ABT Oil and Gas is an independent oil and gas company specialising in maximising recovery from the vast, undeveloped hydrocarbon resources that are contained within marginal fields. Utilising appropriate buoyant technology, ABTOG is able to transform the value of assets that are considered of little or no value because costs associated with conventional production methods. ABTOG provides project identification, suitability assessment, buoyant technology and investment solutions for oil field development. ABTOG is a joint venture between ABTechnology and Enegi Oil.
AGR delivers well construction and project management, HSEQ, reservoir and field management services to the upstream oil and gas industry in addition to rig procurement, consultancy manpower, expert software solutions and tailored training. As industry pioneers, AGR work with their clients to find the best solutions to maximise safety, cost efficiency and performance excellence. AGR operates in all regional main oil hubs around the world and over the last 14 years has completed over 500 well projects and delivered over 1,000 reservoir studies in all major hydrocarbon basins. www.agr.com
Frames provides the vital link between the well and the pipeline in the international oil and gas industry. Together they design, build and deliver separation technology, oil and gas treatment, flow control and safeguarding systems and modules, even integrated solutions such as total plants. Frames works directly, one-on-one, to optimize upstream, onshore and offshore processes, and to deliver technical, smart and cost effective solutions. Headquartered in the Netherlands, Frames has more than 500 employees working in 16 offices worldwide, each focused on a specific range of systems and solutions. www.frames-group.com.
Marginal Field Initiative and Consortium
The objective of the Marginal Field Initiative, established by ABTOG, is to develop marginal hydrocarbon fields around the world and unlock these vast resources which could remain undeveloped, as conventional solutions render them uneconomic to produce. Using proven technologies to radically reduce CAPEX and OPEX, ABTOG are able to transform the economics of these undervalued assets and profitably deliver marginal field projects, providing considerable returns to the operators and investors alike. ABTOG has been progressing its Initiative for a number of years, over which time the company has refined the business model and significantly progressed the project delivery mechanism.
Dialogue with the market and, asset owners in particular, continually reinforces the need for delivery capability to be demonstrable. ABTOG’s offering requires expertise across a broad spectrum of disciplines and, as such, the company is building a consortium of established industry partners who provide the capability to deliver marginal field projects. The Consortium will deliver services dedicated to the economic development of marginal oil and gas projects, from early production solutions, small or stranded hydrocarbon accumulations, through to life extension for mature fields. The Consortium is dedicated to do so in accordance with ABTOG’s guiding principles; a key driver being to ensure projects are delivered on schedule and within budget. By doing so, the Consortium can not only unlock marginal field opportunities but deliver the greatest returns.
ABTOG has established relationships with companies that are forward thinking, recognise the opportunity offered by the Marginal Field Initiative and are willing to support their belief through the application of their own resources. All are strong industry partners, recognised global leaders in their fields with extensive resources which they intend to apply to advance the Marginal Field Initiative.
Through these partnerships the Marginal Field Initiative benefits through the advancement of key areas such as: