore. The ConTrainer, a standalone Learning Management System (LMS) that features comprehensive training content for the oil and gas industry on a small computer system, is the only one of its kind to offer eLearning modules offshore and in remote locations. 50 Pipeline JANUARY/2015 Developed by Oilennium, the ConTrainer was created in response to demand from oil and gas companies seeking to provide interactive learning for employees working in remote locations where access to the Internet is intermittent. Internet captive no more Norway’s Dolphin Geophysical, which supplies marine geophysical services with its fleet of seven newgeneration high capacity seismic vessels, recognised a need to reliably train its crews consistently, whether offshore or docked in harbour. Mike Hodge, vice president of QHSE for Dolphin Geophysical commented: www.pipelineme.com “Before we began using the ConTrainer, our efforts to train crews on vessels via eLearning systems were compromised by constrained VSAT access to the internet, which most eLearning systems require. To test the effectiveness of the ConTrainer, we conducted a three-month trial on two of our new 3D vessels Polar Duke and Polar Duchess, in international waters. We were able to monitor learners’ progress from our global headquarters in Bergen, Norway. We were impressed by the rapid uptake by our crews. The compelling, media-rich quality of the programmes really engaged them, and fuelled their desire to progress, which in turn enhanced retention.” PEOPLE NEW APPOINTMENTS Saudi Aramco vet joins Halliburton board Halliburton has added 30-year Saudi Aramco veteran, Abdulaziz F. Al Khayyal to its board of directors, the company officially announced, just weeks after its multi-billion dollar merger with rival Baker Hughes. The appointment will see Al Khayyal stand for election by stockholders at the company’s annual meeting in May 2015. Al Khayyal retired as senior vice president, Industrial Relations in April this year. Al Khayyal held a variety of managerial positions in oil and gas operations and maintenance while at Saudi Aramco, including senior vice president, International Operations, and senior vice president, Refining, Marketing and International. In 2004, Al Khayyal was appointed to the board of directors of Saudi Aramco, and served as chairman of board of directors for Saudi petrochemicals company PetroRabigh from 2005 to 2012. He was also chairman of the board of Vela International Marine. Shell appoints new chairman Shell has appointed Charles O. Holliday as chairman with effect from the conclusion of the 2015 Annual General Meeting (AGM), subject to his re-appointment as a director of the company by shareholders at the AGM. Holliday will succeed Jorma Ollila who will step down from Shell’s board following conclusion of the 2015 AGM having served as chairman for nine years. Holliday was appointed as a non-executive director of the company with effect from September 2010, and is currently chairman of the Corporate and Social Responsibility Committee and member of the Remuneration Committee. He was CEO of DuPont from 1998 to 2009, and chairman from 1999 to 2009. He is a member of the 52 Pipeline JANUARY/2015 board of directors of Bank of America Corporation, having previously served as chairman up until September 2014, and is also a director of Deere & Company. Unique Maritime names global diving director Steve MacMillan has joined as Global Project director for Unique Maritime Group’s (UMG) Diving Division and its Global QHSE director. He will be based at UMG’s head office in Sharjah, UAE. MacMillan’s main responsibilities will focus on managing and coordinating large and complex Diving related projects through all phases of design, permitting and construction. He will also provide leadership for the regional site project management teams by managing, coordinating and developing UMG staff. He will also be responsible for developing and driving the companies QHSE culture in his role as director of QHSE. MacMillan started his early career in the diving industry in 1981 as an air diver, working out of Singapore. He then rapidly progressed on to becoming a saturation diver and onwards as a Saturation supervisor. In 1995, he joined McDermott as an operations manager and ultimately became the