EIC Monthly News February 2014
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www.the-eic.com
The EIC Chief Executive
The Chief Executive
The Chief Executive
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Welcome to the February edition of the Monthly News.
Sector Analysis
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Firstly, I am delighted to announce that the EIC will be relocating its Asia Pacific office to Kuala Lumpur in the summer, following discussions with members, UKTI and various government bodies.
EIC Monitor
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New EIC Members
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Member News
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Kuala Lumpur is fast becoming a global hotbed for the oil and gas industry, home to many major global and national operators and contractors, and at the heart of the Malaysian Government’s Economic Transformation Programme. Malaysia aims to be the number one oil and gas hub in Asia Pacific by 2017, taking advantage of its strategic location at the centre of a major energy supply region, close to key shipping routes and the major fabrication yards of southeast Asia. The EIC hub in Kuala Lumpur will provide members with the opportunity to be at the centre of the country’s plans to progress development in the oil and gas industry and will offer a more cost-effective base from which to target the many lucrative opportunities that Malaysia, and the broader Asia Pacific region, provides. One of these areas is Australia, where a boom in LNG developments has proffered an abundance of supply chain opportunities over the last decade. The EIC will once again host the UK National Pavilion (Stand 030) at the Australasian Oil & Gas Exhibition from 19-21 February, taking 22 companies to showcase their goods and services. The EIC will also be taking an Overseas Delegation to Malaysia in March which will take place the week before the new OTC Asia which is being held in Kuala Lumpur from 25-28 March. Spring 2014 will be a busy time for EIC Overseas Delegations, as we not only have the Kuala Lumpur delegation in March but also planned visits to Azerbaijan and Brazil; Libya and Angola in May; and Peru, Kurdistan, Canada and Vietnam in June.
Contents
Training Services
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Events Diary
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Overseas Delegations
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Middle East News
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National Events
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UK News
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Asia Pacific News
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China News
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North America News
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South America News
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EIC’s Overseas Delegations have proved to be a very successful route to market, bringing suppliers face-to-face with industry leaders to seek out opportunities and strengthen existing business relationships. For more information or to book a place please visit: www.the-eic.com/events Here in the UK, following the successful introduction of the EIC Award for Supply Chain Excellence last year, I am pleased to announce the launch of the 2014 award. The award is a prestigious accolade that recognises an EIC member organisation that has demonstrated superiority within the supply chain. Last years’ winner, Lloyd’s Register, has been taking full advantage of its prize, which is a valuable package of benefits assisting them to raise their profile within the highly competitive energy industry so I encourage members to consider submitting an entry. The winner of the award will be announced at the EIC National Dinner at the Natural History Museum on 16 October 2014. You can find out more or submit an entry via the website: www.the-eic.com/award Following a hugely successful event in 2012, EIC Connect Oil & Gas will return to Manchester on 25-26 November 2014 for what promises to be the biggest EIC Connect event to date. Major oil and gas operators and contractors have been invited to speak at the event and the speaker programme will be announced shortly. Many EIC member companies have already signed up to exhibit at the event to showcase their products and capabilities to the speaker companies and delegates. 60% of the exhibition stands are already sold, so if you would like to find out more about this fantastic opportunity, please contact the National Events team at: charmaine.atkinson@the-eic.com Wishing you all continued success in 2014. Claire Miller, Chief Executive www.the-eic.com
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February 2014
EIC Sector Analysis
Sector Analysis
2006 the UN Security Council started to impose sanctions because of Iran’s uranium enrichment programme. These sanctions put Iran’s oil and gas dominated economy under increasing pressure. The western oil majors which continued to operate in Iran despite the US sanctions gradually left the country as the sanctions became stricter and more comprehensive and also because of the unattractive terms of the oil and gas contracts. Due to the recent US financial sanctions and an oil export ban to the EU, Iran’s oil exports dropped from 2.5 million bbl/d in 2011 to 1.1 million bbl/d in 2012. Several oil and gas projects cannot move forward due to lack of funds, critical equipment, technology and expertise. The National Iranian Oil Company (NIOC) has mentioned several times that the company’s priority is completing existing projects rather than starting new ones. It is estimated that Iran needs somewhere between US$50 to US$100 billion of outside investment for the oil and gas sector. Currently there are some Asian companies, mainly Chinese, active in the sector. Apart from this Asian presence, it is local companies that dominate the sector because of the sanctions. Iran’s Revolutionary Guard, also known as Iranian Revolutionary Guard Corps (IRGC), was established in the late seventies as an army responsible for protecting the Islamic system. Over time it also became involved in the energy industry, infrastructure and trade, and has developed into a large conglomerate. One of its affiliate companies, Khatam Al-Anbia has been awarded many lucrative contracts related to projects in oil and gas and infrastructure. In 2006 Khatam Al-Anbia was awarded a US$2.3 billion contract to develop South Pars Phases 15/16, and the company is also involved in the development of phases 22-24. In 2010 the same company was awarded a US$200 million pipeline contract. However, the company’s ability to execute the complex level of work and deliver these facilities is questioned not only in the international community but within Iran itself. Since the latest agreement has been announced several oil majors have said they would be happy to go back to Iran should the sanctions be lifted. It has been reported in the press that executives from OMV, Shell and ENI have met with Iranian officials on different occasions. Oil majors and Iran are well aware that things won’t move forward at this stage and Iran’s opening to the international oil and gas markets may take a while as the talks on lifting sanctions have only just begun. However it should be noted that the time between the Geneva agreement being signed and the writing of this article, the Iranian party has already left the follow-up talks once because the US announced that it has added more names and companies to the US sanction blacklist. Everyone who has an interest in working in Iran needs to realise that this deal is a positive step forward; however there is still a long way to go. In the meantime the industry players have plenty on the go with pursuing global opportunities in the shale gas revolution, enhanced oil recovery for many fields, and exploring new frontiers. Ceyda Celik Conroy Regional Analyst (Middle East) Tel +9714 299 3945 Email ceyda.conroy@the-eic.com
Iran’s nuclear deal: A step in the right direction It has been widely reported that an interim agreement was signed in Geneva in late November 2013 between Iran and the so called P5+1 countries, which includes the five permanent members of the UN Security Council; USA, Russia, China, UK, France and Germany. The ground-breaking deal in a nutshell is that Iran will agree to curb its nuclear activities and in return will receive around US$4 billion of oil revenue funds released from frozen accounts as well as having certain restrictions on trade in petrochemicals exports, gold, precious metals and the automotive sector suspended. Even though this temporary deal is only providing partial relief from sanctions, it generated a huge wave of optimism within the international business community. After the announcement, the benchmark Brent crude oil price dropped by US$2.29 to US$108.76. One can argue that this optimism is more about this agreement being seen as the beginning of a more long-term collaboration between two parties. Considering some time ago discussions between them would have been considered almost impossible, the fact that they have agreed that they will now work towards a permanent and more comprehensive agreement in 2014, can perhaps be interpreted as another reason behind this positivity. According to a statement from the White House, the total relief package is worth around US$7 billion. The statement also declares that Iran has nearly US$100 billion in foreign exchange holdings that are currently suspended in overseas banks. This is due to the fact that repatriation of oil earnings to Iran is banned and payments can only be made to a bank in a customer’s country. Apart from the nuclear deal, there have been some other positive developments in Iran. The newly elected president, Hassan Rouhani, is deemed as a moderate politician who is open to dialogue with the West. Likewise the new oil minister, Bijan Namdar Zangeh, who was the oil minister for eight years with the reformist government prior to Ahmedinejad’s presidency, is keen to open up Iran’s oil and gas markets to foreign companies. Mr Zangeh is well aware that the country needs the knowhow and technology of international companies to develop the projects which will enable Iran to raise production and exports. In an effort to attract foreign companies, the oil ministry is working on changing the terms for the oil contracts by replacing the unpopular buy-back system with new service contracts. It is not clear what these contracts will offer, but some reports suggested that product sharing agreements are categorically rejected by the minister. According to the BP Statistical Review 2013, Iran has the world’s largest proven gas reserves and fourth largest proven oil reserves. Following the revolution in 1979, the US started to impose sanctions and then expanded them in 1995. In www.the-eic.com
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February 2014
EIC Monitor
EIC Monitor
Claire Miller, EIC Chief Executive, commented: “Overall, figures this quarter indicate that project activity in the energy industry has contracted with a 21% decrease in the number of new projects compared to the third quarter of 2013, along with a significant reduction in investment. Despite lower investment, taken in the broader context of the last six months, project numbers have returned to similar levels found in Q2 2013 following a sharp rise in activity in Q3 2013.”
The latest EIC Monitor report shows a slowdown in both the volume of projects and investment across the global energy project landscape in Q4 2013, with overall figures showing a contraction in potential investment since the last quarter. Global energy project activity has slowed during the last quarter (Q4: October-December 2013), dropping to 412 projects, a significant 21% decrease compared to Q3 2013, but a small 2% increase on Q4 2012, while the total potential investment value of US$222.3 billion has almost halved on the last quarter, decreasing by 48%.
Summary of Q4 2013 new projects by number and value The graphs below show the total number and value of new projects across the global energy supply chain for Q3 2013 and the previous four quarters.
tracks nearly 10,000 projects proposed or under development in the global energy industry and provides a barometer, broken down into oil and gas (upstream, midstream, downstream), renewables, and the nuclear and conventional power sectors. Data is analysed by the number and value of new (both active and proposed) projects recorded by the EIC each quarter. Key highlights of Q4 2013 report 1 October-31 December • Overall this quarter, there were 412 new projects announced across the global energy supply chain with an estimated total value of US$222.3 billion, compared to 524 in Q3 2013 totalling US$424.5 billion and 405 new projects in Q4 2012 worth US$292.8 billion. • The upstream sector has seen a decrease of 25% in the total number of new projects proposed this quarter, falling to 50 projects from 67 projects last quarter, with a 36% decrease in the total potential investment value of new project announcements since Q3 2013. • In the midstream sector there has been a 31% decrease in the total potential investment value of new projects in Q4 2013, dropping to US$42 billion from US$60 billion in Q3 2013 with a small 2% decrease in the number of new projects announced. • In the downstream sector, the number of new projects has decreased by 30% since Q3 2013, and the total potential investment value has decreased 34% from US$132.7 billion in Q3 2013 to US$87 billion in Q4 2013. • The renewables sector has seen a 20% decrease in the total number of new projects this quarter, falling to 122 projects from 153 projects last quarter, with a 55% decrease in the total potential investment value of new project announcements since Q3 2013.
