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Clariant Oil Services awarded contract with E.ON E&P UK to provide chemical management services

Wednesday, Nov 14, 2012

HOUSTON, Nov. 13, 2012 /PRNewswire/ --Clariant Oil Services has reached  a five-year agreement with E.ON UK E&P Limited, to provide production chemicals and services for the company's new field development in the Huntington oil field.

The field is located on Block 22/14b in the UK sector of the North Sea. The Huntington field will be developed by the Teekay Petrojarl Voyageur Spirit FPSO, and peak oil production will be 30,000 barrels per day with a 12-year estimated lifetime.

This award consolidates Clariant Oil Services existing business with E.ON UK E&P Limited on the Babbage field, located in block 48/2 of the Southern North Sea, which Clariant Oil Services has been supporting since 2009.

"We're proud to partner with E.ON UK E&P Limited to provide our world-class expertise and services," said Peter Renwick, Vice President, Europe and Africa for Clariant Oil Services. "This agreement provides the foundation for a successful relationship between our organizations with the goal to deliver enhanced performance over the term of the contract."

As part of its fully managed service, Clariant Oil Services will dedicate a team of staff members to support this project. "We've assembled a strong team that understands the objectives and is dedicated to providing excellent customer service and customizable solutions," Renwick said.

Clariant is an internationally active specialty chemical company, based in Muttenz near Basel. The group owns over 100 companies worldwide and employed 22 149 employees on December 31, 2011. In the financial year 2011, Clariant produced a turnover of CHF 7.4 billion. Clariant is divided into eleven business units: Additives; Catalysis & Energy; Emulsions, Detergents & Intermediates; Functional Materials; Industrial & Consumer Specialties; Leather Services; Masterbatches; Oil & Mining Services; Paper Specialties; Pigments; Textile Chemicals.

Clariant focuses on creating value by investing in future profitable and sustainable growth, which is based on four strategic pillars: Improving profitability, innovation as well as research and development, dynamic growth in emerging markets, and optimizing the portfolio through complementary acquisitions or divestments.

oil.clariant.com

Clariant Oil Services is a leading provider of chemical technologies and services to the oil, pipeline and refinery industries. A global business with headquarters in Houston, Texas, Clariant Oil Services is represented in all major oil and gas locations. From deepwater exploration to refining, Clariant Oil Services provides chemical products and services designed to reduce customer costs, decrease operational risks and improve production efficiency.

Clariant Oil Services operates state-of-the-art R&D and applications laboratories in the United States, Scotland, Germany, Brazil and Indonesia, as well as an environmental testing laboratory in Norway. Clariant Oil Services' industry experience is supported by a dedicated global technical services network, providing a unique position from which to address and resolve customer challenges anywhere in the world, now and in the future.

SOURCE Clariant Oil Services

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