Company News

Chevron Announces $1 Million for Hurricane Irma Relief

1Chevron logoChevron U.S.A. Inc. announced on Wednesday a contribution of $1 million from Chevron and the Chevron Global Community Fund to assist with efforts to recover from the damage done by Hurricane Irma.

"Chevron makes every effort to support the communities where we operate, particularly in times of need," said Dale Walsh, president of Chevron Americas Products. "Our hearts go out to all those affected by this storm."

The commitment includes a $600,000 donation to the American Red Cross from the Chevron Global Community Fund to support immediate relief efforts throughout the impacted regions. Another $400,000 is from Chevron's Fuel Your School program, which would normally be made available based on fuel sales, going to DonorsChoose.org for local public school classroom projects in south Florida.

In addition, the company will match any donations made to the relief efforts by its employees and retirees.

Chevron has a large retail presence in Florida, Georgia and Alabama, supplying more than 2,000 independently-owned Chevron and Texaco stations from a total of 17 terminals - including five terminals owned and operated by Chevron.

The Fuel Your School program has raised a total of $2 million since 2013 to fund public school classroom projects in Miami-Dade County, with the support of local Chevron and Texaco marketers. In addition to Chevron's $400,000 contribution for 2017, another $100,000 will be donated by local marketers. Please visit fuelyourschool.com for updates and program eligibility.

These commitments follow Chevron's $1 million donation to the American Red Cross for response to Hurricane Harvey, along with another $1 million for DonorsChoose.org. Chevron continues to stay abreast of recovery efforts and needs assessments moving forward.

Shell and Petrobras Sign Technical Cooperation Agreement to Strengthen Deep Water Partnership

5 1Shell logo.svg5 2320px Logo petrobrasRoyal Dutch Shell and Petrobras have signed a Memorandum of Understanding (MoU) to establish a long-term mutual collaboration in developing pre-salt fields in Brazil.

In true partnership spirit between two of the world’s largest energy companies, Shell will benefit from technical solutions, contract management expertise and cost efficient initiatives Petrobras applies to Brazil’s pre and post-salt projects. Shell will share with Petrobras its global deep water experience, especially on cost efficiency efforts and use of technology.

The MoU also involves sharing best practices and learnings on safety and governance management, technical and operational solutions, contract management, logistics, wells construction and air transportation safety.

The document was signed by Shell CEO Ben Van Beurden and Petrobras CEO Pedro Parente, during a visit by Petrobras’ executives to the Shell headquarters. “Competitive growth of deep-water resources remains key to our company’s strategy for decades to come, and we’re very pleased to advance the technical and operational benefits of our joint-ventures with Petrobras in Brazil,” said Wael Sawan, Executive Vice-President, Deep Water for Shell. “We’ve seen cost, safety, innovative thinking, and production growth evolve in a very positive way. Preferred partnerships and shared expertise are core to that success.”

The agreement is valid for five years and can be renewed. Shell is a strategic partner of Petrobras in the pre-salt, with minority interests in the Libra and Lula fields and other important areas such as Sapinhoá, Lapa, and Iara, all of which are in Santos Basin.

Total Donates $250,000 to the American Red Cross

10TotalTotal (NYSE: TOT) announces it has made a $250,000 donation to the American Red Cross to assist in the Hurricane Harvey Relief efforts in the Gulf Coast region.

"Our hearts go out to those affected by this unprecedented natural disaster. We remain committed to helping rebuild the communities where we do business. That's why we've partnered with the Red Cross. Our donation of $250,000 will provide assistance to those in our community who have been hardest hit by Harvey," announced Christophe Gerondeau, US Country Representative and CEO of Total Petrochemicals & Refining USA, Inc.

With operations all along the Texas Gulf Coast, Total is also supporting its employees who have been affected by the storm. The company is committed to ensuring their safety as well as that of the operations.

Total has 7,500 employees in the United States who work in more than 40 sites in 23 states.

