Enpro Subsea announced today that it has reached a Master Services Agreement (MSA) with Kosmos Energy (formerly Deep Gulf Energy) aimed at providing enhanced subsea architecture and smart standardization via Enpro's patented Flow Access Module (FAM) technology.
FAM essentially creates an enhanced production 'USB port' within the jumper envelope. This enables the operator to use standard subsea Xmas Trees and Manifolds, with FAM providing life of field flexibility within the system design, delivering 'Smart Standardization' and the capability to maximize the ultimate recovery from their subsea wells.
The Kosmos Flow Access Modules are primarily being used to enable retrievable multiphase metering within the jumper envelope between the XT and the manifold. The FAM technology simplifies their standard well jumper, enabling longer spans and reducing fatigue while enabling project specific technologies (MPFM) retrievable independently of the jumper. Additionally, FAM enables a range of enhanced production options including water cut metering, flow assurance, hydraulic intervention and fluid sampling, allowing the Operator to adapt the technology within the FAM to suit the needs of the reservoir.
The initial award under this MSA is for 4x FAM systems, which will be installed on South Santa Cruz, Odd Job, Double Team and Kodiak fields. This brings the total number of adopted FAM systems adopted globally to over 50, since the product was first launched in 2015.
Ian Donald, Enpro CEO added,
This is significant achievement for Enpro Subsea, we appreciate the opportunity to work with the Kosmos team to help deliver innovative, cost effective projects in record time. The adoption of FAM to provide first oil faster and to maximize the potential ultimate recovery is wholly aligned with that philosophy.
Oil and gas production optimisation specialist, Enpro Subsea, has announced a new senior advisor to bolster the strategic team in the Americas as part of plans to expand market share and build portfolio in Brazil.
The business has appointed Francesco Santoro as its strategic consultant in South America. Primarily based in Rio de Janeiro, Mr Santoro has more than 40 years' experience in the oil and gas industry, where he has previously undertaken leadership roles at Petrobras, Technip and Oceaneering. As part of the Americas focused team, he will be supported by Adam Hudson, vice president (Americas), based in Houston.
Last month (August), former Cameron Subsea Systems senior executive, Hal Goldie, was announced as a non-executive director at Enpro Subsea. He is also Houston based.
Enpro's recent success in Gulf of Mexico and Ghana has seen their patented flow access module (FAM) technology being selected by BP, LLOG and Tullow with 41 FAMs now being adopted by operators globally.
Hal Goldie has joined the board of production optimisation specialist, Enpro Subsea, in a Non-Exec Director role. He joins the company during its most successful period to date, with 41 of their patented Flow Access Modules (FAM) now being adopted by major and independent operators globally.
The Aberdeen based company delivers flexible subsea solutions to support operators across the 'Life of Field' from development phase through to decommissioning. Their FAM system was most recently deployed by LLOG Exploration in the Gulf of Mexico on the Crown and Anchor field.
Mr Goldie has a career that spans almost 50 years in the oil and gas industry. Having started as an engineering apprentice at Cameron in Scotland in 1969, he rose through the ranks within various divisions in Norway, Middle East, UK and USA holding senior management and executive positions including President, Cameron Subsea Systems.
In joining Enpro, Hal commented,
I am delighted to join the Enpro board and the opportunity to work closely with the management team that developed and commercialized technologies that are proving to have a significant impact on project cost. Their FAM technology enables data recovery and the ability to cost effectively incorporate technologies required through the life of a subsea well or field avoiding the need for pre-investment.
Ian Donald, Enpro CEO added,
Hal shares our passion and Enpro Subsea's vision for delivering increased recovery from subsea assets. He has a deep understanding of the subsea market and the challenges client face maximising value across the life cycle of their assets. We look forward to working with him in to develop the business.
In June, LLOG Exploration delivered first production from their Crown and Anchor field in the Gulf of Mexico. This milestone also represents a major achievement for Aberdeen based Enpro Subsea as it is the first of multiple deployments by LLOG of their patented Flow Access Module (FAM) technology.
