Inside Energy April 2017 by Energy Industries Council

Monthly news for EIC members April 2017

Sector analysis

Spotlight on technology

One-to-one

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Green’s MD Matthew Crewe explains how his company is saving clients up to 15% on their fuel bills

Balmoral’s Subsea Test Centre in Aberdeen provides an industry first with its real time remote observation software

As Myanmar opens up to foreign investment we explore where O&G supply chain opportunities will be found

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Sector analysis

Myanmar set to realise its oil and gas potential Myanmar is one of the world’s oldest oil producers, exporting its first barrel of crude in 1853. Despite this, its upstream sector is still in its infancy. This is due to a number of factors: sanctions, opaque regulatory policy and insufficient investment have all hindered Myanmar’s efforts to fulfil its oil and gas potential. Since the lifting of sanctions by the US and European Union in 2012, Myanmar has taken steps to reform its foreign investment laws and has held a number of successful international bid rounds for onshore and offshore oil and gas blocks. Myanmar has signification oil and gas potential based on its location, size and stock of natural resources. Yet despite possessing some 10tn cubic feet of proven natural gas reserves and 50m barrels of crude oil, both onshore and offshore exploration has been limited. The government has become increasingly keen to attract further foreign investment, with the energy and mining sectors among the top seven priorities and set to achieve an 8% increase in GDP. Furthermore, foreign investment regulations have been relaxed to encourage foreign direct investment (FDI) and as a result, Myanmar’s oil and gas sector received over US$14.3bn in FDI by the end of the third quarter of the 2014-15 financial year with the oil and gas sector currently accounting for about 36.3% of the country’s total foreign investment. Through foreign investment and exploration in oil and gas blocks bids, Myanmar aims to enhance its own companies’ capabilities through exposure to foreign companies’ technology, expertise and knowledge, while at the same time leveraging their financial strength. Crude oil and condensates are produced from the onshore Salin Basin and offshore Yetagun field. Total liquid fuels production has gradually fallen since the 1980s to around 16,000bbl/d in 2015. At Myanmar’s most recent offshore bidding rounds, held in 2013, the country awarded 16 onshore and 20 offshore blocks to several foreign and domestic companies. International companies such as Chevron, Ophir and Shell have started surveys and exploration activities at over half of these blocks. Myanmar’s government has decided to delay launching the next offshore bidding round, initially planned for 2016, until at least 2017 and focus upstream development on the 20 offshore blocks awarded in 2013.

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Natural gas production makes up the majority of Myanmar’s hydrocarbon production and it has risen substantially in the past few years, from about 450bn cubic feet (Bcf) in 2012 to 692Bcf in 2016. Most of the country’s current natural gas output comes from four offshore basins off the country’s west coast: the Yadana, Yetagun, and Zawtika fields in the Moattama Basin, and the Shwe field in the Rakhine Basin. Myanmar’s natural gas production is forecast to rise as new offshore projects come online. In early 2016, the state-run Myanmar Oil and Gas Enterprise (MOGE) and Australian stakeholder Woodside Energy announced the discovery of two large natural gas wells at opposite ends of the Rakhine Basin.

Nay Pyi Taw

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Blocks where exploration work has begun offshore Myanmar

Most of Myanmar’s natural gas production is exported to Thailand and, more recently, China. Natural gas exports to Thailand, which accounted for roughly three-quarters of Myanmar’s natural gas exports, totalled around 340Bcf per year in 2015. While much of the current export is through pipelines, Myanmar’s government is also seeking international investment in liquefied natural gas projects to help meet export obligations and growing domestic demand over the next several years. Andrew Scutter, Sector Analyst (Upstream) andrew.scutter@the-eic.com

Designed and published by the EIC 89 Albert Embankment, London SE1 7TP Tel +44 (0)20 7091 8600 Fax +44 (0)20 7091 8601 Email info@the-eic.com Web www.the-eic.com @TheEICEnergy Energy Industries Council (EIC)

Inside this issue... We open this month’s edition of Inside Energy by focusing on one of the world’s oldest oil producing nations, Myanmar (opposite). Although it exported its first barrel of crude way back in 1853, since then the development of its oil and gas industry has been hindered due to a lack of investment. However, all that’s about to change as its government is becoming increasingly keen to attract foreign investment to make the most of its huge natural resources of 10tn cubic feet of gas and 50m barrels of oil. If after reading our Upstream Sector Analyst Andrew Scutter’s article you’re excited about the prospects this South East Asian country might hold for your company, then you really should think about booking your place on our Overseas Delegation to Myanmar on 22 May. This is the perfect way to find out whether this emerging market is a good fit for your company. During your three days in Myanmar with us you’ll meet lots of senior industry decision makers and potential local partners as well as learning about the key players’ procurement processes and local content laws. As the country opens up to foreign investment, this delegation is your fast track to the front of the queue. Please visit our website for full details and to reserve your spot www.the-eic.com

Contents Sector analysis

Inside this issue...

April’s one-to-one interview is with Green’s MD Matthew Crewe. Turn to page 6 to find out how Green’s is helping its customers to save up to 15% on their fuel bills. Matthew also talks about how the company has responded to the Brexit vote and what plans they have in place for the next year.

EICDataStream 5 New members

We’ve had a lot of great feedback about our new spotlight on technology section, which we launched last month. In this issue we focus on Balmoral’s Subsea Test Centre in Aberdeen (page 18). This 14-vessel test centre is the first in the whole industry to offer software which allows full test traceability and real time observation from anywhere in the world.

