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Advertisers’ Announcement-Petroboost Technology Enables Viscous Oil To be Readily Produced

Revolution Minerals Ltd has recently introduced a revolutionizing technology in boosting oil and gas well production– PetroBoost®, a patented method for exerting a combined effect on the near-wellbore region of a producing formation.

PetroBoost technology is the result of many years of scientific research and lab testing by leading Russian and Ukrainian scientific institutes focused on research into hydrogen energy.

PetroBoost technology has been successfully tested in collaborations with major oil and gas companies in a broad variety of wells with differing geological conditions. These companies include Gazprom, Novatek, Tatneft in Russia, Eni SPA in Turkmenistan and others.

The PetroBoost technology effectively enhances well production increasing ultimate recovery factors of oil and gas reservoirs. PetroBoost technology is effective in oilfields where traditional stimulation technologies struggle, including viscous oil, those with high paraffin content, oil rims, tight formations, etc.

 

 

 

 

 

 

Contacts:

Address: 86-90 Paul Street, London EC2A 4NE, United Kingdom

Phone: +44 (0) 203 695 2948

E-Mail: info@revolution-minerals.com

 


Advertiser’s Announcement: OILSERV Ltd Commences Massive AKK Pipeline Project

Nigeria is finally on the verge of unlocking huge economic benefits arising from its natural gas endowment. For many years, the country had been hindered by absence of gas transmission pipelines in her bid to harness its abundant gas reserves for provision of gas to generate electricity, and stimulate rapid industrialization using gas as feedstock for fertilisers, ammonia and other petrochemical applications.

The commencement of the NNPC-sponsored Ajaokuta–Kaduna–Kano (AKK) Gas Pipeline project by leading indigenous EPC giant – OILSERV Limited is the cause for this renewed optimism. OILSERV has been awarded the engineering, procurement, construction, installation, testing, and commissioning of the first segment of the 614 km x 40-Inch Gas pipeline, which is from Ajaokuta to mid-way between Abuja and Kaduna. The second segment has been awarded to another company.

Information available to us shows that OILSERV has achieved significant progress in a short spate of time including ongoing detailed engineering design, topographical and geotechnical surveys, haulage and stacking of line pipes in preparation to commence construction activities.

In the words of the Group Managing Director of NNPC; Melle Kolo Kyari “the AKK project is key to resolving the power deficit challenge of the country. Its multiplier effect on the economy and provisions of jobs will be unprecedented. NNPC will give all necessary support to the Contractors to enable them deliver the project within time and within budget”.

Chairman of OILSERV Ltd, Engr. Emeka Okwuosa, gave a pledge that OILSERV will leave no stone unturned to partner with NNPC and make the dreams of 200million Nigerians come true by delivering the AKK project to global quality and standards. In his words, “The capability of OILSERV has been honed in the course of successful delivery of landmark EPC contracts such as lot B of the 48inch OB3 gas pipeline system that is currently being commissioned”.

The optimism and hope that this development represents is a clear elixir that is surely needed by the entire nation at this time. We wish OILSERV, NNPC and everyone else involved in this endeavor, success.


CGG Completes Seismic Imaging of Mozambique’s Zambezi Delta

CGG has announced the completion of three-dimensional(3D) Pre-Stack Depth Migrated(PSDM) seismic dataset from its recent 15,400 sq km multi-client survey of the outer Zambezi Delta in the Mozambique Basin.

The data is now available for licence.

The seismic information was acquired over blocks Z5-C andZ5-Dand surrounding open acreage as part of a multi-client programmeagreed between CGG and Mozambique’s Instituto Nacional de Petroleo (INP).

“The final PSDM data identifies key stratigraphic intervals for a better understanding of the petroleum system and, in conjunction with the high-resolution gravity and magnetic data, brings new information on the basin morphology and its evolution”, CGG says in a statement, adding that its advanced imaging workflow, “including full-waveform inversion (FWI), reveals a high level of detail in this complex geological setting, such as the complex deep marine turbiditic system and associated frontal splays, and the complex faulting pattern and internal architecture of the Beira High”.

CGG’s media relations unit explains that a complementary Mozambique JumpStart™ package is also now available to license with the PSDM seismic data, in order for clients to experience an enhanced exploration decision-making,.“This package provides an integrated geoscience analysis ofall theregional data available and frames itin its geological context in an easily accessible format.

“Data from 11 wells has been analyzed in detail alongside the new seismic interpretation which was supported by hydrocarbon seep identification, high-resolution potential fields data and the full suite of Robertson multi-client geological data sets”.