Altus Intervention and Qinterra Technologies Unite to Form New Global Well Service Company

Qinterra Group’s North Sea well intervention specialist Altus Intervention and its international technology arm, Qinterra Technologies have united to form one global force in well services.

With headquarters in Stavanger, Norway, the combined group will be known as ‘Altus Intervention’, bringing together over 1,000 staff across four global regions: UK and West Africa, Norway and Denmark, the Americas and Middle East, and Asia Pacific.

11Altus Qinterra Age LandroFollowing EQT’s acquisition in 2014, the two companies Altus Intervention and Qinterra Technologies were created. The united business will now operate as one brand to offer an enhanced range of innovative and field-proven well intervention technologies, tools and services to the global oil and gas industry.

Altus Intervention group chief executive, Åge Landro

Group chief executive, Åge Landro, who joined in February 2016, will continue to lead the company as it pursues a strategy to make intervention smarter.

He said: “This is a milestone in the evolution of Altus Intervention. With a strong heritage, unrivalled expertise and cutting edge technology, we are well placed to support oil companies as we shape the future of well intervention. The energy landscape is constantly evolving and we are focused on bringing forward smarter ways of working to increase efficiencies and drive down costs.

“Combining our capacity and experience in well intervention will allow us to take bold steps towards adding to and developing our products and capabilities to support the oil and gas industry, worldwide.”

With established innovation centers in Stavanger and Houston, the group has invested over £50 million in new technology over the past three years, demonstrating its ongoing commitment to research and development. So far, this year the group has seen a growth in technology activity of more than 50% and a number of high profile contracts secured with operators. This includes well intervention projects with Maersk in Denmark and the UK, Shell in the UK and US, Statoil in Norway and Petronas in Malaysia. This has increased the company’s contract backlog by 40% in the last 12 months.

Mr. Landro added: “The industry is much more receptive to new innovations and techniques. Building on our strong engineering capabilities, technical expertise and unrivalled industry exposure. We will now have a leaner, stronger and broader business across a wide range of markets, allowing us to create a global leader in well intervention. Bringing both brands together will help us meet our targets in all four regions.”

AGR Announces Strong Growth with Jobs Boost and Multi Million Pound Contracts

12AGR in operations1 1Leading global energy services and software provider AGR is enjoying a strong 2017 and a positive outlook for next year, having secured contracts worth over £6 million in the North Sea and internationally, and recruiting more than 20 engineers and operational experts.

In the midst of “the hardest industry recession ever” due to a prolonged low oil price, the company’s UK and Middle East businesses have won more than eight contracts since the turn of the year. These cover AGR’s full range of services, from well management and reservoir engineering and analysis through to training and consultancy manpower.

As part of the commercial success, AGR’s well management division has agreed two, two-well drilling programmes – one in the North Sea and the other internationally - with a further two drilling campaigns lined up for the UK Continental Shelf (UKCS) in 2018.

The company’s wells division has been commissioned to undertake several engineering studies in the UK and the Middle East. Additionally, the reservoir engineering division has secured key contracts in the UK and Middle East for reservoir assessments, mergers and acquisitions activity and competent person reporting (CPR).

The contract wins are a welcome boost for the UK and international offshore drilling sector, which is enduring the most challenging period in its history.

AGR’s Aberdeen office is a centre of operational excellence with responsibility for managing activities in the UK, Europe, Africa and the Middle East.

Ian Burdis, AGR’s UK/Europe/Africa/ME Region EVP, said restructuring the business over the past two years had positioned it to take advantage of an upturn in activity, resulting in the promising start to 2017, the recruitment of 20 additional engineers and increased optimism for 2018 and beyond.

“The hard work of everyone at AGR has led to a strong second half of 2017 and a promising outlook for 2018. This is a clear indication of the optimism and resilience that exists not only in AGR, but in the oil and gas industry at large,” he said.

“While AGR is a global company, I’m particularly pleased to see our Aberdeen division emerge in a strong and positive manner. Our pipeline of activity includes both domestic and international opportunities and, as the leading global outsourced well and reservoir engineering company, we are well placed to service these markets.”