director of International Diving for McDermott as well as director of HSES for the Subsea Group. GAC names new European O&G business manager Steve Gibson has been appointed Oil & Gas Business manager, Europe – Global Hub Services, to drive the development of a dedicated hub service for oil and gas customers throughout the region. Gibson’s new role was created with GAC’s oil and gas customers in mind. With his appointment, the company will be able to take full advantage of GAC’s insight, expertise and experience in the sector to help deliver their strategies with more specialist services, GAC locations and support for clients in the UK, throughout Europe and beyond. Gibson continues to be based at GAC’s quayside office and warehouses at Aberdeen, Scotland where he has worked for the last three years, most recently as general manager, Oil & Gas. www.pipelineme.com Penspen hires new COO Penspen has named Dr Caroline Brown as chief operating officer. She will be responsible for the efficient operation of Penspen’s global operations across Europe and Africa, the Middle East, Asia-Pacific and The Americas. With executive experience across the energy, technology and professional services sectors, Dr Brown has managed FTSE100 and rapidly growing companies as an executive director of Petrofac Energy Developments, Gulf Keystone Petroleum, and KBC. She has a background in energy corporate finance with blue-chip banks including Merrill Lynch, UBS and HSBC and is an experienced non-executive director with companies including WSP Group plc, Bridge Energy ASA and Intelligent Energy plc. Dr Brown holds a First Class degree and PhD in Chemistry from the University of Cambridge, a Masters of Business Administration from the Cass Business School, is a Fellow of the Chartered Institute of Management Accountants and, a Chartered Director and member of the Institute of Directors. DNV GL expands SE Asia LNG consultancy with regional manager DNV GL has appointed Arve Johan Kalleklev regional manager for Oil & Gas in South East Asia just as the company is establishing a dedicated LNG and Gas Consulting unit in Singapore. The unit will support the extensive development plans for a safe, secure and reliable gas and LNG infrastructure in Asia. The new unit will bring together local talent with strong support from DNV GL’s wide international network of experts, combined with access to unique testing and training facilities. These include DNV GL’s Spadeadam fire and explosion test site and natural gas flow centre in the UK and natural gas calibration and testing facility in the Netherlands. Rigs Update PREPARED BY: Ian Anderson, Semco Maritime [email protected] For updates, comments and corrections - Tel (Mob): 971 50 6463350 Working status of Jack-up rigs Middle East, India & Egypt COMPANY RIG TYPE MAX.WD MAX.DD OPERATOR LOCATION CONTRACT STATUS OP. STATUS TOP DRIVE ABAN LLOYD ABAN LLOYD ABAN LLOYD ABAN LLOYD ABAN LLOYD ABAN LLOYD ABAN LLOYD ABAN 2 ABAN 3 (IDA) ABAN 4 (HITDRILL 1) ABAN 5 ABAN 6 ABAN 7 (ROWAN TEX) ABAN 8 BETH.250MS LeT 53SC BMC 300IC F&G L 780 MOD 2. JUBILEE CLASS LeT 52 BMC PACIFIC 375 270 300 300 300 250 250 375 25000 ONGC 20000 ONGC 21000 ONGC 25000 NONE IOOC 20000 NONE 35000 PETROPARS INDIA RAVVA FIELD INDIA (IOC) INDIA SHARJAH .UAE IRAN SHARJAH .UAE IRAN - SOUTH PARS 12. Q2/2016 Q1/2018 Q1/2018 DRILLING DRILLING DRILLING IDLE DRILLING IDLE DRILLING MEXICO TDS 11 SA TDS 11 SA CANRIG 1050E-2SP VARCO VARCO VARCO VARCO TDS 85A VARCO HPS-800-EDC-2S-SG VARCO HPS-1000-2EAC-KT VARCO HPS-1000-2EAC-KT VARCO -HPS 800E-DCVARCO HPS-1000-2EAC-KT VARCO HPS-1000-2EAC-KT VARCO -HPS 800E-DCVARCO - HPS 1000-2E-AC-KT VARCO TDS -3 N/A N/A VARCO TDS -3 FEB.2015 ABAN LLOYD DEEP DRILLER 1 BAKER 375 PACIFIC 375 30000 PEMEX Q3 - 2016 DRILLING ABAN LLOYD DEEP DRILLER 2 KFELS MOD V B 350 35000 IRANIAN CONTRACT IRAN OCT.2015 DRILLING ABAN LLOYD DEEP DRILLER 3 KFELS MOD V B 350 35000 PETRONASCARIGALI MALAYSIA Q4/2015 DRILLING ABAN LLOYD DEEP DRILLER 4 BAKER 375 PACIFIC 375 30000 IRANIAN CONTRACT IRAN OCT.2015 DRILLING ABAN LLOYD DEEP DRILLER 5 KFELS MOD V B 350 35000 PV DRILLING VIETNAM Q2 - 2015 DRILLING ABAN LLOYD DEEP DRILLER 6 KFELS MOD V B 350 35000 PETROPARS IRAN - SOUTH PARS 12. AUG.2015 DRILLING ABAN LLOYD DEEP DRILLER 7 BAKER 375PACIFIC 375 30000 PEMEX MEXICO ABAN LLOYD