Member news

Any EIC member who has an innovative product or service which they would like to share in this section please do get in touch with me via my email address below. Unfortunately, this foreword finishes on a sad note. Ron Coultrup, a valued long-term member of the EIC Board and a great supporter of the UK energy supply chain passed away on 24 February aged 87. He will be greatly missed. We will include a full obituary to commemorate Ron’s life in the next issue of Inside Energy. Edward White, Editor and Communications Manager edward.white@the-eic.com Sign up for the EICOnline newsletter

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One-to-one 6

Social media round up 11 Forthcoming events

Overseas events

Spotlight on technology 18 EIC training

Middle East news

Asia Pacific news

North America news

South America news

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EIC

NATIONAL DINNER 2017

12 OC TOBER

Your venue 8 Northumberland Avenue is one of central London’s hidden gems. It was originally the residence for the Percy family in the 1600s and has been immaculately restored, boasting high ceilings, impressive chandeliers, and ornate detailing. Accommodation for guests is also available at the Grand Hotel at 8 Northumberland Avenue.

T H E M O S T E XC LU S I V E EVENT IN THE UK ENERGY I N D U S T R Y ’ S S U P P LY CHAIN CALENDAR

Your guest speaker Jimmy Carr is Channel 4’s face of comedy and one of the most distinctive talents on TV. He fronts various topical panel shows and appears regularly on the comedy circuit.

Join us at the most prestigious event in the UK energy industry’s supply chain calendar as we celebrate the achievements and successes achieved by YOU, our members. Take advantage of this exclusive platform to host and entertain your own VIP guests at an unforgettable evening. Cost Table of ten: £3,500+VAT Individual place: £365+VAT

Awards ceremony

Sponsorship opportunities Most of the major Tier 1 and Tier 2 EPC contractors, OEMs, operators and developers are represented within the audience, making this a unique opportunity to promote your brand to potential customers, clients and peers allowing your company to stand out.

BOOK TODAY

T: +44 (0) 1642 379 975 E: nationalevents@the-eic.com www.the-eic.com/nationaldinner

The EIC Awards Ceremony will recognise individuals and companies which offer a product or service with a positive and significant effect on the UK energy supply chain. Details of award categories and how to enter will be announced soon.

Global opportunities INDONESIA

AUSTRALIA

NORWAY

Pertamina Bontang refinery

Pluto LNG Train 2 and Train 3

Fogelberg gas and condensate field

Operator: Pertamina Value: US$10bn Pertamina will select a business partner to assist with construction of the refinery by April 2017. The potential partners, which include Saudi Aramco, KNPC, CNOOC and PTTEP, will guarantee oil supply financing and technology.

Operator: Woodside Value: Estimated US$1bn Further expansion plans at Pluto could potentially involve a single module liquefaction train. The proposed two phase expansion plan will see the first phase generate between 1 and 1.5Mmtpa of LNG.

Operator: Centrica Value: US$1bn Centrica has until 30 June 2019 to submit the PDO for the field. The proposed development scheme calls for the drilling of three production wells using a semi-submersible rig and installation of a subsea template.

For more information on these and the 7,500 other current and future projects we are tracking please visit EICDataStream

CHINA

THE UK

GERMANY

Zhangzhou nuclear power plant (CNNC)

East Anglia 1 (EA1) offshore wind farm

Hohe See Offshore Wind Farm

Operator: CNNC Value: US$10bn Construction on the first two units is due to commence in 2018 with SECKSG Nuclear Pumps & Valves Co Ltd having been awarded a contract to supply six reactor coolant pumps.

Operator: Scottish Power Renewables Value: US$3.2bn Siemens has appealed to UK suppliers that provide a range of services to work with the company on the project. Contracts are being awarded.

Operator: EnBW AG Value: US$1.9bn EnBW has reached a final investment decision on the project and has given the go-ahead to build the wind farm. Contracts are being awarded.

Project watches

• We’re currently tracking over 7,500 projects on EICDataStream and while it’s great to know that there are so many opportunities out there, it’s unlikely that every one of them will form part of your company’s business development plans.

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• Project watches give you real-time updates on the projects you’re interested in, meaning that you’ll never miss an opportunity to grow your business. • The next time you run a search click the projects you want to stay on top of, then click ‘Actions’, then ‘Watch projects’. You can also save all of the search results by simply clicking ‘Actions’, then ‘Watch results of this search’. • And that’s it – you’ve successfully set up Project Watches. • Now, whenever one of your selected projects is updated in EICDataStream you’ll know about it right away with an email alert from us. Just click on the link to see what’s happened.

Sign Get inup touch for the Need EICOnline training newsletter on EICDataStream? Visit Please www.the-eic.com/Forms/NewsletterSignup contact membership@the-eic.com

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One-to-one with Matthew Crewe Managing Director, Green’s

Green’s is a world leader in the design and manufacture of bespoke waste heat recovery systems which includes its patented fuel economisers. Green’s combines innovation and engineering expertise to help companies around the world reduce emissions, improve efficiency and save money. Alongside its engineering and production capabilities, Green’s provides comprehensive repairs, spares and maintenance services for virtually all makes of boilers, economisers and related equipment.

Enhancing efficiencies and maximising production are key industry topics these days. How is Green’s helping its clients in these areas?

Our waste heat recovery systems and economisers typically bring energy suppliers, from biomass through to traditional coal and gas plants, savings of around 15% on their fuel bills. Our bespoke solutions capture the heat generated as a bi-product of energy production enabling it to be used for other applications which reduces emissions, improves efficiency and saves money.

What were the highlights of the last year for Green’s?

We generated record sales – up 25% on the previous year, which was a fantastic achievement by our hard working team and enabled us to take on new staff across the business. This includes experienced technical and sales people who have been attracted to join us at an exciting time of business development through to graduate engineers.

We also reintroduced an apprenticeship scheme which is great for introducing young people to engineering and manufacturing as well as for Green’s. Increasing international sales have seen our systems, and our people, shipped to some new farflung destinations during 2016 including Australia and Vietnam.

And what plans do you have in place for the next 12-18 months?

We plan to build on the success of the past year by increasing awareness of Green’s and the commercial and environmental benefits our products bring. We have recently commissioned a new finning production machine which will double our capacity and we are about to open an additional factory in Wakefield. We’ve also launched a new website and we’re getting more active on social media so that we can engage online with our current and prospective customers. Also, our growing team plans to get out talking face-to-face to people in the energy sector to ensure we continue to meet their needs.

