Senergy Opens Business Hub in Stavanger

Aberdeen-headquartered global energy services company Senergy has consolidated its rapid growth in Norway by officially opening major new business and training premises Friday in the region where the company's technical innovation and wells expertise have been pivotal to its success.

Senergy's new business hub in central Stavanger features extensive office accommodation and expanded training facilities to meet growth in its team and an increasing demand for its specialist services. These range from subsurface services, well engineering and well operations to specialised technical training courses and Senergy's proprietary industry leading software products.

The company, which works for the full spectrum of Norwegian oil and gas companies from independents such as Noreco to multi-national operators like Centrica, launched its new premises in Strandkaien by opening its doors to business leaders and demonstrating how Senergy's technical expertise and innovation is helping the region unlock its energy potential.

Senergy's chief executive officer James McCallum, who joined Senergy AS's managing director Oystein Roti at the Stavanger event, said: "Norway is a key region for Senergy and our relocation to larger business premises underlines our commitment to the market. By carving out a niche for ourselves in the delivery of specialist oil and gas technical services, we are well on track to double the size of our Norwegian operations by 2012 and create new employment opportunities for a second consecutive year.

"We have seen more than 20 projects initiated in the past three months alone from our Stavanger base, including providing support to a number of clients in the 21st licensing round, for example Centrica who have successfully secured licenses."

Roti, who was appointed managing director just under a year ago, said the strength of Senergy's wells services was integral to the business's significant growth and the recent appointment of Davide Gaggero as wells manager underpins the focus on the company's well engineering and well operations offering.

"Over the last year, we have invested in our business in Norway by ensuring we have the right people in place. Davide brings a valuable depth of knowledge and experience in drilling project management and complete well engineering and construction, and has been involved in major projects worldwide including Angola, Italy and Gabon.

"Having worked for ENI Norge for the past three years, he also has extensive knowledge and contacts in the Norwegian market and will play a fundamental role in further driving forward and reinforcing Senergy's wells business."

Senergy AS predominantly operates in the Norwegian Continental Shelf where the company's strength is underpinned by the experience that Senergy holds not only in North West Europe but globally. "It is important to remember that Senergy is a global company, which gives us access to a team of over 400 technical specialists, no matter where they sit in the world."

Among current projects that Senergy is involved with is Noreco's exploration activities in Denmark. Senergy is undertaking well planning for the Luna prospect exploration well in the Danish sector which is planned to be drilled in Q3 2011. This project follows on from Senergy delivering project management for the drilling of Noreco's Svanegle prospect in the Norwegian North Sea Continental Shelf which was successfully completed in February this year, and well planning support on the Tasta prospect, which was Noreco's first well as an operator in Norway.

Senergy, which has enjoyed a strong, four-year relationship with Noreco, is also conducting well planning for an exploration well that the independent operator plans to drill in the Barents Sea in Q1 2012.

Other projects include Senergy supporting Centrica with well planning for two drilling prospects in the Norwegian sector. The first is the Butch exploration prospect which will be drilled in Q3 2011 using the Maersk Guardian jack up drilling rig. The second is the Cooper HP/HT (high pressure/high temperature) well in the Haltenbanken sector which is scheduled to be drilled in Q1 2012 using the West Alpha semi submersible drilling rig.

Senergy AS was established in 2005 when the company supported Talisman Energy Norge on the Varg development. Senergy AS has since grown its client portfolio and now supports many of the region's operators including Statoil, OMV and GDF SUEZ with key services encompassing subsurface, well engineering, well operations, geohazard assessment, marine site survey, rig positioning, software design and engineering. Senergy also offers specialist training services with an extensive training programme which covers courses in petrophysics, core analysis, geomechanics (sand production and wellbore stability), reservoir seismic characterisation and geology. The training courses are delivered by Senergy specialists, many of whom are also SPE (Society of Petroleum Engineers) Distinguished Lecturers.