DEEP DRILLER 8 BAKER 375PACIFIC 375 30000 SHELL BRUNEI BRUNEI ADC ADC DELTA MARINE SERVICES ADC ARABDRILL 17 ARABDRILL 20 DELTA 22 ARABDRILL 8 LeT 82 SC MPSV (UTILITY) BMC 150 L/Q BMC 150 300 135 200 150 20000 N/A N/A 20000 ARAMCO KJO BUNDUQ OIL KJO KSA AL KHAFJI, KSA ASRY - BAHRAIN AL KHAFJI, KSA LAMPRELL SHARJAH YARD ONGOING L/Q PLATFORM JULY 2017 AL KHAFJI KSA QI/2016 KSA AL KHAFJI, KSA SINGAPORE YARD AL KHAFJI, KSA JULY 2017 DRILLING DRILLING YARDSTAY WORKING WORKING DRILLING NON DRILLING SUPPORT DRILLING DRILLINMG DELIVERY END 2015 DRILLING ADC (EX BIMA) ARABDRILL 40 MSC 4 LEGS 160 N/A ADC ADC ADC ADC (WEST CERES) AMS/EZION AMS/EZION AMS/EZION AMS/EZION ANADARKO ARAMCO ARAMCO COSL COSL COSL COSL COSL EGYPTIAN DC EGYPTIAN DC EGYPTIAN DC EGYPTIAN DC EGYPTIAN DC EGYPTIAN DC ENSCO ENSCO ENSCO ENSCO ENSCO ENSCO ENSCO ENSCO ENSCO EURASIA DRILLING CO. EURASIA DRILLING CO. GLOBAL PETRO TECH GREAT OFFSHORE ARABDRILL 50 ARABDRILL 60 ARABDRILL 70 ARABDRILL 30 TRANSOCEAN 136 TIBERON 1 TIBERON 2 SHELF EXPLORER EPU AL MORJAN SAR 201 (SAMDP3) SAR 202 COSL CRAFT COSL FORCE COSL POWER COSL STRIKE COSL SUPERIOR EL QAHER 1 EL QAHER 2 KAMOSE (FD 3) SENUSRET SNEFERU (NEWBUILD) ZOSER ENSCO 54 ENSCO 58 ENSCO 76 ENSCO 84 ENSCO 88 ENSCO 91 ENSCO 94 ENSCO 96 ENSCO 97 NEPTUNE MERCURY GLOBAL PEARL KEDARNATH KFELS MOD V B KFELS B CLASS KFELSBCLASS KFELS MOD V B F&G L780 MOD2 CFEM T-2600 C1 F&G L70 MOD 2 CFEM T-2005-C SELF.EL. (EPU) BAKER 200 KFELS SUPER B KFELS MOD V B BAKER PACIFIC BAKER 375 FREEDO KFELS MOD V B BAKER PACIFIC BAKER 375 PACIFIC BAKER 375 PACIFIC LEV.111C MODEC 200C-45 BAKER 375 HITACHI ZOSEN F&G L780 MOD2 F&G L 780 MOD 2. LeT S116C LeT 82 -SD-C Let 82 SD HITACHI C-150 HITACHI ZOSEN HIT.ZOSEN C-250 LeT 82 SCD LET 116E LET 116E LeT 82 SD - C LeT 84S 300 400 400 300 300 300 300 300 30000 ARAMCO 35000 ARAMCO 35000 ARAMCO / KJO 30000 KJO 25000 200 450 400 375 375 400 375 375 375 300 180 375 250 300 300 300 250 250 270 250 250 250 350 350 250 300 25000 35000 30000 30000 30000 30000 30000 30000 30000 20000 20000 30000 20000 25000 25000 25000 20000 20000 20000 20000 25000 25000 30000 30000 20000 20000 GREATSHIP GREATDRILL CHAARU LET SUPER 116E 350 30000 NEWBUILD LAMPRELL HAMRIYAH ONGC TO 2020 ON DELIVERY DELIVERY Q3/2015 GREAT SHIP GREATDRILL CHAAYA LET SUPER116E 350 30000 ONGC INDIA DELIVERED JAN.7TH. GREATSHIP GULF DRILLING CO QATAR GULF DRILLING CO QATAR GULF DRILLING CO QATAR GULF DRILLING CO QATAR NOV. 2015 GULF DRILLING CO QATAR GULF DRILLING CO QATAR GULF DRILLING CO QATAR GULF DRILLING CO QATAR GULF DRILLING CO QATAR GULF PETROLEUM INVEST. HARRINGTON HALLWORTHY (FORESIGHT) HALLWORTHY (FORESIGHT) CHETNA AL DOHA (GULF 1) AL KHOR (GULF 4) AL RAYAN (GULF 2) AL WAJBAH (GULF 3) AL ZUBARAH (GULF 5) AL JASSRA ZIKREET (ENSCO 95) HALUL DUKHAN MSHEIREB(VICKSBURG) TRANSOCEAN NORDIC WEST JANUS FORESIGHT D.5. (144) FORESIGHT D.7 KFELS MOD V B MD -T-76J8 KFELS MOD V B F&G L780 MOD2 LET 82 IC KFELS MOD V B PACIFIC 400 CLASS HIT.ZOSEN C-250 KFELS MOD V B KFELS MOD V B LeT 116C CFEM-T-2601-C GUSTO(FEMCO) FELS LeT 116C 300 250 300 300 275 300 400 250 300 300 300 300 330 160 350 30000 20000 30000 25000 25000 30000 30000 25000 30000 30000 25000 25000 30000 12000 20000 BRITISH GAS QATAR PETROLEUM SHELL QATAR OXY QATAR OXY QATAR QATAR PETROLEUM MAERSK OIL QATAR RAS GAS L/Q JOB QATAR PETROLEUM QATAR PETROLEUM OXY, QATAR. NONE INDIA DOHA QATAR - BLOCK D IDD EL SHARGI RO6 ISS-34B IDD EL SHARGI QATAR AL SHAHEEN FIELD QATAR QATAR QATAR IDD EL SHARGI RO6 UAE WATERS IRAN IRAN STACKED MIDDLEEAST 25000 MAERSK OIL DK. ANADARKO ARAMCO ARAMCO GLOBAL PETROTEK GLOBAL PETROTEK PTTEP,THAILAND GLOBAL PETROTEK CNOOC PETROBEL PETROBEL ARAMCO ARAMCO SUCO ARAMCO ARAMCO ARAMCO ARAMCO ARAMCO ARAMCO ARAMCO ARAMCO ARAMCO DRAGON OIL DRAGON OIL NONE ONGC IOOC NONE DENMARK AL RAYAN - QATAR KSA-TANAJIB KSA IRAN IRAN THAILAND IRAN - DANA DRILLING BLOCK C, QATAR EGYPT - MED EGYPT - MED EGYPT KSA KSA GULF SUEZ KSA KSA RED SEA KSA KSA KSA KSA KSA KSA CASPIAN LAMPRELL HAMRIYAH STACKED SHJ PORT INDIA SPONSORED BY SEMCO MARITIME UNDER CONSTRUCTION EXTENSION PENDING SOLD TO ATLANTIC - EZION SOLD TO ATLANTIC - EZION SOLD TO ATLANTIC - EZION SOLD TO ATLANTIC - EZION ON CONTRACT ARAMCO ON CONTRACT ARAMCO END 2014 END 2014 Q3/2015 END 2014 MID 2015 AUGUST 2015 OPTION PENDING Jul-16 AUG 2015 + I YEAR OPTION