We are extremely proud that our products have been designed and made in the UK for almost one hundred years and have been supplied to more than 400 power stations with boilers ranging from 100MW to 1,000MW.

How has Green’s responded to the Brexit vote?

Because a lot of our systems are exported, the weak currency rates have been advantageous for us.

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We are optimistic that longer-term there will not be restrictions on skilled people coming to work in the UK. Our workforce is strengthened by its diversity and we will continue to make efforts to ensure that this is maintained.

How does Green’s keep up with the rapidly changing needs of energy providers?

By talking to our customers, we try to anticipate their needs and respond to them appropriately. For example, many customers want a representative close to them so we have added to our network of agents and distributors to provide on the ground global presence.

Last year we conducted a survey among purchasing professionals which showed that delivery, price and good supplier relationships are the most important factors that influence buying decisions. This has resulted in us focusing our efforts on improving our backoffice systems and services and investing in our aftermarket services such as spares sourcing and supply.

Any EIC members who wish to be profiled in this section please contact Edward White, EIC Editor and Communications Manager edward.white@the-eic.com

New EIC members NEW GLOBAL MEMBER

NEW GLOBAL MEMBER

Helideck Certification Agency (HCA)

Renown Engineering Ltd

WorleyParsons Europe Ltd

Unit 4 Grandholm Crescent Grandholm Aberdeen AB22 8AZ

Northumberland Business Park West Dudley Cramlington NE23 7RH

Building 1 Manchester Green 341 Styal Road Manchester M22 5LG

The Nominated Representative is Mr Alex Knight, Managing Director

The Nominated Representative is Mr John Hamilton, Managing Director

Telephone +44 (0)1224 704 048

Telephone +44 (0)191 250 0113

The Nominated Representative is Ms Sian Evans, Business Development & Proposals Co-ordinator

Email alex.knight@helidecks.org

Email john.hamilton@renown-group.co.uk

Web www.helidecks.org

Web www.renown-engineering.co.uk

Helideck Certification Agency (HCA) is recognised as a world leader providing inspection and certification services for offshore helidecks. HCA is based in Aberdeen, Scotland and has satellite offices in Norwich, England and Bergen, Norway.

Renown Engineering Ltd, part of the UK based Renown Group, is a supplier of engineered products to the energy, infrastructure, and defence sectors. Operating from three sites in the north-east of England, Renown Engineering designs and manufactures a range of products and provides manufacturing services for a global client base.

HCA works closely with civil aviation authorities to license and provide guidance on helipad layout and dimensions for various helicopters to ensure the helideck meets or exceeds current legislation, international standards and recommended practices. HCA has recently opened an office in Kuala Lumpur, Malaysia with the intention of creating a centre of excellence in the region in order to build on, and consolidate, its position as the leading authority on all matters relating to the safe and compliant operation of helicopter landing sites. This office has been given Malaysian DCA approval.

Operating to international standards, Renown Engineering provides fabrication, machining, welding and coating, and has the capability to manage contracts through manufacturing to completion. Renown Engineering designs, manufactures and installs the Pensher Skytech range of specialist doors and windows for applications including blast, ballistic, fire, security and nuclear.

Visit www.the-eic.com/Forms/NewsletterSignup

Telephone +44 (0)161 435 2400 Email sian.evans@worleyparsons.com Web www.worleyparsons.com WorleyParsons delivers projects, provides expertise in engineering, procurement and construction, and offers a wide range of technical and operational management consulting and advisory services. WorleyParsons covers the full lifecycle, from creating new assets to sustaining and enhancing operating assets, in the hydrocarbons, minerals, metals and chemicals and infrastructure sectors. WorleyParsonsâ&#x20AC;&#x2122; services range from concept and feasibility studies, through front end engineering design packages to detailed engineering and full project and construction management scopes. WorleyParsonsâ&#x20AC;&#x2122; resources and energy are focused on responding to and meeting the needs of its customers over the long-term and thereby creating value for shareholders.

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Member news Cresent appoints new operations director

Control of work and health and safety specialist Crescent has announced the appointment of Warren Thomson as its Operations Director. Warren, who joined the company in 2012, has also been made a member of the Cresent board. Cresent finished the end of last year by successfully signing off the project completion documents on its first major nuclear contract, worth around £0.5m. Warren had overseen the delivery of the twoyear project, from initial gap audit to handing over the bespoke safe system of work system and the associated training.

As we continue to see our business expand into new markets, such as utilities and the chemical industry, Warren’s ability and track record will continue to complement Cresent’s heritage in oil and gas. Jim Land, CEO, Cresent

Commenting on his new appointment Warren said, ‘This is an exciting time both for me as an individual and for Cresent. We are increasingly active within sectors and locations that, in years gone by, the firm may not have considered and are being invited to explore opportunities that will lead to new streams of business being won.’

For more information: www.cresent.co.uk

New appointments for DNV GL

DNV GL, a multinational provider of risk management services, is further developing its consultancy services to address key industry challenges such as enhancing safety, efficiency and performance. To drive this process, DNV GL has appointed Peter Boyle as Aberdeen Operations Manager and John Morgan as UK Business Development Leader for Risk Advisory Services. Both positions will be based in DNV GL’s Aberdeen office. Peter Boyle has worked for DNV GL for 22 years. A chemical engineer, he specialises in safety engineering, providing consultancy services for many oil and gas facilities globally, and in managing significant asset integrity projects. A Senior Principal Consultant, John Morgan has 22 years’ leadership and technical experience with DNV GL and its predecessor companies. He is an expert in safety regulation and chairs the UK Oil and Gas Major Hazards Technical Group.