The FAM technology was selected by LLOG as it fully aligns with their strategic approach to fast track, capital efficient subsea tiebacks. FAM essentially creates an enhanced production 'USB port' within the jumper envelope. This enables the operator to use standard subsea Xmas Trees and Manifolds, with the FAM providing life of field flexibility within the system design, delivering 'Smart Standardization' and the capability to maximize the ultimate recovery from their subsea wells.
Enpro Subsea was awarded an engineering and procurement contract in August last year by LLOG Exploration for the delivery and installation of 12 FAMs in total, the remainder of which will be installed across multiple 10k and 15k LLOG fields in the Gulf of Mexico throughout 2018.
The LLOG Flow Access Modules are initially being used to enable independently retrievable multiphase metering located within the jumper envelope between the XT and the manifold. Additionally, FAM enables a range of enhanced production options including water cut metering, flow assurance, hydraulic intervention and fluid sampling, allowing the Operator to adapt the technology within the FAM to suit the needs of the reservoir.
Ian Donald, Enpro Subsea CEO, said:
This is major milestone for Enpro Subsea, we appreciate the opportunity to work with LLOG on these multiple projects.LLOG has a strong reputation for delivering innovative, cost effective projects in record time. The adoption of FAM to provide first oil faster and to maximize the potential ultimate recovery is wholly aligned with that philosophy. The LLOG award was our third in the Gulf of Mexico and allowed us to further strengthen our operational capabilities and supply chain in the US.
Production optimization company, Enpro Subsea, has reported its busiest 18 months hitting its key strategic objectives with campaigns completed or commencing in North Sea, West Africa and Gulf of Mexico.
The enhanced production specialist, which has over 30 personnel based in Aberdeen and Houston, delivers an enhanced subsea architecture to support the full 'Life of Field' of subsea assets from development phase through to decommissioning with smart standardisation.
Since the first deployment in November 2016, the company has seen 35 of its patented Flow Access Modules (FAM) being adopted by major and independent operators globally. It has also seen its Flow Intervention Service (FIS) technology used to complete hydraulic intervention projects across multiple subsea wells in West Africa, and has ongoing subsea operations with a North Sea operator decommissioning its gravity based concrete structures.
The company is currently delivering a 15ksi version of its FIS targeted at high pressure subsea fields, particularly in deepwater US and Africa. The work is being supported by a Scottish Enterprise research and development grant and is planned for completion of testing in Q4 2018.
Enpro Subsea successfully completed work for a major operator in the Gulf of Mexico, where its flow access technology reduced project costs, weight and schedule by a third, and supported the client achieving first oil in just 11 months. The technology enables operators to adopt a capital efficient field development strategy while still using low cost standard subsea hardware.
Last month, the firm signed a Memorandum of Understanding with DOF Subsea which will enable both parties to offer operators turnkey hydraulic intervention and enhanced production solutions, deployed by the vessel operator's fleet in the Atlantic region.
Enpro managing director, Ian Donald, said:
The past 18 months have been the busiest in Enpro's six-year history and we are very proud of our team's strong work ethic and expertise, both of which have been major contributing factors in our success story so far.
We now have 35 FAMs adopted across eight subsea fields globally and it is being used as a key enabling technology in some field developments. Following investment by Energy Ventures Private Equity (EVPE) earlier this year, we are now committed to furthering our R&D program and delivering rental products into the market later this year, making it easier for operators to benefit from our enhanced production solutions.
Enpro Subsea and DOF Subsea today announced a Memorandum of Understanding (MoU) which will leverage each company's expertise and portfolio of assets to deliver enhanced production solutions throughout the life of field.
Their announcement, at the Subsea Tieback Forum and Exhibition in Galveston, Texas, sees Enpro's patented flow intervention services (FIS) and Flow Access Modules (FAM) technologies being deployed from international subsea operator DOF Subsea's fleet of construction and intervention vessels. The agreement will allow both companies to work together to pursue targets in the Atlantic region.
