Company Updates

11ExceedWell management and performance improvement specialist Exceed has reported a positive year in 2016, including a recruitment drive resulting from increased activity both internationally and in the North Sea.

Work this year has included:

  • A contract supporting Fairfield Limited on its North Sea plug and abandonment campaign involving 45 platform wells and 16 subsea wells
  • Well management support planning a deepwater well offshore North Africa
  • Three proof of concept pilots in the Middle East, which will see up to 12 members of Exceed personnel mobilise to the region

Exceed has also seen an increased requirement for engineering studies in 2016, with pre-feasibility engineering work, late life asset management and liability studies conducted on behalf of clients such as Faroe Petroleum, Boskalis, Verus Petroleum, The Oil & Gas Authority, Serica Energy and Houlder Marine.

As a result the firm has been one of the few to actively add to its numbers in the last 12 months, with a number of new team members coming from Applied Drilling Technology International (ADTI), the former well management division operated by Transocean. ADTI ceased trading in May 2015 however this was quickly followed by the announcement that Exceed would merge with eight of its senior members, with plans to increase this number in the future.

A further six members of staff have been taken on since then, including three graduate engineers. By March 2017 Exceed plans to have recruited 20 people from the previous ADTI workforce, close to 25% of the 90 staff at the time the business ceased trading.

Exceed managing director Ian Mills said: “Exceed continues to reinvent itself in the downmarket, with our team constantly reviewing performance and making incremental improvements. This not only futureproofs our business, but also ensures consistent company growth and a team that performs at the very highest level.

“We are approaching 2017 with a positive attitude based on the developments we have seen in the latter months of 2016. We have experienced an upward trend in incoming enquiries, which we believe is due to the respected track record and hard work of our team, along with major efforts to continually raise international recognition of the Exceed brand.”

This year Exceed has focused on expanding its global footprint, continuing to work with long term clients in North America through Exceed Canada whilst embarking upon both technical and strategic alliances with partners in more than 20 countries in seven regions.

Once such alliance is with global subsurface solutions provider Quad Operations, whose full range of geoscience services has allowed Exceed to bolster its capabilities in the subsurface sector.

Similarly, a partnership agreement with Netherlands-based Boskalis, a leading global maritime services provider, now enables Exceed to offer a fully-integrated decommissioning solution including topside, jackets, subsea and subsea pipeline capability. Boskalis general manager Dick Lagerweij commented: “The partnership with Exceed is a strategic move for both organisations on project-by-project basis. Boskalis offers marine services to tackle a wide range of decommissioning scenarios whereas Exceed brings relevant well engineering expertise and current know-how.”

Exceed’s most recent strategic alliance is with Norway based Well Expertise, a recently formed integrated well management group. The alliance will see both companies join forces to provide enhanced technical expertise and operational capacity to clients in the UK, Norway and internationally.

Well Expertise CEO Mike Simpson advised: “Our Exceed alliance allows us to further opportunities with a partner we can trust on both sides of the North Sea and internationally. The ability to share project resourcing and complement the skills of each team brings a new level of cooperation and enhances the fit for purpose model both companies believe in.”

14Trelleborg RubberFenders1024x575Trelleborg’s marine systems operation has launched a new online Fender Selection Tool, almost completely digitizing the fender selection process and saving consultants the huge amounts of time normally spent carrying out complex manual calculations. The tool is also intended to help specifiers and suppliers alike take steps towards a more standardized engineering process, reducing subjectivity in the design process and helping to shape consistent industry best practice.

The tool requires the user to input simple information on vessel type, berthing factors and speed. They then receive a broad fender selection, which can be further refined as the user enters more details into the input panel.

Mishra Kumar, Technical Director for Marine Fenders at Trelleborg’s marine systems operation, said: “With so many factors to consider in the specification of fender systems, we wanted to make the process as simple as possible for consultants, enabling them to determine the optimum fenders for their project needs in just a few clicks.”

The new tool can complete a calculation process for up to ten types of fenders, cross referencing up to 23 grades, which would take several hours if prepared manually. The digitized process takes the user through just four simple input sections, generating a document that details all potential fender systems suitable for the application and performance required. Results generated are compliant to both PIANC guidelines and the latest British Standards for fender system design.

The Fender Selection Tool is part of Trelleborg’s commitment to enabling a Smarter Approach to port and terminal efficiency. This philosophy – centered on key cornerstones of automation and data-centricity – extends beyond port and terminal infrastructure to enabling faster, more effective decision making across entire product lifecycles and supply chains.

To explore the tool, click here.

Danos’ 367.5-acre integrated services complex located in Amelia, La., is now an officially recognized Foreign Trade Zone (FTZ) by U.S. Customs and Border Protection (CBP). It will be the ninth FTZ located in the state of Louisiana and one of only 179 active FTZs in the country.

Due to the war in Syria, we are seeing a humanitarian catastrophe, and especially the situation in the town of Aleppo is critical.

