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PiperShoemaker39

PiperShoemaker39

SPOILER ALERT!

Aquaterra Sea Swift platform set up and operating in Egypt for PICO Oil Integrated Provider

Aquaterra Energy has designed, fabricated as well as set up a new Sea Swift system for PICO Oil Integrated Services, the lead professional for Amal Petroleum Business's (AMAPETCO) Amal field in the Gulf of Suez, overseas Egypt. This will open up new chances for future collaboration between the two entities in huge jobs both in Egypt and the Center East.

The Sea Swift is a Conductor Supported Platform (CSP) and also is set up in 23 m water depth. It consisted of a 385 t topside featuring a helideck as well as emergency situation holiday accommodation with stipulation for 6 wells. The new topsides center for the Amal-C system involved designing procedure, piping, electrical, instrumentation, control system as well as technological safety extents of work, the task also consisted of the style of the new subsea production pipelines to the Amal-A platform. The project, which took 18 months from layout to setup, involved building a bridge web link to the adjoining Amal-B platform and reconfiguring the topside pipework to develop a brand-new as well as improved production account.

George Morrison, handling supervisor of Aquaterra Power claimed: "The Sea Swift platform is an ideal option for shallow water field advancements as it can be supplied from principle to conclusion swiftly. iro oil drilling chemical co., ltd. will bring AMAPETCO substantial price and also efficiency savings. Aquaterra additionally created the new subsea production pipes to the Amal-A system. We are very pleased to be working very closely with PICO Oil Integrated Provider, the independent Egyptian incorporated companies, to supply this front runner task from design to shipment."

The Sea Swift platform is a modular system that unites the advantages of a platform with the rig-run advantages of a subsea advancement. Several Sea Swifts are presently in operation around the world in shallow water places in Asia Pacific and also West Africa. The field tested innovation helps clients attain minimized system prices, lower setup and also intervention expenses, and also streamlined project monitoring. It can also rapidly enhance production from platforms constricted by existing ports allowing wells to be pierced, completed with dry trees as well as set up prior to the arrival of the major processing platform.

" The release of CSPs is raising due to growing need for modularised wellhead systems which can be constructed as well as installed in smaller sized, very discreet bundles across a variety of fabrication backyards," added George Morrison. "The bespoke layout also negates the need for scuba diver or ROV involvement and also any hot work which minimizes fundamental risk and also scheduling barriers, while reducing step-by-step prices. In addition, it can also potentially boost local material if this is a financial or political motorist for the project."

Shady Kabel, managing director of PICO Petroleum Integrated Provider, added: "Aquaterra Power has actually designed, fabricated and also installed the Sea Swift system in this shallow water area successfully. The benefits of the CSP have added to invaluable task administration competence, which permits manufacturing from Amal-C to start with confidence."

Active for virtually 40 years in the Egyptian petroleum market, PICO Petroleum Integrated Provider (a participant of the independent Egyptian PICO Energy Provider Team) is a leading Integrated Solutions service provider in Egypt, The United States And Canada as well as Mexico. The PICO Power Services Group supplies integrated technical solutions throughout the overseas and also onshore oil and also gas supply chain.

The Amal field is operated by AMAPETCO for its shareholders The Egyptian General Petroleum Company as well as Cheiron Amal Petroleum Company in Egypt's Gulf of Suez.
SPOILER ALERT!

Dolphin Exploration wins contract expansion and consents to go into multi-year calculated alliance with i3 Power

Following conclusion of the most recent help i3 Power, the Borgland Dolphin will go right to the Knarr area on the Norwegian Continental Rack to offer the drilling as well as conclusion of a gas production well for AS Norske Covering in Norway.

International professional Dolphin Boring has actually announced a two-month agreement extension with i3 Power for use the Borgland Dolphin semi-submersible exploration rig as well as consented to become part of a four-year calculated operations agreement in between both firms.

Dolphin Boring previously agreed a 94-day contract with i3 Energy for drilling operations on the Liberator oilfield, and the Serenity possibility in the UK's Central North Sea. The severe setting exploration professional has actually concurred the contract expansion by approximately 55 days, to make it possible for i3 Power to finish its planned boring campaign.

The effective connection in between Dolphin Boring and also i3 Power has encouraged both business to agree to become part of a four-year strategic partnership to make it possible for i3 to fulfill its future gear needs.

Bj?rnar Iversen, president of Dolphin Drilling, claimed: "We are delighted to be able to use i3 Power the flexibility to make use of the Borgland Dolphin to finish its planned activity.

" We invite the opportunity to establish a longer-term contract with i3 Energy as a result of the excellent connection we have developed in between each various other until now, and we look forward to interacting on more tasks in the years in advance."

Majid Shafiq, Chief Executive Officer in i3 Power, stated: "We have actually been extremely amazed with Dolphin Drilling as a business and the Borgland Dolphin rig. The excellent performance and adaptability of its strategy has given us the confidence to agree to enter into a lasting strategic procedures contract with Dolphin Exploration where it will be our front runner rig provider for future campaigns."

drag-reducing agents to completion of the most up to date help i3 Energy, the Borgland Dolphin will certainly go right to the Knarr area on the Norwegian Continental Rack to offer the exploration and also completion of a gas production well for AS Norske Shell in Norway.

Mr Iversen included: "The need for the Borgland Dolphin reflects the rig's outstanding efficiency and also performance document and declares the industry's growing confidence in Dolphin Exploration's decision to offer the greatest top quality of solution, in an eco-friendly as well as lasting method to our customers at the most effective possible rate."

