RANKING: THE TOP 30 OILFIELD SERVICES COMPANIES OF 2019

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NEWS, DATA AND ANALYSIS FOR

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OR THE
THE MIDDLE
MIDDLE EAST’S
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PROFESSIONALS
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pttember 2019 • Vol. 15 • Issue 09

Special report Shortlist

Innovation revealed
in power The finalists
generation at the Middle
/p31 East Energy
Awards 2019
/ p28

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ugust 2019 • Vol. 15 • Issue 08

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In numbers Nominations surge
What BP’s Statistical Nominations for the
Review says about Middle East Energy
the region /p6 Awards surge 70%
/ p18

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INTERVIEW

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The CEO of Mubadala Investment Company’s petroleum and petrochemicals
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arm on the $13bn it has invested in the past two years, and its shift in focus

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INTERVIEW

Logistics veteran and group chairman and CEO of DP World on the company’s
first steps into the oil and gas sector, and the future for smart trading
 IN THIS ISSUE

14
COVER STORY

SEPTEMBER 2019 / Volume 15 Issue 09

Highlights in this issue:

10 14 28 31
News Cover: DP Shortlist Power
update World chairman revealed generation
A look at the latest This month’s cover We reveal the finalists A deep dive into
developments in the features the CEO and for each category at this power generation, the
regional upstream chairman of DP World, year’s Middle East Energy challenges and opportuni-
sector, with the most commenting on his $1bn Awards, who will compete ties for this segment of the
important news of acquisition of Topaz for first and second place at market as well as the key
the month from Energy & Marine, and the the awards ceremony this innovations that are driv-
around the GCC. future of smart trading. month in Dubai. ing it forward.

FIVE MINUTES WITH: Nicholas Kjaer, general manager of Churchill Drilling Tools for
the Middle East and Asia, on the oilfield services segment

oilandgasmiddleeast.com SEPTEMBER 2019

 IN THIS ISSUE

Also inside: 08 10

06 / Editor’s letter
Carla Sertin with her thoughts
on the industry

08 / In numbers
Rystad Energy sees a gloomy
future for the oil market
28
31 14
10 / News update
The latest upstream news from
around the region

14 / On the cover
DP World Chairman and CEO
Sultan Ahmed bin Sulayem on its
entry into the oil & gas sector

18 / Top 30 Oilfield KEEP

Services Companies UP-TO-DATE
For all the latest
Our ranking of the top oilfield news, check out
services companies in the www.
oilandgasmiddleeast
4 regional oil and gas sector .com
Online
28 / Awards shortlist SPECIAL REPORT: A LOOK INTO MONITORING AND RESPONSE
@OilandGas_ME oilandgasmiddleeast
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With the Middle East Energy NEWS, DATA AND ANALYSIS FOR THE

In numbers
What BP’s Statistical
Review says about
the region /p6
HEE MIDDLE
MI
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ESSS ON
ONAALLLSS August
A
Au
ugust 2019 • Vol. 15 • Issu

Award shortlist
The shortlisted people,
firms & projects for the
Middle East Energy
Issuee 08

Awards around the corner, see

Awards / p18

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who will be competing for the

top spots this year
INTERVIEW

NATIONAL
INTEREST
The CEO of Mubadala Investment Company’s petroleum and petrochemicals
arm on the $13bn it has invested in the past two years, and its shift in focus

31 / Power generation Editor’s choice:

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OILFIELD
A deep dive into the power
generation market • Video: Who wins in Saudi Ara

42 / Logistics & trans-
portation
A special feature on the latest
innovations in logistics and
transporation
44 / Project focus
Everything you need to know
about SNOC’s exploration
50 / Five minutes with
Nicholas Kjaer, general manager
of Churchill Drilling Tools for
the Middle East and Asia
SERVICES
mco’s SABIC deal?
• Oil & Gas Middle East Top 30 EPC
Contractors 2019
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 EDITOR’S LETTER
Taking a moment to celebrate
In the midst of crisis appeared some of the industry’s greatest
achievements, as it pushes through its transformation
W
hile looking
through this
year’s nomi-
nations for our annual
awards event, I was
stunned at the high
THIS ISSUE:
We reveal our quality and quantity of
ranking of the Top submissions. Devoted
30 Oilfield Services readers may recall an
Companies for 2019
article in the August
(p18).
2019 issue of Oil &
Gas Middle East noting a 70% surge in
nominations compared to last year. We
also saw a greater number of companies,
representing more countries, than in the
previous edition of the awards.
It has been a landmark year for the
industry, with its ups and downs. Incred-
ible new technologies made their debut,
6 national oil companies are branching
out geographically and in terms of their
portfolios, and EPC contractors and oil-
field services companies are embracing
the opportunities that come along with
regional megaprojects.
As such, perhaps it should not be a
surprise that the Middle East Energy
Awards is seeing more interest. In fact,
this is the perfect moment to take stock
of the industry’s achievements, and to
look ahead at the challenges and op-
portunities that remain, going down the
path of industry transformation.
It is time to celebrate not only the
individual achievements of industry
stakeholders, but of the segment’s trans-
formation as a whole. Transformation is
a ruthless process, but by its nature sees
companies who embrace its tide flour-
ish, if they seize the right opportunities
at the right time.
Those are the companies, projects
and people that we will celebrate at the
awards this year.
SUBSCRIBE To subscribe to Oil & Gas Middle East, or other ITP
Business titles, go to: www.itp.com/subscriptions.
SEPTEMBER 2019
The choice to rebrand the Middle
East Energy Awards (formerly the Oil
& Gas Middle East and Refining & Pet-
rochemicals Middle East Awards) came
from a desire to celebrate transforma-
tion, and to be a part of it.
That means celebrating sustainability,
diversity, young professionals, and digi-
talisation, among others. It might feel
strange to celebrate when there is still
such a long way to go to achieve industry
goals, but this is an opportunity to set
a milestone, and for the companies and
people who are making a difference to
provide a leading example to others.
In this issue, we celebrate one seg-
ment of the industry that has been hit
particularly hard by oil price volatil-
ity: Oilfield services (OFS). Out of that
struggle, we have seen oilfield services
companies emerge with more innova-
tive portfolios and a sharpened sense of
what operators are looking for, and what
products and services oil companies will
soon require.
Peruse our ranking of the Top 30 Oil-
field Services Companies 2019 (p18) for
a closer look at the trials and triumphs
in this segment of the market in the past
year. The OFS market did not walk away
from the oil price crash unscathed, but
in its fight to survive and thrive, has
unleashed a torrent of new solutions
that have helped push oil companies to
transform their operations, and have
altered the way business is done.
Carla Sertin
Editor
Oil & Gas Middle East
PO Box 500024, Dubai, UAE
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oilandgasmiddleeast.com
 IN NUMBERS

GLOOMY OUTLOOK
FOR OIL?
A recent report by Rystad Energy found that concerns surrounding wider economic issues
are adding to uncertainty about the future for oil

R
ecent developments in the oil “Economic recession risk and further The short-term oil demand outlook
market have sent cold shivers escalation of the US-China trade war are continues to be weak over global eco-
through Rystad Energy’s oil key concerns in the near term. How long nomic uncertainty and a simmering trade
market team, calling into ques- OPEC+ is willing to continue to man- war between the US and China. Rystad
tion our temporary bullish view for the age production adds uncertainty,” said Energy’s current base case scenario
first part of 2020 linked to the new IMO Bjørnar Tonhaugen, head of oil market doesn’t assume an imminent recession,
shipping fuel regulations. analysis at Rystad Energy. yet we observe troublesome indicators.

NON-OPEC + SUPPLY GROWTH QUARTERLY, Y/Y*

Million bpd
8
3,5
US Brazil Canada Norway Other non-OPEC+ Previous total Total

3,0
2,6
2,4 2,4
2,5 2,2
2,0
1,9 1,8 1,9
2,0 1,8 1,7
1,5
1,5

1,0
1,0
0,7 0,7 0,7
0,5

0,0
-0,2

-0,5
1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20

*Crude oil and lease condensate. All countries outside of the current OPEC and Non-OPEC-10 production agreement

SOURCE: RYSTAD ENERGY OILMARKETCUBE, AUGUST 2019

SEPTEMBER 2019 oilandgasmiddleeast.com

 IN NUMBERS

OPEC+* CRUDE AND CONDENSATE (OIL) SUPPLY GROWTH QUARTERLY, Y/Y*

ASSUMING NO OPEC+ CUT IN 2020

Million bpd

3,0 Iran Venezuela KSA Russia Mexico Other OPEC Other Non-OPEC-10 Total OPEC+

2,0

1,0
0,9
0,6
0,4
0,2
0,0
-0,1 0,0 -0,1 0,0 0,0
-0,1
-0,3

-1,0 -0,9

-1,4
-1,6 -1,7
-2,0
-2,1

-3,0
1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 9

*All countries which are part of the current OPEC and Non-OPEC-10 production agreement

SOURCE: RYSTAD ENERGY OILMARKETCUBE, AUGUST 2019

The Chinese economy continues to lag,
most recently only posting a 6.2% growth
rate, and the US is also showing signs of
deceleration. The trade war between the
US and China has ratcheted up after the
latest US announcement to slap a 10%
tariff on $300 billion worth of Chinese
goods. The Chinese responded by halting
agricultural imports and allowing their
currency to depreciate.
“This adds downside risk to already
moderate growth numbers. Continued
worsening of US-China trade relations
could lower demand growth by 200,000
barrels per day (bpd) to 1.0 million bpd in
2020,” Tonhaugen observed.
Our global field production forecast
for 2019 is largely unchanged from last
month’s Oil Market Update Report, but
2020 field production (crude, condensate
and NGLs) has been revised up by 0.5
million bpd to 97.6 million bpd in this
latest update, again led by the US and fol-
lowed by Norway, China and Canada.
OPEC production cuts have helped
buoy oil prices so far this year, but there
is plenty of production ticking up outside
of OPEC nations. The growth forecast
for 2020 is quite exceptional, climbing
by 3 million bpd or more over a period
of just nine months, if OPEC+ does not
extend or deepen their production cuts
next year.
“We a see clear downside risk to 2020
prices due to excessive supply growth.
We still believe the market does not
recognize the positive effect on crude
demand that IMO 2020 will bring. How-
ever, if the IMO effect on crude demand
is less than expected, OPEC intervention
may be needed as early as the first quar-
ter of 2020 to avoid imbalances in the oil
market,” Tonhaugen added.
Rystad Energy still believes demand
growth globally will improve in the sec-
ond half of 2019, but the recent exchange
of US-China trade tariffs and overall
weak manufacturing, exports and trade
indicators elsewhere in the world could
cap demand growth recovery if we see
no trade deal in the immediate future.
Hence, the market may send oil prices
downward before 2020. At present, only
large unplanned outages to the tune of
1.0 million bpd would create a somewhat
tight market outlook in the near term.
“Needless to say, the second half of
2019 will be very exciting indeed,” Ton-
haugen remarked.

oilandgasmiddleeast.com SEPTEMBER 2019

 NEWS UPDATE
Saudi Aramco to buy 20% stake in
Reliance refining arm
The deal would be among the largest foreign investments made in India, and would support
Saudi Aramco’s push to expand into the Asian downstream market
10
S
audi Aramco has agreed to acquire
a 20% stake in India’s Reliance
Industries oil to chemicals unit,
which holds an enterprise value of $75bn.
The oil to chemicals division comprises
the refining, petrochemicals, and fuel
marketing businesses under Reliance; its
downstream operations.
In a press statement, Reliance noted
that this deal would be one of the largest
foreign investments ever made in India.
This comes as Saudi Aramco seeks to
expand its presence in the Asian refining
market, and balance its upstream and
downstream portfolios to become a better
integrated energy company.
“I am truly delighted to welcome Saudi
Aramco, one of the largest business
enterprises in the world, as a potential
investor in our oil to chemicals division,”
said Mukesh Ambani, the chairman and
SEPTEMBER 2019
managing director of Reliance. “We have a
long-standing crude oil relationship with
Saudi Aramco and we would be happy to
see this further strengthened with this
investment. Saudi Aramco’s interest is a
strong endorsement of the quality of our
assets and operations as well as of the
potential of India.”
Saudi Aramco has supplied
approximately two billion barrels of crude
oil for processing at Reliance’s refinery at
Jamnagar, the world’s largest refineryThe
proposed investment would result in Saudi
Aramco supplying 500,000 barrels per
day of Arabian crude oil to the Jamnagar
refinery on a long term basis.
Under the non-binding letter of intent,
the proposed investment is subject to
due diligence, and the executed definitive
agreement will be subject to regulatory
and other customary approvals.contracts
Coming up:
/10 Reliance acquisition
/11 Play/Pause
/12 #Trending
/13 Around the region
For the latest news and analysis,
visit oilandgasmiddleeast.com
worth more than $4.5bn.
Moody’s Investors Service said that
the deal with Saudi Aramco will reduce
Reliance’s debt leverage, a credit positive.
In addition, Reliance has announced its
will sell a 49% stake in its fuel marketing
business in India to BP p.l.c. (A1 stable) for
$1bn.
“The stake sales are in line with RIL’s
commitment to reduce its net debt to zero
by March 2021, and reflect its commitment
to maintaining a strong financial profile
despite significant capital spending over
the last five years,” says Vikas Halan, a
Moody’s senior vice president.
Moody’s estimates that the two
transactions together will reduce
Reliancez’s net debt by $16bn, and lower
its leverage – as measured by net debt/
EBITDA – by 1.2x from 3.2x for the fiscal
year ending March 2019.
oilandgasmiddleeast.com
 NEWS UPDATE

PLAY/PAUSE: Who’s moving up in the oil

and gas world this month,
and who’s falling away?