For more information: www.dnvgl.com

DTL wins work on Greece’s largest coal-fired power plant

Damper Technology Ltd (DTL) has been contracted to design and manufacture the complete supply of dampers for the Agios Dimitrios power station refurbishment project. The 1,600MW coal-fired power plant, located in near Agios Dimitrios, in Kozani, is Greece’s largest power plant.

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DTL will supply over 300 damper units in varying sizes and functionality to the project to renovate four of the plant’s flue gas heat recovery system units. The Nottingham-based company will supply a wide range of dampers including circular and rectangular frame butterfly and multilouvre types.

For more information: www.dampertechnology.com

Ellis runs cable cleats across the River Wear

Cable cleat specialist Ellis has developed a bespoke solution for Balfour Beatty to safely secure power cables running the length of the New Wear Crossing in Sunderland. Currently under construction, the new two span cable-stayed bridge features an A-frame pylon rising to 105 metres and will span the River Wear between Castletown on the north bank and Pallion on the south. Ellis was approached by Balfour Beatty after its initial plan to secure the cables proved unworkable. Although Ellis had no suitable, standard alternatives, the company’s innovative product development team went back to the drawing board and developed a project specific solution that finally secured the order. Richard Shaw, Managing Director of Ellis, said, ‘In the past if we didn’t have a standard product for a project we’d been asked to quote on that would have been the end of it. Today if we don’t already have the perfect solution we will design and manufacture it.’ Designed to support Emtelle ducts, which in turn support the power cables running the length of the bridge, the Ellis solution incorporates 252 specially designed assemblies,

Member news

Once complete, the Wear Crossing will carry two lanes of traffic in each direction, plus dedicated cycle ways and pedestrian footpaths. It is scheduled to open in spring 2018 and will be twice the height of Nelson’s Column.

For more information: www.ellispatents.co.uk

Hornsea One contract heralds First Subsea’s diversification into offshore wind

First Subsea, a Lancaster-based business, has signed a multi-million pound contract with DONG Energy to provide 151 cable protection system units to the Hornsea Project One wind farm, set to be the world’s largest offshore wind farm once complete. The significant order is the first major UK contract in offshore wind for the company, which specialises in mechanical connectors. First Subsea enjoyed huge success in the oil and gas industry for many years, however, the downturn in oil prices led the company to diversify into the offshore wind sector.

Duncan Clark, Hornsea Project One Programme Director said, ‘Offshore wind development in the UK is thriving and we’re seeing a lot of firms diversify from oil and gas into this rapidly growing industry. DONG Energy is also an example of this, having been oil and gas focused for many years we recently announced our intention to sell our oil and gas division.’ Hornsea Project One, located 120km off the Yorkshire coast, will be the first offshore windfarm with a capacity over 1GW and be capable of powering well over one million homes.

For more information: www.firstsubsea.com

Open day success for HTL Group Scotland Controlled bolting specialist HTL Group Scotland has opened its doors to showcase its full suite of capabilities at its new facility in Dyce, Aberdeen.

The company welcomed visitors from a range of sectors to see the extensive group capabilities first hand including demonstrations of their core OEM products and joint integrity software, as well as providing a tour of the new facility and HTL’s brand new mobile exhibition, the HTL Expo Unit.

The opportunity to see the new facility and HTL’s OEM controlled bolting and ancillary products on display offered attendees’ the chance to learn more about the customer focused solutions available from the experienced and friendly team at HTL Group Scotland. An insight into the ECITB approved training offered by HTL Group Scotland also formed part of the busy day. The dedicated training centre within the facility allows for ECITB approved MJI training to be delivered with fully equipped practical training rigs and premium quality classrooms for theory elements. Commenting on the successful open day, Marc Gerrard, Business Manager, HTL Group Scotland said, ‘With over 100 current and prospective clients passing through the doors, the event was a huge success for us and there was a genuine buzz about the facility all week. Many of our guests were only aware of a fraction of our capabilities and could see clearly where the HTL Group portfolio can add additional value to their business.’ HTL Group Scotland is planning a series of open days throughout the rest of 2017.

For more information: www.hiretorque.com

HTL

each comprising 12 standard 2F+172 clamps and a stainless steel support frame.

John Shaw, First Subsea Managing Director, said, ‘This contract is the culmination of years of hard work at First Subsea and a very proud moment for us all. We recognised the growth of the renewables industry, particularly offshore wind, and knew it would be hugely beneficial in the long-term if we were able to diversify. ‘Delivering on this contract with a global player like DONG Energy will demonstrate our capabilities to the rest of the offshore wind industry, both in the UK and Europe too. I can’t stress how much of a great opportunity this is for our business.’ Sign up for the EICOnline newsletter

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Member news

Pentair and Tranberg join forces

Leading provider of electrical heat-tracing solutions Pentair, has announced a new collaboration with Tranberg AS, a supplier of highquality lighting, heating and stainless steel enclosures for marine, oil and gas and helideck applications.

Tranberg AS is now sole distributor for Pentair’s Raychem industrial heat tracing products used for winterization in marine and helideck applications. Tranberg AS has also become a non-exclusive distributor in Norway for Raychem industrial products and services.

When working in arctic offshore environments, our clients need operational reliability at all times. By connecting Tranberg’s expertise and winterization design capabilities with Pentair’s heat tracing experience and engineering capabilities, we can offer our customers the best in terms of products, services and support. Rick Newell, Special Applications Manager, Pentair

Thomas Linkenheil, Managing Director at Tranberg adds, ‘Tranberg’s integrated winterization solutions, powered by Raychem, are compliant with the latest international regulations and guidelines such as DNV-GL, so our customers get full peace of mind.’

For more information: www.pentairthermal.com

The collaboration aims to provide customers with the safest, most reliable and energy efficient integrated winterization solutions for operation in arctic climates.

