De­com­mis­sion­ing presents op­por­tu­ni­ties

Suren­dranath Dhanekula, man­ag­ing di­rec­tor of Trans Asia Pipe­line & Spe­cial­ity Ser­vices, on pipe­line trends

Oil & Gas Middle East - - ADIPEC REVIEW -

What is your scope of busi­ness in the sec­tor?

Head­quar­tered in Abu Dhabi, Trans Asia Pipe­line & Spe­cialty Ser­vices LLC is the lead­ing provider of pipe­line and process ser­vices to oil and gas, petro­chem­i­cal and power in­dus­tries. It com­prises more than 300 em­ploy­ees with a pres­ence in 14 coun­tries across the world.

Trans Asia pri­mar­ily works in pre-com­mis­sion­ing, com­mis­sion­ing and process ser­vices. We have phys­i­cal branches sta­tioned in all GCC coun­tries, In­dia and Sin­ga­pore.

What trends have you no­ticed in your seg­ment this year?

“WITH MOST EX­IST­ING AS­SETS NEAR­ING THE END OF THEIR LIFE CY­CLE, THERE WILL BE A HUGE GROWTH IN DE­COM­MIS­SION­ING OF THESE AS­SETS”

Af­ter a pro­longed in­dus­try slow­down, we have seen pos­i­tive trends in 2018. A num­ber of green­field projects are un­der ex­e­cu­tion across the re­gion and there has been in­creased spend­ing on projects to im­prove oil pro­duc­tion by na­tional oil com­pa­nies (NOCS) and in­de­pen­dent oil com­pa­nies.

In the GCC, there has been notable spend­ing on nat­u­ral gas and a num­ber of projects were an­nounced and awarded this year, par­tic­u­larly in Saudi Ara­bia. We are work­ing across the GCC on some of the largest gas pro­duc­tion fa­cil­i­ties on­shore and off­shore. We have re­cently been awarded a project where we are pre-com­mis­sion­ing al­most 550km of pipe­lines vary­ing from 6” to 32” for one of the biggest gas pro­duc­tion fa­cil­i­ties in the re­gion.

We also see a grow­ing trend amongst brown­field projects where old fa­cil­i­ties are be­ing re­placed with more ef­fi­cient, mod- ern tech­nolo­gies. We play a ma­jor role in de­com­mis­sion­ing ex­ist­ing pipe­lines, plat­forms and plants, and I think the de­com­mis­sion­ing busi­ness has just started in the re­gion. With most ex­ist­ing as­sets are near­ing the end of their life cy­cles, there will be huge growth in de­com­mis­sion­ing. For the past two years we have worked on a num­ber of de­com­mis­sion­ing projects, par­tic­u­larly in the UAE and Saudi Ara­bia. We are also in­vest­ing in mod­ern equip­ment for such ac­tiv­i­ties and em­pow­er­ing our per­son­nel with req­ui­site train­ings and skills.

What is new at Transa­sia?

With the en­tire in­dus­try adopt­ing ad­vanced tech­nolo­gies in re­cent times, there has been a tremen­dous push from oil com­pa­nies to con­trac­tors and ser­vice providers to adopt such tech­no­log­i­cal mea­sures in each con­tract.

For the past few years, new pipe­line projects have manda­to­rily de­ployed ad­vanced in-line in­spec­tion tech­nolo­gies, scrap­pers mon­i­tor­ing, real time mon­i­tor­ing. In re­sponse, we are in­vest­ing in R&D to bring in­ter­net of things so­lu­tions to the in­dus­try. We have al­ready car­ried out a suc­ces­ful pi­lot in Europe and are work­ing with oil com­pa­nies to bring these tech­nolo­gies to the Mid­dle East.

We are also work­ing on in­no­va­tive scrap­ping tech­nolo­gies, es­pe­cially with non-scra­pable pipe­lines. With grow­ing trends in de­com­mis­sion­ing, we strongly be­lieve these in­no­va­tive so­lu­tions will im­prove work sched­ules, safety and ef­fi­ciency.

What can we ex­pect from your com­pany in the com­ing year?

We are work­ing on a few in­ter­nal projects with the aim of back­ward in­te­gra­tion, so we can pro­vide a com­plete, sin­gle-source so­lu­tion for pipe­line and process ser­vices. We are in­vest­ing in R&D and de­vel­op­ing new prod­ucts and streams. We have al­ready se­cured a pi­lot project in In­dia for one ser­vice and by the end of 2019 we will add another two to three prod­ucts and ser­vices to our port­fo­lio with the goal of be­com­ing an in­te­grated pipe­line & process ser­vices com­pany in the next three years.

Trans Asia, with its phi­los­o­phy of “Ex­pe­ri­ence Ex­cel­lence,” is on the thresh­old of a new dawn.

Suren­dranath Dhanekula, man­ag­ing di­rec­tor of Trans Asia Pipe­line & Spe­cial­ity Ser­vices

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