Organisations in the GCC must make resilience an integral

part of their threat mitigation strategy to restore essential
functions after disruptive events, Booz Allen Hamilton
revealed. GCC organisations spend $3.5mn per year on
identifying and restraining data security breaches, ahead of
the global average of $2.1mn. Still, GCC organisations take
an average of 260 days to contain a breach, compared to
just 138 days in Europe.

The oil outlook is becoming more uncertain, says the IEA:

the US-China trade dispute is unresolved with new tariffs
to be imposed in September. Oil demand growth estimates
have been cut back sharply: in H1 2019, we saw an increase
of only 0.6 mb/d, with China the sole source of significant
growth at 0.5 mb/d. Two other major markets, India and the
United States, both saw demand rise by only 0.1 mb/d.
11

Oil, gas and petrochemical projects valued at more than

$859bn are either underway or planned in the Middle
East and North Africa. Of these projects, $283bn are being
implemented as the region prepares to meet the forecast
increase in demand for energy over the next two decades.
Saudi Arabia, Kuwait and UAE lead the way with invest-
ments to maximise value and open new revenue streams.

UAE-based natural gas company Dana Gas saw its H1 2019

net profit jump 483% to $140mn compared with $24mn in
H1 2018. This was mainly due to the recognition at fair value
of certain reserve based earn out entitlements amounting to
$71mn. Excluding this amount, net profit from core opera-
tions at Dana Gasaincreased by 187% to $69mn versus www.hi-force.com
$24mn in H1 2018.

oilandgasmiddleeast.com SEPTEMBER 2019

 NEWS UPDATE

#TRENDING
The top stories from our website and its associated social media
channels, where the latest upstream news appears first

FACEBOOK TWITTER LINKEDIN

Iranian tank- Saudi Ara- Production
er impaired mco awards from Egypt’s
but in stable contract for giant off-
condition in 28 jackets shore Zohr
the Red Sea: offshore gas field hits
NITC KSA 2.7bcfd
The National Iranian Tanker Company Saudi Aramco awarded L&T Hydrocar- Zohr gas production reaches 2.7 bcfd as
has reported a technical defect with bon Engineering the EPCI project for Eni starts up new pipeline | The start-
one of its vessels currently in the Red 28 jackets worth up to $697mn | The up of the 2nd 30” pipeline paves the
Sea, but noted that it was in stable jackets are for Zuluf, Marjan, Safaniyah way for a potential increase to plateau
condition. and Ribyan offshore fields. rate of 3.2 bcfd by the year end.

12 YOUTUBE

BHGE regional president on the
secrets to successful localisation
Zaher Ibrahim, president and CEO
of Saudi Arabia, the North Gulf and
East Mediterranean for BHGE, talks
about localisation, and how it can
fuel global growth for oilfield ser-
vices companies.
GCG Engineering GM on smart valves
and digitalisation
Nasir Sharif, general manager at GCG
Engineering Services, talks about
digitalisation in the UAE, how GCG
Engineering keeps up, and the smart
valves that could bring change to the
industry.
ADNOC: Hail and Ghasha EPC pack-
ages to be tendered “very soon”
ADNOC VP of Undeveloped Reser-
voirs Projects Dr. Adel Bin Subaih on
its progress on the Ghasha ultra-sour
gas concession, the timeline for each
field, and its $1.36bn award to NMDC
to build 11 artificial islands.

OILANDGASMIDDLEEAST.COM CONNECT WITH US

Oil & Gas Middle East
Trump: US doesn’t Revealed: Short-
need Middle lists for all 16 cat- @OilandGas_ME
East oil, calls for egories at the 2019
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dominance” Awards
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SEPTEMBER 2019 oilandgasmiddleeast.com

 NEWS UPDATE

REGION

AROUND THE REGION

Latest developments across the region
SAUDI ARABIA UAE OMAN

In a first for the company, Saudi Aramco announced its half-year results ADNOC announced that it will acquire a 10% equity stake in storage Following a heads of agreement signed on 14 January 2019, Eni and BP
in an August earnings call. It posted net income of $46.9bn for the first terminal owner and operator VTTI. VTTI owns 15 hydrocarbon storage have entered into a gas exploration and production sharing agreement
half 2019, compared to $53bn for the same period last year. terminals in 14 countries, with 60mn barrels of storage capacity. (EPSA) for Block 77 with the government of the sultanate of Oman.

IRAQ KUWAIT BAHRAIN

Iraq is close to reaching a deal with BP and Eni for an export pipeline project. Iraq and Kuwait have signed a contract with ERC Equipoise, a global Bahrain sovereign wealth fund, Mumtalakat Holding Company, has
The oil ministry says this does not mean that ExxonMobil, part of a major consultant, to explore potential opportunities for oil fields on the appointed Khalid Al Rumaiha as its CEO. He is also a board member at
deal to revamp Iraq’s oil infrastructure in the south, will be excluded. border between the two nations. the nation’s National Oil & Gas Authority.

13

Plot No S-50807, Jebel Ali, Telephone: +9714-8865119 Branch Office : Shree Oilfield Supply LLC
Free Zone (South), Fax : +9714-8865118 Global Ascent Business Center.
P.O. BOX 17729, Office No : 5, Block 2 - Unit 16, M4, Plot 12,
Email: sales@sso.ae | info@sso.ae
Dubai-United Arab Emirates www.shreesteeloverseas.com Near Musaffah Sanaiya - Abudhabi Uae
Tel : +9712-6214290, Fax : +9712-6214289
Branch Office : Steel Piping Solutions LLC
Emergency Mobile No: 00971 50 3752010 Muscat, Oman

oilandgasmiddleeast.com SEPTEMBER 2019

 COVER STORY

DP World Chairman and

CEO Sultan Ahmed Bin
Sulayem comments on his
recent $1bn acquisition
of Topaz Energy & Marine,
his plans to expand in the
energy sector, and how
his company will enable
smarter trade.

14

A NEW TRADE
WORDS: CARLA SERTIN

S
ultan Ahmed Bin As such, DP World’s entrance into the very complex logistical requirements, and
Sulayem, chairman and energy sector, with the acquisition of as the leading global trade enabler, DP
CEO of DP World, is not Topaz Energy & Marine (Topaz) in July World has the experience and know-how
interested in running 2019 for $1bn, makes sense. “We have the in the dynamic connectivity of global
a port operator. One experience to contribute measurably to cargo movement to provide the solutions
might think that moving the success of businesses in the energy the energy industry needs.”
190,000 containers per industry through innovations that deliver It takes a fair amount of bravery to
day and serving 70,000 vessels per year safer, faster, and more efficient sector- delve into an industry that, despite its
would be enough to keep his hands full, specific logistics solutions,” Sulayem says. high potential and logistics opportunities,
but industry veteran Sulayem has his “The energy sector has substantial and is fraught with uncertainty.
sights set further, having built a logistics
and trading giant since he took the helm “THE GROUP HAS EVOLVED FROM A TERMINAL
of the company in 2006. He wants to
enable smarter trade.
OPERATOR TO A TRADE ENABLER.”

SEPTEMBER 2019 oilandgasmiddleeast.com

 COVER STORY

15

oilandgasmiddleeast.com SEPTEMBER 2019

 COVER STORY

But Sulayem is accustomed to

uncertainty—he served as the first
chairman of the Jebel Ali Free Zone
when it was founded in 1985, and
oversaw its development into a logistics
hub. He pioneered the development of
the Dubai Multi Commodities Centre,
a trading centre for international
commodities ranging from gold to tea. He
founded and led Istithmar World, a global
investment company. In his current role,
he deals with risk every day. The ongoing
US-China trade war, and a recent spate of
tanker attacks and seizures, have raised
regional tensions.
“Despite uncertainty from the trade
war and challenging regional geopolitical
realities, DP World has been able to
excel, delivering a broadly impressive
performance in the first half of 2019,”
he writes in a statement announcing
DP World’s H1 2019 results. DP World
posted $3.4bn in revenue for H1 2019, a
10.8% rise, supported by its acquisitions.
Meanwhile, Topaz Energy & Marine
16 generated $235mn revenue in the same
period, up 56% from the previous year. It
raked in $42mn in profit, a leap from the
$4mn loss it reported in H1 2018.
With a contract backlog of $1.6bn,
Topaz should bring in consistent business
in the coming years. A large part of
Topaz’s potential for DP World lies some
2,000km away from the UAE, in the “...AS THE LEADING GLOBAL TRADE ENABLER,
Caspian Sea. “The Caspian Sea is the
largest inland body of water in the world,
DP WORLD HAS THE EXPERIENCE AND KNOW-
and one of the most strategic oil basins,” HOW IN THE DYNAMIC CONNECTIVITY OF GLOBAL
Sulayem says. “Long-term contracts and CARGO MOVEMENT TO PROVIDE THE SOLUTIONS
high barriers to entry characterise the
basin, which holds approximately 6% of THE ENERGY INDUSTRY NEEDS.”
global oil reserves.” The BRI was first proposed by economies in BRI corridors, the World
Topaz’s close ties to energy companies China in 2013 to improve international Bank estimates that $575bn worth of
operating in the Caspian, including cooperation along BRI ‘transport projects are planned, in progress or have
BP, Dragon Oil, and Dubai Petroleum, corridors,’ which the World Bank says been executed across sectors.
among others, will put DP World close could reduce travel time along those Topaz operates a fleet of 117 vessels in
to the action. “It positions DP World corridors “by 12%, increase trade the Caspian Sea, MENA, and West Africa,
very robustly as a leader in an area between 2.7% and 9.7%, increase income which Sulayem says will put DP World in
with continued potential for growth,” by up to 3.4% and lift 7.6mn people from a strong position within the energy sector.
Sulayem adds. “The Caspian Sea is also extreme poverty.” He wants to “re-think” offshore logistics
strategically important for the Belt and Trade and logistics companies like DP for oilfields, and sees module carrying
Road Initiative (BRI) given its gateway World which have investments along the vessels as an opportunity—transporting
position between Europe and China. The corridors can reap some of the benefits of modular units to Kazakhstan to be
BRI is an essential area of focus.” these improved channels. Within the 70 installed in the Tengiz field.