Enpro's subsea hydraulic intervention solutions continually enhance production throughout field life. The FIS systems deliver multiple scale squeeze and fluid intervention processes including acid stimulation, chemical injection, scale removal, pipeline pre-commissioning and flowline clean and tubing washes and are suitable to a range of water depths. Enpro's FAM system enables a capital efficient flexible field development using standard subsea hardware.
DOF Subsea has a world-class fleet of 26 vessels and provides a unique offering of integrated project managed and engineered subsea solutions to the global offshore oil, gas and renewables industries.
Raymond Semple, chief operating officer with DOF Subsea said:
Enhanced recovery is a crucial element of our industry´s continuing efforts to effect sustainable improvements to subsea project economics. "We are excited to be competitively coupling the complementary capabilities of DOF and Enpro to provide an independent and integrated service offering to operators to enhance production from their existing capital infrastructure.
Enpro Subsea managing director, Ian Donald, said:
The collaboration with DOF Subsea is an exciting step forward for Enpro as this partnership will allow us to offer a full service offering to new and existing customers as we look to target projects in the Atlantic region line with our growth strategy.
"Our MoU with DOF Subsea allows us to integrate our enhanced production technology into their class leading fleet and offer an integrated solution to new customers.
Ian Donald is presenting "Production Optimisation & Smart Standardisation" at the Offshore Well Intervention Conference this week at the Mövenpick Ambassador Hotel, Accra, Ghana.
The paper will detail multiple global case studies using our patented enhanced production solutions, including:
For a copy of Ian's presentation, please contact us at firstname.lastname@example.org
Enpro Subsea has secured investment from EV Private Equity (EV) to grow its production optimisation business into new and existing international markets and further develop the range of production optimisation and intervention technologies.
The Aberdeen-headquartered subsea company has grown its product portfolio and client base rapidly since foundation in 2011. Enpro enters 2018 with projects currently ongoing in the UK Continental Shelf, West Africa, and Gulf of Mexico.
The deal will see the business receive backing from EV Private Equity as part of its pledge to invest $200m into fast-growing North Sea businesses.
The cash injection from EV will allow Enpro to further develop the patented flow access module (FAM) technology as well as capitalise on the success of the flow intervention services (FIS), and decommissioning systems.
Enpro Subsea managing director, Ian Donald, said:
Senior partner at EV, Greg Herrera, said:
2017 was a good year for Enpro Subsea with strong global demand for all our core technologies. Starting 2018 with news of our partnership with EV Private Equity is exciting. Coupled with a robust order book for our FAM, FIS and decommissioning technologies, the investment puts us in the strong position to deliver the next stage of our business growth strategy.
The funding will support the expansion of the FAM production and intervention system which enables capital efficient, future poof and flexible field development using standard subsea hardware. Additionally, Enpro will accelerate global deployment of the FIS hydraulic intervention rental system targeted at high pressure, deepwater fields.
We're looking forward to working with the talented team at EV to grow the company.
We are thrilled to partner with Enpro Subsea and help build upon their successful track record.
The management team at Enpro has distinguished themselves through their relentless commitment to delivering successful technologies and projects to their clients around the world. They have a winning business model and represent a fantastic business opportunity in line with EV's portfolio of oil and gas companies.
Private equity firms have an important role to play in transforming today's oil and gas sector and this is a great opportunity to work with one of the most exciting and successful companies in the subsea sector today.
Mike Beveridge, managing director at Simmons & Company International, who acted for Enpro on the transaction, added
This transaction is another strong reminder of Aberdeen's unique position as a centre of excellence for ground breaking subsea technologies that support the global oil and gas industry.
Aberdeen-headquartered Enpro Subsea has won the Innovation Award at the prestigious Press and Journal Gold Awards 2017, held at the Marcliffe Hotel in Aberdeen.
