ROMAR International Secures Shell UK Contract

press release
Tuesday, November 01, 2011

Aberdeenshire-based oilfield service company ROMAR International has announced a contract award with Shell UK.

 

The scope of work involves ROMAR providing swarf handling equipment and personnel to recover metal cuttings during the plugging and abandonment of six wells for the UK oil major. The ROMAR specialist equipment removes metal contaminants from all forms of drilling fluids. ROMAR is currently in the process of planning to mobilise equipment and crew to Shell’s Shearwater field in the central North Sea for the next well at the end of October.

 

ROMAR provides magnetic separation products and services to operators and drilling contractors globally. The products deliver increased safety performance by removing large quantities of swarf and metal particles from fluid systems. This reduces the need for unnecessary mechanical or human intervention, whilst eliminating the system operators’ exposure to swarf and hazardous chemicals. ROMAR’s patented range of en-mass magnetic separation products are the only technologies of their kind currently available to the offshore oil and gas industry and underpins ROMAR’s position as market leader in this sector.

 

George Yule ROMAR chairman said: “This important contract win is testament to the quality of the technology and client service that ROMAR International offers, and we are looking forward to working with Shell UK throughout this programme. Large volumes of swarf waste can be produced during the well plug and abandonment phase and the need to have a reliable and efficient means of disposing of this at surface is a critical consideration for companies carrying out this type of activity.

 

“ROMAR’s swarf recovery equipment is field-proven technology and has been used by major North Sea operators in both the UK and Norwegian North Sea. Due to the future increase of well plugging and abandonment in this region we anticipate there will be a strong demand for this type of service in the sector. In line with this industry requirement, ROMAR has made a six figure investment in developing and manufacturing additional swarf recovery and disposal technologies.”

 

ROMAR has experienced around 40% year-on-year growth against its 2010 performance with revenue increasing in the year to date from £1.8million in the previous 12 months. ROMAR INTERNATIONAL expects its planned growth will create further employment opportunities locally and overseas in support of a sales and marketing campaign aimed at gaining market share in new geographies for the company. The company currently trades in many oilfield industry provinces including North Sea, Africa, Gulf of Mexico, SE Asia, South America, FSU and Canada.

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

TEPNG Integrates AVEVA Engineering & Design

AVEVA announced that TOTAL E&P Nigeria Ltd. (TEPNG) has adopted AVEVA’s Engineering & Design solutions as part of an Integrated Engineering & Design approach. TEPNG

McDermott Signs Agreement for North Sea Spoolbase

McDermott International, Inc. announced that one of its subsidiaries has signed an option agreement with PD Ports which gives it the exclusive right to operate

Latest Shipbuilding Contracts Include VLCC Order for Philippine Yard

In the latest Clarkson Hellas S&P Weekly Bulletin newbuilding orders are reported in Far East shipyards for a range of vessels as follows: Bulk carriers Clarkson

Offshore

Ex-BP Employee Settles Insider-trading Oil Spill Case

A former 20-year veteran of BP plc who oversaw the company's cleanup efforts from the Deepwater Horizon oil spill will pay more than $224,000 to settle civil charges

Offshore Service Vessels Design Innovation

It could be argued that no other sector of the maritime market has experienced a design innovation revolution quite like the Offshore Service Vessel (OSV) market.

Offshore: Seacor Raises the Bar Again

Long acknowledged as a firm to watch in U.S. crewboat and fast supply boat innovation, Seacor Marine will be attracting industry attention once again when its latest

Finance

Commodity Giant Steps out of the Shadows

A detailed new case study scrutinizing the risk-management Swiss-based Trafigura is the latest effort to "demystify" the once-secretive commodity trading industry,

Blackstone Unlikely to Enter Commodities Trade

Blackstone exec doesn't expect move into commodities in near term Blackstone Group LP is unlikely to make a foray into commodity trading in the short term as

Ex-BP Employee Settles Insider-trading Oil Spill Case

A former 20-year veteran of BP plc who oversaw the company's cleanup efforts from the Deepwater Horizon oil spill will pay more than $224,000 to settle civil charges

Energy

Commodity Giant Steps out of the Shadows

A detailed new case study scrutinizing the risk-management Swiss-based Trafigura is the latest effort to "demystify" the once-secretive commodity trading industry,

Ex-BP Employee Settles Insider-trading Oil Spill Case

A former 20-year veteran of BP plc who oversaw the company's cleanup efforts from the Deepwater Horizon oil spill will pay more than $224,000 to settle civil charges

YPF Tenders to Buy Fuel Oil for June

State-run oil company YPF launched its second fuel oil tender in April, this time to buy two 50,000 metric ton cargoes (some 375,000 barrels each) to be received

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Pipelines Pod Propulsion Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1043 sec (10 req/sec)