SEPTEMBER 2019 oilandgasmiddleeast.com


The Topaz acquisition is strategic
on more than one front—it places
DP World in the Caspian, which
affords the company its own set of
opportunities, but also places it close to
its other investments in Kazakhstan and
Kyrgyzstan, where Sulayem hopes to
use the company’s relationships in the
Caspian to develop new trade.
“With this strategic acquisition, we
gain a strong foothold in the sector and
substantial capabilities that will augment
our energy industry experience,” he
says. But it is not simply about the
energy sector—investing in the maritime
industry is clearly key. “DP World
understands that economies cannot grow
without the maritime industry,” Sulayem
adds. “The company has in recent years
been investing wisely in the marine
oilandgasmiddleeast.com
logistics sector as part of its strategy.
The latest acquisition complements the
operations of our P&O Maritime Services
(POMS) business, which maintains over
300 vessels globally.”
DP World bought UK shipping and
logistics company P&O Ferries briefly
in 2006, before selling it along with
some assets. It reacquired the company
from Dubai World in February 2019 for
$393.8mn, and P&O provides services
to maritime and energy companies
internationally.
“DP World aims to integrate its new
acquisitions and deliver synergies that
provide efficient and smart solutions
to customers, further improving our
earnings and drive returns,” Sulayem
says. “We are confident that a sound
strategy will make it possible for us to
deliver full-year results slightly ahead of
market expectations.”
Sulayem is quick to note that his
interest does not solely lie in the oil and
gas industry, but the wider energy sector,
including renewables. Sustainability is
a key focus for the company, as a part of
DP World’s initiative to develop smarter
trading globally.
COVER STORY
The company is working on
CargoSpeed, a collaborative effort with 17
Virgin Hyperloop One, which would
offer ultra-fast, sustainable and efficient
hyperloop-enabled shipment. This could
fundamentally change shipping and
logistics, and would have a ripple effect
into the oil and gas sector.
DP World has also dived into another
new technology—blockchain. The
company has partnered with the Dubai
Chamber of Commerce and Industry
to collaborate on the Digital Silk Road,
a blockchain platform which would
improve the transparency and efficiency
of supply chains, eliminating some
trade barriers. Blockchain can produce
efficiency gains from upstream through
downstream, and has the potential to
reduce costs at a time when oil prices
have been less than stable.
“We continue to focus on maintaining
our disciplined approach to investment to
ensure that we remain the trade partner
of choice as well as strengthening our
product offering to play a broader role in
the global supply chain.
“The group has evolved from a
terminal operator to a trade enabler.”
SEPTEMBER 2019
 TOP 30 OILFIELD SERVICES COMPANIES

18

OILFIELD
SERVICES

SEPTEMBER 2019 oilandgasmiddleeast.com


W
e are excited to present
the third edition of our
Top 30 Oilfield Services
Companies. This segment
of the upstream oil and gas market has
been particularly hard-hit by fluctuating
oil prices, but as a result, we have seen
a flood of innovative technologies and
services from the top tier in the market, as
they pivot to find their place in a changing
energy landscape.
As national oil companies let loose the
purse strings ever so slightly, oilfield ser-
vices companies are basking in the glow of
long-term projects which require continu-
ous work, new technologies, and specialist
services. They have answered the call with
complex, innovative solutions.
As you peruse the coming pages, you will
see the very best that the oilfield services
market has to offer, with some new addi-
oilandgasmiddleeast.com
TOP 30 OILFIELD SERVICES COMPANIES
tions (and some disappearances) on our
list this year. Throughout the top tier you
will find the familiar brands that tend to 19
dominate the market and industry head-
lines, but even at those upper reaches, the
ranking has seen some subtle movements
and changes.
While a company’s bottom line is a
strong indicator of where is will sit on the
list, Oil & Gas Middle East takes into ac-
count a company’s presence and focus in
the Middle East, its growth plans, product
line-up, completed, ongoing and scheduled
projects, as well as its CSR engagements
and commitment to healthy and safety
both within its ranks and in its surround-
ing community.
The Top 30 Oilfield Services Companies
for 2019 is compiled using available data,
including press releases, product bro-
chures, and emailed questionnaires.
SEPTEMBER 2019
 TOP 30 OILFIELD SERVICES COMPANIES

01
SCHLUMBERGER

Schlumberger is an industry titan

that needs no introduction, and it
has held on to the top spot on this
list since it was first introduced in
2017. Its portfolio of products and
services is exhaustive, and its focus
on the Middle East has only grown
with time, as opportunities in the
region flourish.
Schlumberger generated $32.8bn
of revenue in 2018, reporting net
income of $2.1bn, a giant leap from
its $1.5bn loss in 2017. Despite its al-
ready wide portfolio, Schlumberger
generated 23% of its revenue in 2018
from new technologies, in line with
20 the previous year.
This year saw Schlumberger in-
troduce technologies including the
HyperBlade hyperbolic diamond el-
ement bit, GyroSphere MEMS gyro-
while drilling service, and Fulcrum onshore drilling rigs business in Kuwait, ships, as Schlumberger signed
cement-conveyed frac performance Oman, Iraq, and Pakistan to TAQA Drill- another agreement, with OMV, to
technology, among others. ing subsidiary Arabian Drilling Com- evaluate potential collaboration
Meanwhile, international revenue pany for $415mn. models for digital solutions, which
grew faster than its North America On the technology front, Schlumberg- would give OMV early access to new
revenue in the third quarter of 2018 er has open sourced its data ecosystem, digital technology.
for the first time since 2014, as the allowing collection, integration, manage- Paal Kibsgaard, who saw Schlum-
oil price dropped and US produc- ment, and discovery of upstream oil berger through some of the oil and
ers slashed spending. Before that and gas data, a contribution to the Open gas industry’s darkest days in recent
quarter, it saw three consecutive Subsurface Data Universe Forum. history, and helped to modernise
years of declining international The company also partnered with fel- the company, has retired after
revenue. This comes as national oil low list member Rockwell Automation eight years as the company’s CEO
companies make investments into to create a new automation solutions (and more than two decades with
long-term asset development and provider, Sensia, in a $250mn joint Schlumberger).
optimisation. venture agreement. The joint venture Under the watch of its newly ap-
Schlumberger deployed 80 rigs on will be a fully integrated provider of pointed CEO, Olivier Le Peuch, with
projects in Saudi Arabia, Iraq, India, measurement solutions, domain exper- 32 years of experience at Schlum-
Norway, and Russia, which should tise, and automation to the oil and gas berger, we will see how the com-
translate into growth for the com- industry. pany fares in the coming year.
ing years. In April 2019, it sold its It was a strong year for digital partner-

SEPTEMBER 2019 oilandgasmiddleeast.com

 TOP 30 OILFIELD SERVICES COMPANIES

02
HALLIBURTON

Halliburton retains its spot be-

cause of its efforts to replicate the
US shale boom in the GCC. This is
central to achieving the goal of gas
self-sufficiency common among
many national oil companies.
But lowering the cost of produc-
tion is not as simple as it sounds, extract unconventional hydrocarbons. in Q4 2018, a period when oil prices
since the Middle East has a dif- Meanwhile, it also signed a $597mn were fluctuating.
ferent set of obstacles than North contract with Kuwait Oil Company for In FY 2018, it generated $24bn
America. As such, Halliburton has its offshore exploration programme. revenue, up $3.4bn (16%) from
made concerted efforts to ‘localise’ Halliburton’s work in the region has the previous year, with reported
shale production, allowing operators been reflected in the $1.2bn of revenue it operating income of $2.5bn, up from
to use locally-available resources to raked in from the Middle East and Asia $1.4bn in 2017.

21

03
BAKER HUGHES,
A GE COMPANY

Baker Hughes, a GE Company is

active across the globe, but it takes
the third spot on our list because of
its tireless work in the GCC, where
its efforts to merge its digital tech-
nology with the localisation needs of
the region have been celebrated.
In July 2019, it announced that optimise well activity and construction. sition of a 5% stake in ADNOC
it would open a “game-changing” BHGE’s mix of cutting edge technology Drilling was a landmark deal for
research facility in Dhahran Techno and localisation mean that it is well posi- the operator, signalling shifting
Valley, including the first industry tioned for growth in the region, catering tides as national oil companies seek
3D printer for metal in Saudi Arabia, to many of the needs of major operators increased partnership with foreign
as well as a data visualisation and in the Middle East. companies, while adding and circu-
automation platform to simulate and Meanwhile, its October 2018 acqui- lating value within the country.

oilandgasmiddleeast.com SEPTEMBER 2019

 TOP 30 OILFIELD SERVICES COMPANIES
04 WEIR
Although Weir is not the most
Middle East-focused of our list, with
only 9% of its orders hailing from
the region, it has earned a spot close
to the top of our list thanks to large
wellhead orders from ADNOC and
KOC, among others, as part of its ef-
forts to globalise its pressure control
offering. The company has contin-
ued to strengthen its local workforce,
and boasts eight regional facilities.
22
07
NATIONAL
OILWELL VARCO
National Oilwell Varco raked in
$8.45bn in revenue in 2018, and in
July 2019 reported $2.13bn revenue
for Q2 2019, but saw a net loss of
$5.39bn for that period. It noted in
a statement announcing the results
that although the North American
onshore market has slowed, it is see-
ing growth in international and off-
shore markets. It also won a contract
in Iraq to supply internal coatings.
SEPTEMBER 2019
05
EMERSON
Emerson made $1.1bn sales in the
Middle East in 2018, 16% annual
growth. It also boasts more than
1,300 employees in the region, half
of whom are qualified engineers, and
one-third of them female. It made
several acquisitions to boost its port-
folio, including Zedi’s software and
automation business, GE automation
division Intelligent Platforms, and
analytics software firm KNet.
08 ABB
Growing demand for electrifica-
tion, automation and digitalisation
solutions meant order growth from
the oil and gas sector. ABB boasts
many time, effort and money-saving
technologies, including its ABB Abil-
ityTM Mobile Gas Leak Detection
System, which allows users to find
and quantify gas leaks in pipelines
faster, by driving or flying sensors via
drone downwind of a potential leak.
06
SCHNEIDER
ELECTRIC
Schneider Electric and oil super-
major British Petroleum signed a
five-year global framework agree-
ment in April 2019, which will
see Schneider Electric provide
full-scope design and engineering
services, as well as support through
commissioning to startup for the
electric distribution system of BP’s
upstream major capital projects
awarded to Schneider Electric.
09
SIEMENS
Technology giant Siemens has
a range of oil and gas products,
including its MindTwin Portal digital
twin technology, which creates an
interactive, digital recreation of real
assets, with real-time data, to allow
operators to digitally inspect their
operations with fewer people on the
ground and in potentially hazardous
situations. This technology is also
the basis of preventative analytics.
oilandgasmiddleeast.com

WEATHERFORD
10
In a move to reduce debt, Weather-
ford sold fellow list member ADES
its land drilling rigs in Kuwait, Saudi
Arabia, and Algeria. The company’s
main goal for 2018 was long-term
debt reduction, and in its FY 2018 re-
sults reported that it was not able to
reduce net debt. Still, its current re-
structuring could see it focus further
on the Middle East, and its portfolio
of digital tools is only growing.
ADES INTERNATIONAL
13
HOLDING
ADES reported $194.9mn revenue
for 2018, and seems poised for
growth; the company brought in
$108.7mn revenue in Q1 2019 alone.
The company secured multiple con-
tract extensions and awards through
the year, across Saudi Arabia, Alge-
ria, Kuwait and Egypt, and boasts a
total training budget of over $1mn.
It also acquired three jack-ups from
Nabors Drilling.
oilandgasmiddleeast.com
11
ROCKWELL
AUTOMATION
Rockwell Automation has made
a number of moves to enhance its
portfolio of digital products and
services, including a joint venture
with Schlumberger to create Sensia,
which it calls the oil and gas indus-
try’s first fully integrated automation
solutions provider. It also acquired
Emulate3D, a software developer
that simulates and emulated indus-
trial automation systems.
14
AL MANSOORI SPECI-
ALISED ENGINEERING
In an interview at ADIPEC 2018,
Ibrahim Al-Alawi, deputy CEO of
Al Mansoori, said that key among
the companies achievements was its
automated well testing unit, which
can be remotely controlled online.
He sees potential in Africa, where
in July 2018 the company delivered
a $15mn engineering, procurement
and construction contract for a
Kenya oil project.
TOP 30 OILFIELD SERVICES COMPANIES
12
PENSPEN
UK-based Penspen won a $70mn
contract from ADNOC Onshore in
November 2018 to provide project
management consultancy services
for fifteen major projects, helping
cover different stages of the engi-
neering, procurement and construc-
tion process. Earlier in the year, it
provided similar consultancy ser-
vices for a sulphur pipeline project
by ADNOC Sour Gas.
23
15
CHURCHILL
DRILLING TOOLS
The company’s HyPR HoleSaver
tool has seen regional growth, with
operators leveraging the technology
to recover quickly from stuck pipes
—one operator was able to sever its
string using the tool in just an hour.
The company has seen growing
demand in the region since starting
Middle East operations in 2016, so it
invested in establishing a manufac-
turing base at its Abu Dhabi site.
SEPTEMBER 2019
 TOP 30 OILFIELD SERVICES COMPANIES

16
CORETRAX
17
GAC GROUP
18
NEXANS

This company has jumped up a
few places since the last edition of
this list thanks to its growth in the
region, with a 40% uptick in Middle
East business in 2018. Its technolo-
gies are used by a range of regional
oil companies, and with a series of
new projects and successful use
cases for its range of technologies,
Coretrax appears to be poised for
growth in 2019.
GAC Group is planning to expand
its operations in the Middle East,
noting in a June 2019 press release
that the contract logistics market in
the region is growing. The company
in May announced that it would
install 15,000 solar panels to power
two of its facilities in Dubai, includ-
ing its $27mn Dubai South facility,
its largest and most sophisticated,
which opened in November 2018.
Like many other, Nexans is in the
midst of transformation, seeking
to reduce costs and to see selective
growth. The company reported sales
of $3.82bn in H1 2019, representing
5% growth. It also committed its
money and expertise to help rebuild
the French landmark Notre-Dame
cathedral, which was damaged in a
fire in April 2019. It will provide fire
resistant energy cables.

