News and Press Releases

6 September 2004

Tracerco lands order for massive Angolan off-shore field

Staff at Tracerco, part of the Johnson Matthey group, are today celebrating after landing a large order for their award winning TRACERCO Profiler™, worth 750,000 euros (£504,000).

The Billingham company, which also has offices close to the UK’s offshore industry in Aberdeen, last year won a prestigious Queens Award for Innovation for its Profiler. This latest order is to supply not one, but three, of its advanced separator level control systems to TSS (Technip, Stolt and Saipem) for Total’s Dalia Angolan offshore field, off the west coast of Africa.

Andy Hurst, managing director of Tracerco, said; “This contract is terrific news and is further evidence that the benefits of this technology are recognised by the oil and gas industry world wide. Tracerco has always worked closely with the oil and gas operators in the North Sea to understand their production problems and develop innovative solutions for them. This partnership has led to our global success.”

Due on stream in 2006, with a storage capacity of 2 million barrels and the ability to produce 240,000 barrels of oil per day, the Dalia will be one of the biggest floating production storage offloading vessels in the world.

The TRACERCO Profiler™ uses advanced measurement technology to accurately determine and control the contents of oil and gas production separators.

It has proved a big hit with oil and gas operators around the world as it can not only lower operating and maintenance costs, but can also increase production rates and decrease environmental risks. It is also good news for companies involved in the oil and gas industry in Aberdeen too, as it could help prolong the life of marginal fields in the UK sector of the North Sea.

The technology has proved so popular within the oil and gas industry that, since being commercialised in 1999, Tracerco now has customers in West Africa, the Middle East, South East Asia, North and South America and Europe, with all five of the world's major oil producers embracing the technology.