In Aleppo thousands of desperate people are living in the midst of this crisis, and the relief centers for those fleeing are over-filled. It’s cold and there is not enough access to sanitary conditions or heat. The need for humanitarian aid is significant.

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Photo: International Committee of the Red Cross

“We are all affected by the pictures and stories coming out of Syria and Aleppo. The situation is critical and the international community must contribute. Our contribution goes to the Red Cross and Red Crescent movement, that has a long history of humanitarian aid in challenging conditions. We believe it’s important that companies like ours contribute,” says Reidar Gjærum, head of communication at Statoil.

The Syrian Red Crescent and the International Red Cross Committee (ICRC) have been asked by the conflicting parties to transport our civilians and injured people from Eastern Aleppo.

100 Red Crescent volunteers, together with ICRC personnel are involved, and are using 10 ambulances and around 20 buses. During last week they managed to transport around 10 000 people, many who were children.

“I’ve been here every year the last five years during the war, and I see that it’s now worse than ever. The amount of people needing emergency help and aid, the amount that are severely injured and the number that has been killed gets higher and higher,” says Sven Molleklein, president for Red Cross in Norway.

“Those who live in Aleppo have to make impossible decisions to get to safety. They make their way through destroyed buildings, and walk for hours. On their backs they carry the injured, the sick and small children. They arrive at reception centers with nothing. Thanks to the gift from Statoil we can now help even more people with food, shelter, clean water and warm clothes or blankets,” says Mollekleiv.

10Seatronics RTS Gen 5 MUXSeatronics Ltd, an Acteon company and global leaders in the rental and sale of marine electronic equipment, has secured a contract with Bibby Offshore to be their preferred supplier of subsea rental equipment.

The agreement is structured on the provision of marine electronic equipment to Bibby Offshore including ROV, NDT and survey equipment from Seatronics’ rental pool, consisting of more than 9,000 assets. Bibby Offshore will also benefit from Seatronics’ integrated services such as calibration, asset management and personnel support. The contract has been established for an initial 12 month period with the opportunity for extension.

Seatronics and Bibby Offshore have upheld a strong working relationship for a number of years, collaborating on an extensive variety of survey and diving projects, in particular the use of the RTS Gen 5 Mux solution, exclusively available from Seatronics, which has formed an integral part of Bibby’s ROV systems.

Scott Gray, Operations Manager UK, Seatronics, stated: “We are delighted to have secured preferred supplier status with Bibby Offshore.

“Working with a company such as Bibby Offshore reinforces Seatronics’ status as the market leader in Marine Technology, delivering the latest products and services whilst ensuring our customers receive the best service possible. In order to continually improve our service, we promoted consignment stock of standard spares and cables and connectors, allowing equipment to remain onboard vessels between projects reducing the costs of mobilisations, our ability to provide new technology, our place within Acteon and our ability to bring other operating companies to the table if required, competitive pricing and our track record in support and service”.

Petsec Energy announces the release of the preliminary development schedule for the Company’s Hummer Project at Main Pass Blocks 270/273/274 in which it holds a 12.5% working interest. This follows the successful production test of the Company’s Main Pass Block 270 #3 BP 01, Hummer discovery well, conducted over a 48 hour flow-back period beginning 16 November 2016.

During the test, flow rates were measured at restricted rates on variable choke sizes. Over the last three hours of the 48 hour test period the well flowed at an average rate of 19.88 MMcfpd (million cubic feet of gas per day) and 396 bcpd (barrels of condensate per day) through a 16/64th inch choke with an average flowing WHP (well-head pressure) of 9753 psi (pounds per square inch) and no formation water. Production rates continued to rise over the duration of the test with a maximum gas rate of 20.5 MMcfpd recorded.

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Image courtesy: Petsec Energy

The next stage of development will use the results of the production test to design, fabricate and install a deck section with production facilities on the jacket, lay gas and oil flow lines and connect them to existing oil and gas sales pipeline transportation systems. The Company estimates first production from the Hummer project to commence mid-year 2017.

Petsec will continue to update the market on completion of key milestones in the development of the project.

The Main Pass Block 270 # 3 BP 01 well was perforated from 14,100 feet to 14,186 feet measured depth (MD), 14,058 feet to 14,144 feet true vertical depth (TVD) in a sand reservoir. Well logs indicate additional potential reservoirs in the well, which are yet to be tested. These untested sands will be targets of future drilling on the Hummer Project. Significant production occurs for similar reservoirs along trend. Peak production rates from those intervals can exceed 25 MMcfpd and 1000 bcpd.

Petsec’s Chairman and Managing Director, Terry Fern, commented:

'The success of the Hummer production test confirmed that the Hummer Project is a substantial oil and gas discovery with resource potential significantly exceeding the Company’s pre-drill mapped upper target estimates. The Hummer development appears to be well timed as both gas and oil prices are substantially higher than at the beginning of the year. U.S. Henry Hub gas prices have moved above US $3.60/Mcf and US WTI above US$50/Bbl. We look forward to first commercial gas and oil production from the Hummer Project in Mid-2017.

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