Bibby Offshore Invests Millions

Press Release
Wednesday, October 24, 2012
BRIL Managing Director Mike Arnold in front of Remotely Operated Vehicle (ROV)

Aberdeen-based subsea installation contractor Bibby Offshore has announced investment of around £11million in Remotely Operated Vehicle (ROV) systems for its latest division, Bibby Remote Intervention Limited (BRIL).



Initial investment of close to £4million has been made in ROV systems for Bibby Offshore’s fleet of Diving Support Vessels (DSVs) to bring the service provision in-house, while 46 jobs have been created on and offshore within the division already this year.



BRIL has installed Sub Atlantic Comanche ROVs on all three of Bibby Offshore’s North Sea fleet of DSVs, including the Bibby Topaz, Bibby Sapphire and Toisa Polaris, and it also supplies BRIL survey and position services onboard the DSVs in conjunction with NCS Survey.



BRIL has awarded Soil Machine Dynamics (SMD), based in Newcastle, a five year frame contract worth £25million for SMD to provide a wide range of hydraulic work-class ROVs to BRIL. Under the terms of the agreement, BRIL took delivery of its first new work-class ROV, the 100horse power (hp) Atom, from SMD in September and will receive a new 3000metre rated, 150hp Quasar in November. BRIL will then immediately expand its onshore staff by eight and offshore workforce will more than double from 30 to around 65.Further recruitment of staff will continue throughout 2013.



BRIL has invested a further £1.8million in two SeaEye Lynx inspection class ROV’s. They have been installed on board Bibby Offshore’s NOR Spring DP2 (Dynamic Positioning) ROV Support Vessel, which is currently operating in Indonesia providing inspection services for Pertamina. BRIL will provide support services for the Bibby Offshore Limited Asia Pacific division, based in Singapore.



Bibby Offshore’s Chief Executive, Howard Woodcock said: “We have further emphasised our commitment to becoming a leading subsea construction and installation company by taking ROV support and survey services in house. This ensures our entire service provision meets the same consistent high standards of delivery which Bibby Offshore has developed a reputation for supplying to its customers. Expanding our fleet and in-house service capability puts us in a leading position in the North Sea market.’’



BRIL Managing Director, Mike Arnold added: “BRIL has a strategic plan in place to ensure the division achieves success and the ROV products and services meet the requirements of the industry. The investment has allowed us to enhance our service provision with new, more capable systems. We have also recruited a highly-skilled team who are all looking forward to playing a role in Bibby Offshore’s exciting future. BRIL will be continuing to employ further staff and build on experience on and offshore.”



BRIL plans to make further investments in equipment over the coming months which will consist of ordering a mixed fleet of work-class ROV’s including the 100hp Atom, 150hp Quasars and heavy duty construction ROV the 250hp Quantum.



Bibby Offshore, part of the Bibby Line Group, has grown from 10 employees in 2003 to now employing over 750 people worldwide, with offices in Aberdeen, Liverpool, Singapore and Trinidad. The company has an international fleet of five subsea support vessels including the most modern fleet of DSV’s in the North Sea.

 

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Technology

Decade Old India Shipping Summit Makes History

In ten years, India Shipping Summit held consistently in Mumbai, has sailed on a robust growth course despite the worldwide witnessing recessionary waves buffeting any endeavors to grow and gain.

Ezra Bags $70m in Offshore Contracts

Ezra Holdings Limited, a leading contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the Group’s Subsea Services division,

Clean Marine Wins New Contract

Clean Marine has been selected by Hyundai Mipo Dockyard in South Korea to supply exhaust gas cleaning systems (EGCS) for two new MR tankers. IMO’s convention

Offshore

Ezra Bags $70m in Offshore Contracts

Ezra Holdings Limited, a leading contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the Group’s Subsea Services division,

Rederij Groen Takes Delivery of 7-Waves

Rederij Groen’s entire SRSV fleet built by Damen Maaskant Shipyards Stellendam. Dutch offshore services company Rederij Groen has taken delivery of the 7-Waves,

New Oil Field Found in British North Sea

GDF SUEZ E&P UK Ltd and BP today announced a new exploration discovery in the UK Central North Sea. The discovery, which spans GDF SUEZ operated block 30/1f

Finance

Areva-Siemens Raises Claim Over Finnish Reactor Delays

The French-German consortium Areva-Siemens , the supplier of Finland's much-delayed Olkiluoto-3 nuclear reactor, has increased its claim against Finnish utility Teollisuuden Voima (TVO),

Ezra Bags $70m in Offshore Contracts

Ezra Holdings Limited, a leading contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the Group’s Subsea Services division,

WFW Advises ING Bank on $340m Loan Facility for Euronav

Watson, Farley & Williams (WFW) has advised ING Bank N.V. (ING) as sole bookrunner and facility agent for a syndicate of banks on a $340 million loan facility made available to Euronav NV.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Pipelines Pod Propulsion Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2907 sec (3 req/sec)