TPi March 2015

business & market news

ICoTA presents innovation award The Intervention & Coiled Tubing Association (ICoTA) has presented its European Chapter Innovation Award to Oilenco’s OneDrift technology, in recognition of the company’s dedication to technical innovation. Oilenco previously won the award in 2012 for its Soak Sleeve and Syringe system. impressing judges with its ability to provide a mechanical means of gauging the inside diameter of the wellbore completion in one run.

to manufacture bespoke dumb iron drifts from scratch for every application.

Warren Ackroyd, Oilenco managing director, collected the award, stating, “It’s great to win this award and we’re really pleased indeed. Most of our business is looking at bespoke designs and requirements for the customer and turning them into reality so it’s great to have this award under our belt.” ICoTA chair Kelly Murray commented, “The consensus among the judging panel was that the genius of Oilenco’s innovation lies in its simplicity. It seems an obvious solution but demonstrates a step change. The solution Oilenco has delivered is distinctly different to conventional drifts.” The Innovation Award recognises outstanding technical innovation or application of technology for well intervention, and previous winners include Interwell, BP Exploration and Baker Hughes. ICoTA is a not-for-profit, member- funded organisation active in the oil and gas industry and made up of oil and service companies. It provides a global network of professionals, engineers and technical experts across all well intervention disciplines though a series of events.

The technology aims to reduce the number of investigative runs required and is used to detect ‘unforeseen’ restrictions such as scaled or collapsed tubing. It can also be run in multiples to simulate a bottom hole assembly of a particular length with varying outer diameters. This removes a requirement

The company was presented with the award at the SPE ICoTA 20 th Well Intervention conference held in Aberdeen, UK, with the technology

Kelly Murray presented the innovation award to Oilenco’s Warren Ackroyd

ICoTA – European chapter – UK www.icota-europe.com

Titanium Europe 2015 Titanium Europe 2015 will be hosted by the International Titanium Association (ITA), 11-13 May, at the Hilton Birmingham Metropole, Birmingham, UK.

The US Conference draws over 1,000 participants annually, and the Titanium Europe 2014 conference held in Italy attracted over 400 delegates in its second consecutive year. The Birmingham, UK, venue for Titanium Europe 2015 is anticipated to draw a high number of industry professionals to discuss the dynamics of the European titanium industry. ITA is also planning a variety of industry-related tours for delegates’ participation. International Titanium Association – USA www.titanium.org

the dynamics of the titanium industry in developing new industrial markets and development of innovative products; and share insights on the potential for 3D titanium additive manufacturing as a novel, game-changing technology. Over the past decade, attendance at the ITA’s North American Titanium conferences has doubled, drawing delegates from more than 30 countries. This growth has occurred as the titanium industry’s international supply chain has expanded and become more complex.

The event will provide a platform to gain insights into the European titanium industry and will serve as a networking venue for business executives. Presenters will provide outlooks on world supply and demand; illuminate developments on the lengthening global supply chain; clarify near- term business trends driving the key commercial aerospace sector; report on

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Tube Products International March 2015

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