Acteon has announced the start-up of Clarus Subsea Integrity Inc., a new Group company created from 2H Offshore's subsea integrity business segment. Based in Houston, USA, the new company will commence operations in January 2015 and plans to expand globally.

Paul Alcock, executive vice president, Acteon, said, "Clarus is a service with its own brand identity, which will broaden the strong integrity capability developed at 2H over the past ten years. Clarus will support and enhance the subsea mechanical and electrical infrastructure segment of Acteon's global business and will support growing Opex-oriented markets, particularly in the global context of ageing deepwater fields."

Clarus will be led by John MacDonald and Dharmik Vadel, who previously managed subsea integrity activities within 2H Offshore. Vice president, MacDonald, said, "Clarus aims to become a unique pacesetter in global subsea integrity engineering by focusing on the essential operator objectives of compliance, uptime and efficiency. Clarus provides engineering solutions by efficiently interpreting data to help operators make better-informed decisions in operating their assets. Our goal of providing clarity to clients inspired the name we have chosen: Clarus, which is the Latin word for 'clear.'"

Clarus service offerings will include data management, risk based integrity assessment, anomaly management, fitness for service, subsea condition monitoring, key performance indicators and corrosion analysis. The initial subsea equipment specialty focus will grow to include integrity of all in-water equipment including hull and moorings.

AVEVA has announced the opening of its new office in the Kingdom of Saudi Arabia. The new office strengthens its presence in the Middle East and further enhances its growing global network. The office will offer sales and support for all of AVEVA's solutions and services, with particular focus on Owner Operators (OOs) and Engineering, Procurement and Construction (EPCs) contractors in the very important oil & gas and power sectors.

'This strategic location in Saudi Arabia positions AVEVA to add even greater value to our growing client base in the Middle East', said Richard Longdon, CEO, AVEVA Group. 'The new office is another example of our continued investment to deliver local sales and support where our customers operate. We will be focused on helping our OO and EPC customers improve their businesses through predictable project delivery and reliable operations.'

'At AVEVA we recognise how important it is to provide service and support in local language and in accordance with local culture,' Helmut Schuller, Executive Vice President, Group Sales, AVEVA added. 'Saudi Arabia represents a key market. It has the world's largest crude oil production capacity and the plan to increase electricity generating capacity to 120 gigawatts (GW) by 2032. We will be on the ground to offer solutions that can be used across the project and asset life cycle, ensuring our customers can anticipate changing technology needs and business objectives.'

Northern Offshore, Ltd. (the "Company") (Oslo Bors: NOF.OL) announces that on January 2, 2015 it issued a Notice of Contract Termination to Oceanic Consultants Nigeria Ltd. (Oceanic), an affiliate of Houston, Texas based CAMAC Energy Inc. (CAMAC) for the Energy Searcher drilling contract. CAMAC guaranteed Oceanic's obligations under the drilling contract.

The Company believes that Oceanic breached various terms of the drilling contract and will be filing a claim for in excess of $50 million associated with this matter pursuant to the arbitration provisions of the contract.

The Company hopes to have the rig demobilized out of Nigeria by late January.

JDR is pleased to announce the appointment of David Currie as Chief Executive Officer and a member of the Board of Directors, effective 12 January 2015.

David is an accomplished industry leader with nearly 30 years' experience in the global offshore energy industry, most recently the UK Regional President for Aker Solutions. Previously to that he spent the bulk of his career at FMC Technologies where he held a range of senior positions, the last of which was Director of Global Subsea Operations.
JDR's Executive Chairman, Pat Herbert, said: "I am delighted to welcome David to JDR. He brings a vast wealth of experience in the global subsea industry. His commercial knowledge of JDR's key markets will be a valuable asset to the company as we develop our products and services for offshore oil, gas and renewables markets."

David will focus on developing JDR's commercial opportunities, creating new opportunities for the company's industry-leading products and services; from subsea production umbilicals, IWOCS and power cables to aftermarket and installation services. David will be based in the UK, travelling frequently between JDR's key oil and gas markets around the world.
David Currie commented: "It's an exciting time to be joining JDR. With our continuing focus on technology and customer success, we are well positioned to support our partners in the challenges our markets face both today and in the long term."