DEC.2014 3 YEARS PLUS OPTIONS JAN.2015 NOV.2018 NOV.2018 Q2/ 2016 JAN.2015 OPTION PENDING NOV.2018 NOV.2018 CASPIAN SEA UNDER CONSTRUCTION GLOBAL PETRO TECH NOV. 2015 JUNE 2018 Apr-15 MARCH 2015 MAY 2018 Q1/2018 JUNE 2016 JUNE 2018 Q4 2019 Q4 2019 JULY 2018 UPGRADE AWAITED DOCKED HAMRIYAH N/A VARCO TDS 8-A VARCO TDS 8 VARCO TDS 8 VARCO TDS 8A CONVERT TO L/Q CONVERT TO L/Q IN SERVICE DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DELIVERY NOV.2014 STACKED DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING L/Q RIG STILL UNDER BUILD MOBILIZING MOBILIZING STACKED DRILLING YARDWORKS N/A VARCO TDS -3 VARCO NOV TDS - 8SA NOV HPS 750-E-AC-SG VARCO HPS - 800 NOV TDS - 8SA NOV HPS 750-E-AC-SG VARCO HPS 800 VARCO HPS 800 VARCO IDS VARCO TDS -3 NOV HPS 750-E-AC-SG VARCO TDS -3 VARCO TDS - 4H MH - DDM650C VARCO TDS 8SA VARCO TDS 4H VARCO TDS 4H VARCO TDS-100 VARCO TDS -4H VARCO TDS -3 VARCO TDS -3 LEWCO 750 TON LEWCO 750 TON VARCO TDS 3H NO INFO LEWCO 750 TON A/C DIRECT LEWCO 750 TON A/C DIRECT VARCO TDS 4H. VARCO TDS 4 VARCO TDS 8 VARCO TDS 4. VARCO TDS 4. VARCO TDS 8 VARCO TDS 4-H DELIVCERY Q4/2014 VARCO TDS 8 VARCO TDS 4S NO VARCO TDS 4H. Pipeline JANUARY/2015 53 Rigs Update Working status of Jack-up rigs Middle East, India & Egypt COMPANY RIG TYPE MAX.WD MAX.DD OPERATOR LOCATION CONTRACT STATUS OP. STATUS TOP DRIVE SOLD TO FOCUS ENERGY HERCULES DRILLING HERCULES DRILLING HERCULES DRILLING HERCULES DRILLING HERCULES DRILLING HERCULES DRILLING IOOC IOOC JAGSON JAGSON JAGSON JAGSON KS ENERGY/ATLANTIC JINDAL PIPES JINDAL PIPES MENA DRILL MILLENIUM OFFSHORE SERVICES MILLENIUM OFFSHORE SERVICES MILLENIUM OFFSHORE SERVICES MILLENIUM OFFSHORE SERVICES MILLENIUM OFFSHORE SERVICES MILLENIUM OFFSHORE SERVICES MILLENIUM OFFSHORE SERVICES NABORS NABORS NABORS NABORS NABORS NABORS (OCEAN WARWICK) HERCULES 170 AMBERJACK HERCULES 156 HERCULES 261 HERCULES 262 HERCULES 266 WHALESHARK AL BORZ SHAHID REJAIA DEEP SEA MATDRILL DEEPSEA FOSSIL DEEPSEA FORTUNE DEEPSEA TREASURE KS MEDSTAR 1. JINDAL PIONEER JINDAL STAR MENADRILL 2. SONAT-C LIFTBOAT BMC 200 IC LeT 82 - SD-C LeT 82 - SD-C LeT 82 - SD-C LIFTBOAT LeT42 HITACHI ZOSEN-C BMC 250M F&G L780 MOD2 F&G L780 MOD2 LEV 111C. MODEC 200C-45 LET SUPER 116E LET SUPER 116E F&G SUPER M2 170 16000 ASRY YARD BAHRAIN BOUGHT BY FOCUS ENERGY 170 250 250 250 ASRY YARD BAHRAIN KSA KSA KSA KSA ABUZAR - IRAN IRAN - KISH INDIA INDIA INDIA INDIA EGYPT SUEZ LAMPRELL HAMRIYAH INDIA MEXICO VARCO TDS 3 N/A VARCO TDS 1 VARCO TDS 3H VARCO TDS 3H VARCO TDS-3 N/A 250 300 250 300 300 300 225 350 350 300 16000 25000 ARAMCO 25000 ARAMCO 25000 ARAMCO ARAMCO 20000 PEDCO 25000 20000 ONGC 25000 25000 20000 25000 PETROBEL 30000 NEWBUILD 30000 ONGC 30000 PEMEX CONTRACTED MOBILIZING RE-ACTIVATION STANDBYE RAK STACKED MOBILIZING DRILLING DRILLING WORKING DRILLING STACKED DRILLING DRILLING DRILLING IDLE DRILLING DELIVERY Q1/2015 DRILLING TRIALS AHMED LeT 40 L/Q 300 N/A GUPCO EGYPT SUEZ EN ROUTE UAE - YARDSTAY ACCOMODATION N/A DEEMA LeT 150 L/Q 170 N/A HYUNDAI /RAS GAS QATAR UAE - SHARJAH PORT YARDWORKS N/A LEEN SE.UTILITY L/Q 140 N/A ZADCO ABU DHABI OPTION EXCERCISED ACCOMODATION N/A MARINIA SE.UTILITY L/Q 160 N/A OXY QATAR QATAR UAE - SHARJAH PORT YARDWORKS N/A FRONTIER (TRID IV) L/Q PLATFORM 300 N/A AUSTRALIA MOBILIZING ON CONTRACT ACCOMODATION N/A BURJ LeT Class 53 350 25000 UAE UAE - SHARJAH PORT YARDWORKS N/A TRIDENT 1 SE.UTILITY L/Q 200 N/A UNDER CONTRACT ACCOMODATION N/A NABORS 240 (OM 8) NABORS 655 (143) NABORS 656 (KEY VIC) NABORS 657 NABORS 867 (145) NABORS 660 BMC 150-IC FELS LeT 80 MITSUI F550 FELS C LEV 111 160 160 250 250 150 300 20000 12000 25000 20000 12000 20000 NONE ARAMCO ARAMCO ARAMCO NONE ARAMCO ABU DHABI ASRY YARD BAHRAIN KSA KSA ABU DHABI YARD KSA STACKED AND AVAILABLE CONTRACT TO 2017 CONTRACT TO 2017 CONTRACT TO 2015 SOLD TO AL ZAKHER MAR. Q4/2016 YARD -BACK TO KSA DRILLING DRILLING CONVERT TO L/Q DRILLING NDC AL BZOOM BMC 160-C 110 18000 ADMA-OPCO ABU DHABI ONGOING CONTRACT DRILLING NDC NDC NDC NDC NDC NDC NDC NDC NDC NDC AL GHALLAN AL HAIL AL ITTIHAD AL YASAT BEYNOUNA BRAKAH DELMA DIYINA JUNANA AL GHWEIFAT LeT 82 S KFELS MOD V B LeT 82 S HITACHI ZOSEN-C BMC 160-C BMC 150-C BMC 150-C HITACHI ZOSEN-C HITACHI ZOSEN-S BARGE 150 350 150 180 150 150 150 180 150 20000 ZADCO 30000 ADMA-OPCO 20000 ADMA-OPCO 20000 ABU DHABI YARD 