WIRELINE ISSUE 30 WINTER 2014

AWARDWINNERS 2014

AWARD FOR INVESTMENT IN PEOPLE, SPONSORED BY PETROTECHNICS SME

Axis Well Technology picked up this award in the SME category for its commitment to improving performance through the continuous development, growth and retention of its team of 160 employees and consultants. Alongside training and mentoring schemes, the company has operated a successful reward and recognition programme since 2001 where staff benefit from a profit-share bonus scheme. The company’s commitment to training has contributed towards strong year-on-year sales growth with a 14 per cent increase in revenue in 2013. Large Enterprise Bibby Offshore Limited (BOL) won the Award for Investment in People in the large enterprise category. One of the company’s core values is recognising its employees talents. Bibby’s competency and training department, in turn, promotes staff development across the business. The BOL Academy was launched in 2011 to deliver training and development, which includes a graduate training scheme. Since its inception, 32 graduates have completed the scheme and become full-time employees. Meanwhile, the company’s engineer conversion programme, implemented in 2013, looks to bridge the skills gap in the subsea engineer sector by supporting, training and mentoring candidates. In the SME category, Meta scooped the Award for Business Innovation. Meta’s products aim to ensure isolation integrity across the well’s life cycle. Its product range is underpinned by Metalmorphology – a unique technology that shapes metal downhole using hydraulic fluid pressure to produce a metal-to-metal isolation that conforms and creates a seal. Meta has created a new marketplace for the technology and has secured over 40 patents for its techniques, making a potential saving for one client of around $4 million and helping another to triple production on its most productive well. One operator has described Meta’s products as “crucial” in enabling the company to plan for well integrity over the field’s lifetime. Large Enterprise The Award for Business Innovation in the large enterprise category went to EnQuest . The company is focused on drawing value from undeveloped oil fields and ageing assets through significant financial investment, technical expertise and innovative thinking. At the heart of its strategy is the Thistle Late Life Extension (LLX) project, designed to recover a further 35 million barrels of oil from the Thistle and Deveron fields and extend production life to 2025 and beyond. By simplifying plant equipment layout and upgrading obsolete systems, EnQuest is reinvigorating one of the North Sea’s oldest platforms and ensuring it continues to produce for many years to come. LLX is now recognised by industry as a proven template for successfully extending the life of ageing assets. AWARD FOR BUSINESS INNOVATION, SPONSORED BY BP SME

Axis Well Technology (pictured: Jim Anderson, CEO)

Bibby Offshore Limited (pictured: David Forsyth, Group QHSE Director)

Meta (pictured: Kevin Stewart, CEO)

EnQuest (pictured: John Cowie, Area Manager, Northern North Sea)

3 6

T H E M A G A Z I N E F O R T H E U K O F F S H O R E O I L A N D G A S I N D U S T R Y