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O&GME Top 30 Oilfield Services Companies 2017: 11-15

Welcome to the Top 30 Oilfield Services Companies 2017, the inaugural edition of this annual list.

11. Siemens

German industrial services doyen Siemens has consistently enhanced its oil and gas offering, by virtue of which the enterprise is also regarded as a key oilfield services provider. The company banks on its legacy of 150 years of presence in the Middle East to do business with the region’s key oil and gas players. Siemens’ engineering expertise, combined with the portfolio of its subsidiaries Dresser Rand and Rolls-Royce, helps its produce innovative products, such as the SGT-A35 RB – a lightweight, aeroderivative gas turbine, that can generate up to 38MW of power. The product’s efficiency lies in its ability to address the complex requirements of offshore applications, like floating production, storage and offloading vessels.

12. SPX Flow

The resurgence of Iraq and the opportunities that its underdeveloped oil and gas industry presents is proving to be lucrative for oilfield services companies. A recent joint venture with local Iraqi firm WTE Wajdi Group has thus helped SPX Flow raise its profile in not just Iraq, but also in the region. By way of the JV – which will be based in the North Rumalia oilfield in southern Iraq, and have an office in Dubai – SPX Flow is looking to expand its business of supplying all rotating and static equipment for oil and gas customers in Iraq. The US-based entity is also relying on its portfolio of pumping applications for oil and gas to grow its customer base in the region – products from its Plenty brand of pumps and mixers being a key part of the offering.

13. ABB

In the Middle East, ABB has been serving the oil and gas industry for about three decades, and caters to its clientele in the MEA region through its hub in Abu Dhabi. ABB’s industrial offering is structured into four areas: a) robotics and motion; b) the power grid segment; c) industrial automation; and d) the electrification segment. As for notable contracts, ABB is providing electrical distribution systems and equipment, power management and telecommunication systems for the entire Al Nasr offshore project, operated by ADNOC’s ADMA-OPCO, as part of an $18mn-worth deal from NPCC, the  EPC contractor of the project.

14. National Drilling Company

Drilling services provider National Drilling Company (NDC), an ADNOC Group company, has carved out a name for itself of being the sole company managing the Emirati oil giant’s extensive drilling operations and meeting complex onshore and offshore needs. The company has achieved prominence as a drilling contractor due to its capabilities in drilling, electric logging, and wire line. Since 2010, when NDC had 28 rigs, it has expanded its operations in response to customer demand, with about 94 rigs in its fleet currently. Since Rig ND-1 was deployed in 1973, NDC’s drilling fleet has drilled over 7,000 wells. NDC, notably, also runs a Drilling Training Centre that trains young Emiratis for oil and gas operational roles.

15. Aveva

The oil and gas sector is a core focus of engineering design and information management software provider AVEVA. The UK-headquartered company boasts of having over 4,000 customers globally, including many of the world’s leading owner/operators and EPC contractors. Many of these clients have relied on AVEVA’s technology for decades, particularly in the area of 3D Plant and Marine design visualisation for offshore operations. With ‘Digital Asset approach’ at the heart of its engagement strategy with the oil and gas industry, AVEVA has developed an application named ‘AVEVA Engage’, that allows operators to realise a Digital Asset through a touch-driven interface. It is intended to support a wide range of activities where intuitive and immediate access to the digital asset is valuable.

[Rankings 16-20 follow…]

Staff Writer

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