Texan firm ChampionX secures £2.8m North Sea chemicals deal

SourceEnergy Voice
SectorEconomy
CountryGulf

US-based oilfield technology firm ChampionX said yesterday it had won two contracts, worth a total of £2.8 million, to deliver its “next generation”, non-toxic chemicals to two major North Sea operators. Corrosion inhibitor chemicals are widely used in oil and gas pipeline systems. ChampionX, headquartered in Woodlands, Texas, said its “environmentally acceptable” inhibitors could help exploration and production companies extend the life of assets in a sustainable way, without sacrificing efficiency. They also meet strict North Sea environmental regulations and use active components that are biodegradable, making them non-toxic to marine life, the company added. Champion X, whose 291 UK employees are split between sites in Aberdeen and Fawley, in Hampshire, said the new product line was the result of a “robust” four-year research and development programme. Specifically designed for use in harsh environments, the chemicals were developed at the firm’s technology centre in Altens, Aberdeen. Susan Hart, general manager, Europe, Middle East and North Africa, ChampionX, said: “Operators must comply with strict environmental regulations to ensure chemical discharges from offshore assets do not exceed the authorised amounts. “We are thrilled to see two major operators already recognising the value in these next generation products.” ...read more...