In nearly all cases newly proposed projects must first undergo various planning and consent approvals which may take several years. Also, early stage proposals do not necessarily have financing agreed and in place. Thus there will always be a proportion of projects that do not gain consent and/or finance.
• In the power sector, the number of new projects has decreased by 23% in the last quarter, and there has been a decrease of 67% in the total potential investment value of new projects in Q4 2013, dropping to US$44 billion from US$134 billion in Q4 2013.
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energizing your business 4
February 2014
EIC Monitor
Analysis by Sector Upstream • There have been 50 new projects in the upstream sector totalling US$17.3 billion in Q4 2013. In comparison there were: • 67 new projects totalling US$26.9 billion in Q3 2013. • 71 new projects totalling US$45.7 billion in Q4 2012. • The hotspots of activity this quarter were Canada, China and Argentina, together accounting for almost half of the total potential investment value in this sector. In Canada, there were five oil sands related projects worth a total potential investment of US$5.8 billion, while activity in Argentina and China was dominated by onshore unconventional oil and gas projects. Midstream • There have been 64 new projects in the midstream sector totalling US$41.6 billion in Q4 2013. In comparison there were: • 65 new projects totalling US$60 billion in Q3 2013. • 69 new projects totalling US$56.6 billion in Q4 2012. • The USA, Canada and Mexico are hotspots of activity in the midstream sector, with a combined total of 34 projects worth a potential investment value of US$17 billion. The largest project this quarter is the planned US$10 billion 15 mtpa Vassilikos LNG export plant in Cyprus, proposed by Noble Energy for completion in 2020. Downstream • There have been 91 new projects in the downstream sector totalling US$87.2 billion in Q4 2013. In comparison there were: • 129 new projects totalling US$132.7 billion in Q3 2013. • 36 new projects totalling US$44.6 billion in Q4 2012. • The hotspots of activity this quarter were the USA, China and Iraq, together accounting for more than a third of the total potential investment value in this sector. The highest value project this quarter is the proposed US$17 billion Baku refinery and petrochemical project in Baku, Azerbaijan, where SOCAR plans to build a 10 mtpa refinery and a 1.7 mtpa petrochemical complex, along with other smaller plant. Renewables • There have been 122 new projects in the renewables sector totalling US$32 billion in Q4 2013. In comparison there were: • 153 new projects totalling US$70.8 billion in Q3 2013. • 135 new projects totalling US$87.4 billion in Q4 2012. • The USA, UK and Ethiopia were hotspots of activity this quarter, with a combined total of 52 projects worth a potential investment value of US$12.2 billion. The largest project this quarter is the proposed US$4 billion Corbetti geothermal power plant, with a capacity of 1GW, planned for the Corbetti Caldera in the Rift Valley, Ethiopia. Power • There have been 85 new projects in the power sector totalling US$44 billion in Q4 2013. In comparison there were: • 110 new projects totalling US$134 billion in Q3 2013. • 93 new projects totalling US$58.4 billion in Q4 2012. • The hotspots of activity this quarter were the UK, Brazil and the USA, where a total of 23 projects were announced with a combined total potential investment value of US$16 billion. There was however a broad geographical spread of activity in this quarter and high capital projects were announced in Qatar, Kenya, Iran, Germany and Chile. www.the-eic.com
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February 2014
New EIC Members
New EIC Members
New Primary Member
FrontierMEDEX
New Primary Member
Building 8 Vantage Point Business Village Mitcheldean Gloucestershire GL17 0DD Tel +44 (0)1594 545 100 Fax +44 (0)1594 545 101 Email laura.cullimore@frontiermedex.com Web www.frontiermedex.com
Advanced Actuators Ltd Unit 4 Ryefield Way Silsden Bradford West Yorkshire BD20 0EF Tel +44 (0)8707 576 664 Fax +44 (0)8707 576 665 Email chris@advanced-actuators.com Web www.advanced-actuators.com
The Nominated Representative is Ms Laura Cullimore, Insight Manager. FrontierMEDEX provides medical support and training in remote locations across the world. On the ground, and in real terms, it provides the very highest levels of individual, localised care, delivered on a global scale, significantly increasing individual well-being and organisational productivity. This also significantly reduces the prohibitive costs of accidents in terms of injury management, downtime and reputational damage. FrontierMEDEX’s health and safety solutions enable clients to navigate the international health and safety landscape effectively and efficiently, guiding best practices and working to create the safest work environments in some of the world’s most dangerous and harsh locations.
The Nominated Representative is Mr Chris Woodhead, Director. Advanced Actuators Ltd has over 40 years experience in actuator and control solutions, serving the oil and gas, power generation and nuclear markets. The complete product portfolio includes hydraulic, electric and pneumatic actuators, constructed in linear, stepping or rotary formats. Linear thrusts 250Kg up to 130,000Kg and rotary torques from 30Nm up to 1,200,000Nm. A multi-disciplined team with specialist knowledge in actuation and controls utilise the latest technically advanced equipment to design and build the optimum package to suit customer’s specifications. A global distributor network offers strong support to customers including onsite service and commissioning.
New Primary Member
Haden Freeman Ltd Freeman House Orbital 24, Oldham Street Manchester M34 3SU Tel +44 (0)161 304 5900 Fax +44 (0)161 304 5901 Email dcammack@hadenfreeman.com Web www.hadenfreeman.com
New Global Member
Cargostore International Ltd The Old Exchange 12 Compton Road Wimbledon London SW19 7QD Tel +44 (0)20 8879 1900 Fax +44 (0)20 8879 0060 Email tu@cargostore.com Web www.cargostore.com
The Nominated Representative is Mr Duncan Cammack, Key Account Manager. Haden Freeman Ltd is a privately owned, medium sized company offering the full range of integrated design engineering and project management services and has vast experience in the majority of industries. It has been operating for 28 years and has approximately 150 staff and can help with projects at a few thousand pounds up to £30m. Haden Freeman Ltd has all of the appropriate project disciplines in-house and safety consultancy services as required. It is based in Manchester but also has offices in Southampton, Teesside and Qatar.
The Nominated Representative is Ms Tracy Underwood, Customer Services Manager. Cargostore International Ltd supplies cargo carrying units for rental and purchase on a worldwide basis. Its leasing services range from short term, one-way trips to long term hire. At a growing number of strategically located terminals, Cargostore International Ltd stocks a full range of cargo carrying units, containers and baskets specifically designed, built and certified to DNV 2.7-1 standard. Many models are both DNV certified and built to ISO specifications giving them total flexibility in both offshore and onshore deployment. Conversions and bespoke modelling including accommodation modules can be carried out to clients’ exact specifications. www.the-eic.com
New Global Member
Hummel Ltd
Enterprise Way Lowton, Warrington Greater Manchester WA3 2BP Tel +44 (0)1942 605 695 Fax +44 (0)1942 672 027 Email s.kelly@hummel.com Web www.hummel.com 6
February 2014
New EIC Members The Nominated Representative is Mr Steve Kelly, Managing Director. Hummel carries over 60 years of experience in producing and designing high performance cable management products. Hummel produces both industrial and flameproof cable glands, metal circular connectors, box enclosures in all materials and bespoke finishes, specialised turned metal parts, hot runner moulding temperature controllers and touch panels. Operating from its impressive HQ in the Black Forest of Germany, Hummel can offer premium products that are able to withstand the demands of the oil and gas industries. Indeed all energy sectors are able to benefit from its superb and extensive range of products. With state of the art CAD and in-house design facilities Hummel can offer customers both standard and bespoke solutions. All of the Hummel products are certified to the very latest standards and incorporate many features to ease installation. Hummel promotes the brand via its extensive global coverage of Hummel locations and strategic distributors.
safety, transportation, oil and gas, mining, utilities, business, industrial and other commercial sectors. Its complete critical communications solution encompasses rugged and reliable radios, a network that’s solid, powerful and easy to deploy, applications to boost organisational efficiency and one of the broadest ranges of support tools and accessories on the market. All products are designed to operate on TETRA communication infrastructure, giving flexibility and ensured compatibility with existing TETRA systems.
New Global Member
The Nominated Representative is Mr Brendan Bonner, Sales Manager. SKF is a leading global technology provider. Its fundamental strength is the ability to continuously develop new technologies. With 100+ years of rotating machinery expertise, SKF has been supporting equipment performance and reliability in power generation facilities for well over two decades. Today SKF offers a range of integrated solutions that can help plants: increase production; optimise maintenance; extend service life; improve safety and reduce operating costs.
New Primary Member
SKF (UK) Ltd
Wellheads Road, Farburn Industrial Estate Dyce, Aberdeen AB21 7HG Tel +44 (0)1224 723 321 Fax +44 (0)1224 745 141 Email brendan.bonner@skf.com Web www.skf.com
Land & Marine Engineering Ltd Dock Road North Bromborough, Wirral Merseyside CH62 4LN Tel +44 (0)151 641 5600 Fax +44 (0)151 644 9990 Email tim.ley@landandmarine.com Web www.landandmarine.com
New Global Member
The Nominated Representative is Mr Tim Ley, Technical Manager. For the last 60 years, the company has built an international reputation for the construction of marine pipelines, landfills and crossings, intakes and outfalls, also providing horizontal directional drilling and engineering services. Land & Marine constructs aviation refuelling terminals and hydrants and the company’s TankServTM division specialises in the site construction of storage tanks, manufactures and distributes seals, domes and floating covers and its industrial division offers mechanical services for the energy generation, natural gas and cryogenic gas installations and process plant; services backed with specialist pipework fabrication facilities. Civil engineering skills focus on the rehabilitation of strategic water trunk mains. Land and Marine Engineering Ltd is a wholly owned subsidiary of J Murphy & Sons Ltd.