Siemens SGT-700 industrial gas turbine

Siemens to supply rotating equipment for petrochemical project in Oman

Siemens and its Dresser-Rand business will supply two gas turbinedriven compressor trains and two gas turbine generator packages for the Liwa Plastics Industries Complex, a major petrochemical project in Oman. The natural gas liquids (NGL) extraction plant in Fahud, situated approximately 300 kilometres southwest of the capital of Muscat, is part of the industrial complex. The order was placed by the South Korean construction firm GS Engineering & Construction Corporation for the state-run oil refinery and petrochemical provider Orpic, which will operate the plant and the industrial complex. The NGL extraction plant is expected to go into operation in 2019 to extract liquefied natural gases. The scope of supply includes four Siemens SGT-700 industrial gas turbines. Two of the gas turbines each drive a barrel-type turbocompressor (STC-SV) for lean gas compression. The lean gas will be routed back to the national natural gas distribution system.

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The other two gas turbines, each of which drives a generator, will supply electricity to the Fahud NGL plant to extract natural gas liquids and provide waste heat for the NGL extraction process. The extracted NGL from rich gas feed will be transported via a pipeline from Fahud to Sohar. NGL is the feedstock for the petrochemical complex in Sohar. The Liwa Plastics Industries Complex will turn NGL into polyethylene and polypropylene plastics. This will enable Oman to produce polyethylene for the first time.

For more information: www.siemens.co.uk

Sparrows Group retains BP North Sea operators and maintenance contract

Global provider of engineered products and services Sparrows Group has successfully retained its current North Sea mechanical handling and crane management contract with BP, which will extend the working partnership between the two companies to over 50 years.

New EIC members Social media Member round news up

Social media round up We want to use every opportunity to connect with our members, so please follow us on Twitter (@TheEICEnergy) and connect with us on LinkedIn – Energy Industries Council (EIC). Below you’ll find a selection of some of the exciting EIC activities and useful industry information we’ve shared through our social media channels.

The contract sees the lifting and mechanical handling specialist operate and maintain all 21 of BP’s pedestal cranes in the North Sea across eight assets. This includes the soon to be commissioned Clair Ridge platform and Glen Lyon FPSO. The full scope of the mechanical handling and crane management contract covers the supply of crane operators and maintenance of the pedestal cranes as well as all other mechanical handling equipment which includes inspection, repair, refurbishment and spares management. As part of the contract Sparrows will also deliver training and engineering support for all lifting scopes which includes equipment change-outs and decommissioning activities.

The EIC @TheEICEnergy Bookings open to all UK registered companies for the UK pavilion at @ADIPECOfficial. All details: bit.ly/2lykT7J #ADIPEC2017

The EIC @TheEICEnergy We were delighted to partner with @raconteur on their Future of Energy report, available now in @thetimes & online: bit.ly/2lCcmhj

Energy Industries Council (EIC) The EIC and Nuclear AMRC signed an MoU to work together to promote global opportunities in the nuclear industry and support UK companies: bit.ly/2n93l0y

The two firms have a long history together, with Sparrows servicing all of BP’s North Sea crane operations and maintenance requirements since 1975. Sparrows first sent crane operators to the Forties Alpha and Charlie platforms in June of that year.

For more information: www.sparrowsgroup.com

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April 2017

Forthcoming events 5 April Management Course

EICDataStream Overview EIC Kuala Lumpur

7 April Corporate Entertainment

Topgolf

Topgolf, Houston

11 April Industry Overview

Fundamentals of Upstream EIC Houston

12 April Business Presentation

Southern Region Member Update EIC London

13 April Management Course

Effective Appointment and Management of Local Agents

May 2017

EIC London

1 May Overseas Exhibition

20 April Management Course

EICDataStream Overview EIC Rio de Janeiro

25 April HSE Training

The ATEX Directives SGS Baseefa, Buxton

25 April Sector Showcase

Opportunities in Iran H Hotel, Dubai

27 April Technical Workshop

Introduction to Centrifugal Pump Design and Manufacture SPP Pumps, Coleford

27 April Industry Overview

Fundamentals of FPSOs EIC Rio de Janeiro

16 May Business Presentation

Offshore Technology Conference

Scottish Member Update

OTC is the largest oil and gas industry event featuring more than 2,400 exhibitors and attendees from 120 countries.

This event will focus on global upstream opportunities and support for companies looking to export to new markets.

NRG Park, Houston

4 May Industry Overview

Fundamentals of Oil and Gas EIC London

16 May HSE Training

The Pressure Equipment Directive Lloyd’s Register, EIC London

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Dräger Offices, Bridge of Don, Aberdeen

18 May Technical Workshop

Introduction to Compressors

Dresser-Rand, a Siemens Business, Frimley

20 May Overseas Delegation

Overseas Delegation to Iran Tehran

For more information and to book visit www.the-eic.com

May 2017

Forthcoming events

22 May Overseas Delegation

Overseas Delegation to Myanmar Yangon

31 May Industry Overview

Fundamentals of Subsea EIC London

June 2017

To book please contact emily.light@the-eic.com

1 June Industry Overview

Fundamentals of FPSOs EIC London

15 June Management Course

Bidding to Win â&#x20AC;&#x201C; How to Beat the Competition without Cutting Prices Rothera Group, EIC London

This course focuses on key concepts from careful evaluation and incorporation of customer requirements to successful management of the entire bid process. You will learn useful techniques to justify higher pricing and ensure your proposal beats your competitors. To book your place contact emily.light@the-eic.com

23 May EIC Connect

EIC Connect Oil & Gas UAE 2017 Dusit Thani, Abu Dhabi

Why exhibit? If you have innovative products or services that could benefit UK and Middle East oil and gas companies, showcase them at our exhibition. The exhibition is located in the heart of the venue, with over 400 delegates and speakers attending. To book a stand please call +44 (0)1642 379 975 or visit www.the-eic.com

