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17 mai 2017

Wood Group has been awarded a contract to support Shell in the decommissioning of their Brent Bravo platform in the North Sea.

Effective immediately, Wood Group will prepare the platform for removal via single lift methodology. This includes conductor removal, structural strengthening and installation of under deck lift points, in addition to the modifications required to enable the platform to operate on minimum manning mode.

Dave Stewart, CEO for Wood Group’s Asset Life Cycle Solutions business in the Eastern region, said : “We have over four decades of experience supporting Shell’s Brent field and this new contract clearly demonstrates our client’s trust in our consistent delivery of innovative and efficient technical services thathave been designed for offshore decommissioning challenges.

“We will leverage our learnings from the delivery of the Brent Delta decommissioning scope. Our commitment is to continuing to work in partnership with Shell to ensure the safe, cost efficient and timely execution of the contract.”

About Wood Group

Wood Group is an international energy services company with around $6bn sales and operating in more than 50 countries. The Group is built on Core Values and has three businesses – Wood Group PSN, Wood Group Kenny and Wood Group Mustang – providing a range of engineering, production support and maintenance management services to the oil & gas, and power generation industries worldwide.

About Royal Dutch Shell plc

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production ; production and marketing of liquefied natural gas and gas to liquids ; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects.



24 mai 2013

FMC Technologies, announced that it has received an order from Shell for the supply of subsea equipment to support the Stones field development.

Stones is an ultra deepwater project located in the Walker Ridge area of the Gulf of Mexico, approximately 200 miles (322 kilometers) off the Louisiana coast in approximately 9,600 feet (2,926 meters) of water. FMC Technologies’ scope of supply includes eight subsea trees, a subsea manifold, topside and subsea controls and associated equipment.

"Deepwater operations in the Gulf of Mexico require advanced capabilities and innovative solutions," said Tore Halvorsen, FMC Technologies’ Senior Vice President, Subsea Technologies. "FMC Technologies is pleased to be able to work with Shell to deliver the technologies that they need to develop these fields."

About FMC Technologies FMC Technologies, Inc. (NYSE:FTI) is a leading global provider of technology solutions for the energy industry. Named by FORTUNE® Magazine as the World’s Most Admired Oil and Gas Equipment, Service Company in 2012, the Company has approximately 18,900 employees and operates 30 production facilities in 16 countries. FMC Technologies designs, manufactures and services technologically sophisticated systems and products such as subsea production and processing systems, surface wellhead systems, high pressure fluid control equipment, measurement solutions, and marine loading systems for the oil and gas industry.

Source : Communiqué FMC Technologies &


24 mai 2013

Gazprom Neft has adopted a mid-term investment program for its Moscow Oil Refinery. The company will invest over 50 billion rubles in modernization of the enterprise in 2013-2015, which will make it possible to implement large-scale projects to improve the quality of the petroleum products the refinery produces, increase the oil conversion rate, reduce the refinery’s environmental impact, and raise its energy efficiency.

In keeping with the mid-term investment program, the company plans to commission a light naphtha isomerization unit and a catalytic cracking gasoline hydrotreatment unit in 2013. The second stage of reconstruction of the LCh-24-2000 diesel fuel hydrotreatment unit will also be completed. This will result in the Moscow Oil Refinery converting completely to the production of grade 5 gasoline per the Russian Federation Technical Regulation. The proportion of grade 5 diesel fuel will exceed 75 percent of the total volume of diesel fuel produced at the Moscow Oil Refinery. Next year, the refinery will complete the second stage of reconstruction of the ELOU-AVT-6 crude oil vacuum distillation unit, which will allow it to increase substantially production of high-quality gasoline and diesel fuel.

One of the key measures in the investment program will be construction of a combined oil refining unit with a capacity of 6 million tons per year. The new complex will bring together the production processes of the various components of high-octane gasoline and summer and winter diesel fuel, which are currently performed at three separate units. This large-scale project, which is slated for completion in 2017, seeks to introduce the most advanced technologies at the Moscow Oil Refinery, to raise the enterprise’s operational readiness, to improve industrial safety and the refinery’s environmental indicators.

Construction of a bitumen modification unit designed to produce 60,000 tons of polymer modified bitumens and 7000 tons of bitumen emulsions per year will begin at the Moscow Oil Refinery in 2013. This will help increase the output of bitumen products significantly, in keeping with the highest international quality standards.

The Moscow Oil Refinery is also planning to implement a number of projects aimed at reducing the refinery’s environmental impact and raising its energy efficiency. The sulfur recovery unit, the chemical treatment unit, the CVK central air compressor unit, the VK-3 air compressor unit, and external and internal power supply infrastructure will be reconstructed in 2013. The company plans to introduce a natural gas supply system at the refinery. All of this will help reduce and stabilize the borders of the refinery’s sanitary protection zone and improve environmental conditions in Southeastern Moscow substantially.

About Gazpromneft Moscow Oil Refinery Gazpromneft Moscow Oil Refinery is a subsidiary of Gazprom Neft. The refinery’s capacity is rated at 12.15 million tons per year. The enterprise produces automotive gasoline, diesel, marine fuel, aviation fuel, heavy fuel oil, high-octane additives for automotive gasoline, bitumen, and multipurpose gases. The refinery ranks very high for production of high-octane gasoline and diesel fuel, and provides approximately 40 percent of the petroleum products consumed in the Moscow region.

A large-scale modernization program is underway at the Moscow Oil Refinery, which will involve over 130 billion rubles invested before 2020. The program seeks to improve the quality of petroleum products, increase the oil conversion rate, and raise the enterprise’s production efficiency and environmental friendliness.

Source :


28 décembre 2012

ZaZa Energy Corporation disclosed that it completed the sale of its French assets, comprising 100% of the shares of ZaZa Energy France SAS (“ZEF”), to Vermilion REP SAS, a wholly-owned subsidiary of Vermilion Energy Inc., for a gross purchase price of $85.8 million.

Taking into consideration customary closing adjustments and contractually obligated asset integrity and G&A contributions, the net purchase price paid to ZaZa was US$76 million. Resulting acquisition metrics reflect a cash valuation of US$90,000 per Bbl/d and US$13.64 per boe of proved reserves.

ZaZa applied half of the net proceeds from the disposition to pay down a substantial part of its remaining senior secured notes. As part of the Paris Basin Purchase and Sale Agreement signed with Hess in July 2012, $15.0 million of the proceeds will be held in escrow until title to all Paris Basin exploration permits have been successfully transferred to Hess. The title transfer process is underway and is expected to be completed in 2013. The remaining proceeds will be used to fund ZaZa’s development program.

Commenting on today’s announcement, Todd A. Brooks, CEO of ZaZa Energy Corporation stated, “With a portion of the cash received from this disposition, we have now paid down over two-thirds of our senior secured debt in less than a year. In addition to dramatically reducing the company’s leverage, ZaZa is now better capitalized to continue developing its core Eaglebine and Eagle Ford resource plays. This divestiture is consistent with our stated strategy and provides ZaZa with additional working capital and greater financial flexibility moving forward. We look forward to a successful 2013, the first quarter of which will most certainly be dynamic, as we expect to see the initial results from our aggressive development plan.”

About ZaZa Energy Corporation

Headquartered in Houston, Texas, with offices in Corpus Christi, Texas and Paris, France, ZaZa Energy Corporation is a publicly-traded exploration and production company with primary assets in the Eagle Ford and Eaglebine resource plays in Texas.

Source :

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