18000 ZADCO 18000 ADMA-OPCO 18000 ADMA-OPCO 20000 ADMA-OPCO 20000 ZADCO ADMA-OPCO UAE, ABU DHABI UAE, ABU DHABI UAE, ABU DHABI UAE, ABU DHABI UPPER ZAKUM AD. ABU DHABI ABU DHABI UPPER ZAKUM UZ 416 ABU DHABI ABU DHABI ONGOING CONTRACT ONGOING CONTRACT ONGOING CONTRACT ONGOING CONTRACT ONGOING CONTRACT ONGOING CONTRACT ONGOING CONTRACT RIAP PLANNED ONGOING CONTRACT ONGOING CONTRACT DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING LONG TERM ARAMCO Q4/2019 UNTIL Q1/2016 DEC. 2014 Q1/ 2018 Q1/ 2018 MAY 2015 (1 YEAR OPTION) NDC (RIG 1) NDC MAKHASIB LeT SUPER 116E 200 30000 ADMA-OPCO ABU DHABI DEC. 2015 DRILLING NDC (RIG 2) NDC MUHAIYIMAT LeT SUPER 116E 200 30000 ADMA-OPCO ABU DHABI UNDER CONTRACT DRILLING NDC (RIG 3) QUARNIN LeT SUPER 116E 200 30000 ADMA-OPCO ABU DHABI UNDER CONTRACT DRILLING NDC (RIG 4) MARAWAH LeT SUPER 116E 200 30000 ADMA-OPCO ABU DHABI UNDER CONTRACT DRILLING NDC (RIG 5) BUTINAH LET SUPER 116E 200 30000 ADMA-OPCO LAMPRELL HAMRIYAH NEWBUILD - UNDERWAY DELIVERY Q4/2014 NDC (RIG 6) AL SHUWEHAT LET SUPER 116E 200 30000 ADMA-OPCO LAMPRELL HAMRIYAH NEWBUILD - UNDERWAY DELIVERY Q1/2015 YEMILAH SHAHID MODARRES AL VAND (SCAN BAY) IRAN KHAZAR ALAN HAY CHARLES COPELAND PARAGON M 1161 PARAGON M 822 DAVID TINSLEY DHABI 2 PARAGON B152 PARAGON L 785 GENE HOUSE PARAGON L 785 PARAGON L 1111 PARAGON L784 JOE BEALL PARAGON L 786 ROGER LEWIS PARAGON M 1162 SCOTT MARKS MICK O'BRIAN PARAGON L 1115 THULE POWER (AD19) SAGAR BHUSHAN SAGAR GAURAV SAGAR JYOTI SAGAR KIRAN SAGAR PRAGATI HITACHI ZOSEN-C BETH.250C MS BETH.250C F&G L780 MOD2 LEV.111C LeT 82 S-D-C LeT 116C LeT 82C MODEC 300C-38 BMC 150 BMC -150 IC LEV.111C MODEC 300C-38 F&G L780 MOD2 LEV.111C F &G L780 MOD2 MODEC 300C-38 F &G L780 MOD2 F&G JU 2000E LeT 116C F&G JU 2000E F&G JU 3000N LEV.111C BMC 200H DRILL DHIP ROBCO 350 HITACHI ZOSEN HITACHI K 1045 CFEM - T- 2000C 200 210 250 300 300 280 300 250 300 160 150 300 300 300 300 300 300 300 400 328 400 400 300 250 1000 300 300 300 300 18000 20000 20000 20000 25000 20000 25000 20000 25000 20000 20000 25000 25000 20000 30000 25000 25000 25000 30000 30000 30000 30000 20000 21000 20000 20000 20000 20000 20000 ADMA-OPCO IOOC OYSTER GROUP PETRONAS DUBAI PETROLEUM ARAMCO ONGC U.SHAIF US 262 IRAN DUBAI MARITIMECITY IRAN DUBAI KSA INDIA RIAP PLANNED REPAIRS AT ISOICO YARD DRILLING TBA ADOC NDC (ADOC) ONGC ARAMCO TALISMAN TBA RAS GAS QATAR ARAMCO ONGC ARAMCO ADMA OPCO ARAMCO DPA LAMPRELL HAMRIYAH ABU DHABI ABU DHABI INDIA BOMBAY HIGH KSA MALAYSIA LAMPRELL HAMRIYAH BARZANFIELD WHP-2 KSA INDIA KSA ABU DHABI KSA OFFSHORE DUBAI JULY 2015 NOV.2015 FEB.2015 TO END NOVEMBER 2015 ON CONTRACT STACKED DEC.- 2014 NOV. 2018 Q4/2018 Q2/2017 ADMA OPCO Q2/2017 STACKED DRILLING DRILLING DRILLING DRILLING STACKED STACKED DRILLING DRILLING DRILLING DRILLING DRILLING STACKED DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING INCOMPLETE ONGC ONGC ONGC ONGC ONGC HAMRIYAH PORT BOMBAY HIGH INDIA-BOMBAY HIGH, N-7 INDIA - TAPTI, SD6. INDIA-BOMBAY - NO INDIA-BOMBAY H. SOLD TO TWIN FOUNTAINS ONGOING CONTRACT ONGOING CONTRACT ONGOING CONTRACT ONGOING CONTRACT CONVERSION DRILLING DRILLING DRILLING DRILLING YARD TO PRODUCTION NDC NIDC NIOC NIOC NOBLE NOBLE NOBLE CHARLIE YESTER NOBLE CHUCK SYRINGE NOBLE NOBLE NOBLE DICK FAVOR NOBLE ED HOLT NOBLE NOBLE GEORGE MCLEOD NOBLE GUS ANDROES NOBLE JIMMY PUCKETT NOBLE NOBLE KENNETH DELANEY NOBLE NOBLE ROY RHODES NOBLE NOBLE NOBLE HARVEY DUHANEY TWIN FOUNTAINS (KS) ONGC ONGC ONGC ONGC ONGC 54 Pipeline JANUARY/2015 SPONSORED BY SEMCO MARITIME NO NEWS ! Q4/2016 SEPT.2015 Q4/ 2018 TESCO 1350HP 500ELI NO VARCO TDS -3 VARCO TDS 8SA VARCO TDS 8SA VARCO TDS 8SA CANRIG 1050E 500T CANRIG 8035E CANRIG 1050E NAT. PS 2-500 NEW NAME - REALM 1 VARCO TDS-3 LEWCO DDTD500TONS NO VARCO NO NAT. PS 2-500 TESCO 500 HS TESCO 1350HP 650ELI NO NAT. PS 2-500 VARCO TDS-4 LEWCO 750 TON A/C DIRECT LEWCO 750 TON A/C DIRECT LEWCO 750 TON A/C DIRECT LEWCO 750 TON A/C DIRECT LEWCO 750 TON A/C DIRECT LEWCO 750 TON A/C DIRECT TESCO 1350HP 650ELI NO NO TESCO 500 EC VARCO TDS - 5H VARCO TDS 4SH VARCO TDS-3HE VARCO TDS 5H VARCO TDS - 5H VARCO TDS - 3 VARCO TDS 5H VARCO TDS 4SH VARCO TDS 5H VARCO - TDS 3-SH NOV PS-2 750 A VARCO TDS-4SH NOV PS-2 750 A VARCO TDS-3SH NOV HYDRALIFT 750 NOV PS-2 750 A NAT.HPS-750-E-AC NOV PS2 750 A VARCO TDS - 5H NO NO NO NO NO Rigs Update