Survitec Service & Distribution Ltd Survitec House, Kirkton Drive Dyce, Aberdeen AB21 0BG Tel +44 (0)1224 214 444 Fax +44 (0)1224 214 446 Email kevin.laing@survitecgroup.com Web www.survitecgroup.com The Nominated Representative is Mr Kevin Laing, Head of Sales - Oil & Gas. Survitec Group commands market-leading positions worldwide in offshore, marine, defence and aerospace survival technology. Bringing together best-in-class brands with reputations for quality, design and innovation including RFD, DSB, Beaufort, SurvitecZodiac, Shark and Crewsaver, Survitec has unrivalled expertise and knowledge which it uses to provide advanced, intelligent products to customers who demand the best from its survival equipment. Whether lifesaving equipment such as marine and aviation liferafts, ensuring the rapid and safe evacuation of offshore personnel with mass evacuation systems, protecting aircrew and passengers travelling over water with Survitec’s range of oil and gas immersion suits, ensuring mission success with the new generation pilot flight equipment (anti-G suits) for Typhoon and JSF; or providing a rapid response humanitarian relief with rapid deployment shelters for housing victims of major disasters, customers can be assured of high quality products and a full support service.
New Global Member
Sepura Plc
Radio House, St Andrew’s Road Cambridge CB4 1GR Tel +44 (0)1223 876 000 Fax +44 (0)1223 879 000 Email david.sage@sepura.com Web www.sepura.com The Nominated Representative is Mr David Sage, Sector Solutions Manager. Sepura is a global leader in the design, manufacture and supply of TETRA radios, systems and applications. Sepura provides specialist solutions for the public www.the-eic.com
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February 2014
EIC Member News
Member News Siemens
Alstom has signed a contract to supply additional equipment to the Santo Antonio hydro plant, in Brazil, complementing the current project. Alstom will supply two more Bulb turbines, four generators, two speed governors, two excitation systems and six bus bars. IMMA, a joint venture between Alstom and Bardella, will also be responsible for 100% of the hydromechanical and lifting equipment. Alstom’s scope in the project is worth US$109 million. Located in Madeira River, in the north of Brazil, Santo Antonio is one of the largest hydro plants in the country and will generate enough energy for 44 million people. The equipment will improve the power production of the plant by 417MW, achieving 3.6MW for the entire project. The new equipment will be produced at the Taubaté unit which is one of the biggest Alstom hydro factories. This new part of the project will be concluded in December 2016. Alstom signed its first contract for the Santo Antonio hydro plant in 2008 with a scope of 19 turbines and 22 generators as well as the IMMA scope of 100% of the hydromechanical and lifting equipment. 40% of this first scope is already concluded and successfully operating. Alstom Bulb units provide an efficient solution when faced with heads of up to 30 metres. With more than 300 Bulbs installed worldwide, Alstom has outstanding knowledge and experience in design, manufacturing, installation, commissioning and management of complex Bulb projects, whatever the environmental conditions. With more than 100 years of experience in this market, Alstom hydro turbines and generators installed worldwide represent more than 25% of total hydro power capacity. Alstom has been present in Brazil for 60 years and is responsible for almost 30% of the power generation market in the country. For more information please visit: www.alstom.com
Capula has won an award from global technology company Siemens for its work on power generation projects. Siemens has named Capula its ‘Best Process Partner 2013’ for consistently demonstrating high quality work, installing the Siemens PCS7 control system at a wide variety of power plants, including a biomass plant in Bagnolo, Italy. The award highlights the work undertaken by solution partners for Siemens and is judged by a series of criteria, including project complexity, customer interaction, working partnership with Siemens, quality of project delivery, project commercial factors and technical competence of staff. Malcolm Todd, Solution Partner Manager, Siemens, said: “Before selecting a winner for this award, we take feedback from a variety of sources to get a good picture of who is working well with us and our end customers. We are pleased to recognise Capula with this award as an example of best practice in several areas.” Simon Coombs, Business Development Director, Capula, said: “As an independent systems integrator, we are delighted to receive this award from Siemens – it reflects highly on our knowledge of its technology, our expertise using it and the quality of training we provide to our staff in maintaining these levels of competency. “Capula has an excellent, long-standing relationship with Siemens, working on over 20 projects with the company during the past 15 years, such as an energy from waste gasification plant in Plymouth, as well as at the mechanical biological treatment plants in Leyland and Thornton, in Lancashire.” For more information please visit: www.capula.co.uk
Alstom
CG Power Solutions has opened its fourth office in the UK, at Stafford, complementing its existing offices in Hazel Grove, Stockport, Jarrow, Tyne and Wear and Inchinnan, Renfrewshire. The new office will support CG’s growing client base in the UK, which includes power utilities, renewables, rail and industry customers such as E.ON, SPEN, UKPN, DP World, National Grid and the UK distribution network operators.
To submit articles to the Member News section, please send no more than 300 words, and a good quality photograph (minimum 300 dpi) to richard.cheatle@the-eic.com or newsdesk@the-eic.com. Copy deadline is the first of the month for the following month – ie by 3 March for the April issue. www.the-eic.com
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February 2014
EIC Member News This new office will conduct sales support, project management, design and engineering. The company has a range of products in its manufacturing portfolio and this office will deploy those products through systems engineered and project managed solutions. Specific areas of expertise are in transmission and distribution power products, automation, oil and gas, and industry motors and drives solutions. CG also has a strong industrial portfolio which could benefit UK companies. Stafford is home to the computer science and IT campus of Staffordshire University. CG will tap both the young and the skilled and experienced workforce in this area. The new office will lead to the creation of jobs and in the longer term will provide training and development possibilities, as well as apprenticeship opportunities for young engineers. CG has been present in the UK since 1999, and will build on the company’s existing sales office in the town. Mark Wetton, Regional VP, Avantha Group Company CG, EMEA, said: “We have chosen Stafford for our new UK office because it has a long-established and successful engineering tradition in high voltage power, transmission and distribution grid systems. This aligns very well with our growth plans for the UK. The UK is a significant opportunity for CG, considering the large investments announced in the National Grid transmission and distribution infrastructure, power generation from renewable sources, and the country’s rail network. I believe that the Stafford office will help us better meet the needs of our UK customers, while enabling us to accelerate our growth plans here.” For more information please visit: www.cgglobal.co.uk
them to make more informed decisions about managing their assets, whether through replacement or smarter maintenance. The CableData Collector™ provides a solution to the damaging potential issue of power outage resulting from PD and is a non-intrusive and low cost way to maintain assets.” The CableData Collector™ is able to record PD activity through the use of the CableData Analysis Studio™. Sold separately, the software produces reports showing the severity of PD activity and supplies information on the condition of assets on which to base failure risk assessment and decisions on remedial action or replacement. To find out more about the CableData Collector™ or to watch the video, please visit: http:// www.eatechnology.com/instruments/partial-dischargeinstruments/cabledata-collector
Power management company Eaton has launched a new and greatly enhanced website that makes it easier than ever to find key information about the company’s wide range of products and services, as well as about the company itself. With contractors having limited amount of time to search for up to date information, the new Eaton website has been specifically designed to make it as user friendly as possible. Visit: www.eaton.uk.com/electrical The new website has home-page features that include hot buttons to provide instant access to topics and product ranges that are of particular current interest, a live Twitter feed and a news ticker that shows the latest Eaton news updates in real time. Additionally, the homepage also features hot links to the most frequently used areas of the site, including the literature library, after-sales support services, find a local distributor and the mobile applications download page. Eaton’s new site provides fast and easy access to product information, which is organised both by industry sector and by application area. Other sections of the site offer users access to up-to-the-minute case studies, to invaluable information about the principal markets in which Eaton operates, and to a useful overview of the company’s structure and policies. A contact information page is also provided, which gives telephone numbers, fax numbers and email addresses for customer support, technical support and other services. Karen Shaw, Marketing Communications Manager, Eaton, said: “In redesigning our website, we’ve worked very hard to provide comprehensive coverage of the vast range of products and services Eaton has to offer, while also ensuring that site users can find the information they need easily and with as few mouse clicks as possible. Initial response to the new site suggests that we’ve achieved these objectives, and we hope that all of our customers, new and old, will find the site convenient and enjoyable to use.” To complement its new website, Eaton has posted a web-based video that gives full details of its exciting new Experience Centre in Manchester. This informative video can be accessed at: http://bit.ly/ExperienceCentreVideo
New equipment to detect Partial Discharge (PD) in live electrical cables before they fail has been unveiled by EA Technology. Developed by the UK based firm, the CableData Collector™ will enable electrical engineers to identify PD in cables that are online, avoiding potential disruption. The new equipment can identify potential issues in most types of insulated cables up to several miles by detecting high frequency pulses generated by PD events within the cable. Portable, robust and lightweight, the CableData Collector™ detects and records PD activity. Through CableData Analysis Studio™ software, a report can be produced to assess the condition of cables and the likelihood of failure and outages in power lines. Siôn Hughes, Development Engineer, EA Technology, said: “For network operators, it is of the utmost importance to keep any power outages on their network to an absolute minimum; with the introduction of the CableData Collector™, testing for PD in cables becomes far easier and more cost efficient. “PD can be a major factor in substation failures and is caused by a number of cable defects, including insulation deterioration, faulty joints, poor terminations and mechanical damage. Detecting PD early can help achieve major savings for network operators by enabling www.the-eic.com
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February 2014
EIC Member News
Phoenix Contact has introduced PLUGTRAB PT-IQ – a new, forward-looking surge protection system with a variety of new features. Each voltage-limiting component of the protective circuit is intelligently monitored. This enables previous damage as a result of powerful surge voltages to be detected immediately. The function status is indicated and signalled remotely in multiple stages. A controller manages up to 28 installed protective devices. It also functions as the power supply unit and the central evaluation unit for all status signals. As soon as each module is snapped on, the power supply and the status signal are connected. This minimises the amount of cabling required. PLUGTRAB PT-IQ provides three levels of status indication for each SPD: surge arrestor is good (green); surge arrestor close to the performance limit (yellow); and surge arrestor has been overloaded (red). To further safeguard continuous and proper operation, the new locking feature ensures that the SPDs will remain securely installed and not be susceptible to high shock and/or vibration environments. The compact design of SPDs, with a pitch of only 17.5mm, can protect up to five separate signal wires, delivering maximum protection with minimal space requirements. To further ensure proper operation, the SPDs are keyed to ensure proper orientation when installing them into the pluggable base, which safeguards against polarity reversal. There are also two wire termination methods available, the traditional screw clamp and the latest, fastest and widely accepted push-in connection technologies. PLUGTRAB PT-IQ from Phoenix Contact offers improved system reliability, up-to-date system status, reduced service costs, compact and modular design, failsafe installation, decreased termination time, and improved signal quality. For more information please visit: www.phoenixcontact.com