Prime Atlantic Has Vacancies for Engineers and Geoscientists

PAID POST/ADVERTORIAL

Prime Atlantic, a service provider in Nigeria’s E& P sector, has published a document offering jobs to experienced Electrical and Mechanical engineers, as well as skilled Geoscientists.

The company wants

  • Engineer: Electrical Lead III

Qualification: BSc, BTech or HND in Electrical Engineering

  • Geophysical Quality Control Representative

Qualification: BSc or MSc in Geophysical or Geotechnical Field

  • Engineer: Mechanical Lead III

Qualification: BSc, MSc in Mechanical Engineering

And

  • Geoscience Technical Quality Control

Qualification: BSc or MSc in Geophysical or Geotechnical field

The minimum experience is 10 years

The details of the offer are provided in this link.

Offer loses January 28, 2020.


NIGERSTAR7 Expands Fleet, Re-Flags Seven Antares and Seven Inagha

PAID POST

By Foluso Ogunsan

NigerStar7, the joint venture EPCI ( Engineering Procurement Commissioning and Installation) organisation birthed from the Jagal and SubSea7 partnership, has officially re-flagged its two newly acquired offshore support vessels.

They are now The NigerStar Seven Antares and NigerStar Seven Inagha.

The ceremony took place at its flagship yard NigerDock on a week day of the last week in November 2019.

The SEVEN Antares, named after a star, precisely the fifteenth brightest star in the night sky, is a pipelay vessel running 119metres in length and 32metres in width. It can work in water draughts from 5metres to hundred metres depth, serviceable for shallow and deep water environments.  A 120tonne S-Lay capacity vessel that can lay pipes from 4-60 inches in diameter, boasting a 300 tonne crane situated aft the vessel. Built to accommodate 330 persons on board, the vessel has a clear deck area of 1,370square metres. Combined on-board generated power above 3,705 kilowatts installed with Electronic Fuel Monitoring System. A Helideck sits atop the living quarters.

The SEVEN Inagha, named after a fish, is a specially adapted self-propelled and self-elevating jack-up and accommodation barge constructed in 2011.It spans 83.38metres in length and 39.32metres in width with tri-leg length of 97.5metres. It has two 295tonne cranes which can work simultaneously in tandem and it accommodates 150 persons. Its DP-1 like manoeuvrability eliminates the use of tugboats to change positions during work. It is also installed with the Electric Fuel Monitoring System.

Both vessels have been work-tested in Nigerian waters. The SEVEN Antares recently concluded PUPP-Production Uplift Pipeline Project at ExxonMobil’s Idoho field which ran from August 2018, involving pipe-laying from Idoho to the Qua Iboe Terminal (QIT). The SEVEN Inagha, absent at the re-flagging ceremony, was at work carrying out Platform Revamp Project on all Mobil Producing Nigeria (MPN) platforms in Nigeria. Initially billed as a three-year project, timely completion of project under budget saw it being extended to five years.

 

 


EWT Begins Fabrication of Pressure Vessels for Ikike Oil Field 

PAID POST

Energy Works Technology (EWT) executed the first steel cut for the delivery of four major pressure vessels for the Ikike Oil Field development in the Oil Mining Lease (OML) 99, in shallow water south eastern Nigeria.

The first steel cut ceremony marked the commencement of engineering, procurement and fabrication of an Open Drain Vessel, Closed Drain Vessel, Pig Launcher and a Pig Receiver.

The project was contracted to EWT by TOTAL E&P Nigeria Limited.

The Ikike oilfield development is expected to add 32,000 barrels to Nigeria’s daily crude production. The field is estimated to hold 70Million barrels of crude.

“This project will surely deepen Nigerian local content implementation by creating huge job opportunities for thousands of people”, says Ernest Azudialu-Obiejesi, Group Managing Director, Nestoil, the parent company of EWT.

He adds that TOTAL’s decision to avail EWT another opportunity to demonstrate its sheer capacity as an industrial fabrication company is a vote of confidence on the local capacity of indigenous companies in the sector to deliver on complex projects at all times.

Modestus Nwosu, General Manager of the Ikike Project, for TOTAL E & P, comments that EWT won the contract strictly on its merit. According to him, “EWT shares the same values with TOTAL. We are safety conscious and work with companies that have safety standards; we don’t do business with companies that have poor safety records.”

 


MG VOWGAS To Host Local Content Delegates At Its Yard

PAID POST

MG VOWGAS Group will be hosting a number of distinguished, C-Level Oil Industry Executives at its fabrication yard in Port Harcourt in Nigeria’s Eastern Niger Delta Basin, in early December.

It is the site visit of delegates to the Practical Nigerian Content Forum, organized by the London based CWC Ltd and held annually since 2011. The 2019 fare is the 9th edition.

