Comments Off on Commemorating Her Majesty Queen Elizabeth II
Her historic long reign and dedication of service will live on as an inspiration for generations to come
We are deeply saddened by the passing of Her Majesty Queen Elizabeth II, an extraordinary monarch, leader, and woman.
The Queen ruled for longer than any other monarch in British history, becoming a much loved and respected figure across the globe.
For over 70 years her dedication and unprecedented life of service brightened millions of people’s lives in the UK, across the Commonwealth, and beyond.
We offer our heartfelt condolences to the Royal Family at this time of grief and send our sincere gratitude for the historic reign of The Queen – an inspiration to all for generations to come.
To learn more about The Queen’s long life and reign, or to send a message of condolence, please visit https://www.royal.uk/
Comments Off on Penspen Reports $48 Million Worth of New Contracts in Second Quarter 2022
Company helping develop and safeguard global energy access
Leading global energy services company Penspen has continued its momentum in the second quarter of this year, growing the business with the award of more than 27 new contracts totalling $48 million across the international energy market.
While the industry responds to global requirements for energy access amid high commodity prices and the need to ensure availability of energy sources at an affordable price, Penspen’s proven expertise in delivering asset solutions at every project stage is providing energy companies with the technical knowledge required to navigate the supply of energy in line with economic developments and environmental requirements.
Penspen’s experience in supporting projects for energy operators, utilities, and power providers, from initial concepts through to sustaining and enhancing their assets, has helped the company build on a positive operational performance from the start of this year.
“We are dedicated to helping our clients improve access to safe, secure, and clean energy supply by providing them with integral knowledge to effectively manage their assets now and in the future,” said Peter O’Sullivan, Penspen CEO.
“Penspen has decades of technical expertise in supporting global energy companies develop and safeguard their assets – whether in construction such as delivering natural gas for power generation or repurposing existing assets. We have the people and skills to enable our clients to pave the way for the future of the energy industry, as we move towards net zero.”
Neale Carter, Executive Vice President for the Middle East, Africa and Asia Pacific Regions, added: “Our commitment to The Middle East as one of our core markets combined with the strengths of international and local market experience, helps us deliver key benefits to new and existing energy projects. The team is doing an outstanding job by providing deep engineering knowledge and building strong relationships with our clients, and it is encouraging to see the growing demand for our engineering and project management services as a result.”
Key Contract Highlights
13+ new contracts in the UK and Europe across the Asset Integrity, Asset Management, and Engineering service lines including a large-scale, low-carbon hydrogen project in the UK
7+ new contracts in the Middle East across the Project Management Consultancy, Detailed Engineering, and Asset Integrity service lines, including a multi-year framework agreement with a major Middle East national oil company
7+ new contracts in North America and Latin America across the Asset Management and Asset Integrity service lines, including a high-value pipeline modeling study in Peru
About Penspen
Penspen is a team of insightful people who design, maintain, and optimise energy infrastructure to improve access to sustainable energy for communities worldwide. We help meet the world’s evolving energy needs by providing consulting, project, and engineering solutions across the entire energy asset lifecycle. For almost 70 years, Penspen has served clients with over 10,000 projects in the Middle East, Africa, Asia, Europe, the UK, and the US.
Penspen is a proud member of the Dar Group, a leading, privately-owned professional services group with award-winning impact and global reach. As an engineering, architectural, and planning consultancy that values specialty expertise, the Dar Group is united by a commitment to providing clients with multi-disciplinary solutions rooted in quality, innovation, collaboration, sustainability, and technology to deliver social and community impact.
Comments Off on Penspen Celebrates a Successful Start to 2022, Reporting Over $25m Worth of New Contracts During First Quarter
Helping Enable Operators and Utilities to Improve Access to Sustainable Energy for Communities Worldwide
Penspen are proud to report a successful start in 2022 as we continue build on a strong performance from last year with reports of over $25m worth of new contracts secured during the first quarter of 2022.
