SERVICES | SUPPLIERS

May 5, 2014

Antelope Oil Tool

Antelope Oil Tool & Manufacturing Co., LLC has acquired CTE Industries LTD. Headquartered in Edmonton, AB, CTE was founded in 2006, and is an independent manufacturer and supplier of oilfield cementation equipment. Its products include float shoes, float collars, cement plugs and centralizers for the global oil and gas industry. CTE also provides premium threading services and supplies steel products, such as mechanical tubing and coupling stock.

Antelope is a leading manufacturer of oilfield casing and cementing products for offshore and onshore applications globally. Antelope is backed by Intervale Capital ("Intervale"), a private equity firm which invests exclusively in oilfield manufacturing and service companies.

George Ribble, Antelope's Chief Executive Officer, commented, "We have been impressed with CTE's rapidly growing market presence. CTE has established a strong brand globally, best known for its first-class products and reliable service. Following this combination, Antelope will be able to better service our customers by offering a broader product suite."

Dan Laplante, previously President of CTE, will manage Antelope and CTE's combined operations in Canada. "Partnering with Antelope is a great outcome for CTE and its employees. We are proud to be a part of the Antelope team and look forward to working with George and his management team," said Laplante.

"CTE's brand and products are perfectly complementary to the Antelope platform. CTE presents an exceptional opportunity for Antelope to extend its geographic presence into Canada and expand its customer base. Our highly-qualified engineering team will be able to leverage CTE's existing product portfolio to develop new, innovative casing hardware and cementing solutions," added David Nemeskal, Principal at Intervale.

InterMoor Marine Services

Cuthill

InterMoor, an Acteon company, has appointed Duncan Cuthill as general manager of InterMoor Marine Services Ltd in the UK.

Mr. Cuthill will report directly to Alan Duncan, managing director of InterMoor, and will be responsible for InterMoor Marine Services in the UK and Mediterranean regions.

Following a 17-year seagoing career, he began a 10-year career at Trident Offshore in 1992, including five years as operations director. During his time at Trident Offshore, Mr. Cuthill was instrumental in growing the business and establishing the company in international markets. Trident was purchased by Acteon in 2007 and rebranded as part of the InterMoor group in 2009.

After Trident, Mr. Cuthill worked in senior roles in a number of marine businesses in Aberdeen, including four years at Viking Seatech (formerly Viking Moorings) where he was managing director for the UK and Africa and a member of the company's Global Leadership Team.

Lubrizol Corporation

The Lubrizol Corporation announced the expansion of their new global Energy and Water (E&W) business unit. The announcement was made by John Uhran, Vice President of Lubrizol's Industrial Specialties business group.

"We've always been active in the energy and water segments, but we were calling on these industries from different business groups within Lubrizol. We pulled everything together to create the Energy and Water business unit in early 2103. This allowed us to focus on the oilfield, refinery process and industrial water treatment chemicals markets," said John Uhran.

Lubrizol is adding additional resources to grow this new business unit, with emphasis placed on hiring new scientists, along with additional sales and product management staff. This will accelerate the delivery of Lubrizol innovations to the market to help make Lubrizol's specialty chemical-services customers more successful in their businesses.

The company has also added capital resources for the expansion of their laboratory facilities in Houston, Texas. The lab features state-of-the-art testing equipment that enables a higher level of technical support to our customers. The new lab also increases R&D capability that will help Lubrizol develop a broader specialty additives portfolio.

Dynamic Construction Services

Dynamic Construction Services announced that their Technical Division opened its new facility in Gonzales, Texas on April 2, 2014. A grand opening was held at the facility in which leaders of the community and customers attended, including: Bobby Logan - Mayor of Gonzales, Allen Barnes -City Manager, Nathan Neuse – Economic Development Council Board President, Daisy Scheske - Gonzales Chamber of Commerce, and many members of the EDC board.

DCS Technical Division was also presented with a Certificate of Special Recognition for "outstanding and invaluable service to the community" by the office of US Congressman, Blake Farenthold. The Gonzales Fire Department arrived and officially opened the facility with a Flag Raising Ceremony. During the festivities, DCS presented Fire Chief, Tracey Normand, with a ZOLL AED Defibrillator, a donation to the Fire Department.

IGUS

Exhibiting at the Offshore Technology Conference, igus will have on display the E4.350 and E4-1 Energy Chain systems, Push Pull Detection System for Energy Chains, and pre-harnessed cable carrier solutions.

The massive E4.350 (350mm interior link height) was specifically developed for the most demanding applications where electrical cables and large hydraulic hoses must be guided and protected on mission critical equipment.

