Technip awarded significant Brunei contract by Total

Technip has been awarded a significant contract by Total E&P Borneo B.V., covering engineering, procurement, supply, construction and commissioning (EPSCC). This project aims at the modification of the onshore facilities as well as the construction of a new onshore pipeline, in order to transport Maharaja Lela & Jamalulalam South (MLJS) gas to the Brunei Liquefied Natural Gas (BLNG) plant.

The onshore modification work includes de-bottlenecking of the processing plant to enable the handling of up to 5 million cubic meters per day (annual average) from the greater MLJ field, and associated assistance in start-up and performance test.

Technip’s operating center in Kuala Lumpur, Malaysia, will execute the contract with support from the office of the Group based in Brunei. The project is scheduled for completion in the second half of 2015.

Lim Kwee Keong, senior V.P. of Technip in Asia Pacific, stated, “Following the front-end engineering design that we have completed in 2012, Technip was keen on undertaking the EPSCC contract. Vital for the brownfield tie-in of the MLJS project, our familiarity with the onshore facilities has made the difference and gave us leverage in this much sought-after development.”

Providing useful resources, articles and writings on crude oil, other petroleum products, energy and gas. By O'Niel Petroserve Nigeria Ltd, online.

Schlumberger launches degradable alloy technology to optimize well productivity

Schlumberger has introduced the ELEMENTAL degradable alloy balls for multistage stimulation treatments. The technology demonstrates predictable, complete degradation of the alloy balls, ensuring maximum well productivity.

The alloy balls degrade predictably in a wide range of downhole conditions, well depths, temperatures, pressures and well fluids. Controlled degradation takes place, without the need for chemical additives, low pH environment, retrieval operations or milling after fracturing.

The ELEMENTAL degradable alloy technology can be used with Schlumberger multistage stimulation systems. The technology has been deployed with the Falcon multistage stimulation system for uncemented wells in formations representing a significant challenge to degradation times, such as Gold Creek, Slave Point, Glauconite, Cardium, Montney and Lower Montney, with bottomhole temperatures as low as 86°F. The technology has also been used in the Bakken, where formation temperatures are around 260°F.

Providing useful resources, articles and writings on crude oil, other petroleum products, energy and gas. By O'Niel Petroserve Nigeria Ltd, online.

Drilling Tools International acquires Reamco, Inc.

Hicks Equity Partners (HEP), a private equity firm led by the Thomas O. Hicks family, announced that its portfolio company, Directional Rentals, Inc., has acquired Reamco, Inc., a company based in Lafayette, La., that manufactures, rents and refurbishes downhole drilling tools and related products.

Directional Rentals, an oilfield services company, has also been renamed Drilling Tools International (DTI). According to the company, the new name more accurately reflects its mission of renting, manufacturing and selling drilling tools, used in bottomhole assemblies, to oilfield services companies, independent directional drillers and exploration companies, both onshore and offshore.

Reamco specializes in the manufacture and refurbishment of stabilizers, drill collars, reamers and related products, and also offers grinding and hardfacing capabilities. The firm maintains key certifications from the API, and is ISO certified.

Reamco’s previous owners, Brent Milam and Ashley Lane, have become shareholders in DTI and have joined the company’s management team. Milam founded Reamco in 1985, and has served as the company’s president since that time. Lane was instrumental in Reamco’s founding, and returned to the company as CEO in 2011, after leading Drilling Logistics, Inc., for several years.

Providing useful resources, articles and writings on crude oil, other petroleum products, energy and gas. By O'Niel Petroserve Nigeria Ltd, online.