Tube Products International March 2015

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business & market news
14 Tube Products International March 2015
ICoTA presents innovation award
The Intervention & Coiled Tubing
Association (ICoTA) has presented its
European Chapter Innovation Award
to Oilenco’s OneDrift technology, in
recognition of the company’s dedication
to technical innovation. Oilenco
previously won the award in 2012 for its
Soak Sleeve and Syringe system.
The company was presented with
the award at the SPE ICoTA 20th
Well Intervention conference held in
Aberdeen, UK, with the technology
impressing judges with its ability to
provide a mechanical means of gauging
the inside diameter of the wellbore
completion in one run.
The technology aims to reduce the
number of investigative runs required
and is used to detect ‘unforeseen’
restrictions such as scaled or collapsed
tubing. It can also be run in multiples
to simulate a bottom hole assembly of
a particular length with varying outer
diameters. This removes a requirement
to manufacture bespoke dumb iron
drifts from scratch for every application.
Warren Ackroyd, Oilenco managing
director, collected the award, stating,
“It’s great to win this award and we’re
really pleased indeed. Most of our
business is looking at bespoke designs
and requirements for the customer and
turning them into reality so it’s great to
have this award under our belt.”
ICoTA chair Kelly Murray commented,
“The consensus among the judging
panel was that the genius of Oilenco’s
innovation lies in its simplicity. It seems
an obvious solution but demonstrates
a step change. The solution Oilenco
has delivered is distinctly different to
conventional drifts.”
The Innovation Award recognises
outstanding technical innovation
or application of technology for well
intervention, and previous winners
include Interwell, BP Exploration and
Baker Hughes.
ICoTA is a not-for-profit, member-
funded organisation active in the oil and
gas industry and made up of oil and
service companies. It provides a global
network of professionals, engineers
and technical experts across all well
intervention disciplines though a series
of events.
ICoTA – European chapter – UK
Kelly Murray
presented the
innovation award
to Oilenco’s
Warren Ackroyd
Titanium Europe 2015
Titanium Europe 2015 will be hosted by
the International Titanium Association
(ITA), 11-13 May, at the Hilton
Birmingham Metropole, Birmingham,
UK.
The event will provide a platform to
gain insights into the European titanium
industry and will serve as a networking
venue for business executives.
Presenters will provide outlooks on
world supply and demand; illuminate
developments on the lengthening
global supply chain; clarify near-
term business trends driving the key
commercial aerospace sector; report on
the dynamics of the titanium industry in
developing new industrial markets and
development of innovative products;
and share insights on the potential for
3D titanium additive manufacturing as a
novel, game-changing technology.
Over the past decade, attendance
at the ITA’s North American Titanium
conferences has doubled, drawing
delegates from more than 30 countries.
This growth has occurred as the
titanium industry’s international supply
chain has expanded and become more
complex.
The US Conference draws over
1,000 participants annually, and the
Titanium Europe 2014 conference held
in Italy attracted over 400 delegates
in its second consecutive year. The
Birmingham, UK, venue for Titanium
Europe 2015 is anticipated to draw a
high number of industry professionals to
discuss the dynamics of the European
titanium industry. ITA is also planning
a variety of industry-related tours for
delegates’ participation.
International Titanium Association –
USA