The MacArtney Group is pleased to announce the entry of an exclusive representative agreement with Alakaluf Ltda - a leading marine technology provider based in Chile. The agreement represents another important leg in MacArtney's ongoing thrust to increase its local presence in all South American markets for underwater technology.

Alakaluf Ltda.
Founded in 1994, in Punta Arenas, by marine biologist and M. Sc. Oceanography Sergio Andrade, Alakaluf Ltda. has achieved extensive expertise in supplying marine scientific and renewable energy solutions for all relevant industries and operators in Chile. Moreover, Alakaluf also supplies solutions for regional oil and gas in the Magellan Strait, underwater mining, coastal tourism, seaports, aquaculture and fisheries applications.

One-stop marine technology
With additional warehouse facilities and offices located in Santiago, Valparaiso and Concepcion, Alakaluf has grown to become a major vendor of marine solutions across Chile. During its existence, Alakaluf has developed several strategic alliances with leading providers of underwater equipment, including WET Labs, Rockland scientific, Sea Bird and many more. Through the agreement with MacArtney, Alakaluf will not only be the regional representative for SubConn® connectors, but also significantly extend its capacity of providing more full-scale solutions all the way from surface to seabed. Specifically, MacArtney winch handling solutions, telemetry and comprehensive connectivity solutions coupled with the multitude of sensor and data acquisition options already offered, will aid to render Alakaluf a true one-stop supplier of marine technology. Meanwhile, MacArtney is bound to benefit from the vast network of contacts and local expertise held by Alakaluf.

Tecnologías y Ambiente
Translatable to 'Technology and Environment' - the slogan of Alakaluf grants evidence to the central role that renewable energy technology plays within the company. To promote renewable energy in Chile, Alakaluf has partnered with several leading global developers - especially within the field of tidal energy. "Together - the depletion of fossil energy resources, the advancement of non-conventional marine energy technology and the increase in energy demand from coastal communities and the industry enable a viable increase in the development of renewable projects in Chile" says Alakaluf CEO, Sergio Andrade.

This focus area is hugely interesting to MacArtney, which has participated in several pioneering and industry scale projects with non-conventional marine renewables over the past decade. "With our rugged and advanced GreenLink inline terminations, subsea hubs and general connectivity solutions, we hold the capacity to effectively interconnect several tidal, wave or wind units and safely transfer the harnessed energy back to shore. We are confident, that in close cooperation with Alakaluf and its other partners, we can create great results for- and boost further advancement of - marine renewables in Chile" Says MacArtney Sales and Marketing Director, Marco MacArtney.

As of January 5, 2015, Imtech Marine has appointed Fergus Campbell as the new Director of Imtech Marine USA.

Fergus has worked for the Imtech Martine company previously (Radio Holland USA) from 2000 to 2010 as respectively Branch Manager Florida, National Service Manager and National Sales manager. Before Radio Holland, Fergus worked amongst others at Consilium Marine as sales and service manager and at Caledonian MacBrayne as superintendent. In 2010, he pursued his career as General Manager at C-MAR America Inc. in Houston, a leading global marine offshore and DP services provider. Fergus holds a Bachelor of Science degree in Electrical and Electronic Engineering and amongst others studied at the Glasgow College of Nautical Studies.

André Meijer: "We are happy that Fergus returns to our company. With his wide knowledge and experience of our company, both in sales and service management as well as international business development, and adding to that his experience at C-MAR in the offshore segment, he is a welcome addition to our team. He will lead our US team in our drive to be the service provider of choice, specifically focusing on our service & maintenance, connectivity and nav/com business."

Fergus Campbell: "I am very excited to be a part of the Imtech Marine family again, and to be given this opportunity to lead the US organization at this pivotal time. Particularly, with the re-introduction of the Radio Holland brand into the market place. I have always had the greatest respect and admiration for the services that the RH organization provides to the shipping community, ever since experiencing such services during my time at sea, and having witnessed first-hand the dedication of my colleagues during my previous years within the organization. I am very fortunate to have a great team of engineers, support and administration staff in the US and I look forward to the continued success of our company in the future."

BMT Nigel Gee (BMT), a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, is pleased to announce the appointment of Jason Steward as Business Development Manager.

Jason's new role at BMT will see him support the continued expansion of the business in both new and existing markets delivering design and engineering services within the Commercial, Offshore Energy, Defence and Yacht Sectors.