24

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SEPTEMBER 2019 oilandgasmiddleeast.com


19
HONEYWELL
Honeywell’s oil and gas division
was founded more than 100 years
ago, and while it continues to have a
strong presence in the downstream
segment through its process technol-
ogy, it is also an innovator in safety,
developing technologies to boost
safety onsite and to improve remote
monitoring, allowing operators to
leverage the large amounts of data
flowing through their operations.
22
PROSERV
Proserv has been actively shifting
its business focus, selling its field
technology services business unit to
Acteon in July 2019 and its drilling
services business to C-Automation
earlier in the year, among other
recent deals to sell off businesses
outside of its core competencies. The
company plans to focus exclusively
on its core offering, putting its con-
trols technology front and centre.
oilandgasmiddleeast.com
20
KCA DEUTAG
The company has seen increas-
ing activity out of the Middle East,
recording high demand for rigs, with
one client contracting three 2000hp
desert rigs, and one contract out of
Iraq for a 2000hp land rig to drill
seven wells. It announced $54mn
land drilling contracts in March
2019, spanning the Middle East,
Russia, Europe, and Africa—with a
drilling contract in Algeria.
23
SPX FLOW
This is likely the last time SPX
Flow will feature on our list, as it
is aiming to sell off the majority of
its power and energy business in
the next year. Instead, it will focus
on process solutions for food and
beverage, industrial applications,
and its metering pumps. Prior to the
announcement of its divestment, the
power and energy unit generated
around $500mn in annual revenue.
TOP 30 OILFIELD SERVICES COMPANIES
21
TOPAZ ENERGY
& MARINE
The biggest news out of inter-
national offshore support vessel
company Topaz Energy & Marine
this year was its acquisition by
Dubai-based port operator DP World
(see cover story). Topaz also made
a surprise swing into the black,
reporting a $25mn profit for Q2 2019
on higher revenues, compared to
the $1mn loss it posted for the same
period last year.
25
24
WELLTEC
Welltec completed construction of
a new manufacturing and main-
tenace centre in Al-Khobar, Saudi
Arabia, in June 2019. It expects the
centre to act as a Middle East hub for
maintenance, servicing and manu-
facturing of oil and gas technologies.
Its Annular Isolation technology was
used by Total E&P Congo for what it
says was the world’s first cementless
completion.
SEPTEMBER 2019
 TOP 30 OILFIELD SERVICES COMPANIES
25
TENDEKA
While Tendeka might be a smaller
company than others among this
list, it has recently made impres-
sive moves in the region, with the
past year marking its entry into
Saudi Arabia, Iraq, and North Africa,
including Egypt, Libya and Algeria.
The company delivered 55 well in-
flow control projects in the region, as
well as five well trial projects, among
others.
26
28
WAVEFRONT
Wavefront, a specialist in well
stimulation and enhanced oil recov-
ery, made our list because of its Pow-
erwave well stimulation tool, which
was applied in Saudi Arabia. The
majority of its revenue came from
the Middle East, where it is looking
to expand its KSA distributor base.
It also sees opportunities in Kuwait,
where it is advancing its Powerwave
and WaveAxe technologies.
SEPTEMBER 2019
26AVEVA
This company recently announced
that Worley selected its enterprise
resource management solution as
its preferred materials management
platform, with the pair to deliver
a cloud-based enterprise resource
management solution tailored to the
needs of the engineering, procure-
ment and construction market.
The first official project roll-out is
expected to begin shortly.
29
JOTUN
Jotun is a familiar presence in the
oil and gas industry, having spent
more than 30 years supplying coat-
ings and services to extend the life
and performance of oil and gas as-
sets. Its solutions range from coating
tank farms, to pipelines, offshore
installations and more, ensuring that
corrosive elements do not eat away
at oil and gas companies’ assets—or
their profits.
27
SPARROWS GROUP
Sparrows Group has announced
a spate of deals this year, the most
recent of which is its first contract
to deliver deck operations services
in the UK Continental Shelf for oil
major BP. In the Middle East, it
secured vendor approval status from
Saudi Aramco, so it can deliver it full
portfolio of services to the national
oil company—putting it in prime
position to expand in the region.
30
HUAWEI
This Chinese multinational has
recently been in headlines due to
the ongoing trade war between the
US and China, but the company is
pivotal to the roll out of 5G in the
region. Last year, it showcased a
5G-oriented solution which will help
the oil and gas industry build up its
internet of things capabilities. The
company aims to simplify the indus-
try’s digital transformation.
oilandgasmiddleeast.com
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 AWARDS PREVIEW

Judges deliberate As the editors have finished selecting the finalists for this year’s awards
event, the judges are deciding the winner and highly commended for each
#")*-()2019 category

28

T
he newly rebranded Middle East Energy
Awards, now in its tenth edition, saw a
dramatic increase in nominations submit-
ted this year, with nominations increasing
by approximately 70%, an indication of the
industry’s appetite for such an occasion to
celebrate the great achievements of the year
across the regional energy sector.
The editors of Oil & Gas Middle East, Refining & Petro-
chemicals Middle East, and Utilities Middle East studied
each of the submitted nominations to whittle them down to
a suitable shortlist (see p29-30), which was presented to the
panel of judges, representing the upstream, downstream,
and utilities sectors. While all of the submissions had some
merit, this shortlist represents the very best in the industry,
and the judges have the difficult task of selecting a winner
and highly commended from these highly qualified projects,
companies, and professionals.
In addition to the growing number of submissions, this
year’s edition of the flagship awards event saw the widest
range of submissions from across the GCC, with more com-
panies represented among its 16 categories.
While the opportunity to submit nominations for this
year’s edition of the awards has officially closed, we encour-
age all members of the industry to keep an eye out for this
year’s awards to keep in touch with the very best of the
energy sector, and consider nominating themselves, or their
companies, next year for a chance to stand on the stage
among the winners for the 2020 awards.
Peruse the coming pages to see the finalists for the Mid-
dle East Energy Awards, and keep an eye on our website and
social media on 18 September 2019 to find out which of the
professionals, companies and projects on the shortlist will
take the first and second place spots in their category.

Silver sponsor

SEPTEMBER 2019 oilandgasmiddleeast.com

 AWARDS PREVIEW

Shortlist revealed
The entries that were received for each of this year’s 16 awards categories have been assessed,
evaluated and appraised, and the successful nominations have been shortlisted as follows:

CSR Initiative of the Year HSE Initiative of the Year

STEM education programme - ADNOC Group Reducing use of single use plastics - Altrad R B Hilton,
Torathuna (our heritage) - SATORP Bahrain
Apprentice volunteer programme - Saudi Aramco Foreman development and certification programme -
McDermott Middle East
Safety performance assessment system - Kuwait National
Clean Energy Initiative of the Year Petroleum Company
CCS and CO2 EOR pilot project - Saudi Aramco Workmen safety observation programme - L&T Modular
Microwave-Based Technology for In-situ Steam Fabrication Yard LLC, Sohar, Oman
Generation - Saudi Aramco Stay safe programme - TWMA
Solar Power Installations - RSA Global
Sharjah Waste to Energy Project - Masdar and Bee’ah
(Sharjah Waste to Energy LLC) Logistics Service Provider of the Year
Solar Lease - Yellow Door Energy Agility (Abu Dhabi) PJSC
Brooge Petroleum and Gas Investment Company
RSA-TALKE
Digital Enabler of the Year Tristar Group
28 AVEVA Vopak Horizon Fujairah Limited 29
Enova
Siemens LLC
CNS Middle East Oilfield Services Company of the Year
ADES International
Churchill Drilling Tools
Downstream Project of the Year Halliburton
Downstream shared services - Saudi Aramco
Duqm refinery project - Duqm Refinery and
Petrochemical Industries Company
Project Stretch - ADNOC Group

Energy Woman of the Year

Alyazia Ali Al Kuwaiti - Executive director of upstream
and integrated sectors, Mubadala Investment Company,
petroleum and petrochemicals
Amani Alghamdi - Petroleum scientist, Saudi Aramco
Dr. Idara Umoh - Commercial operations director,
Eastern hemisphere, Weatherford
Giulia Castoldi - Senior business development manager,
SirajPower
Nadia B Alhajji - Deputy CEO, PIC

Silver sponsor

oilandgasmiddleeast.com SEPTEMBER 2019

 AWARDS PREVIEW
Operational Excellence Strategy of the Year
Integrated creative programme for stainable oil
production - Kuwait Oil Company
Operational excellence strategy in steam management
- Saudi Aramco
SATORP operational excellence programme - SATORP
Talent Development Initiative of the Year
Future Energy Leaders programme - Mubadala
Investment Company, petroleum and petrochemicals unit
Talent development for MENA - Halliburton
NITAQAT: Excellence in engagement - Larsen & Toubro
Saudi Arabia LLC
Development of excellence with value - Nabors Drilling
International Gulf FZE
Nishaan - DUQM Refinery
Technical Innovation of the Year
Auto well space out - Saudi Aramco
HyPR HoleSaver - Churchill Drilling Tools
Drone inspections and energy modeling - Enova
Oilfield water expert system: Automated solutions
30 through geochemical dataset - Saudi Aramco
Silver sponsor
SEPTEMBER 2019
SmartWater-based polymer flooding- Saudi Aramco
Upstream Project of the Year
Ghasha ultra-sour gas project - ADNOC Group
Unconventional gas stimulation - Halliburton
Kurdistan gas project - Crescent Petroleum
Utilities Project of the Year
Shuqaiq 3 desalination plant - ACCIONA
Khan Younis wastewater treatment plant - Eaton
Corporation
Renewable energy - reducing carbon footprint - RSA Global
Young Energy Professional of the Year
Fajer Ahmad - Petroleum engineer, field development, Kuwait
Oil Company
Hesham Katamesh - Testing and subsea engineering solutions,
Halliburton
Helal Suhail Al Mazrouei - Petrochemicals analyst, Mubadala
Investment Company, petroleum & petrochemicals
Marwah Al Ismail - Research development programme, Saudi
Aramco
Joëlle Tarabay - Artificial intelligence developer and SCADA 30
engineer, SirajPower
oilandgasmiddleeast.com
 WELCOME
COMMENT
EDITOR’S LETTER
Generating power
Power generation is seeing plenty of innovation and change, marking its importance in
the wider energy industry, and its high potential
P
ower is everything. Not in the
philosophical sense, but literally.
Power generation can often mean
traversing difficult conditions to
make sure operations in remote locations
continue to run smoothly. That means
operators must partner with reliable service
providers to ensure that essential functions
are powered up.
In our Market Focus, we look at the
temporary power market, which is expected
to grow to an estimated $1.1bn worth by
32 2023, up from $622mn in 2018, at a CAGR
of 12.12%. Saudi Arabia is poised to lead that
growth, with the most need for temporary
power and cooling.
Meanwhile, Weir Oil & Gas reveals its SPM
Quintuplex Extended Max 500 E-Frac Pump,
designed for electric and gas turbine-driven
applications. It calls the pump”the only true
continuous-duty electric or gas turbine-
capable 5,000-horsepower pump in produc-
SEPTEMBER 2019
tion today.” It also boasts one billion field
cycles with zero reported non-productive
time. Because it is compatible with electric
and gas turbines, operators have the ability
to tap into the electrical grib, remote power
generation or natural gas turbine generators
for their needs.
While this is innovative, our Tech Focus
jumps outside of the box to detail a bitcoin-
mining business making use of stranded gas.
Upstream Data, a Canadian startup, offers
portable bitcoin mining datacentres fueled
by natural gas.
For operators in remote locations, this
could be a smart alternative to building the
gas transportation infrastructure that would
be needed to bring it to market, and certainly
more sustainable than venting or flaring
the gas. The company also offers a range
of packages, which means that operators
can choose different ways of leveraging
Upstream Data’s system.
DOWNLOAD OR UPDATE THE APP
NOW ON YOUR IOS DEVICE
Our Last Word takes a wider view of
power generation, looking at Saudi Arabia’s
shift towards alternatives to crude oil, as
it seeks to free up the resource for export.
While natural gas is the primary resource
for internal power generation. In 2018, the
nation burned the lowest amount of crude oil
for power generation since at least 2009, the
earliest that data is available. But as it turns
to natural gas, it is also turning to fuel oil,
a trend which could increase as IMO 2020
comes into play.
Power generation is a field full of in-
novation and change. Changes in mindset,
technology, and a shift in what is considered
possible are shaping this segment of the
industry, and its impact on the energy sector
as a whole.
Look to the coming pages for a glimpse
into this sector, and how it is shifting as the
wider energy landscape around it continues
to transform.
oilandgasmiddleeast.com
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 MARKET FOCUS

34

TEMPORARY
POWER, LONG-
TERM GROWTH
The Middle East temporary power market is set to boom to $1.1bn worth in 2023,
with Saudi Arabia leading growth