Working status of Jack-up rigs Middle East, India & Egypt COMPANY RIG TYPE MAX.WD MAX.DD OPERATOR LOCATION CONTRACT STATUS ONGC SAGAR RATNA 300 20000 ONGC HINDUSTAN SHIPYARD YARDWORKS ONGC SAGAR SAMRAT 250 18000 ONGC INDIA-BASSEIN, S-12 ONGC ONGC ONGC PEMSA PEMSA PETROGREEN EZION PYRAMID DRILLING QUEST ENERGY ROWAN CO. INC. ROWAN CO. INC. ROWAN CO. INC. ROWAN CO. INC. ROWAN CO. INC. ROWAN CO. INC. ROWAN CO. INC. ROWAN CO. INC. ROWAN CO. INC. ROWAN CO. INC. TERRAS OFFSHORE (EZION) ROWAN CO. INC. SAGADRIL, INC. SAGADRIL, INC. SAIPEM SAIPEM SAIPEM SAIPEM SAGAR SHAKTI SAGAR UDAY SAGAR WIJAY HAFFAR 2. (HULL 108) HAFFARI (Hull 106) ARMANATH NOAH'S ARK BENNEVIS WAVE SIERRA ARCH ROWAN BOB KELLER BOB PALMER CHARLES ROWAN GILBERT ROWE HANK BOSEWELL RALPH COFFMAN ROWAN CALIFORNIA ROWAN MIDDLETOWN ROWAN MISSISSIPPI TERAS TITANIUM SCOOTER YEARGAIN SAGADRIL 1 (HAK 9) SAGADRIL 2 (HAK 7) PERRO NEGRO 2 PERRO NEGRO 3 PERRO NEGRO 4 PERRO NEGRO 5 HITACHI ZOSEN OFFSHORE DESIGN S/P ROBCO 350 HITACHI K 1045 DRILL DHIP F&G SUPER M2 F&G SUPER M2 F&G L780 MOD2 LeT 43 SC ORION TYPE Lev.MSC CJ 50 LeT 116C LeT Tarzan Class LeT Tarzan Class LeT 116C LeT 116C LeT Tarzan Class LeT Workhorse LeT 116C LeT 116C LeT Workhorse LeT 116C LeT Tarzan Class MD J - 300E MD J - 300E LeT 116C F &G L780 MOD2 LeT 150-44 Lev. 111. 300 300 2953 300 300 300 300 250 325 350 300 300 300 350 300 400 300 350 400 350 300 300 300 300 300 150 300 20000 20000 20000 30000 30000 25000 20000 20000 25000 25000 40000 40000 25000 25000 40000 35000 25000 25000 35000 25000 40000 20000 20000 21000 20000 16000 25000 ONGC ONGC ONGC PEMEX PEMEX IRAN ? QATAR OPERATOR GUPCO NONE ARAMCO ARAMCO ARAMCO ARAMCO ARAMCO ARAMCO GALP ENERGIA MAERSK OIL ARAMCO ARAMCO (EX PARIS) ARAMCO INDIA-BOMBAY, W1-7 L&T YARD OMAN INDIAN WATERS LAMPRELL SHARJAH DOS BOCAS, MEXICO QATAR GULF SUEZ HAMRIYAH DOCK KSA - ABU SAFAH KSA - HASBAH KSA - HASBAH KSA - MANIFA KSA - SAFANIYA KSA - KARAN CYPRUS QATAR KSA - MARJAN 434 KSA - ARABIYAH ABU DHABI YARD KSA TOTAL ABU AL BKS ADMA OPCO PETROBEL ARAMCO UAE - HAMRIYAH ABU DHABI, UAE ABU DHABI, UAE EGYPT KSA / BAHRAIN DEC.2014 ONGOING CONTRACT Q1/2015 Q4 / 2014 YARDWORKS DRILLING DRILLING DRILLING DRILLING SAIPEM PERRO NEGRO 7 BMC PACIFIC CLASS 375 30000 ARAMCO KSA Q4/2015 YARD SEADRILL SEADRILL SEADRILL SEADRILL SEADRILL SEADRILL SEADRILL SEADRILL SEADRILL SEADRILL SEADRILL SEADRILL SEADRILL SeaDrill/PT Apex SHIV - VANI SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING SHELF DRILLING UMW TRANSOCEAN GSP ROMANIA TRANSOCEAN TRANSOCEAN TRANSOCEAN US CONSORTIUM AOD - 1 AOD - 2 AOD - 3 WEST CALLISTO WEST FREEDOM WEST INTREPID WEST MISCHIEF WEST RESOLUTE WEST TRITON WEST TUCANA WEST CASTOR WEST TELESTO WEST OBERON RANI WORO SHIVANI HERITAGE HIGH ISLAND 7 RIG 105 RIG 124 RIG 141 C.E. THORNTON TRANSOCEAN COMET F.G. McLINTOCK HIGH ISLAND 4 HIGH ISLAND 9 HIGH ISLAND II J.T. ANGEL KEY HAWAII KEY SINGAPORE MAIN PASS I MAIN PASS IV COMET TRIDENT XV GALVESTON KEY KEY GIBRALTER TRIDENT XVI GSF ADRIATIC X RANDOLPH YOST HARVEY H.WARD RON TAPPMEYER TRIDENT XIV TRIDENT 12 ADRIATIC 5 HIGH ISLAND V. TRIDENT 2 NAGA 6 INTEROCEAN III GSF MAGELLAN CONSTELLATION II TRIDENT VI RIG 134 DIXIE PATRIOT KFELS MOD VB KFELSMODVB KFELS MOD VB KFELS ModVB LeT SUPER 116E LeT SUPER 116E LeT SUPER 116E LeT SUPER 116E BMC 375 PACIFIC JU 2000E JU 2000E JU 2000E JU 2000E BMC 300IC F&G L 780 MOD 2. LET.82-SD-C LeT 52-C MODEC 200C-45 LeT 82C LeT 53 SONAT-C LeT 53C LeT 82-SD-C LeT 82-SD-C LeT 82-SD-C F &G L780 MOD2 MITSUI JC300 LeT 116C F&G L780 MOD2 F&G L780 MOD2 JUBILEE CLASS MODEC 300 C-38 LeT 116CS LeT 84 (116C in 1996) MODEC 300-C-38 LET 116C LeT 116C F&G L780 MOD2 LeT 116C BMC-300-IC BMC 300 IC LeT 116C LeT 82 SDC LeT 53-SC BAKER 400 SONAT ORION C F&G L780 MOD2 F&G JU 2000 MODEC-300-C35 F&G L780 MOD2 LIFT BOAT 300 300 300 300 350 350 350 350 375 400 400 400 400 320 300 250 250 250 250 300 250 300 280 280 280 300 300 350 300 300 250 300 300 300 300 300 300 300 300 300 300 300 270 300 375 300 300 400 220 300 30000 30000 30000 30000 30000 30000 30000 30000 30000 30000 30000 30000 30000 20000 20000 20000 20000 20000 25000 29000 20000 29000 20000 20000 20000 25000 25000 25000 25000 25000 20000 25000 25000 20000 25000 25000 25000 25000 25000 29000 29000 25000 20000 25000 30000 20000 25000 30000 21000 20000 ARAMCO ARAMCO ARAMCO ARAMCO