Strong demand in the market for Penspen’s energy engineering services and for its extensive experience are driving this strong sales performance. Increased investment in energy infrastructure as a result of higher energy prices, as well as growing investment in planning for the energy transition to achieve Net Zero by 2050, means that many operators and utilities are turning to Penspen to help them improve access to safe and sustainable energy for the communities that they serve.
“We have decades of experience which is highly relevant to the challenges that our clients are currently facing as they switch to delivering lower carbon energy for their customers, whether its building new infrastructure to deliver natural gas for power generation or repurposing existing pipeline networks for use with hydrogen” said Peter O’Sullivan, Penspen CEO. “These sales results are a reflection of the trusted relationships we have built with many long-term clients over the years as we help them address these challenges.”
“It has been a challenging marketplace for everyone, but the team has done an outstanding job in continuing to grow the company, thus enabling us to continue delivering value to our clients,” added Neale Carter, Executive Vice President for the Middle East, Africa and Asia Pacific Regions. “The Middle East is a key market for us and the majority of the new contracts in the region are medium and long-term, demonstrating the faith our clients and partners have in us. I have no doubt, regardless of where our teams operate, they will deliver the high-quality services that Penspen have historically produced.”
Penspen’s market-leading energy consultancy services will be deployed to provide operational and technical performance gains for clients, partners, and people across the globe, including a major Middle East NOC, regional companies in the UK, Europe, US and Latin America, to several multi-national organisations:
15+ new contracts in the UK and Europe across the Asset Integrity, Asset Management, and Engineering & Project Management service lines
8+ new contracts in the Middle East across the Project Management Consultancy, Engineering, and Asset Integrity service lines
2 new Asset Integrity contracts in Latin America, one of which spans over 3 years
Contacts
Roxie Nilsson, Global Marketing and Communications Manager, Penspen
Comments Off on Penspen Secures Over $70 million Worth of New contracts in Middle East & Africa
Company delivers very successful year to date and strong forecasts despite pandemic
We have recorded a highly successful year to date in the Middle East and Africa with a strong performance forecast for the rest of the year.
The company’s Project Management Consultancy (PMC) service line has secured more than $50 million from five new, long-term contracts from a major Middle East NOC during 2021. The Engineering Project Consultancy (EPC) projects being executed under Penspen’s PMC supervision will support the achievement of the client’s 2030 integrated strategy goals.
Penpen’s Asset Integrity (AI) service line has secured more than $10 million from four new, long-term contracts from BP ROO, Dubai Petroleum and a Middle East NOC. The contracts cover a range of Asset Integrity services, including pipeline integrity management, corrosion consultancy, risk based inspection assessment and cathodic protection assessment.
In addition, Penspen’s Engineering service line has brought in more than $10 million from 17 new medium-term contracts from Robt Stone, Galfar Emirates, Target Engineering Construction Company, Archirodon, Arabian Industries, Probus Engineering Construction and Petrozim Line PVT Ltd. The contracts cover a range of support services such as Study, FEED and detailed design for the development of energy assets in the Middle East and Africa.
“We are delighted with our performance in the Middle East and Africa so far this year, particularly in light of such challenging global market conditions caused by the pandemic. These long and medium-term contracts establish a solid platform for further growth throughout this year and beyond, ” said Neale Carter, Executive Vice President for the Middle East, Africa and Asia Pacific regions at Penspen.
“We appreciate the confidence placed in us by our highly valued clients. Their trust in us to deliver our leading Project Management Consultancy, Asset Integrity and Engineering Consultancy services is the driver behind our continuing regional expansion. We have doubled our regional workforce in the past four years to over 560 members of staff, and to support our new contract awards we expect to see our numbers grow to over 600 members of staff by the end of 2021.”
Contacts:
Roxie Nilsson, Global Marketing & Communications Manager, Penspen
Comments Off on Penspen Signs Second Contract with Galfar Emirates
Technical expertise recognised with four-year agreement for 51 wells in Abu Dhabi
We have secured a four-year contract from leading engineering, procurement and construction (EPC)organisation,Galfar Engineering & Contracting Emirates. This is Penspen’s second award from Galfar inrecent months.
