Author Archives: Roxie Nilsson

  1. Penspen Reports $81 Million Worth of New Contracts Secured in First Half of 2023

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    Company’s comprehensive engineering expertise helps improve energy access for communities worldwide

    Penspen today announces a positive start to the fiscal year with $81 million awarded in new contracts during the first half of 2023.

    The company’s latest financial results underscore the trust that energy companies place in Penspen’s ability to deliver tangible results by addressing complex industry challenges, optimising the performance of assets, and maximising value across the full energy value chain – from initial concept through to sustainable operations.

    Key Contract Awards:

    • 28 new contracts with a total value of $67 million in the Middle East and Africa Region for our Engineering, Project Management Consultancy, and Asset Integrity Service Lines, including Study, FEED, Detailed Design, Integrity Assessment, Risk Based Inspection, Project Management Supervision and Consultancy contracts for National and International Energy companies as well as EPC contractor clients
    • 91 new contracts with a total value of $5 million in the UK and Europe across the Asset Integrity, Asset Management, and Engineering service lines including continuing work on a CO2 pipeline for carbon capture, pipeline design for a hydrogen infrastructure project, a site overhauls programme for a gas network, design of fuel farm and hydrant network for aviation, and multi-project contracts from major national energy companies
    • 36 new contracts with a total value of $5 million in North America and Latin America across the Asset Management and Asset Integrity service lines, including projects for the rehabilitation of cathodic protection systems, integrity advisory services for gas transportation systems including the use of our digital platform, THIEA, electrical interference studies for solar power installations, and multi-contract field operations services for a major US exploration and production company

    “We are excited about helping our clients to navigate the evolving energy landscape and to have a positive impact on their businesses and communities. As a result of our relentless focus on delivering the best technical support to help them get the most value out of their energy assets, we have seen strong growth in sales and revenues in the first half of 2023 across all of our regions,” said Peter O’Sullivan, Penspen CEO.

    “Penspen is proud of its contribution to the development of sustainable energy systems through the use of its deep experience and expertise. We look forward to continuing to work together with the industry to shape the future of the energy sector.”

    Neale Carter, Executive Vice President for the Middle East, Africa and Asia Pacific Regions, added: “Our regional business has achieved 30% year-on-year sales growth. This success is a testament to the focus, performance and dedication of our engineering teams and support staff. We are committed to continue delivering exceptional project value for our clients and advancing the development of assets to ensure a stable, secure and abundant supply of energy both nationally and internationally.”

    For media enquiries, please contact:

    • Roxie Nilsson, Global Director of Marketing & Communications, Penspen: r.nilsson@penspen.com
  2. Penspen announces launch of Energy Transition Consultancy

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    Low carbon and hydrogen-related projects at the forefront as company defines pathway to net zero.


    Penspen today announced the launch of its dedicated Energy Transition Consultancy – a multi-disciplinary centre of expertise to lead the international energy industry on the pathway to net zero emissions.

    The Consultancy brings together a range of industry-leading energy transition experts with the know-how to effectively advise clients on low carbon-related opportunities from a project financing and development, regulatory and infrastructure standpoint. The move further strengthens Penspen’s position as a trusted partner in the development and management of infrastructure across the energy sector, providing the technical knowledge required for the industry to reduce carbon emissions and produce cleaner energy across the globe.

    Penspen CEO Peter O’Sullivan said: “Our focus is to improve access to sustainable energy for communities worldwide. We face several challenges in doing that, whether related to the wider economy or to the scale of the investment in the energy sector required. The teams that make up our Energy Transition Consultancy have the broad range of skills required to help our clients navigate the challenges that lie ahead and achieve the goal of net zero emissions, no matter their location or stage on their decarbonisation journey.

    “By working together with operators and their supply chains, we are helping to find the solutions to these challenges, moving us towards a cleaner world with a brighter future from which we will all benefit. However, we need to develop the energy systems of tomorrow whilst continuing to deliver on the energy needs of today and will continue to support our clients in this regard.”

    Penspen’s energy transition work is built around four pillars of expertise: building new hydrogen & CO2 infrastructure, the repurposing of existing infrastructure for the energy transition, operating with hydrogen & CO2, and maintaining infrastructure to maximise its lifecycle. The company’s work in these four pillars spans a range of services, including: Engineering & Project Management, Asset Integrity, Asset Management, Digital Services, alongside the company’s Centre of Engineering Excellence.

    The teams that make up the Energy Transition Consultancy have been involved in many first-of-a-kind sustainability projects across the global energy industry, including:

    • Complete engineering and consenting for a large-scale hydrogen production hub
    • Hydrogen assessment feasibility study for a power station
    • Carbon capture and storage for an onshore/offshore operator
    • Hydrogen blending facility design for natural gas and transmission system
    • Fitness for service and fracture control for a gas transportation pipeline
    • Repurposing power stations for hydrogen
    • Cathodic protection programmes for solar power installations

    Penspen’s Energy Transition Consultancy Team is comprised of Senior Engineers and Consultants with extensive experience building low carbon fuel infrastructure, as well as talented young engineers developed through the company’s successful graduate programme.  This programme emphasises Penspen’s commitment to investing in growing the engineering talent pool to help further energy transition knowledge.

