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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
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.
AWARD FOR BUSINESS INNOVATION,
SPONSORED BY BP
SME
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.
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)
