News & Insights

THREE60 Energy: Integrating Expertise Across the Energy Transition

THREE60 Energy Group | July 3rd, 2024

In its inception, THREE60 was a full-service oil and gas asset life cycle business however, in recent years there has been an increased focus on the Energy Transition, looking at ways to adopt new technologies to decarbonise traditional practises, supporting not only their own, but their customers journeys to net zero. Increasing their foothold in the renewables market is one of six key strategic priorities for THREE60, in addition to continued and sustainable growth, developing people and entering the digital transformation space.

In digital, THREE60 is exploring new ways to translate data into meaningful information using bespoke digital dashboards specific to each customers requirements and to the activity at hand, whether that be for subsurface geotechnical surveys or drilling and wells activities. The adoption of this technology significantly reduces the amount of time spent on manually parsing data, allowing customers to dedicate that time elsewhere.

Scott Roy, Strategic Development Director at THREE60, is focussed on developing a cohesive renewables strategy, combining expertise from across the business. Here he shares insight into THREE60’s journey so far, their next chapter and their role in a just energy transition. 

Energy companies now more than ever are under pressure to reduce their carbon footprint, with the UK Government aiming to reduce carbon emissions by 77% by 2035, it is up to those of us operating in the energy industry to redefine working practices and innovate to adopt new technologies to decarbonise our industry.

“Over the past three years, we as a leadership team have looked at different ways to accelerate our move into the renewables market. Having been involved in the initial phase of windfarm development with our operations geoscience expertise from our Subsurface business in SEAsia since 2018, we have simultaneously been advancing our offering  through strategic acquisitions to add knowledge, expertise and technologies into our service and product portfolio, whilst also working with industry experts to decarbonise our existing operations.

“We know that we are uniquely placed to impact multiple areas of the oil and gas production process as one of only a few full service asset lifecycle solutions companies operating globally. We have the ability to work with customers across all of our service lines (subsurface, wells, subsea, EPCC, operations and product solutions) and geographies to look at ways to change standard practises.

“An area of early interest to us was exploring ways to utilise abandoned oil wells for carbon capture and storage (CCS), we know from research that CCS could account for a significant proportion of the global emissions reductions needed by 2050, according to the International Energy Agency (IEA). Using the capabilities present within our group combined with the expertise of our partners, we successfully developed a method for doing just that and have now successfully delivered a comprehensive set of solutions for several customers. Our scopes spanned reservoir storage volume estimates with probabilistic sensitivity analysis to abandonment risk assessments, pipeline running fracture risk reviews, and suitability assessments.

“Whilst our focus has always been to continue to support our customers and the industry in the best way that we can, we have always recognised that it is almost impossible to have a renewables strategy without having a presence in the wind industry. In the past 12 months, 37.9% of the UK’s energy was provided by renewable energy sources, with wind accounting for 31.8% of that. In 2021, we acquired an electrical engineering company in Orkney to add onshore wind turbine operations and maintenance, high voltage switching, grid connection support and electrical engineering solutions to our service portfolio. Most notably, our team in Orkney have been working with our long-term client, EMEC to support the development of the marine energy sector by providing essential electrical services at their wave and tidal energy test sites which will ultimately contribute to Europe’s renewable energy targets and help mitigate climate change.

“We are working with one of our digital partners on a demonstrator project across multiple onshore windfarms under our operation to optimise turbine uptime and maintenance activities. We are also working on wind turbine repowering scopes, which involves replacing older units with new, higher capacity turbines or retrofitting them with more efficient components – in both cases, this significantly increases wind farm production and extends wind farm life.

“The natural progression for our business was to move into the offshore wind sector. With the acquisition of Pryme Group at the end of 2023, we acquired proprietary technologies in fixed bottom foundation stabilisation tooling, PileProp and Pile Fixation Tool (PFT) and in-house engineering capabilities that include subsea expertise in dynamic cable and mooring analysis. PFT and PileProp are designed to support the installation of monopile and jacketed foundations for offshore wind, by providing a localised, rigid deflection constraint – and in the case of the PileProp system independent of vessel interaction or station – prior to the critical grouting process of securing the foundations. This technology has been deployed on 62 turbines on a European offshore wind farm which completed commissioning in 2024.

“PFT is a bespoke monopile foundation installation support solution, designed to address the stabilising issues involved with monopile foundations being placed in pre-drilled boreholes, due to challenging seabed conditions. This proven technology has been used to support DEME with the foundation installation of 80 turbines on the St Nazaire offshore wind farm for EDF Renewables.

“We have applied our deep understanding of flexible riser solutions in oil and gas to the offshore renewables sector to provide design, analysis and integrity management services for offshore wind power cables. This technology could prove vital with the emergence of green hydrogen where there will be a requirement to transport hydrogen to seabed level and then back onshore, this technology could be applied to both fixed bottom offshore wind turbines and floating wind.

“My focus over the next 12 months and beyond is to bring all of these services and products into a single renewables offering, to go and speak to our customers and industry stakeholders to showcase our combined industry offering. We know that there is still a long way to go but we believe that by speaking with our customers at the early stages of a project, before the final investment decision has been made, we can significantly and positively impact projects with our novel approach to decarbonisation.

“With increasing socioeconomic and political attention to the energy transition, we continue to seek to be a part of the conversation, taking part in industry messaging workshops and steering groups to put forward new ideas and understand the issues facing our industry. We will continue to innovate, adapt and adopt new technologies and play our part in contributing to a just energy transition and we look forward to taking our partners, customers and employees on that journey with us”.

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