In order to better support its UK, Ireland and Continental Europe customer base, REMBE® Ltd is now fully operational from its 2,300 sq ft office and warehouse facility in Colworth Science Park, Sharnbrook, Bedfordshire. Mike MacClancy, Managing Director, REMBE® Ltd, said: “Since incorporating REMBE® Ltd in August 2009 REMBE’s UK business in bulk solids explosion protection, flow control and process pressure relief has steadily grown in all areas and applications by offering an unprecedented level of service to all customers. We keep extensive stocks of an ever increasing range of products for fast response deliveries; 48 hours door-to-door at no additional premium charge is now becoming something of a daily occurrence. Servicing and commissioning is also now regularly undertaken from a growing mature staff. Our previous facility was simply inadequate for our needs.” For more information visit: www.rembe.co.uk
Yokogawa UK Ltd has appointed Simon Rogers as the company’s new Managing Director. In his new role, Rogers will extend the company’s focus on process control and safety systems success in the oil and gas sector through an enhanced Aberdeen presence. Rogers started his career as a Chemical Engineer in 1986, with KBC Process Technology, helping its customers optimise oil refineries using the business’s refinery simulation software. He then worked for ABB and later Honeywell, managing the implementation of state of the art advanced process control and online optimisation solutions in the oil, gas and petrochemical industries globally. He also has a wealth of knowledge in supply chain planning and optimisation solutions for the process industries. For further information contact Louise Mungrue: louise.mungrue@uk.yokogawa.com
Supply Chain Registration for Hinkley Point C
EDF Energy plans to invest in the multi-billion pound project in Somerset over the next decade. Approximately one third of the investment is planned for the nuclear reactor island, with the remaining two thirds required for associated construction and civil engineering works, as well as aligned activity such as business services. Visit: www.hinkleysupplychain.co.uk As part of its procurement strategy, EDF Energy has partnered with the Somerset Chamber of Commerce to identify and support local businesses that want to become part of the supply chain. The Somerset Chamber is the first point of contact for local business and agencies wishing to engage in the construction of this proposed nuclear new build project. Tel: +44 (0)1823 444 924
Photo © EDF Energy 2014
www.the-eic.com
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February 2014
EIC Training Services
Training Services 2014 Management Course
Industry Overview
Technical Workshop
Technical Workshop
Technical Workshop
Technical Workshop
Technical Workshop
HSE Training
Networking that Works 4 February 2014 Really Great Training Company, EIC London This course is for any industry professional who wants to win more work for their company and for those who want to become confident and effective networkers. On completion of the course, attendees will have a thorough understanding of how to get focused and target the right networks, how to get on with anyone really quickly and how to make small talk, practicing listening and body language. The course will also look at the practicalities: moving in, moving on and remembering names as well as how to transform from networker to connector.
Fundamentals of Nuclear 5 February 2014 EIC London This course has been designed for industry practitioners from a variety of sectors who want to begin to understand the nuclear sector and who are thinking of exploring the potential opportunities that exist for them. The course is an introduction to those who have not previously worked in the nuclear industry but perhaps would like to become involved with the ‘nuclear renaissance’. On completion, attendees will have a thorough understanding of radioactivity, the nuclear fuel cycle, nuclear power generation, reprocessing, decommissioning, waste management and regulation.
Introduction to Fibre-Optic Distributed Acoustic Sensing 6 February 2014, OptaSense, Farnborough This workshop is for specifiers, control and instrumentation engineers, electrical engineers, process engineers, leak specialists, operations managers, safety personnel, procurement managers and other roles involved in the operational effectiveness of down-hole operations, pipelines and onshore infrastructure. Attendees will have a chance to experience and interact with live DAS systems installed on test sites around the world and see how the technology is challenging conventional thinking in terms of pipeline protection, leak detection and PIG tracking.
Introduction to Control Valves 13 February 2014 Severn Glocon, Gloucester This workshop is aimed at engineers, graduates and personnel from operations and maintenance who want to have a basic understanding of the design and construction, selection process and application of control and choke valves. Providing an overview of control and choke valve types, materials, trim configurations and their selection criteria as well as the role of valve mounted instrumentation, this workshop also looks at the ‘severe service’ considerations of valve selection. The course will examine the pitfalls of poor specification and selection.
Introduction to Electric Motors 18 February 2014 ATB Laurence Scott, Norwich This workshop will suit graduates, engineers, maintenance engineers, plant operators and managers, who require a basic understanding of criteria for specification or safe operation of high voltage induction motors. The workshop will provide a comprehensive understanding of the prime requirements needed when specifying for procurement purposes, particularly for those involved in specifying or acquiring HV induction motors as prime movers for pump, compressor or fan applications.
Introduction to Steam and Condensate Systems 19 February 2014, Spirax Sarco, Gloucester This workshop is for engineers, graduates and other personnel requiring general steam and condensate systems familiarisation, specifically in the areas of process steam and condensate recovery. The workshop provides attendees with a general understanding of the basic working knowledge of steam and condensate systems and associate equipment. It will cover the basic theory of steam fundamentals and discuss pressure reducing valves, safety valves and condensate recovery.
Introduction to Trace Heating 20 February 2014 Thermon, EIC London This workshop is for individuals who are new or require awareness of trace heating in the field of engineering, operations and maintenance fundamentals. It also provides an excellent review for individuals who have been involved with trace heating, but have not received formal training.
Introduction to PED 97/23/EC and the UK Pressure Systems Safety Regulations 2000 26 February 2014, Nuvia, Warrington PED 97/23/EC focuses on an introduction to European New Approach Directives, scope and responsibilities and essential safety requirements. The PSSR focuses on an appreciation of the 2000 Regulations, and understanding the interface between the PED and PSSR.
If you would like further information on any of our courses or would like to arrange ‘in-house’ training at your offices, contact: ally.leboutillier@the-eic.com www.the-eic.com
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February 2014
Events Diary
UK, Overseas & Training February 2014 4 Management Course: Networking that Works Really Great Training, EIC London 4-5 Management Course: The Effective Manager Change Creation, EIC Houston 5 Industry Overview: Fundamentals of Nuclear EIC London 6 Management Course: Effective Selling and Account Management Change Creation, EIC Houston 6 Technical Workshop: Introduction to Fibre-Optic DAS OptaSense, Farnborough 11 Corporate Entertainment: Middle East Members Lunch with Bechtel Sofitel Hotel, Abu Dhabi 11 Corporate Entertainment: New Year Networking Lunch EIC Singapore 12 Industry Overview: Fundamentals of Oil and Gas EIC Singapore 13 Technical Workshop: Introduction to Control Valves Severn Glocon, Gloucester 13 Technical Workshop: Introduction to Flow Measurement NEL, EIC Singapore 14 Technical Workshop: Introducton to Measurement Uncertainty NEL, EIC Singapore 17 Business Presentation: Opportunities in Kurdistan EIC London 18 Technical Workshop: Introduction to Electric Motors ATB Laurence Scott, Norwich 19 Technical Workshop: Introduction to Steam & Condensate Systems Spirax Sarco, Gloucester 19 Technical Workshop: Introduction to Corrosion Management Solutions Belzona, EIC Houston 19 Technical Workshop: Introduction to Gas Turbines Siemens, Rio de Janeiro 20 Technical Workshop: Introduction to Trace Heating Thermon, EIC London 20 Corporate Entertainment: EIC Dubai Annual Golf Tournament The Els Club, Dubai 24 Technical Workshop: Introduction to FPSOs Rio de Janeiro 25 Industry Overview: Fundamentals of Liquefied Natural Gas Proclad Academy, Jebel Ali, Dubai 26 HSE Training: Introduction to Pressure Equipment Directive 97/23/EC Nuvia, Warrington 26 Management Course: Effective Negotiation Skills British Council, EIC Singapore 27 Business Presentation: Opportunities with ABB EIC London 28 Corporate Entertainment: The Oil Barons Ball Meydan Racecourse, Dubai March 2014 4 Business Presentation: Opportunities on the TANAP Project EIC London 4 Management Course: How to Write Winning Bids Rothera Group, EIC London 5 Technical Workshop: Introduction to Plant Commissioning Technowatt, EIC London 6 Industry Overview: Fundamentals of Subsea Denmore Technologies, EIC London 7 Technical Workshop: Introduction to FPSOs Denmore Technologies, EIC London 10-11 Management Course: The Effective Manager Inspirit Training, EIC London 13 Corporate Entertainment: Top Golf Houston 18 Industry Overview: Fundamentals of Power E.ON UK, Nottingham 19 HSE Training: Introduction to Hazardous Area Protection Pepperl+Fuchs, Oldham 20 Industry Overview: Fundamentals of Downstream Rio de Janeiro 20 Technical Workshop: Introduction to Valve Reliability Advanced Valve Solutions, Germany 25 Management Course: Technical Report Writing Rothera Group, EIC London 25 Sector-Based Forum: Power EIC London 27 Business Presentation: Opportunities with AMEC Thistle Altens, Aberdeen 27 Business Presentation: Opportunities in South Wales Cleddau Bridge Hotel, Pembroke 27 Corporate Entertainment: Pembroke Supper 2014 Cleddau Bridge Hotel, Pembroke 27 Management Course: Developing a Business Case Neos Learning, EIC London 27 Technical Workshop: Internal Corrosion Management Solutions Belzona, Rio de Janeiro 27 Technical Workshop: Introduction to Fibre-Optic DAS OptaSense, EIC Houston 28 Technical Workshop: Introduction to Reservoir Engineering ATU Consultancy, EIC London For further information on UK & Overseas Events and Training please contact: info@the-eic.com 12 www.the-eic.com
February 2014
Events Diary
Exhibitions & Delegations 2014
1-6 February Overseas Delegation to Algeria 9-15 February Overseas Delegation to Mozambique and Tanzania 19-21 February Australasian Oil & Gas Exhibition (AOG) Perth 10-14 March Overseas Delegation to Azerbaijan 17-21 March Overseas Delegation to Malaysia 19-21 March CIPPE Beijing 24-28 March Overseas Delegation to Brasil 5-8 May Offshore Technology Conference (OTC) Houston 11-15 May Overseas Delegation to Libya 18-21 May Overseas Delegation to Angola 2-6 June Overseas Delegation to Peru 8-11 June Overseas Delegation to Kurdistan 9-13 June Overseas Delegation to Canada 23-27 June Overseas Delegation to Vietnam 27-30 July Overseas Delegation to Japan 25-28 August Offshore Northern Seas (ONS) Stavanger 14-17 September Overseas Delegation to Oman 15-18 September Rio Oil & Gas Rio de Janeiro 23-26 September WindEnergy Hamburg 13-17 October Overseas Delegation to Myanmar 10-13 November ADIPEC Abu Dhabi 12-14 November Offshore Korea Busan 2-5 December Offshore South East Asia (OSEA) Singapore
Status Sold Out Sold Out Sold Out Sold Out Sold Out Booking Now Booking Now Sold Out Register your Interest Booking Now Booking Now Register your Interest Booking Now Booking Now Register your Interest Booking Now Register your Interest Booking Now Register your Interest Register your Interest Booking Now Booking Now Booking Now
For further information on Exhibitions & Delegations please contact: events@the-eic.com
National Events 2014
Status
25-26 November EIC Connect Oil & Gas Manchester Stand Bookings Open For further information on National Events please contact: nationalevents@the-eic.com
12-14 NOVEMBER 2014 / TEL +44 (0)20 7091 8617 / EMAIL events@the-eic.com
www.the-eic.com
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February 2014
EIC Overseas Delegations
Overseas Delegations
Delegates enjoyed successful one-2-ones with EPC contractors such as JGC, Inelectra, Vepica, Vhicoa, Y&V, Consorcio Lamar, Pentech, Petroserv, Videvallca and CNP Venezuela (Russian Oil Consortium). The group met with several divisions of PDVSA such as Petropiar, CVP, Bariven (Procurement Area), Intevep, Petroindependencia and Offshore. Potential agents, partners and representatives were also among the group as well as representatives from Halliburton, Schlumberger and many more. The group also heard presentations from the Cámara Petrolera de Venezuela (Venezuala Oil Chamber), UKTI and PDVSA. The visit to Puerto la Cruz allowed a closer contact with companies working on the massive heavy oil reserves present in the Orinoco Belt. It became clear during the course of the week that Venezuela is a key player in the global energy industry and its heavy and extra heavy oil present real challenges, which hold opportunities for UK technology, operators and service providers.
