A Norwich-headquartered offshore engineering solutions firm has secured its largest riser analysis deal to date.
Under the terms of the contract, Aquaterra Energy, which also has operations in Aberdeen, will provide green and brownfield riser analysis to a “major” Middle Eastern operator over the next five-years.
Combined with other recent project wins in the region, the firm will now deliver an estimated £1 million of investigation work over the period.
Acting as a primary analysis supplier for risers, which are used to carry oil and gas from subsea wellheads to the surface, Aquaterra Energy will manage and deliver multiple scopes of long-term work using its in-house analysis teams.
Located in Abu Dhabi and Qatar, the contracts cover a “wide range” of brownfield projects, with “future greenfield opportunities”.
The brownfield platform modification projects include slot recovery, slot addition and assisting development of inspection programme of existing conductors.
Martin Harrop, the firm’s riser analysis manager. said: “With the region shifting its focus to aging infrastructure, there is a growing appetite for experienced riser analysts amongst operators. As the operations are often non-standard, we have been working closely with our client’s engineers to find solutions to challenging operational concerns. Our analysis has generated many cost-saving, operational and decarbonisation benefits for our clients in the region.”
Andrew McDowell, operations director at Aquaterra Energy, added: “The Middle East is embarking on its next stage as an oil and gas producing region. Operators are now continuing to invest in new projects but also finding themselves with a glut of legacy assets coming to end-of-life from earlier generations of investment. To safely and efficiently maximise output, our expert riser analysts are perfectly placed to support operators with both green and brownfield projects. With a long-term contract in place, I see this as the start of a major period of growth for us in the region.”