Oil & Gas

EnerMech fulfilling £5m contract for work on Glen Lyon FPSO

EnerMech is working on a £5million contract to prepare the Glen Lyon FPSO for delivering first oil from BP’s Quad 204 project, the mechanical engineering group said today. Quad 204 involves redeveloping the Schiehallion and Loyal fields, 110 miles west of Shetland, with the intention squeezing another 450million barrels from them. Glen Lyon, which is 885ft long and 170ft wide, is expected to process 130,000 barrels of oil and 220 million cubic feet of gas per day when production starts.

Oil & Gas

North Sea energy firms break into new markets amid oil decline

North Sea energy firms are continuing efforts to break into new, global markets as the collapse in oil prices takes its toll on the supply chain. Firms like Aberdeen-based Reftrade UK, which specialises in providing refrigeration containers in harsh environments, is looking to the pharmaceuticals industry. Meanwhile, Enermech, a mechanical engineering group which has its headquarters in Aberdeen, has invested £250,000 to offer a mobile valves testing service in South Africa which takes in sectors as diverse as brewing and the pulp and paper industry.