Overseas Delegations are designed to enable the UK supply chain to target revenue opportunities in a supportive business environment. Forthcoming Delegations Overseas Delegation to Peru 2-6 June 2014 MAP Funding TBC Peru has 12.7 tcf of proven natural gas reserves, making it an important gas province in the region. The majority of gas production comes from the Camisea gas fields, which are responsible for supplying the Peru LNG terminal, South America’s first LNG liquefaction plant. Major capitalintensive projects include the construction of a US$5 billion gas pipeline from Camisea to the coast and the US$3.5 upgrade of the Talara refinery, among other projects.
Overseas Delegation to Australia 18-22 November 2013 The EIC supported by the Northern Territory Government of Australia and the City of Perth council recently organised and managed an overseas delegation to Perth and Darwin focused on the opportunities available for UK companies in the Australian oil and gas market. In Perth, the delegation began the programme with a market overview, with Department of State Development, Department of Mines and Petroleum and UK Trade & Investment along with Project Connect and Industry Capability Network, which both list Australian projects and their tender opportunities on behalf of many of the operators with business in the country. The delegation also had meetings with Santos (Australia’s largest domestic gas producer), McDermott Australia, Fluor, FMC Technologies and Technip over the two days, and gained a realistic overview of the market, and the varied projects and their current state. In Darwin, along with a briefing of the Northern Territory projects, the group also met with Shell, Inpex, ConocoPhillips, PTTEP and ENI, who are all at different stages in their entry to the Australia market. Darwin is set to become an oil and gas hub, with speakers from Land Development Corporation and Asco presenting to the group on the growth of the marine supply base, which will serve the Prelude Project Darwin LNG and the US$20 billion Ichthys LNG project amongst others. The itinerary also included two networking receptions in Darwin and at the Bell Tower in Perth. Overall, the visit provided delegates with excellent exposure to existing and new customers, and hopefully will assist UK companies in their target to win a larger percentage of the LNG and support services contracts in Australia. The EIC is managing the UK Pavilion at the Australasian Oil & Gas Show (AOG) which takes place from 19-21 February 2014. For further information please contact Laura Tavernor, Manager, (Overseas Events): Tel +44 (0)20 7091 8618 Email laura.tavernor@the-eic.com
Overseas Delegation to Vietnam 23-27 June 2014 MAP Funding TBC The oil and gas industry is a top priority sector for development by the Vietnamese government which considers it vital to the nation’s economic growth and energy security. It is one of the country’s biggest foreign currency earners and a major procurer of imported technology, services and equipment. Potential buyers include PetroVietnam – the national oil and gas group and essentially both the operator and regulator in the industry, its subsidiaries, joint ventures and affiliates, as well as foreign oil and gas companies operating in Vietnam, which normally prefer sourcing from Europe, Japan and the US. Delegation Reports Overseas Delegation to Venezuela 24-29 November 2013
In order to gain a better understanding of the Venezuelan market, 11 delegates from 10 companies had meetings with over 80 people from almost 60 companies ranging from operators and contractors both national and international to potential agents and distributors. This was the EIC’s second mission to Venezuela and this time around meetings were held not only in Caracas but also in Puerto la Cruz. www.the-eic.com
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February 2014
EIC Middle East News
Middle East News
We are also hoping to be able to deliver our first training event of the year which will be the Fundamentals of LNG and then finally before we embark on the Algerian delegation, we intend to visit a UKTI initiative that will be focussing on North Africa. Looking towards the social side of things, we have two excellent networking opportunities taking place this month. Our Golf Tournament was fully booked last October and the prizes we have been able to secure for the raffle in the evening exceeded all of our expectations with up to 30 different packages available and up for grabs. The following week after the golf came the 11th edition of the Oil Barons Ball, a glittering affair with over 2,000 attendees enjoying a James Bond themed evening. We were delighted to have been asked to join the judging panel for the Middle East Electricity Awards and our congratulations go out to all the winners. March will see us travelling with another delegation, this time to Azerbaijan and again, this is an event that has proved extremely popular with the membership having sold out in record time. It was also a pleasure to be involved in the opening ceremony of a brand new purpose built facility established by EIC member Endress+Hauser. Looking at the visiting programme since the last edition of the monthly news, we were pleased to be able to welcome Chris McLaren and his team from Dialight who took advantage of our facilities for a team meeting. We also welcomed Peter Convery, Regional CEO of J Murphy & Sons who recently acquired EIC members Land & Marine. Finally, I need to make an apology. From the last edition, the visit to the office by Tony Conroy from Ellis Patents was overlooked which is unforgivable but we’ve promised him double chocolate biscuits next time. Terry Willis, Director, Middle East Contact: terry.willis@the-eic.com
Office News
It was a pleasure and a privilege to have been invited to attend what has become a very prestigious annual event. The 5th Gulf Intelligence UAE Energy Forum takes place in Abu Dhabi and is an excellent forum for local VIPs to meet and discuss areas of concern, common interest and speculation on the ups and downs of not only the UAE’s energy sector, which continues to be extremely buoyant but also the many identifiable challenges that are expected to be faced between now and 2020. The year 2020 is in itself significant given that the UAE is honoured to have been chosen as the host country for that year’s World Trade Exposition. Naturally, the event was also an excellent opportunity to network and broadcast the EIC across a wide spectrum of influential individuals. Another annual event that takes place at this time of year is the World Future Energy Forum, which can be classed as the ADIPEC of the clean fuel and renewables space. This event receives substantial UK government support with the Secretary of State for Trade, Vince Cable delivering a keynote speech.
Regional Comment
Terry Willis with Nicki Houston, Contracting and Procurement Manager for the Iraqi Crude Export Pipeline Project and Iyad Kabak, Manager of Proposals and Project Controls for SNC-Lavalin Oil & Gas, MEA Business Unit
ADCO concession: IOCs agree to co-operate The Abu Dhabi National Oil Company (ADNOC) has signed a close-out agreement with the existing partners on its onshore oil fields, ending the 75 year partnership of the five international oil companies (IOCs). Abu Dhabi will take full control of the fields after the existing Abu Dhabi Company for Onshore Oil Operations (ADCO) joint venture officially expired on 11 January. The current onshore concession, signed back in the 1970s, is held by a joint venture between ADNOC and five IOCs: the UK’s BP; US-based ExxonMobil; UK/ Dutch Shell Group; France’s Total and Portugal’s Partex. ADNOC management stated that these IOCs would assist it in operating the fields on a risk-free basis until a new partnership is formed. With the exception of Partex, all the existing partners have lodged bids for a place in the new concession. Other bidders in the running include China National Petroleum Corporation (CNPC), Italy’s ENI, Japanese group INPEX, Korea National Oil Corporation (KNOC), US based Occidental Petroleum (Oxy) and Norway’s Statoil.
Later that same week after the Energy Forum, we were hosting SNC-Lavalin who provided an update on a significant pipeline project that they have been working on for the Iraqi Ministry of Oil who, over the seasonal period, awarded them with a very sizeable contract to undertake the FEED as well as project management work that included overseeing the purchase of long lead items as well as making all the preparations for a full round of EPC bidding which is expected to be started towards the end of 2014. With this most recent development, the audience was treated to an overview of what was involved and what actions they needed to take in order to participate in the project. Looking ahead to our programme of business presentations, we have been able to secure the services of Bechtel for this month, Dubai’s own Drydocks World for next month and the plans for the following two months are very advanced but not yet confirmed.