The subsea intervention specialist company was recognised for its patented flow access module (FAM) technology which was a contributing factor to a major operator in the Gulf of Mexico achieving first oil in just 11 months – a record time for the operating company and one month ahead of schedule.
The judges also heard how the company's in-house team of production optimisation experts are supporting early adopters of its FAM systems in West Africa, which was brought to market just 18 months ago.
The P&J Gold Awards black-tie event is considered a key highlight in the social calendar for celebrating leading companies and influencers in the energy industry. Now in its third year, the evening was hosted by BBC breakfast reporter and TV presenter Steph McGovern for the second time and saw around 280 people in attendance.
Enpro Subsea marketing director, Tom Bryce, said:
It is an honour to have our hard work recognised by the judging panel and to be chosen to win this innovation award. We were in a shortlist with some of the most highly-respected businesses in the industry so it is a big complement to our team which works tirelessly to produce great results for our clients with our innovative subsea architecture.It's been a very successful period for Enpro. We are a young company and seeing our patented FAM technology, which is an 'off the tree' multi services modular hub, being deployed and providing clients the efficiencies we know it can, has made us all very proud.
This is the company's third accolade in 2017. Enpro managing director, Ian Donald, was recognised at this year's Subsea UK Awards for his outstanding contribution to the sector, and the business also collected the Great Small Company Award at the Offshore Achievement Awards in March.
Production optimisation specialist Enpro Subsea has revealed details of how its unique subsea architecture was used for the first time by an operator in the Gulf of Mexico and was a contributing factor to the organisation achieving first oil production in under 12 months – a record time for the client.
Enpro showcased its Enhanced Subsea Sampling & Injection (ESSI) and Flow Access Module (FAM) systems during Monday's Standardization technical session at OTC 2017 in Houston, discussing how their equipment was instrumental to the tieback project's success and provided added flexibility to the asset's life of field. The ESSI FAM system is designed to use standard subsea systems to deliver faster, more cost effective and more flexible subsea systems.
The challenge from the operator was to tie back a new production well via a single spur into an existing subsea flowloop in the Mississippi Canyon. Enpro Subsea was invited to assist in the design of a fast track solution making use of its existing deepwater infrastructures and surplus inventory of standardised subsea hardware. For the project to remain competitive, the operator gave a challenging 12-month deadline for the campaign, from concept to first oil.
The unique nature of the well spud location, existing infrastructure and established facility operating procedures, created various hurdles for Enpro to consider when designing its system. The production chemistry and uneven seabed topography required a flow assurance strategy to be considered which successfully managed and mitigated the potential for hydrate formation within the single spur flowline.
The technical obstacles included the need to utilise existing components from different hardware manufacturers with differing hub connector designs. By enabling access to production processes at both ends of the 3.2km single line tieback, the operator was able to fit a range of enhanced recovery solutions at multiple locations, including, but not limited to:
Enpro Subsea business development manager for the Gulf of Mexico, Adam Hudson, said:
The ESSI and FAM systems allowed the operator to fast track the project using their existing stock hardware. With the addition of the patented FAM technology, Enpro provided the required subsea system functionality onto existing hardware, enabling the 'life of field' solutions to be installed directly onto existing hardware. Our solution enabled concurrent engineering, which in turn enabled first oil within 12 months.
Looking beyond this campaign and to the future of the operator's asset, another benefit is that our technology provides a retrievable platform which will allow a range of enhanced production solutions to be fitted at various locations throughout the life of field, including fluid intervention and sampling.
We are extremely proud to have played an integral part in our client's success and to have developed technologies that can be integrated into any vendor's equipment making well intervention a safer and less expensive option throughout the life of field for new and mature assets.
Issued on behalf of Enpro Subsea by The BIG Partnership.
To arrange interviews with Enpro Subsea's GoM BD manager Adam Hudson or managing director Ian Donald, please contact Zoe Ogilvie at BIG Partnership on +44 7973 983 243 or email@example.com or Rebecca Cox on +44 7772 286 969, firstname.lastname@example.org
SUBSEA intervention specialist firm Enpro Subsea has been named Great Small Company 2017 at the 31st SPE Aberdeen Offshore Achievement Awards (OAA) black-tie event held last night (Thursday 23rd March) at the Aberdeen Exhibition & Conference Centre.
