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

Technology

SGS Wet Welding Repairs Approved by DNV GL

DNV GL and Subsea Global Solutions LLC (SGS) say that they have completed an extensive joint research and development program, that will allow permanent repairs

Navy Unmanned Aircraft Sets the Bar

The Navy's X-47B unmanned aircraft has completed its final test aboard 'USS Theodore Roosevelt' (CVN 71) and has returned to its home base at Naval Air Station Patuxent River after eight days at sea
,

Nanotechnology & Big Data: New Review

A report commissioned by the Lloyd’s Register Foundation, reviewing the potential implications of nanotechnology on the safety and performance of engineering assets

Offshore

Drydocks World to Participate in SMM 2014

Drydocks World, the leading provider of maritime and offshore services to the shipping, oil, gas, and energy sectors, will participate in the prestigious 26th edition of Shipbuilding,

SBM Offshore Completes Real Estate Divestment

SBM Offshore is pleased to announce that is has completed the sale and lease back of its Monaco real estate portfolio.  The last of the three buildings was sold

Keppel T & T Appoints Lim Chin Leong to its Board

Keppel Telecommunications & Transportation Ltd (Keppel T&T) has strengthened its Board with the appointment of Mr Lim Chin Leong as an independent, non-executive

Finance

Brent Crude Slips Towards US$102

Brent crude fell towards $102 a barrel on Tuesday on concerns of slowing oil demand growth due to weak economic recoveries in China and Europe, although new unrest

Aker Solutions Update on Company Hive-Off

Aker Solutions informs updated unaudited financial information for the two companies - the new Aker Solutions and Akastor - that will be formed following the split

Russia's Shipping Major Reports Strong 1H 2014

OAO Sovcomflot (SCF Group), Russia’s largest shipping company and a global leader in seaborne energy transportation and offshore services, has announced its financial

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators 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: 0.1751 sec (6 req/sec)