A University of New South Wales graduate in naval architecture, Jason has over 20 years' experience in the marine market. His previous roles have included Regional Manager for Austal Ships, Consultant to Defence at professional technical services firm Jacobs Australia and most recently Business Development Manager at BMT Design & Technology based in Melbourne, Australia. Jason is a Chartered Professional Engineer (CEng MRINA), a member of the Professional Affairs Committee of the Royal Institution of Naval Architects, and has an MBA in Marketing.

John Bonafoux, Managing Director at BMT Nigel Gee commented: "We are delighted to welcome Jason to the team at an exciting time for the business. He will play a key part in building market share in our existing markets as well as spearheading our diversification into new markets, based around our existing core capabilities and design portfolio."

Tesla Offshore LLC, a leading offshore survey service provider, has announced the retirement of Randall P. Bergeron (left) as President and CEO of the company effective December 15, 2014.

It was also announced that Tesla Offshore co-founder, and current Senior Vice President of Sales & Marketing, C. D. Schempf, Jr., (right) will assume the leadership role as President of Tesla Offshore. Fellow co-founder, Donald W. Spicer, will continue in his role as Senior Vice President and General Manager of the company.

In a message to Tesla Offshore employees, Bergeron said that while his tenure at the helm has afforded him a wealth of life experiences and professional relationships with remarkable people from around the world, in all of his thirty-four years in the industry, " ... nothing has compared to the privilege of leading the employees of Tesla Offshore LLC and the joy of watching our families grow and prosper together as we set out to provide the best possible survey services available". Beginning in early 2015, Bergeron will assume the role of Executive Director of Tesla Offshore LLC, and continue to contribute as a valuable member of Tesla Offshore leadership.

C.D. Schempf, Jr. is a nineteen year veteran of the offshore survey service industry and, together with Bergeron, Spicer and two others, established Tesla Offshore LLC in 2004. Then, as now, the company adheres to a simple, yet uncompromising, business philosophy: Demand integrity of yourself and your co-workers; Offer only the highest quality compliant products and services; and, Focus on customer satisfaction as the best measure of success. That these characteristics remain a guiding force at Tesla Offshore today is no accident, says Schempf, but a conscious commitment "to keep integrity, quality and regard for customer service as the primary focus of business relationships today and into the future".

CGG has confirmed that its new Multi-Physics Business Line is now up and running within its Acquisition Division. The new Business Line combines all of CGG's Airborne capabilities with its GravMag Solutions business.

The Multi-Physics Business Line offers clients timely and cost-effective solutions encompassing gravity, magnetic, electromagnetic and radiometric surveys with the most comprehensive and advanced range of airborne fixed-wing and helicopter systems.

Multi-Physics is also able to leverage CGG's decades of expertise in applying these geophysical methods offshore with gravity and magnetic data acquisition from a broad range of marine platforms and onshore with particular specialization in near-surface Multi-Physics to enhance onshore seismic imaging.

The internationally renowned interpretation geoscientists working for this new Business Line integrate multi-physics data with geologic, seismic and well data to add insight to the natural resource evaluation process. They develop and commercialize specialized software to process, invert and interpret potential field and electromagnetic data which are then used to model a large variety of geologic environments. These capabilities extend to the delivery of specialized magnetic models for use in geo-steering by the drilling industry.

The Business Line's multi-client library of gravity and magnetic data also helps to further reduce exploration risk by contributing to an integrated understanding of basin architecture and hydrocarbon potential in most of the world's petroleum basins.

Benoit Ribadeau Dumas, Senior Executive Vice President, Acquisition, CGG, said: "Our creation of this new Multi-Physics Business Line was a logical next-step for CGG as a fully integrated geoscience leader specializing in a unique combination of geological and geophysical techniques. We believe it offers our petroleum, mining, land management and governmental clients a unique resource of capabilities, experience, knowledge, software and data library, all available from a single source."

Subsea Services/Diving Support: Offshore Seen from Sea Depths

A module containing technicians, and you have to use an airlock to get out of it to work in a challenging environment: an orbiting space station? Not quite, although the living and working conditions are similar... The module is on the deck of the Bourbon Evolution 806, for a new diving support mission off the coast of Saudi Arabia.

Subsea construction and maintenance work on oil facilities can be performed by saturation divers working at depths of up to 200 m, operating from an IMR vessel.

