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 May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Technology

U.S. Senators Urge Obama to Block Arctic Oil Drilling

A group of 18 mostly Democratic U.S. senators on Friday urged the Obama administration to stop Royal Dutch Shell's preparations for oil exploration in the Arctic,

Seaway to Receive Prestigious OECD Award

The St. Lawrence Seaway Management Corporation (SLSMC) announced today that it will receive a prestigious award from the Organization for Economic Cooperation

Torqeedo Introduces New Deep Blue Inboard

Torqeedo now offers a shaft drive version of its 40 and 80 horsepower Deep Blue motor. An electric drive designed for marine use from the ground up, the Deep Blue inboard shares the safety,

Offshore

Mobil Says Oil Discovery off Guyana is 'Significant'

Unlike almost all its neighbors, Guyana isn’t an oil producer yet. But the energy giant Exxon Mobil recently announced it had discovered “significant” oil off the coast.

US Oil Platform on Fire in Gulf Of Mexico

An oil platform caught fire and was evacuated in the U.S. Gulf of Mexico offshore Louisiana in the early hours of Friday, though no injuries were reported, the U.

IMO Adopts Polar Code Environmental Provisions

United Nations' International Maritime Organization (IMO) has adopted the environmental part of the Polar Code. Hereby, internationally binding regulations on

Finance

Fincantieri Invests In Camper & Nicholsons

Fincantieri has signed an agreement for the acquisition of a minority stake via capital injection in Camper & Nicholsons International (Camper & Nicholsons), the

Tsakos Energy Navigation Reports 156% Increase in Q1 Profits

Greece-based Tsakos Energy Navigation Ltd (TEN) has reported first-quarter profit of $37.3 million from $14.6 million in Q1 2014 - a 156% Increase. On a per-share basis it has profit of 42 cents.

Egypt's $3 Bln LNG tender in June

Egypt is reportedly to issue a tender in early June to buy up to $3 billion of liquefied natural gas over 2016 and 2017, Reuters reports.   The country recently

Surveyors

Mobil Says Oil Discovery off Guyana is 'Significant'

Unlike almost all its neighbors, Guyana isn’t an oil producer yet. But the energy giant Exxon Mobil recently announced it had discovered “significant” oil off the coast.

Carrier Schedule Reliability Improves in April

Transport consultant Drewry’s Carrier Performance Insight (CPI) for April records 67.6%, up by 4.1 percentage improvement on the previous month in the aggregate

China Denies Kra Canal Deal

China has denied it is involved in work on the Kra canal, defusing hype over a project that purportedly lets ships bypass the Strait of Malacca and Singapore's port, reports Strait Times.

 
 
Maritime Standards Naval Architecture Pipelines Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | 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: 0.1814 sec (6 req/sec)