30.06.2015
Nobel Oil Services (UK) Ltd acquired 50 % of Denholm Oilfield Services Limited's fabrication business in Azerbaijan. Denholm confirmed that it has sold 50% of its interests in SDL Denholm Limited and Denholm Oilfield Services (Azerbaijan) Limited to fellow British firm - Nobel Oil Services Limited - for an undisclosed sum.
Nobel Oil Services is a leading provider of drilling, engineering and project management, maintenance, procurement and enhanced oil recovery services in Azerbaijan and regionally. The company’s trading group is active internationally in the sale and trading of crude oil, natural gas and refined products.
Michael Wring, Chief Executive of Nobel Oil Services, highlighted the acquisition as a perfect reflection of Nobel Oil Services' growth strategy. He said: “Our purchase of half of Denholm's business in Azerbaijan aims to create superior capability and value in Azerbaijan through joint ventures with renowned first-class service providers in oil and gas and adjacent sectors.
“As a result we will build and develop Azerbaijani companies with international quality, serving major international and local clients in the region. We look forward to creating further value in partnership with Denholm.”
Denholm Oilfield Services Limited serves the oil and gas industry in key global locations including the UK, Azerbaijan, Kazakhstan and the United Arab Emirates offering specialist electrical and instrumentation, valve management, freight forwarding and recruitment operations.
Commenting on the sale, Denholm Oilfield Services Limited Chairman, John Denholm said: “Nobel Oil Services is an excellent partner and both parties are fully committed to growing the business and building on Denholm’s reputation as a first class fabricator in Azerbaijan. Nobel has interests in various upstream activities and we see significant cross selling opportunities as a result of this deal.”
Michael Beveridge, Chief Executive of Denholm Oilfield Services Limited added: “Nobel share our core values in terms of ethical and operational practices and we are excited by the opportunities that this deal opens up with the combination of Denholm’s fabrication expertise and Nobel’s wider service offering and existing relationships in Azerbaijan.”
bp awards Audubon for FPU Engineering on its Kaskida Project in Gulf of Mexico
Audubon Engineering Company (Audubon), a Nobel Energy Group subsidiary, leading provider of engineering, procurement, and construction (EPC) solutions, announced it has been awarded a contract for the bp Kaskida project in the US Gulf of Mexico. Audubon will complete topside engineering and design of the Kaskida floating production unit (FPU),leveraging Audubon’s established design philosophies that will allow for faster cycle time.
Audubon will harness its robust knowledge and experience—most recently exhibited for the successful Delta House, King’s Quay, and Shenandoah semisubmersibles—to design Kaskida’s topside, prioritizing smart design and tight execution.
Audubon Executive Vice President of Offshore Terry Mienie remarked on the project award: “Our engineering team holds decades of talent and experience designing and delivering exceptional offshore platforms. We are excited to collaborate with bp, utilizing our topside expertise to develop Kaskida optimally and safely.”
David Robison, Audubon CEO, commented, “Our entire team is thrilled to contribute to Kaskida. This project represents an opportunity for Audubon to showcase our engineering proficiency and agility for one of the most significant oil and gas plays in US history. Our team is committed to delivering quality for every client and every project, and we especially look forward to supporting bp with its production objectives for the Gulf of Mexico.”
Engineering work for the Kaskida FPU has already begun, with Audubon designing the topside and EXMAR Offshore designing the hull.
About Audubon
Founded in 1997, Audubon Engineering Company is a leading provider of integrated engineering, procurement, construction (EPC), fabrication, and technical field services. Serving the energy, power, utility, industrial, and infrastructure sectors, our end-to-end life-cycle solutions solve our clients' biggest challenges. Leveraging technology, ingenuity, and experience, we deliver outstanding project outcomes for a better tomorrow. For more information, visit www.auduboncompanies.com.
26.08.2024
bp awards Audubon for FPU Engineering on its Kaskida Project in Gulf of Mexico
Read moreNobel Energy employees graduate from prestigious L.E.A.P. Program
A group of bright Nobel Energy people have successfully graduated from the Leadership Excellence and Acceleration Program (L.E.A.P.). This program, designed by NEQSOL Academy in collaboration with SDA Bocconi, aims to improve leadership capabilities and foster growth within the organization.
The L.E.A.P. program lasted a year and included 5 intensive modules delivered in Baku and Milan, along with various online tools and coaching support from SparkUs, digital coaching platform. Participants, among which were Rena Musayeva, Vusal Aghakishiyev, Rashad Sadigov, and Gulnar Mammadli, worked on projects that had direct impacts on their companies, demonstrating their ability to apply enhanced skills and knowledge in practical settings.
Rena Musayeva, Senior HR Business Partner at Nobel Energy, shared her impressions: "The L.E.A.P. project has significantly enhanced our understanding of business, expanded our vision, and broadened our network. We have gained valuable insights from esteemed professors who bring a rich blend of theoretical and practical expertise. It was truly remarkable to study in the business school that is ranked 3rd in Worldwide Global MBA Ranking."
Remarkably, Gulnar Mammadli, Lead AP Accountant at Glensol, stood out as one of the top 5 graduates with honors, among 60 participants in the program, based on her outstanding exam results and contribution to the capstone project.
The graduation ceremony took place at the SDA Bocconi Campus in Milan, where participants presented their final projects. These projects showcased their understanding of leadership dynamics, strategic acumen, and potential for driving future initiatives within Nobel Energy.
04.07.2024
Nobel Energy employees graduate from prestigious L.E.A.P. Program
Read moreNobel Energy attends 29th International Caspian Oil & Gas Exhibition
Nobel Energy Group participated in the 29th International Caspian Oil & Gas Exhibition, 4-6 June, at the Expo Center, as part of Baku Energy Week. This high-profile industry event provided an exceptional platform for us to showcase our expanding capacity, capabilities, and significant milestones on both regional and global scales.
Nobel Energy's innovative and informative stand drew a large number of visitors, offering comprehensive insights into the company's unique value proposition and successfully delivered projects. The stand highlighted our commitment to innovation and excellence, reflecting Nobel Energy's strategic vision and operational strengths. The engaging display and well-informed team members ensured that every visitor left the stand with a clear understanding of Nobel Energy's wide-ranging services and achievements.
In addition to the stand, in the framework of Baku Energy Week, Nobel Energy organized two informative panel discussions. On June 4, the company hosted a panel titled ‘Breaking the Mold: Reshaping Energy Solutions’, which focused on innovative strategies employed by service providers like Nobel Energy to tackle regional and global challenges faced by major energy companies. Featuring Nobel Energy Executive Board Member Mr. Richard Duff, Vice President of SOCAR, and Mr. Cathal Kelly, Vice President of BP, and moderated by Ambassador Mr. Matthew Bryza, the panel underscored the importance of optimizing investment costs and operational efficiency while maintaining safety and quality standards. It also emphasized the critical role of technology, research, and collaboration in crafting effective solutions.
On the second day of the event, Mr. Robert Mundt, Senior Manager of Advanced Facilities and Data Center Services at Audubon Companies, joined a discussion on how AI is revolutionizing the energy sector. Together with Mr. Saravan Penubarthi, Chief Technology Director at AIQ, and moderated by AI and emerging technologies expert Mr. Emin Aliev, the panel explored AI's role in optimizing energy systems, addressing challenges, and driving the transition toward a more sustainable future. Both panels featured esteemed industry experts and provided valuable discussions on the future of energy.
The participation in this significant event, underscores our dedication to advancing the energy sector and proactive approach to fostering collaborations.
04.07.2024
Nobel Energy attends 29th International Caspian Oil & Gas Exhibition
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