The principle: divers are kept at a constant pressure equal to the pressure at the sea bottom (up to 20 bars), enabling them to live and work over a long period - up to 4 weeks in a row - without having to undergo a decompression period with each dive. 3 teams of divers work in shifts at the intervention site, which they get to using a pressurized capsule, or diving bell, that acts as an elevator between the sea bottom and the vessel.

Work at the bottom becomes almost continuous (3 x 6hr shifts) and there is only one single decompression phase at the end of these 4 weeks. This single decompression is longer than usual, since it takes nearly 3 days to bring divers back to atmospheric pressure. Among the missions performed:

Taking measurements prior to interventions,
Connecting pipes,
Cleaning, maintenance, or repair work.

Bourbon Evolution 800, The Safety Advantage
"Diving support differs from other missions because of the human stakes," says Jean-Charles Audouin, Subsea Project Manager. "Divers work under risky conditions, so we need to ensure maximum safety for them. In this context, class 3 dynamic positioning (DP 3) is one of our advantages." Indeed, the Bourbon Evolution 800 series is equipped with DP 3. This system, highly redundant, allows the vessel to maintain its position in the event of a failure, but also in case of a fire or a leak. It's an important guarantee of safety for all types of subsea operations, but even more so when divers' lives may depend on it.

In the worst-case scenario of an evacuation of the vessel, divers can take refuge in a pressurized capsule, called the HRC (Hyperbaric Rescue Craft), which is launched and recovered by a second vessel, the safety vessel, constantly holding in the area to take charge of it within 30 minutes. The capsule will then be brought back to land, to be depressurized safely. .

A Bustling Vessel
During the operation, which can spread out over a period of 2 to 6 months, the vessel becomes a beehive of activity. Nearly a hundred people are working on board. On its own, the station housing the divers is managed by three command posts: one for handling pressurization, another for handling the daily lives of divers, and one for subsea operations.

The 1,000 m2 deck of the Bourbon Evolution 800 is well suited to integrating these systems and makes it possible to maintain clear deck space for storing the parts to be installed. In addition to the diving system, the capsule, and the essential equipment for a subsea intervention, the vessel also houses an ROV on deck. The ROV ensures both the monitoring of the operation and provides assistance to divers during certain tasks. At these depths, nothing can be left to chance...

Quick, Efficient Installation
In the past few months, BOURBON has conducted several such operations in Malaysia, New Caledonia, and China, thus taking advantage of the versatility of its vessels. After the mission is accomplished, the diving system is dismantled and the vessel can be reconfigured for any other subsea operation.

In this market segment, efforts are now being focused on optimizing the mobilization time for the diving system. Halved over the last two operations managed by our vessels – 7 days instead of 15 – Studies are underway to move towards a system similar to plug & play, with a vessel mobilization time reduced to a few days

Paragon Offshore plc ("Paragon") (NYSE: PGN) has announced that Julie A. Ferro has been appointed Vice President – Human Resources with responsibilities that include human resources, administration, learning and development, performance management, employee relations, recruiting and retention.

Ms. Ferro has more than 18 years of human resources experience working for both public and private companies in the energy and commercial real estate industries including her most recent role as Vice President – Human Resources at Endeavour International Corporation. She also spent three years as a Managing Director for a leading compensation consulting firm in Houston. Ms. Ferro has a BA degree from the University of Houston, and is a Certified Compensation Professional (CCP), a Certified Executive Compensation Professional (CECP), a Certified Equity Professional (CEP), and a certified Professional in Human Resources (PHR).

"We are extremely pleased that a professional of Julie's caliber has joined our management team," said Randall D. Stilley, President and Chief Executive Officer of Paragon. "She brings a wealth of experience to the role which will be critical in ensuring Paragon maintains and enriches the quality and capabilities of our global employee base, key differentiators of Paragon in both our competitive business and a challenging macro environment."

Oil & Gas Veteran Sees More Opportunities in Low Oil Price Environment

ABIS Projects has won a clutch of contracts worth around £1million over the next 15 months. The oil and gas project services consultancy has secured frame agreements and call-off contracts with ADTI, Hunting, Talisman Sinopec and North Sea newcomer, MOL.

Aberdeen-based ABIS Projects is working with these new clients providing multi-discipline resources covering business strategy, acquisitions, risk, projects and management systems across the supply chain.