The production optimisation company which has 25 personnel and was founded in 2011, was presented with the top award for its excellent performance in the offshore energy sector, and in particular, for its steady and consistent growth during one of the most challenging economic climates in decades for oil and gas businesses. Enpro Subsea was established in 2011 with its founding members having worked together for more than two decades through various business entities. Ian Donald, John Reid, Steve Robb, Neil Rogerson and Tom Bryce have been instrumental in bringing several game-changing technologies to the subsea industry, including the ESSI Decommissioning system and the pioneering FAM (Flow Access Module) technology which is becoming a new industry standard for flexible subsea enhanced production intervention.
The OAA win follows a remarkable 12 months for the Aberdeen-based company which saw its patented ESSI Decom system being successfully deployed by a major North Sea operator. This has enabled them to drill into existing gravity based structures and sample trapped fluids prior to decommissioning in accordance with OSPAR compliance regulations. At the same time, Enpro also saw its ESSI FAM production enhancement systems exported to West Africa and the Gulf of Mexico, and announced news of a £755,000 research and development grant from Scottish Enterprise to help the company further design, develop and test new technology.
The company's managing director, Ian Donald, was also honoured earlier this year, winning the outstanding achievement award at the Subsea UK Awards.
Enpro Subsea marketing director, Tom Bryce, said:
The OAA's have been celebrating and encouraging innovation and collaboration in the North Sea for over three decades. We are very proud to be recognised by the SPE in the Great Small Company category ahead of the other shortlisted businesses which we respect immensely.
This award is testament to the hard work and dedication of our team, who exemplify the entrepreneurial spirit encouraged and nurtured throughout the company allowing us to meet the ever-changing needs of the subsea industry. It's because of this that we have experienced strong business expansion across key markets and have a robust strategy in place for continued growth.
ENPRO Subsea's managing director Ian Donald has been recognised by his peers for his outstanding contribution to the sector at the prestigious Subsea UK Awards 2017.
Mr Donald was commended for his pioneering work, which has seen innovative solutions redefine key sections of the marketplace, during a black-tie dinner attended by around 600 industry leaders in Aberdeen last night (Thursday 2nd February 2017).
He was chosen to receive the accolade in light of his leadership, creativity and commitment to delivering results in both enhanced recovery and subsea decommissioning arenas.
Mr Donald has been instrumental in bringing a number of game-changing technologies to the subsea industry, including the MARS (Multiple Application Reinjection System), the ESSI Decom (Enhanced Subsea Sampling and Injection) system and the pioneering FAM (Flow Access Module) technology which is becoming a new industry standard for flexible subsea enhanced production intervention.
The panel also commended his engagement in the subsea and field development aspects of the offshore energy business over the past three decades, having fulfilled roles at board, executive, technical and project management level within operator, major service companies and SME environments with demonstrable success.
Ian Donald said,
This is truly an honour to be recognised by our peers, both for myself and the talented team at Enpro Subsea. Our team could not have achieved success without the openness of our clients to seek and adopt innovative solutions in all phases of subsea field life.
Mr Donald's achievement comes hot on the heels of the Aberdeenshire-based firm's announcement last month of a research and development grant from Scottish Enterprise.
The funding will see the company investing £1.5million to develop its ESSI flow assurance technology further to address emerging markets in deeper waters.
Enpro Subsea has announced a research and development grant from Scottish Enterprise which will see the firm investing £1.5million to develop its flow assurance technology further to address emerging markets in deeper waters.
The news came as Scottish Enterprise revealed a new Subsea Engineering Action Plan with the aim of capturing an even bigger slice of the current £50 billion global subsea market. Scottish Government Minister for Business, Innovation and Energy, Paul Wheelhouse, visited oil and gas firm, Enpro Subsea Ltd to announce its new £1.5 million investment to support innovation, a key theme of the plan.