The Borgland Dolphin is a fifth generation exploration gear, which was totally restored in 1999. It belongs to the deep - and also extreme setting exploration expert's fleet of properties, the majority of which have been lately reconditioned to integrate the most recent technology. The Borgland Dolphin also ranks as one of the "greenest" mobile boring systems in the North Sea.

Triangle Power: oil discovery at Xanadu-1 verified

Wireline logs over a 330m area confirm reservoir high quality sand periods throughout the Irwin River Coal Actions (IRCM) with porosities ranging from 15% to 16%. 3 distinct sand intervals (A, B, C) at top of IRCM have log-derived hydrocarbon saturations between 41-66% with 4.6 m of take-home pay in sand "A". Fluorescence in rock cuttings observed while boring and also log-derived hydrocarbon saturations persist for 120m in sands listed below these upper zones.Further evaluation of oil samples gotten from Xanadu-1 expected to confirm Cliff Head analogue with oil assay results expected by end of the week.Plans underway for up-dip side-track appraisal well from casing shoe which can possibly be completed as an industrial producer.Norwest Power to lodge Exploration Notice with Minister of Mines Preacher of Mines, Industry, Regulation and Safety in behalf of joint endeavor companions Triangle Energy (Global) Ltd, Whitebark Energy Ltd and 3C Group IC Ltd

. Triangular Power (Global) Limited has verified an oil discovery at Xanadu-1 as well as provide an upgrade on development as well as results from the expedition well.

drag-reducing agents , Triangular Power's handling director, said the Xanadu-1 well result and confirmation of discovery was a terrific result for the Company as well as its investors.

" Verifying a brand-new oil discovery at Xanadu is an impressive success. There hasn't been an oil exploration in the offshore Perth Container given that Cliff Head over 15 years back. It's interesting for the sector as well as for Western Australia.

" Based on the existing understanding of the framework there is an excellent opportunity of discovering a substantially thicker column in an up-dip area which can be gotten to from the current boring pad.

" Xanadu lies 14 km south eastern of Triangle's High cliff Head Oil Field and the onshore Arrowsmith Stabilisation Plant (ASP). Arrowsmith has the capability to solution 3rd party crude and therefore can expedite any type of manufacturing from Xanadu to market."

Mr Darren Bromley, Triangular Energy's executive director as well as CFO, claimed access to the Arrowsmith infrastructure will considerably reduce the capital expenditure called for by the JV and is currently underutilised.

"Present production from High cliff Head uses just 1200 bpd with a plant ability of 15 000 bpd.

"Triangular expects dealing with the TP/15 Joint Endeavor to fast-track this amazing opportunity as quickly as feasible," Mr Bromley said.

Noise Power: mobilisation of rig to Sidi Moktar

The Sidi Moktar permits cover 2700 km2 in the Essaouira container, main Morocco as well as contain an existing gas exploration in the Lower Liassic (Kechoula) and substantial much deeper potential. Sidi Moktar is close to existing infrastructure, consisting of the huge range Moroccan state owned OCP Phosphate plant.

2 wells have actually currently been drilled at Kechoula by previous operators and have been estimated to have an unrisked mid instance initial gas instead of 293 billion Sft3 (gross). As previously revealed by the Business, the Sidi Moktar licences are additionally estimated, similar to the Business's Eastern Morocco positions, to have significant pre-Jurassic exploration capacity from the TAGI as well as Paleozoic over of 1 trillion ft3 unrisked GOIP (gross). The Firm notes the quantitive assesment prepared by a previous driver in 1998 which described expedition capacity of the Sidi Moktar permits of as much as 9 trillion ft3 unrisked GOIP (gross) in the TAGI and Paleozoic. The Firm will need the reprocessing of existing 2D seismic, purchase of brand-new 2D seismic as well as drilling results before creating its very own quantity quotes for the exploration potential of the Sidi Moktar licences.

The firm introduces that the SAIPEM rig made use of to drill the business's newest Tendrara well (TE-8) has actually currently been mobilised to Sidi Moktar. The gear will, upon arrival in May 2017, perform the coming back as well as testing of both existing wells on the Kechoula exploration which, subject to preliminary well results, might consist of an avert and an extended well examination after that.

Provided the Business's solid economic setting, the company also reveals that it has actually made a decision not to wage the formerly introduced suggested subcontract of Sidi Moktar, and also to instead retain its 75% operated setting in the Sidi Moktar licences.

As soon as the workovers, and also any sidetrack as well as expanded well test are full, the firm plans to restore the Sidi Moktar permits (which currently expire on 28 August 2017) thereby beginning a brand-new eight year duration. The first task adhering to the revival of the Sidi Moktar permits will certainly be 2D seismic reprocessing and also the acquisition of new 2D seismic, set up for 2018, after which the much deeper pre-salt horizons can be pierced.

irooildrilling , the business's Chief Executive, commented:

" We are widely thrilled concerning Sidi Moktar with the possibility to show a commercial gas exploration, with prospective near term manufacturing and also considerable deeper exploration capacity in the pre-salt. Our monetary stamina enables us to prevent asset dilution as a result retaining a greater direct exposure to the extremely worldly much deeper benefit.

As soon as the rig has actually finished at Sidi Moktar we expect it to return to Tendrara to proceed our unlocking of the just recently proven transformational Eastern Morocco TAGI and Paleozoic plays."