The latest generation of igus' proven E4 heavy duty cable management systems, the new and improved E4.1 line of cable carriers will be on display as another addition to the igus heavy-duty plastics family.

This latest addition to the proven E4 lines of heavy-duty plastic cable carriers combines the features and benefits of its predecessors in the E4 range of cable carriers.

The new generation boasts design improvements such as a 33% increase in the unsupported span capabilities of the Energy Chain and a 133% increase in tensile strength over the last generation. Other performance enhancements include enlarged wear surfaces for extending life, noise dampening features and new accessories including the Push Pull Detection System (P.P.D.S.), which monitors forces on the chain during operation, offer a complete solution for machine builders.

FUGRO

"Life-of-Field" will be the theme of Fugro's technical presentations during the upcoming Offshore Technology Conference, Houston, TX.

A variety of timely topics will be covered in a series of brief technical sessions showcasing Fugro's unique technology in geotechnical, survey, and subsea disciplines. In the exhibition hall Fugro's "Building The Future" display at Booth # 3721 will highlight the company's worldwide presence and global resources, and its ability to support the exploration, development, production and transportation of the Earth's natural resources.

Deepwater AUV innovations, both current and future, feature on the list of technical presentations; Fugro will also explore the role of AUVs in pipeline integrity inspection. The 'post-Macondo' era has seen numerous regulatory changes and a dedicated session will focus on those affecting offshore drilling safety and the marine environment. In a session on gas hydrate implications for deepwater producing wells, Fugro shares its expertise whilst another highlights its specialist capabilities in this important field.

The technical sessions also cover advances in wellhead fatigue monitoring and provide an insight into Fugro's ROV capabilities. A unique method of monitoring diving operations is detailed in a session which features advanced real-time 3D imaging sonar technology. With a background of highly-regarded technical operations in Brazil, another session provides up-to-date information on Fugro's specialist capabilities in the region. Finally there is an introduction to 'Virtual Surveyors Offshore,' an indispensable new service providing offshore survey services remotely.

Geotrace Technologies Inc.

Srivastav

Geotrace Technologies Inc. an industry provider of high resolution E&P solutions, announced Ram Srivastav as Chief Metrics Officer. He will be based at Geotrace's headquarters in Houston.

Srivastav has extensive experience in the industrial sector within oil & gas, utilities and manufacturing industries, and he has hands-on experience in various functional roles including projects, operations, marketing and training. Srivastav's oil & gas experience spans Europe, Middle East and the Far East, and he has held CEO or business leadership positions at five companies ranging from startups to subsidiaries of multinational corporations.

Prior to joining Geotrace, Srivastav served as CEO of a Boston-based automated data analytics startup and as an independent consultant to large industrial clients throughout the Northeast. He began his career at Schlumberger Wireline Services in China in 1984 and progressed from field engineer to CEO for a number of Schlumberger joint ventures during his 14-year tenure. Following his time at Schlumberger, he was named CEO of Dabhol Power, the Indian joint venture of Enron, GE and Bechtel, where he oversaw the construction of the Independent Power Project.

More recently, Srivastav served as a principal at A. T. Kearney, provided leadership to startup operations and delivered performance improvement in a number of consulting projects for industrial sector clients.

Baker Hughes

Baker Hughes has announced its commercial release of the EasyReach extended-reach coiled tubing (CT) service. The company developed the service in response to the growing number of long horizontal wells and the need to be able to service them confidently using CT. Comprised of advanced simulation software, a lubricant specifically designed for downhole conditions and a field-proven fluid hammer tool, the service can help increase the lateral reach of CT beyond the limits of conventional CT systems. This holistic approach helps to reduce risk and improve well economics while enabling operators to reach total depth (TD) in extended reach laterals.

The EasyReach service provides more predictable performance during cleanouts, acidizing, stimulations and other applications in long horizontal wells. The proprietary CIRCA™ modeling software is a key component in how the company designs and executes the service. With this advanced modeling tool, Baker Hughes can deliver a solution to address a well's unique profile and challenges, using the hammer tool, lubricant or both.

The EasyReach hammer tool periodically interrupts fluid flow to vibrate the tool and generate traction forces to pull the tubing deeper into the well. These periodic pulses also reduce friction and delay the onset of helical buckling and lockup. The EasyReach lubricant is engineered to provide more consistent performance in extreme environments, including HP/HT. It helps to reduce mechanical friction with improved sliding efficiency and higher rates of penetration.