EIC Newsbriefs – Keeping you up to date on energy news from around the world. Email membership@the-eic.com www.the-eic.com
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February 2014
EIC National Events
The EIC will have a private lounge area in a fantastic location, close to the entrance of the show exclusively for EIC members.
Stand and sponsorship sales rise in anticipation of speaker programme at EIC Connect Oil & Gas for what promises to be the biggest EIC Connect event to date.
Taking place on 21-22 May 2014 in Aberdeen, All-Energy is the only face-to-face forum in the UK that brings together all sectors and elements of the renewable/sustainable energy industry. The event provides an unrivalled platform for the industry’s business professionals, academia, finance, community and government to drive innovation, business and investment opportunities across the sectors; buy and sell products and services; and engage in outstanding networking events.
Major oil and gas operators and contractors are still being invited to speak at the event and will be announced shortly. Speakers in 2012 included AMEC, Bechtel, BG Group, Centrica, ConocoPhillips, Petrobras, Petrofac, SBM Offshore, Schlumberger, Shell, Statoil, Tullow Oil, Wood Group, Woodside and Worley Parsons to name a few of the outstanding line-up. Many leading companies have already signed up to showcase their capabilities to the major speaker companies including AVEVA who are also sponsoring the event lanyards and registration area and Ashcroft Instruments, who exhibited for the first time in 2012. Speaking of the 2012 event, Bernard Cardoza, Sales Engineer, Ashcroft Instruments, said: “EIC Connect Oil & Gas has been excellent for us. It’s our first time and due to our presence, we have been able to develop a number of leads and opportunities. Several interesting prospects have come up to our stand, enabling us to meet people we haven’t met before and be pointed in the right direction.” Exhibitors will also get the chance to attend the exclusive ice breaker evening reception to network with high level energy industry guests. This year’s event will take place once again at the jaw dropping heights of the elite 23rd floor of the iconic Hilton Hotel.
Reed Exhibitions, the organiser of the show, is offering EIC members the opportunity to book stand space around the EIC Lounge at a discounted rate of just £235 per sq m (normal rate £265) and EIC members will benefit from:
Stands are priced at just £2,400+VAT or £2,700+VAT for a corner location and include 2 x delegate places with the option to purchase more at a reduced cost.
• Fantastic location in the front of the main hall • Fully equipped lounge area with refreshments • Pre-order lunch with your clients in the lounge • Visits from major contractors and operators • Promoted in EIC Monthly News and on the website • Dedicated EIC staff to help maximise your presence
At the time of writing 50% of the exhibition space has been sold. To check the latest availability and download the Stand and Sponsorship pack please visit the EIC Connect website. For more information please visit: www.eic-connect.co.uk
The latest floor plan showing stand availability can be viewed at www.all-energy.co.uk. To enquire about stand space around the EIC Lounge please contact:
Contact: Charmaine Atkinson National Events Co-ordinator Tel +44 (0)1642 379 975 Email charmaine.atkinson@the-eic.com
Mark Lewis, Sales Manager, All-Energy Tel +44 (0)20 8439 8858 Email mark.lewis@reedexpo.co.uk www.the-eic.com
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February 2014
www.the-eic.com
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February 2014
EIC UK News
News from our UK offices
Business Presentation: Opportunities on the Trans Anatolian Natural Gas Pipeline (TANAP) Project 4 March 2014 EIC Conference Suite, London UKTI, UK Export Finance (UKEF) and TANAP will be joining EIC members to detail Turkey and Azerbaijan’s Trans Anatolian Natural Gas Pipeline Project (TANAP). The project has been designed to transport the supply of gas across Europe from Azerbaijan’s Shah Deniz fields. An MoU was signed between the governments of Turkey and Azerbaijan in 2011 after which a consortium dedicated to the project was established between the State Oil Company of Azerbaijan (SOCAR), Petroleum Pipeline Corporation of Turkey (BOTAS) and/or Turkish Petroleum Corporation (TPAO). The TANAP project is planned to begin on the Georgia-Turkey border and run across several of Turkey’s provinces. Topics include: a project overview, including how to engage with the contractors, the prequalification process and contacts. This will also include how UKEF can help you export goods and services and win business. Contact: leeann.stewart@the-eic.com
Forthcoming Events
Business Presentation: Opportunities in Kurdistan 17 February 2014 EIC Conference Suite, London Kurdistan has emerged as one of the most stable and successful areas of Iraq, with the majority of the regions’ project activity taking place there since 2007. Over 50 production contracts have been signed in the last six years while early exploration has yielded several large hydrocarbon finds which are now moving into early production phases. Companies already operating in Kurdistan include Gulf Keystone, ExxonMobil, Chevron, Total, Gazprom, Genel Energy and Marathon. The region’s known oil and gas potential includes 45 billion barrels of oil reserves; 57 oil and gas fields; PSCs signed with 39 companies from 19 countries and 1 million bbl/d of oil by the end of 2015. Find out how your organisation can take advantage of this potential by joining us on 17 February. Contact: leeann.stewart@the-eic.com
Sector-Based Forum: Power 25 March 2014 EIC Conference Suite, London The EIC’s Power Forum in March will provide an overview of existing sector activities, potential areas of opportunity as identified by the EIC and an opportunity to exchange project details with other delegates. In addition to this, we are delighted to have National Grid join us to provide an overview/update on the EMR and Capacity Mechanism and the impact these may have on UK power projects. Contact: daisy.crisp@the-eic.com
Business Presentation: Opportunities with ABB 27 February 2014 EIC Conference Suite, London ABB is a leader in power and automation technologies that enables utility and industry customers to improve their performance while lowering environmental impact; in the UK alone, the company operates from more than 20 locations, and globally in around 100 countries. The EIC is currently tracking over 100 projects globally via EICDataStream which ABB is either bidding for or has been awarded, including QGC’s Queensland Curtis LNG project and Dana Petroleum’s Western Isles FPSO. With over 50 years experience in the oil and gas industry, ABB provides electrical, instrumentation, control and telecoms systems, lifecycle services and consultancy which improve asset productivity, minimise costs and extend equipment or asset life. To find out more about ABB’s oil, gas and chemicals business, their portfolio of work and their supply chain requirements, join us in February for this supply chain forum. Contact: daisy.crisp@the-eic.com
Business Presentation: Opportunities in South Wales 27 March 2014 Cleddau Bridge Hotel, Pembroke With 40 active and future projects taking place within the counties of South Wales, with an estimated CAPEX of US$9.5 billion, Pembroke provides an ideal base for EIC members to meet with some of the operators, developers and contractors doing business in the area. Local projects include the South Hook LNG combined heat and power plant, Prenergy’s Port Talbot biomass plant, the Baglan Bay II power plant and the onshore wind farm at Peny-Cymoedd, all currently at procurement stage. South Wales will also possibly see the Severn tidal project achieve environmental assessment sign off in 2014 and the development of a substation in Pembroke for the 3GWe Project Greenwire – the Ireland/UK interconnector. The EIC will host a panel of speakers from some of these projects to talk about the upcoming opportunities in the region. Paul Savvides, Procurement Manager GB+I at Siemens is one of the confirmed speakers at this event and will be detailing Siemen’s supply chain requirements for the Pen-y-Cymoedd wind farm in the region. The Opportunities in South Wales event will be followed by the Pembroke Supper. Contact: daisy.crisp@the-eic.com
Business Presentation: Opportunities with RES North Blyth February 2014 Newcastle RES has been granted development consent for its North Blyth biomass power station located in Northumberland’s Blyth Estuary. Once operational the 100MW power station will use sustainably sourced wood-based fuel to generate enough electricity to power the equivalent of over 170,000 UK households every year. This is RES’ first biomass development and joins their extensive and growing portfolio of onshore and offshore wind as well as solar energy projects that have been developed by the leading independent renewable energy generator. Further details will be available shortly online. Contact: jennifer.hole@the-eic.com www.the-eic.com
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February 2014
EIC UK News Sector-Based Forum: Carbon Capture & Storage 7 April 2014 EIC Conference Suite, London The EIC Sector-Based Forums provide a balanced picture of current sector activities and are designed to aid EIC members understand the full range of business opportunities, technical issues, technological advancements and are also a chance to exchange ideas with other key individuals in their sector. At this CCS Forum we will cover advances in technology and what impact this will have on CCS projects and SME’s. Also on the agenda is an international focus looking at China, considering the opportunities for the UK supply chain. Contact: jenifer.hole@the-eic.com
Corporate Entertainment: Pembroke Supper 27 March 2014 Cleddau Bridge Hotel, Pembroke The EIC is delighted to announce that the 2014 Pembroke Supper will be taking place on Thursday 27 March at the Cleddau Bridge Hotel. With 40 projects taking place within the surrounding area generating US$9.5 billion of business, Pembroke is in the heart of the south west’s energy capital and this event provides the perfect opportunity to entertain guests and network with prospective customers and generate business contacts in the area. Also, for the first time, the Southern Region will be running a Business Presentation on the Opportunities in South Wales on the same day at the Cleddau Bridge Hotel. The Pembroke Supper also provides a brilliant opportunity for one company to promote their abilities by sponsoring the evening. To find out more about the event or sponsorship opportunity, please contact: daisy.crisp@the-eic.com
SAVE THE DATE: Regional Golf Days 2014 • May/June: Northern Region Golf Day, venue TBC. Contact: jennifer.hole@the-eic.com • 20 June: Scottish Annual Golf Day, Cruden Bay, Aberdeenshire. Sponsored by Sparrows. Contact: leeann.stewart@the-eic.com • September: Southern Region Golf Day, Wokefield Park, Reading. Contact: daisy.crisp@the-eic.com