22 June Technical Workshop

Introduction to Control Valves Severn Glocon, Gloucester

Control valves are used across multiple sectors including upstream, midstream and downstream processes, renewable and nuclear power production. This course examines the design, construction, selection and application of control and choke valves, severe service considerations and the consequences of poor specification and selection. A workshop tour will provide you with practical insight into manufacture, assembly, instrumentation and testing. Engineers, graduates, managers and anyone new to the industry wanting to know more about control valves should attend. To book your place please contact emily.light@the-eic.com

5-8 SEPT 2017

L RE ST AS M AN T AI D NI S NG

Aberdeen, UK Contact fern.canning@the-eic.com Visit www.the-eic.com/Events/Exhibitions/OffshoreEurope

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EIC ABERDEEN LOOKING FOR AFFORDABLE AND FLEXIBLE OFFICE SPACE? The EIC has prestigious offices in the West End of Aberdeen available exclusively to EIC members for lease/lease-share. We are delighted to offer three offices to lease to members. The tenant offices are fully equipped with all the amenities you will need. Whether you are looking to downsize or wish to avoid the complexities of setting up a new office, the EIC can provide the perfect solution for members looking for a base in Aberdeen.

Benefits • Convenient city centre location within easy reach of Altens, Bridge of Don, Dyce and Westhill • Fully furnished, light and airy offices with use of additional conference and meeting space • Free fast wi-fi and reception services • Access to the regional team for support • Free parking for tenants and use of our conference room and kitchen facilities

Offers For a limited time only, the EIC is offering the first month free of charge when signing a 12 months lease. Only need the office for 2-3 days per week? We can offer flexible lease-share options. Contact the Aberdeen team to discuss your needs and availability further. Tel +44 (0)1224 626 006 Email aberdeen@the-eic.com

72 Carden Place, Aberdeen AB10 1UL Tel +44 (0)1224 626 006 | Fax +44 (0)1224 637 393 | aberdeen@the-eic.com | www.the-eic.com Sign up for the EICOnline newsletter

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Overseas events UK pavilions at OE 2017 and ONS 2018

With major developments taking place across Europe, it’s the perfect time to join the EIC-hosted UK pavilions at two leading European exhibitions: Offshore Europe 2017 and ONS 2018.

Offshore Europe 2017 5-8 September 2017 Aberdeen

Offshore Europe is widely recognised as one of Europe’s leading E&P exhibitions. Visited by over 56,000 industry professionals, exhibiting at the EIC pavilion will offer exceptional networking opportunities with the leading E&P decision makers. Emerging markets globally are looking to access Europe’s extensive offshore capabilities, presenting UK companies with many potential export opportunities. Closer to home, there are still plenty of opportunities within Europe. Norway leads in the oil and gas sector, with five field development plans submitted for new projects in 2016.

ONS 2018

27-30 August 2018 Stavanger ONS attracts visitors from across the world and offers exhibitors a platform to showcase their services and products on a truly international scale. One of the industry’s most well established exhibitions, ONS has been held for over 40 years and has developed into a major industry event, with 10 exhibition halls, 27,000sq m of exhibition space and over 65,000 major operators, contractors and decision makers attending from across the oil and gas industry. Norway has some very significant offshore oil and gas developments which are due to start up during 2017/18.

In the same year, over 25 major contracts were awarded in Norway, more than any other country globally. Although the UK saw a reduction in offshore spending, the efficiency improvements that led to a 45% decline in unit costs mean the UK is still an attractive market for investors. Likewise, the UKCS’s mature basins mean it is on the brink of high levels of decommissioning activity that will generate plenty of new opportunities. Exhibiting at the EIC pavilion, which is the de facto UK pavilion, will present your company to attendees from over 100 countries across the full E&P value chain, generate sales leads and promote your products and services on a global level.

Major CAPEX projects due to come online in 2018 include the Aasta Hansteen gas field and Martin Linge heavy oil field. Overall CAPEX on developments set to start production between now and 2024 will be well in excess of US$60bn and include the second phase of Johan Sverdrup, the Snorre 2040 project and the Johan Castberg field. These projects as well as the major discoveries recently made in the Barents Sea make for an attractive market for the UK supply chain now and well into the future. Exhibiting at the EIC-hosted UK pavilion will give your company access to the stakeholders involved in these exciting new projects, while also offering you the opportunity to improve existing client relations, discover new technologies and promote your products and services to the industry.

Join the EIC at UK pavilions

Exhibiting with the EIC provides a wide range of benefits. Our pavilions offer exhibitors an innovative stand design, UK branding to attract visitors, prime location at the show and promotion throughout industry publications. With offices across the world, we offer global industry knowledge and utilise our strong industry relationships to facilitate meetings with key industry players. To find out more about the pavilions at Offshore Europe, ONS and the other exhibitions that we attend around the world, please contact overseasevents@the-eic.com Get in touch Share your news and views...

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23 May â&#x20AC;¢ Dusit Thani, Abu Dhabi, UAE

Spotlight on technology Balmoral Offshore Engineering

www.balmoraloffshore.com

Balmoral Offshore Engineering

BALMORAL SUBSEA TEST CENTRE

A client focused company, Balmoral Offshore Engineering is dedicated to technologically-driven composite and polymer solutions for today’s demanding global subsea and deepwater oil and gas industry. Balmoral Offshore Engineering has invested over £10m in a new facility that is set to revolutionise hydrostatic and mechanical product testing for the subsea, renewables, defence and related industries.

Pre-deployment testing

With the ever-increasing requirement for product testing prior to deployment, and a desire to retain control of costs and schedules, the company created the industry-leading centre of excellence alongside new R&D laboratories and elastomer manufacturing plant at its Group HQ in Aberdeen.

Offering bespoke services

Covering an area of 800 sq m, with a working height of 12m and a lifting capacity of 40 tonnes, the Balmoral Subsea Test Centre trebles the company’s previous capability for bespoke services. Get in touch Share your news and views...

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As well as testing the company’s own products such as buoyancy modules, bend stiffeners and restrictors, the facility is available for third-party use.