Francis Kiernan, who acquired an interest in ABIS Projects earlier this year, said: "With the considerable drop in oil price, the focus in the North Sea once again turns to innovative ways of working which will deliver cost-efficiencies and greater value. A one size fits all approach is no longer sustainable. The ability to take a commodity, whether it be intellectual property, material, goods or supply chain risk and turn it into a value proposition is now required".

The oil price has dropped by more than 25% in recent months and Mr Kiernan said that this is exacerbated by high production costs. "Unit operating costs have risen 62% since 2011. The industry has lost sight of achieving optimal value for minimal cost. We need a much better alignment of cost and value."

Mr Kiernan, who has been involved in the oil and gas industry for over 30 years, has been through several downturns. He said: "The cyclical economics of oil and gas are nothing new and we are already dipping into a downturn. I reckon we will have three years of challenging times before we get back to the highs of this summer. And these challenges are going to be similar to the ones we faced in the early nineties when the UKCS contracting model changed dramatically, when there was fundamentally a balance sheet transfer from the oil company to the supplier."

During this coming period, companies will be focused on doing things smarter. Mr Kiernan believes that oil companies will be more willing to look at creative opportunities to work with suppliers who have the flexibility to expand in a contracting market because they are willing to work more innovatively.

"While this is not good news for the big service companies, who need to pursue volume and service their overheads, it is good news to the smaller companies who can interpret and deliver what an oil company needs and meet that need through a boutique service with high-end intellectual property and value.

"Smaller, nimbler oil companies, like MOL, have clear terms of reference and want to engage with suppliers on how they can really work together to deliver value and not just add cost," Mr Kiernan said. "Suppliers, like Hunting Energy Services, who are growing and maturing with a unique offering in the marketplace, are able to offer what their customers want which is a reduction in inventory and capital balance to allow their clients to shift their focus forward to exploration and development."

Mr Kiernan is also forecasting opportunities in the Norwegian sector for UK companies. He explained: "Norway has invested heavily in best-in-class technology and operations but the Norwegian Continental Shelf (NCS) has reached a production plateau. Having peaked in terms of high end capital investment, the NCS must now embrace more effective business models and contractual arrangements to regain competitiveness. This will lead to the recalibration we saw in the UKCS in the nineties, which until now, Norway has resisted and potentially open up opportunities for UK companies who learnt the lesson of optimal value for minimal cost and are prepared to return to this mind-set."

Mr Kiernan has served as a of several companies in the UK and Scandinavia including Nexus Ltd, Aker Operations, Aker Kvaerner, Kvaerner Oil and Gas, Dietsmann Morgan Moore and Press Offshore/AMEC

Oceaneering International, Inc. (NYSE:OII) announced that it secured a contract in December 2014 from Hess Corporation (NYSE: HES) to supply the umbilicals and umbilical distribution hardware for the Stampede Project located in the Green Canyon area of the U.S. Gulf of Mexico. This hardware will be used to transmit hydraulic control fluids, chemicals, and electrical power signals to operate and monitor subsea wells and manifolds.

The order is for electro-hydraulic, steel tube umbilicals totaling approximately 14.3 kilometers (8.9 miles) in length, umbilical termination assemblies, hydraulic and chemical distribution units, electrical distribution units, flying leads, and junction plates. Oceaneering plans to manufacture the umbilicals at its plant in Panama City, Florida and to manufacture the distribution hardware at its facilities in Houston, Texas. Umbilical production is expected to commence in the second quarter of this year, with delivery scheduled for mid-2016.

Frontier International, specialists in international oil and gas resourcing, has announced a service sector contract portfolio increase from 6 client contracts to 13 client contracts in this sector during 2014.

Well known for providing personnel and associated services to the industry's major operators, the company says the increase can be attributed to recent expansion into the local and international oil and gas service sector. Whilst continuing to work on a substantial number of global contracts with the major operators, this constitutes over a 100% increase for Frontier in its activity within the service sector.

Photo: L-R Mark Clarke, chairman and Paul Radcliffe, managing director, Frontier International

Frontier chairman, Mark Clarke explains that the diversification into the service sector was a clear strategic move: "We are delighted to report on this successful expansion into the supply sector. Over the past two years, a key business development driver for us has been the anticipated long term decline in the UK operator sector, which we are aiming to mitigate by increasing our overall overseas activity and specifically our service sector activity in the UK.unparalleled understanding of the roles for which we recruit. To continue the company's growth, it made sense for us to turn our skills towards the service sector. Blending the disciplines of expert engineering and recruitment allows us to offer a resourcing service like no other, meaning we truly speak our clients' language."