The CWC has organized this event, every year, as some form of work shopping through Local content requirements and compliance for companies, in Yenagoa, Bayelsa State Nigeria, in concert with the Nigerian Content Development and Monitoring Board (NCDMB). The dates for this year are December 2-5, 2019.

“Delegates and Oil and gas Industry stakeholders will be visiting the facility at MG VOWGAS state of the arts fabrication yard in Port Harcourt for an opportunity to experience Nigerian Content in Action”, says Godwin Izomor, Group Managing Director of MG VOWGAS Limited. “We are proud to be chosen as the 2019  host of the delegates’ tour of the PNC, a tour known as Nigerian Content in Action”.

Izomor emphasized that MG VOWGAS is ASME certified. (ASME refers to the American Mechanical Engineering Certification).

The company, a wholly indigenous (Nigerian) firm, was incorporated in 2006 with the purpose of providing services in Engineering, Procurement, Installation, Construction, Pipeline Turnkey services and Marine Services.

Izomor says MG VOWGAS is the foremost pressure Vessel and Process plant Manufacturer providing services to the upstream production value chain, to the International Oil Companies and Nigerian Independents. Its services include Dish Head manufacturing and Post- weld Heat Treatment, as well as cold cutting, all done in its Mount Zion Fabrication Yard in Woji, Port Harcourt.


Global Supply-Chain Decommissioning Roadmap: Whitepaper

PAID POST

It’s no secret that the global decommissioning market is hotting up in huge leaps and bounds. With enormous opportunities in the pipeline, contracts are being rolled out across the globe over the next 12 months. DecomWorld has put together a brand-new whitepaper – Supply-chain decommissioning roadmap: Pinpointing contractual opportunities and mobilizing resources across global decommissioning markets. What you can expect in the report:

  • Pinpointing opportunities: project pipelines– get a list of assets poised to embark on decommissioning within the next 1-2 years across both the GOM and North Sea
  • AsiaPac – Valued!Get regional market values for decommissioning expenditures across the globe, including AsiaPac and Norway, with insight being shared on when contracts will roll out and when tenders will begin
  • Global Market Deep Dives: Critical analysis on 6 international markets, including UK, Norway, Thailand and GOM, investigating market value, project pipelines, and market characteristics

Download the report for free here

Any questions, please get in touch with Owen, Project Director at DecomWorld at orolt@decomworld.com

 


PAID POST: FREE WEBINAR; Beyond Cement- Seeking P&A Alternatives

With P&A costs accounting for ca. 45% of total decommissioning spend, developments in plugging technology hold the potential to deliver unparalleled savings at end of life. DecomWorld’s upcoming webinar – Beyond Cement – Seeking P&A Alternatives (30 October, 10am CST) – discusses the potential of alternative plugging materials and shares case study insights into the latest technologies. This webinar features insight from Henry StAubyn, VP Advisory US (PACE) , Paul Carragher, CEO (BiSN), Phil Head, Founder & Director (Panda-Seal) and Prof Richard D. Neilson, Centre Director (National Decommissioning Centre). Register today and come away with your definitive guide to alternate plugging materials:

  • Evaluate alternatives to traditional cement and bridge plug abandonment
  • Get in the know on the latest tech developments and understand the potential for new materials to ensure both cost efficacy and environmental safety
  • Hear how a state-of-the-art barrier verification chamber has the potential to transform the development of cost-effective P&A technologies

If you aren’t able to make the times, that’s no problem- simply sign up and I’ll personally send you the recordings free of charge. The webinar is produced in collaboration with the 12th Annual Decommissioning and Abandonment Summit, Houston Texas. Any questions, contact Owen, the event director, at orolt@decomworld.com.

Please click here for details:

 


PAID POST: Nigeria in focus at Africa Oil Week

Relations between South Africa and Nigeria have been strained in recent months after several days of riots in South Africa in September that mainly targeted foreign-owned, including Nigerian, businesses.

But following a visit to South Africa by Nigeria’s President Muhammadu Buhari tensions havev eased. A further sign of the improving relationship is the visit of Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva, to Africa Oil Week, the minister proclaiming himself being excited to be travelling to South Africa.

As the largest upstream event on the continent, Africa Oil Week has enjoyed attendance from the industry’s highest-level decision makers for over 25 years. This year is no different, with Nigeria’s brand new NPCC GMD making his international debut at the 2019 conference in Cape Town this November (4-8).

Mallam Melee Kyari will be setting out the future vision of the NNPC under his leadership and participating in a session titled ‘Atlantic Transform Margin (Liberia to Nigeria)’, where he will provide a deep insight into the current operating landscape in some of the most highly sought-after regions.