Full test traceability and real time observation

Fraser Milne, Engineering and Projects Director at Balmoral said, ‘The test centre offers a turnkey resource for product testing from concept through development and deployment including hydrostatic, mechanical and laboratory trials. ‘In a “first” for the industry, bespoke software has been commissioned that allows full test traceability and real time observation from anywhere in the world.’ Each test vessel can be fitted with chart recorders, pressure and temperature data loggers that provide highly detailed results to depth equivalents of 10,000msw for analysis. ‘With an eventual total of 14 test vessels being available, the centre is unique and offers great potential across many sectors,’ concludes Milne.

TRUSTED TRAINING FROM ENERGY EXPERTS Plan ahead, reduce your training costs Our discount options allow you to expand your skills and knowledge, not your company’s training budget. EIC training courses are run by professionals with years of experience working in the industry. So whether you’re new to energy or keen to build on what you know, we’ll have the right course for you and your budget.

EARLY BIRD BOOKINGS Book up to 6 weeks before the course save 10%

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MULTIPLE BOOKINGS Book 3 courses save 10% Book 5 or more save 15% Our varied programme includes:

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Comprehensive sector overviews Business skills development Regulatory compliance Technical workshops hosted on-site by leading manufacturing companies

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Online: www.the-eic.com

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Middle East news Regional update

The highlight of April is our Iran Showcase event where, in a first for the EIC, we will welcome a representative from the US administration setting out exactly where the Terry W illis US government stands with regard to Iran, the sanctions regime and prospects for future policies.

SNC-Lavalin wins Salalah ammonia plant

SNC-Lavalin has been awarded a contract by Salalah Methanol Company LLC for the engineering, procurement and construction of the anhydrous liquid ammonia plant project, in the city of Salalah, located in the Sultanate of Oman. The project is expected to begin this month with SNC-Lavalin initially performing the early works programme. Scope of works also includes utilities and offsite infrastructure. The facility will produce anhydrous liquid ammonia using a technology provided by Linde Group. SNC-Lavalin’s Abu Dhabi office will be responsible for the project delivery, supported by local and international resources. © 2003-2017 Shutterstock, Inc

Unfortunately, there are still a lot of misconceptions about the legality of UK companies doing business in Iran. Here at the Dubai office, there are constant enquiries from member companies who have heard or even been advised that it is not possible to do business in Iran. We very much hope that our event will be able to clarify the situation and enable companies to formulate their business development plans to target this important and emerging market. Also available on the day will be the newly published EIC Iran Country Report prepared by our oil and gas team, which will be free of charge to members.

Regional news

Our delegation to Iran planned for May is the perfect chance for companies to find out first-hand about the wealth of opportunities available in the country as well as meet senior Iranian energy industry figures.

Arrangements for EIC Connect Oil & Gas UAE next month are progressing nicely with delegate bookings now open. There can be no doubt that it will be an exceptional event given the degree of support we have received from ADNOC and its operating companies. For companies considering expanding their operations into the Middle East, this event is a must. Congratulations to William Hare for winning the EIC Middle East Golf Tournament. It was a great day and we eagerly await next year’s event. Finally, we are pleased to welcome Jude Antony to the Dubai team. As Research Analyst he will be instrumental in adding value to EICDataStream. Terry Willis, Director, Middle East, Africa & CIS terry.willis@the-eic.com Get in touch Share your news and views...

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CNPC acquires interest in ADCO

China National Petroleum Corporation (CNPC) has joined BP (10%), Total (10%), Inpex Corporation (5%) and GS Energy (3%) as stakeholders in the onshore concession and shareholders of Abu Dhabi Company for Onshore Petroleum Operations (ADCO). CNPC signed a US$1.77bn deal with Abu Dhabi National Oil Company (ADNOC) for an 8% interest in Abu Dhabi’s onshore oil concession, operated by ADCO. The agreement has a term of 40 years, backdated to 1 January 2015.

Forthcoming events

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Asia Pacific news Regional update

It’s been generally accepted that oil prices have stabilised in recent months following the decision by OPEC to cut production in late 2016. Azman After a two-year struggle to Nasir stay afloat, activity in Asia’s oil and gas sector is finally starting to show signs of a revival.

Leading companies in the region are now beginning to test the economic viability of exploration and development projects, and some are even ready to seal deals. It seems that the worst is over for the E&P industry in Asia and if oil prices continue to march toward US$60/barrel, we should see a gradual increase in E&P spending in Asia, with a focus on offshore China and the development of previous discoveries in Indonesia, Malaysia, the Philippines and Vietnam.

Shell’s agreement at the end of January to sell its stake of more than 22% in the Bongkot field in Thailand to stateowned Kuwait Foreign Petroleum Exploration Company has sent a strong signal that the market is starting to become conducive to signing deals and that companies are more willing to buy assets. There is certainly a significant increase in mergers and acquisitions in South East Asia as assets are becoming available and more affordable. We are also seeing an increase in operations and maintenance activities by operators and asset owners. At the EIC Asia Pacific office we are looking forward to the overseas delegations to Myanmar in May and to China in October. We will also be holding member briefing sessions in different cities around Asia Pacific including Singapore in July and Jakarta in October. Members are encouraged to take this opportunity to gain market insights and make industry contacts by participating in these overseas delegations and the planned business briefings. Azman Nasir, Head of Asia Pacific azman.nasir@the-eic.com Sign up for the EICOnline newsletter

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Regional news

Thai Oil targets 100% refining rate in 2017

Thailand’s largest oil refiner Thai Oil aims to run its refinery at 100-103%, with the possibility of achieving 108% of its 275,000bbl/d capacity in 2017, and has no plans for any maintenance shutdowns. The company’s investment budget for infrastructure for this year is between US$143 and US$171m. Thai Oil also has plans to expand its refining capacity to 400,000bbl/d over the next five years.