Business Presentation: Opportunities with AMEC 27 March 2014 Thistle Altens, Aberdeen AMEC is one of the world’s leading engineering, project management and consultancy companies. Their goal is to deliver profitable, safe and sustainable projects and services for customers in the oil and gas, mining, clean energy, environment and infrastructure markets, including sectors that play a vital role in the global and national economies and in people’s everyday lives. With annual revenues of some £4.2 billion, AMEC designs, delivers and maintains strategic and complex assets and employs over 29,000 people in around 40 countries worldwide. AMEC’s customers include some of the world’s biggest oil and gas companies, including Apache, BG Group, Britannia Operator Ltd, BP, Bluewater, ConocoPhillips, GDF Suez, Nexen, TAQA and Talisman, to name just a few. AMEC values the relationships it has with its suppliers and recognises the important role they play in the development and ongoing success of their business. Graham Clarke, Supply Chain Manager will reveal current and future opportunities. Contact: leeann.stewart@the-eic.com
EIC Award for Supply Chain Excellence
Has your organisation demonstrated excellence in supply chain performance? The EIC would like to invite all member companies to submit their entry for the 2014 EIC Award for Supply Chain Excellence. Details of the required criteria and of how to submit your entry are available now at: www.the-eic.com/Award The winner will have the unique opportunity to showcase themselves, their capabilities and their expertise within the energy sector and take advantage of a full package of benefits including:
EIC
• A bespoke marketing package Award for Supply Chain • Access to EIC generated press Excellence releases and additional PR activities • Double page spread in Energy Focus • Two free passes to EIC Connect 2014 And lots more... The Award Submissions will be judged by an esteemed panel of judges, including Chris Squires, EDF; Tor Matthews, Centrica; Norman McLennan, Sasol Limited and Matthew Grainger from UKTI. The Winner of the EIC Award for Supply Chain Excellence will be announced at the 2014 EIC National Dinner taking place at London’s Natural History Museum on 16 October. Further details on the National Dinner can be found at: www.the-eic.com/NationalDinner Contact: daisy.crisp@the-eic.com
Sector-Based Forum: Refining & Petrochemicals – Technological Advances March 2014 EIC Conference Suite, London This Refining & Petrochemicals Forum will provide an overview of the most opportune projects for EIC members, a summery of the sector as a whole as well as an understanding of the advances in technology the sector is seeing and what impact this will have on downstream projects. Contact: daisy.crisp@the-eic.com
Meeting rooms available in all EIC UK offices
The three regional offices in the UK, London, Billingham and Aberdeen, all have facilities available for EIC members to utilise. Ranging from hot desks to a full conference suite accommodating 100 guests, the facilities include full AV capabilities and are designed for the convenience of our members. Facilities in Aberdeen and Billingham, and the hot desks in London are free of charge for members to use. Other meeting rooms in London are subject to a small charge. Please contact the relevant office for more information or visit: www.the-eic.com www.the-eic.com
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February 2014
EIC Asia Pacific News
Asia Pacific News
LNGgc Asia Pacific 2014 is taking place at the Marriott Hotel, Singapore on 3-6 March 2014. There will be over 70 international speakers from upstream, midstream and downstream including Shell, Total, JOGMEC and PNOC. There will also be ministerial addresses on South East Asia’s LNG demand from the Hon. U Aung Than Oo, Deputy Minister, Power and Electricity, Myanmar and Ranee Kositvanich, Chief Executive, Natural Gas Management Department, Electricity Generating Authority of Thailand (EGAT). EIC members are entitled to a 10% discount when quoting VIP: FKA2399EICEM1. Visit: www.lnggc-asia.com/page/discount-free-places
Office News
We would like to wish all EIC members based in the region a very happy and prosperous Chinese New Year. EIC Singapore is hosting a Chinese New Year ‘Lohei’ Networking Lunch for its members and guests on the 12th Lunar Day; 11 February at our office.
Forthcoming Events
Corporate Entertainment: New Year Networking Lunch 11 February 2014 EIC Singapore
If you need any help or advice in the region or for more information about upcoming events, please contact us: Tel +65 6238 7756 Email singapore@the-eic.com Loong Say Meng, Director, Asia Pacific Contact: loong.saymeng@the-eic.com
Industry Overview
Fundamentals of Oil & Gas 12 February 2014 EIC Singapore This one day course will focus on the upstream sector and will give participants a basic understanding of the processes of exploration and production. In addition, the course will offer an appreciation of the importance and place of the upstream sector in the broader oil and gas industry.
Regional Comment
NZ awards 10 oil and gas permits The New Zealand government has awarded 10 petroleum exploration permits for Block Offer 2013. The permits include five onshore permits, in Taranaki and the East Coast, and five offshore permits in the Reinga-Northland Basin, Offshore Taranaki, and Great South Basin (SouthCanterbury). Three of the winners are new to the NZ oil and gas industry. They include Statoil, which received a permit to explore the frontier Reinga-Northland Basin; Woodside Petroleum which is partnering New Zealand Oil and Gas (NZOG) for two permits, one in offshore Taranaki and another in the Great South Basin; and Mont D’Or, a Singapore-based company, which was awarded a permit to explore in the East Coast.
Technical Workshop
Introduction to Flow Measurement 13 February 2014 NEL, EIC Singapore This workshop will provide delegates who are new to flow measurement both in a technical and non-technical capacity an unbiased view of the various technologies available and the basic knowledge required to make informed choices.
Technical Workshop
Double discoveries for Petronas Petronas has announced new discoveries in Malaysia and Indonesia. In Malaysia, gas has been discovered via the Sintok-1 well in offshore Block SK320, 240km north west of Bintulu, Sarawak. The well was drilled to a total depth of 2,775 metres with gas discovered in the main target reservoir. The Sintok-1 well is the third gas discovery in Block SK320. In Indonesia, Petronas, the operator for the Ketapang PSC offshore East Java, was drilling the Bukit Tua South-2 appraisal well to assess the Bukit Tua South-1 oil discovery made in 2012. The well reached its total depth of 2,176 metres. A drill-stem test (DST) carried out recorded a flow rate of 1,656 bbl/d of oil.
Management Course
PNG Elk-Antelope deal US-based InterOil has sealed a deal to farm-out equity in its Elk-Antelope fields in Papua New Guinea (PNG) to France’s Total. Under the deal, Total will acquire a 61.3% stake in Petroleum Retention Licence 15 (PRL 15), which holds the Elk-Antelope gas fields in the Gulf province of PNG. Total has also been granted an exclusive right to negotiate a farm-in to all of InterOil’s other exploration licences in PNG.
Introduction to Measurement Uncertainty 14 February 2014 NEL, EIC Singapore This course will introduce delegates to the techniques required to identify what affects measurements and by how much. Delegates will also learn during the practical and interactive afternoon session the appreciation of the impact of measurement uncertainty within the industry, identify the important sources of uncertainty in measurement systems and receive practical guidance on the design of measurement techniques.
Effective Negotiation Skills 26 February 2014 British Council, EIC Singapore This one day workshop introduces the skills required to take part in successful negotiations. With the use of case studies, real-life experience and simulations, it also introduces a systematic approach to preparing and conducting negotiations.
EIC Newsbriefs – Keeping you up to date on energy news from around the world. Email membership@the-eic.com www.the-eic.com
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February 2014
EIC China News
China News
Newfield back on Lufeng float-over trail off China US independent Newfield has issued a fresh tender for basic design of topsides modifications and floatover installation for its Lufeng 7-2 oilfield project in the South China Sea, three months after its first attempt at a float-over installation failed. The company’s Chinese division Newfield China has sent tender invitations to five offshore contractors – French giant Technip, Singapore’s Swiber, Dutch outfit Dockwise, McDermott of the US and China’s Offshore Oil Engineering Company (COOEC). Newfield has its eyes on a slot to redo the float-over in April, which means first oil from the field will be one year behind schedule.
Regional Comment
CNOOC to build FPSO for Liuhua 16-2 CNOOC has decided to build a floating production, storage and offloading (FPSO) vessel for the development of the Liuhua 16-2 oilfield in the Pearl River Mouth Basin in the South China Sea. This will be the second FPSO in as many years that CNOOC has chosen to build. The 100,000 deadweight tonne (DWT) newbuild will be connected to a subsea production system in water depths of 400 metres. Liuhua 16-2 is expected to produce 7 million barrels per year of light oil. The floater will include a power plant, oil and liquid treatment facilities and utility systems, as well as living quarters. Those that have so far expressed interest in the build include China Offshore Oil Engineering Corp (COOEC) for the topsides and Shanghai Waigaoqiao Shipbuilding, and Dalian Shipbuilding Industry Corp (DSIC) for the hull. The contract for the mooring system is set to be offered to international companies via a tender. SBM, APL, SOFEC and Bluewater are thought to be on the vendor list. The Liuhua FPSO is likely to be managed and operated by CNOOC affiliate CNOOC Energy Technology and Services (CETS).
Chevron halts work on Chuandongbei phase 2 US super major Chevron is understood to have suspended work on the second phase of China’s Chuandongbei sour gas field development in south western China’s Sichuan Province after being urged by production-sharing partner PetroChina to focus all efforts on completing the project’s first phase. Sources said that Chevron has decided not to submit the overall development plan for the second phase to the Chinese government for approval. PetroChina’s intervention came after Chevron repeatedly missed targets to produce first gas from the field, which has a high sulphur content. The latest deadline is currently being pushed back to the end of 2014.
CIMC Raffles snaps up 90% stake in Basstech Chinese yard CIMC Raffles has concluded a deal to acquire Swedish rig design house Bassoe Technology (Basstech) from Norwegian rig player Bassoe Group. The yard, in Yantai City in eastern China’s Shandong Province, bought a 90% stake in Basstech through its parent company China International Marine Container for US$24.8 million. The remaining stake will be kept by Bassoe Group, which will also retain a seat on the Basstech board. The takeover could help consolidate CIMC Raffles’ engineering expertise, especially its abilities in basic design of deep-water semi-submersible drilling rigs. CIMC Raffles, having delivered three deepwater semisubs, is strong in detailed design of offshore units but is said to have less expertise in conceptual and basic design. Basstech has developed a basic tender rig design for its sister company, Houston-based drilling contractor BassDrill – now called Atlantica Tender Drilling – which has awarded deals to Chinese yard Dalian Shipbuilding Industry Offshore Company to build two BT-3500 TSV semi-submersible tender drilling rigs. The first unit, BassDrill Beta, was delivered in October and the second is due at the end of 2015.
