RDS and Kavin Engineering Form Alliance To Design and Engineer Upstream and Midstream Projects
RDS, a KCA Deutag business, and Kavin Engineering and Services have entered into a strategic alliance that will see the two companies combine their strengths and expertise to jointly pursue design and engineering projects across the upstream and midstream oil and gas market.
RDS is a drilling facilities design and engineering specialist, which has been delivering projects for over 4 decades and has over 60 designs in operation.
Kavin designs and engineers process facilities for FPSO topsides, having successfully delivered complete process topside solutions for 7 FPSOs and single/multiple modules for about 80 FPSOs, over a period of 16 years.
RDS and Kavin will provide services from their operations across five continents, focusing on innovative, cost-effective, fit-for-purpose solutions for clients.
This alliance enables RDS and Kavin to execute onshore and offshore projects from the seabed up, leveraging the strengths and experience of the combined companies across the full project lifecycle.
Albert Allan, senior vice president of RDS, said, “This exciting new relationship presents a broader and deeper market offering that will enable us to draw on the strengths of both organizations to deliver high-value, high-quality projects across a wider spectrum and I look forward to our first joint delivery.”
Ramachandran Sundararaj, Kavin CEO, said, “We feel proud to have achieved this important milestone. This agreement will strengthen the cooperation between RDS and Kavin and will be an enabler for delivering quality custom-built solutions. We are very hopeful that the two organizations will leverage each other’s strength to achieve success.”
Last month, the State Oil Company of the Azerbaijan Republic (SOCAR AQS) and KCA Deutag reached an agreement to form a joint venture that will target opportunities in the offshore and onshore Caspian drilling and engineering market.
The joint venture, which will be jointly owned and managed, will be called Turan Drilling & Engineering Company LLC, based in Baku, Azerbaijan.
Turan Drilling & Engineering will work to grow operations in Azerbaijan and other parts of the central Asia region, combining KCA Deutag’s drilling and engineering services with SOCAR’s knowledge, experience, and infrastructure in the Caspian region.
The KCA Deutag group currently employs approximately 780 people in Azerbaijan, 79% of whom are Azerbaijani nationals. The group has been operating in the country since 1995 when it was awarded its first drilling contract and has a 20-year history of working in Azerbaijan providing design, construction support, platform services, commissioning, and brownfield engineering services through its RDS and offshore business units.
ALE Completes Record Lift for Total’s Egina FPSO
At nearly 3,000 tonnes, the company said its lift of an FPSO module was one of the heaviest land-based crane lifts ever performed. ALE was contracted to lift six modules for Total’s FPSO module integration project in Nigeria.
Capital Discipline Drives E&P Sector as Investors Look for Better Returns
The E&P sector has maintained a strong focus on capital discipline during its recovery from the 2014 oil price downturn, as investors look for companies to generate free cash flow to help pay down debt. How will this focus affect sector growth in the near term?
Shell Sanctions Deepwater PowerNap Project
The subsea tieback is expected to start up in 2021. This is Shell’s second major development on a tieback in the US Gulf of Mexico, following Kaikias’ startup in May.
Don't miss out on the latest technology delivered to your email every two weeks. Sign up for the OGF newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.
16 August 2019
12 August 2019
14 August 2019
14 August 2019