    Peter added: “Penspen have launched this consultancy in response to an increased focus on low carbon fuels such as hydrogen across the energy industry and to address the need to overcome the global dependence on fossil fuels. We believe a key factor in reducing hard to abate sources of carbon emissions, such as domestic heating, industrial heating and heavy vehicle transportation, will be the ability to reuse existing infrastructure at least initially.”

    The announcement comes following the recent COP27 conference in Egypt where Peter addressed delegates on hydrogen and the energy transition, sharing knowledge on how a significant scale-up of low carbon hydrogen is required to decarbonise hard to abate sectors – reducing both carbon emissions and production costs.

    Penspen is an active member of associations including World Hydrogen Leaders, Hydrogen Europe, Energy Industries Council, North West Hydrogen Alliance (UK), and Offshore Energies UK (OEUK), supporting building a brighter energy future through collaboration.

    To learn more about The Consultancy:

    Visit the Penspen Energy Transition Consultancy page.

    For media enquiries:

    • Roxie Nilsson, Global Marketing and Communications Manager, Penspen: r.nilsson@penspen.com
    • Andy Groundwater, Fifth Ring: andy.groundwater@fifthring.com
  3. Penspen Supports Development of Next-Gen Engineers

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    Company graduate training program providing pathway to employment for talent 

    Leading global energy services company Penspen is demonstrating its continuing commitment to the United Arab Emirates with a tailored scheme to develop the next generation of engineers.

    Penspen’s proven expertise in delivering asset solutions at every project stage is providing energy companies with the technical knowledge to meet multiple challenges across the globe, and it is ensuring these skills are passed on to future generations with its Emirati Graduate Program. The scheme is specifically designed for graduates in the United Arab Emirates (UAE)and is delivered in partnership with Khalifa University, with the aim to help future engineers develop the technical competency and real-world experience required to succeed in their fields.

    Neale Carter, Penspen Executive Vice President for the Middle East, Africa, and Asia Pacific Regions said: “We are committed to investing in the Middle East both in terms of projects and people. The region is rich with engineering talent, and we are dedicated to helping graduates fulfill their potential as we all work towards improving access to safe, secure and clean energy supplies for the communities in which we work.”

    Since launching in 2020, 30 people have successfully completed the Emirati Graduate Programme, with more than 20 securing full-time positions with a major national oil company and other locally based energy sector companies, and one employed as a graduate engineer in the Penspen Engineering team in Abu Dhabi. Neale added: “We have established strong relationships with clients across the Middle East, and we will continue to deliver value through the local talent and knowledge we have with our graduates.

    “The programme provides graduates with the opportunity to start their careers from the strongest base possible, working alongside those with a deep knowledge of engineering, ensuring that Penspen knowledge and experience built up over many decades is fused with exciting new ideas. “We look forward to bringing this powerful combination to our clients as well as continuing to support the development of expertise in the UAE for the benefit of the people and the country.”

    Penspen recently announced it had been awarded nearly 30 global contracts in the second quarter of 2022, which followed positive operational momentum from the start of this year.

    Want to learn more about the program?

    Visit our Emirate Graduate Program page here to learn more.

    Contacts

    • Roxie Nilsson, Global Marketing and Communications Manager, Penspen

    r.nilsson@penspen.com

    +44(0)7966 313216

    • Andy Groundwater, Fifth Ring

    andy.groundwater@fifthring.com

  4. Commemorating Her Majesty Queen Elizabeth II

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    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/

     

  5. Penspen Reports $48 Million Worth of New Contracts in Second Quarter 2022

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    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.

    To learn more, visit penspen.com

    Contacts

    • Roxie Nilsson, Global Marketing and Communications Manager, Penspen

    r.nilsson@penspen.com

    +44(0)7966 313216

    • Andy Groundwater, Fifth Ring

    andy.groundwater@fifthring.com

  6. Penspen Celebrates a Successful Start to 2022, Reporting Over $25m Worth of New Contracts During First Quarter

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    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

    r.nilsson@penspen.com

    +44(0)7966 313216

    • Andy Groundwater, Fifth Ring

    andy.groundwater@fifthring.com

  7. Penspen Secures Over $70 million Worth of New contracts in Middle East & Africa

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    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 

    r.nilsson@penspen.com 

    +44(0)7966 313216  

    • Andy Groundwater, Fifth Ring

    andy.groundwater@fifthring.com

  8. Penspen Signs Second Contract with Galfar Emirates

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    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 in recent 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 delivery of multiple type of wells in task order. The exercise will 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 

    r.nilsson@penspen.com 

    +44(0)7966 313216  

    • Andy Groundwater, Fifth Ring

    andy.groundwater@fifthring.com

  9. Penspen to Deliver Next-Generation Engineering Project for Petrozim

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    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 

    r.nilsson@penspen.com 

    +44(0)7966 313216  

    • Andy Groundwater, Fifth Ring

    andy.groundwater@fifthring.com

    +44(0)1224 628088