AGR has drilled more than 530 wells globally and conducted more than 1,500 reservoir studies. In 2015 AGR became the first well management company to gain approval as a well operator from UKCS industry regulator the Oil and Gas Authority under new Offshore Safety Directive Regulator rules. It has since become the only well management company to be approved as a well operator on wells for multiple licence holders.

Vestdavit Opens Office in the US

13 1Vestdavit2Safe boat handling specialist Vestdavit has responded to a sustained positive trend in North American business levels by opening an office in the United States.

The Bergen-based supplier of davits and other boat launching equipment is opening an office in Seattle and says that direct representation will help it build on its existing strong regional reputation. Its davits are already widely used by the US Navy, the US Coast Guard, the National Oceanic and Atmospheric Administration (NOAA), and in the offshore oil industry among others.

13 2VestdavitPhoto credit: Vestdavit

Vestdavit believes its success in the US is the result of its ability to deliver high-quality davits, providing operators with reliable, durable and safe boat handling.

“The opening of the US office is an important milestone in our strategic plan, where we aim to position Vestdavit as the industry innovator in advanced boat-handling systems”, said Mr. Rolf Andreas Wigand, Managing Director of Vestdavit. The US subsidiary will provide sales and marketing, as well as after sales support in the US. It will also allow Vestdavit to expand its horizons in the US, Mr. Wigand said, to take in other segments where the company has a strong track record in davit deliveries, including offshore support and service vessels, expedition cruise ships, and special purpose vessels.

“During more than two decades of collaboration with our US agent, Scan Pacific Northwest, we have achieved a significant success in the US. We are now in an excellent position to grow our business further. I would like to place on record my thanks to Kirsti Hveding, Managing Director of Scan Pacific Northwest for her company’s support.”

The Seattle office will be managed by Magnus Oding, who for many years held the position of Marketing Manager at SPNW, working closely with customers throughout the US. Mr. Oding will initially head a three-strong key account management and customer support team, alongside colleague Alex Mazick, who also joins Vestdavit from SPNW as Spare Parts Coordinator. In the first instance, the team will be completed by a service technician, responsible for on-site customer support, annual and five year inspections, and on-board training.

Mr. Wigand said that Vestdavit intends to expand its after sales support in the US and to increase its locally-based service team over time to make OEM servicing more available and affordable, reducing the need to send service technicians from overseas. He added that while the company would continue to manufacture its products in Norway and Central Europe, Vestdavit is also prepared to produce parts in the US “if this makes sense from a business perspective, or if required by government”.

Matt Corbin Joins Sparrows Group as Director of European Operations

14Matt Corbin 44Sparrows Group has strengthened its leadership team with the appointment of Matt Corbin as its regional operations director for the UK and Europe to support the company’s continued growth in the oil and gas, renewables and industrial sectors.

Mr. Corbin, who has more than 20 years’ experience working in the oil and gas industry, has held several leadership positions including UK managing director for the subsea division of Aker Solutions and UK regional general manger for GE Oil & Gas.

Most recently, he was supply chain consultant to the UK Government’s regulatory body, the Oil and Gas Authority (OGA) and contributed to Oil & Gas UK’s Efficiency Task Force. Mr. Corbin, who has been a board member of industry body Subsea UK since 2014, has also been supporting Scottish Enterprise’s ‘Grey Matters’ program in an advisory capacity.

Based in Aberdeen, Mr. Corbin will lead the UK and European business operations for Sparrows. He will be responsible for maintaining its leading market share position in lifting operations and maintenance in the UK Continental Shelf (UKCS), while delivering further growth in sectors outside the oil and gas industry.

Mr. Corbin first entered the oil and gas arena in 1997 after gaining a Bachelor’s degree in mechanical engineering at Brunel University. He has since held a variety of high level positions in production, project engineering, account management and concept design.