KSA KSA KSA KSA VENEZUALA MEXICO AFRICA CONGO KSA KSA VIETNAM SINGAPORE DALIAN YARD CHINA SHARJAH .UAE RAS GHARIB, SUEZGULF NKOM YARD, DOHA GULF SUEZ GULF SUEZ GULF SUEZ INDIA GULF SUEZ INDIA KSA KSA KSA INDIA QATAR SINGAPORE KSA KSA OCTOBER FIELD GOS BENCHAMAS E VIETNAM VIETNAM VIETNAM NIGERIA INDONESIA INDIA INDIA WEST AFRICA INDIA DUBAI DRY DOCKS KSA INDIA - NEELAM VIETNAM ASRY YARD BAHRAIN WEST AFRICA GABON, WEST AFRICA 3 YEARS CONTRACT TO JUNE 2016 ON CONTRACT - 3 YEARS OCTOBER 2016 KJO KHAFJI JOINT OPS. PVEP - VIETNAM JURONG YARD PREMIER - VIETNAM DSIC DALIAN CRESCENT PET GUPCO QPD (AFTER YARD) PETROBEL AL AMAL PC GUPCO ONGC PETRO GULF ONGC ARAMCO ARAMCO ARAMCO ONGC (MAERSK OIL QATAR TBA ARAMCO ARAMCO GUPCO CHEVRON-THAILAND CUU LONG JOC PVEP POC PVEP POC ADDAX CHEVRON INDONES ONGC ONGC ADDAX ONGC ARAMCO ARAMCO Q4/2013 ONGC PETRONAS CARIGALI TOTAL E&P NONE NONE GDI & DOLPHIN QAT. QATAR SPONSORED BY SEMCO MARITIME OP. STATUS TOP DRIVE ONGOING CONTRACT DRILLING NO ONGOING CONTRACT YARD WORKS HOT STACKED DELIVERED DRILLING YARDWORKS STACKED DRILLING DRILLING DRILLING MOBILIZING DRILLING Ex. WEST LARISSA DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRIILLING DRILLING DRILLING DRILLING DELAYED DELIVERY DRILLING NO NO NO VARCO TDS 8SA VARCO TDS 8SA NO INFO ON TRIALS AVAILABLE NOV.2015 MAY 2024 AUGUST 2015 NOV.2015 MARCH 2015 AUGUST 2015 Q3/2016 APRIL 2015 DECEMBER 2015 NOVEMBER 2015 DEPARTS YARD MID OCT. NO DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING OCTOBER 2015 + I YEAR OPT. DRILLING IDLE MAY 2017 DRILLING TDS MS NO VARCO TDS 8SA VARCO VARCO VARCO VARCO VARCO TDS-4 VARCO LEWCO 750 A/C DRIVE VARCO VARCO LEWCO 750 A/C DRIVE VARCO VARCO VARCO TDS-3H VARCO TDS-4 H VARCO TDS-4 VARCO TDS-3 NO VARCO TDS-3 NAT HPS 750-E-AC SG 750K VARCO TDS 8SA VARCO TDS 8SA VARCO TDS 8SA VARCO TDS 8SA LEWCO 750 A/C DRIVE LEWCO 750 A/C DRIVE LEWCO 750 A/C DRIVE LEWCO 750 A/C DRIVE VARCO TDS -8SA MOBILIZING JULY 2015 SEPT 2015 DOCKING Q2/2015 UNTIL JAN. 2016 DOCKING Q2/2015 Q4/2014 (Q4/2019) AUGUST 2015 Q4/2014 (Q4/2019) Q1/2017 DEC.2016 REACTIVATION Q4/2014 (Q4/2019) Q4/2014 (Q4/2019) JULY 2016 UNTIL Q1/2016 END 2014 Q2 - 2015 JULY 15 , + 1 YEAR OPTION Q1/2017 Q1/2017 NEW CONTRACT ? STACKED UNTIL OCT.2018 Mar-15 END Q2 - 2015 NONE SOLD TO GSP ROMANIA EN RUTE - MID.EAST STACKED - HAMRIYAH PORT WORKING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING YARDWORKS DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING DRILLING YARD VARCO TDS 3 VARCO BJ VARCO TDS 3H VARCO TDS-3 NAT. PS 2-500 NAT. PS 2-500 VARCO TDS 3 VARCO TDS 3 VARCO TDS 3 NAT.PS 2-500 VARCO TDS 4-S VARCO TDS-3H VARCO TDS 4-H VARCO TDS-4H VARCO TDS-3 VARCO TDS 4-S VARCO TDS-3H VARCO TDS 3 VARCO TDS 3-H NOV PS 2 VARCO TDS 8-SA VARCO TDS - 3S VARCO TDS-3 VARCO TDS 4-S VARCO TDS-4H VARCO TDS-3 VARCO TDS-3H VARCO TDS -3H VARCO TDS 4S REACTIVATION ? VARCO TDS - 3H DRILLING VARCO TDS 4S DRILLING VARCO TDS-4 STACKED TDS - 4S DESTINATION BRAZIL VARCO TDS - 4H DRILLING NAT. PS 2-650/750 SOLD VARCO TDS-3H VARCO TDS-4 ACCOMODATION N/A Pipeline JANUARY/2015 55 Aerospace Flow Control Valves Fluid Connectors Tube / Hose Fittings Hyd. Cylinders EFLEX Climate Controls Filtration Tubes & Pipes Clamps/Couplings Hyd. / Ind. Hoses Quick Couplers O Automation O Chemicals O Engineering Services O Filtration Tube Clamps Hydraulics Instrumentation Ball / Check Valves Industrial Hoses Tube / Hose Fittings Hand H and d Tools Too ols ls Pneumatics O Fluid Conveyance O Hydraulics O Instrumentation O O-Rings & Seals O Pneumatics O Valves Seals & O-Rings Automation Inst. Panel Comp. Instrument Tubings Lifting Equip. ESMA INDUSTRIAL ENTERPRISES ESMA P.O. Box 18356, JAFZ, Dubai - U.A.E. Tel: +971 4 883 9100, Fax : +971 4 883 9495 E-mail: [email protected], Web: www.esmagroup.com Abu Dhabi RBV Energy Middle East FZC Warehouse No: Q4-011 SAIF Zone P.O. Box 122355 Sharjah - U.A.E. T : +971 (0)6 5528 150 M : +971 50 6789137 Aktau Almaty Baku Dubai www.esmagroup.com CLASSIFIEDS Jebel Ali Middle East’s leading supplier and stockiest of bulk piping material for more than 30 years. One stop shop for Carbon Steel, Stainless Steel and Alloy Steel. Cater to Oil & Gas, Petrochemical, Power & Desalination, Civil Construction, Ship Building, Marine and associated industries. F : +971 (0)6 5528 160 E : [email