The A-team
from: Offshore
Engineer
by: Marshall
DeLuca
Thursday, July 15, 2004
In an
already tight engineering market, new subsea specialist firm Antares
Offshore is making a go of it by banking on years of experience from
its top management team and offering companies an alternative to the
traditional man hour focused way of doing business. Marshall
DeLuca hears how this new player plans to infiltrate the market.
Times are tough in the subsea
engineering world. Major projects are few and far between and
operators are continuingly pushing for lower costs that are
squeezing the margins of contractors fighting to provide those
systems. As a result, now would seem to be an unlikely time to try
and infiltrate this already tight market.
But Bob Carter, a subsea hardware specialist with a résumé dating
back 30 years with stops at shops such as Cameron and Mentor Subsea,
disagrees. Carter says companies are looking for a new level of
subsea engineering service, one that is solution-driven rather than
just focused on the traditional engineering company staple of
supplying man-hours.
As such, late last year Carter and several other seasoned subsea
sector veterans hung out their own shingle to try and parlay what he
tabulates is more than a collective 100 years of direct applicable
experience into a new form of subsea engineering service for the
industry. The new firm, headed by Carter, is called Antares Offshore
and named for the brightest star in the constellation Scorpio,
which, the company adds, coincidentally resembles an arduous subsea
routing arrangement.
Antares' aim is to provide niche engineering and project
management services. What makes this 'niche', Carter says, is
delivering these services from not only the reservoir interface, but
to the end of the export system.
'Our suite of services goes from commercialization through
offshore support and includes both the subsea equipment and
pipelines and risers,' he says. 'It's a continuum. There is seamless
integration so we do not have to hand it off.'
Part of this continuum he promises is being able to provide
solutions that are designed from an installation perspective. In
addition to the company's breadth of subsea engineering knowledge,
several members of the management team also have direct experience
in the marine contracting and installation side of the business -
one even served as a barge superintendent.
'If you can't put it in the water, you can't use it,' Carter
says. 'It is closing the loop. We are not delivering a report or
study that leaves the client somewhere in between having an end
product and getting the equipment offshore and in the water. Our
company is composed of persons who have substantial experience
either in the hardware side of the business or in the contracting
marine construction side. So when they say something about getting
it in the water and getting it right the first time we understand
what that is, we have been there and we understand it.'
And in supplying this service Antares offers an unbiased view
with regard to contracting. While it works with several contractors,
Carter's team keeps a firm distance from affiliating with any single
installation contractor or equipment manufacturer, the point being
to provide absolute objectivity to the customer.
Even though the company is small, Carter says the ultimate goal
is growth, but in a manner that maintains quality. He says
oftentimes as companies grow, the customer tends to suffer as the
top personnel only work on the largest projects and smaller jobs are
assigned to less-experienced staff.
'We need to maintain our quality and be sized properly to deliver
the A-teams,' he says. 'We don't want to get so big that all the
client gets is the C-team that are coming up through the ranks.'
To date Antares has nabbed work on two subsea projects. The
company's first job was for Korea National Oil Corporation (KNOC)
and involved a subsea tieback in 400ft of water on the Donghae-1 gas
development in Korea's East Sea.
The development, which came online in April, consists of an
initial three subsea satellite wells producing through ABBsupplied
5ksi horizontal trees and controlled using an electro-hydraulic
multiplexed control system to a conventional platform supplied by
Hyundai Heavy Industries under an EPCI contract. This platform is
capable of processing up to 75mmcf/d of gas that is then exported
60km through a 14in line to a dedicated onshore terminal through
which it feeds the Korean gas grid.
Antares' role in the job was to provide subsea consultancy
services to KNOC for the project including the hydrotest, dewatering
and drying of the infield flowlines, commission the subsea wells,
SCM replacement and advice on subsea operations and maintenance
issues. Although this project was not technically 'cutting edge', it
was quite high profile as it represented not only Korea's first
subsea tieback, but also the country's first offshore project.
But while Donghae was mostly a consultancy service, Antares' more
recently awarded contract, Carter says, represents a true challenge
for the firm's delivery model. This project involves engineering,
procurement and installation management for a subsea tieback in the
Gulf of Guayaquil offshore Ecuador for Noble Energy's integrated
gas-to-power project that currently provides between 10% and 15% of
the country's electricity. And while like Donghae this job is fairly
straightforward technically, it is again rather high profile in that
it marks Ecuador's first subsea development.
The plan is to tie three subsea wells back between 1.5km and
3.5km through individual flowlines with direct hydraulic control
umbilicals to an existing platform in 150ft of water on the Amistad
gas field. This platform is in turn linked through a 24km pipeline
to a power generation plant onshore.
To-date the trees have been prepurchased by Noble and Antares
anticipates bidding for an installation contractor in the near term
and completing the job by early next year.
As an interesting caveat to the project, Antares is also
implementing a new riser hang-off system at the platform to enhance
the project economics.
The company is planning to install the risers bundled together in
two sections on the platform in order to reduce the number of clamps
and support requirements on the jacket as well as the amount of
diver involvement.
'Ecuador is the first job that challenges the delivery model,'
Carter says. 'The delivery model is robust, flexible, fit-forpurpose
and designed for installation. While not as technically challenging
as other subsea projects might be, it is definitely a very important
job and it is a full scope project,' he adds.
Beyond Korea and Ecuador, Antares has several other projects in
the works. The company is performing studies for several operators
on Gulf of Mexico developments in water depths ranging from 5700ft
to 9000ft as well as another job that Carter is not at liberty to
discuss - other than describing it as 'trés cool'. And while these
projects may not be on the scale of the large, full-scope jobs some
of the larger firms have won, Antares feels they are enough to grow
the company in an admittedly crowded market.
'It is a tough market and we are working to establish our
differentiation with practical solutions,' he says. 'If you are not
very big, it doesn't take big jobs to provide good sustenance for
you.
'We want to be big and our plan is to grow the company. To do
that we will rely on a satisfied clientele to keep business flowing.
Our job is to provide robust, flexible, fit-for-purpose solutions
designed for installation. The others aren't doing it. We have been
there and we know we can do it. We have the relevant hands-on
experience and the full knowledge of what is required,' he adds.
OE
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