Having built a significant track record in onshore pipeline engineering, Penspen has been chosen to provide the procurement and construction of flowlines and wellhead installations for 51 wells in ADNOC Onshore’s oilfields at Shah, Qusahwira and Mender in Abu Dhabi, UAE.
The scope of the project is to increase the crude oil production from the subject fields whilst ensuring timely deliveryof multiple type of wells in task order.The exercisewill see Penspen, with its extensive experience from similar projects, cover the design and detailed engineering of different types of wells, including gas lift, water alternating gas (WAG), electrical submersible pump (ESP), water injection and water disposal wells. Additionally, Penspen will support Galfar with project delivery to ensure that time, quality and budget is met by June 2025.
Mohamed Elwakeel, Penspen’s Regional Sales and Marketing Director for the Middle East, Africa and Asia Pacific Regions, said: “The latest contract award is another endorsement of the long track record Penspen has had in the Middle East. This year marks 60 years since our first office opened in the Middle East, and we are delighted to be continuing to work with key local partners such as Galfar Emirates and ADNOC Onshore.
“It is through relationships like these that the Penspen name has become synonymous with offering skilled solutions to client dilemmas, regardless of where the work is in the world. The differentiator for Penspen is the technical and operational quality of service we deliver to clients, and the range of work required across 51 wells will suit our experienced teams.
“We look forward to working with Galfar and ADNOC on this project, as well as others in the future.”
Penspen has been providing engineering, project management, asset management and integrity services to the oil and gas industry worldwide for more than 65 years since being founded as Spencer & Partners in 1954. Since then, the company has undertaken more than 10,000 projects, and has grown to include over 1,000 engineers, with major offices in key global locations.
The announcement of the Abu Dhabi contract comes just days after it was revealed that Penspen had secured a 10-month engineering contract from Petrozim Line Ltd to deliver a next-generation engineering project for the Feruka-Harare pipeline in Zimbabwe.
Contacts:
Roxie Nilsson, Global Marketing & Communications Manager, Penspen
Comments Off on Penspen to Deliver Next-Generation Engineering Project for Petrozim
Engineering and procurement expertise will enhance operational efficiency and pipeline management capabilities.
We have been awarded a 10 month engineering contract from national oil company Petrozim Line Ltd to deliver a next-generation engineering project for the Feruka-Harare pipeline in Zimbabwe.
Designed to enhance operational efficiency, the contract will see Penspen support Petrozim on their mission to achieve maximal capacity to meet increasing petroleum products demand.
“This contract award is a testament to Penspen’s strong reputation and experience in Africa and we look forward to working with Petrozim on this exciting project”, said Neale Carter, Penspen Executive Vice President for the Middle East, Africa and Asia Pacific Regions. “Penspen’s scope of work included in the project award demonstrates our range of capabilities in the region and beyond, as a leading provider of engineering services to the energy industry.”
Originally designed by Penspen and constructed under its supervision, the 208km long Feruka-Harare pipeline network will undergo operational modifications to ensure its transfer ability to meet the increased demand of petroleum products such as diesel and gasoline. Penspen will deliver detailed engineering and procurement support services for the multi-product pipeline project, including the establishment of a ‘series pumping’ operation, as well as a range of key project components at different sites across the region.
The exercise includes two new mainline pump-sets (pump, motor and variable speed drive packages), piping modifications for the connection of new mainline pump-sets and two new power transformers to supply the new mainline pump-sets. Additionally, Penspen will oversee piping, instrumentation and metering skid modifications as part of the project. Electrical switchgear, transformers, switchboard, distribution board and a stand-by diesel generator with weatherproof enclosure and diesel tank will also be supplied as part of the contract award.
Penspen has been providing engineering service support to Petrozim for over 20 years and in 2012 completed the FEED, which increased the capacity of the pipeline and the Harare storage facility.
Contacts:
Roxie Nilsson, Global Marketing & Communications Manager, Penspen
Comments Off on Penspen wins Additional Detailed Engineering Project from Target Engineering Construction Company
We have secured a detailed engineering project award from Target Engineering Construction Company, a leading engineering, procurement and construction (EPC) contractor in Abu Dhabi, UAE, commencing in December 2020.
