Ardyne, an Aberdeen and Norway-based fishing, milling and casing restoration supplier, has introduced a strategic alliance with Dynasty Vitality Companies (Dynasty), a frontrunner in specialised fishing providers and plug and abandonment (P&A), to ship enhanced P&A providers all over the world
The unique partnership will allow simpler entry to main world-class downhole applied sciences from each corporations to ship main price and time efficiencies for P&A operations. As a part of the settlement, Ardyne’s US staff of 5 individuals will switch to Dynasty, making certain continuity from staff skilled in working Ardyne gear during the last three years in US onshore and offshore functions.
The alliance broadens Dynasty’s market providing within the western Hemisphere, whereas additionally enhancing Ardyne’s expertise providing within the North Sea and wider jap Hemisphere. It additionally permits for elevated efficiencies for purchasers in each western and jap Hemisphere markets.
Alan Fairweather, CEO of Ardyne, commented, “The way forward for many oil and gasoline provide chain corporations will rely on their skill to adapt to market circumstances and to proceed figuring out alternatives to enhance their providing by creating higher operational efficiencies.
“Our strategic alliance with Dynasty shouldn’t be solely thrilling for Ardyne, it additionally presents a mannequin for different corporations of an analogous measurement to strengthen their present expertise portfolio and ship a extra sturdy international providing to purchasers.”
Ardyne will carry to the desk its programs for casing restoration which save rig time and may present options to difficult operations. The corporate’s Casing Restoration Toolbox affords flexibility and performance to optimise operations and rapidly adapt to surprising circumstances.
Ardyne’s TRIDENT system, an built-in, single-trip casing slicing and pulling system has been developed to avoid wasting rig time whereas providing precision and extra performance can be on supply. Moreover, the TITAN system supplies energy downhole, enabling repeatable, on demand casing slicing and jacking functionality in a single journey – it has been run efficiently greater than 1,200 occasions all over the world.
From Dynasty, the distinctive Predator thru-casing part milling expertise mitigates sustained strain, offering a safe atmosphere for barrier placement, saving prices by means of much less rig time and a number of journeys within the effectively. The Predator permits stabilised a number of string part milling with out damaging outer casing strings. It permits actual time decision-making, higher flexibility and contingency planning – particularly useful for P&A campaigns the place the unique effectively information are questionable or absent.
Combining Predator with the TRIDENT and TITAN programs permits a number of time saving options for P&A operations, with the advantage of being obtainable from one service supplier.
Alan Fairweather continued, “Forecasts for the decommissioning market are wholesome however to maximise these alternatives would require higher innovation in expertise and repair provision. The unique partnership between Ardyne and Dynasty solutions the necessity for a very world-class full service fishing, milling and casing restoration providing for the international P&A sector.
“It reaffirms our ongoing dedication to the North Sea well-decom effectivity instrument package and opens our enterprise as much as higher alternatives within the places the place Dynasty is already established, together with the Gulf of Mexico and US land.”
Keith Alexander, govt VP and chief operations officer of Dynasty Vitality Companies, added, “Below the partnership settlement, we’ll provide Ardyne’s applied sciences to help our providers within the Western Hemisphere whereas Ardyne will provide our merchandise together with their very own within the Japanese Hemisphere.
“Combining our applied sciences to determine a stronger, holistic providing represents a win-win for each corporations. Nonetheless the last word winners are the purchasers who will profit from simpler entry to our merchandise to assist them obtain higher P&A efficiencies.”