Scotland already accounts for around 14 per cent of the global subsea market, comprising approximately 370 companies generating an estimated turnover of £7.5 billion. Supported predominantly by the oil and gas sector, with the right investment and support, the world-renowned skills and knowledge developed in Scotland have the potential to extend into sectors such as construction and defence to truly maximise the significant opportunities for Scotland from this global market.
Increasing business innovation, research and testing infrastructure will also be a key factor of the plan's success and will see Scotland's economic development agencies continue to support high levels of subsea related investment in the future.
Recognising the importance of innovation for company growth, Aberdeen-based Enpro Subsea Ltd is to invest £1.5million in a new research and development project aimed at helping to improve production, by maximising economic recovery from existing subsea wells and in turn reduce costs for the operating companies.
Scottish Enterprise's offer of a £755,000 R&D grant towards the project costs will help the company design, develop and test new technology adding to its Enhanced Subsea Sampling and Injection (ESSI) range of products. This is the first time the company has been supported by Scottish Enterprise.
Scottish Government Minister for Business, Innovation and Energy, Paul Wheelhouse, said:
Scotland is recognised internationally as the centre of excellence in the Subsea Sector and already accounts for around 14 per cent of the £50 billion global subsea market, and is comprised of approximately 370 companies, generating an estimated turnover of £7.5 billion annually.
I am greatly encouraged by the fact that Scottish Companies such as Enpro Subsea Ltd are already securing very significant value in this sector and I hope that the additional funding announced today further strengthens their prospects in this sector.
The plan launched today aims for the Scottish supply chain to capture an even larger slice of the global subsea market through this and to see a stronger supply chain, generating even more jobs and economic growth for Scotland and, crucially, to increase the strength and capability of the industry.
David Rennie, international sector head for oil and gas at Scottish Enterprise said:
With 2,000 of the 5,000 global subsea wells in the North Sea, Scotland is world-renowned for its skills and expertise in subsea engineering. Many technologies developed in Scotland have revolutionised the worldwide oil and gas industry. It is this experience and reputation which is the basis for this action plan – we want to build and maintain what we already have, develop new markets and new opportunities, including in other sectors and ensure we have the infrastructure we need to remain a world leader in subsea.
Employing over 20 staff at its site in Aberdeen, Enpro is no stranger to innovation. However, faced by the impact of the current downturn in the sector, our support means the company can deliver this nine month project on schedule, helping strengthen the company's market position for when the sector recovers and safeguard existing high value oil and gas jobs. I wish the company every success with this project and its longer term growth ambition.
Managing director of Enpro Subsea Ltd, Ian Donald, said:
This funding has given Enpro the confidence to continue our product development for local and export markets. This assistance from Scottish Enterprise will enable Enpro to develop the next generation of subsea enhanced production intervention equipment to increase oil recovery and address emerging markets in deeper waters.
Commenting on the Subsea Engineering Action Plan, Neil Gordon, chief executive of Subsea UK, said:
Scotland has the largest concentration of subsea engineering in the world, with Aberdeen recognised globally as a centre of subsea excellence. Subsea UK, as the authoritative body for the sector, has worked closely with Scottish Enterprise and Scottish Development International to strengthen and grow the subsea supply chain with a focus on technology development, export and diversification.
These efforts, combined with the entrepreneurial spirit and pioneering ingenuity of our subsea supply chain, have resulted in an industry sector which is a real British and, in particular, Scottish success story. We welcome this action plan which sets out the ambition and the key steps to achieving success through greater focus and resource targeted towards supporting our underwater engineering capability. A stronger supply chain will generate jobs, opportunities and wealth for Scotland as well as securing our world-leading position in subsea.
The launch of the plan comes ahead of Subsea Expo, taking place from 1 – 3 February in Aberdeen. This event is the world's largest subsea specific conference and exhibition and will also include a number of delegations visiting Scotland from overseas.