Page 70: of Offshore Engineer Magazine (Feb/Mar 2015)

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Companies

Activity but increasing complexity of ofshore feld

GE, McDermott launch new consultancy developments and the decline in oil price is challenging traditional ways of working.

A new oilfeld consultancy has been International to “transform the development

Now is the ideal time to launch io.” launched by GE Oil & Gas and McDermott of front-end solutions for ofshore felds.” io oil & gas consulting, deliberately io’s ofer will range from portfolio spelled without capital letters by the two evaluation, exploration and planning sup- frms, is based in London and headed by port, appraisal and feasibility, concep-

CEO Dan Jackson, with Mark Dixon as tual engineering and FEED to the fnal

Chief Technology Ofcer, both formerly of investment decision, especially in new,

DeepSea, bought by McDermott in 2013, deepwater developments, by “leveraging and Tony McAloon as COO. Oliver Dixon will the contractor community knowledge serve as CFO. base.”

The frm has plans to open satellite

Jackson says: “The oil and gas industry is ofces in the US and Asia. • a vital component in the global energy mix,

Ocean Installer the Southeast Asia region,” says Fouad sales. “Saudi Arabia represents a key mar- opens Brazil offce ket. It has the world’s largest crude oil pro-

Al Rammah, representative director of

Subsea contractor Ocean Installer opened Aramco Asia Singapore duction capacity and the plan to increase an offce in Rio de Janeiro, Brazil. The “Asia is a key strategy and focus for electricity generating capacity to 120GW company says it has seen an increasing us as part of our transformation efforts to by 2032. We will be on the ground to offer demand for targeted vessels in the region become a leading global and integrated solutions that can be used across the proj- and the short time frames in which accu- energy and chemicals company by 2020,” ect and asset life cycle, ensuring our cus- rate engineering solutions is demanded. says Ibrahim Al-Buainain, president of tomers can anticipate changing technology

The offce will initially target projects for Aramco Asia.

needs and business objectives.” the local subsea support market. Marcelo

Nova Scotia

Mendonca has been hired to lead the Rio tidal projects win funding offce. “We have seen the need to estab- lish an offce to serve the Brazilian oil Nova Scotia’s government has granted and gas market. Brazil is a very interest- four awards that will help tidal energy ing region and the ‘pre-salt’ reservoirs developers deploy the frst turbine arrays hold exciting opportunities for us,” says in the Bay of Fundy.

Steinar Riise, Ocean Installer CEO. The approval allows the developers to enter into a 15-year power purchase

Aramco Asia inaugurates agreement with Nova Scotia Power. The

Singapore offce AVEVA opens frst turbines are expected to operate in

Saudi Arabia offce

Aramco Asia recently inaugurated the Bay of Fundy in 2015.

Aramco Asia Singapore, as part of its AVEVA opened a new offce in Saudi Four developers have received ongoing expansion in Asia, to provide Arabia to strengthen its presence in the approval for a total of 17.5MW of elec- crude oil marketing, material sourcing, Middle East and further enhance its tricity: Minas Energy (4MW), Black Rock supply chain logistics, inspection and growing global network. Tidal Power (5MW), Atlantis Operations other engineering services. The offce will offer sales and support Canada (4.5MW), Cape Sharp Tidal

Asia is the company’s biggest crude for all of AVEVA’s solutions and services, Venture (4MW)

Nova Scotia’s tidal energy sector has oil and products market with 60% of with particular focus on owner opera- reached signifcant milestones this year.

Aramco’s crude oil being exported to tors and engineering, procurement and

Government signed a memorandum

Asia. Aramco Asia currently has six construction contractors in the oil and of understanding with InnovateUK in offces in China (Beijing, Shanghai, and gas and power sectors.

“At AVEVA we recognize how impor- the United Kingdom for collaborative

Xiamen), Japan, Korea and Singapore.

tant it is to provide service and support research, FORCE deployed four sub-sea “The inauguration of Aramco Asia in local language and in accordance with power cables in the Bay of Fundy in the

Singapore underlines the importance of local culture,” says Helmut Schuller, fall, and Halifax hosted the International

Singapore as the region’s premier hub for

AVEVA executive vice president, group Conference on Ocean Energy in November.

oil and gas, as well as a regional base for

February 2015 | OE oedigital.com 72