The new lubricant's performance has been confirmed in a series of field trials. In a recent operation in a horizontal monobore with 5 1⁄2" casing and a lateral length of approximately 5,100 ft, the lubricant delivered a coefficient of friction of 0.13 in the wellbore (significantly reduced from the default value of 0.24 when no lubricant is used and from coefficients of friction in the range of 0.17 to 0.19 for other commercially available lubricants) closely matching the lab test data. This enabled CT to reach TD with enough available weight to activate the deployment packer and complete the job. Based on the service's performance in this well, combining the lubricant with the fluid hammer tool would have permitted the operator to perform the desired application in a lateral more than 13,000 ft., or more than twice the length of the existing lateral.

Houlder Americas

Kennie

UK based engineering group Houlder, has launched a new venture to support clients headquartered in the US.

Houlder Americas Inc. opened its San Felipe Plaza doors earlier this year and is already undertaking work for a growing number of clients including Ensco and Schlumberger. Key to the business's success is employing local engineers to work alongside the small team that has relocated from the UK led by Garry Kennie, Houlder Americas Inc. president. Garry previously led Houlder's Offshore Project and Engineering business in Aberdeen.

The Houlder name has been associated with the marine industry since the 1850s when it was formed as The Houlder Brothers' Shipping Line. Houlder entered the Oil & Gas sector in the 1970s as a drilling and subsea contractor - designing, owning and operating mobile drilling units, dive support vessels and semi-submersibles including the Uncle John, currently operating in the Gulf of Mexico.

Today, the company provides wholly independent design & analysis, engineering & innovation and project management services varying from leading semisubmersible rig upgrades and vessel conversions to supplying new deck equipment and handling systems.

Sandvik

Sandvik Process Systems (SPS), a leading supplier of Sulphur Processing & Handling solutions for the oil & gas industry, has expanded its product portfolio by purchasing the proprietary technology and know‐how of the Calgary‐based Brimrock Group Inc. SPS has also reached agreements with current Brimrock employees to become a part of the SPS Global Sulphur Organization while continuing operations out of Calgary, Canada.

This addition significantly extends Sandvik's offering to the sulphur market, including liquid sulphur degassing, block pouring, remelting, granulation, prilling and other services.

Sandvik Process Systems engineering capabilities extends to Full Turnkey Systems, from acceptance of molten sulphur direct from the sulphur recovering unit (SRU) through to bulk storage and truck, rail and ship‐loading facilities.

Sandvik Process Systems engineering and products services capabilities now fits anything from small sulphur removal projects to large scale projects, giving Sandvik Process Systems a unique position for providing sulphur processing and handling solutions.

P2 Energy Solutions

P2 already has a very solid customer base in Thailand - including the national petroleum and exploration company PTT Exploration and Production (PTTEP) – arising from our acquisition of ISS Group in 2013. P2 has delivered a number of Production Data Management Solutions (PDMS) to PTTEP with additional projects ongoing. P2 also has customers leveraging our joint venture accounting platform, and the opening of the local office provides local support and on the ground resources to its customers.

Customers in the upstream oil and gas sector will benefit from a broad range of P2 products, including Production Operations (built on ISS Group's proven solutions), IDEAS, Reserves Management and Beyond Compliance.

The office will be headed up by new hire Bart Saunders, who joins P2 with seven years' experience in the Thailand upstream oil and gas software solutions domain.

Stabil Drill

Alvarez

Stabil Drill, a subsidiary of Superior Energy Services, has named A. Mauricio Alvarez as Latin America sales manager, announced Marty LeBlanc, Stabil Drill's chief financial officer.

Based in Houston, Alvarez will identify new clients in the Latin American region through an active and structured approach and will also build relationships between clients and the operations teams in all South American countries.

Before joining Stabil Drill, Alvarez worked as the Latin American region manager for Frank's International in Peru. He holds more than 30 years of experience in drilling operations, sales, services and strategic business planning.

PD&MS Energy

International engineering company PD&MS Energy and specialist fabrication and engineering firm Harlen have committed £2.5million of investment towards a new state of the art rig repair and subsea fabrication facility in one of Scotland's premier ports.

The 38,750sq ft facility on Princess Alexandra Wharf at Port of Dundee is expected to house up to 50 full time personnel - rising to upwards of 260 including contractors during specific projects - and manage offshore asset service works in excess of £8million in its first financial year.

The investment allows PD&MS, renowned for its project management and offshore engineering knowledge to provide a full concept to completion service with the support of leading fabrication & engineering company Harlen, who will deliver fabrication services from the new facility.

Previously based in neighbouring Prince Charles Wharf on a short-term lease, the new, larger facility is optimised for rig repair and upgrades, vessel repair and mobilisations, large fabrications and general work across other energy sectors. An initial £1million investment has been made in the workshop with a further £1.5million expected over the next three years.