Expro to Provide Integrity System to Tullow Globally

- Expro to Provide Integrity System to Tullow Globally

Monday, August 29, 2011
Expro International Group

Expro is undertaking a contract to provide its SafeWells integrity management software system globally to Tullow Oil Plc.

Expro Well Services has been awarded a contract to provide SafeWells to Tullow in support of centralising Tullow's management of well integrity.

Tullow is a major independent oil company with operations in Africa, Europe, South Asia and South America.

SafeWells has been specifically developed to deliver an effective well integrity management solution. The bespoke software system monitors and reports well integrity performance in real time, highlighting problems and prompting remedial actions as issues arise. It has been deployed successfully by major operators globally.

Like many major oil companies, Tullow's operating environments are diverse and the range of well types equally broad. Over the coming years, the wellstock will include onshore, platform and subsea wells, both oil and gas, with a wide range of flow rates.

A plan was implemented in Tullow's wells engineering department to review the corporate approach to well integrity and put in place a centrally managed well integrity system.

This process would provide management with a retrospective position for the integrity of all wells and effectively 'raise the bar' on the operating standards of all assets. SafeWells is critical to this plan.

The SafeWells implementation process was launched on the Bangora Gas Field in Bangladesh and was followed with UK and Ghana operations.

Simon Copping, Expro client account manager, said, "It is great to see the hard work of the team starting to pay off. We have a fantastic software system in SafeWells that really complements Tullow's well integrity strategy. I'm excited about the future and building on the foundations of the Bangladesh success as we continue to roll the software out to the rest of the business."

Simon Sparke, well integrity focal point of Tullow Oil said, "SafeWells is to be used throughout Tullow and is being rolled out company-wide. With 10 different wells types in challenging engineering and cultural environments, having a software package that was user friendly, flexible and working seamlessly in the background was crucial. So far this product and the team supporting it have fulfilled all my expectations."

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Keppel Secures Offshore, Marine Jobs Globally

Keppel Secures Offshore, Marine Jobs Globally

Tuesday, April 12, 2011
Keppel Corp. Ltd.

Keppel has clinched new contracts totaling S$240 million from international customers.

These entail building a new multi-purpose dive support construction vessel for SBM Offshore as well as modifying and upgrading a Floating Production Storage and Offloading (FPSO) vessel for Petrofac.

Mr. Nelson Yeo, Managing Director (Marine) of Keppel O&M, said, "These new contracts reflect the confidence of our customers in the capabilities of the Keppel O&M group. We are proud of the solid partnerships built with faithful customers who turn to our yards worldwide for their fleet expansion and upgrading needs.

"Looking ahead, I am confident that we will continue to strengthen the mutual trust and partnership with SBM Offshore and Petrofac with Keppel's commitment to quality and reliability."

Keppel Singmarine will build for SBM Offshore a prototype multi-purpose dive support construction vessel (DSCV) scheduled for delivery in 2Q 2013. This cutting-edge vessel combines capabilities of diving support, subsea construction and anchor handling, and features a DP III (Dynamically Positioned) system.

The DSCV will be equipped with a fully integrated 12-men saturation diving system that enables divers to work safely up to a depth of 300m, and a 250-tonne crane to support subsea oilfield development. It will also feature a 200-tonne double drum winch, four chain lockers and a stern roller for anchor handling functions.

Since 2000, sister company Keppel Shipyard has completed 13 FPSO and FSO projects for SBM Offshore with another four FPSO conversion projects currently underway.

Keppel Shipyard has also secured a fast-track project for the upgrading of a FPSO vessel from Petrofac International (UAE), a subsidiary of Petrofac. The upgrading of the ex-FPSO East Fortune includes refurbishment and life extension works, engineering, fabricating, installing and integrating new topside process modules, upgrading of spread mooring and auxiliary support systems.

Work has commenced in 1Q 2011. Designated for an oil and gas field offshore Peninsular Malaysia, this FPSO facility will be able to handle both oil and gas production.

The above contracts are not expected to have material impact on the net tangible assets and earnings per share of Keppel Corporation Limited for the current financial year.