Partners and Suppliers in the Oil and Gas Service Sector – Part 2

9. Prosafe ASA (Norway)

Prosafe operates globally and has around 340 employees. The company is headquartered in Larnaca, Cyprus and is listed on the Oslo Stock Exchange under the ticker PRS. Operating profit reached USD 222.2 million in 2007.

Prosafe is comprised of a parent company and business division Offshore Support Services, the world’s leading owner and operator of semi-submersible hosting/service platforms.

Prosafe has over three decades of operating experience in the world’s largest oil and gas provinces. With an excellent uptime track record, strong financial performance, and the ability to deliver innovative in-house technology and cost-effective solutions, the company has positioned itself as a provider of high-quality services.

Prosafe owns and operates 12 lodging platforms (flotels).

10. Reservoir exploration technology (Norway)

Reservoir Exploration Technology ASA (RXT) is a marine geophysics company specializing in multi-component seismic seabed acquisition.

Until May 2006, RXT has been operating with one crew in the Gulf of Mexico, a two-vessel operation comprising a draft vessel and a cable/buoy handler. Its GOM operations began in June 2004 and have demonstrated the superior imaging capabilities of VSO sensors and cables.

RXT is planning a change according to the information on their site: “What we are going to do; Innovative business models to drive the business of multiple marine components: in production fields, for long offset applications in obstructed areas, for span of 3D weather, Develop a “toolbox” of acquisition methods (for deep water, for shallow water, for transition zones) Focus entirely on what we do best: marine acquisition.

Vision Statement: “To become the leading provider of multi-component seabed acquisition.”

11. SBM Offshore (Netherlands)

SBM Offshore NV is a pioneer in the offshore oil and gas industry. Worldwide, we have more than 4,000 employees representing 40 nationalities and we are present in 15 countries. Our activities include offshore engineering, supply and installation of most types of offshore terminals or related equipment. In addition, SBM Offshore owns and operates its own fleet of floating storage and offloading (production) units. SBM Offshore has a history of developing innovative and cost-effective solutions to its clients’ changing needs. Each company in the group contributes its technical expertise, making SBM Offshore a market leader.



pioneered single point mooring (SPM) systems, dynamically positioned drillships, jackup drilling rigs and heavy offshore cranes.

SBM Offshore’s current activities include offshore engineering, supply and installation of SPM systems for offshore vessel loading and unloading or permanent mooring of offshore oil production and/or storage vessels, as well as such as the turnkey supply of complete floating facilities for the production, storage and export of crude oil and gas.

The latter includes (FPSO), (FSO), (TLP), (FPU) and (MOPU).

12. Sevan Marine (Norway)

business model

Sevan Marine ASA is listed on Oslo Børs (ticker SEVAN) and specializes in building, owning and operating floating units for offshore applications. The company has developed a cylinder-shaped float, suitable for all marine environments. Sevan Marine currently has four floating production, storage and offloading (FPSO) units and three drilling units on contract with customers. The Company is also developing other types of applications for its Sevan cylindrical hull, including floating LNG production and CO2 capture power plants.

The Company’s business strategy is based on a Build-Own-Operate model, which gives Sevan control over the value creation chain.

13. Saipem (Italy)

“The Group is now the largest, most powerful, most international and best balanced turnkey contractor in the oil and gas industry.” The organization has been streamlined into three global business units: Onshore, Offshore and Drilling. Enjoys a superior competitive position for the provision of EPIC/EPC services to the oil industry both onshore and offshore; with a particular focus on the toughest and most technologically challenging projects: remote area activities, deep water, gas, difficult oil.

Along with its strong European content, most of its human resource base comes from developing countries. Saipem employs more than 30,000 people of more than 100 nationalities…employs a large number of people from the most profitable developing countries…and has major service bases in India, Croatia, Romania and Indonesia.

Saipem has a distinctive Health and Safety Environmental Management System and its Quality Management System has achieved ISO 9001:2000 certification from Lloyd’s Register Certification.

14. Subsea 7 (Norway)

Subsea 7 is one of the world’s leading engineering and construction companies, offering all the expertise and assets that make the development and operation of the Subsea Umbilical, Riser and Flowline (SURF) field possible.

With a multinational workforce of more than 5,000 employees, the company’s offshore operations are supported in the North Sea, Africa, Brazil, the Gulf of Mexico and Asia Pacific.

Subsea 7’s experienced and trained project managers and experienced engineers deliver all the disciplines that make subsea oil and gas development and operation possible, including full EPIC services and field life IRM services.

These services are supported by a modern fleet of pipeline, construction, diving and ROV support vessels. Global operations include reel and logistics bases that are supported by dedicated in-house inspection and positioning resources along with technology development, including robotic intervention services.

“Our deep-rooted culture of health, safety, environment and quality is inherent in everything we have accomplished to date and continues to be the fundamental foundation of performance.”

15.Technip (France)

Engineering, technologies and construction services for Oil and Gas, Petrochemical and other industries.

“Backed by 50 years of experience and thanks to the experience and knowledge of its teams, Technip is a key contributor to the development of sustainable technologies and solutions for the exploitation of the world’s energy resources.”

2007 key figures: 23,000 employees in 46 countries, Industrial assets on five continents, A fleet of 19 ships in 2010, Operating income from recurring activities: €247 million, Revenue: about €7.9 billion.

Fields: submarines, offshore and onshore.

16. TGS Nopec (Norway)

TGS-NOPEC Geophysical Company (TGS) is a premier resource for non-proprietary global geoscience data products and services in the oil and gas industry. Countries around the world have relied on TGS to help with licensing rounds and preparation of regional data programs. This global presence, which includes offshore surveys conducted in more than two dozen countries, is made possible by a diverse staff on three continents. Success in this competitive marketplace reflects a proud reputation for benchmark quality and personalized service.

1. Geophysical products and services. TGS specializes in the design, acquisition and processing of 2D and 3D multi-client seismic surveys around the world.

2. Geological data products and services. TGS also offers an industry-leading collection of digital well logs, well data management and services, multi-client interpretive products, and subsurface consulting.

3. Imaging Services. TGS offers advanced, high-performance software and imaging solutions to support your geoscience data programs.

17. John Wood Group (GB Scotland)

Wood Group is a $4.4 billion global energy services company that employs approximately 25,000 people worldwide and operates in 46 countries.

Wood Group is a global energy services company with sales of over $4.4 billion, employing approximately 25,000 people worldwide and operating in 46 countries.

The Group has three businesses: engineering and production facilities, well support and gas turbine services, which provide a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services for the industries of power generation and oil and gas around the world.

Wood Group is among the world market leaders in: deepwater engineering, offshore pipelines, artificial lift using electric submersible pumps, oil and gas production enhancement in mature fields, repair and overhaul of industrial gas turbines.

Wood group focuses on three areas: 1. Engineering and production facilities. Greenfield, infield engineering, production improvement and maintenance. 2. Support to wells and 3. Gas Turbine Services.

– Information collected from the websites of companies…HJB

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