Pertamina to invest US$1.6bn in fuel storage

Indonesian state-owned oil and gas company PT Pertamina will set aside US$1.6bn to develop new fuel storage tanks as part of a move to increase national fuel stocks. Allocated funds of approximately US$1.3bn will be used to build storage tanks, while the remaining balance will go towards developing pipelines. The new development will see Pertamina’s storage tanks increase in capacity to 7.02 million kilo litres (KL) from 3.96 million KL at present.

Sinopec to spend US$29bn upgrading four refining bases

China’s Sinopec group plans to invest US$29bn to upgrade four refining bases between 2016 and 2020 to produce higher quality fuels. The company is applying more stringent fuel standards in its battle against pollution. After the upgrades, the total refining capacity of the four refining sites will reach 130m tonnes per year, while ethylene capacity will reach 9m tonnes per year.

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North and Central America news Regional update We are pleased to announce that online booking is open for EIC Connect Oil & Gas USA 2017, which will take place in Houston on 3 October 2017 at Norris Conference Centers, Houston.

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The event will include one-to-one meetings with operators and contractors, a series of contractor briefings to outline pre-qualification processes, two high-level conference sessions with NOCs, IOCs and EPCs to update delegates on market conditions, a regional project update session to inform attendees on key market opportunities, two panel discussions to enlighten companies on how to compete in the North and Central America market as well as a panel discussion covering the very important and topical issue of diversification. EIC Connect Oil & Gas USA 2017 is a valuable event for any company wishing to present a new or innovative product and showcase a successful service or technology. We have launched ten 10x10 exhibition booths and four sponsorship packages which will allow companies to promote themselves to a perfect target audience of high level oil and gas industry decision makers for a fraction of the cost of exhibiting/sponsoring at mainstream, commercial exhibitions and conferences. Sponsorship packages include Platinum (Lunch) Sponsor, Evening Reception Sponsor, Lanyard Sponsor and Registration Area Sponsor. For more details on sponsorship and exhibition packages, please contact us houston@the-eic.com Our local members recognise the abundance of opportunities available in Houston and its strategic importance as the gateway to the global energy market. Situated in the heart of Houston’s Energy Corridor, the EIC’s Houston office offers a LaunchPad service to help members expand into this region and successfully pursue the business on offer. We offer fully furnished office spaces, hot desk options and a multi-functional state-of-the-art conference facility. If you need assistance, or for information about our EIC LaunchPad services and upcoming events and training, please contact natalia.bueno@the-eic.com Amanda Duhon, Regional Manager, North & Central America amanda.duhon@the-eic.com Get in touch Share your news and views...

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Regional news

Rick Perry announced as the new US Energy Secretary

The US Senate has confirmed Rick Perry, who served as governor of Texas between 2000 and 2015, as the Head of the Department of Energy following a 62-37 vote. During his confirmation hearing on 2 March, Perry touted his ‘firsthand experience’ with the shale boom as well as the development of wind farms in Texas during his tenure as governor. Although he is known for his sceptical remarks on climate change, Perry said he had a strategy for the energy sector, including not just fossil fuels but also nuclear and renewables options.

Mexican presidential hopeful opposed to reforms

Andres Manuel Lopez Obrador, leader of Mexico’s leftwing National Regeneration Movement (MORENA) party and already a nominee in the 2018 general elections, has made known his opposition to the sweeping energy reforms carried out by the Peña Nieto administration in 2013. One of Obrador’s advisors has said that his administration would review existing contracts and leave in place only those which are beneficial to Mexico, referring to the deepwater auction held in December 2016 which awarded E&P contracts to Chevron, ExxonMobil and Total, among other IOCs. Obrador has emerged as a strong contender in Mexico’s upcoming elections due, in part, to his nationalist rhetoric following the election of Donald Trump to the US presidency and his Mexico related proposals.

Forthcoming Events

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South America news Regional update

Places at our Opportunities with Premier Oil event at the end of February were snapped up very quickly and the event certainly did not disappointment. Our office was packed with Clariss e Roch attendees who came to hear a Premier Oil’s Brazil Project Manager Nathan Biddle explain why the company chose to develop the Ceará’s basin, as well as provide a briefing on their other projects and describe the company’s procurement procedures. It was a really well received presentation with all the attendees saying how excited they were by the opportunities on offer with Premier Oil. On 20 April our Regional Analyst Pietro Ferreira will be carrying out a free EICDataStream training session exclusively for our members. We want to make sure our members know all about its incredible features and how they can help you develop your business, so please do book your place. A week later on the 27th we’ll be hosting the Fundamentals of FPSOs course where delegates will learn about the main uses of an FPSO, their different parts, the advantages of using this kind of unit to produce an oil field and legislation surrounding their use.

The Opportunities with Premier Oil event was fully booked

If you need any assistance in the region or for more information about upcoming events, please don’t hesitate to contact me. Clarisse Rocha, Head of Americas clarisse.rocha@the-eic.com

Regional news

Brazilian O&G local content requirements modified

The Brazilian government announced in late February new local content requirements for the exploration bidding rounds scheduled to take place later this year. While onshore blocks will have a broad requirement of a 50% local content for both the exploration and production stages, local content for the offshore segment has been set at 18% for exploration, 25% for well construction, 40% for subsea gathering and export and 25% for production units (down from the current 65%). The modifications will only be applied to new E&P contracts (including those related to pre-salt areas) and will not affect projects already under development. These changes will be reviewed by a special committee on local content and will then be submitted to the government’s energy policy panel CNPE for approval.

Peru to seek new developer for Sur Peruano pipeline

The Peruvian government is seeking bids from companies interested in becoming the administrator of the half-finished Sur Peruano gas pipeline. Currently the largest energy project in Peru, the US$7.3bn pipeline was being developed by a consortium led by the Brazilian construction giant Odebrecht, which failed to secure financing guarantees for building works. It is understood that the administrator will be responsible for managing the existing infrastructure until a new developer is selected via a tendering process that will be held later this year.

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