Sparrows chief executive officer, Stewart Mitchell, commented: “Matt has enjoyed a very successful career to date with an enviable track record of successes at some of the world’s biggest oil and gas service companies. His work with organizations such as the OGA and Oil & Gas UK demonstrate how highly respected he is by his peers and throughout the sector for his breadth of experience, knowledge and leadership qualities.

Ampelmann Celebrates Ten Years of Safe Offshore Transfers

5Ampelmann A typeThe global leader in offshore access solutions, Ampelmann, is celebrating its ten year anniversary. In just a decade, this company grew from a team of just four people to a 350 staff member organization that services customers across the globe from offices in eight different countries.

SPE Offshore Europe 2017 is one of the events where the company will reflect on its success with all attendees, while jointly looking forward towards a new decade of innovation, risk mitigation, cost control and efficiency.

With an impressive track record of over 3.6 million people transfers and 2.6 million kg of cargo transferred from ships to offshore structures in 200 individual projects, the industry leader with its Dutch headquarters has truly revolutionized offshore access. Jan van der Tempel, the founder and CEO of Ampelmann, says ‘It is a thrilling and humbling experience to celebrate ten successful years with our customers and stakeholders at various events this year, including SPE Offshore Europe 2017. Our innovative approach has consistently been rewarded with the trust of our customers around the globe. We look forward to engaging with all kinds of stakeholders and to continue to innovate together.’

Ampelmann currently maintains a fleet of 60 operational systems used for transferring crews and cargo to offshore structures. These solutions are tailored to the needs of different market segments, sea states, cargo and crew loads, and are used by the key players in the global industry.

CEO Van der Tempel explains, ‘In the current offshore climate, being able to transfer staff members to offshore structures safely, affordably and efficiently is more important than ever. We help our customers limit downtime and reduce their project costs. Our unique ‘plug and play’ system enables our gangways to be mobilized in less than eight hours. This helps our customers tremendously.’

Since its founding in 2007, Ampelmann experienced a rapid growth and invested in new production facilities in Rotterdam, the Netherlands, to keep up with demand. By 2011, the company’s innovative gangways were structurally used on a global scale, while the first international branch office was opened in Singapore in 2014.

To commemorate the ten year anniversary, Ampelmann published a whitepaper with a brief company history and more. It explains the ‘how and why’, and informs about existing and new developments in crew and cargo transfer solutions such as the A400, the L-type, the ‘Icemann’ N-Type system created for Arctic operations and the AEP (A-type Enhanced Performance). This whitepaper also informs about the Ampelmann S-type currently under development, which is being designed for use on medium and lightweight crew vessels with hull lengths of 50 meters and larger.

Should you be interested in reading this informative whitepaper, then please download it here.

CEO Van der Tempel concludes: ‘In our short history, we became the global industry leader and invented solutions that unburdened our customers in ways thought to be impossible before. In the coming decade, we will continue to focus on innovation and answering the specific needs of market segments and individual customers. We very much look forward to engaging with various stakeholders at SPE Offshore Europe 2017 and jointly head towards the next decade and beyond.”

Decom Heavy-Weight Joins Well-Safe’s Growing Senior Team as the Company Secures HQ Offices

9Well Safe Office 1Well-Safe Solutions, a new entrant to the decommissioning market, has further strengthened its senior team with the appointment of Jim Christie as director of programs.

The specialist well abandonment company, launched in July this year, has already assembled a senior team of eight well-known industry experts and now employs 20 people.

Well-Safe has just signed a five-year lease for 4,400 square feet to accommodate over 60 people at Hill of Rubislaw in Aberdeen and will be moving in this week. The prestigious, newly refurbished offices have flexible open-plan and office space which can be increased as the company grows.

Aiming to become a major tier 1 well abandonment service company, Well-Safe will provide a fully integrated package using its own bespoke marine assets to help oil and gas operators to meet the challenges of safe and cost-efficient decommissioning of subsea wells.

The appointment of Mr. Christie follows hot on the heels of the company’s first acquisition and recruitment of the chief executive officer, a chief technical officer and commercial director.

