The Press and Journal (Aberdeen and Aberdeenshire)

Fresh Core objectives

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Specialist consultant­s in process control and instrument­ation engineerin­g, Core (Oil and Gas) Ltd is the latest in a flurry of leading organisati­ons to adopt a change of name to one that better reflects the evolving nature of the industry and one which aligns with the firm’s future strategic vision.

Effective from today, Core (Oil and Gas) Ltd will be renamed Core Energies Ltd.

The business, which was establishe­d in April 2006, was founded to provide specialist process control and instrument­ation services to a buoyant North Sea market. It has built a proven track record of working with operators and engineerin­g design contractor­s to overcome process challenges and maximise uptime.

In its 16 years, Core and its team of consultant­s have delivered projects on a global scale, building experience and expertise extending through all operationa­l areas of the discipline, from process control, instrument­ation, plant optimisati­on, alarm management, functional safety and obsolescen­ce management to automation and safety system upgrades from single machines through to the complete plant.

Changing the company name to Core Energies Ltd reflects the evolution the firm has been making in embracing new opportunit­ies in energy transition and other areas, including our successful provision of engineerin­g services on a coal to biomass power station conversion project.

Robert Allan, Core’s managing director, said: “In recent months and weeks, we have seen the surge in oil price with continued challenges of trying to balance supply and demand for a global economy which faces many uncertaint­ies. We’ve seen delayed projects come online and welcomed continued commitment­s to existing facilities and infrastruc­ture.

“As the world remains heavily reliant on the recovery of hydrocarbo­ns, it’s likely that recovery of oil and gas from the North Sea is going to continue for several decades and this will still be a significan­t part of our business for years to come. However, this needs to be matched realistica­lly and sustainabl­y with forward thinking for a local and global transition to cleaner energy sources.

“In particular for Core, the area of green hydrogen production with the associated compressio­n and transmissi­on of a highlyflam­mable gas aligns with our current skill set of services and products and we will be developing further collaborat­ive opportunit­ies within this area as part of the North Sea Transition Deal.”

Core’s name change coincides with the firm’s decision to adopt a flexible and remote working model for all its staff and associates.

It has relocated from its head office on Golden Square to flexible office facilities at Spaces, 1 Marischal Square, on Aberdeen City’s Broad Street.

“This is better suited to our flexible working model whilst still maintainin­g a strategic presence in Aberdeen City Centre. The impact of Covid-19 in 2020 was huge worldwide and totally changed the way that people conducted their day-today business. However, from our perspectiv­e, we had already embraced the remote working ethos with associates as far away as New Zealand and clients all over the globe. The last two years have demonstrat­ed the success of this model

with our team conducting several significan­t scopes for companies in Europe, South America, North America, Asia and Africa.

“This includes the recent completion of a 1.2 million alarm rationalis­ation and prioritisa­tion project covering 10 assets in the Gulf of Mexico. This project was successful­ly delivered remotely over an 18-month period whilst dealing with the challenges of Covid, time difference and the hurricane season.

“The industry is at a pivotal point and we’re here to move forward into a new and exciting future as Core Energies.”

 ?? ?? NEW ERA: Core Energies Ltd’s new name reflects the evolution the firm has been making in embracing new opportunit­ies in energy transition.
NEW ERA: Core Energies Ltd’s new name reflects the evolution the firm has been making in embracing new opportunit­ies in energy transition.

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