SEPTEMBER 2019 oilandgasmiddleeast.com


T
he Middle East temporary
power market is set to boom,
according to a report by
MarketsandMarkets. This
segment of the market will be
worth an estimated $1.1bn by 2023, up from
$622mn in 2018, with a CAGR of 12.12%.
Because of the vital role of temporary power
in the construction industry, it is often cited as
an indication of the market’s health.
“The manufacturing and construction
industry is significantly rising and recovering
from the slowdown that occurred in the year
2016, and is expected to fuel the demand
for rental power solutions,” wrote Big Market
Research in a January 2019 report.
“In the Middle East region, Saudi Arabia is
anticipated to be the fastest growing country
considering the temporary power market,” it
continued.
The report noted that the above 1,250KVA
segment led the temporary power market in
2018 and is expected to hold the largest share
of the regional market during the forecast
period.
oilandgasmiddleeast.com
“Temporary power generators with a
capacity of above 1,250 kVA are used in
heavy construction, oil & gas, utilities, and
manufacturing,” the report noted. “The
energy sector requires temporary power on a
large scale to support various upstream and
midstream activities.”
The UAE construction sector had active
projects worth more than $245bn when the
report was published, which typically require
temporary power. The oil and gas sector made
up $4.6bn of that total. Saudi Arabia led the
Middle East temporary power and cooling
market in 2018.
This year has seen strong moves for genset
suppliers in the region; In May 2018, Chicago
Pneumatic sold the first of its CPSG range in
Egypt, with two orders coming from Nile for
Roads and New Sharm Contracting, according
to Oil & Gas Middle East’s sister title, PMV
Middle East. It delivered a total of 590 CPSG
gensets to the two companies.
Efficiency is always a concern, especially
in the regional oil and gas sector, and the
need for products that are both energy and
MARKET FOCUS
cost-efficient is set to continue growing into
the future. Even so, low-load profile can have
a negative effect on gensets, which could
ultimately lead to failure onsite. With non-
productive one of the most feared phrases
in the industry, oil and gas companies must
take appropriate steps to counteract potential
disruptions to their operations.
A report by Construction Week notes
that “operating uninterruptedly in low-load
mode can lead to higher oil consumption,
and consequently, increase the deposit of
carbonised oil or oil residue in the engine, as
well as in the suction and exhaust system,”
which can lead to issues with the engine’s
performance and lifetime.
Using gensets with power loads under 30%
of the maximum power value can thus lead to
failure in the long-term. In an interview with
PMW Middle East, Himoinsa recommended
low-load genset operation be restricted to
15 minutes, and noted that gensets should
be used for “several hours at full load” to help
clean up their engine by removing carbonised
oil deposits.
35
SEPTEMBER 2019
 KNOWLEDGE PARTNER
A NEW
GENERATION
Weir Oil & Gas released its SPM Quintuplex Extended Max
500 E-Frac Pump, designed for electric and gas turbine-
driven applications
W
eir Oil & Gas, a leading
upstream provider of pressure
pumping and pressure control
equipment and services,
introduced today its new SPM® Quintuplex
36 Extended Max (QEM) 5000 E-Frac Pump.
This new pump is the only true continuous-
duty electric or gas turbine-capable
5,000-horsepower pump in production today.
The new SPM® QEM 5000 E-Frac Pump
builds on the proven power and durability of
the SPM® QEM 3000 platform, having nearly
one billion field cycles with zero NPT reported
and Weir’s nearly 150 years of industry-
leading engineering expertise. The new
e-frac pump delivers two worldwide firsts: a
frac pump designed from the ground up for
electric or gas turbine and 5,000-horsepower
capacity in a single unit, rated for service
at 100% of rod load, 24 hours a day, even in
extreme conditions.
Frac site demands have dramatically
SEPTEMBER 2019
expanded in the past six years. Today, lateral
lengths are 43% longer, the number of
stages has increased 94%, sand usage is up
85% and horsepower-hours per well have
increased 200%.
These factors, combined with operating in
increasingly complex environments, pushes
conventional frac fleets to their limits with
longer pumping hours and less frequent
service intervals to increase daily stages. This
reality requires frac pumps to provide ever-
increasing durability and performance, but
with diesel prices at more than $3 per gallon,
adding horsepower alone doesn’t fully meet
operators’ needs.
The SPM® QEM 5000 E-Frac Pump’s
compatibility with non-standard drivers,
including electric and natural gas turbines,
gives operators the flexibility of tapping into overall footprint are reduced. With intentional
the electrical grid, remote power generation engineering to reduce maintenance,
or a natural gas turbine generator which operators can experience millions of dollars
reduces diesel fuel spend, emissions, overall in maintenance savings per year of use and
assets on location as well as maintenance reduce maintenance personnel costs by
intervals. potentially 42%.
The SPM® QEM 5000 E-Frac Pump The SPM® QEM 5000 E-Frac Pump
minimises upfront capital investment as it achieves its horsepower with enhanced
can reduce a frac fleet from 20 conventional structural rigidity through an engineered
pumps and 100 bores per site to just eight skid and segmented frame plates that
pumps and 40 bores per site. dramatically extend component life. It also
With only eight SPM® QEM 5000 E-Frac features a patent-pending dual-pressure
Pumps needed to match the output of 20 lubrication system designed to optimise
conventional pumps, maintenance, noise delivery and distribution of clean lubricant
pollution, safety hazards, emissions and to provide extended life and reduced non-
oilandgasmiddleeast.com

productive time.
With a fit-for-purpose gearbox, as well as
the industry’s largest bearing, the pump is
capable of operating continuously at its full
horsepower and higher torque applications.
The Patent-pending high-ratio gearbox
design allows for a small more efficient motor
to be utilised.
Furthermore, when utilising an eight-
inch stroke the motor size reduction is even
greater. It also includes the field-proven
SPM® EXL Fluid End with SPM® Everbore™
hardened-steel packing bore, which
eliminates washboarding and the need to
sleeve in the field.
oilandgasmiddleeast.com
As E&P companies seek to reduce carbon
footprints and realise greater reductions in
well costs, the SPM® QEM 5000 E-Frac Pump
is the only proven pump platform that is ready
today to overcome these challenges.
“Five years from now, we anticipate frac
sites will look different than they do today. We
are proud to announce Weir’s new SPM® QEM
5000 E-Frac Pump,” says Paul Coppinger,
president, Weir Oil & Gas.
“The SPM® QEM 5000 E-Frac Pump is
designed with the future in mind, leveraging
Weir’s unique engineering and SPM® QEM
3000 platform expertise to deliver customers
a pump offering that lowers the total cost of
KNOWLEDGE PARTNER
37
ownership and environmental impact while
also increasing sustainability,” Coppinger
continues.
The SPM® QEM 5000 E-Frac Pump is
supported by Weir Edge™ Services, Weir’s
global service offering. With service and
training centers in every U.S. basin and
every part of the globe, Weir Edge™ Services
supports operators with a three-pronged
approach that includes global access to
local engineering experts, engineered repairs
with highly skilled aftermarket support, and
industry-leading digital empowerment tools
for Weir and other OEM equipment, all within
a three-hour trip.
SEPTEMBER 2019
 TECH FOCUS
GENERATING
REVENUE
Upstream Data has combined power generation and
Bitcoin mining to help operators make use (and revenue)
out of stranded gas
Flared and vented gas are a drain on
upstream companies’ profit margins, and
their adherence to climate change goals.
Canadian company Upstream Data invented
a solution in 2017 to reduce waste and help
companies turn a loss into more revenue.
But it is a new field for most upstream
38 companies; Upstream Data uses associated
gas to power mining datacentres which
harvest an unusual by-product for the oil
and gas sector; Bitcoin.
“When I learned about Bitcoin mining
in 2016 it clicked immediately that this
technology was the solution - all we needed
to do was build a portable bitcoin mining
datacenter fueled from natural gas,” writes
Steve Barbour, Upstream Data president, on
the company website.
For operators struggling with stranded
gas, which cannot be brought to market, it
could present an innovative solution to help
them remain compliant with government
regulations while avoiding waste. It
makes sense to use gas to power drilling
operations, and in some areas, venting off
stranded gas is the cheapest option. This
is relevant to sites in remote locations,
where building the needed transportation
infrastructure would be costly and
potentially complicated, as well.
Upstream Data’s packages include mining
hardware, shelter for that hardware, and
a generator set, unless one already exists
onsite. It offers two distinct packages, the
Ohmm mini, a datacentre with up to 50kW
SEPTEMBER 2019
of ASICs in a stackable steel box, the Ohmm
combo datacentre, with up to 125 kW of
ASICs and a natural gas genset in a modified
shipping container, and still in development,
the Ohmm mega datacentre, which is 1,000
kW in a shipping container.
“Our Ohmm datacenters even come with
optional remote control and automation
capability,” writes Barbour. “Our datacenters
are scalable to consume practically any vent
or flare gas volume and they are designed to
be modular in nature.”
The service comes in three options.
Operators can buy a mining rig, supply the
gas and convert it into power, allowing them
to take all the profit from Bitcoin mining.
In the second option, operators provide the
gas and power conversion, but do not buy
the mining hardware, so Upstream Data
gets a part of the revenue generated. Finally,
with the third option, Upstream Data brings
its mining equipment onsite and converts
the operator’s gas to power for free, and
receives the vented gas for free. According
to an interview with Bitcoin Magazine, some
operators are so keen to rid themselves of
the stranded gas that they will give it away
for free rather than pay to combust it.
Associated gas has long been linked to
waste, and as countries across the Middle
East work to decrease venting and flaring,
this integrated approach could provide
operators with a clear path to a more
sustainable future.
oilandgasmiddleeast.com
 TECH FOCUS

39

oilandgasmiddleeast.com SEPTEMBER 2019

 SPECIAL REPORT – LAST WORD
KSA:
POWERING UP
40
Saudi Arabia is in the midst of a transfor-
mation. Part of that transformation means
relying more heavily upon natural gas for
power generation, while leaving more crude oil
for export.
The International Energy Agency reports
that in 2018, Saudi Arabia burned an average
of 0.4mn barrels per day of crude oil for power
generation. That is the the lowest amount it
has burned since at least 2009, the earliest
that data is available. However, the report
notes that “Saudi Arabia burns considerably
more crude oil directly for power generation
than any other country. Between 2015 and
2017, Saudi Arabia used more than three times
the amount of crude oil for power generation
than Iraq, the second-largest user of crude oil
for power during those years.”
In 2015, Saudi Arabia’s direct crude oil burn
for power generation reached a record high,
averaging 0.9mn barrels per day of crude
burned from June to August. The summer
SEPTEMBER 2019
months are key, given the heat and need for
additional air conditioning. By comparison,
direct crude oil burn in the summer of 2018
was 0.5mn barrels per day, a staggering drop
of 41%.
“Despite steady increases in both popula-
tion and electricity consumption, Saudi Arabia
reduced its reliance on crude oil for power
generation by increasing the use of other
energy sources, such as natural gas and fuel
oil,” the report noted.
“Most of the natural gas that Saudi Arabia
produces is associated gas, which is natural
gas produced along with crude oil from an oil
well. Yet Saudi Arabia’s production of natural
gas from wells not associated with oil pro-
duction has also increased, leading to higher
consumption of natural gas in the country,”
the report continued.
Natural gas processing capacity is increas-
ing in tandem with this trend. In 2017, natural
gas consumption in Saudi Arabia hit 10.6bn
Saudi Arabia is leveraging
different fuels for power
generation, leaving more
crude oil for refining and
export, according to the
International Energy Agency
cubic feet per day, so natural gas processing
capacity is key,
However, while most regions are decreasing
dependence on fuel oils due to environmental
concerns, the IEA reports that Saudi Arabia is
also using fuel oil as “a partial replacement of
crude oil in power generation.” It is one of the
few regions that has seen increasing fuel oil
consumption in recent years. This trend may
increase exponentially as IMO 2020 approach-
es, and “stranded high-sulfur fuel oil could be
sent to Saudi Arabia to further replace crude
oil in power generation.”
As Saudi Arabia seeks to expand its down-
stream sector, and the petroleum products
that it can export, decreasing reliance on
crude oil for power generation means more is
available for refining and export.
“For many years, Saudi Arabia has worked
to increase its domestic refinery capacity and
is currently able to process 2.9 million b/d of
crude oil,” the report wrote.
oilandgasmiddleeast.com
 LOGISTICS & TRANSPORTATION - BRANDVIEW
SUPPLY CHAIN IN
MOTION: DIGITAL
TRANSFORMATION
HAS ARRIVED
Richard Donaldson, co-founder of enterprise asset
procurement, management, and disposition platform
Requis, on the opportunities for digitally transform-
ing the industry’s supply chain.
S
42
ometimes, as author
James Surowiecki as-
serts, there are lessons in
the wisdom of crowds.
In the case of enterprise
supply chains, global
enterprise definitely can
benefit from what consumers are already
doing. During my time at an enterprise IT
company in business operations, specifi-
cally managing supply chain, I oversaw
over $350mn in purchasing, but my team
and I were doing it offline, using an inef-
ficient hodgepodge of systems.
A platform of their own
Global consumers spend more than
$10trn every year, according to the World
Bank. This is a massive market and has
understandably been the primary focus
of most e-commerce platforms to date.
These platforms have been trying to
create an online environment to meet
the needs of the consumer and provide a
great experience.
But there is another segment that is
two to 10 times larger than the con-
SEPTEMBER 2019
“THE OPTIMISATION... BASED ON THIS DIGITAL
TRANSFORMATION, COULD PRODUCE SAVINGS OF
20% TO 30%, AS A CONSERVATIVE ESTIMATE.”
sumer segment; the global enterprise
supply chain. It consumes more, is far
more predictable and consistent with
purchases and sales, buys what it needs
based on advance planning, and has yet
to really move online.
Enterprise supply chains need their
own commerce platforms, not just reuse
of existing consumer platforms.
A slow awakening
Global enterprises spend more
than $12trn annually on the procure-
ment of assets to run their respective
businesses. They are also sitting on
an amassed $189trn in assets, much of
which is surplus. Based on my first hand
experience, and that of my colleagues in
other verticals, they should be disposing
of over $8trn in assets per year.
Combined, this group of global en-
terprises buys and sells over $20trn per
year, twice that of all consumers glob-
ally. The energy sector alone, accord-
ing to the IEAE 2019 Annual World
Energy Investment report, accounts
for nearly 10% of that overall spend
per year, around $2trn per year.
For the most part, these behemoths
perform this work in the same way
as they have for decades; manually
and offline. Supply chains, no matter
the industry vertical, are languish-
ing in this old way of doing things
for a number of reasons. The impact
is being felt in several ways: the old
methods are costly, time consuming,
and disconnected from the ecosystem
of suppliers and buyers.
So these supply chain professionals,
who in their consumer personas are
used to near real-time supply chains
via Amazon and the like, are demand-
ing more. But the consumer-based
oilandgasmiddleeast.com
 LOGISTICS & TRANSPORTATION - BRANDVIEW