Formerly head of decommissioning with the OGA, Mr. Christie has 35 years’ experience in oil and gas, civil engineering, construction, refining, power, transportation and ship-building with extensive expertise in offshore decommissioning in the US and the UK, working with owners, regulators and the supply chain.

Speaking one the eve of Offshore Europe, where Well-Safe has a high-profile presence in the Decom Zone, founder and executive director, Mark Patterson, said: “Jim’s appointment is highly significant and a major boost in our ambition to become a leader in plug and abandonment in the decommissioning sector.

“Retaining and sharing lessons learned, we will deliver safe, efficient well P&A operations in collaboration with our clients and stakeholders which result in significant cost reductions.

“The response from industry since our launch has been incredible and we are gaining huge support for our complete package offering.”

As head of decommissioning for the OGA, Jim was responsible for the development of the UK’s decommissioning strategy, working in collaboration with the industry and government.

“As we seek to work hand-in-hand with the regulator to support operators in navigating the complex regulatory process, with a view to driving change and transparency while ensuring tax efficiency, Jim’s experience will be invaluable to our team,” added Mr. Patterson.

Prior to his role at the OGA, Mr. Christie was global decommissioning projects manager with Marathon Oil in Houston. He joined Marathon in 1984 and has held various project management and project assurance roles for the operator, including working on decommissioning of the Brae Field.

Well-Safe has also announced the appointment of a director of finance. Alan Cormack joins the company with immediate effect. A qualified accountant with ten years’ experience in senior finance roles in the oil and gas industry, Mr. Cormack joins from Raeburn Recruitment where he was head of finance. Before that, he worked with Mr. Patterson as director of finance at Nautronix for almost a decade.

Mr. Patterson said: “Having Alan on board to take care of all our financial affairs is ideal. Having worked closely with him in the past, I have the utmost respect for and trust in his ability. He is a great addition to the team and will be instrumental in developing our back office support.”

Chevron Contributes $1 Million to Immediate Texas Hurricane Harvey Relief Efforts

1Chevron logoChevron Corporation (NYSE:CVX) announces that it is making a $1 million contribution to the American Red Cross for the immediate relief efforts under way to assist victims of Hurricane Harvey that struck Texas over the weekend.

"Our thoughts are with all the people who have suffered tremendous losses and disruption from this catastrophic hurricane and related flooding," said Jeff Shellebarger, president, Chevron North America Exploration and Production Company. "As a business with deep ties to Texas and Houston, this donation will assist with the initial critical relief process. We will continue to work with responding organizations to support ongoing recovery efforts, which we hope can begin soon."

The donation will support relief efforts throughout the affected regions, including both Corpus Christi and the greater Houston metropolitan area. In addition, the company will match donations made to the relief efforts by its employees and retirees, many of whom have seen the tragedy unfold first-hand. One of Chevron's top priorities is protecting its employees, families and communities when they may need assistance in times of emergency.

The American Red Cross is a key partner in delivering that assistance. "The Red Cross is working around the clock in extremely challenging conditions in Texas to help people impacted by Hurricane Harvey," said Gail McGovern, president and CEO of the American Red Cross. "We couldn't do it without the generosity of our donors - like Chevron. With their support, the Red Cross can be there when disaster strikes to respond with shelter, food and the necessary supplies to ensure people are cared for, and to help during the recovery process. We're extremely grateful for their support."

Houston represents the single-largest concentration of Chevron employees globally, and the company has important business interests throughout Texas, including the Permian Basin and Corpus Christi. A number of Chevron's businesses are headquartered in Houston, including our exploration and production companies for North America, Africa and Latin America; our technology companies; pipeline, power and global procurement businesses; and the supply and trading function. In addition, many of Chevron's major capital projects are planned and developed from Houston.

Chevron Corporation is one of the world's leading integrated energy companies. Through its subsidiaries that conduct business worldwide, the company is involved in virtually every facet of the energy industry. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemicals and additives; generates power; and develops and deploys technologies that enhance business value in every aspect of the company's operations. Chevron is based in San Ramon, Calif. More information about Chevron is available here.