M omentum, an oil- field engineering services firm, re- cently used an unu- sual method for installing an offshore DANA LWS (Light Weight Structure) platform. Dubai-based Momentum installed the LWS for PCPP, a joint venture between Petro- nas Carigalli, PetroVietnam and Pertamina of Indonesia, in 50 metres of water off the coast of Malaysia. Instead of using a derrick barge to install the platform, which is a costly and the more usual process, Momentum loaded the struc- ture on to a barge and installed the structure using a Jackup drilling rig. Traditionally, these struc- tures are installed using a derrick barge at a far greater expense to the client. “Momen- tum continually seeks inno- vative and cost effective solu- tions for their clients”, says Jimmy Larsen, deputy manag- ing director. The company leveraged its 25 years of experience in off- shore operations to complete the installation of the platform – which including the jacket, platform and boat landing weighed over 300 tonnes – on time and without incident. Speaking to Oil & Gas Middle East, Larsen says that Momen- tum is looking towards “excit- ing developments in Malaysia and Iraq,” with these prospects coming off in the successful PCPP installation and a con- tract to supply US giant Baker Hughes with a 750 HP drilling rig in Iraq. Momentum is regis- tered in Ireland and in addition to its Dubai headquarters has offices in Azerbaijan, Turkey and London. Project Snapshot: Dubai-based Momentum saves PCPP time and money by drafting in a jack-up rig for a jacket, platform and boat landing installation in 50m of water PROJECT SNAPSHOT 74 Oil&Gas Middle East October 2011 www.arabianoilandgas.com 300 TON GIANT
Transcript
Momentum, an oil-field engineering services firm, re-cently used an unu-
sual method for installing an offshore DANA LWS (Light Weight Structure) platform.
Dubai-based Momentum installed the LWS for PCPP, a joint venture between Petro-nas Carigalli, PetroVietnam and Pertamina of Indonesia, in 50 metres of water off the
coast of Malaysia. Instead of using a derrick barge to install the platform, which is a costly and the more usual process, Momentum loaded the struc-ture on to a barge and installed the structure using a Jackup drilling rig.
Traditionally, these struc-tures are installed using a derrick barge at a far greater expense to the client. “Momen-tum continually seeks inno-
vative and cost effective solu-tions for their clients”, says Jimmy Larsen, deputy manag-ing director.
The company leveraged its 25 years of experience in off-shore operations to complete the installation of the platform – which including the jacket, platform and boat landing weighed over 300 tonnes – on time and without incident.
Speaking to Oil & Gas Middle
East, Larsen says that Momen-tum is looking towards “excit-ing developments in Malaysia and Iraq,” with these prospects coming off in the successful PCPP installation and a con-tract to supply US giant Baker Hughes with a 750 HP drilling rig in Iraq. Momentum is regis-tered in Ireland and in addition to its Dubai headquarters has offices in Azerbaijan, Turkey and London.
Project Snapshot: Dubai-based Momentum saves PCPP time and money by drafting in a jack-up rig for a jacket, platform and boat landing installation in 50m of water
PROJECT SNAPSHOT
74 Oil&Gas Middle East October 2011 www.arabianoilandgas.com
300 TON GIANT
October 2011 Oil&Gas Middle East 75www.arabianoilandgas.com
PROJECT SNAPSHOT
The 300-ton unit was installed on time and without any lost time incidents.
“We are also known for our rig refurbishing programme and our success in port man-agement,” Larsen says. Momen-tum’s drilling division owns and manages both onshore and off-shore drilling rigs.
“Though the Caspian is a major region for us, we have successfully completed offshore drilling projects in Turkey, India, Bulgaria, the Mediterranean, Bangladesh, and the Arabian Gulf. Onshore, we have com-
“We are looking into exciting developments in Iraq and Malaysia, as well as our traditional heartlands in the Caspian and Arabian Gulf” Jimmy Larsen, deputy managing director, Momentum
pleted the highest elevation well in Turkey and multiple delinea-tion drilling projects in Turkey, Bangladesh and the Arabian Gulf,” explains Larsen.
The company prides itself on delivering projects in diffi-cult, harsh, and remote environ-ments, and has built its reputa-tion providing innovative drill-ing and engineering solutions to increasingly cost-conscious con-tractors. “A part of our business which is doing really well takes
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PROJECT SNAPSHOT
Left: Jimmy Larsen, deputy managing director, Momentum. Above: The delicate LWS offshore installation operation.
By using a jack-up rig instead of a costly derrick barge, Momentum brought the project in below average cost.
full project management respon-sibility – design of the drilling rig; fabrication, upgrade, or refit-ting; site installation; and final commissioning,” says Larsen.
The firm set foot in the Cas-pian region in the early 1990s, owning and operating three onshore drilling rigs in Azerbai-jan. The rigs ranged from 750HP to 2,000HP with which Momen-tum drilled more than 300 wells.
The company then established a regional hub in Baku in 1999 and a further office in Ashqabad, Turkmenistan in 2008. Larsen tells Oil & Gas Middle East that Momentum sees the Cas-pian as “as a huge opportunity. It’s still a really dynamic market for us.”
The firm is currently under-taking sub-sea hyperbaric weld-ing of strengthening plates for repeat client Petronas, using processes developed and designed in-house by Momen-tum engineers.
