June 2019
News & Resources

Companies in the news

Sparrows Group has won contract renewals worth an estimated £30 million on the UKCS.
Emily Querubin / World Oil

Sparrows Group has won contract renewals worth an estimated £30 million on the UKCS. The renewed agreements reportedly are for the provision of crane management services over periods of one to five years. Under both contracts, the company will deliver a combination of preventive and corrective maintenance, including condition monitoring; inspection, testing and certification; crane operators; rigging equipment management; mechanical handling and engineering support; as well as a deck operations safety coaching program. The scope of work covers 73 cranes situated on several manned and unmanned installations throughout the North Sea. Image: Sparrows Group.

Halliburton has executed an integrated services contract with Royal Dutch Shell for post-salt development and pre-salt exploration in Brazil’s Campos and Santos basins. Under
terms of the contract, which includes a three-year term with a two-year extension, Halliburton will provide services to drive greater efficiency by integrating multiple product offerings and technologies. Brazil’s pre-salt fields are believed to be the most complex wells ever drilled, requiring a broad scope of capabilities to achieve economical and operational success.

Maersk Supply Service will deliver an integrated FPSO mooring installation and replacement solution for an American oil major in the Gulf of Guinea. As part of the project, Maersk will provide engineering, procurement, transportation of mooring equipment, safety management and offshore execution using four of its large anchor-handling vessels, as well as ROV and survey services. The company also has partnered with InterMoor, which will support the project with its expertise in engineering, design and offshore execution of mooring system operations.

Wellbore Integrity Solutions (WIS) will acquire the businesses and associated assets of DRILCO, Thomas Tools, and Fishing & Remedial services, along with part of a manufacturing facility in Houston, from Schlumberger. It was reported that the transaction is valued at approximately $400 million and is subject to regulatory approvals and other customary closing conditions. WIS says it will operate the combined businesses as a global, customer-focused provider of drilling tubular services; tubing work strings; rentals and accessories; and fishing and remedial services for drilling, intervention and abandonment activities. The transaction reportedly is expected to close by year end.

Flintstone Technology has delivered an in-line tensioning and pull-through connection mooring system for MODEC in West Africa. The system is scheduled to deploy on Tullow Oil’s Kwame Nkrumah MV21 FPSO vessel, off the coast of Ghana. The FPSO is installed in approximately 1,100 m of water on Jubilee field, one of the largest oil fields to be discovered offshore West Africa in the last decade. The mooring system will allow the conversion of the FPSO to a spread-moored configuration.

Petrofac has won several new contract awards and extensions, with a combined value of more than $30 million. The company will provide training solutions for key national and international oil companies in Oman, the UAE and Iraq. In Oman, Petrofac has two new awards for the provision of HSE and technical training solutions and a contract extension for the delivery of assessment services. In the UAE, the company has secured a contract for the provision of on-the-job technical training and other specialized services. Likewise, Petrofac has been awarded a contract renewal in Iraq, under which it will deliver training solutions.

Hunting Titan, a division of Hunting Plc, has entered an agreement with Xi’an Well-sun Electronics Technology for the distribution of Well-sun’s products and technologies for all markets, except China. According to Hunting, the agreement enhances its portfolio of cased-hole solution products and provides its customers with additional technology through the company’s distribution platform.

MAN Energy Solutions has opened a new U.S. headquarters and Gulf Coast service center in Brookshire, Texas. The new workshop and office complex, which is situated about 30 mi west of Houston, reportedly combines engine and turbomachinery repair operations. These operations previously were found at different Gulf Coast sites. The new 130,000-ft2 facility will serve as the home base for more than 140 employees, who provide technical support and field services to customers in the marine, oil and gas, petrochemical and power generation industries of North America.

Ashtead Technology has invested $2 million in a new headquarters in Houston. According to the company, the new facility is 31,000 ft2—three times the size of the previous building. Under a seven-year lease, the new two-story facility features integration and calibration labs; electrical, mechanical and calibration workshops; a cable molding workshop; a training room for equipment demonstration and educating its personnel and clients; a high-pile storehouse; and open floor plan offices for staff. Additionally, the company has acquired Aqua-Tech Solutions, a subsea equipment rental and cutting services specialist. The acquisition reportedly strengthens Ashtead’s ROV and mechanical tooling offering, broadening its survey sensor rental fleet. It also extends its specialist subsea services capability with the introduction of subsea cutting equipment. Image: Ashtead Technology.

Deepwater mooring rope manufacturer Lankhorst Offshore has secured a contract from TechnipFMC for the provision of mooring lines for the Energean Power FPSO on the Karish and Tanin gas fields, nearly 56 mi offshore Israel in the eastern Mediterranean. Energean Israel leases and operates the fields, using the FPSO to process the reservoir fluids and export gas from the fields. The FPSO reportedly will be spread-moored using 14 mooring lies arranged in 2x4 and 2x3 clusters in about 5,741 ft of water. Lankhorst will supply 28 rope lengths, arranged in two segments per line, totaling 43,400 m of Cabral 512 deepwater mooring rope, with a minimum breaking strength of 12,400 kN. Each mooring line will compromise a chain top segment, polyester rope middle segment and chain bottom segment, connected to a suction pile anchor. Image: Energean Power.

Oilfield procurement specialist Craig International has secured a five-year contract, with a two-year extension option, to source and supply products for maintenance, repair and operations at Spirit Energy’s onshore and offshore sites in the UK. The contract reportedly could be worth £21 million over the seven years. The company will provide third party procurement services for nine of thirteen sub-categories, including hand tools, lubricants, mechanical, lifting and HSE equipment.

About the Authors
Emily Querubin
World Oil
Emily Querubin Emily.Querubin@worldoil.com
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