solutions are designed like the ‘Facebook’

of solutions; they are consumer-oriented.
However, what professional personas are
seeking is the ‘LinkedIn’ version, with a
focus on professional applications.
Professional supply chain and procure-
ment users do not “shop”; they buy things
that the business needs based on careful
planning and budgeting. This is a very
targeted buying pattern, and is much less
emotional or subject to whim. As profes-
sionals do not buy things one at a time,
they always buy in bulk.

Effects of a changing landscape

Supply chain professionals are seek-
ing holistic solutions that address their
massive needs, and we are just begin-
ning to see this adoption take place. The
online transition of this $20trn economic
juggernaut will begin the process of
transforming enterprise supply chains
for the next decade and beyond. We will
see trillions of dollars in savings that
will drive up corporate profits, and drive
down overall consumer prices (or keep 43
them flat).
E-commerce
This digital transformation will usher
for enterprises
requires a tailored in “value webs” of interconnected enter-
approach prises with their suppliers and buyers,
interacting on common platforms, the
way consumers do, instead of being
Purchasing is still
siloed. There will be disruption, or great
often completed
manually and enhancement, to the areas of commerce,
offline payments, logistics, contract manage-
ment, and much more.
With over $20trn in activity every year,
an increasing number of companies will
be working to find solutions within this
space. As such, we might discover an
“THIS DIGITAL TRANSFORMATION WILL USHER IN “VAL- entirely new perspective on the supply
UE WEBS” OF INTERCONNECTED ENTERPRISES WITH chain organisation, since it is the central
nervous system of any enterprise and
THEIR SUPPLIERS AND BUYERS, INTERACTING ON usually controls more than 50-60% of the
COMMON PLATFORMS THE WAY CONSUMERS DO, IN- overall corporate spend.
STEAD OF BEING SILOED. ” The optimisation that will occur in
this segment, based on this digital trans-
supply chains, and the way in which they many: Facebook and LinkedIn. the for- formation, could produce savings of 20%
operate, are predicated upon consumer mer is for personal contacts and the latter to 30%, as a conservative estimate. Taken
habits and patterns, and not professional for professional ones. They are both so- into context, this would remove $4trn to
or work patterns. cial networking platforms, but how peo- $6trn per year from the overall spend and
The easiest way to illustrate this lies ple use them and interact on them are cost structure, or for the energy sector,
in popular social media outlets used by profoundly different. Current commerce approximately $400bn to $600bn.

oilandgasmiddleeast.com SEPTEMBER 2019

 PROJECT FOCUS

SNOC & ENI - Onshore Acreage

Exploration (Areas A, B and C)
FAST FACTS

Name of Client
Sharjah National Oil Corporation (SNOC), Eni
Estimated Budget ($ US)
1,000,000,000

Facility Type FEED

Exploration -
Sector PMC
Oil Eni
Status Main Contractor
Engineering & Procurement Eni
Location Contract Value ($ US)
Sharjah 1,000,000,000
Project Start Award Date
Q2-2018 Q1-2019
44 End Date
Q4-2025
Last Updated
01-08-2019

BACKGROUND CONTRACTORS

Sharjah National Oil Corporation Contract Type Pre-Qualified Bidders Awarded

(SNOC), through Sharjah
Petroleum Council’s launch PMC - - Eni
of a new upstream licensing
round is planning to carry EPC - - Eni
out exploration of an onshore
acreage consisting with 3 areas
named A, B and C and located
in the producing Thrust Zone PROJECT SCHEDULES
play trend. In the area, there
is also an unappraised deeper Contract Type Pre-Qualified Bidders Awarded
gas discovery below the Sajaa
Project Announced 2Q-2018 - Eni
gas condensate field which is
located in the area A.
EPC ITB 4Q-2018 - Eni

Engineering &
1Q-2019
Procurement

Completed 4Q-2025

SEPTEMBER 2019 oilandgasmiddleeast.com

 PROJECT FOCUS

45

PROJECT SCHEDULES
Project Announced
Date Status
3Q-2015 Aug 2019 Various activities are taking place for Areas A, B and C.
Feasibility Study
Jun 2019 Exploration activities are taking place.
3Q-2015
Engineering & Procurement Apr 2019 The necessary preparation activities are undertaken.
2Q-2018
Feb 2019 SNOC will be awarding the drilling contractor for Area B by mid of 2019.
Completed
1Q-2022 Jan 2019 Eni has been awarded with concession agreement for the exploration activities in areas A,B and C.

PROJECT SCOPE Oct 2018 Contractors are preparing to submit bids which are due mid November.
The project scope includes:
Commercial documents with concession agreement and joint operating agreement are prepared with the scheduled
‡ 3D seismic surveys and data Jun 2018
review on July 4. Bid submission deadline is 18 November and contract issue shall be on 1 January 2019.
interpretation
‡ Well drilling for area B SNOC is in the process of inviting exploration and production companies to participate in the licensing round and will
Jun 2018
‡ Gas-condensate processing be issuing contracts to last 30 years plus additional 10 year extensions.
plant
‡ Export facilities
PROJECT FINANCE
The Government’s Sharjah Petroleum Council has launched a new upstream licensing round in Sharjah. This round will be managed by the Sharjah National Oil
Corporation (SNOC). In January 2019, SNOC entered into an agreement with Eni for Concessions A, B, and C. Concession Area A and C cover respectively an area
of 437 km2 and 1,184 km2. Eni will act as operator with 75% participating interest with SNOC as a partner with a 25% stake. Concession Area B covers an area of
264 km2. SNOC will act as Operator with 50% participating interest with Eni holding 50% of the stake.

oilandgasmiddleeast.com SEPTEMBER 2019

 PROJECTS

Ongoing and upcoming projects

Information is supplied by DMS Projects

GCC GAS – SEPTEMBER 2019

Project Country City Sector Facility Budget Award Date Status Completion
Date

ADNOC Gas Processing - Thammama F Early Nitrogen Rejection Unit U.A.E. Abu Dhabi Gas Gas Processing 500,000,000 2020-Q4 On Hold 2025-Q4

Distributed Control
ADNOC Gas Processing- Asab 1- Control System Upgrade U.A.E. Abu Dhabi Gas System (DCS) 55,000,000 2017-Q3 Commissioning 2019-Q4

ADNOC Gas Processing- Habshan 4- CO2 Recovery & Injection U.A.E. Abu Dhabi Gas Carbon Dioxide 80,000,000 2019-Q4 EPC ITB 2022-Q1

ADNOC Gas Processing- Integrated Gas Development (IGD) -

Expansion (Onshore Pipeline) U.A.E. Abu Dhabi Oil, Gas Gas Production 710,000,000 2014-Q4 Commissioning 2019-Q3

ADNOC Gas Processing- Ruwais - Train 1 & 2 Process Cooling Fire

U.A.E. Abu Dhabi Gas Gas Processing 80,000,000 2018-Q2 Construction 2020-Q2
Water Pumps Replacement

Engineering &
ADNOC LNG- Integrated Gas Development (IGD) - Expansion (Phase 2) U.A.E. Abu Dhabi Gas, Pipeline Gas Field Development 450,000,000 2018-Q3 2020-Q4
Procurement

ADNOC LNG- Integrated Gas Development (IGD) - Expansion -

Overview U.A.E. Abu Dhabi Gas Gas Field Development 1,370,000,000 2015-Q1 Construction 2020-Q4

ADNOC Offshore - Nasr Full Field Development - Overview U.A.E. Abu Dhabi Oil, Gas, Offshore Oil Field Development 1,700,000,000 2011-Q4 Construction 2020-Q1

ADNOC Offshore - Umm Shaif Gas Cap Condensate Development U.A.E. Abu Dhabi Gas, Pipeline Oil & Gas Field 2,000,000,000 2019-Q2 FEED 2024-Q3

ADNOC Offshore - Upper Zakum Facilities Expansion - Phase 1 U.A.E. Abu Dhabi Gas, Offshore Oil Field 8,000,000,000 2020-Q1 FEED 2024-Q1

ADNOC Offshore - Upper Zakum Full Field Development - 750 Project -

U.A.E. Abu Dhabi Oil, Gas Oil Production 3,840,000,000 2013-Q2 Commissioning 2019-Q4
46 Surface Facilities - EPC 2

ADNOC Offshore- 750 West Region- Capacity Expansion & Sulphate

U.A.E. Abu Dhabi Oil, Gas Sulphur Recovery 300,000,000 2017-Q1 Construction 2020-Q1
Reduction Plant- EPC 3

ADNOC Offshore- Nitrogen Plant Upgrade U.A.E. Abu Dhabi Gas Nitrogen 55,000,000 2022-Q4 On Hold 2025-Q4

ADNOC Onshore- Bab Gas Compression Phase 3 U.A.E. Abu Dhabi Gas Gas Compression 270,000,000 2019-Q2 Engineering & 2022-Q4
Procurement

ADNOC Onshore- Bab TH-F Peripheral Development U.A.E. Abu Dhabi Oil, Gas Nitrogen 400,000,000 2019-Q3 On Hold 2020-Q4

ADNOC Sour Gas- Dalma Field- Gas Processing Facility U.A.E. Abu Dhabi Gas Gas Processing 200,000,000 2019-Q4 EPC ITB 2023-Q4

ADNOC Sour Gas- Shah Field- Expansion U.A.E. Shah Field Gas Gas Network 110,000,000 2018-Q2 Construction 2020-Q2

Bahrain LNG - Liquefied Natural Gas Receiving and Regasification Liquefied Natural Gas
Bahrain Hidd Gas, Offshore 660,000,000 2015-Q4 Commissioning 2019-Q3
Terminal (LNG)

Engineering &
Bapco - Offshore Blocks Exploration Bahrain Various Oil, Gas, Offshore Exploration 80,000,000 2018-Q2 Procurement
2022-Q1

BJFCO - Bahrain International Airport Modernization Program - New

Aviation Fuel Farm & Fuel Hydrant Bahrain Muharraq Gas, Infrastructure Gas Storage Tanks 200,000,000 2017-Q2 Construction 2019-Q3

BP - Block 61 - Ghazeer Field Development Oman Al Dahirah Gas Gas Field Development 5,000,000,000 2017-Q4 Construction 2021-Q1

BP - Block 61 - Khazzan and Makarem Gas Fields Development Oman Al Dahirah Gas Gas Field Development 24,000,000,000 2014-Q1 Construction 2022-Q1

Dolphin Energy - Northern Emirate Pipeline (NEP) U.A.E. Sharjah Gas, Pipeline Gas Pipeline 150,000,000 2019-Q4 EPC ITB 2022-Q3

Emirates LNG - Fujairah LNG U.A.E. Fujairah Gas Liquefied Natural Gas 3,000,000,000 2020-Q1 On Hold 2024-Q4
(LNG)

