There are 16 firms in this (sub) sector, most of them of Norwegian origin, two from the Netherlands and three from Britain, two from France and one from Italy. These corporations have been selected from a sector overview of Goldman Sachs, focused on European companies as a part of portfolio of a single analyst.
Working in this sector requires specific knowledge, as observed by the many abbreviations which can be used in the annual reports and on the websites:
– EPIC – engineering, procurement, set up and building
– IMR – Inspection, Maintenance and Restore
– FPSO – Floating Manufacturing Storage and Offloading (techniques)
– FSO – Floating Storage and Offloading
– TLP – Tension Leg Platforms
– FPU – Floating Manufacturing Units
– MOPU – Cell Offshore Manufacturing Units
– HD3D – excessive-density 3D (seismic)
1. Acergy (Norway)
Acergy’s Imaginative and prescient: to be the acknowledged chief in seabed-to-surface engineering and building. It’s core competences are:
1. EPIC supply. These may be additional divided into: Deepwater operations (subsea infrastructure, umbilical, riser and flowline methods). And IMR … to maintain oil and gasoline fields worldwide producing at optimum capability.
2. Standard Discipline Growth. Typical building expertise and capabilities that assist our clients resolve complex hydrocarbon extraction and field improvement issues, together with pipeline set up tie-ins.
3. Trunkline expertise. “We operate the worlds largest and most successful semi-submersible pipelay barge, the Acergy Piper.”
Particular consideration is set – On the homepage – to HSE: well being, safety and environmental protection. This matters is detailed by graphs about the security awareness and the (declining) number of accidents over the years…
2. Aker Solutions (Norway)
Aker Solutions is informing clearly in regards to the sectors it operates in: oil & Fuel, Refining and chemicals, mining & metals, nuclear, power era and additional services. These latter encompasses both onshore and offshore area providers.
Aftermarket is probably the most strategically essential and exciting growth areas for Aker Solutions. Encompassing services associated to the maintenance, modification and development of our installed base … has huge potential in terms of improving our revenue streams and margins.
3. Emgs – (Norway)
EMGS is an acronym for – Electromagnetic (EM) geoservices (GS).
Leader in technology “clearpay” for EM.
EMGS affords a distinct service for the oil downstream sector. “Unlike seismic surveys, which use acoustic energy to find promising geological buildings, seabed logging can straight reveal the presence of business hydrocarbon reserves. Seabed logging can identify reservoirs before seismic surveys are performed … And seabed logging has the potential to seek out hydrocarbons in traps that cannot be detected using seismic strategies and could be overlooked by typical workflows.
Four. Expro International Group (GB)
Oil corporations choose Expro for properly circulation administration. They need services and merchandise to measure, enhance, control and process movement from oil and fuel wells. “Right this moment,” Expro affords providers and merchandise by our five advertising and marketing areas of: Well Testing & Commissioning, Manufacturing Techniques, Wireline Intervention, Drilling Choke Methods, Connectors & Measurements.
5. Fugro (Netherlands)
Fugro collects and interprets data associated to the earth’s floor and the soils and rocks beneath and supplies advice, for functions related to the oil and gas industry, the mining business and the development industry.
Fugro operates world wide at sea, on land and from the air, utilizing skilled, highly-specialised staff and superior technologies and programs.
Providers they offer are: GEOTECHNICAL (Investigation & advice on physical & chemical characteristics of the soil and construction materials). SURVEY Providers (like Airborne photogrammetry, lidar, and radar mapping; topographic, hydrographic and geological surveying..).
GEOSCIENCE Services (Gathering, processing and interpreting geophysical data, quantitative and qualitative estimates of oil, fuel, mineral and water sources …)
6. CGGVeritas (France)
CGGVeritas is the world’s leading worldwide pure-play geophysical firm delivering a variety of applied sciences, providers and gear … mainly all through the worldwide oil and gas industry.
Divisions are: Geophysical Gear and Geophysical Services.
These… supply a complicated suite of seabed seismic services… also owns a latest vintage, nicely positioned library of multi-shopper land and marine seismic data.
CGGVeritas is a acknowledged chief in information processing & imaging providers, made out there via a worldwide community of 28 open seismic data processing centers and 15 consumer-devoted centers.
Additionally … “provides the world-famous Hampson-Russell software that … makes subtle know-how simply accessible by the working geophysicist and has an installed base of more than 1400 licences at over 500 petroleum and service companies worldwide.”
The company has a complete workforce of approximately 7,000 employees operating worldwide.
7. Petrofac (GB)
Via its three divisions – Engineering & Building, Operations Companies and Power Developments – Petrofac: designs and builds oil & fuel facilities; operates or manages facilities and trains personnel; and, the place synergies are recognized, co-invests to provide additional alignment.
Eight. Petroleum Geo Companies (Norway)
Petroleum Geo-Companies (PGS) is a leading worldwide geophysical company. PGS offers an in depth vary of seismic services and merchandise for the petroleum business including data acquisition, processing, reservoir analysis and interpretation. The corporate also possesses the world’s most in depth multi-shopper information library.
Formed in 1991, the corporate right now operates 12 marine streamer vessels together with 6 vessels of the distinctive Ramform class. The corporate also operates between 7 and 10 Onshore crews and has 15 data processing centers.
Since the beginning of the company PGS has pioneered the event of multi-streamer marine seismic acquisition, producing more and more environment friendly, high-high quality 3D seismic knowledge for the industry. The corporate has additionally introduced HD3D in all environments and developed in-home experience in geology, geophysics, and reservoir analysis. PGS also provides onshore seismic services the place the company has a repute for using the newest gear in challenging environments and has an enviable program of sustainable improvement. The info processing capabilities of PGS have grown considerably from originally processing PGS knowledge to a major player in a excessive technology business.
With its headquarters in Oslo, the corporate has offices in 22 different international locations.
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