Conference organisers say  Bold vision promises new dawn for Nigeria’s ailing petrochemical industry”

Below are excerpts from the Press release…

Estimated to hold 37 billion barrels of proven oil reserves, Nigeria is the second biggest oil-rich country in Africa, after Libya. The exploitation of these resources has been in the hands of the Nigerian National Petroleum Corporation (NNPC) that was established in 1977 as a merger of the Nigerian National Oil Corporation and the Federal Ministry of Mines and Steel. NNPC by law manages the joint venture between the Nigerian Government and international oil companies such as Shell, Agip, ExxonMobil, Total and Chevron.

Despite its rich resources, at present Nigeria’s state-dominated oil industry is declining, afflicted by systemic corruption, starved for international investment, and hit hard by weak oil prices. Despite that malaise, oil remains the country’s chief source of income.

A choice of paths

What many considered a watershed moment for the industry occurred earlier this year in the country’s election with two conflicting strategies for the development of the industry put forward by the two candidates.

The incumbent, Muhammadu Buhari’s planned to retain a nationalized oil industry under the NNPC banner while the vision of his opponent, Atiku Abubakar, was to sell off aging refineries to private buyers to liberalise the economy. In the end Buhari won a tight contest.

The importance of the oil and gas sector for the state cannot be underestimated with more than half of its revenue along with 85 per cent of its export revenue coming from the sector. Despite the 40 billion barrels of oil under its control, Nigeria’s ageing infrastructure can only produce around 2.5 million barrels of crude oil per day.

Adding to this malady is the state of its mid-stream and downstream infrastructure that many believe is in even worse condition than its upstream assets.  The refineries dotted around the Niger Delta region are at present producing less than half of the 500,000 barrel per day capacity, with this figure dropping to almost ten per cent late last year.

New beginnings for NNPC

The man charged with implementing the president’s policy is Mallam Mele Kolo Kyari, who took on the role of group managing director of the Nigerian National Petroleum Corporation (NNPC) early this year. He quickly vowed to reverse the trend of petroleum imports into Nigeria by improving the existing refineries and encouraging private sector investment in the refineries.

“We must end the trend of fuel importation as an oil producing country,” he said at a press conference shortly after taking on the role. “We will deliver on the rehabilitation of the four refineries within the life of this administration and support the private sector to build refineries. We will support the Dangote refinery to come on stream on schedule and we will transform Nigeria into a net exporter of petroleum products by 2023”.

He added that the government’s target of raising crude oil production and reserves to three million barrels per day and 40 billion barrels respectively was possible and that he would galvanise the corporation to achieve it by 2023.

When it comes to rooting out the corruption that has plagued the industry in Nigeria he pointed out how much NNPC had changed over the past three years from the old image of a corruption-laden organisation, stressing that he would continue to entrench the culture of accountability in the affairs of the corporation.

“We are going to work to remove every element of discretion from our processes, because discretion is one of the greatest enablers of corruption”, he said. “NNPC will not be opaque, we’ll be transparent to all so that at the end of the day everyone will be in a position to assess us and say what we have done right or wrong”.

Support from OPEC

The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Mohammed Sanusi Barkindo, has commended the NNPC for its ongoing reforms aimed at changing the fortunes of the corporation for the better.

“I am glad that you continue to march on with your projects despite the downturn in the Industry, he said. “We have seen the Industry globally suffer in terms of contraction in investment which affected capacity. You have not only been able to stay on course, but you also continue with these projects which are critical for the development of the corporation and the industry in Nigeria.”

“To lead such a sensitive and capital-intensive industry like oil and gas, you must have transparency and accountability as one of your core principles in order to drive change. I am glad I have known Mele Kyari for a very long time. He is a very capable and straightforward individual with a high level of integrity even as a very junior officer. So, he has a track record. I remain confident that together with his team, and with the support of government, he will accomplish the task”.

Building a Nigerian giant

Key to this strategy of reducing imports is the Dangote refinery that is under construction near Lagos. The 650,000 barrels per day (bpd) integrated refinery and petrochemical project will be Africa’s biggest oil refinery and the world’s biggest single-train facility upon completion in 2020. The facility will be able to process a variety of light and medium grades of crude to produce Euro-V quality clean fuels including gasoline and diesel as well as jet fuel and polypropylene.

For more information, please contact:

On behalf of Africa Oil Week

Joanna Kotyrba Email: Joanna.kotyrba@hyve.group

About Africa Oil Week 

Africa Oil Week is the leading oil and gas event for the continent, with over 1500 key executives attending from around the world to broker new deals. The global E&P community – government, NOCs, international oil companies, independents, investors and service providers – is brought together here like no other event. This unique event is a hub for deal making and building networks with senior decision-makers.

 

 

 

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