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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Wärtsilä Electrical Systems for SIEM RoRo Ferries

Wärtsilä has been awarded the contract to provide integrated turnkey electrical solutions for four new RoRo ferries being built at the Flensburger Schiffbau-Gesellschaft (FSG) yard in Germany.

Mermaid Maritime Bags Subsea Contracts, Delays Newbuilding

Thailand’s Mermaid Maritime said it has been awarded a number of subsea contracts in the Middle East with a total worth of $11million.   It has also reached

Diana Charters Out Two Bulkers

Diana Shipping Inc. today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Bunge S.A., Geneva, for one of its Panamax dry bulk vessels,

Offshore

Mermaid Maritime Bags Subsea Contracts, Delays Newbuilding

Thailand’s Mermaid Maritime said it has been awarded a number of subsea contracts in the Middle East with a total worth of $11million.   It has also reached

Hercules Offshore Filing for Bankruptcy Again

Hercules Offshore Inc said it planned to file for prepackaged Chapter 11 bankruptcy, just six months after the rig contractor emerged from bankruptcy protection.

DONG Energy Listing to Value Group at up to $16 Bln

DONG Energy's has set a potential $16 billion price tag on its stock market debut, giving investors a chance to buy into the growth in offshore wind power, but

Finance

CMA CGM Intends Offer to Acquire NOL

Following the satisfaction and waiver (as the case may be) of the conditions set forth in the pre-conditional offer announcement dated 7 December 2015, CMA CGM S.

Oman Shipping Makes Profit

Oman Shipping Company (OSC) reported a $180 million profit in 2015. Tariq bin Mohammed Al Junaidi, chief executive officer of OSC has been quoted by  Oman News

Korean Shipbuilder Could Be Liquidated

South Korea's STX Offshore & Shipbuilding Co. has filed for receivership, following massive losses that have mounted up over the past two years, says a report in the WSJ.

Energy

Strike In France: Implications for Tanker Demand

After the oil industry suffered from a severe drought in Venezuela, forest fires in Canada and rebel attacks on oil installations in Nigeria, it is now facing

Floating Storage Flattens Fortunes of $50 Crude

The prices of WTI and Brent crude briefly rose above $50/bbl during intraday trading on Thursday, the highest level seen since the end of July 2015, giving traders a brief moment of optimism,

GloMEEP Project Forges Ahead with Train-the-Trainer Workshop

A global Train-the-Trainer workshop on energy efficiency has been delivered in China (23-27 May), preparing the personnel needed to cascade knowledge on energy

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Offshore Oil Pipelines Port Authority Salvage Ship Repair Ship Simulators Winch
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: 0.1037 sec (10 req/sec)