Penspen will undertake engineering works for the existing T-1517, 1518 and 1519 crude oil tanks in the Jebel Dhanna Crude Receiving facility. This latestproject is in addition to the ongoing detailed engineering contract awarded to Penspen by Target Engineering for the facility in Jebel Dhannna earlier this year.
The scope of engineering support services Penspen will provide includes a site survey, insulation selection, tank dome roof design and a tank shell adequacy check due to the additional loading that will be taking place.
Checks for both tank foundation adequacy and tank shell and foundation/anchor bolt adequacy for wind and seismic activity will also be undertaken. Penspen will develop structural engineering drawings with abill of quantities (BOQ), as well as preparation tank modification drawings related to insulation cleats, dome roor support cleats and platform modifications as part of the remit.
Neale Carter, Penspen’s Executive Vice President for the Middle East, Africa and Asia Pacific Regions, said: “To be awarded further work in conjunction with the existing contract we have with Target Engineering is excellent and a great example of Penspen’s reputation within the Middle East market.
“We are confident that our expert services will be delivered seamlessly and build upon the excellent relationship between Penspen and Target Engineering.”
Comments Off on Penspen Wins £1.8m Contract From Galfar Engineering & Contracting Emirates
We have secured a £1.8m detailed engineering project award from Galfar Engineering & Contracting Emirates, a prominent engineering procurement and construction (EPC) contractor in the Middle East.
The EPC award will see Penspen undertake well tie-in work at the main Haliba oil field and peripheral prospects. The company will also support with the design and detailed engineering of different types of wells, including: straight oil producers, ESP/artificial lift and water injection wells.
The Haliba oil field, also known as the area 1 onshore oil field, is on the south-east border of Abu Dhabi in the United Arab Emirates (UAE). The onshore field was brought on stream in July 2019. It is owned and operated by Al Dhafra Petroleum, a joint venture established in 2014 between the Abu Dhabi National Oil Company, the Korea National Oil Corporation and GS Energy.
Being developed in two phases, the Haliba onshore field is expected to reach up to 60,000 bbopd production capacity by 2023.
The Penspen contract covers 75 wells over four years. The first tranche of work will be for 11 wells.
Neale Carter, Penspen’s Executive Vice President for the Middle East, Africa and Asia Pacific Regions, said: “This is the first project we have secured with Al Dhafra Petroleum, and we are hopeful that our relationship will continue to strengthen for further work.
“Our Middle East and Africa (MEA) team has a stellar reputation of delivering work to the highest standard, and we are pleased that Penspen can play its part in providing EPC services to the Haliba oil field.”
Comments Off on Penspen Secures Project with Target Engineering Construction Company
We have been awarded a detailed engineering contract for crude receiving facilities at Jebel Dhana from Target Engineering Construction Company, a leading engineering, procurement and construction (EPC) contractor in Abu Dhabi, UAE.
The scope of work includes the development of facilities for unloading the Upper Zakhum (UZ) field and Non-System (NS) crudes at Jebel Dhana from tankers.
The work will be carried out using the existing single point mooring (SPM-2), subsea pipeline, onshore pipeline and gravity pipeline to the three large tanks already in place. Both UZ and NS crudes will be blended and the crude will be transferred to Ruwais Refinery West to feed the crude oil distillation unit (CDU) with 420,000 barrels per day.
Target Engineering Construction Company offers in-house services for major construction disciplines in onshore and offshore areas, with more than 40 years’ experience in the oil and gas sector. This contract is the second that the company has awarded to Penspen this year.
Neale Carter, Executive Vice President for the Middle East, Africa and Asia Pacific Regions, said: “Our Middle East and Africa team has a stellar reputation of delivering work to the highest standard, and we are pleased that Penspen has been chosen for this detailed engineering contract so that we can continue to build on this. We look forward to continuing to grow our working relationship with Target Engineering Construction Company in the region during this project.”
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