As well as working with the service sector, Frontier also works with the majority of operators, on both a local and international basis. In addition, international client demand has led the company to successfully expand in several key regions, with wholly owned subsidiaries established in India, Tanzania and Trinidad and Tobago.

BW Offshore and Seagull Oil & Gas are cooperating to develop industry-leading training material for the offshore industry.

Building on a training relationship stretching back almost two decades, BW Offshore and Seagull are developing new training material to cover BW Offshore's process and production operations.

"This is a great opportunity for Seagull Oil & Gas," says Morten Aasen, Managing Director, Seagull Oil & Gas. "We have the ambition to offer the most comprehensive training library for the oil & gas industry, and BWO Offshore is an ideal partner for us. To support our ambition we have acquired all intellectual rights of the educational material developed by Norwegian Petroleum Academy. This is the official educational material used by technical colleges in Norway. We are building a comprehensive e-learning library based on the educational material, and by partnering with industry leaders like BW Offshore we aim to offer exactly what the industry needs."

"BW Offshore has an ambition to always be at the forefront when it comes to training of our offshore crew," says Dagfinn Hatleskog, BW Offshore Senior Vice President Oceanic Fleet. "We have worked with Seagull for many years on the maritime part of our operations, and we are delighted to see that Seagull now also focuses on production and process related topics. Seagull and BW Offshore share the idea that training is most effective offshore using real equipment, where the crews are already on duty."

Well management and performance improvement specialist Exceed has announced significant growth in 2014, reaching its target turnover of £15 million. In addition, the expansion of its Aberdeen team adds 10 new business support positions to the head office, including the appointment of a global business development manager. Founded in 2005, the Aberdeen-based company now employs a team of 75 with an international presence in Canada, Ghana, Kenya, Myanmar and Malaysia.

During the course of 2014 Exceed has expanded its client portfolio, resulting in a contracts value in excess of £5million, and is targeting business growth in new strategic markets in 2015.

Ian Mills, Exceed founder and director & Al Brockie, Exceed well management director

Exceed established an impressive track record as a performance improvement specialist before diversifying in 2009 to launch the industry's first wells management team to focus on deepwater well delivery, delivering projects in the Black Sea, East Mediterranean and Indonesia. The company continues to trail blaze, currently planning the very first deepwater campaign in Myanmar, expected to commence in early 2015.

The establishment of Exceed Canada in 2013 followed an agreement with two Canadian operators to provide high-calibre wells teams to support their existing drilling programmes. Exceed now has a team of harsh environment drilling experts supporting operations offshore on three rigs East Coast Canada.

In keeping with Exceed's strategy of client demand-led growth and diversification, a new enterprise is being established in Ghana driven by a high degree of confidence in the growth of the region following the announcement of the TEN deepwater field development offshore Ghana and other emerging opportunities in the Gulf of Guinea.

Exceed founder and director Ian Mills, who has 30 years' experience in the oil and gas industry including senior drilling roles at Shell and BP, said: "This year, we have experienced an increase in client-led enquiries across the business and as a result of the increased number of projects, we have invested heavily in our recruitment.

"2014 has been an exciting year for the company, with new projects enabling us to build on our international footprint while strengthening our presence in Canada and Africa. In 2015, our aim will be to look at further prospects in South East Asia and Brazil. We are also excited by the contracts we have been awarded and delivered in Iraq and Kenya which reinforces our industry reputation. The fact that we have been requested to support land-based well construction projects, which are typically much lower cost operation, highlights the clients' belief and commitment in our performance improvement solutions."

Exceed's Performance Improvement division has a proven track record of helping clients save millions of pounds by improving safety and increasing rig productive time, typically by 10-15%.

Exceed launched its well management service with the aim to become the world's preferred wells specialists partnering with clients to develop prospects without incidents and at the lowest possible cost of access. The key benefits to Exceed's target market – NOCs and the independent IOCs – include the calibre and training of its people and its track record for consistently delivering well objectives safely, on time, and within budget.