Business Chief APAC+ANZ Magazine September 2014 | Page 141

AJ LUCAS
ENERGY adhere to the rules and actually causes a mess , putting a blight on the whole industry ,” Sweeting said . “ We certainly don ’ t want to be the company that gives some of the industry ’ s detractors a reason to be extremely negative about its ability to self-regulate .” This is particularly important , since Lucas often works on leases which are owned and operated by other companies .
“ Whoever it may be , we need to show that we have a system where we can regulate and demonstrate our group ’ s performance and the ability to actually mesh and uphold the standard they have committed to the local community or the government ,” Sweeting said .
Working Better Together Maintaining these high standards is important to Lucas , since they work with a lot of different partners across various industries . On the pipeline side , Lucas has had a joint venture for 17 years and counting with onshore pipeline and facilities contractor Spiecapag .
“ Where a pipeline job maybe too big for us , or for Lucas to perform in its own right , we ’ ll partner with
Spiecapag to deliver to our clients ,” Sweeting said . “ It ’ s proven to be a very successful relationship that ’ s been fostered and valued within Lucas for many years now .”
Lucas also holds several investments in subsidiaries , one of which is U . K . -based exploration drilling company Cuadrilla . Through Cuadrilla , Lucas has partnerships with a number of different companies , making it quite important to the investment side . Lucas holds a 45 percent equity interest in the company and since 2007 , has invested a net $ 91 billion in it .
Other international partnerships include one with the China Petroleum Pipeline Bureau , and both parties are of often in talks on where they can benefit each other from the relationship . “ We ’ re currently doing a job in Hong Kong in which Lucas actually held key positions on HDD and we ’ re helping them deliver quite a technically challenging HDD project over there ,” Sweeting said .
So , what makes Lucas a company in such high demand ? According to Sweeting , it ’ s their willingness to deliver on a project from conception to completion .
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