protected] LARGEST STOCK OF Gr.4130 PIPES IN MIDDLE EAST PIPES FITTINGS FLANGES VALVES ACCESSORIES Supply and Stockists of: AISI 4130 and X52. Pipe, BW fittings and pipe connectors. API and ANSI valves & control systems. Skid mounted packages including production and drilling manifolds. Special fabrications, pressure vessels, forged products and hose packages. Visit our website for more info: www.rbvenergy.com P.O. Box: 261815, Jebel Ali Free Zone, Dubai - United Arab Emirates TEL: +971 48860777, FAX: +971 48862727 / 8862961 Email: [email protected] www.i-m-s.ae Reach over 8,500 Oil and gas professionals Advertising Contact: Rafiq Sayyad Contact no.: +971 (4) 445 3655 Email: rafi[email protected] www.pipelineme.com Pipeline JANUARY/2015 57 SUPPLIER FOCUS: Offsure Design PROVIDING EXCELLENCE IN OFFSHORE ACCOMMODATION Dutch firm Offsure Design wants to make offshore accommodation worth staying in and the company can deliver turn-key projects for offshore projects by providing every necessary aspect of interior design from start to finish, according to Kelly Bossinade art director at the company Where are you located within the Middle East / GCC region? How important is this part of the world to your overall business? Offsure Design is not bounded to any region. Based on digital information of the customer a pre-design and offer can be made. After mutual consensus on the basedesign a full design can be made; which is known to us as “the project”. Wherever the projects are in the globe, we will visit the location to set details and final production of all applications and materials. The team at Offsure Design travels from the Netherlands to every location. All applications and designs are done in-house, so the quality and certification of the used material is guaranteed. Are there any standout projects within the region on which your company has worked, preferably within the last 6-12 months? The project on the Semi Sub OOS Prometheus, momentarily in Brazilian waters, will be executed on short notice 58 Pipeline JANUARY/2015 ©: Offsure Design How long has your business provided services /solutions for the oil & gas sector? Since 2013 when KB by KellyBossi design and Sytze Jan Bakker of Visual (production) joined forces for the interior design of rooms and corridors of the Semi-Submersible Heavy Lift Service Unit “OOS Gretha”. OOS International - located in the Netherlands - ordered to execute the project. During the transport of the vessel from Yantai CN in China to Brazil in January 2014, the installation team went on board in Mauritius and fixed the whole application before arrival in Rio De Janeiro. During this same period the application order was granted for the Semi Sub “OOS Prometheus”. as all materials are already produced. As we speak, a design has to be made for 150 Temporary Offshore Modules to be used by Petrobras Brazil; together with partner Desso (high Tech floorcoverings) a preliminary design will be made for a new 2,000-people capacity Offshore Hub. What has been the highlight of the last 12 months for your company? Executing our first big project the OOS Gretha. We provided Gretha with necessary wayfinding, interior design and decoration. The vessel now gives personal accommodation to 618 people. What is the competitive advantage your business has over others providing similar services? Offsure Design can provide a turn-key solution with certified and high spec certified materials according to an exclusive design. Our strength is that our organisation can adapt to any client demand by making lines of communication shorter without losing time and avoiding any misunderstanding that might occur. What are you most excited about for the coming year, in terms of your business outlook? Taking it to the next level. As a start up business basically anything you do will be a next level step, but we want to go full throttle in 2015. We want to show the offshore industry what is possible in terms of vessel design. We will do this by combining new (and daring) concepts with certified materials. www.pipelineme.com PROUDLY MADE IN UAE binghalib group www.vsmena.ae VALTEK SULAMERICANA MENA VALVES MANUFACTURING LLC Algeria Bahrain Egypt Iraq Jordan Kuwait Lebanon Libya Malta Morroco Oman Pakistan Qatar Saudi Arabia Tunesia United Arab Emirates Yemen