GTI Fujairah FZC - Fujairah Oil Storage Terminal - Phase 3 U.A.E. Fujairah Oil, Gas Oil Storage Tanks 100,000,000 2019-Q4 On Hold 2023-Q4

Liquefied Natural Gas

KIPIC - Al Zour LNG Import And Regasification Terminal Kuwait Al Zour Gas 3,330,000,000 2016-Q1 Construction 2020-Q3
(LNG)

KNPC - Mina Al Ahmadi Refinery Fifth Gas Train Kuwait Mina Al Ahmadi Gas Gas Processing 1,500,000,000 2015-Q2 Construction 2020-Q1

Northern
KOC - Jurassic Production Facility (JPF) - JPF-4 and JPF-5 Kuwait Oil, Gas Oil & Gas Field 700,000,000 2019-Q3 FEED 2020-Q2
Kuwait

SEPTEMBER 2019 oilandgasmiddleeast.com

 PROJECTS

Project Country City Sector Facility Budget Award Date Status Completion
Date
KOC - New Strategic Gas Export Pipeline From North Kuwait To Mina Northern Engineering &
Kuwait Gas, Pipeline Gas Pipeline 480,000,000 2019-Q1 2021-Q1
Al-Ahmadi Refinery Kuwait Procurement

KOC - North Kuwait Gathering Center (GC) 24 Upgrade Kuwait Northern Gas Gas Gathering Centre 150,000,000 2017-Q3 On Hold 2019-Q1
Kuwait

Northern
KOC - North Kuwait Gathering Center (GC) 32 Kuwait Gas Gas Gathering Centre 1,650,000,000 2017-Q1 Construction 2020-Q4
Kuwait

KOC - North Kuwait Manifold Gathering System for Gathering Centers Northern
Kuwait Gas Gas Gathering Centre 2,500,000,000 2014-Q3 Construction 2019-Q3
(GC) 29, 30, 31 Kuwait

Southeast
KOC - South East Kuwait BS-160 Upgrade Kuwait Gas Gas Processing 270,000,000 2019-Q3 FEED 2021-Q1
Kuwait

KOC - Water Management Project - Gathering Centers 3, 4, 7, 21 Kuwait South Kuwait Gas Gas Gathering Centre 245,000,000 2017-Q1 Construction 2020-Q1

Southeast
KOC - Water Management Project - Gathering Centers 6, 8, 11, 19 Kuwait Kuwait
Gas Gas Gathering Centre 240,000,000 2017-Q1 Construction 2020-Q3

KOC - Water Management Project - Gathering Centers 9, 10, 20, 22 Kuwait East Kuwait Gas Gas Gathering Centre 196,000,000 2017-Q1 Construction 2020-Q3

KOC - Water Management Project - Overview Kuwait Various Gas Gas Gathering Centre 2017-Q1 Construction 2020-Q3

KOC - West Kuwait BS-171 Gas Sweetening Facility Kuwait West Kuwait Gas Gas Treatment Plant 300,000,000 2019-Q3 FEED 2021-Q1

MOG - Block 43b Onshore Exploration and Production Oman Northern Oman Oil, Gas Gas Exploration 40,000,000 2019-Q3 On Hold 2023-Q3

NIGC - Jubail GAS Phase 9 Saudi Arabia Jubail Gas Gas Production 900,000,000 2018-Q3 Construction 2020-Q3

Oman Gas Company - Muscat Gas Network Oman Muscat Gas Gas Network 100,000,000 2020-Q4 On Hold 2025-Q4

Liquefied Natural Gas

Oman LNG - LNG Plant Upgrade Oman Qalhat Gas (LNG) 100,000,000 2020-Q1 FEED 2023-Q1

Natural Gas Liquefaction

Orpic - Liwa Plastics Industries Complex - NGL Extraction Units Oman Sohar Gas 700,000,000 2015-Q4 Construction 2020-Q2
47 (NGL) 47
Orpic - Nitrogen Gas Plant Oman Sohar Gas Nitrogen 50,000,000 2017-Q2 Construction 2019-Q1

PDO - Flare Gas to Power Schemes Oman Various Gas Gas Recycling 200,000,000 2019-Q2 EPC ITB 2022-Q2

PDO - Khulud Tight Gas Development Project (KLD) Oman Al Wusta Gas Gas Field Development 300,000,000 2017-Q2 Construction 2019-Q1

PDO - Mabrouk North East Deep Gas Field Development Oman Saih Rawl Gas Gas Field Development 5,000,000,000 2020-Q1 FEED 2023-Q1

PDO - Rabab-Harweel Integrated Plant (RHIP) - Overview Oman Harweel Gas Gas Processing 3,000,000,000 2014-Q1 Construction 2019-Q4

PDO - Saih Nihayda Condensate Stabilization Plant Oman Saih Nihayda Gas Gas Treatment Plant 115,000,000 2012-Q3 Commissioning 2019-Q1

PDO - SRCPP & SNGP Condensate Recovery Maximisation Oman Saih Nihayda Gas Gas Processing 300,000,000 2014-Q4 Commissioning 2018-Q2

Engineering &
PDO - Yibal Rejuvenation Oman Yibal Gas Gas Production 500,000,000 2017-Q2 2020-Q2
Procurement

Port of Duqm Company - Floating Storage Regasification Unit (FSRU) Oman Duqm Gas LNG Regassification 500,000,000 2021-Q1 On Hold 2024-Q1

Liquefied Petroleum
RAK Gas - LPG Storage Terminal - Overview U.A.E. Ras Al Khaimah Gas 300,000,000 2019-Q3 EPC ITB 2021-Q1
Gas (LPG)

Gas,
SAGIA - Unibio - Edhafat - BioProtein Facility Saudi Arabia Various Gas Processing 200,000,000 Project Announced 2021-Q4
Petrochemicals

Liquefied Petroleum
Salalah Liquefied Petroleum Gas (SLPG) - Salalah LPG Extraction Oman Salalah Gas 650,000,000 2017-Q1 Construction 2020-Q3
Gas (LPG)

Saudi Aramco - Arabiyah and Hasbah Gas Field Development Saudi Arabia Arabiyah Gas, Offshore Gas Field 3,000,000,000 2011-Q1 Construction 2019-Q2

Saudi Aramco - Fadhili Gas Plant - Downstream Packages Saudi Arabia Eastern Region Gas Gas Processing 650,000,000 2016-Q3 Commissioning 2019-Q3

Saudi Aramco - Fadhili Gas Plant - Industrial Support Facilities (FISF) Saudi Arabia Eastern Region Gas, Construction Gas Treatment Plant 100,000,000 2015-Q4 Commissioning 2019-Q3

Saudi Aramco - Fadhili Gas Plant - Main Processing Facilities Saudi Arabia Eastern Region Gas Gas Treatment Plant 2,500,000,000 2015-Q3 Construction 2019-Q3
(Package 1)

Saudi Aramco - Fadhili Gas Plant - Offsites & Utilities (Package 3) Saudi Arabia Eastern Region Gas Gas Field 2,000,000,000 2015-Q3 Construction 2019-Q3

oilandgasmiddleeast.com SEPTEMBER 2019

 PROJECTS

GCC OIL – SEPTEMBER 2019

Project Country City Sector Facility Budget Award Status Completion
Date Date
ADNOC & Al Yasat Petroleum- Bu Haseer Field Development Package
U.A.E. Abu Dhabi Oil, Offshore Oil Field Development 300,000,000 2018-Q2 Construction 2020-Q1
2&3

ADNOC - Haliba Oil Field - Phase 1 U.A.E. Abu Dhabi Oil Oil Field Development 500,000,000 2018-Q1 Commissioning 2020-Q1

ADNOC - Replacement of Flowflines & Wellheads Installation - U.A.E. Abu Dhabi Oil, Pipeline Oil & Gas Field 150,000,000 2019-Q4 EPC ITB 2021-Q1
Overview

ADNOC - Umm Shaif - Long Term Development - Phase 1 U.A.E. Abu Dhabi Oil Oil Field Development 5,000,000,000 2019-Q4 EPC ITB 2023-Q1

ADNOC Distribution - Bateen Executive Airport- Jet Fuel Depot U.A.E. Abu Dhabi Oil Oil Storage Tanks 80,000,000 2017-Q2 Commissioning 2019-Q3

ADNOC Gas Processing- Integrated Gas Development (IGD) -

U.A.E. Abu Dhabi Oil, Gas Gas Production 710,000,000 2014-Q4 Commissioning 2019-Q3
Expansion (Onshore Pipeline)

ADNOC Offshore - Bu Haseer Field U.A.E. Abu Dhabi Oil, Pipeline Pipeline 155,000,000 2016-Q2 Construction 2020-Q1

ADNOC Offshore - Lower Zakum - Oil Lines Replacement (Phase 1) U.A.E. Zakum Oil, Pipeline Pipeline 850,000,000 2014-Q1 Commissioning 2019-Q4

ADNOC Offshore - Nasr Full Field Development - Overview U.A.E. Abu Dhabi Oil, Gas, Offshore Oil Field Development 1,700,000,000 2011-Q4 Construction 2020-Q1

ADNOC Offshore - Nasr Full Field Development - Phase 2 (Package

2 - Platforms) U.A.E. Abu Dhabi Oil Oil Field Development 195,000,000 2014-Q3 Commissioning 2019-Q4

ADNOC Offshore - Nasr Full Field Development - Phase 2 (Package 3) U.A.E. Abu Dhabi Oil Oil Field Development 200,000,000 2015-Q3 Commissioning 2019-Q3

ADNOC Offshore - Umm Al Lulu Field Development - Overview U.A.E. Abu Dhabi Oil Oil Field Development 2,500,000,000 2013-Q2 Commissioning 2019-Q4

ADNOC Offshore - Umm Al Lulu Field Development - Package 2 U.A.E. Abu Dhabi Oil Oil Field Development 1,700,000,000 2013-Q3 Commissioning 2019-Q4

ADNOC Offshore - Umm Shaif Infield Pipelines Replacement U.A.E. Abu Dhabi Oil, Pipeline Oil Field Development 500,000,000 2019-Q4 EPC ITB 2021-Q4

ADNOC Offshore - Upper Zakum Full Field Development - 750 Project - U.A.E. Abu Dhabi Oil, Gas Oil Production 3,840,000,000 2013-Q2 Commissioning 2019-Q4
Surface Facilities - EPC 2

ADNOC Offshore - Zirku Facilities Capacity Enhancement U.A.E. Abu Dhabi Oil Oil Field Development 410,000,000 2018-Q1 Construction 2020-Q4

48 ADNOC Offshore- 750 West Region- Capacity Expansion & Sulphate U.A.E. Abu Dhabi Oil, Gas Sulphur Recovery 300,000,000 2017-Q1 Construction 2020-Q1 48
Reduction Plant- EPC 3
ADNOC Offshore- Nasr Full Field Development - Phase 2 (Package
U.A.E. Nasr Field Oil Oil Field Development 900,000,000 2014-Q3 Construction 2020-Q1
1 - Wellheads and Pipeline)
ADNOC Offshore- Umm Shaif & Zakum - Application of DOF on
U.A.E. Abu Dhabi Oil, Offshore Oil Field Development 120,000,000 2019-Q3 EPC ITB 2022-Q4
Brownfield Towers

ADNOC Onshore - 1.8MBPD Development - Bab Artificial Lift Wells U.A.E. Abu Dhabi Oil Artificial Lift 100,000,000 2019-Q4 EPC ITB 2021-Q3

Engineering &
ADNOC Onshore - Asab Full Field Development II - Overview U.A.E. Abu Dhabi Oil Oil Field Development 450,000,000 2019-Q1 2022-Q1
Procurement
Engineering &
ADNOC Onshore - Asab Full Field Development II - Stage 1 U.A.E. Abu Dhabi Oil Oil Field Development 100,000,000 2019-Q1 2021-Q4
Procurement

ADNOC Onshore - Asab Full Field Development II - Stage 2 U.A.E. Abu Dhabi Oil Oil Field Development 350,000,000 2019-Q4 EPC ITB 2022-Q1

ADNOC Onshore - Bab Sustainable Facilities U.A.E. Bab Oil Pipeline 250,000,000 2019-Q4 EPC ITB 2020-Q4

Engineering &
ADNOC Onshore - Buhasa Integrated Facilities Project U.A.E. Abu Dhabi Oil Oil Production 3,000,000,000 2018-Q4 Procurement
2024-Q1

ADNOC Onshore - Fujairah MOT - Hydraulic Pressure Recovery System

U.A.E. Fujairah Oil Oil Field Development 800,000,000 2019-Q4 On Hold 2023-Q1
Turbine

ADNOC Onshore - Mender Field Development U.A.E. Abu Dhabi Oil Oil Field Development 350,000,000 2015-Q2 Commissioning 2019-Q4