Topsøe investment to build catalyst plant in China Haldor Topsøe A/S’ board of directors recently approved the capital investment needed to carry out the construction that in two primary phases will establish a new automotive catalyst plant in Tianjin Economic Technological Development Area (TEDA) located 100km east of Beijing. The construction of the plant has already begun and will run over the next two years consisting of two primary phases. The initial phase will be ready for production by April 2015 while the second will be ready by early 2016. The total capital investment needed to complete the entire production plant is 900 million DKK. Rolls-Royce wins further China pipeline contract Rolls-Royce has announced a US$28 million contract to supply PetroChina with equipment and services to expand the flow of natural gas through the LunnanTulufan branch of the second West to East Pipeline Project (WEPP II). The Lunnan-Tulufan pipeline branch transports 17 billion m3/yr of gas and connects Lines I and II of the WEPP, which links China’s western Xinjiang region to Fujian province in the south east. In total, WEPP transports up to 47 billion m3/yr of gas. Rolls-Royce will supply PetroChina with an additional two RB211 gas turbine driven pipeline compressor units, bringing the total number of RB211 units sold for installation on China and Central Asia’s vast natural gas pipeline network to 70.
China rig deal for NOV US drilling equipment supplier National Oilwell Varco has recently signed contracts with China Oilfield Service to provide drilling equipment packages for three new rigs currently under fabrication at Chinese yards. One of the drilling systems is for the deep-water semi-submersible Hai Yang Shi You 982, while the others are for a JU2000E design jack-up and a CJ46 jack-up.
For information and business support in China contact: Salina Zhang, Regional Manager, China Contact: salina.zhang@the-eic.com
EIC Newsbriefs – Keeping you up to date on energy news from around the world. Email membership@the-eic.com www.the-eic.com
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February 2014
EIC North and Central America News
North and Central America News Technical Workshop
Office News
Introduction to Internal Corrosion Management Solutions 19 February 2014 Belzona, EIC Houston This workshop covers the latest developments in process vessel internal erosion and corrosion management solutions and application techniques utilising organic lining technologies.
We’ve had a great start to the new year here in Houston. We’ve been busy hosting member company visitors while planning for future training and business presentations. Most recently we hosted Maurice Wilkins, Tom Fiske, Marcus Tennant and Satoshi Mukade from Yokogawa; Phil Walsh, Magma Global Ltd; Landon Fabela, Special Piping Materials; and Rick Whinery, Dresser Rand. We’d also like to congratulate Lee Curcio, Bullen Pump, on winning the two complimentary passes to our upcoming Top Golf event. He was the successful raffle winner at one of our recent events. We always enjoy seeing our members, so if you are in our region please stop by. Within the last month we have had several success stories from member companies expanding their businesses within the region. Oil Consultants upgraded from a virtual tenant with one person to office tenants and have increased their team from one to five. STATS Group, who took an office with us several months ago after upgrading from a virtual tenant, have increased their team by three and have moved into their own facility with the intention of adding personnel in the near future. FoundOcean joined us a few months ago as well and have already moved into one of our larger offices to house two people to accommodate their new hire. We are thrilled for all three companies and look forward to continuing to watch them grow and be successful. Our 10,000 sq ft office, conveniently located near the Energy Corridor, has space available and we also have a large conference room and small conference room available for Global Members to utilise. If you are interested in office space or conference room usage, please contact us directly. We are here to assist you with your growing business needs.
Corporate Entertainment: Top Golf 13 March 2014 Houston Save the Date! You are invited to an afternoon of networking and entertainment as we ‘tee up some fun’. More details to follow.
Technical Workshop
Introduction to Fibre-Optic Distributed Acoustic Sensing 27 March 2014 OptaSense, EIC Houston This workshop will give participants a chance to experience and interact with live DAS systems installed on test sites around the world and see how the technology is challenging conventional thinking in terms of pipeline protection, leak detection and PIG tracking among other applications. For additional information about the EIC Houston office, our upcoming events or should you require any assistance in the North and Central America market, please contact us. Aimee Marsh, Executive Director, North and Central America Contact: aimee.marsh@the-eic.com
Regional Comment
Forthcoming Events Management Course
Mexico to attract private and foreign investment The Mexican constitution is due to be amended to modernise national oil company Pemex by allowing it to work with private firms in the exploration and drilling of new fields. The highly-anticipated reform will end the monopolies of Pemex and CFE (the Federal Electric Commission) in order to allow Mexico to attract private and foreign investment in its oil and gas processing and petrochemical sectors, as well as its electric energy sector.
The Effective Manager 4-5 February 2014 Change Creation, EIC Houston This course will enable delegates to examine their management style and understand how this style will affect others in the team, introducing new styles and providing a range of management tools.
Management Course
ConocoPhillips announces 2014 budget ConocoPhillips has announced its 2014 capital budget of US$16.7bn, with the majority going towards its North American portfolio. They will increase investment in exploring and appraising the Eagle Ford, Bakken and Permian as well as ramp up drilling programmes in the Gulf of Mexico. The company will also focus on Alaska and the Canadian oil sands.
Effective Selling and Account Management 6 February 2014 Change Creation, EIC Houston The course will demonstrate how to effectively manage the customer through an ever changing business environment.
EIC Newsbriefs – Keeping you up to date on energy news from around the world. Email membership@the-eic.com www.the-eic.com
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February 2014
EIC South America News
South America News
Industry Overview
Fundamentals of Downstream 20 March 2014 Rio de Janeiro
Office News
To coincide with UKTI’s UK Energy Showcase in Rio on 25 March, Construction and Maintenance of Offshore Assets will be the main topic of the EIC Overseas Delegation to Brasil on 24-28 March. We look forward to seeing many of you there.
Technical Workshop
Internal Corrosion Management Solutions 27 March 2014 Belzona, Rio de Janeiro If you need support in taking the next step into the South American market, please feel free to contact us. Clarisse Rocha, Regional Manager, South America Contact: clarisse.rocha@the-eic.com
Regional Comment
Next Brazilian pre-salt bidding round in 2016 Local reports indicate that the National Petroleum Agency (ANP) will only organise another bidding round for pre-salt areas in 2016, three years after the first round organised in October 2013. The last round, which awarded the Libra field to a consortium between Petrobras, Shell, Total, CNPC and CNOOC, was the first to introduce the new production-sharing scheme for pre-salt blocks, approved in 2009. According to an unnamed government source, ANP could organise a conventional bidding round (areas outside the pre-salt province) in 2015.
The EIC has offices available in Rio de Janeiro which are offered furnished on a flexible lease basis, enabling a member company to establish a presence in Brazil while exploring business opportunities in the country. There are three offices available, fitting two to five people with different room sizes from nine to 19 sq m.
Neuquén province to receive up to US$6bn this year E&P companies are expected to invest between US$56bn in the Neuquén province in Argentina in 2014. Unconventional resources will receive most of this investment, with approximately 60% being invested in the Vaca Muerta shale formation. YPF and its partners Chevron, Dow and Pampa Energia will be the main investors, followed by Total, ExxonMobil, Pan American Energy (PAE) and Petrobras. Bolivia has nuclear ambitions President Evo Morales is keen on introducing nuclear power to Bolivia, according to an announcement made in early January. Bolivia is one of South America’s poorest nations and its power generation matrix relies heavily on gas-fired plants and hydro power. According to Morales, the country’s uranium deposits would allow the development of a nuclear programme for energy and medicine uses. Argentina, Brazil and Mexico are currently the only countries in South America with nuclear power plants.
The last event of 2013 was the Business Presentation: Opportunities with SBM Offshore on 5 December. The 55 attendees watched presentations from Mr Eduardo Chamusca, Business Development Director and Rafael Thome, Supply Chain Manager from SBM Brazil, followed by Mr Mauro de Andrade, VP Public Affairs and CSR, Statoil.
Forthcoming Events Technical Workshop
Introduction to Gas Turbines 19 February 2014 Siemens, Rio de Janeiro
Peruvian energy sector to receive US$8.1bn in 2014 According to estimates by the mines and energy ministry, the country’s energy sector will receive US$8.1bn this year. Private investment alone is estimated at US$7.3bn, according to the investment promotion agency ProInversión. Capital-intensive projects include the construction of the Sur Peruano gas pipeline, 1.1GW of hydro power plants and new transmission lines.
Technical Workshop Introduction to FPSOs 24 February 2014 Rio de Janeiro
EIC Newsbriefs – Keeping you up to date on energy news from around the world. Email membership@the-eic.com www.the-eic.com
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February 2014
If you would like more information or are interested in becoming an EIC member, please contact: EIC Head Office and Southern Region 89 Albert Embankment, London SE1 7TP Tel +44 (0)20 7091 8600 Fax +44 (0)20 7091 8601 Email info@the-eic.com EIC Northern Region Belasis Business Centre, Belasis Hall Technology Park, Billingham TS23 4EA Tel +44 (0)1642 379 972 Fax +44 (0)1642 379 971 Email billingham@the-eic.com EIC Scotland 72 Carden Place, Aberdeen AB10 1UL Tel +44 (0)1224 626 006 Fax +44 (0)1224 637 393 Email aberdeen@the-eic.com EIC Middle East PO Box 54455, Office No 5WA 228, West Wing Building 5A, Dubai Airport Free Zone, Dubai UAE Tel +9714 299 3945 Fax +9714 299 3946 Email dubai@the-eic.com EIC Asia Pacific 3 Temasek Avenue, Centennial Tower #16-02, Singapore 039190 Tel +65 6238 7756 Fax +65 6238 8179 Email singapore@the-eic.com EIC North and Central America Suite 850, 11490 Westheimer, Houston, Texas 77077 Tel +1 713 783 1200 Fax +1 713 783 0067 Email houston@the-eic.com EIC South America Ed. Manhattan Tower, 26th Floor, Avenida Rio Branco 89, 20040-004 Rio de Janeiro - RJ, Brasil Tel +55 21 3265 7400 Fax +55 21 3265 7410 Email rio@the-eic.com EIC China Tel +86 139 0125 6599 Email salina.zhang@the-eic.com Follow @TheEICEnergy on Twitter
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