ADNOC Onshore - North East Bab (NEB) - (Al Dabbiya) ASR U.A.E. Abu Dhabi Oil Oil Production 2,500,000,000 2019-Q4 EPC ITB 2023-Q4

ADNOC Onshore- Bab Integrated Facilities Project U.A.E. Bab Oil Oil Field Development 3,000,000,000 2017-Q4 Construction 2020-Q1

ADNOC Onshore- Buhasa- Wellhead Automation U.A.E. Abu Dhabi Oil Oil Field Development 100,000,000 2019-Q4 FEED 2023-Q3

ADNOC Onshore- Qusahwira Field Development - Phase 2 U.A.E. Abu Dhabi Oil Oil Field Development 150,000,000 2019-Q2 Construction 2023-Q3

ADNOC Onshore- Rumaitha, Shanayel and Northeast Bab Tie In U.A.E. Abu Dhabi Oil Oil Field Development 350,000,000 2018-Q4 Construction 2022-Q1

Engineering &
ADNOC Onshore- South East Asset- Tie-in Project (A,B, C & D) U.A.E. Asab Oil Oil Field Development 650,000,000 2015-Q3 Procurement 2024-Q4

ADNOC Refining - Ruwais Complex Upgrade - New Refinery U.A.E. Abu Dhabi Oil, Petrochemicals Refinery 45,000,000,000 2020-Q1 Pre-FEED 2023-Q1

ADNOC Refining- Ruwais- LPG Recovery U.A.E. Abu Dhabi Oil, Refining Crude Oil Distillation Unit 40,000,000 2019-Q4 EPC ITB 2022-Q1

ADNOC Sour Gas - Dalma Field - Onshore Package U.A.E. Abu Dhabi Oil Oil Field Development 750,000,000 2019-Q4 EPC ITB 2023-Q4

SEPTEMBER 2019 oilandgasmiddleeast.com

 PROJECTS

Project Country City Sector Facility Budget Award Date Status Completion
Date
ADNOC Sour Gas - Dalma Field - Overview U.A.E. Abu Dhabi Oil Oil Field Development 2,000,000,000 2020-Q1 EPC ITB 2023-Q4

ADNOC Sour Gas - Hail and Ghasha Megaproject - Package 1 U.A.E. Hail Oil Oil & Gas Field 4,000,000,000 2019-Q4 EPC ITB 2025-Q1

ADNOC Sour Gas - Hail and Ghasha Megaproject - Package 2 U.A.E. Ghasha Oil Oil & Gas Field 3,000,000,000 2020-Q1 EPC ITB 2025-Q1

ADNOC Sour Gas - Hail and Ghasha Megaproject - Package 3 U.A.E. Ghasha Oil Oil & Gas Field 2,000,000,000 2019-Q4 EPC ITB 2025-Q1

ADNOC Sour Gas - Hail and Ghasha Megaproject - Package 4 U.A.E. Ghasha Oil Oil & Gas Field 6,000,000,000 2019-Q4 EPC ITB 2025-Q1

ADNOC Sour Gas- Hail and Ghasha Megaproject - Overview U.A.E. Abu Dhabi Oil Oil & Gas Field 15,000,000,000 2019-Q4 EPC ITB 2025-Q1

ADNOC- Dalma Field - Offshore Package U.A.E. Abu Dhabi Oil Oil Field Development 750,000,000 2019-Q4 EPC ITB 2023-Q4

ADNOC- Fujairah- Mandous Field U.A.E. Fujairah Oil Oil Storage Tanks 2,200,000,000 2017-Q4 Construction 2023-Q4

ADOC - Hail Oil Field - Water Injection System U.A.E. Abu Dhabi Oil Water Injection 200,000,000 2020-Q1 EPC ITB 2022-Q1

ADPC - Fujairah Port Expansion - Container Terminal U.A.E. Fujairah Oil, Infrastructure Oil Storage Terminal 60,000,000 2018-Q4 Construction 2020-Q4

ADPC - Fujairah Port Expansion - Overview U.A.E. Fujairah Oil, Infrastructure Oil Storage Terminal 180,000,000 2017-Q3 Construction 2021-Q1

Al Yasat Petroleum- Belbazem Oil Field U.A.E. Abu Dhabi Oil, Offshore Oil Field Development 1,000,000,000 2019-Q4 FEED 2023-Q1

Aramco - Berri - Gas-Oil Separation Plant Expansion Saudi Arabia Berri Oil GOSP 1,700,000,000 2019-Q2 EPC ITB 2022-Q4

Engineering &
Bapco - Offshore Blocks Exploration Bahrain Various Oil, Gas, Offshore Exploration 80,000,000 2018-Q2 2022-Q1
Procurement

BPGIC - Fujairah Oil Terminal - Marine Bunkering U.A.E. Fujairah Oil Oil Storage Terminal 200,000,000 2019-Q4 FEED 2020-Q4

BPGIC- Fujairah Oil Terminal- Phase 2 U.A.E. Fujairah Oil Oil Storage Terminal 200,000,000 2018-Q3 Construction 2020-Q1

DRPIC - Duqm Refinery & Petrochemical Complex - Duqm Refinery - Oman Duqm Oil, Refining Refinery 4,000,000,000 2017-Q3 Construction 2022-Q3
Main Process Units
DRPIC - Duqm Refinery & Petrochemical Complex - Duqm Refinery - 49
Oman Duqm Oil, Refining Refinery 2,000,000,000 2017-Q3 Construction 2022-Q3
Offsites and Utilities
DRPIC - Duqm Refinery & Petrochemical Complex - Duqm Refinery
Oman Duqm Oil, Refining Refinery 7,700,000,000 2017-Q3 Construction 2022-Q3
- Overview
DRPIC - Duqm Refinery & Petrochemical Complex - Duqm Refinery
Oman Duqm Oil Oil Storage Terminal 800,000,000 2017-Q3 Construction 2022-Q3
- Package 3

Duqm Development Company - Duqm Frontier Town - Phase II Oman Duqm Oil, Construction Residential Development 120,000,000 2020-Q4 Design 2023-Q4

Duqm Petroleum Terminal Company - Duqm Liquid Jetty (IP7) Oman Duqm Oil Oil Storage Terminal 600,000,000 2017-Q1 Construction 2019-Q4

Engineering &
ENI - Block 47 Onshore Exploration and Production Oman Northern Oman Oil Exploration 40,000,000 2019-Q1 Procurement 2023-Q1

Florexx International Investments - Biofuels Refinery Oman Sohar Oil Biofuels 800,000,000 2019-Q3 FEED 2021-Q3

Hydrocarbon Finder - Block 7 Onshore Exploration and Production Oman Al Wusta Oil Exploration 160,000,000 2016-Q1 Construction 2023-Q1

IL&FS Prime Terminals FZC- Fujairah Oil Terminals- Phase 2 U.A.E. Fujairah Oil Oil Storage Terminal 80,000,000 2019-Q4 EPC ITB 2022-Q2

KNPC - Ahmadi Depot Expansion Kuwait Ahmadi Oil Oil Storage Tanks 214,000,000 2014-Q3 Construction 2019-Q3

Northern
KNPC - New Local Marketing Depot At Matlaa Area Kuwait Oil Oil Storage Tanks 1,320,000,000 2020-Q1 FEED 2022-Q1
Kuwait
KOC - Installation Of New Desalter Train At GC-9, GC-10, GC-19 & Engineering &
Kuwait Various Oil, Refining Crude Oil Distillation Unit 250,000,000 2018-Q4 2020-Q4
GS-21 Procurement

KOC - Jurassic Production Facilities Off-Plot Works Kuwait Northern Oil Oil Field Development 300,000,000 2016-Q4 Construction 2019-Q3
Kuwait
Northern
KOC - Jurassic Production Facility (JPF) - JPF-4 and JPF-5 Kuwait Oil, Gas Oil & Gas Field 700,000,000 2019-Q3 FEED 2020-Q2
Kuwait
Engineering &
KOC - Kuwait Bay Exploration Kuwait Various Oil, Offshore Exploration 904,500,000 2019-Q3 2022-Q1
Procurement
Northern
KOC - New 48'' Crude Transit Line From North Kuwait To CMM (TL-5) Kuwait Oil, Pipeline Pipeline 270,000,000 2017-Q3 Construction 2019-Q3
Kuwait
Northern
KOC - Ratqa Lower Fars Heavy Oil Development - Phase 1 Kuwait Oil Steam Injection 4,300,000,000 2015-Q1 Construction 2019-Q3
Kuwait
Southeast
KOC - Wara Pressure Maintenance Project - Train 3 Kuwait Oil Oil Field Development 500,000,000 2017-Q2 Construction 2020-Q4
Kuwait

Source: dmsprojects.net
Note : The above information is the sole property of DMS Projects. Budget figures are shown as US $ values.

oilandgasmiddleeast.com SEPTEMBER 2019

 FIVE MINUTES WITH

FIVE
MINUTES
CHURCHILL DRILLING TOOLS WITH...
This month, we put Churchill Drilling Tools in the hot seat for a
quick-fire round of questions

0:01 Where do you see the greatest opportunity in your segment?

ABOUT THE INTERVIEWEE:
Nicholas Kjaer is the general manager of
Churchill Drilling Tools, Middle East & Asia.
Our success, track record and growing reputation are opening doors across
the region. With growing demand, we expect to establish bases in new Middle
Eastern territories in the next 6-12 months. Across our products, our greatest
opportunity is leveraging the success of our HyPR HoleSaver™ tool. The
technology is designed to enable operators to safely and quickly sever their
drill-string and recover from stuck pipe. This year we have seen three Middle
East operators successfully sever their drill-string using the tool.

A TEAM OF ONE HAS GROWN

0:31
What are operators looking for?
Operators are looking for products that improve
TO 17 AND OPERATORS HAVE
performance and can be relied upon. Reflecting
the core Churchill values of simplicity, reliability
EMBRACED OUR TECHNOLOGY
and durability, the quality and performance WITH AN APPETITE THAT WE
of our products is unrivalled. Our track record proves that our technology COULD NOT HAVE PREDICTED. THE
50 enables operators to save time, cut costs and improve performance. In CHALLENGE IS TO ENSURE OUR
addition, I believe that the partnership approach we adopt with our clients SUCCESS REMAINS SUSTAINABLE.
is a significant factor in our success. We aim to become operators’ most

4:22
valuable partner and an extension of their drilling teams.

1.
Has business changed?
Although we are at the
forefront of our market and
operators in the Middle
approach, operators have approached
us to engineer a technical solution to
a downhole challenge. For instance,
following a recent request from a major What are your focus areas going forth?

3 East have welcomed our

introduction, there are
many instances where,
Middle Eastern client, in the space of
just two/three months, we’ve designed,
engineered, manufactured and tested
Our aim is to keep bringing innovative and
unique technology to the market, enabling
operators to harness the power of circula-

7
with our help, a client
will drive a solution. As a
result of our partnership
a bespoke float solution. The client is
delighted with the product, and it has
now become a standard for them.
2:16
tion, reducing operational downtime and
optimising performance. In the shorter term,
our focus remains on expanding our pres-
ence across the Middle East. Central to that
strategy will be the HyPR HoleSaver. Interest

What were the key challenges and opportunities in the past year? in the tool is overwhelming, even more so
We’ve enjoyed exceptional success in the Middle East since we launched after a client severed its string using the tool
in 2016. A team of one has grown to 17 and operators have embraced in just an hour, which we believe is a world
our technology with an appetite that we could not have predicted. The record. Described by one client as ‘revolu-
challenge is to ensure our success remains sustainable. In the Middle tionary’ and another as a ‘game changer for
East, we’ve grown to the extent that we recently invested in establishing managing stuck pipe’, we are excited about
a manufacturing function at our Abu Dhabi base. Until recently, product prospects for the HyPR. And with ADIPEC
manufacturing was managed by our colleagues in the UK. Complicated just around the corner, it’s the ideal platform
logistics, as well as extra costs involved in shipping an ever-increasing to showcase the tool’s simplicity and time
volume of tools to the Middle East was impacting our progress. saving benefits.

SEPTEMBER 2019 oilandgasmiddleeast.com

DELIVERING
VALUE AT
EVERY TURN.
PIONEERING TECHNOLOGY BY
UNDERSTANDING THE VALUE OF A
PROPERLY ENGINEERED SOLUTION
As the world’s drilling waste specialist, we deliver the
solution to your costly supply chain and logistics expenditure
that helps you maximise the value of your operation. We also
bring safety leadership, with HSEQ distinction, that supports
your wellsite operations and drives improved processes.
Through partnership and local support,
we drill down the total cost of your operation.

Our Stay Safe Programme has been shortlisted for the

2019 Middle East Energy Awards in the HSE Initiative
of the Year category. #")*-()2019

Talk to your specialist

sales@twma.co.uk
Tel: +971-2-6216380
TWMA
twma.co.uk The world’s drilling waste specialist.